|
administrators are yet to make a determination as to the likely returns to creditors from the administrations of VResources and VNickel, as this will ultimately be dependent upon the realisation of VNickel’s 30 percent interest in the Carnilya Hill Joint Venture
|
02/06/2010
|
|
variations to the DOCA’s of both VResources and VNickel were approved by creditors at meetings held on 12 January 2010. Following agreement between the Deed Administrators and Austral-Asia Resources and Infrastructural Investments Pty Ltd (AARII) with respect to a number of critical terms within the DOCA’s, the DOCA’s were executed on 14 May 2010
|
14/05/2010
|
|
the administrators are yet to make a determination as to the likely returns to creditors from the administrations of View Resources however they will update creditors in due course
|
29/03/2010
|
|
meetings of creditors were held pursuant to section 445F of the Corporations Act and creditors resolved to vary the Deeds of Company Arrangement of View Resources Limited and View Nickel Pty Ltd and further resolved to terminate View Gold Pty Ltd’s DOCA and to place that company into Liquidation - a creditors meeting was held and creditors approved variations to the View Resources Deed of Company Arrangement (“DOCA”) - the key variations to the existing DOCA for View Resources are as follows: 1. The completion of the VGold DOCA is to be removed as a condition precedent to completion of the VResources DOCA;
2. Funds will be distributed in respect of administration costs/remuneration, employees’ priority claims, secured claims and unsecured claims as funds permit in accordance with the provisions of the Corporations Act;
3. AARII will not provide a top-up payment to the unsecured creditors of VResources;
4. The reduction of the intercompany loan with VGold will be removed (reduction from $78 million to $70 million); and
5. The Australian Securities Exchange (“ASX”) reconstruction related clauses are removed given that AARII is not currently contemplating the relisting of VResources.
|
12/01/2010
|
|
the third meeting of creditors of View Resources has been convened for Tuesday , 12 January 2010 at the offices of Ferrier Hodgson, Level 26 Bankwest Tower, 108 St Georges Terrace, Perth, Western Australia at 11.00am Western Standard Time to decide the future of the company
|
23/12/2009
|
|
the sale of the Bronzewing assets for $16m was completed on 30 September 2009
|
12/10/2009
|
|
Navigator Resource Limited ("Navigator", ASX: "NAV") advises that it has entered into a
conditional agreement to purchase the assets of the Bronzewing Gold Project from the
Administrators of View Gold Pty Ltd and View Resources Limited (Subject to Deeds of
Company Arrangement). The purchase price for the acquisition of the Bronzewing Gold
Project is A$9.55M plus the assumption of various environmental bonding obligations
totalling A$6.45M
|
02/04/2009
|
|
Deed Administrators issue a circular to shareholders in which they indicate the possibility of the reinstatement of the company to quotation by February 2009 and the possible preservation of "some value for existing shareholders" - they are not inviting shareholders to submit proofs of debt as they do not believe directors breached continuous disclosure rules
|
28/08/2008
|
|
a Deed of Company Arrangement (DOCA) is executed
|
15/08/2008
|
|
administrators have signed a funding agreement to refinance certain debts
|
12/03/2008
|
|
the appointment of receivers (Brian MacMaster and Mark Mentha of KordaMentha) ceases - control of the assets of the company is in the hands of the administrators Darren Weaver and Andrew Saker of Ferrier Hodgson
|
12/03/2008
|
|
receivers report that steps are being taken to move VGold's Bronzewing gold project onto care and maintenance
|
27/02/2008
|
|
receivers (Brian MacMaster and Mark Mentha of KordaMentha) are appointed by the secured creditor
|
19/02/2008
|
|
the company's board responds to ASX queries - we recommend shareholders read both
|
15/02/2008
|
|
further to the announcement by Mincor on 8 January 2008 that it had reached agreement with View
Resources Ltd to acquire the interests of View in the Carnilya Hill Joint Venture and certain other nickel
rights - company advises that the conditions associated with the acquisition had not been satisfied by
the required date - the Parties to the proposed transaction have not agreed on a further extension to the date for
satisfaction of these conditions and accordingly the agreement has lapsed
|
12/02/2008
|
|
securities suspended from quotation following the appointment of Darren Weaver and Andrew Saker of Ferrier Hodgson as administrators
|
08/02/2008
|
|
securities reinstated to quotation
|
05/11/2007
|
|
securities suspended from quotation pending an announcement
|
01/11/2007
|
|
securities reinstated to quotation
|
03/10/2007
|
|
releases full year statutory accounts
|
28/09/2007
|
|
the company has closed out all remaining hedging for the Bronzewing Gold Project with
immediate effect - it is confident that by taking this position and becoming totally
unhedged and fully exposed to the rising gold price represents the best case scenario in the
current bull gold market - View is well advanced in its discussions to secure a level of short term funding
|
26/09/2007
|
|
securities suspended from quotation pending an announcement about short-term financing
|
24/09/2007
|
|
securities reinstated to quotation
|
02/07/2007
|
|
securities suspended from quotation pending an announcement
|
21/06/2007
|
|
shares reinstated to quotation
|
22/11/2006
|
|
shares suspended from quotation pending release of an announcement
|
16/11/2006
|
|
shares reinstated to quotation following an announcement regarding an "underwritten pro-rata renounceable issue"
|
30/05/2005
|
|
shares suspended from quotation pending an announcement by the company
|
26/05/2005
|
|
name changed from Smartworld Corporation Limited
|
08/04/2002
|
