Annuncio • Sep 16
General Innovation Capital, LLC cancelled the acquisition of Peak Rare Earths Limited (ASX:PEK) for approximately AUD 240 million. General Innovation Capital, LLC signed a letter of intent to acquire Peak Rare Earths Limited (ASX:PEK) for approximately AUD 240 million on September 14, 2025. A cash consideration of AUD 240 million valued at AUD 0.545 per share will be paid by General Innovation Capital, LLC. As part of consideration, AUD 240 million is paid towards common equity of Peak Rare Earths Limited. The Peak Independent Board Committee3 has carefully assessed the Letter of Intent, with the assistance of its financial and legal advisers, as required by the terms.
The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by target shareholders and consummation of due diligence investigation.
General Innovation Capital, LLC cancelled the acquisition of Peak Rare Earths Limited (ASX:PEK) on September 16, 2025. New Risk • May 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 53% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (53% average weekly change). Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$114.4m market cap, or US$73.3m). Price Target Changed • Mar 05
Price target decreased by 57% to AU$0.65 Down from AU$1.50, the current price target is provided by 1 analyst. New target price is 519% above last closing price of AU$0.10. Stock is down 46% over the past year. The company posted a net loss per share of AU$0.065 last year. New Risk • Mar 04
New major risk - Revenue and earnings growth Earnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$37.0m market cap, or US$23.1m). New Risk • Feb 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$42.3m market cap, or US$26.8m). New Risk • Feb 14
New major risk - Revenue and earnings growth Earnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (AU$40.9m market cap, or US$25.9m). New Risk • Jan 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.0m net loss in 2 years). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (AU$51.9m market cap, or US$32.6m). Annuncio • Jan 17
Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 6.496878 million. Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 6.496878 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 39,964,598
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,060,528
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,968,784
Price\Range: AUD 0.1
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,974,874
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Transaction Features: Subsequent Direct Listing Annuncio • Dec 24
Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 0.2745 million. Peak Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 0.2745 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,490,000
Price\Range: AUD 0.05 New Risk • Nov 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (AU$33.7m market cap, or US$22.1m). New Risk • Nov 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.0m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$30.6m market cap, or US$20.3m). Annuncio • Oct 10
Peak Rare Earths Limited, Annual General Meeting, Nov 29, 2024 Peak Rare Earths Limited, Annual General Meeting, Nov 29, 2024. Price Target Changed • Aug 02
Price target increased by 51% to AU$1.50 Up from AU$0.99, the current price target is an average from 2 analysts. New target price is 580% above last closing price of AU$0.22. Stock is down 56% over the past year. The company is forecast to post a net loss per share of AU$0.02 next year compared to a net loss per share of AU$0.14 last year. Breakeven Date Change • May 01
No longer forecast to breakeven The 2 analysts covering Peak Rare Earths no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$20.4m in 2026. New consensus forecast suggests the company will make a loss of AU$20.4m in 2026. New Risk • Apr 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$15m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$15m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (AU$63.8m market cap, or US$41.7m). New Risk • Mar 15
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$35m Forecast net loss in 2 years: AU$40k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$382k revenue, or US$251k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$40k net loss in 2 years). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (AU$54.5m market cap, or US$35.9m). Annuncio • Oct 10
Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2023 Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2023. Agenda: To consider the election of Director. Breakeven Date Change • Sep 28
Forecast to breakeven in 2025 The analyst covering Peak Rare Earths expects the company to break even for the first time. New forecast suggests losses will reduce by 96% to 2024. The company is expected to make a profit of AU$598.7k in 2025. Average annual earnings growth of 144% is required to achieve expected profit on schedule. Recent Insider Transactions • Aug 26
Non-Executive Director recently bought AU$122k worth of stock On the 24th of August, Ian Chambers bought around 275k shares on-market at roughly AU$0.44 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$23k more in shares than they bought in the last 12 months. Annuncio • Jul 04
Peak Rare Earths Limited Announces Board Changes Peak Rare Earths Limited announced the appointment of Ms Hannah Badenach as a Non-Executive Director. Ms Badenach is an experienced executive and company director with more than 20 years of experience in resources, supply chain, business development, commodity trading and marketing in global markets across Africa, Europe, Asia, South America and the Middle East. Ms Badenach is currently Executive Director Metals & Mongolia for commodities trader Noble Resources Limited, where she has held strategic roles for the last 13 years. This includes managing several global ore and metals trading divisions and the establishment of Noble's Mongolian trading logistics and operations business. Ms Badenach has extensive experience in particular in Africa and China. She has built and run multiple metal supply chains across Africa (including Tanzania) and has an extensive network in China across sales and marketing. She has held previous directorships with Aspire Mining Limited and Xanadu Mines Limited. Ms Badenach holds a Bachelor of Arts/Law (HONS) from the University of Tasmania and is a graduate of the Australian Institute of Company Directors. In conjunction with the appointment of Ms Badenach, the Company also announced the resignation of Non-Executive Director Tony Pearson. Recent Insider Transactions • Jun 24
Key Executive recently sold AU$146k worth of stock On the 16th of June, Tony Pearson sold around 290k shares on-market at roughly AU$0.50 per share. This transaction amounted to 46% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Tony's only on-market trade for the last 12 months. Annuncio • Jun 05
Peak Rare Earths Limited Announces Directorate Changes Peak Rare Earths Limited announce the appointment of Mr. Nick Bowen as a Non-Executive Director. Mr. Bowen has extensive experience in the construction, development and operation of international mining projects. He has spent over 35 years with ASX-listed construction and contract mining companies operating in both Australia and overseas, including Africa. Previous roles include 12 years as Managing Director of Macmahon Holdings Limited, two years as Executive Global Head of Mining Services with Orica Limited and nine years as Managing Director of mining contractor Eltin Limited. Mr. Bowen has also held the head executive role at the Lubambe Copper Mine in Zambia and the Shishen Iron Ore Mine in South Africa. Mr. Bowen is a Life Member of the Western Australian Chamber of Minerals and Energy, Member of the Australian Institute of Mining and Energy and Fellow of the Australian Institute of Company Directors. He will complement the Peak Board and play an important role with his experience and skills aligned with Peak's plans to progress the Ngualla Rare Earth Project through a Final Investment Decision, funding, construction, commissioning and production. In conjunction with the appointment of Mr. Bowen, The Company also announces the resignation of Giles Stapleton as a Non-Executive Director. Annuncio • May 15
Peak Rare Earths Limited, Annual General Meeting, Jun 15, 2023 Peak Rare Earths Limited, Annual General Meeting, Jun 15, 2023, at 11:01 E. Australia Standard Time. Location: Harbour Marriott Hotel 30 Pitt Street Sydney New South Wales Australia Agenda: To consider ratification of issue of tranche 1 placement shares; to consider issue of tranche 2 placement shares to non-related parties; to consider issue of placement shares to shenghe; to consider issue of placement shares to dr russell scrimshaw; to consider issue of placement shares to mr ian chambers; to consider approval of employee incentive plan; to consider issue of performance rights to director ian chambers; and to consider other issues. Board Change • Dec 06
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Deputy Chairman Tony Pearson is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Abdullah Mwinyi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • Dec 01
Peak Rare Earths Limited Appoints Shasha Lu as Director Peak Rare Earths Limited announced the appointment of Shasha Lu as Director. Date of appointment is November 30, 2022. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Abdullah Mwinyi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Nov 09
Peak Rare Earths Limited Announces the Resignation of Giselle Collins as Non-Executive Director Peak Rare Earths Limited announced the resignation of Giselle Collins as a Non-Executive Director of the Company. The Board thanks Giselle for her valuable contribution and stewardship in her time as a Non-Executive Director and Chair of the Audit & Risk Committee and Chair of the Nomination & Remuneration Committee and wishes her every success in her roles and future endeavours. Annuncio • Oct 25
Peak Rare Earths Limited Announces Completion of Ngualla Project BFS Update Peak Rare Earths Limited announced the completion of a Bankable Feasibility Study Update on the Ngualla Rare Earth Project. The BFS Update follows a Bankable Feasibility Study ("BFS") that was completed in April 2017. Both the BFS and BFS Update are backed by extensive pilot plant test work, detailed engineering design and cost studies and JORC 2012 Compliant Ore Reserves and Mineral Resources estimates. The BFS Update was commissioned in August 2021 to reflect a material improvement in the outlook for Neodymium-Praseodymium ("NdPr") Oxide prices, an expansion in production capacity, movements in capital expenditure and operating costs, optimization opportunities, a reduction in carbon footprint and the potential to further de-risk development. Initially the BFS Update was to cover both the Ngualla Project and the Teesside Refinery. However, following a decision to defer the selection of a refinery site until the completion of an independent study on the feasibility of an in-country Tanzanian rare earth refinery, the BFS Update on the Teesside Refinery has been put on hold. The BFS Update on a standalone Ngualla Project supports a technically robust project with an increased capacity and highly attractive economics and shareholder returns. · Bankable Feasibility Study Update supports a technically and economically robust standalone Ngualla Rare Earth Project. Under a recently announced staged integration and development approach: Ngualla Project to be initially developed on a standalone basis to produce a high-grade rare earth concentrate for export to third-party refiners; and Depending upon the outcome of an independent study into the feasibility of a Tanzanian refinery, the potential to develop further downstream processing in either Tanzania or at Peak's Teesside site in the United Kingdom; Reasons for adopting a staged development approach: Supports the Government of Tanzania's policy of maximising in-country processing and value addition where feasible; Substantially reduces upfront capital expenditure and funding requirements; Lowers commissioning and technical risks around the concurrent development of the Ngualla Project and a rare earth refinery; and Capitalises on growing offtake appetite for high-grade rare earth concentrate. · BFS Update follows a BFS completed in 2017 and reflects a 14% increase in annual production capacity and optimisations relating to reagents, flotation collectors, power plant, tailings storage and logistics. Post-tax NPV(8%, real) of USD 1,483 million (AUD 2,353 million) and an equity IRR of 37.3% based on Adamas rare earth pricing forecasts and USD 321 million upfront pre-production capital expenditure. Ore Reserves of 18.5Mt at 4.80% TREO comprising of 21.26% NdPr. An initial life-of-mine of 24 years based on Ore Reserves, with Ore Reserves accounting for less than 20% of the Mineral Resource of 214Mt at 2.15% TREO. Average annual concentrate production of 18ktpa (contained TREO) over the first 6 years and 16ktpa over the life of the project; Concentrate benefits from a high grade, high NdPr ratio and low levels of radionuclides (thorium & uranium) and acid consuming minerals. Front End Engineering and Design and cost optimisation studies to be completed ahead of a target Final Investment Decision by 31 May 2023. Annuncio • Oct 07
Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2022 Peak Rare Earths Limited, Annual General Meeting, Nov 30, 2022. Agenda: To consider election of Directors. Annuncio • Aug 16
Peak Rare Earths Limited Appoints Russell John Scrimshaw as Director Peak Rare Earths Limited announced the appointment of Russell John Scrimshaw as Director. Date of appointment is August 15, 2022. Board Change • Aug 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Chairman of the Board Tony Pearson is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Chairman of the Board Tony Pearson is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Feb 18
Peak Rare Earths Limited Ceases Rebecca Ellen Morgan as Director Peak Rare Earths Limited ceased Rebecca Ellen Morgan as Director. Date that director ceased to be director February 13, 2022. Date of last notice February 18, 2022. Annuncio • Feb 15
Shenghe Resources (SINGAPORE) Pte. Ltd. agreed to acquire 19.95 stake in Peak Rare Earths Limited (ASX:PEK) from Appian Pinnacle Holdco Limited for AUD 39.24 million. Shenghe Resources (SINGAPORE) Pte. Ltd. agreed to acquire 19.95 stake in Peak Rare Earths Limited (ASX:PEK) from Appian Pinnacle Holdco Limited for AUD 39.24 million on February 11, 2022. Under the terms Shenghe Resources (SINGAPORE) Pte. Ltd. will acquire 39.6 million shares for AUD 0.99 per share. This transaction is at the shareholder level and will not impact the strategy, day-to-day operations, management or employees of Peak. Shenghe will not be entitled to, and Appian will no longer enjoy, Appian’s previous
shareholder rights, which included director nomination rights, capital raising notifications and information and consultation rights. As a result, Rebecca Morgan, a nominee director of Appian, has resigned as a non-executive director of the Company. Board Change • Jan 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Chairman of the Board Tony Pearson is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Aug 08
Peak Resources Limited announced that it expects to receive AUD 29.988 million in funding Peak Resources Limited announced a private placement transaction for 333,200,000 ordinary fully paid shares at an issue price of AUD 0.09 per share for gross proceeds AUD 29,988,000 on August 6, 2021. The company will raise fund in two tranches. The company will issue 226,800,000 shares for gross proceeds AUD 20,412,000 in the first tranche on August 12, 2021 and of 106,400,000 shares for gross proceeds of AUD 9,576,000 in the second and final tranche on September 28, 2021. The tranche two requires shareholders approval. The transaction will include participation from institutional, sophisticated and professional investors. The transaction is expected to close on September 28, 2021. Annuncio • Mar 09
Peak Resources Limited Announces Appointments to the Board Peak Resources Limited announced that Giselle Collins and Rebecca Morgan have been appointed to the Board of Peak as Non-Executive Directors. Rebecca is a nominee of substantial shareholder, Appian Pinnacle Holdco Limited (Appian). Giselle is currently Chair of Larrakia Darwin Hotel. Rebecca is a geologist and mining engineer with 19 years of international resources industry experience working with major mining houses, consulting groups, and junior explorers globally, including Africa. She has experience across all sectors of the resource industry, including rare earth market research, project due diligence, independent reporting and mineral asset valuation. Executive Departure • Mar 03
Independent Non-Executive Director has left the company On the 28th of February, Jonathan Heath Murray's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of December 2020, Jonathan Heath personally held 3.83m shares (AU$256k worth at the time). A total of 6 executives have left over the last 12 months. Recent Insider Transactions Derivative • Feb 02
Independent Non-Executive Director exercised options to buy AU$240k worth of stock. On the 25th of January, Jonathan Heath Murray exercised options to buy 2m shares at a strike price of around AU$0.05, costing a total of AU$100k. This transaction amounted to 52% of their direct individual holding at the time of the trade. Since June 2020, Jonathan Heath's direct individual holding has increased from 2.64m shares to 3.83m. Company insiders have collectively bought AU$200k more than they sold, via options and on-market transactions, in the last 12 months. Annuncio • Dec 23
Peak Resources Limited Elects Abdullah Mwinyi as Director Peak Resources Limited announced election of Abdullah Mwinyi as director. Annuncio • Dec 16
Peak Resources Limited Announces Company Secretary Changes Peak Resources Limited announced that Mr. Philip Rundell has been appointed as Company Secretary to the Company, effective 16 December 2020. Philip replaces Mr. Graeme Scott in these duties. Philip is a former Partner of a big 4 accounting firm and is now a sole practitioner Chartered Accountant specialising in providing company secretarial, compliance, accounting and reconstruction services. Annuncio • Dec 15
Peak Resources Limited Announces CFO Changes Peak Resources Limited announced that Mr. Philip Rundell has been appointed as Chief Financial Officer to the Company, effective 16 December 2020. Philip replaces Mr. Graeme Scott in these duties. Philip is a former Partner of a big 4 accounting firm and is now a sole practitioner Chartered Accountant specialising in providing company secretarial, compliance, accounting and reconstruction services. Annuncio • Dec 10
Peak Resources Limited Appoints Bardin Davis as Managing Director Peak Resources Limited announced that incoming Managing Director, Bardin Davis, has commenced his executive duties. As announced on 21 October 2020, Bardin was appointed a Director of the Company on 20 October 2020 and had been expected to commence the role of Managing Director on 4 January 2021. The commencement of the executive duties has now been brought forward to 9 December 2020. He holds over 20 years of investment banking and corporate experience in the mining and
energy sectors. Previous roles include the Head of the Resources & Energy Group Asia Pacific, Deputy Head of Corporates Asia Pacific and Head of Advisory Australia for HSBC and Head of Metals & Mining Asia for Macquarie Capital. Peak also advises that the employment of its Chief Executive Officer, Rocky Smith, has come to an end. As announced on 25 September 2020, the company's intention at the time was to bring Rocky's employment to an end on 30 October 2020. That ef ective date had been
extended until 8 December 2020. Annuncio • Nov 10
Peak Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million. Peak Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,562,500
Price\Range: AUD 0.032 Annuncio • Nov 09
Peak Resources Limited Appoints Abdullah Mwinyi as A Non-Executive Director Peak Resources Limited announced that Hon. Abdullah Mwinyi has agreed to join the board of Peak as a non-executive director. The Hon. Mr. Mwinyi is a member of the Tanzanian Parliament, having entered Parliament in 2007, and was also a Member of the East African Legislative Assembly (2007 - 2017), where he was Chair of the Legal, Privileges and Rules Committee and the Regional Affairs and Conflict Resolution Committee. Annuncio • Sep 20
Peak Resources Limited Auditor Raises 'Going Concern' Doubt Peak Resources Limited filed its Annual on Sep 18, 2020 for the period ending Jun 30, 2020. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Annuncio • Sep 17
Peak Resources Limited Announces Management Changes Peak Resources Limited announced that Mr. Peter Meurer, the Chairman of the Company, has given notice of his intention to retire, effective immediately. In addition, Mr. Rob Sennitt has also elected to stand down from his Non-executive Director role on the Board to focus on his other roles, including his ongoing role in Australia as Senior Adviser with Appian Capital Advisory LLP. The Board has resolved to appoint Tony Pearson to act as Interim Chair, effective immediately, and has established a committee (comprising Mr. Jonathan Murray and Mr. Tony Pearson, with executive management involvement in the process) to identify and assess suitable candidates for appointment as an independent non-executive director.