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GULF MANGANESE CORPORATION LIMITED (ASX.GMC)

ASX Announcements (courtesy of ASX)

20152016201720182019202020212022

ASX, Legal & CGT Status

SHARE PRICES

(updated at weekends)
Former (or subsequent) names
CompanyFROMTO
GULF MANGANESE CORPORATION LIMITED12/06/2015
GULF MINERALS CORPORATION LTD11/04/201412/06/2015
GULF MINES LIMITED11/04/2014
Shareholder links
Our website ranking of GMC: rating 5
(5 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Automic Group
Level 5, 191 ST GEORGES TERRACE PERTH WA 6000
Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
RegistryWebsite RegistryEmail

Company details
ISIN: AU000000GMC1
Address: T2, 152 Great Eastern Highway Ascot WA 6104
Tel:  +618 9367 0228 Fax: +618 9367 9229

Date first listed: 03/08/2007

Sector: Materials
Industry Group: XMJ
Activities: Mineral Processing

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.

01/08/2023

delisted by ASX under Listing Rule 17.12

11/03/2022

we understand ASX removed the company from listing because its securities have been suspended from quotation for a continuous period of two years

11/03/2022

The Company executed a Holding Deed of Company Arrangement on 13 January 2022 and Daniel Bredenkamp and Bryan Hughes were appointed Joint and Several Deed Administrators of the Company on that same day.

13/01/2022

The reconvened second meeting of creditors was held on Tuesday, 21 December 2021. At the meeting, creditors resolved that the Company execute a Recapitalisation Deed of Company Arrangement. The purpose of the Recapitalisation DOCA is to provide further time for the Administrators to: conduct further investigations into the Company's business, property and affairs to form an opinion on the likely outcome to creditors in the event the Company is wound up in liquidation; progress the Company's ongoing legal matters and/or progress the sale of the Company and its subsidiaries' assets; and explore the possibility of a restructure and recapitalisation of the Company which may provide a more beneficial outcome for stakeholders that from the immediate winding up of the Company. The Recapitalisation DOCA is required to be executed within 15 business days from the date of the reconvened second meeting of creditors.

22/12/2021

On 19 October 2021, the Joint and Several Administrators of the Company held the second meeting of creditors pursuant to section 439A of the Corporations Act 2001. At that meeting, creditors resolved to adjourn the meeting for a period of up to 45 business days. Accordingly, the second meeting of creditors will be reconvened on or before 21 December 2021.

20/10/2021

The administrators give notice that the company relies on the relief granted under the ASIC Corporations (Externally-Administered Bodies) Instrument 2015/251 to: Lodge its outstanding audit report for the financial year ending 30 June 2020 within one year of its due date (30 September 2021) or be automatically removed from the ASX's official list; Lodge its annual report for the financial year ending 30 June 2021 within three months after the end of the financial year under section 319 of the Corporations Act 2001 (Cth) (Act); and Send its annual reports to its shareholders within four months after the end of the financial year under sections 314 and 315 of the Act. The new date for the deferred obligations will be the date that is six months after the date the administrators were appointed being 10 March 2022. The Company intends to apply to relief from ASIC to extend the time to hold its 2021 AGM given its financial reporting obligations have been deferred.

30/09/2021

At approximately 9:00AM on 10 September 2021, the Board of Directors appointed Bryan Hughes and Daniel Bredenkamp of Pitcher Partners as Joint and Several Administrators of the Company pursuant to section 436A of the Corporations Act 2001.

10/09/2021

The company releases a notification of cessation of securities.

09/09/2021

The company has failed to pay to ASX Limited the annual listing fees for the year ending 30 June 2022, and the entity's securities are already suspended from quotation.

23/08/2021

The Company has today received a Creditor's Statutory Demand for Payment of a Debt in the amount of $60,327.26. The debt relates to the redemption of a redeemable convertible note of $50,000 issued by the Company, plus interest and legal costs. The Company has twenty-one days to reach an agreement to the satisfaction of the creditor to secure the debt or repay the debt. The Company will proactively engage with the creditor and endeavour to resolve the matter to the satisfaction of both parties. Since the onset of the COVID-19 pandemic, and due to financing challenges, the Kupang Smelting Hub Project has been placed on care and maintenance.

20/08/2021

The company lodges its June 2021 Quarterly Report & Appendix 5B.

02/08/2021

The company lodges its March 2021 Quarterly Report & Appendix 5B.

03/05/2021

Gulf notes the recent positive manganese market activity, including strong investor appetite for several ASX-listed manganese focused companies. As a result of these favourable market conditions and growing investor sentiment in the sector, Gulf has recently drawn a significant level of inbound enquiries from various strategic investment groups looking to increase their exposure to manganese. These inbound enquiries have assisted Gulf's recent pursuit of strategic funding initiatives to advance the company's premium quality manganese assets in Indonesia. The Indonesian government has extended the period for direct shipping ore shipments and removed any existing export limitations on tonnages. The company has reopened discussions with the owner of a high-grade manganese ore deposit located nearby to Gulf's existing operations. Gulf plans to enter into a production agreement with the local entity, allowing the company to establish a secure supply of high-grade manganese ore to support the company's DSO operations.

08/04/2021

Under Listing Rule 17.6, any entity (if not already suspended) that has not paid its annual listing fees by close of business on Friday, 19 February 2021 will have its securities suspended from official quotation before the commencement of trading on Monday, 22 February 2021. The company has not paid the second instalment of its annual listing fees in respect of the year ending 30 June 2021 but the securities are already suspended from official quotation.

22/02/2021

The company lodges its December 2020 Quarterly Report & Appendix 5B.

28/01/2021

The following unlisted options have expired: 25,000,000 unlisted options with an expiry of 31 December 2020 exercisable at $0.02 each; and 25,000,000 unlisted options with an expiry of 31 December 2020 exercisable at $0.03 each.

07/01/2021

The following performance rights have expired: 31,500,001 performance rights for Directors with an expiry date of 20 December 2020.

29/12/2020

The company lodges its September 2020 Quarterly Report & Appendix 5B.

02/11/2020

The company releases an Appendix 2A.

30/09/2020

The company submits its unaudited annual financial statements for the year ended 30 June 2020. Gulf is relying on the ASIC Relief to extend the lodgement date for its audited accounts and will immediately make a further announcement to the market if there is a material difference between its unaudited accounts and its audited accounts.

30/09/2020

The company lodges its June 2020 Quarterly Report & Appendix 5B.

03/08/2020

Placement to institutional investor, RiverFort Global Opportunities PCC Ltd to raise A$1,200,000 before costs at A$0.004 per share being a 20% discount to the last closing price and representing 300m shares. Funding facility will commence once the Company has demonstrated to the satisfaction of the ASX that it complies with Chapter 12 of the Listing Rules, with an initial injection of A$200,000 for immediate working capital with the remaining A$1,000,000 to be disbursed in monthly payments thereafter. "¢ Gulf has additionally placed about A$600,000 at A$0.004 per share to sophisticated investors and representing about 150m shares. Gulf has also issued convertible notes to sophisticated investors to raise a further A$500,000. Each note is convertible at A$0.004 with one free attaching option, subject to shareholder approval, at A$0.004 cents and a term of two years. Kupang Smelting Hub construction program on care and maintenance until further notice to preserve capital and allow for discussions with Indonesian partners to be completed.

03/08/2020

The continuing delays in closing the transaction with Glacier International Depository for the loan facility have caused the company considerable strain. The company is then pursuing other options to ensure the integrity of the company in the event that the transaction fails. The company had been undertaking a detailed review of its near and medium-term development plans. It has then made the prudent decision to reduce its cost base and keep its operations in Indonesia on care and maintenance whilst discussions regarding the future development of the Kupang Smelting Hub Facility are completed with PT JGI. Gulf has cut operating costs considerably, with measures including a freeze on Board remuneration since last year, reductions in staffing, wages and other costs, and of course cessation of travel, both international and domestic. Gulf will continue to operate on this basis for the foreseeable future. For near-term funding, the company has signed a share purchase agreement with RiverFort Global Opportunities PCC. Gulf Manganese Corporation and PT JTS are working to secure the value invested in the project once the restrictions of the pandemic are relieved. PT Gulf Mangan Group will be seeking an extension of the loan repayment date with PT Jayatama Global Investindo. Gulf requests the voluntary suspension of its securities remains in place until Gulf can demonstrate to the satisfaction of ASX it complies with Chapter 12 of the Listing Rules, which is expected to be by 31 August 2020.

20/07/2020

The finance facility continues to be frustrated by the coronavirus pandemic. Gulf requests the voluntary suspension of its securities remains in place until 30 June 2020. The anticipated closing date for the transaction will now be by the end of June 2020.

16/06/2020

Completion of the finance facility for completion of the company's ferromanganese processing hub at Kupang in West Timor continues to be frustrated by the coronavirus pandemic. UK's withdrawal from the EU Community has added further complications and delays to the finalisation of the loan facility. Gulf then requests the voluntary suspension of its securities remains in place until 16 June 2020. The anticipated closing date for the transaction will be by mid-June 2020.

01/06/2020

The company lodges its March 2020 Quarterly Report & Appendix 5B.

30/04/2020

Completion of the finance facility continues to be frustrated by the serious spread of coronavirus, with the resultant adverse impacts on all aspects of business, particularly in the UK and USA from where the funds are expected. Accordingly, Gulf requests the voluntary suspension of its securities remains in place until 29 May 2020. Gulf has been advised that the anticipated closing date for the transaction will now be by the end of May 2020.

30/04/2020

Gulf has previously executed term sheets for the establishment of a financing facility for completion of its ferromanganese processing hub at Kupang in West Timor. Completion of the finance facility has been frustrated, initially by the developments around Brexit, and now by the subsequent serious spread of coronavirus, with the resultant impacts on all aspects of business. Gulf requests the voluntary suspension of its securities remains in place until 30 April 2020. Gulf has been advised that the anticipated closing date for the transaction will now be by the end of April 2020.

01/04/2020

The company has previously announced that it has executed term sheets for the establishment of a financing facility for completion of its ferro-manganese processing hub at Kupang in West Timor. Completion of the finance facility has been frustrated by the developments around Brexit and the subsequent spread of coronavirus. Accordingly, Gulf requests the voluntary suspension of its securities remains in place until 31 March 2020. The anticipated closing date for the transaction will now be by the end of March 2020.

17/03/2020

The company lodges its Half Year Report - 31 December 2019.

16/03/2020

The company releases an Appendix 2A.

28/02/2020

The Company requests the voluntary suspension remain in place until the Company makes an announcement in relation to the expected finalisation of financing for completion of its ferromanganese processing hub at Kupang in West Timor, which we expect to make by 17 March 2020.

17/02/2020

First shipment of high-grade manganese ore (+49%) scheduled to be shipped from Sulawesi to Kupang later this month. Previous shipments planned for Q4 2019 were delayed due to contracted grade specifications not being met "“ new field control measures implemented by Gulf have since rectified this issue. NTT Ministry of Energy and Minerals Resources has advised that 16 IUP's remain formally approved to supply ore to Gulf's operations. Central Indonesian government remains extremely supportive of the Kupang Smelting Hub Project's development and is working closely with Gulf to ensure a steady and reliable supply pipeline of high-grade manganese ore is established. Gulf remains committed to delivering on its diversified ore procurement strategy which sources ore from approved NTT miners, neighbouring jurisdictions (such as Sulawesi and Sumbawa) and from Timor Leste with its investment in Iron Fortune.

10/02/2020

The securities of Gulf Manganese Corporation Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GMC, pending the release of an announcement regarding financing for the completion of its ferro-manganese processing hub at Kupang in West Timor.

10/02/2020

The suspension of trading in the securities of Gulf Manganese Corporation Limited will be lifted from the commencement of trading on Wednesday, 8 January 2020, following the release by GMC of an announcement regarding a loan facility.

08/01/2020

Gulf will now be fully funded to complete the construction and commissioning of first two smelters at Kupang Smelting Hub - funds expected to be received by the end of January 2020. Kupang Smelting Hub construction program to re-start immediately "“ expected timeframe for completion of first two smelters and pouring of first metal is Q3 2020. Gulf to accelerate high-grade manganese mining operations with Indonesian partners. Funding also enables Gulf to advance strategic joint venture with Iron Fortune "“ providing a first-mover manganese exploration opportunity in Timor Leste.

08/01/2020

The company requests the voluntary suspension remain in place until the company makes an announcement on the securing of finance for completion of its ferro-manganese processing hub at Kupang in West Timor, which is expected to be made no later than on 13th January 2020.

24/12/2019

The securities of Gulf Manganese Corporation Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GMC, pending the release of an announcement regarding securing of finance for completion of its ferro-manganese processing hub at Kupang in West Timor.

18/12/2019

The suspension of trading in the securities of Gulf Manganese Corporation Limited will be lifted immediately, following the release by GMC of an announcement regarding capital raising.

20/05/2019

The company has received strong support for a placement of new shares in the compnay to sophisticated investors. It has agreed to place 45,000,000 shares at an issue price of $0.007 to Acuity Capital for a total raise of $0.32 Million. This placement is made in accordance with the controlled placement agreement with Acuity Capital. The issue price of $0.007 represents a 6% premium to the 15 day VWAP.

17/05/2019

The company's Indonesian subsidiary PT Gulf Mangan Grup has received final ratification and formal receipt of its direct shipping ore licence from the Ministry of Trade which follows the related approval for the DSO last week from the Ministry of Energy and Mineral Resources. The company requests that the voluntary suspension remain in place until the company makes an announcement regarding its capital raising which is expected to be made no later than the 17th May 2019.

15/05/2019

The securities of Gulf Manganese Corporation Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GMC, pending the release of an announcement.

14/05/2019

The suspension of trading in the securities of Gulf Manganese Corporation Limited ("˜GMC') will be lifted immediately, following the release by GMC of an announcement regarding the restructure of a convertible note

02/01/2019

The Company announces Litigation Settlement and Update on Cornerstone Investment

24/12/2018

The company releases an Investor Presentation.

29/11/2018

The company releases the Annual General Meeting Results.

19/11/2018

The company releases the Gulf AGM Corporate Presentation.

19/11/2018

The company has had meaningful meetings with PT Jayatama Global Investindo in respect to restructuring its debt facility and investments in Gulf and PT Gulf Mangan Grup and extending the maturity date of the Convertible Note Agreement entered into by GMG and PT Jayatama Global Investindo on 9 March 2018. The agreed-upon maturity date will be extended to 21 December 2018. The Company will make an announcement in respect to the other aspects once they are finalized and expects this to be no later than 14 December 2018. The Indonesian Ministry of Energy and Mineral Resources advises the company that the mining moratorium has been effective from 14 November 2018, valid for one year only, and this official decree should be released to the public shortly. Good progress has been made towards obtaining a licence to export manganese concentrate with a report due shortly from PT Surveyor Indonesia following its site visit, confirming GMG's construction status.

19/11/2018

The company lodges its September 2018 Quarterly Activites Report and App 5B.

31/10/2018

The company releases its 2018 Appendix 4G and Corporate Governance Statement.

31/10/2018

The company lodges its 2018 Annual Report.

31/10/2018

The company is still currently working with PT Jayatama Global Investindo in respect to finalising discussions regarding an extension to the maturity date of the Convertible Note Agreement entered into by PT Gulf Mangan Grup and PT Jayatama Global Investindo on 9 March 2018. The Company will make an announcement in respect to this matter once it is finalised and expects this to be no later than 19 November 2018. The Company requests that the voluntary suspension from trading remains in place until an announcement regarding the completion of the Conditions Precedent and subsequent conversion of convertible notes to equity, or an extension to the Maturity Date is made.

26/10/2018

The company releases a notice of AGM. The meeting will be held at 10.00am (WST) on 19 November 2018 at CWA House, 1176 Hay Street, West Perth 6005, Western Australia.

19/10/2018

In light of the uncertainty created by the recent statement of the new Governor of the Province of East Nusa Tenggara in relation to a moratorium on all mining activities in the province, Bapak Dato Dr Low Tuck Kwong has notified Gulf that he will not be proceeding with the proposed A$10.8m cornerstone investment at this point in time, but has advised that he would be open to revisit the investment proposal in the future. As the proposed investment was subject to shareholder approval, the Company will not be seeking to convene a meeting of its shareholders for this purpose at this time.

17/10/2018

The securities of Gulf Manganese Corporation Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GMC, pending the release of an announcement regarding an extension of the maturity date of the Convertible Note Agreement

17/10/2018

The suspension of trading in the securities of Gulf Manganese Corporation Limited will be lifted at the commencement of trading on Thursday 29 June 2017.

28/06/2017

Following the closure of the company's capital raising, 466,666,671 new shares and 700,000,005 listed options have now been allotted raising $7 million. 100 convertible notes have been issued for $1 million.

28/06/2017

The company has raised $7 million through a combination of a share placement of 466,666,667 shares at $0.015 per share with free attaching 3 for 2 Listed Options (GMCO) exercisable at 0.5 cents each expiring 21 April 2019. Binding commitments are also in place for a $1 million convertible note and commitments to raise additional $4 million on the same terms as under the prospectus to complete the $12 million raise. The Company anticipates receipt of funds from the convertible note to occur on or before 26 June 2017. The additional $4 million is to be received by the Company by no later than the end of September 2017.

23/06/2017

The company releases a supplementary prospectus intended to be read with the prospectus dated 15 June 2017.

23/06/2017

The ground blessing ceremony was successfully completed at the Kupang Smelting Hub site in the Bolok Industrial Estate this week.

22/06/2017

The capital raising is progressing well and is expected to close shortly. Gulf also wishes to advise that it has entered into binding agreements with new high net worth cornerstone investors to take up the Tanah Capital allocation and expects to be in a position to announce the completion of the capital raising shortly.

22/06/2017

The company lodges a prospectus for the offer of up to 800,000,000 New Shares at an issue price of $0.015 to raise up to $12 million before issue costs with 3 free attaching New Options for every 2 New Shares issued, exercisable at $0.005 each, expiring on 21 April 2019. This is also a compliance prospectus for the issue of 5,000 New Shares to selected investors at an issue price of $0.015 per Share to raise $75 before issue to facilitate secondary trading of the New Shares and New Options issued by the Company.

15/06/2017

The capital raising at a price of 1.5 cents per share with free attaching 3 for 2 Listed Options (GMCO) exercisable at 0.5 cents each expiring 21 April 2019 is progressing well and expected to close shortly. Also, BB Lee Superfund is satisfied with the conditions precedent included in the subscription agreement entered with Gulf on 7 April 2017. Tanah Capital is currently reviewing the conditions and will advise the company if Tanah Capital is satisfied with them.

14/06/2017

PT Gulf Manganese, the company's subsidiary, has signed a binding Land Lease Agreement with the Government of East Nusa Tenggara Province for the construction of a manganese smelting hub in the Bolok Industrial Estate in Kupang.

01/06/2017

The company releases the results of its meeting.

22/05/2017

The company lodges its Quarterly Cashflow Report.

01/05/2017

The company lodges its Quarterly Activities Report.

01/05/2017

The company releases an Investor Presentation.

20/04/2017

The Company has issued 204,600,000 ordinary shares at $0.005 per share raising total proceeds of A$1,023,000 as announced on the 10th April 2017. The shares were issued to sophisticated investors utilising the 15% investment facility. A Notice of General Meeting to approve Capital Raising of a minimum of A$6,000,000 with a maximum of up to A$12,000,000 was also released. The Meeting will be held at 10.00 am (WST) on Monday, 22 May 2017 at: CWA House 1176 Hay Street West Perth WA 6005. Also, the Company's securities will remain in voluntary suspension until the completion of the Capital Raising.

19/04/2017

The company has completed a share placement to sophisticated investors of 204,600,000 ordinary shares at $0.005 per share raising total proceeds of A$1,023,000. The Company intends to issue the Shares under the Placement on Thursday, 13 April 2017. Funding provides the stability to advance development of Kupang Smelting Hub Facility.

10/04/2017

Gulf Manganese Corporation Limited is pleased to advise that discussions with sophisticated investors regarding the finalisation of a Share Placement are progressing positively, with terms expected to be finalised this week. Upon completion of the Placement, funds will be used for working capital purposes and to finalise the refurbishment of the Company's first two smelting furnaces in preparation for their shipment from South Africa to Kupang. The Board looks forward to providing shareholders with further details on the Placement and expects no later than on Friday, 7th April 2017.

03/04/2017

The requirement for the Company to provide to ASX an undertaking not to issue any equity securities without security holder notification until 14 February 2017 has been lifted.

31/03/2017

The company is still in discussions with sophisticated investors regarding a placement. The Company will make an announcement in respect to this capital raising once it is finalised and expects this to be no later than Monday, 3rd April 2017.

27/03/2017

The company is still currently in discussions with sophisticated investors regarding a placement.The Company will make an announcement in respect to this capital raising once it is finalised and expects this to be no later than Monday, 27th March 2017. The Company requests the voluntary suspension remain in place until the alternate funding has been finalised and secured.

20/03/2017

The company lodges its Half Yearly Report and Accounts.

16/03/2017

The company is still currently in discussions with sophisticated investors regarding a placement. The company expects to make an announcement with respect to the capital raising no later than 20 March 2017.

10/03/2017

The discussions regarding the Kupang Project have progressed positively, with the capital raising to be finalised shortly. Also, a deposit of USD$250,000 has been paid to Transalloys to secure the first two ferromanganese smelting furnaces for the Kupang Smelting Hub Project, the funding of which was made through a short-term loan of A$350,000 received from Tanah Capital. The company also provides the itemized associated costs related to the construction of th initial two smelters of the Kupang Project. Additionally, management has recently held meetings with Indonesian Government power company, PLTU, regarding the powering of the Kupang Smelting Hub through its construction, commissioning and production phases. Lastly, the company wishes to advise that Pak Marthen as been removed as President Commissioner of PT Gulf Mangan Group.

09/03/2017

THe company is still in discussions with sophisticated investors regarding a placement. Gulf management are currently on site undertaking due diligence with sophisticated investors. The Company will make an announcement in respect to this capital raising once it is finalised and expects this to be no later than on Friday, 10th March 2017. The Company requests the voluntary suspension remain in place until the alternate funding has been finalised and secured.

03/03/2017

THe company is actively progressing discussions with sophisticated investors regarding the undertaking of a share placement. The company will make an announcement in relation to the placement no later than Friday 3 March 2017. The company requests that the voluntary suspension remiain in place until the alternative funding has been finalised and secured.

24/02/2017

The company advises that the company has terminated the binding agreement with Marthen Amtiran to invest US$10 million for 10% equity in PT Gulf Mangan Grup, which also included a 12-month option to invest a further US$10 million for an additional 10% equity.

20/02/2017

The company issues a response to ASX Aware Letter.

16/02/2017

Pak Marthen is still in discussion with the Company and has told us that he is still interested in investing in PT Gulf Mangan Grup. The Company has decided to extend the deadline to 18th February 2017 for Pak Marthen to deposit the funds. The Company requests the voluntary suspension remain in place until either the funds have been deposited by Pak Marthen or an alternative funding has been secured. The Company anticipates to make an update announcement to the market on Friday, 24th February 2017.

16/02/2017

The timetable in relation to the binding term sheet with Pak Marthen has now passed and a counter offer on substantially different terms has been proposed by Pak Marthen. This proposal is in the process of being evaluated by the board. The company requests the voluntary suspension remain in place until the company makes an announcement to the market, which it expects to make no later than on Thursday, 16 February 2017.

01/02/2017

The company lodges its Quarterly Cashflow Report.

01/02/2017

The company lodges its Quarterly Activities Report.

01/02/2017

The company provides an update on recent operational developments, including the appointment of an operations manager for the Kupang Smelting Hub and the appointment of XRAM Technologies as EPCM contractor for the constructor of the Hub.

23/01/2017

Gulf Manganese Corporation Limited advises that Marthen Amtiran's investment of US$10 million for 10% equity in PT Gulf Mangan Grup is yet to be completed. The Company apologises for the delay on the completion and, with the public holidays over the Christmas and New Year period, expects the funding to be received in January 2017. The Company requests the voluntary suspension remain in place until the Company makes an announcement to the market confirming the receipt of the funds.

28/12/2016

The securities of Gulf Manganese Corporation Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement regarding the cornerstone investment.

13/12/2016

The suspension of trading in the securities of Gulf Manganese Limited (the "Company") will be lifted immediately, following receipt of an announcement and the response to ASX's query letter.

15/08/2016

The company issues a response to ASX query.

15/08/2016

The company advises that it has received a Certificate of Deposit for US$200,000 from Marthen Amitran, following the signing of a term sheet on the 5th August. Under the term sheet, the proposed cornerstone investment from Pak Marthen is US$10 million for 10% equity in Gulf's Indonesian-based subsidiary PT Gulf Mangan Grup - including a six month option to invest a further US$7 million. The remaining funds, being US$9,800,000 will be deposited within seven days of the granting of relevant permits and licenses to operate the Kupang Smelting Hub. This initial deposit demonstrates Pak Marthen's commitment to fund the development of the Kupang Smelting Hub.

15/08/2016

The company releases an investor presentation.

10/08/2016

The securities of Gulf Manganese Corporation Limited (the "Company") will be suspended from official quotation immediately by ASX Limited pursuant to listing rule 17.3.

09/08/2016

The suspension of trading in the securities of Gulf Manganese Corporation Limited will be lifted immediately following the release of an announcement regarding a capital raising. Security Code: GMC

03/12/2015

Gulf Manganese Corporation Limited (ASX:GMC) is pleased to advise that the Company has raised $1.125 million from the placement of 75,000,000 shares and 37,500,000 options, which were approved at the General Meeting on 2nd October.

03/12/2015

Gulf Manganese Corporation Limited (ASX:GMC) is pleased to confirm that at today's Annual General Meeting all resolutions contained in the Notice of Meeting were passed on a show of hands.

27/11/2015

The company releases its AGM presentation.

27/11/2015

The company issues a prospectus for the issue of: up to 75,000,000 Shares at an issue price of 1.5 cents per Share together with up to 37,500,000 Options on the basis of one (1) Option for every two (2) Shares issued, to raise up to $1,125,000 (Placement); and up to 20,000,000 Shares at an issue price of 1.5 cents per Share together with up to 10,000,000 Options to contractors and suppliers of the Company in satisfaction of outstanding fees.

20/11/2015

Gulf Manganese Corporation Limited (ACN 059 954 317) (Company), hereby gives notice to shareholders of the Company that, in relation to the Notice of Annual General Meeting dated 27 October 2015 (Notice of Meeting) in respect of a general meeting of members the Directors have determined to amend the terms and conditions of Options to be issued pursuant to Resolutions 6 and 7, and accordingly, to amend the information contained in Schedules 2 and 5 of the Notice of Meeting provided to Shareholders as set out in this Addendum to the Notice of Meeting.

20/11/2015

The company lodges its annual report.

30/10/2015

The company lodges its quarterly cash flow report.

29/10/2015

The company lodges its quarterly activities report.

29/10/2015

Notice is given that the Annual General Meeting will be held at 1.00 pm (WST) on 27 November 2015 at: Level 2, 78 Mill Point Road South Perth Western Australia

28/10/2015

The company lodges its annual financial report for the year ended 30 June 2015.        

26/10/2015

Gulf Manganese Corporation Limited (ASX:GMC) is pleased to advise shareholders of a Review of Manganese Prospects and Deposits in Indonesia study conducted for the company by the world renowned SRK Geological Consulting group. The study was a geological assessment of manganese (Mn) deposits in Indonesia that could supply ores matching the specific requirements of the proposed ferromanganese alloy smelter business of the company at Kupang, West Timor, Indonesia.

13/10/2015

Gulf Manganese Corporation Limited (ASX:GMC) is pleased to confirm that at today's General Meeting all resolutions contained in the Notice of Meeting were passed on a show of hands.

02/10/2015

The company lodges its annual financial report for the year ended 30 June 2015.

30/09/2015

Gulf Manganese Corporation Limited (ASX:GMC) is pleased to advise shareholders that the Company's proposed 53 hectare block of land, in the industrial area of the Kupang Regency, West Timor, has been officially measured and issued with a Field Map reference catalogue number as the first step to receiving a Certificate of Title for Building Construction (Hak Guna Bangunan "“HGB) from the Indonesian National Land Agency (BPN).

29/09/2015

Gulf Manganese Corporation Limited (ASX:GMC) is pleased to advise shareholders the Company has received its Principle Licence for Foreign Investment from the Indonesian Investment Coordinating Board (BKPM).

15/09/2015

Gulf Manganese Corporation Limited (ASX:GMC) is pleased to advise shareholders the Company has been approved by AusIndustry (an Australian regulatory Government agency) for a Research and Development (R&D) Tax Incentive claim for the 2014 financial year for the design and construction of a 6 MVA pilot plant facility for the production of manganese alloy. The estimated total capital cost of the project is $12,442,790 with the company receiving the first year's claim from the Australian Taxation Office (ATO) of $139,096.

04/09/2015

Gulf Manganese Corporation Limited (ASX: GMC) wishes to advise shareholders the company is calling a General Meeting to seek Shareholder approval to issue up to 75,000,000 new Shares at 1.5 cents (a 50% discount to the 30 days' Volume Weighted Average Price) to unrelated third parties and a general offer to existing Shareholders to raise up to $1,125,000 with a free attaching Option on a 1 for 2 basis (total of up to 37,500,000 Options). The Options will be granted with an exercise price of 5 cents each and expire on the 30th September 2017.

28/08/2015

The following entity (Gulf Manganese Corporation Limited) has not paid their annual listing fees in respect of the year ending 30 June 2016 but the securities are already suspended from official quotation. Under listing rule 17.15, any entity that has not paid its annual listing fees as required by listing rule 16.5 by 5.00 pm AEST on Monday 31 August 2015 will be removed from the official list with effect from the close of trading on Monday 31 August 2015

25/08/2015

The company lodges its quarterly cash flow report,

31/07/2015

The company lodges its quarterly activities report.

31/07/2015

The securities of Gulf Manganese Corporation Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: GMC

31/07/2015

name changed from Gulf Minerals Corporation Ltd

12/06/2015
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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    23/08/2019Hamish Bohannan2,000,000$0.006$12,000
    09/07/2019Hamish Bohannan11,694,407$0.006$70,166
    26/06/2019Hamish Bohannan31,938,926$0.006$199,634
    12/04/2019Andrew Wilson3,000,000$0.006$18,000
    22/02/2019Hamish Bohannan625,000$0.008$5,121

    Click here for the last 20 transactions all companies

    Directors & Executives (current)
    NAMETITLEDATE OF APPT
    Craig MunroNon Exec Chairman02/02/2016
    Hamish BohannanManaging Director, CEO28/10/2015
    Robert IeraceCFO01/10/2018
    John WoodacreDirector28/01/2021
    Ian GregoryCompany Secretary

    Date of first appointment, title may have changed.

    SPECIAL NOTE: During May 2024 we are working to remove duplications in the Company Secretary role.

    Directors & Executives (former)
    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Tan Hwa PohExecutive Director20/11/201822/09/2020
    Andrew WilsonNon Exec Director18/02/201628/02/2020
    Sam Boon Beng LeeNon Exec Director21/07/201820/11/2018
    Leonard MathCFO28/01/201501/10/2018
    Paul O'ShaughnessyNon Exec Director12/08/201429/07/2016
    Peter WilliamsNon Exec Director12/09/201318/02/2016
    Michael WaltersNon Exec Director02/10/201302/02/2016
    Graham AndersonExecutive Chairman06/05/201422/07/2015
    Bruce MorrinExecutive Director, CEO21/07/201407/04/2015
    Piers LewisCFO12/11/201328/01/2015
    Victor WuDirector29/11/201011/07/2014
    Peter RemtaExecutive Director30/08/201012/03/2014
    Peter SmithNon Exec Director06/10/200505/11/2013
    John MannixDirector26/08/201001/12/2010
    Roy PayneNon Exec Chairman29/08/2010
    Graham ReveleighManaging Director31/05/199329/08/2010

    Date of first appointment, title may have changed.