お知らせ • Feb 23
Technology Metals Australia Limited Ordinary Shares to be Deleted from OTC Equity Technology Metals Australia Limited Ordinary Shares (Australia) will be deleted from OTC Equity effective February 22, 2024, due to Acquisition/Merger/Amalgamation. お知らせ • Feb 03
Australian Vanadium Limited (ASX:AVL) completed the acquisition of Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others. Australian Vanadium Limited (ASX:AVL) entered into a scheme of arrangement to acquire Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others for AUD 84.4 million on September 23, 2023. TMT Shareholders will receive 12 AVL Shares for every TMT Share held on the Scheme record date. This implies an offer price of AUD 0.324 per TMT Share based on AVL’s last close price of AUD 0.027. AVL Board to be complemented with the addition of Jo Gaines as a Non-Executive Director. Ian Prentice to join AVL’s executive management team and will be initially focused on the integration of the two adjoining projects. All directors on the TMT Board other than the AVL nominees will resign. Post-acquisition, existing AVL shareholders will hold 58% of the combined group and existing TMT Shareholders will hold 42% of the combined group. Under the Scheme Implementation Deed, a liquidated amount (or break fee) of AUD 839,900 may become payable by AVL to TMT in certain circumstances. In addition, a liquidated amount (or break fee) of AUD 839,900 may become payable by TMT to AVL in certain circumstances. The combined group will continue to trade as Australian Vanadium Limited on the ASX. The transaction is subject to approval being obtained from TMT Shareholders, court approval, AVL raising at least AUD 15 million under the Placement, the Independent Expert issues an Independent Expert’s Report and other conditions customary for a transaction of this nature. The Scheme is unanimously recommended by the TMT Board. The transaction is expected to close by January / February 2024. Macquarie Capital acted as financial adviser and Christian Owen of Corrs Chambers Westgarth acted as legal adviser to Australian Vanadium. Sternship Advisers and Argonaut PCF acted as financial advisers and James Nicholls of DLA Piper acted as legal adviser to TMT. Automic Pty Ltd acted as Registry to Technology Metals Australia.
Australian Vanadium Limited (ASX:AVL) completed the acquisition of Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others on February 1, 2024, お知らせ • Dec 05
Technology Metals Australia Limited, Annual General Meeting, Jan 16, 2024 Technology Metals Australia Limited, Annual General Meeting, Jan 16, 2024, at 10:00 W. Australia Standard Time. Location: Level 3, 88 William Street Perth Australia Agenda: To consider the scheme of arrangement proposed between TMT and the holders of its ordinary shares as contained in and more particularly described in this Scheme Booklet of which the Notice of Scheme Meeting forms part, is agreed to (with or without lterations or conditions as approved by the Court to which TMT and AVL agree), and TMT is authorised, subject to the terms of the Scheme Implementation Deed to agree to such alterations or conditions, and subject to approval by the Court, to implement the Scheme with any such alterations or conditions. お知らせ • Oct 10
Technology Metals Australia Limited, Annual General Meeting, Nov 27, 2023 Technology Metals Australia Limited, Annual General Meeting, Nov 27, 2023. お知らせ • Sep 26
Australian Vanadium Limited (ASX:AVL) entered into a scheme of arrangement to acquire Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others for AUD 83.7 million. Australian Vanadium Limited (ASX:AVL) entered into a scheme of arrangement to acquire Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others for AUD 83.7 million on September 23, 2023. TMT Shareholders will receive 12 AVL Shares for every TMT Share held on the Scheme record date. This implies an offer price of AUD 0.324 per TMT Share based on AVL’s last close price of AUD 0.027. AVL Board to be complemented with the addition of Jo Gaines as a Non-Executive Director. Ian Prentice to join AVL’s executive management team and will be initially focused on the integration of the two adjoining projects. All directors on the TMT Board other than the AVL nominees will resign. Post-acquisition, existing AVL shareholders will hold 58% of the combined group and existing TMT Shareholders will hold 42% of the combined group. Under the Scheme Implementation Deed, a liquidated amount (or break fee) of AUD 839,900 may become payable by AVL to TMT in certain circumstances. In addition, a liquidated amount (or break fee) of AUD 839,900 may become payable by TMT to AVL in certain circumstances. The combined group will continue to trade as Australian Vanadium Limited on the ASX. The transaction is subject to approval being obtained from TMT Shareholders, court approval, AVL raising at least AUD 15 million under the Placement, the Independent Expert issues an Independent Expert’s Report and other conditions customary for a transaction of this nature. The Scheme is unanimously recommended by the TMT Board. The transaction is expected to close by January / February 2024. Macquarie Capital acted as financial adviser and Christian Owen of Corrs Chambers Westgarth acted as legal adviser to Australian Vanadium. Sternship Advisers and Argonaut PCF acted as financial advisers and James Nicholls of DLA Piper acted as legal adviser to TMT. Automic Pty Ltd acted as Registry to Technology Metals Australia. お知らせ • Jun 15
Technology Metals Australia Limited Appoints Jo Gaines to the Position of Non-Executive Director Technology Metals Australia Limited announced the appointment of Ms Jo Gaines to the position of Non-Executive Director of the Company, effective immediately. Ms Gaines is an experienced leader and strategic policy director, having previously worked at high level of government as the Deputy Chief of Staff to the Premier of Western Australia. In this role she was a leader in significant policy development affecting the economic and social fabric of Western Australia and was influential in intergovernmental negotiations. She was a leader in the development of the WA Recovery Plan following the COVID19 pandemic, working across State Government agencies and the private sector to leverage opportunities to kick start the WA economy. She brings extensive experience in stakeholder engagement, including across all levels of government and with the private sector to drive reforms in a diverse range of fields including training and job creation, contracting and procurement, climate change, child protection and health. Ms Gaines holds a Bachelor of Arts from the University of Western Australia, a Post Graduate Diploma in Occupational Health and Safety from Curtin University and is a graduate of the Australian Institute of Company Directors. She is currently Chair of the Government Employees Superannuation Board (GESB), a Director of DevelopmentWA and Non-Executive Director of Chalice Mining Limited. Board Change • Nov 17
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 Chairman Mike Fry was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 12
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 Chairman Mike Fry was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Nov 13
New 90-day high: AU$0.41 The company is up 131% from its price of AU$0.17 on 14 August 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 6.0% over the same period. Is New 90 Day High Low • Oct 27
New 90-day high: AU$0.36 The company is up 97% from its price of AU$0.18 on 29 July 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period. Is New 90 Day High Low • Sep 29
New 90-day high: AU$0.29 The company is up 53% from its price of AU$0.19 on 01 July 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 7.0% over the same period.