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ROTO-GRO INTERNATIONAL LIMITED (ASX.RGI)

ASX Announcements (courtesy of ASX)

20172018201920202021202220232024

ASX, Legal & CGT Status

SHARE PRICES

(updated at weekends)
Former (or subsequent) names

 

Shareholder links
Our website ranking of RGI: rating 3
(3 out of 5)
COMPANY WEBSITE:

 

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

Company details
ISIN: AU000000RGI7
Address: Level 5, 126 Phillip Street Sydney NSW 2000
Tel:  02 8072 1400 Fax: 02 8583 3040

Date first listed: 10/02/2017

Sector: Capital Goods
Activities: Distribution of automated rotary hydroponic garden system

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.

02/03/2024

delisted by ASX under Listing Rule 17.12

01/03/2024

we understand ASX removed the company from listing because it failed to lodge documents with ASX for a continuous period of one year after they were due

01/03/2024

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

31/01/2024

The company releases a notification of cessation of securities.

22/01/2024

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

31/10/2023

The company lodges its Quarterly Activities Report and Appendix 4C's.

28/09/2023

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

31/08/2023

The company lodges its Preliminary Final Report & Annual Report to shareholders.

31/08/2023

Following shareholder approval at the general meeting held on 3 November 2022, the consolidation of the securities of the company on the basis of one (1) security for every twenty (20) securities held is now complete.

14/11/2022

456,400 (9,128,000 pre 1 for 20 consolidation) listed options (ASX: RGIO) exercisable at $4.00 ($0.20 pre 1 for 20 consolidation) on or before 5.00pm (WST) on 11 November 2022 will expire today.

11/11/2022

The company releases its Constitution.

03/11/2022

The company releases the results of its general meeting.

03/11/2022

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

25/10/2022

The company's general meeting will be held at 10.00am (WST) on 3 November 2022 at Level 4, 16 Milligan Street PERTH WA 6000.

04/10/2022

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

26/09/2022

The company releases a notice of proposed issue of securities.

26/09/2022

The company releases a notice of proposed issue of securities.

21/09/2022

The Company has received firm commitmentsfrom professional and sophisticated investors pursuant to section 708 of the Corporations Act 2001 (Cth) to raise $51,389, via a single tranche placement of 51,388,919 fully paid ordinary shares in the Company at an issue price of $0.001 per share. Funds raised from the Placement will focus on the evaluation of new opportunities and reinstating the Company to the official list on the Australian Securities Exchange.

21/09/2022

Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Friday, 19 August 2022 would have its securities suspended from Official Quotation before the commencement of trading on Monday, 22 August 2022. The following entity has failed to pay to ASX Limited the annual listing fees for the year ending 30 June 2023, and each entity's securities are already suspended from 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 Friday, 26 August 2022 will be removed from the Official List with effect from the close of trading on Friday, 26 August 2022.

22/08/2022

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

29/07/2022

On May 31, 2022, the company's wholly-owned subsidiary, Roto-Gro World Wide (Canada) Inc., filed an assignment in bankruptcy pursuant to Canada's Bankruptcy and Insolvency Act. The assignment was precipitated by several factors including the Company's suspension of all inter-company transfers to RGWWC, which resulted from the cancellation of the funding negotiations between the Company and its corporate advisor. Rumanek & Company Ltd. has been appointed the trustee in bankruptcy for RGWWC.

01/06/2022

The company releases a response to ASX Aware Query.

04/05/2022

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

04/05/2022

During the final stages of such preparation, while liaising with the Company's auditors it became apparent that a write-down for the impairment loss for RGI's intangible assets would be required to be booked in the half-yearly report. The proposed write-down for the impairment loss together with the historically low share price and other factors (including the ongoing delayed deposit payment expected from Canniberia LDS) caused the Board to consider a revision to the going concern assumption in the draft half-yearly financial statements. In light of the Board's concerns, the Company began to investigate its options with the assistance of its professional advisors. Verity Greens Inc. has decided that it will not proceed with any agreements with the Company. Given the time and efforts invested by the Company to make the relationship with Verity Greens a success, the Board is disappointed by this development. EverBlu Capital Pty Ltd advised that RGI was well placed to raise capital to support it operationally through current market conditions.

21/04/2022

The company lodges its Appendix 4D and Half Year Report to 31 December 2021.

18/03/2022

The company releases a notification regarding unquoted securities.

11/03/2022

The company's securities will be suspended from official quotation from the commencement of trading today, 1 March 2022, following its failure to lodge the relevant periodic report by the due date.

01/03/2022

The suspension of trading in the securities of Roto-Gro International Limited will be lifted immediately, following the release of its response to ASX queries.

17/08/2021

The company issues a response to ASX further query.

17/08/2021

The company releases its response to ASX Query.

17/08/2021

The Company requests that the voluntary suspension continue until the earlier of the commencement of trading on Friday, 20 August 2021, or the Company releases an announcement in relation to the query from ASX.

17/08/2021

The company releases a notification of cessation of securities.

16/08/2021

The Company requests that the voluntary suspension continue until the earlier of the commencement of trading on Tuesday, 17 August 2021, or the Company releases an announcement in relation to the ASX query.

13/08/2021

The securities of Roto-Gro International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of RGI, pending its response to ASX queries.

11/08/2021

The suspension of trading in the securities of Roto-Gro International Limited will be lifted from the commencement of trading on Tuesday, 6 April 2021, following the release by RGI of an announcement regarding an acquisition transaction.

06/04/2021

The company is not proceeding with the proposed acquisition of 51% of the issued common shares in the capital stock of 420 Inc., formerly known as Medicinal Compassion Canni Farms Inc. at this time.

06/04/2021

The company request that its securities remain suspended until the close of trading on 6 April 2021 pending an announcement regarding an acquisition transaction.

29/03/2021

The company requests that its securities remain suspended until the close of trading on 29 March 2021 pending an announcement regarding an acquisition transaction.

22/03/2021

The securities of Roto-Gro International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of RGI, pending the release of an announcement regarding an acquisition transaction.

17/03/2021

The suspension of trading in the securities of Roto-Gro International Limited will be lifted from the commencement of trading today, Friday, 23 October 2020, following the release by RGI of an announcement regarding a purchase order from Canniberia LDA (Portugal) (Canniberia).

23/10/2020

Canniberia has advised the Company that its application for a pre-approval licence for a lawful cannabis cultivation licence Canniberia has advised the Company that its application for a pre-approval licence for a lawful cannabis cultivation licence is in the final stages of completion and is expected to be submitted to Infarmed, I.P. by 31 October 2020. The grant of the Pre-Licence is a condition precedent to the Agreement.

23/10/2020

The securities of Roto-Gro International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of RGI, pending the release of an announcement regarding a clarification announcement on the Canniberia licence approval process.

22/10/2020

The suspension of trading in the securities of Roto-Gro International Limited will be lifted immediately, following the release by RGI of an announcement regarding a capital raising.

24/04/2019

The company has received firm commitments from institutional and sophisticated investors for an oversubscribed $3,581,552 placement.

24/04/2019

The securities of Roto-Gro International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of RGI, pending the release of an announcement.

23/04/2019

The suspension of trading in the securities of Roto-Gro International Limited will be lifted immediately, following the release by RGI of an announcement.

29/10/2018

The company will acquire 100% of the issued share capital of Supra THC from Valens GroWorks Corp. Supra THC holds a Health Canada issued Dealer's License. Pursuant to the Cannabis Regulations Supra THC is permitted to conduct Standard Processing, Analytical Testing, Research, Production, Sale and Distribution of cannabis. Total consideration is CAD $11,000,000.00 with 80% being paid in the share capital of RotoGro and 20% paid in cash. Senior executive & consultants engaged to accelerate exploitation of the cannabis licence.

29/10/2018

The securities of Roto-Gro International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of RGI, pending the release of an announcement regarding a material acquisition.

26/10/2018

The suspension of trading in the securities of Roto-Gro International Limited will be lifted immediately, following the release by RGI of an announcement regarding material sales agreement with a perishable foods grower in Australia.

24/08/2018

RotoGro has entered into a Heads of Agreement to enter into a joint venture with Freshero Pty Ltd in the organic, fresh produce supply industry. Freshero will secure in-principal supply agreements with significant domestic and international wholesale customers for retail supermarkets. Freshero commits to order a minimum of 100 RotoGro rotational hydroponic garden systems upon completion of its due diligence and initial testing, and agreeing formal documentation. A formal agreement will include a commitment for 600 RotoGro rotational hydroponic garden Systems within 24 months. RotoGro shall receive a revenue based royalty, to be negotiated.

24/08/2018

The securities of Roto-Gro International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of RGI, pending the release of an announcement regarding a material sales agreement with a perishable foods grower in Australia.

22/08/2018

The suspension of trading in the securities of Roto-Gro International Limited will be lifted immediately, following the receipt of a response to an ASX Aware Query.

06/08/2018

The company releases an updated investor presentation.

06/08/2018

RotoGro World Wide (Canada) has signed a Share Purchase Agreement to acquire Roto-Gro Inc, which owns Roto-Gro IP Inc and Roto-Gro Technologies. RotoGro acquired the exclusive lawful cannabis rights from Roto-Gro Technologies Inc prior to RotoGro's IPO in 2017. The purchase of Roto-Gro Inc will give RotoGro ownership and control of exclusive rights to all orders and growing ownership opportunities in perishable foods, pharmaceuticals, nutraceuticals and all other growing purposes; and is in addition to the lawful cannabis rights.

06/08/2018

The company issues a response to ASX Query.

06/08/2018

To the extent the investor presentation released by the Company to the ASX's Market Announcements Platform on 24 July 2018 at 9.19am contained 10 year NPV and IRR, the Company acknowledges that it did not have a reasonable basis for these statements, and they are retracted. Investors should not rely upon the Forecasts as a basis for making an investment decision.

06/08/2018

Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.

06/08/2018

The company lodges its June 2018 Quarterly Report.

01/08/2018

The company lodges its Appendix 4C - quarterly.

01/08/2018

The securities of Roto-Gro International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement regarding a proposed acquisition.

31/07/2018

The suspension of trading in the securities of Roto-Gro International Limited will be lifted immediately, following the release by the Company of an announcement regarding a capital raising.

20/06/2018

The company has received firm commitments from institutional and sophisticated investors for a fully-subscribed $4.56M capital raise. A total of 12,000,000 new fully paid ordinary shares at $0.38 per share will be issued without shareholder approval with completion expected to occur in two tranches on or about 26 June 2018 and during July 2018.

20/06/2018

The securities of Roto-Gro International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement.

18/06/2018

listed entity carried for record purposes only

10/02/2017
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    Directors' on-market share transactions (last 5)

     

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    Directors & Executives (current)
    NAMETITLEDATE OF APPT
    Michael CarliNon Exec Chairman10/02/2017
    Karla MallonCFO30/04/2021
    Terry GardinerNon Exec Director01/07/2019
    Peter HatfullNon Exec Director19/04/2022
    Winton WilleseeCompany 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
    Michael Di TommasoExecutive Director, CEO01/07/201908/08/2022
    Leighton RichardsNon Exec Director19/10/202101/03/2022
    Matthew O'KaneNon Exec Director30/11/202019/10/2021
    Melanie LeydinCFO17/07/201912/04/2021
    Adam ClodeCEO01/07/201925/01/2021
    James MyersNon Exec Director01/07/201930/11/2020
    Michael SlaterNon Exec Director14/02/201728/02/2020
    Nathan LudeNon Exec Director28/02/201901/07/2019
    David PalumboNon Exec Director10/02/201701/07/2019
    Julian AtkinsonNon Exec Director05/02/201802/03/2019
    Stephen BrockhurstNon Exec Director10/02/201705/02/2018

    Date of first appointment, title may have changed.