Key Developments: Hillgrove Resources Ltd (HLGVF.PK)
0.14USD
5 Jun 2012
$0.00 (+0.00%)
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4,500
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Latest Key Developments (Source: Significant Developments)
Hillgrove Resources Ltd Not To Pay FY 2013 Dividend
Hillgrove Resources Ltd announced that no dividends were paid or proposed to members during the financial year ended January 31, 2013 or in the previous period. Full Article
Hillgrove Resources Ltd And Its Wholly-Owned Subsidiaries Decrease Stake In Intermet Resources Ltd
Intermet Resources Ltd announced that Hillgrove Resources Ltd and its wholly-owned subsidiaries (each, an HGO Group Member), have decreased stake in the Company from 42,649,559 ordinary shares (84.5% of the voting power) to 10,822,959 ordinary shares (18.7% of the voting power) due to share sale of 30,487,859 ordinary shares at a consideration of AUD 0.01 per ITT share; share sale of 1,512,141 ordinary shares at AUD 0.01 per ITT share; and placement of 1,512,141 ordinary shares on January 18, 2013. Full Article
Hillgrove Resources Limited Ceases To Be Shareholder Of Caravel Minerals Ltd
Caravel Minerals Ltd announced that Hillgrove Resources Limited has ceased to be a shareholder of the Company effective July 9, 2012. Earlier, Hillgrove Resources Limited had 7.9% of voting power in the Company. Full Article
Hillgrove Resources Ltd Announces New Managing Director
Hillgrove Resources Ltd announced that Mr Greg Hall has been appointed as Managing Director of Hillgrove Resources Limited from February 11, 2013. Mr. Hall has been the Managing Director of Toro Energy Limited since 2006, a company which recently received approval from the Western Australian Government for its Wiluna Uranium mine. In this role he managed a start-up junior explorer through project acquisition, approvals and project development, including several investment fund raisings. The total salary package for Greg Hall will be AUD 575,000 per annum, together with STIs and LTIs in line with Board policy. Full Article
AMP Limited And Its Related Corporate Bodies Cease To Be Substantial Shareholders Of Hillgrove Resources Ltd
Hillgrove Resources Ltd announced that AMP Limited and its related corporate bodies have ceased to be substantial shareholders of the Company on August 30, 2012. Full Article
Hillgrove Resources Ltd Completes AUD 3.9 Million Share Purchase Plan
Hillgrove Resources Ltd announced that it has raised AUD 3.9 million under the Share Purchase Plan (SPP) from existing shareholders and that it has accepted all applications which complied with the SPP terms and conditions. The proceeds of the Placement and SPP will be used to supplement the Company’s existing cash resources and working capital. The issue price for shares issued under the SPP will be AUD 0.0753 per share. Under the SPP 52,443,559 new shares will be issued to participating eligible shareholders. Full Article
Hillgrove Resources Ltd Appoints Acting Chief Financial Officer
Hillgrove Resources Ltd announced the appointment of Ms. Shanthi Smith as an Acting Chief Financial Officer and Company Secretary effective August 10, 2012. Shanthi has replaced Russell Middleton who is in the position of Acting Chief Executive Officer of the Company. Shanthi has been with Hillgrove for almost two years in the role of Group Finance and Planning Manager and has been involved in the construction, financing, and operations of the Company during this time. Full Article
Hillgrove Resources Limited Announces Resignation Of Managing Director
Hillgrove Resources Limited announced that the Managing Director, Mr. Drew Simonsen, has resigned effective July 27, 2012. Mr. Russell Middleton, Company Secretary and Chief Financial Officer (CFO), is the Acting CEO whilst a selection process for the new CEO is being undertaken. Full Article
Renaissance Smaller Company Pty Ltd Acquires Stake In Hillgrove Resources Limited
Hillgrove Resources Limited announced that Renaissance Smaller Company Pty Ltd has acquired 50,201,096 fully paid ordinary shares in the Company, which represents 5.50% of the voting power. Full Article
Hillgrove Resources Limited Announces Issuance Of Shares
Hillgrove Resources Limited announced the issuance of 119,054,786 fully paid ordinary shares at an issue price of AUD 0.085 per new share. The proceeds of the Placement will be used to provide funds for working capital and capital expenditure for Hillgrove's focus of improving operations and cash flow at Kanmantoo as well as extending Kanmantoo mine life. Full Article
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