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16 September 2024
| Name: | KINGWEST RESOURCES LIMITED (KWR) |
| ISIN: | AU0000015471 |
| Date of Listing: | 24 August 2018 |
| Date of Delisting: | 30 May 2023 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 30 May 2023.Legal Status:
ACN: 624 972 185ABN: 58 624 972 185
Registration Date: 13 March 2018
Capital Gains Tax (CGT) Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. You will need to seek independent tax advice in relation to Capital Gains Tax or other tax matters but any other enquiries relating to your shareholding in the company should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
REGISTRY:
Automic Registry Pty Ltd
Level 5, 191 ST GEORGES TERRACE PERTH WA 6000
Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
RegistryWebsite RegistryEmail
delisted at entity's request under Listing Rule 17.11 | 30/05/2023 |
we understand in the merger of Kingwest and Brightstar Resources (BTR), Kingwest securityholders were issued 1 New BTR Share for every 0.38 KWR Shares and 1 New BTR Option for every 0.38 KWR Options | 30/05/2023 |
The share and option schemes of arrangement in relation to the merger of Kingwest and Brightstar Resources have today been implemented. All eligible Kingwest securityholders have today been issued: under the Share Scheme of Arrangement, 1 New BTR Share for every 0.38 KWR Shares held on the Record Date; and under the Option Scheme of Arrangement, 1 New BTR Option for every 0.38 KWR Options held on the Record Date. | 26/05/2023 |
The securities of Kingwest Resources Limited will be suspended from quotation at the close of trading on 19 May 2023 under Listing Rule 17.2, following lodgement of the Supreme Court of Western Australia orders with ASIC approving the scheme of arrangement by which Brightstar Resources Limited will acquire all of the issued shares in KWR. | 19/05/2023 |
listed entity carried for record purposes only | 24/08/2018 |
delisted at entity's request under Listing Rule 17.11 | 30/05/2023 |
we understand in the merger of Kingwest and Brightstar Resources (BTR), Kingwest securityholders were issued 1 New BTR Share for every 0.38 KWR Shares and 1 New BTR Option for every 0.38 KWR Options | 30/05/2023 |
The share and option schemes of arrangement in relation to the merger of Kingwest and Brightstar Resources have today been implemented. All eligible Kingwest securityholders have today been issued: under the Share Scheme of Arrangement, 1 New BTR Share for every 0.38 KWR Shares held on the Record Date; and under the Option Scheme of Arrangement, 1 New BTR Option for every 0.38 KWR Options held on the Record Date. | 26/05/2023 |
The securities of Kingwest Resources Limited will be suspended from quotation at the close of trading on 19 May 2023 under Listing Rule 17.2, following lodgement of the Supreme Court of Western Australia orders with ASIC approving the scheme of arrangement by which Brightstar Resources Limited will acquire all of the issued shares in KWR. | 19/05/2023 |
listed entity carried for record purposes only | 24/08/2018 |
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Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 17/01/2023 | Jonathan Downes | 1,428,000 | $0.035 | $49,980 | |
| 17/01/2023 | Gregory Bittar | 714,286 | $0.035 | $25,000 | |
| 06/08/2021 | Gregory Bittar | 300,000 | $0.072 | $21,565 | |
| 05/08/2021 | Adrian Byass | 200,000 | $0.075 | $15,000 | |
| 05/02/2021 | Jonathan Downes | 100,000 | $0.195 | $19,500 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Gregory Bittar | Executive Chairman | 01/07/2021 |
| Dean Vallve | COO | 16/01/2023 |
| Jonathan Downes | Non Exec Director | 26/11/2019 |
| Peter Landos | Non Exec Director | 02/05/2022 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Ashok Parekh | Non Exec Director | 02/05/2022 | 26/05/2023 |
| Ed Turner | CEO | 18/09/2019 | 15/09/2022 |
| Adrian Byass | Non Exec Director | 09/07/2019 | 23/05/2022 |
| Jonathan Price | Non Exec Director | 18/09/2019 | 02/05/2022 |
| Stephen Brockhurst | Non Exec Director, Company Secretary | 24/08/2018 | 15/06/2021 |
| Alex McCulloch | Non Exec Director | 09/02/2021 | 14/05/2021 |
| Stephen Woodham | Non Exec Director | 24/08/2018 | 26/11/2019 |
| Peter Bennetto | Non Exec Chairman | 24/08/2018 | 18/09/2019 |
Date of first appointment, title may have changed.
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