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Cokal Ltd (CKA.AX)

CKA.AX on Australia Stock Exchange

0.03AUD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Cokal says co entered into royalty agreement with senior lenders
Monday, 1 May 2017 09:37pm EDT 

May 2 (Reuters) - Cokal Ltd ::Entered into a royalty agreement with its senior lenders in relation to conversion of all of its outstanding loans to a production royalty.Loans include Blumont loan, which was acquired by Platinum Group.Agreement with Wintercrest Advisors and Northrock Financial will convert about USD13.8 million of loans owing by Cokal.  Full Article

Cokal Ltd updates on Platinum Group debt conversion
Friday, 2 Dec 2016 04:45am EST 

Cokal Ltd : Update in relation to debt conversion agreement with Platinum Partners (Platinum) announced on 22 july 2016 . Platinum is working together with Cokal to replace its existing security with direct royalty security over IUP licences to specifically secure royalty . Platinum group is undertaking an internal restructure of its affairs . Does not expect wider Platinum Group restructure to have a material impact on announced debt conversion .PPVA currently does not hold any Cokal debt.  Full Article

Cokal Ltd updates on Platinum Group debt conversion
Thursday, 1 Dec 2016 05:36pm EST 

Cokal Ltd : Update in relation to debt conversion agreement with Platinum Partners (Platinum) announced on 22 july 2016 . Platinum is working together with Cokal to replace its existing security with direct royalty security over IUP licences to specifically secure royalty . Platinum group is undertaking an internal restructure of its affairs . Does not expect wider Platinum Group restructure to have a material impact on announced debt conversion .PPVA currently does not hold any Cokal debt.  Full Article

Cokal Ltd says reached agreement for conversion of outstanding loans to production royalty
Thursday, 21 Jul 2016 11:50pm EDT 

Cokal Ltd : Debt restructure and capital raising . Says has reached an agreement for the conversion of all its outstanding loans to a production royalty . Says on completion, the monies owing to platinum partners and blumont will be fully discharged and Cokal will be loan free . Reached agreement with platinum partners to convert approximately USD15 million of loans owing by Cokal to various funds . Funds raised will provide working capital for co which will enable it to continue to develop funding opportunities for its indonesian projects . Says it has raised A$1.2 million for working capital through a private share placement . Says Cokal has made a private placement to ramornie capital ltd and its associates .  Full Article

Cokal appoints Teuku Juliansyah as CFO
Friday, 24 Jun 2016 02:54am EDT 

Cokal Ltd : Group reorganisation to Jakarta continues . The transfer of the management and administration functions to Indonesia is nearing completion . Teuku Juliansyah has been appointed as Chief Financial Officer . Moosa Fense, the company's current CFO, has stepped down from the role .  Full Article

Cokal sells non-core assets and enters discussions for potential larger transaction
Sunday, 15 May 2016 07:56pm EDT 

Cokal Ltd : Non-core assets sale and larger transaction discussions . Cokal sells non-core assets and enters discussions for potential larger transaction . Entered into a non- exclusive memorandum of understanding with Indonesian company Blackspace .  Full Article

Cokal Limited announces issue of shares
Tuesday, 23 Jun 2015 11:31pm EDT 

Cokal Limited:Issues16,666,667 fully paid ordinary shares at $0.09 per share.  Full Article

Cokal Limited announces issue of shares
Thursday, 11 Jun 2015 02:30am EDT 

Cokal Limited:Issues 11,111,111 fully paid ordinary shares at $0.09 per share.  Full Article

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