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Red 5 Ltd (RED.AX)

RED.AX on Australia Stock Exchange

0.12AUD
18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Australian Government Takeovers Panel Updates On Bullseye Issuing Convertible Notes
Tuesday, 23 Oct 2018 12:26am EDT 

Oct 23 (Reuters) - Red 5 Ltd ::MADE FINAL ORDERS PROHIBITING BULLSEYE FROM ISSUING CERTAIN CONVERTIBLE NOTES WITHOUT SHAREHOLDER APPROVAL.  Full Article

Red 5 Posts FY Net Loss Of Consolidated Entity At A$11.9 Mln
Friday, 21 Sep 2018 04:07am EDT 

Sept 21 (Reuters) - Red 5 Ltd ::FY SALES REVENUE OF A$77.1 MILLION.FY NET LOSS OF CONSOLIDATED ENTITY A$11.9 MILLION.  Full Article

Red 5 Ltd Says ‍Previous Gold Production Guidance For March Qtr Is Unlikely To Be Achieved​
Monday, 12 Mar 2018 05:27pm EDT 

March 13 (Reuters) - Red 5 Ltd ::‍PREVIOUS GOLD PRODUCTION GUIDANCE OF BETWEEN 16,000 TO 19,000 OUNCES FOR MARCH QUARTER IS UNLIKELY TO BE ACHIEVED​.‍GUIDANCE FOR MARCH QUARTER TO BE IMPACTED FOLLOWING RECENT ISSUES RELATING TO GEAR AND CLUTCH ON MILL-1 AT DARLOT MILL​.‍GOLD PRODUCTION FOR MARCH QUARTER WILL BE IN RANGE OF 12,000 TO 15,000 OUNCES​.  Full Article

Red 5 says expects non-cash impairment charge in carrying value of certain assets for FY
Wednesday, 20 Sep 2017 10:47pm EDT 

Sept 21 (Reuters) - Red 5 Ltd :Expects non-cash impairment charge in carrying value of Siana gold project & associated philippine assets for FY in range of $28-$30 million.Impairment charge will result in total assets of group as at 30 June 2017 being in range of $76-$79 million.  Full Article

Red 5 announces rights issue to raise up to about $12.7 mln
Tuesday, 19 Sep 2017 11:42pm EDT 

Sept 20 (Reuters) - Red 5 Ltd ::Undertaking partially underwritten non-renounceable rights issue to raise up to about $12.7 million.Under rights issue, eligible shareholders can subscribe for 1 new share for every 3 existing shares they hold at issue price of $0.05 per share.  Full Article

Gold Fields announces sale of Darlot mine to Red 5
Thursday, 3 Aug 2017 06:03am EDT 

Aug 3 (Reuters) - Gold Fields Ltd ::Sale of Darlot mine to Red 5.Gold Fields Ltd - ‍sale of Darlot mine in Western Australia, through wholly owned unit, to Red 5 Limited for a total consideration of a $18.5 million​.Gold Fields Ltd - ‍deferred consideration may be taken as additional shares in red 5 or as cash at Gold Fields' election​.Gold Fields Ltd - ‍Red 5 intends to undertake a rights issue in order to assist with funding of cash component and general working capital purposes​.  Full Article

Saracen Mineral sells King of the Hills gold mine to Red 5 Ltd
Thursday, 3 Aug 2017 03:01am EDT 

Aug 3 (Reuters) - Saracen Mineral Holdings Ltd :Agreement to sell King Of The Hills.Entered into binding agreement to sell the King Of The Hills gold mine to Red 5 Limited for total proceeds of A$16 million.The consideration for King Of The Hills comprises A$7 million upfront cash; 90 million red 5 shares; escrowed for 12 months;.Red 5 intends to undertake rights issue on 1-for-3 basis at issue price of A$0.05 per share to raise up to A$12.7m .  Full Article

Red 5 Ltd updates on Mindanao Island
Wednesday, 24 May 2017 01:28am EDT 

May 24 (Reuters) - Red 5 Ltd ::Aware of reports that Philippines' President has declared martial law on Island Of Mindanao in response to recent rebel activity.There has been no immediate or anticipated direct impact on Siana gold project.Declaration of martial law is not expected to have any ongoing effect on current operations."There has been no immediate or anticipated direct impact on siana gold project".  Full Article