Bellanhouse recently advised Caprice Resources Limited (Caprice) (ASX: CRS) on its listing on the ASX and $4.5m capital raising. Caprice raised $4.5m from the issue of 22,500,000 shares at an issue price of $0.20 per share. Established in March 2018, the Perth based explorer has two projects in the Northern Territory and Western Australia. Caprice’s
We would like to take this opportunity to remind you of the requirement for listed companies with a 30 June year end to hold their Annual General Meeting (AGM) by 30 November 2018 and to set out some of the considerations that should be taken into account in preparing the notice of AGM.
Bellanhouse recently advised Black Dragon Gold Corp (Black Dragon) (ASX/TSXV: BDG) on its listing on the ASX and $6m capital raising. Black Dragon owns 100% of the Salave gold project in northern Spain, one of the largest undeveloped gold projects in Europe.
ASIC recently published a media release concerning ASX-listed Gold Mountain Limited (GMN), which paid a fine of $33,000 and will be restricted from using a reduced content prospectus until 20 July 2019 following its failure to retract material misinformation in a timely manner.
Bellanhouse advised Summit Resources Limited (Summit) (ASX: SMM) on its entry into a Bid Implementation Agreement by Paladin Energy Limited (Paladin) (ASX: PDN).
Summit Resources is an Australian uranium exploration company and holds several deposits in Queensland, with its main project “Isa North” covering approximately 935kms near Mt Isa.
Bellanhouse is proud to be named in the Leading Corporate Law Firms – Western Australia rankings by Doyle’s Guide in 2018. We are delighted to be recognised for the second year running, strengthening our reputation as a specialist corporate legal advisory firm.
Last week, ASIC banned a former financial advisor from providing financial services for seven years for falsifying spread. Following an investigation, ASIC found that Mr Mark Kawecki knowingly provided the ASX with false information regarding the identity of the beneficial holders of shares.
In the May edition of Business News, Bryn Hardcastle discussed the reason for the increasing number in company retractions, noting that the ASX is changing the way they police disclosure of information.
On Friday 11 May 2018, ASX released a compliance update which sets out that listed entities generally should not lodge a broker or analyst research report about the entity (Research Report) or an announcement referring to the release or contents of a Research Report for release on the ASX market announcements platform.
Could a Tweet really get a company’s securities suspended? What about an Instagram post or a WhatsApp message?