3D METALFORGE LIMITED (ASX.3MF)

Shareholders in this company should consider crystallising a capital loss in 2023/24 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

delisted for non-payment of annual listing fee under Listing Rule 17.15

we understand the entity failed to pay the annual listing fee

Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday, 21 August 2023 would have its securities suspended from Official Quotation before the commencement of trading on Tuesday, 22 August 2023. The following entity has failed to pay to ASX Limited the annual listing fees for the year ending 30 June 2024 and consequently will have its securities suspended from quotation immediately. The company has failed to pay to ASX the annual listing fees for the year ending 30 June 2024, and its securities are already suspended from quotation.

The company releases a notice of application for quotation of securities.

The company releases a notice of proposed issue of securities.

The following post-consolidation ully paid ordinary shares and unlisted options are to be released from escrow: 3MFAC, 4,635,562 fully paid ordinary shares; and 3MFAD, 65,000 unlisted options exercisable at $5.00 each and expiring on 11 December 2023.

The company releases a notice of application for quotation of securities.

The securities consolidation timetable has been extended to the following dates: Last day for the company to update its register and to send holding statements - 13 June 2023; Trading starts on a normal T+2 basis - 14 June 2023; First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis - 16 June 2023.

The timetable has been amended: Last day for the company to update its register and to send holding statements - 2 June 2023; Trading starts on a normal T+2 basis - 5 June 2023; First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis - 7 June 2023.

The company releases its meeting's results.

The company updates its securities consolidation timetable.

The company makes an update to its timetable to reflect the appropriate effective date of the proposed consolidations.

The company releases a notice of consolidation. Shareholders get 1 share for every 20 presently owned.

The company releases a letter to its shareholders regarding the general meeting to be held on Monday 15 May 2023 at 11.00 a.m. (AEST) at Level 2, 350 Kent Street, Sydney NSW 2000.

On 27 February 2023, 3MF executed the Deed of Company Arrangement reported to creditors in the Administrators Report to Creditors dated 20 February 2023 and proposed at the second meeting of creditors held earlier today. The DOCA appoints Mr David Levi of Levi Consulting as Deed Administrator. Mr Levi is now responsible for all matters in relation to 3MF including the administration of the DOCA, and the Voluntary Administrators' appointment has come to an end.

The company releases an application for quotation of securities.

The following fully paid ordinay shares are due to be released from escrow: 3MFAC, 3,690,340 fully paid ordinary shares - 9 February 2023.

The Directors of 3D Metalforge Limited ACN 644 780 281 resolved to appoint Rob Kirman and Rob Brauer as Voluntary Administrators. The Administrators' appointment relates only to the listed entity, 3MF, and does not extend to any of its wholly owned subsidiaries domiciled in Singapore and the US. The Administrators are undertaking an urgent assessment of 3MF and intend to explore options for the sale and/or recapitalisation of 3MF. A first statutory meeting of creditors must be held within eight business days after the administration begins and is expected to take place on 2 February 2023.

The Company's wholly owned Singaporean incorporated operating subsidiaries, 3D Metalforge Pte Ltd and 3D Matters Pte Ltd have been placed into provisional liquidation. The Directors of both subsidiaries have passed resolutions to propose for creditors voluntary liquidation. The Company also advises that the Resolutions appoint Mr. Luke Anthony Furler and Ellyn Tan Huixian c/o Quantuma (Singapore) Pte Limited, as joint and several Provisional Liquidators until the appointment of the Liquidators.

The Company now advises that the Singapore Court has ordered the moratorium be discharged with effect from 19th January 2023 for both 3D Metalforge Pte Ltd and 3D Infra Pte Ltd.

The High Court of the Republic of Singapore had made a Court order for the extension of the moratorium under Section 64 of the Insolvency Restructuring and Dissolution Act 2018 over its wholly owned Singaporean incorporated operating subsidiary, 3D Metalforge Pte Ltd. The Company has applied to the Singapore Court for, and been granted, a date of the 19th January 2023 for a hearing for the discharge of the moratorium. Upon this discharge being granted by the Singapore Court, it is the Company's intention to place the Company's Singaporean subsidiaries "“ 3D Metalforge Pte Ltd and 3D Infra Pte Ltd into liquidation.

In order to continue to preserve shareholder value, the company has reduced the staff in its operating subsidiaries as follows: In 3D Metalforge Pte Ltd, notice has been given to terminate all staff employment contracts and to terminate all independent contractor agreements. In 3D Metalforge LLC, notice has been given to terminate all staff employment contracts. Most staff in 3D Metalforge Pte Ltd have a 1 month notice period and will continue to work during this period. Staff in 3D Metalforge LLC are mainly employed on an "at will" basis and so will cease work immediately.

On 14 November 2022, the Singapore Court made further orders in the grant of a temporary moratorium under Section 64 of the Insolvency Restructuring and Dissolution Act 2018 over the company's wholly owned Singaporean incorporated operating subsidiary, 3D Metalforge Pte Ltd.

The company lodges its Quarterly Activities and Cashflow Report.

The company's wholly owned Singaporean incorporated operating subsidiary, 3D Metalforge Pte, has applied to the High Court of the Republic of Singapore for a temporary moratoriumn to restrain the commencement of certain legal actions by creditors including, but not limited to, passing any resolution to wind up or sue 3DMF or its subsidiaries without the court's permission. The company's wholly owned Singaporean incorporated subsidiary, 3DInfra Pte Ltd, has also made a similar application to the Singapore Court as a related party to 3DMF.

In partnership with PSA Corporation Limited, 3D Metalforge successfully developed and commissioned the first of its kind additive manufacturing facility at Pasir Panjang Terminal in the port of Singapore in June 2021 and was awarded a A$387k contract to produce metal parts in this new port facility. PSA and 3MF have now extended this collaboration by extending the contract for metal parts within the port facility for a further 12 months. This extension reflects extra R&D work and increased quality of parts being produced under the original contract, as well as an increased number of polymer and metal parts being produced during the contract period. PSA Singapore is one of the flagship terminals of PSA International, a leading global port group and trusted partner to cargo stakeholders with a global network encompassing over 50 locations in 26 countries. This extension supports 3MF's strategic goal of supporting a growing multinational blue-chip client base through the Company's advanced proprietary 3D printing systems and offering clients the full range of 3D printing services, including design and engineering, material advisory, diagnostics and testing, production printing and post-production certification.

The company releases a notice of proposed issue of securities.

3MF has restructured its financing to support the growth of current opportunities, such as its 4-year contract with Woodside Energy as well as new opportunities to drive long term growth. Early core shareholders and investors have agreed to convert A$800k of debt into equity as part of fundamental restructuring of balance sheet. 3MF continues its operational efficiency program with headcount reduction of 30% and expects net cash used for operating activities to reduce by over 25% at Q4 2022; paving the way for increased runway and allowing time for key contracts such as Woodside to mature and develop. Company launches new equity fund raising round to raise up to $2.1M.

The Company will not be in a position to lodge its Appenidx 4D and auditor reviewed Half Year Financial Report for the six month period ended 30 June 2022 by the prescribed reporting deadline of 31 August 2022, as required by ASX listing rule 4.2B. The inability to comply with this requirement stems from ongoing audit and corporate work. The Company is diligently working on resolving all outstanding matters with a view to lodging its 30 June 2022 Appendix 4D and Half Year Financial Report at the soonest possible time.

The securities of the company will be suspended from Official Quotation in accordance with Listing Rule 17.5 from the commencement of trading today, 1 September 2022, following its failure to lodge the relevant periodic report by the due date.

listed entity carried for record purposes only