Wednesday, 8 July, 2015 - 11:29
Minrex, Aleator join backdoor listings wave
Two local miners have announced plans to exit the resources industry and move into other fields, by way of backdoor listings.
Mark Rowbottam is an experienced corporate executive, advisor and company director. He is a Fellow of the Securities Institute of Australia and active member of the Australian Institute of Company Directors. Mr Rowbottam has more than 15 years of experience in the corporate financial arena, and has been involved in many ASX capital raisings, mergers/acquisitions, and corporate transactions within the mineral and energy sectors including the acquisition of the Seychelle assets of Seyco by WHL Energy and the Povorotnoye asset by Aleator Energy.
Two local miners have announced plans to exit the resources industry and move into other fields, by way of backdoor listings.
Perth-based telecommunications business Vonex’s backdoor listing through acquisition by Aleator Energy has received a big boost after the Aleator share purchase plan closed 374 per cent oversubscribed.
Emma Walczak has been appointed as joint company secretary of Tanga Resources. Martin Bouwmeester has been appointed as company secretary of Orion Gold and its subsidiaries. Mr Bouwmeester replaces Kim Hogg who has resigned.
Position | Company | Year | Company's current rank | WA staff |
---|---|---|---|---|
Co-Founder, Director
|
2006 |
Position | Company | Year | Company's current rank |
---|---|---|---|
Executive Director
|
2012 - 2016 | ||
Non-Executive Chair
|
2010 - 2016 | ||
Co-Founder, Non-Executive Director
|
2008 - 2015 | ||
Managing Director
|
2006 - 2011 |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2015-08-14 | Bought | 2,100,000 | $0.04 | $73,500 | On-market trade | |
2015-08-05 | Bought | 1,400,000 | $0.01 | $7,000 | Other | |
2015-04-29 | Other | 30,000 | $0.00 | Other | ||
2015-04-29 | Other | 30,000 | $0.00 | Other | ||
2015-04-14 | Issued | 197,387 | $0.02 | $3,296 | Other |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Transcendence Technologies | Helpa | Reverse takeover | >> |