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ASX Announcements (courtesy of ASX)


ASX, Legal & CGT Status
Former (or subsequent) names
PALACE RESOURCES LIMITED.16/09/201511/04/2016
TIKFORCE LTD28/08/201516/09/2015
PALACE RESOURCES LIMITED21/01/201328/08/2015
PADANG RESOURCES LIMITED06/12/201121/01/2013
Shareholder links


Advanced Share Registry Services
110 Stirling Hwy, Nedlands WA 6009
Tel : +61 8 9389 8033
Fax : +61 8 9262 3723
RegistryWebsite RegistryEmail

Company details
Address: Suite 2, 16 Ord Street, WEST PERTH, WA, AUSTRALIA, 6005
Tel:  (08) 9429 2900 Fax: (08) 9486 1011

Date first listed: 15/12/2006

Sector: Energy
Industry Group: XEJ
Activities: Exploration

name changed to TikForce Limited


The securities of TikForce Limited (formerly Palace Resources Limited) ("Company") will be reinstated to official quotation as from 10 am AEST on Tuesday, 12 April 2016 following the Company's compliance with listing rule 11.1.3 and chapters 1 and 2 of the ASX Listing Rules. 71,886,042 ordinary shares fully paid


Palace Resources Ltd is pleased to announce that it has closed the capital raising to complete the reverse takeover of TikForce Operations Pty Ltd after securing more than the minimum amount required.


The company lodges its half yearly report and accounts.


The company confirms that it has resolved to extend the closing date of its current supplementary prospectus offer. The new closing date for the Public Offer is 5:00PM (AWST) on 4 March 2016. The Company is extending the public offer closing date to allow time for existing shareholders and new shareholders to participate.


Palace Resources Ltd confirms that it has resolved to extend the closing date of its current supplementary prospectus offer. The new closing date for the Public Offer is 5:00PM (AWST) on 19 February 2016. The Company is extending the public offer closing date to allow time for existing shareholders and new shareholders to participate.


Regarding Palace Resources Ltd's options which expire on 28 February 2016, the Company has received notification from the ASX that it has been granted a waiver under ASX listing rule 6.24, Compliance with Timetables with regard to notification tooption holders of the forthcoming expiration of the options, in accordance with Appendix 6A point 6 and 6.1 in full.


Palace Resources (ASX:PZR) ("TikForce") is pleased to announce that TikForce Pty Ltd has advised of the formalisation of an alliance with Lloyd's of London (Lloyds). This agreement will provide insurance to clients of TikForce for legal disputes related to the verification of worker credentials.


Palace Resources Ltd advises that ASX Limited has granted a waiver from ASX Listing Rule 14.7 to the extent necessary to permit the Company to issue (on a post consolidation basis) the Transaction Securities later than 3 months after 12 August 2015, being the date of the shareholders meeting at which the issue of the Transaction Securities was approved.


The company issues a supplementary prospectus intended to be read with the prospectus dated 1 October 2015 issused by the company.


Palace Resources Limited refers to the prospectus dated 1 October 2015 and lodged with ASX on 2 October 2015. The Company advises that the board of directors of the Company has resolved to extend the closing date for the offer under the Prospectus to 8 February 2016. The Company intends to lodge a supplementary prospectus as soon as practicable which will vary the Offer in accordance with (and subject to) the ASIC Modification being sought by the Company.


The Board of Palace Resources Ltd announces that the ASX has granted a waiver under Listing Rule 14.7, allowing the Company further time to complete the issuing of shares to shareholders and the finalisation of escrow documents, as required before the re-quotation of shares, under the change of name to TikForce Ltd. The ASX states that the waiver is granted on the condition that the Transaction Securities are issued no later than 1 January 2016 and otherwise on the same terms as approved by shareholders on 12 August 2015 The Company anticipates fully closing the issue by Friday 18th December, although the waiver refers to the extended approval date to be 1 January 2016.


The company is pleased to announce that it has received binding commitments for a total capital raising of in excess of the minimal capital raising, $4.5 million in a placement of shares at $0.10 cents.


The company releases the results of its AGM.


Due to the timing issues, the Company has further sought a waiver from the ASX with respect to Listing Rule 14.7, seeking to extend the date by which the Public offer, Misto vendor offer, Min Trak vendor offer, Lead manager and Corporate advisor offer, Palace Resources creditors offer, Min Trak creditors offer and Converting note conversion offer could be issued. The waiver has been granted.


Palace Resources Ltd (to be known as TikForce Ltd) wishes to advise that Alpha Securities Pty Ltd , a market leader in producing research reports on ASX "Small to Mid "“ Cap Companies", has prepared a research paper on the Company and the prospectus that is currently available for subscription.


The company lodges its Quarterly Cashflow and Activity Report Sept 2015


Palace Resources Limited refers to its prospectus dated 1 October 2015 for an offer of 45,000,000 fully paid ordinary shares in the Company at an issue price of $0.10 each to raise a minimum of $4,500,000 before costs, with provision for oversubscriptions of up to an additional 20,000,000 Shares to raise up to a maximum of $6,500,000 before costs, among other offers of Palace securities being made as defined pursuant to the Prospectus. The Closing Date for the Public Offer and Other Offers under the Prospectus has been extended from 29 October 2015 to 11 November 2015.


Palace is pleased to announce that TikForce has entered into a commercial agreement with iSignthis Ltd (ASX: ISX) ("iSignthis") to provide TikForce clients with a fully automated, digital complementary alternative to the current manual service on offer.


Notice is given that the Annual General Meeting of Shareholders of Palace Resources Limited will be held at Suite 4 16 Ord St West Perth Western Australia on Wednesday 25 November 2015 commencing at 10:30AM WST.


The company provides additional shareholder information 30 June 2015.


The company issues a prospectus regarding Tikforce


The company lodges its Full Year Statutory Accounts 30 June 2015.


name changed from Tikforce Ltd

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    Directors' on-market share transactions (last 5)


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    Directors & Executives (current)
    Peter WoodsNon Exec Chairman11/07/2012
    Ian MurieNon Exec Director13/04/2011
    Roland BerzinsNon Exec Director, Company Secretary04/10/2005

    Date of first appointment, title may have changed.

    Directors & Executives (former)
    Guy Le PageNon Exec Director07/08/200910/03/2015
    Anthony ShortDirector09/09/200311/07/2012
    John JordanNon Exec Director23/12/201118/06/2012
    Nicholas ClarkManaging Director18/08/201123/12/2011

    Date of first appointment, title may have changed.