TROY RESOURCES LIMITED (ASX.TRY)

delisted by ASX under Listing Rule 17.12

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

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.

On 5 June 2023, the Company was advised by the directors of Troy Resources Guyana Inc that an administrator had been appointed to TRGI. This was confirmed by the administrator on 12 June 2023. The directors of TRGI (none of whom are directors of Troy) decided to appoint an administrator due to the financial status of TRGI "“ specifically, its inability to continue to fund both ongoing corporate and care and maintenance costs. The result of this is that Troy has become a very different company to what it was previously. The Company's main assets are residual cash and certain mining rights held by the Company in Brazil "“ specifically, 802.913/1978 and 810.354/1976 "“ which are known to host iron ore minerals. The mining rights are the subject of a definitive agreement for their proposed lease and assignment to a Brazilian company, PST Empreendimentos e Participacoes Ltda. The contract continues on foot. The amount TRY may receive from the transaction is not certain as the transaction will most likely crystallise tax liabilities owed to the Brazil government.

Further to the request on 30 November 2022 for the securities of Troy Resources Limited are to remain in voluntary suspension until all the following occurs: the completion of the recapitalisation actions as described in the Company's Notice of General Meeting, dated 23 June 2022; and satisfaction of all reinstatement conditions as described in the Company's Notice of General Meeting, dated 23 June 2022; the lodgement of all outstanding documents (including the most recent annual report) or if all the above events occur before 30 June 2023.

The company releases a notification of cessation of securities.

The Earn-In Agreement with Barrick Corporation has been terminated with effect from 25 December 2022 due to exploration findings within the Potaro and Apanachi areas which are not significant enough to warrant further exploration by Barrick nor progressing to a Feasibility Study.

The Company requests that the voluntary suspension be extended until the earlier of the completion of the recapitalisation actions as described in the Company's Notice of General Meeting, dated 23 June 2022, Section 2.9 and 31 January 2023.

Barrick Gold Corporation has provided Troy with its Quarterly Progress Report for Second Quarter 2022 pursuant to the 30 June 2021 Karouni Earn-in Agreement (Agreement), as well as an Expenditure Statement. The project area subject to the Agreement, referred to by Barrick as the Makapa project, covers a fertile structural corridor known as the Makapa Kuribrong Shear Zone (MKSZ), a segment of a 1,000 kilometres long shield-scale corridor that has not previously been explored in the project area, noting that post-mineral sand cover masks the underlying mineral potential.

The company's AGM will no longer be held on 17 November 2022. A revised date for the company's AGM will be announced in due course.

The company requests that the voluntary suspension of its securities be extended until the earlier of the completion of the recapitalisation actions.

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

The company releases a notification of cessation of securities.

The company's AGM will be held on 17 November 2022.

The company hereby requests that the voluntary suspension be extended until the earlier of the completion of the recapitalisation actions.

The company releases an application for quotation of securities.

The non-renounceable prorata entitlement offer under the Company's prospectus dated 1 August 2022 has completed. The Entitlement Offer closed at 5:00pm (AWST) on Thursday, 8 September 2022. The Company received applications for 419,650,218 Shares from eligible shareholders under the Entitlement Offer and Shortfall Offer, for an aggregate subscription amount of approximately A$9.2 million (before costs). The remaining shortfall from the Entitlement Offer is 1,279,969,917 Shares or A$28.2 million. The Company is pleased to confirm that it has received a subscription for 36,363,637 New Shares available under the Remaining Shortfall to raise A$800,000. The Company will pay a fee for the Shortfall Subscription of A$200,000 to be paid via the issue of 9,090,910 Shares at a deemed issue price of A$0.022. The Company intends to complete the remainder of its recapitalisation transactions (which were approved by Shareholders at the Company's general meeting held on Monday, 25 July 2022), being the completion of RiverFort's tranche 2 subscription of $300,000 and drawdown of the $2,000,000 convertible note.

The company issues a supplementary prospectus.

Troy has appointed BDO Audit as the Company's Auditor with effect from 25 July 2022. This appointment follows the resignation of PricewaterhouseCoopers along with ASIC's consent.

The company releases an updated notice of proposed issue of securities.

The company issues a second supplementary prospectus, which details the change in the indicative timetable.

The company releases a prospectus and supplementary prospectus on the non-renounceable pro-rata entitlement offer. The entitlement offer opens today and closes at 5.00pm (AWST) on Thursday 18 August 2022.

The company releases a notice of proposed issue of securities.

The company releases a revised timetable for the non-renounceable pro-rata entitlement prospectus dated 1 August 2022.

The company releases a third supplementary prospectus.

The prospectus for the nonrenounceable pro-rata entitlement issue announced as part of the Company's recapitalisation plans on 5 January 2022 has been lodged with the Australian Securities and Investments Commission.

The timetable that was included in the e Company's Notice of General Meeting dated 24 June 2022 regarding the planned nonrenounceable Pro-Rate Entitlement Issue is no longer valid.

The company releases a notification regarding unquoted securities.

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

The company releases the following: results of Meeting 2021 AGM and results of 2022 General Meeting.

The company releases the following: Chairman's Address and Managing Director Presentation.

The following resolution, which was to be put to shareholders at the Company's Annual General Meeting scheduled for 9.00am (WST) on 25 July 2022, has been withdrawn and will not be put to the meeting: Resolution 11 "“ Modification of Constitution.

The company lodges its Jun 22 Quarterly Report and Appendix 4C.

The company releases a notification of cessation of securities.

The company releases an application for quotation of securities.

The company releases a letter to its shareholders in relation to the notices of meeting previously lodged. Shareholders are encouraged to vote in favour of all resolutions.

The company requests that its securities remain in voluntary suspension until the earlier of the completion of the actions and the 14th of September 2022.

The company releases a letter to its shareholders regarding its general meeting which will be held at 10.00am (WST) on Monday 25 July 2022 at its offices, Level 2, 5 Ord Street, West Perth WA 6005, immediately following its Annual General Meeting for the year ended 30 June 2021.

The company releases a letter to its shareholders regarding its AGM, which will be held at 9.00am (WST) on Monday 25 July 2022 at its offices, Level 2, 5 Ord Street, West Perth WA 6005.

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

The company lodges its 20220620 Barrick Earn-In Quarterly Report.

The company releases a notice of proposed issue of securities.

The company releases a notification of cessation of securities.

The definitive agreement between Troy and PST has now been entered into. The definitive agreement is largely on the same terms and conditions as the binding letter of intent.

The company releases a notification of cessation of securities.

The company lodges its Mar 22 Quarterly Report and Appendix 4C.

The company has signed a binding letter of intent for the proposed lease and assignment of certain mining rights held by the company in Brazil - "“ specifically, 802.913/1978 and 810.354/1976 "“ which are known to host iron ore minerals. The counter party, PST Empreendimentos e Participacoes Ltda, a Brazilian company, will pay Reinarda Mineracao Ltda, a wholly owned subsidiary of Troy the amount of US$4 million. Troy and PST now have 30 days to complete a definitive agreement.

The company lodges its Half Yearly Report and Accounts 31 December 2021.

The company lodges the following: Appendix 4E June 2021, June 2021 Annual Report to Shareholders, 2021 Corporate Governance Statement, Appendix 4G and Half Yearly Report.

Troy anticipates that the voluntary suspension will be lifted on the earlier of the commencement of normal trading on 30 June 2022 or when its full form prospectus is released.

The renounceable rights issue intended to commence with an Ex date of 14 April 2022 is withdrawn. This renounceable rights issue will only proceed if shareholders approve the recapitalisation transactions at a shareholders meeting expected to occur late May 2022.

The company releases a notification regarding unquoted securities.

The company's AGM will no longer be held on 28 March 2022 as previously stated due to delays in releasing both its 2021 Annual Report and 31 December 2021 Half Year Report. It is anticipated that these will be released mid to late March 2022.

Exploservice has agreed to the conversion of a further US$2 million of debt to equity at the same issue price. Exploservice will now convert debt in the amount of approximately $7.1 million into approximately 323 million Shares. It is currently anticipated that the Annual Report will be lodged with the ASX mid-February 2022 and that the Notice of Meeting in respect of the recapitalisation will be dispatched towards the end of February 2022.

The company's 2021 AGM will be held virtually on 28 March 2022. The closing date for receipt of nominations from persons wishing to be considered for election as a director is 7 February 2022, being 35 business days before the date of the AGM.

The company lodges its Dec 21 Quarterly Report and Appendix 4C.

The company lodges its Sep 21 Quarterly Activities Report & Appendix 4C.

The company releases a notification of cessation of securities.

The following class of unquoted securities expired unexercised on 16 January 2022: TRYAA: options expiring 16 January 2022: 6,000,000.

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

The company releases a notice of proposed issue of securities.

The company releases a notice of proposed issue of securities.

The Company entered into a series of agreements that will, if approved by shareholders, achieve a recapitalisation of the Company. Troy is engaging with ASX to satisfy ASX's requirements to enable its shares to recommence trading on the ASX. Through these proposed transactions, Troy would convert approximately A$18.7 million of current debt to equity and raise new funds of approximately A$7.2 million. The Company is intending to offer all shareholders an opportunity to participate in a 1 for 1 rights issue at the same price as the placement. All new fully paid ordinary shares in the capital of the Company o be issued have been priced at A$0.022 per Share.

Troy anticipates that the voluntary suspension will be lifted on the earlier of the commencement of normal trading on 14 April 2022 or when its full form prospectus is released.

The company's AGM will no longer be held on Monday 15 November 2021. A revised date for the Company's Annual General Meeting will be announced in due course.

Troy anticipates that the voluntary suspension will be lifted on the earlier of the commencement of normal trading on 15 December 2021 or when an announcement of its financial position is released.

Mr Beazley is to be paid an hourly rate of $300.00 through Altair Mining Consultancy.

The company's AGM will be held on Monday 15 November 2021 as a virtual online meeting. Details of how Shareholders can access the AGM will be released with the AGM Notice of Meeting. The closing date for receipt of nominations from persons wishing to be considered for election as a director is Monday, 27 September 2021, being 35 business days before the date of the AGM.

Troy anticipates that the voluntary suspension will be lifted on the earlier of the commencement of normal trading on 13 October 2021 or when an announcement of its financial position is released.

Troy anticipates that the voluntary suspension will be lifted on the earlier of the commencement of normal trading on 15 September 2021 or when an announcement of its financial position is released.

The securities of Troy Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of TRY, pending the release of an announcement.

The suspension of trading in the securities of Troy Resources Limited will be lifted immediately following the release by TRY of an announcement regarding TRY's operational activities at the Karouni Gold Mine in Guyana.

All matters required to be finalised for the restart of operations at the Karouni Gold Mine in Guyana, including financing and working capital required for the restart, have now been put into place. The company has made a placement of 40 million fully paid ordinary shares at a price of 10 cents per share. The company has also signed a term sheet for the provision of a gold loan from Asian Management Investment Services. The facility is for the amount of 5,200 ounces of gold and is available in one or more tranches as required by the company. The facility has a term of 12 months with a bullet repayment, though early repayment is permitted. Together, this provides total funding of approximately A$15 million, supplementing the company's remaining cash reservecs, and will be used for the purposes of restarting operations at the Karouni Gold Mine in Guyana. With funding now secured, the board has formally approved the recommencement of operations at the Karouni Gold Mine.

It is anticipated that the voluntary suspension will continue until 10 January 2020 or the release of an announcement in relation the company's operational activities at the Karouni Gold Mine in Guyana.

The voluntary suspension of the company's securities is expected to continue until 20 December 2019 or the release of an announcement regarding the company's operational activities at the Karouni Gold Mine in Guyana.

Drilling at the Hicks 1 Extension has intersected bonanza gold grades within the Hicks/Smarts Shear. Mineralisation known to extend along strike for approximately 2 kilometres, with the shear zone typically in the order of ten metres wide. Mineralisation underlies sand cover of approximately twenty-five metres and, at this stage, is open at depth. Updating of Mineral Resource estimates and mining studies on the Hicks 1 Extension is continuing. Located close to existing infrastructure and with mineralisation variously high-grade and relatively near-to-surface, the Hicks 1 Extension represents a highly-attractive near term mining target.

Following the tragic incident at the Hicks 1 Extension Trench, the four parties investigating the death have notified of any cause against the company or its safety practices. On 8 November 2019, the Ministry of Social Protection rescinded its cease work order. Despite this, there are several matters that need to be resolved befor the company can restart operations. Troy has been working to finalise operating plans and a cash flow and budget for the recommencement of operations at Karouni. On 18 November, with the expiry of the six-week permitted stand down period fast approaching, the company took the decision to retrench just over 200 workers. The decision was made as there was no work for them at that time. When the decision to restart has been made, the company will be able to preferentially offer employment to former employees, thus enabling the streamlining of the workforce. Before Troy is willing/able to recommence activities, the following matters need to be sorted/addressed: Receipt of the title permit to undertake mining of Ohio Creek from GGMC; Renewal of the DIA licence from the Government of Guyana; The completion by Troy of a viable mine plan and budget for the next 12 to 24 months of operations, including assessment of the Smarts 3 operations; and The company securing sufficient funding to enable the restart of operations. The company also made a clarification regarding a significant amount of misinformation circulating within the Guyana press and on local social media.

The voluntary suspension of the company's securities is expected to continue until 13 December 2019 or the release of an announcement regarding the company's operational activities at the Karouni Gold Mine in Guyana.

The company releases the results of its meeting - 2019 AGM.

The company releases its Chairman's Address to AGM.

The company releases its presentation to AGM.

Drilling to the north-west of the Hicks 1 Pit continues to identify shallow, high-grade gold mineralisation. This new area is referred to as Hicks NW (for North-West) and is along strike from the previously designated Hicks 1 Extension. Mineral Resource estimation and mining studies on the Hicks NW have commenced. Hicks NW is close to surface and existing infrastructure and represents an additional near term mining target.

Austral Gold Limited has entered into a share purchase agreement with Troy Resources to acquire the remaining 30% interest in the Casposo silver-gold mine located in San Juan, Argentina. Austral has agreed to pay US$0.2 million for the outstanding common shares of Casposo Argentina, a wholly-owned subsidiary of Troy that owns the Casposo mine. The payment is to be made on the closing date, which we expect to occur by 28 November 2019. The agreement is also subject to standard indemnities provided by both Austral and Troy.

It is anticipated that the voluntary suspension will continue until 29 November 2019 or the release of an announcement regarding the company's operational activities at the Karouni Gold Mine in Guyana.

The voluntary suspension of the company's securities is anticipated to continue until 15 November 2019 or the release of an announcement in relation to the company's operational activities at hte Karouni Gold Mine in Guyana.

The company releases its ASX Appemdix 4G.

The company releases its Corporate Governance Statement.

The company lodges its Annual Report 2019.

The company's AGM will be held on Thursday, 28 November 2019 at 9:00am (Perth time) at The Celtic Club 48 Ord Street West Perth WA 6005.

The voluntary suspension is anticipated to continue until 1 November 2019 or the release of an announcement on the company's operational activities at the Karouni Gold Mine in Guyana.

The trading halt followed the tragic death of an employee on 8 October as a result of an incident at the Hicks 1 Extension Trench. An investigation into the incident was immediately launched by four parties. However, prior to the release of any formal findings in relation to the incident, the company received a letter from the junior Minister within the Ministry of Social Protection in which the company was ""¦hereby directed that there be a cessation of all mining activities with immediate effect until further notice from this Ministry." This came as a surprise to the Company since the ban included all mining areas including the Smarts 3 and Larkin Pits which are not where the incident took place. This stop order was inconsistent with normal protocols in such situations. Nevertheless, the company had no option but to cease aell mining activities. The company took the step of standing down all site employees other than those undertaking security duties, exploration activities and those involved in preparing the processing plant for a full shutdown. Troy's management is hoping to meet with relevant officials of the Guyanese Government over coming days to discuss the way forward at Karouni. Troy will not reinstate any of the laid-off employees nor recommence mining and processing activities until such time as the company has clear approvals from all relevant government agencies.

The securities of Troy Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of TRY, pending the release of an announcement regarding operations at TRY's Karouni Mine in Guyana.

The suspension of trading in the securities of Troy Resources Limited ("˜TRY') will be lifted immediately, following the release by TRY of an announcement regarding a capital raising

The securities of Troy Resources Limited ("˜TRY') will be suspended from quotation immediately under Listing Rule 17.2, at the request of TRY, pending the release of an announcement regarding a capital raising.

The suspension of trading in the securities of Troy Resources Limited will be lifted immediately following the release of an announcement regarding a capital raising. ASX Code: TRY

The securities of Troy Resources Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: TRY

name changed from Troy Resources NL