Black Fire, Australian Mines raising capital
Wednesday, 13 August, 2014 - 12:12
Black Fire Minerals has completed an $810,000 share placement to complete its reverse takeover of mobile game developer Animoca Brands Corporation.
Benjamin Bell is a geologist and geophysicist with 15 years of experience in the mineral industry, including 10 years in gold exploration.
He held senior exploration roles with a number of ASX-listed companies and was chief executive of Australian gold explorer Ausgold and Australian Mines.
Mr Bell holds a Bachelor of Science, a Masters of Mineral Exploration Technologies, and a Master of Business Administration.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1218th | DGL Group">DGL Group | -28.05% | 0% |
1219th | Michael Hill International">Michael Hill International | -28.13% | 2.46% |
1220th | Australian Mines">Australian Mines | -28.13% | -41.12% |
1221st | Spenda">Spenda | -28.57% | 4.56% |
1222nd | Z Energy">Z Energy | -28.57% | -42.42% |
NEWS: Tagged in Bell disqualified, fined following breach admission | 12 May 2023 | |
NEWS: Tagged in Bell resigns as director amid ASIC action | 11 May 2022 | |
REMUNERATION UPDATE: Managing Director, Australian Mines | 03 Nov 2020 |
Black Fire Minerals has completed an $810,000 share placement to complete its reverse takeover of mobile game developer Animoca Brands Corporation.
SPECIAL REPORT: Electric vehicles and other technology applications have driven investor interest in graphite and lithium, and cobalt might be next.
Perth-based explorer Australian Mines has announced plans to raise up to $6.3 million from investors to fund ongoing work at its Sconi and Flemington scandium-cobalt projects.
Local explorer Australian Mines has entered into an agreement to buy out its joint venture partner at the Sconi cobalt-nickel-scandium project in Queensland for $10 million in cash and scrip.
Australian Mines has raised $20 million through a strongly supported share placement, while denying any involvement in the leaking of details regarding the placement to the media.
Australian Mines has exercised an option to purchase a cobalt project in New South Wales from Jervois Mining in a deal worth $4 million.
Perth-based Australian Mines has secured a $US12 million convertible note facility with a New York fund, as it seeks to continue development of a Queensland cobalt project and completes the acquisition of a second cobalt deposit.
Our board moves wrap includes Paul Sadleir, Trent Bartlett, Dennis Wilkins, Julia Beckett, David Williams, Pablo Tarantini, and Benjamin Bell.
Exploration company Australian Mines and its managing director Benjamin Bell are facing allegations of breaching disclosure obligations about the Sconi Project.
Australian Mines’ Benjamin Bell has resigned as a director after the corporate watchdog moved to strip him of his right to manage a corporation over disclosure allegations.
Australian Mines has settled a legal battle over breaches of ASX reporting by paying a penalty, but proceedings against its former managing director are ongoing.
The former director of ASX-listed resources company Australian Mines has been fined $70,000 and disqualified from managing corporations for two years.
Position | Company | Year | Company's current rank |
---|---|---|---|
Managing Director
|
2011 - 2022 | ||
Non-Executive Director
|
2017 - 2020 | 514 | |
Chief Executive
|
2011 - 2012 | ||
Chief Executive
|
2009 - 2011 | 338 |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2017-04-07 | Issued | 1,696,497 | $0.01 | $13,572 | Rights issue | |
2016-07-07 | Issued | 250,000 | $0.02 | $5,000 | Rights issue | |
2014-11-30 | Other | 13,600,000 | $0.00 | Other | ||
2014-11-28 | Bought | 13,000,000 | $0.01 | $91,000 | Other | |
2014-03-11 | Bought | 600,000 | $0.01 | $3,600 | On-market trade |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Australian Mines | Asset acquisition | $4.00m | >> | ||
Norwest Minerals | Australian Mines | Demerger | $3.60m | >> | |
Australian Mines | Metallica Minerals | Asset acquisition | $5.00m | >> |