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16 September 2024
| Name: | BOUNTY MINING LTD (BNT) | |||||||||
| Date of Listing: | 30 April 2004 | |||||||||
| Date of Delisting: | 31 December 2015 | |||||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 31 December 2015.Legal Status:
This entity was placed in liquidation on 25 September 2020.Capital Gains Tax (CGT) Status:
This entity is in liquidation, its securities in our opinion, are of little or no value. Previously listed entities that enter external administration, rarely provide a distribution to shareholders unless the winding up is for reasons other than corporate failure. If you are still a holder of securities and seek to realise a capital loss for Capital Gains Tax (CGT) purposes you will need to wait until the liquidator has issued a declaration of loss (a CGT Event) or the entity is deregistered (a CGT Event) or the entity recovers. (Once an entity “progresses” to the liquidation stage, deListed is unable to acquire its securities.).
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| Company | FROM | TO |
|---|---|---|
| BOUNTY MINING LTD | 10/12/2008 | |
| BOUNTY INDUSTRIES LIMITED | 16/03/2005 | 10/12/2008 |
| AUSMET RESOURCES LIMITED | 16/03/2005 |
REGISTRY:
Computershare Melbourne
Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail
reinstated subsequently - see B2Y | 31/12/2015 |
delisted from the close of trading on Thursday, 31 December 2015, pursuant to Listing rule 17.12 and Guidance Note 33 | 31/12/2015 |
we understand that it is ASX policy to automatically remove from the official list any entity whose securities have been suspended from trading for a continuous period of 3 years | 31/12/2015 |
Notice ls given that the Second Meeting of Credltors of the Company was held earlier today, Pursuant to subsection 439B(2) of the Corporations Act 2001, creditors resolved to adjourn the meeting for a period which is not to exceed 45 business days from today. | 16/12/2015 |
Notice is given that a second meeting of creditors of the company will be held at BRI Ferrier Chartered Accountants, Level 30, Australia Square 264 George Street, Sydney NSW 2000 on Wednesday 16 December 2015 at 10:30 AM. | 07/12/2015 |
The company releases the results of its annual general meeting. | 26/11/2015 |
Notice is given that a meeting of creditors of the company will be held at BRI Ferrier Chartered Accountants, Level 30, Australia Square 264 George Street, Sydney NSW 2000 on Monday, 23 November 2015 at 10:00 AM | 13/11/2015 |
The Board of Bounty has placed the Company into Voluntary Administration (Martin Green & Robyn Karam appointed) effective 11 November 2015. Through this action the Directors hope to restructure the Company and continue the development of the Wongai project. | 11/11/2015 |
The company lodges its Quarterly Cashflow Statement "“ September 15 quarter. | 30/10/2015 |
Notice is hereby given that the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Thursday, 26 November 2015, at the offices of Bounty Mining Limited at Suite 1002, Level 10, 60 Pitt Street, Sydney, NSW 2000. | 28/10/2015 |
The company lodges its annual operations and financial report for 30 June 2015. | 29/09/2015 |
The company lodges its preliminary final report for the financial period ending 30 June 2015. | 27/08/2015 |
The company lodges its quarterly cash flow report for the June 15 quarter | 31/07/2015 |
Bounty continues to progress the Wongai coking coal project after loss of coordinated project status. | 30/07/2015 |
Bounty Mining Limited ("the Company") has previously announced that it has been in discussion with a number of interested parties regarding various financing options to fund Phases 2 and 3 of the Wongai Coal Project and working capital. While it has been difficult to raise capital by issuing equity in the current poor market conditions, Bounty remains in discussion with a number of parties on capital raising. | 10/07/2015 |
all resolutions put to the General Meeting of 02 April 2015 were passed unanimously on a show of hands | 02/04/2015 |
announces that it has reached agreement with its main lender, VETL Pty Ltd ("VETL") (a company associated with its Chairman and CEO Gary Cochrane) to vary the debt | 31/03/2015 |
releases Results of Coke Oven Tests | 23/03/2015 |
releases 2014 Drilling Results, Wongai Project | 09/03/2015 |
a General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Thursday, 02 April 2015, at the offices of Bounty Mining Limited at Suite 1002, Level 10, 60 Pitt Street, Sydney, NSW 2000 | 27/02/2015 |
releases Half Yearly Report and Accounts | 25/02/2015 |
provides Operations Update | 23/02/2015 |
all resolutions put to the Annual General Meeting of 27 November 2014 were passed unanimously on a show of hands | 27/11/2014 |
the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Thursday, 27 November 2014, at the offices of Bounty Mining Limited at Suite 1002, Level 10, 60 Pitt Street, Sydney, NSW 2000. | 24/10/2014 |
On 18 August 2014 Bounty Mining Limited ("Bounty" or "the Company") lodged a Prospectus with ASIC for an offer of up to 150,000,000 Shares at an issue price of $0.03 (3 cents) per share in order to raise up to $4,500,000. On 16 September the Company advised that the offer had been extended until 5pm (EST) on Friday 26 September. On 26 September the Company again extended the offer until 5pm (EST) on Friday 10 October 2014. The Company now advises that the Offer has been closed. The minimum subscription amount under the prospectus has not been reached and the Company is now in discussions with interested parties regarding other financing options | 10/10/2014 |
The Company now advises that the Offer has again been extended and will remain open until 5pm (EST) on Friday 10 October 2014. | 26/09/2014 |
On 18 August 2014 Bounty Mining Limited ("Bounty" or "the Company") lodged a Prospectus with ASIC for an offer of up to 150,000,000 Shares at an issue price of $0.03 (3 cents) per share in order to raise up to $4,500,000. The Company now advises that the Offer has been extended and will remain open until 5pm (EST) on Friday 26 September 2014 | 16/09/2014 |
Bounty Mining Limited ("the Company") has today lodged a prospectus with ASIC in relation to an issue of up to 150,000,000 shares at 3c per share to raise up to $4,500,000 | 18/08/2014 |
announces an agreement to vary terms of debt | 11/08/2014 |
lodges Annual Report to shareholders FY2014 | 04/08/2014 |
Bounty obtained shareholder approval to issue 166,666,667 shares at 3cps to VETL Pty ltd ("VETL"), a company associated with Chairman Gary Cochrane, in partial conversion of a debt owed by Bounty to VETL. Bounty has now completed this transaction, issued the shares to VETL and applied for official quotation of the shares. Bounty's debt and gearing levels are now significantly reduced. - Bounty obtained shareholder approval to issue up 150m shares to raise $4.5m to fund the Phase 2 Works of the Wongai Coal Project and working capital. Bounty also has the capacity to raise capital through the issue of shares under Listing Rules 7.1 and 7.1A. These represent important milestones in Bounty's restructuring | 06/06/2014 |
Bounty Mining Limited (ASX: BNT) (Company) has appointed Novus Capital Limited (Novus) to manage the Company's planned capital raising via a Placemen | 12/05/2014 |
a General Meeting of the Shareholders of Bounty Mining Limited will be convened at 9 am on Friday, 6 June 2014, at the offices of Bounty Mining Limited at Suite 1002, Level 10, 60 Pitt Street, Sydney, NSW 2000 | 02/05/2014 |
Bounty has reached agreement with its main lender, VETL Pty Ltd ("VETL"), to convert $5m of the Company's debt to equity. The proposed conversion price of 3 cents per share will be at a premium to the price of the recent capital raising | 07/04/2014 |
releases the results of 2013 Drilling - Additional Information | 11/02/2014 |
all resolutions put to the Annual General Meeting of 27 November 2013 were passed unanimously on a show of hands | 27/11/2013 |
the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Wednesday, 27 November 2013, at the offices of Bounty Mining Limited at Suite 1002, Level 10, 60 Pitt Street, Sydney | 25/10/2013 |
announces that it has finalised agreements for a Farm-in, a Joint Venture and a Management Contract for the Wongai Coal Project | 26/09/2013 |
releases Annual Report to shareholders | 20/09/2013 |
company announces that it has finalised agreements for a Farm-in, a Joint Venture and a Management Contract for the Wongai Coal Project | 13/09/2013 |
Bounty currently operates a single mining contract for client Anglo American at Aquila in Central Queensland. Our client has informed us today that it has completed a review of Aquila operations in response to declining commodity prices generally and metallurgical coal prices in particular. Unfortunately, the outlook remains difficult for the foreseeable future and as a result, Bounty Mining" contract will not be extended at the expiry of its term of 30 July 2013 and the Aquila operation will be put into care and maintenance. | 10/06/2013 |
releases Half Year Accounts | 19/02/2013 |
releases half yearly report and accounts - Bounty continues to operate a single contract with Anglo American Metallurgical Coal Pty Ltd ("Anglo Americany") to operate at the Aquila mine at German Creek in Central Queensland. Bounty is in negotiations with Anglo American to extend and expand its contract. Bount" only lender is VETL Pty Ltd ("VETL"), a company associated with Chairman Mr Gary Cochrane. At 31 December 2011, the loan balance, including capitalised interest, was $8,276,212. On 2 February 2012, Bounty renegotiated its loan facility with VETL. The material changes in terms are as follows: - If no Capital Raising takes place, the loan is repayable on 31 December 2013 (previously repayable 30 September 2012); and - Interest is payable monthly in full (previously $25,000 partial payments monthly). - NTA at 31 Dec 2011 was a negative 39 cents | 22/02/2012 |
all resolutions put to the Annual General Meeting of 15 November 2011 were passed unanimously on a show of hands | 15/11/2011 |
the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Tuesday, 15 November 2011, at the offices of Bounty Mining Limited at Suite 206, Level 2, 65 York Street, Sydney, NSW 2000 | 05/10/2011 |
releases Full Year Statutory Accounts | 08/09/2011 |
the Company advises that all resolutions put to the Annual General Meeting of 05 September 2011 were passed on a show of hands | 05/09/2011 |
company said today that it had received advice that its client Anglo American intends to place the Bundoora mine at the German Creek Complex, on care and maintenance. Bounty had previously advised the market that, under the contract with Anglo American, mining at Bundoora was due to commence in August 2011. With the decision to place the mine on care and maintenance, commencement of mining at Bundoora is now deferred indefinitely. It is expected that the period of deferral will extend beyond the period of the current contract which runs until July 2012. The Bundoora mining project represented approximately 25% of the anticipated revenues from the Anglo contract for FY2012 | 25/08/2011 |
a Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Monday, 5 September 2011, at the offices of Bounty Mining Limited at Suite 206, Level 2, 65 York Street, Sydney, NSW 2000 | 03/08/2011 |
Bounty is expecting a full year loss before tax of approximately $0.47million for FY2011. This compares with a full year loss for FY2010 of $5.38million. The profit before tax for the half year to June 2011 is expected to be $0.09million, compared with a loss of $1.91million for the half year to June 2010. The guidance for FY11 includes unaudited results to May 11, and a forecast for June 11 based on achieving forecast production targets. The guidance does not include any provision for impairment of equipment values | 08/06/2011 |
company today said it received a default notice relating to its contract with Anglo American at German Creek, stemming mainly from delays in starting production. The board believes that Bounty is well advanced in addressing the issues. The board and management team are fully focused on resolving the issue. As a result, the board has decided to withdraw the prospectus that was lodged on 10 December 2010, and defer the capital raising until later in the financial year | 22/12/2010 |
releases Rights Issue Prospectus - this is a 7 for 5 non-renounceable rights issue at an issue price of $0.015 per share, to raise up to $10,052,529 million - Proceeds from the Rights Issue will be used to repay existing secured debt in full so that Bounty will recommence trading on the ASX debt free. The remaining proceeds will be used to expand and enhance the company's thin-seam mining equipment fleet - seeks to recommence trading on the ASX in early 2011 | 10/12/2010 |
The following unlisted options expired on 27 November 2010: ASX code: BNTAK Exercise Price: 12c / 22c Number of options: 750,000 Number of holders: 1 - the following securities remain on issue: Listed Securities: 478,691,869 BNT Listed Options: 25,386,867 BNTO | 01/12/2010 |
all resolutions put to the Annual General Meeting of 30 November 2010 were passed on a show of hands | 30/11/2010 |
appoints Patersons Securities Limited to Lead Manage and seek to Underwrite a Rights Issue that will recapitalise the company and allow Bounty to seek recommencement of trading on the Australian Securities Exchange | 17/11/2010 |
the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Tuesday, 30 November 2010, at the offices of Bounty Mining Limited at Suite 206, Level 2, 65 York Street, Sydney, NSW 2000 | 27/10/2010 |
Cash at the end of the quarter was down $52,000 to $206,000 | 11/08/2010 |
Bounty Mining Limited (ASX:BNT), via its subsidiary Bounty Operations Pty Ltd, has been awarded a two year contract with Anglo American Metallurgical Coal Pty Ltd ("Anglo American"). Anglo American is the majority owner and operator of the German Creek colliery in Central Queensland. The contract is to provide bord and pillar mining services at the Aquila and Bundoora mines. There is an option to extend the contract by mutual agreement for another 1 year period | 04/08/2010 |
Bounty Mining Limited (ASX:BNT), via its subsidiary Bounty Operations Pty Ltd, has entered into a six month contract with Xstrata, majority owner and operator of Oaky Creek North mine in Central Queensland, to provide labour hire services at the mine to assist with gate road development | 15/06/2010 |
company has entered into a new short-term commercial agreement with the operator of the Chain Valley colliery. This replaces the 12-month production contract which commenced in April 2009 | 16/04/2010 |
the following unlisted options expired on 28 February 2010: ASX code: BNTAD Exercise Price: 17c Number of options: 2,941,176 Number of holders: 1 | 24/03/2010 |
the convertible notes (ASX Code BNTGA) of Bounty Mining Ltd (the "Company") will be removed from the official list of ASX Limited at the close of trading tomorrow, Thursday 25 March 2010, in accordance with listing rule 17.10 | 24/03/2010 |
releases Chairmans address to the Annual General Meeting and advises that all resolutions put to the Annual General Meeting of 17 March 2010 were passed on a show of hands | 17/03/2010 |
the DOCA has been completed, and the Administration has been terminated | 16/03/2010 |
the company has now complied with its obligations under the Deed of Company Arrangement and Pool Fund Deed executed by the company on 11 September 2009. The cash dividend distributions and share dividend distributions have now been made to all admitted creditors | 25/02/2010 |
the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Wednesday, 17 March 2010, at the Bounty offices at Suite 206, Level 2, 65 York Street, Sydney, NSW 2000 | 12/02/2010 |
the distribution from the Pool Fund to note holders will be made in the first quarter of 2010 | 15/01/2010 |
company has today issued shares to fund the Deed of Company Arrangement and working capital | 18/12/2009 |
Placement shares 151,120,000 ordinary shares issued on 18 December 2009 (issued under Share Placement) 100,623,354 shares issued on 18 December 2009 (issued to DOCA creditors) | 18/12/2009 |
Bounty Mining Ltd announced today that it has settled an action to compel the release of a charge over the assets of its subsidiary Bounty Equipment Leasing Pty Limited ("BEL") granted in 2004 by BEL in favour of Jam 2002 Pty Ltd in its capacity as trustee for certain investment noteholders | 15/12/2009 |
the Company advises that all resolutions put to the General Meeting of 20 November 2009 were passed on a show of hands | 20/11/2009 |
releases Statutory Accounts and Appendix 4E 30 June 2009 | 18/11/2009 |
the anticipated record date for determining entitlement to participate in the Rights Issue is therefore expected to be in mid December 2009. An updated timetable will be released when these issues have been finalised | 13/11/2009 |
a General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Friday 20 November 2009, at the Bounty offices at Suite 206, Level 2, 65 York Street, Sydney, NSW 2000 | 15/10/2009 |
creditors resolve to execute a Deed of Company Arrangement | 10/09/2009 |
the Administrators have made a report available on the BRI Ferrier web site at www.briferrier.com.au | 03/09/2009 |
company releases first report to creditors - the trading companies continue to trade | 31/08/2009 |
shares suspended from quotation following the appointment of Martin Green and Peter Krejci of BRI Ferrier as administrators | 10/08/2009 |
name changed from Bounty Industries Limited | 10/12/2008 |
reinstated subsequently - see B2Y | 31/12/2015 |
delisted from the close of trading on Thursday, 31 December 2015, pursuant to Listing rule 17.12 and Guidance Note 33 | 31/12/2015 |
we understand that it is ASX policy to automatically remove from the official list any entity whose securities have been suspended from trading for a continuous period of 3 years | 31/12/2015 |
Notice ls given that the Second Meeting of Credltors of the Company was held earlier today, Pursuant to subsection 439B(2) of the Corporations Act 2001, creditors resolved to adjourn the meeting for a period which is not to exceed 45 business days from today. | 16/12/2015 |
Notice is given that a second meeting of creditors of the company will be held at BRI Ferrier Chartered Accountants, Level 30, Australia Square 264 George Street, Sydney NSW 2000 on Wednesday 16 December 2015 at 10:30 AM. | 07/12/2015 |
The company releases the results of its annual general meeting. | 26/11/2015 |
Notice is given that a meeting of creditors of the company will be held at BRI Ferrier Chartered Accountants, Level 30, Australia Square 264 George Street, Sydney NSW 2000 on Monday, 23 November 2015 at 10:00 AM | 13/11/2015 |
The Board of Bounty has placed the Company into Voluntary Administration (Martin Green & Robyn Karam appointed) effective 11 November 2015. Through this action the Directors hope to restructure the Company and continue the development of the Wongai project. | 11/11/2015 |
The company lodges its Quarterly Cashflow Statement "“ September 15 quarter. | 30/10/2015 |
Notice is hereby given that the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Thursday, 26 November 2015, at the offices of Bounty Mining Limited at Suite 1002, Level 10, 60 Pitt Street, Sydney, NSW 2000. | 28/10/2015 |
The company lodges its annual operations and financial report for 30 June 2015. | 29/09/2015 |
The company lodges its preliminary final report for the financial period ending 30 June 2015. | 27/08/2015 |
The company lodges its quarterly cash flow report for the June 15 quarter | 31/07/2015 |
Bounty continues to progress the Wongai coking coal project after loss of coordinated project status. | 30/07/2015 |
Bounty Mining Limited ("the Company") has previously announced that it has been in discussion with a number of interested parties regarding various financing options to fund Phases 2 and 3 of the Wongai Coal Project and working capital. While it has been difficult to raise capital by issuing equity in the current poor market conditions, Bounty remains in discussion with a number of parties on capital raising. | 10/07/2015 |
all resolutions put to the General Meeting of 02 April 2015 were passed unanimously on a show of hands | 02/04/2015 |
announces that it has reached agreement with its main lender, VETL Pty Ltd ("VETL") (a company associated with its Chairman and CEO Gary Cochrane) to vary the debt | 31/03/2015 |
releases Results of Coke Oven Tests | 23/03/2015 |
releases 2014 Drilling Results, Wongai Project | 09/03/2015 |
a General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Thursday, 02 April 2015, at the offices of Bounty Mining Limited at Suite 1002, Level 10, 60 Pitt Street, Sydney, NSW 2000 | 27/02/2015 |
releases Half Yearly Report and Accounts | 25/02/2015 |
provides Operations Update | 23/02/2015 |
all resolutions put to the Annual General Meeting of 27 November 2014 were passed unanimously on a show of hands | 27/11/2014 |
the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Thursday, 27 November 2014, at the offices of Bounty Mining Limited at Suite 1002, Level 10, 60 Pitt Street, Sydney, NSW 2000. | 24/10/2014 |
On 18 August 2014 Bounty Mining Limited ("Bounty" or "the Company") lodged a Prospectus with ASIC for an offer of up to 150,000,000 Shares at an issue price of $0.03 (3 cents) per share in order to raise up to $4,500,000. On 16 September the Company advised that the offer had been extended until 5pm (EST) on Friday 26 September. On 26 September the Company again extended the offer until 5pm (EST) on Friday 10 October 2014. The Company now advises that the Offer has been closed. The minimum subscription amount under the prospectus has not been reached and the Company is now in discussions with interested parties regarding other financing options | 10/10/2014 |
The Company now advises that the Offer has again been extended and will remain open until 5pm (EST) on Friday 10 October 2014. | 26/09/2014 |
On 18 August 2014 Bounty Mining Limited ("Bounty" or "the Company") lodged a Prospectus with ASIC for an offer of up to 150,000,000 Shares at an issue price of $0.03 (3 cents) per share in order to raise up to $4,500,000. The Company now advises that the Offer has been extended and will remain open until 5pm (EST) on Friday 26 September 2014 | 16/09/2014 |
Bounty Mining Limited ("the Company") has today lodged a prospectus with ASIC in relation to an issue of up to 150,000,000 shares at 3c per share to raise up to $4,500,000 | 18/08/2014 |
announces an agreement to vary terms of debt | 11/08/2014 |
lodges Annual Report to shareholders FY2014 | 04/08/2014 |
Bounty obtained shareholder approval to issue 166,666,667 shares at 3cps to VETL Pty ltd ("VETL"), a company associated with Chairman Gary Cochrane, in partial conversion of a debt owed by Bounty to VETL. Bounty has now completed this transaction, issued the shares to VETL and applied for official quotation of the shares. Bounty's debt and gearing levels are now significantly reduced. - Bounty obtained shareholder approval to issue up 150m shares to raise $4.5m to fund the Phase 2 Works of the Wongai Coal Project and working capital. Bounty also has the capacity to raise capital through the issue of shares under Listing Rules 7.1 and 7.1A. These represent important milestones in Bounty's restructuring | 06/06/2014 |
Bounty Mining Limited (ASX: BNT) (Company) has appointed Novus Capital Limited (Novus) to manage the Company's planned capital raising via a Placemen | 12/05/2014 |
a General Meeting of the Shareholders of Bounty Mining Limited will be convened at 9 am on Friday, 6 June 2014, at the offices of Bounty Mining Limited at Suite 1002, Level 10, 60 Pitt Street, Sydney, NSW 2000 | 02/05/2014 |
Bounty has reached agreement with its main lender, VETL Pty Ltd ("VETL"), to convert $5m of the Company's debt to equity. The proposed conversion price of 3 cents per share will be at a premium to the price of the recent capital raising | 07/04/2014 |
releases the results of 2013 Drilling - Additional Information | 11/02/2014 |
all resolutions put to the Annual General Meeting of 27 November 2013 were passed unanimously on a show of hands | 27/11/2013 |
the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Wednesday, 27 November 2013, at the offices of Bounty Mining Limited at Suite 1002, Level 10, 60 Pitt Street, Sydney | 25/10/2013 |
announces that it has finalised agreements for a Farm-in, a Joint Venture and a Management Contract for the Wongai Coal Project | 26/09/2013 |
releases Annual Report to shareholders | 20/09/2013 |
company announces that it has finalised agreements for a Farm-in, a Joint Venture and a Management Contract for the Wongai Coal Project | 13/09/2013 |
Bounty currently operates a single mining contract for client Anglo American at Aquila in Central Queensland. Our client has informed us today that it has completed a review of Aquila operations in response to declining commodity prices generally and metallurgical coal prices in particular. Unfortunately, the outlook remains difficult for the foreseeable future and as a result, Bounty Mining" contract will not be extended at the expiry of its term of 30 July 2013 and the Aquila operation will be put into care and maintenance. | 10/06/2013 |
releases Half Year Accounts | 19/02/2013 |
releases half yearly report and accounts - Bounty continues to operate a single contract with Anglo American Metallurgical Coal Pty Ltd ("Anglo Americany") to operate at the Aquila mine at German Creek in Central Queensland. Bounty is in negotiations with Anglo American to extend and expand its contract. Bount" only lender is VETL Pty Ltd ("VETL"), a company associated with Chairman Mr Gary Cochrane. At 31 December 2011, the loan balance, including capitalised interest, was $8,276,212. On 2 February 2012, Bounty renegotiated its loan facility with VETL. The material changes in terms are as follows: - If no Capital Raising takes place, the loan is repayable on 31 December 2013 (previously repayable 30 September 2012); and - Interest is payable monthly in full (previously $25,000 partial payments monthly). - NTA at 31 Dec 2011 was a negative 39 cents | 22/02/2012 |
all resolutions put to the Annual General Meeting of 15 November 2011 were passed unanimously on a show of hands | 15/11/2011 |
the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Tuesday, 15 November 2011, at the offices of Bounty Mining Limited at Suite 206, Level 2, 65 York Street, Sydney, NSW 2000 | 05/10/2011 |
releases Full Year Statutory Accounts | 08/09/2011 |
the Company advises that all resolutions put to the Annual General Meeting of 05 September 2011 were passed on a show of hands | 05/09/2011 |
company said today that it had received advice that its client Anglo American intends to place the Bundoora mine at the German Creek Complex, on care and maintenance. Bounty had previously advised the market that, under the contract with Anglo American, mining at Bundoora was due to commence in August 2011. With the decision to place the mine on care and maintenance, commencement of mining at Bundoora is now deferred indefinitely. It is expected that the period of deferral will extend beyond the period of the current contract which runs until July 2012. The Bundoora mining project represented approximately 25% of the anticipated revenues from the Anglo contract for FY2012 | 25/08/2011 |
a Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Monday, 5 September 2011, at the offices of Bounty Mining Limited at Suite 206, Level 2, 65 York Street, Sydney, NSW 2000 | 03/08/2011 |
Bounty is expecting a full year loss before tax of approximately $0.47million for FY2011. This compares with a full year loss for FY2010 of $5.38million. The profit before tax for the half year to June 2011 is expected to be $0.09million, compared with a loss of $1.91million for the half year to June 2010. The guidance for FY11 includes unaudited results to May 11, and a forecast for June 11 based on achieving forecast production targets. The guidance does not include any provision for impairment of equipment values | 08/06/2011 |
company today said it received a default notice relating to its contract with Anglo American at German Creek, stemming mainly from delays in starting production. The board believes that Bounty is well advanced in addressing the issues. The board and management team are fully focused on resolving the issue. As a result, the board has decided to withdraw the prospectus that was lodged on 10 December 2010, and defer the capital raising until later in the financial year | 22/12/2010 |
releases Rights Issue Prospectus - this is a 7 for 5 non-renounceable rights issue at an issue price of $0.015 per share, to raise up to $10,052,529 million - Proceeds from the Rights Issue will be used to repay existing secured debt in full so that Bounty will recommence trading on the ASX debt free. The remaining proceeds will be used to expand and enhance the company's thin-seam mining equipment fleet - seeks to recommence trading on the ASX in early 2011 | 10/12/2010 |
The following unlisted options expired on 27 November 2010: ASX code: BNTAK Exercise Price: 12c / 22c Number of options: 750,000 Number of holders: 1 - the following securities remain on issue: Listed Securities: 478,691,869 BNT Listed Options: 25,386,867 BNTO | 01/12/2010 |
all resolutions put to the Annual General Meeting of 30 November 2010 were passed on a show of hands | 30/11/2010 |
appoints Patersons Securities Limited to Lead Manage and seek to Underwrite a Rights Issue that will recapitalise the company and allow Bounty to seek recommencement of trading on the Australian Securities Exchange | 17/11/2010 |
the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Tuesday, 30 November 2010, at the offices of Bounty Mining Limited at Suite 206, Level 2, 65 York Street, Sydney, NSW 2000 | 27/10/2010 |
Cash at the end of the quarter was down $52,000 to $206,000 | 11/08/2010 |
Bounty Mining Limited (ASX:BNT), via its subsidiary Bounty Operations Pty Ltd, has been awarded a two year contract with Anglo American Metallurgical Coal Pty Ltd ("Anglo American"). Anglo American is the majority owner and operator of the German Creek colliery in Central Queensland. The contract is to provide bord and pillar mining services at the Aquila and Bundoora mines. There is an option to extend the contract by mutual agreement for another 1 year period | 04/08/2010 |
Bounty Mining Limited (ASX:BNT), via its subsidiary Bounty Operations Pty Ltd, has entered into a six month contract with Xstrata, majority owner and operator of Oaky Creek North mine in Central Queensland, to provide labour hire services at the mine to assist with gate road development | 15/06/2010 |
company has entered into a new short-term commercial agreement with the operator of the Chain Valley colliery. This replaces the 12-month production contract which commenced in April 2009 | 16/04/2010 |
the following unlisted options expired on 28 February 2010: ASX code: BNTAD Exercise Price: 17c Number of options: 2,941,176 Number of holders: 1 | 24/03/2010 |
the convertible notes (ASX Code BNTGA) of Bounty Mining Ltd (the "Company") will be removed from the official list of ASX Limited at the close of trading tomorrow, Thursday 25 March 2010, in accordance with listing rule 17.10 | 24/03/2010 |
releases Chairmans address to the Annual General Meeting and advises that all resolutions put to the Annual General Meeting of 17 March 2010 were passed on a show of hands | 17/03/2010 |
the DOCA has been completed, and the Administration has been terminated | 16/03/2010 |
the company has now complied with its obligations under the Deed of Company Arrangement and Pool Fund Deed executed by the company on 11 September 2009. The cash dividend distributions and share dividend distributions have now been made to all admitted creditors | 25/02/2010 |
the Annual General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Wednesday, 17 March 2010, at the Bounty offices at Suite 206, Level 2, 65 York Street, Sydney, NSW 2000 | 12/02/2010 |
the distribution from the Pool Fund to note holders will be made in the first quarter of 2010 | 15/01/2010 |
company has today issued shares to fund the Deed of Company Arrangement and working capital | 18/12/2009 |
Placement shares 151,120,000 ordinary shares issued on 18 December 2009 (issued under Share Placement) 100,623,354 shares issued on 18 December 2009 (issued to DOCA creditors) | 18/12/2009 |
Bounty Mining Ltd announced today that it has settled an action to compel the release of a charge over the assets of its subsidiary Bounty Equipment Leasing Pty Limited ("BEL") granted in 2004 by BEL in favour of Jam 2002 Pty Ltd in its capacity as trustee for certain investment noteholders | 15/12/2009 |
the Company advises that all resolutions put to the General Meeting of 20 November 2009 were passed on a show of hands | 20/11/2009 |
releases Statutory Accounts and Appendix 4E 30 June 2009 | 18/11/2009 |
the anticipated record date for determining entitlement to participate in the Rights Issue is therefore expected to be in mid December 2009. An updated timetable will be released when these issues have been finalised | 13/11/2009 |
a General Meeting of the Shareholders of Bounty Mining Limited will be convened at 11 am on Friday 20 November 2009, at the Bounty offices at Suite 206, Level 2, 65 York Street, Sydney, NSW 2000 | 15/10/2009 |
creditors resolve to execute a Deed of Company Arrangement | 10/09/2009 |
the Administrators have made a report available on the BRI Ferrier web site at www.briferrier.com.au | 03/09/2009 |
company releases first report to creditors - the trading companies continue to trade | 31/08/2009 |
shares suspended from quotation following the appointment of Martin Green and Peter Krejci of BRI Ferrier as administrators | 10/08/2009 |
name changed from Bounty Industries Limited | 10/12/2008 |
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As at June 2016: Worth checking the \"announcements\" on the company\'s website. | 28/06/2016 14:54:07 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Gary Cochrane | Chairman | 27/11/2007 |
| Eryl Baron | CFO, Company Secretary | 31/03/2005 |
| Julie McLellan | Independent Director | 04/04/2008 |
| Robert Stewart | Independent Director | 17/09/2009 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Natalie Forsyth-Stock | Independent Director | 26/08/2010 | 26/06/2013 |
Date of first appointment, title may have changed.
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