(2020 est.) Mr Suseno began his career in Australia, where he was raised and educated, and he has over 26 years of experience in management, commercial and finance in mining resources as well as oil and gas related industries in both Australia and internationally. Sanjeev Gandhi, chief executive of mining supplies and services giant Orica, said it was acceptable for governments to reap revenue from critical minerals but you should not then exclude competition. Joined August 2021. The surrounding heights have elevations that vary from 430 feet (130 meters), at the butte of Montmartre in the north, to 85 feet (26 meters), in the Grenelle area in the southwest. Registered office: Level 15, 133 Mary Street, Perth, Western Australia, 6000, Australia. Mr Zagel holds a Bachelor of Engineering in Mining (Honours) from the University of Queensland. Marcelo has over 25 years experience in the mining sector in a number of operations, projects, business development, marketing and sales, strategy and planning roles in Australia, China, Singapore, Brazil and spent many years involved with large developments in Mozambique as well. Stanmore may release further announcements after the date of this Retail Offer Booklet and throughout the Offer Period which may be relevant to your consideration of the Retail Entitlement Offer. He warned against government intervention in developing critical minerals, used in items from batteries to solar panels. 26 February 2023. In addition to our operations and development projects, we have a portfolio of more than 2,000km2of highly prospective, granted exploration tenements located in Bowen and Surat basins, including: Stanmore Resources is an Australian incorporated public company, listed on the Australian Stock Exchange (ASX) in 2009, with a supportive major shareholder in Golden Energy and Resources Limited (GEAR) an established and successful Singapore Exchange (SGX) listed mining investment house. Trading of Retail Entitlements on ASX is expected to commence on 7 March 2022 (on a deferred settlement basis) and conclude on close of trading on 14 March 2022 ("Entitlement Trading Period"). The i formation in this Retail Offer Booklet does not constitute financial product advice and does not take into account your investment, bjectives, financial situation or particular needs. Stanmore Resources Limited is Australia-based coal company. Elevation varies from 430 feet (130 metres) at the butte of Montmartre, in the north, to 85 feet (26 metres) in the Grenelle area, in the southwest. He was a key leader in Theiss growth aspirations into Canada including managing the establishment and growth of the business. Omissions? 2 Based on an AUD/USD exchange rate of 0.7293, the spot rate at the date of this announcement. What Is Stanmore Resources's Net Debt? Stanmore is a 50% shareholder in the Millennium and Mavis Downs Mine and holds a number of additional high-quality prospective coal tenements located in Queensland's Bowen and Surat basins.
BHP announces divestment of BMC interest From there, Mr Lim then went on to work for JP Morgan in Melbourne where he worked on assignments advising and financing some of the largest companies in the world before moving to Hong Kong with Morgan Stanley and Goldman Sachs, where he was responsible for coverage of Metals and Mining in Asia excluding China. (4) of Division 1, Part XIII of the Securities and Futures Act, Chapter 289 of Singapore (the "SFA"), or as otherwise pursuant to, and in accordance with the conditions of any other applicable provisions of the SFA. ForThis document has been given to you on the basis that you are (i) an existing holder of the Company's shares, (ii) an "institutional investor" (as defined in the SFA) or (iii) an "accredited investor" (as defined in the SFA). Under Hugh Capet (ruled 987996) and the Capetian dynasty the preeminence of Paris was firmly established, and Paris became the political and cultural hub as modern France took shape. To the maximum extent permitted by law, each Underwriter and the Underwriter Party expressly disclaims all duties and liabilities (including fraud, negligence and negligent misstatement) in respect of, and makes no responsibility from, any part of this Retail Offer Booklet or any action taken by you on the basis of the information in this Retail Offer Booklet, and make no representation or warranty as to the fairness, currency, accuracy, reliability or completeness of this Retail Offer Booklet. in any other jurisdiction in which, or to any person to whom, it would not be lawful to make such an offer. Click the image for more detail. Stable Share Price: SMR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 5% a week. Our high-quality mining practices and strong safety and health culture drives our focus on continuous improvement and operational excellence. Stanmore Resources had a trailing twelve-month return on equity of 100.22% and a net margin of 24.72%. The Retail Offer Booklet and personalised Entitlement and Acceptance Forms will be despatched to eligible retail shareholders today. At its centre is the le de la Cit, which is the seat of religious and temporal authority (the word cit connotes the nucleus of the ancient city). He is also Chairman of the Queensland Mines Rescue Board. All rights reserved.
Stanmore Resources Limited (ASX:SMR) announced its quarterly earnings results on Tuesday, February, 12th.
Eligible Retail Shareholders who are not resident in Australia, New Zealand or Singapore are responsible for ensuring that taking up New Shares under the Retail Entitlement Offer does not breach the selling restrictions set out in this Retail Offer Booklet or otherwise violate the securities laws in the relevant overseas jurisdictions.
BHP Extends Fossil Fuels Withdrawal With Met Coal Asset Sale Our editors will review what youve submitted and determine whether to revise the article. Delayed Quote 2022. It is by far the countrys most important centre of commerce and culture. Joined October 2020, General Manager Operations Isaac Plains Complex Its boundaries have spread outward to engulf the surrounding towns (bourgs), usually built around monasteries or churches and often the site of a market. He has also led the Vale Corporate Technical Services Team including mine engineering, planning, geology and business improvement. NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES, Partially underwritten accelerated renounceable entitlement offer to raise approximately US$506 million to part fund BMC acquisition, use Equity raising to provide funding for the acquisition of BHP's 80% interest in BHP Mitsui Coal Pty Ltd, Assets in close proximity to Stanmore's existing operating assets creating potential for the, 7 for 3 pro rata renounceable accelerated entitlement offer to raise A$694.1m (~US$506m), GEAR, via Golden Investments, has committed to subscribe for US$300 million of its entitlements, and is expected to hold voting power in Stanmore of approximately 64.1% upon completion of, Petra Capital Pty Ltd ("Petra Capital") has agreed to underwrite the remaining US$206 million, Institutional offer commencing today followed by a retail offer on 10 March 2022. personalA$283 million (~$US206 million) of the Entitlement Offer is underwritten by Petra Capital pursuant to an underwriting greement between Stanmore and Petra Capital, the key terms of which are summarised in the Annexure. Delayed Quote This is an excerpt of the original content. nasdaq.com - August 11 at 9:19 PM. Stanmore Resources Limited engages in the exploration, development, production, and sale of metallurgical coal in Australia. Forward-looking statements may generally be identified by the use of forward-looking words such as "believe", "aim", "expect", "anticipate", "intending", "foreseeing", "likely", "should", "planned", "may", "estimate", "potential", or other similar words. Australian resources company Stanmore Resources has agreed to purchase the remaining 20% stake in a metallurgical coal joint venture (JV) in Queensland, Stanmore SMC, from Mitsui for $380m. Mr Latimore has a Master of Business Administration (Executive) from the Australian Graduate School of Management, and a Bachelor of International Business from Griffith University. Trying to match the Inflation Reduction Act [in the United States] is a losing proposition. Stanmore Resources Limited (ASX:SMR) Save.
ASX news - Stanmore Please select which sections you would like to print: Kimberly Daul holds a Master of Architecture from UCLA and a Bachelor of Science in Architecture from the University of Illinois at Urbana-Champaign. His recent roles include General Manager Operations for a 4Mta thermal coal open cut contracted operation in Colombia and General Manager Integrated Planning (mine, rail and port) for a large met coal project in Mozambique.
Stanmore Resources Ltd. Research & Ratings | SMR | Barron's SMR News Today | Why did Stanmore Resources stock go up today? - MarketBeat Return vs Market: SMR exceeded the Australian Market which returned 8.6% over the past year. The entire feature runs some 4.5 km (about 3 miles) from the Opra Bastille to the Bois de Vincennes. Media Centre BHP completes the divestment of its BMC interest 03 May 2022 BHP has today completed the sale of its 80 per cent interest in BHP Mitsui Coal (BMC) to Stanmore SMC Holdings Pty Ltd, a wholly owned entity of Stanmore Resources Limited (Stanmore Resources). Your application for New Shares is subject to all requisite authorities and clearance being obtained for Stanmore to lawfully receive your Application Monies. - 02:10:39 2023-06-30 am EDT. 12% discount to the last closing share price on 2 March 2022; 8.4% discount to the 5- day volume weighted average share price on 2 March 2022; and 3.9% discount to the theoretical, Stanmore Resources Limited Announces Resignation of Mark Trevan as Non-Executive Director, Stanmore Resources Limited Appoints Murray Smith as Alternate Director, Stanmore Resources Produces Over Four Million Tonnes of Coal in Q1, Yancoal Reportedly Leads Race to Purchase BHP's Coal Operations, Stanmore Versus Coronado: Higher Margins Rule, Stanmore Resources 2022 Profit Jumps on Higher Coal Prices, Sales, Stanmore Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2022, Stanmore Settles $100 Million to Acquire 80% Stake in BHP Mitsui, Japan's Mitsui lifts FY profit f'cast on strong LNG trading, weaker yen, Stanmore Resources Limited Announces Coal Resources and Reserves Update, Stanmore Resources Limited Provides Consolidated Production Guidance for the Second Half of 2022, Stanmore Resources Limited Announces Consolidated Operating Results for the Quarter and Year to Date Ended September 2022, Stanmore Resources Limited Announces Consolidated Sales Results for the Quarter and Year to Date Ended September 2022, NRW Subsidiary Secures $41 Million Drilling Contract from Stanmore Resources, Golden Energy's Stanmore Resources Acquires Remaining 20% Stake in Stanmore SMC; Shares Zoom 8%. The Chair address and CEO address are available, A result call was held on Friday, 12 August 2022. It occupies a depression hollowed out by the Seine, and the surrounding heights have been respected as the limits of the city. Stanmore Resources Limited is Australia-based coal company. It also exports metallurgical coal.
SMR.AX - Stanmore Resources Limited - Yahoo Finance Investors should satisfy themselves of any possible tax consequences by consulting their professional tax advisor. Non-Executive DirectorJoined October 2019. All rights reserved. Mr Suseno is a Certified Public Accountant in both Australia and Singapore, graduated with a Bachelor of Commerce Degree from the University of Western Australia, Graduate Diploma in Tax from the University of Melbournes Law Masters program, as well as a Postgraduate Diploma in Business from Curtin University. The Entitlement Offer is available to all registered shareholders who hold shares on the Record Date with a registered address in Australia, New Zealand, Singapore or certain other foreign jurisdictions determined by the Directors of Stanmore as described in the Investor Presentation released to ASX at the same time as this announcement ("Eligible Shareholders").
Any offer is not made to you with a view to the Entitlements or the New Shares being subsequently offered for sale to any other party. The Company control, operates and has ownership interests in the Isaac Plains Complex, South Walker Creek, and Poitrel metallurgical coal mines, as well as in the undeveloped Wards Well, IsaacPlains South projects, in Queensland's prime Bowen Basin Region. This release has been prepared without taking into account the objectives, financial or tax situation or needs of individuals. In conjunction with this announcement, the Company has today released to ASX a Cleansing Notice (in accordance with section 708AA(2)(f) of the Corporations Act 2001 (Cth)), an Investor Presentation and an Appendix 3B (New Issue, ForAnnouncement) in connection with the Entitlement Offer. While every effort has been made to follow citation style rules, there may be some discrepancies. He is currently Director of the Mining Industry Safety & Health Centre, part of the Sustainable Mining Institute at the University of Queensland. My expectation is with critical minerals [in Australia] you select the top two or three in terms of feasibility, who are willing to invest capital up front, and get them to become successes, and then scale the industry up. The modern city has spread from the island (the le de la Cit) and far beyond both banks of the Seine. u der New Zealand law is required to contain. Their combined experience and industry knowledge has led to a number of successful mergers and acquisitions which will complement Stanmore Resources planned corporate growth strategy. Sign up for free newsletters and get more CNBC delivered to your inbox. She was a Board member of Loreto Nedlands, and Chair of its Finance Committee from 2016-2021. I did see some criticism that the new strategy didnt contain even more by way of subsidies, Mr Henry said. There are on-sale restrictions in Singapore that may be applicable to investors who acquire Entitlements or New Shares. Mr Kuhlcke has more than 25 years multi-disciplinary experience in both Australia and South Africa, including 12 years experience in the open-cut mining industry in Queensland. While BHP has been opposed to the tax rises in Chile, where it operates several large copper mines, Mr Henry said negotiations there were respectful and it focused on understanding and collaboration. 5 /6. Joined January 2022, General Manager Operations Poitrel Mine These announcements will be available from the ASX website (at www.asx.com.au) and Stanmore's website (at www.stanmore.net.au). Ms Palaszczuk, releasing the states own critical minerals strategy, rejected suggestions the royalties move would cost investor or miner faith in Queensland. ASX:SMR Debt to Equity History May 1st 2023 Stanmore SMC Holdings Pty Ltd, a wholly owned subsidiary of Stanmore Resources Limited (Stanmore Resources), has agreed to acquire 100 per cent of the . f reign selling restrictions with respect to the Entitlement Offer. city, 2,145,906; (2020 est.) Adaptation to the problems of urbanizationsuch as immigration, housing, social infrastructure, public utilities, suburban development, and zoninghas produced the vast urban agglomeration.
Stanmore Resources Ltd. Advanced Charts | SMR | Barron's Stanmore Resources Limited (ASX:SMR) completed the acquisition of remaining 20% stake of Stanmore SMC Holdings Pty Ltd from Mitsui & Co., Ltd. (TSE:8031) and Mitsui & Co. (Australia), Ltd. Stanmore Resources Secures FIRB Approval for 20% Stake Acquisition in BHP Mitsui Coal, Stanmore Resources Limited(ASX:SMR) added to S&P Global BMI Index, Australian shares end lower as miners, tech stocks weigh, Stanmore Resources Swings to H1 Profit on Higher Coal Sales, Prices; Shares Jump 6%, Mitsui & Co. to Sell 20% Stake in Australian Coal Business for US$380 Million, Stanmore to buy Mitsui's 20% stake in Queensland coal venture for $380 mln, Stanmore Resources to buy Mitsui's 20% stake in BHP JV for $380 million. M Resources also operates metallurgical coal mines in Queensland, Australia. Pariss site at a crossroads of both water and land routes significant not only to France but also to Europe has had a continuing influence on its growth. In the event that you are not an investor falling within any of the categories set out above, please return this document immediately. Mr Pires brings a wealth of global experience in both open cut and underground coal mining which will assist Stanmore Resources in further improving its operating practices, and creating a low-cost, driven organisation with a strong performance focus, and transparent systems and processes. In this case, both the outcome and the process have meant for BHP that we have opportunities to invest for better returns and lower risk elsewhere, Mr Henry added. Under Napoleon III, who had been impressed by Londons parks while living in Britain, two ancient royal military preserves at the approaches to Paris were made into English parksthe Bois de Boulogne to the west and the Bois de Vincennes to the east. Queensland had an abundance of critical minerals for batteries and steelmaking coal, she argued. Download. Golden Energy's Stanmore Resources to Acquire BHP's Stake in Metallurgical Coal JV. 2023 Stanmore Resources Limited. As such, investors are advised to acquaint themselves with the SFA provisions relating to resale restrictions in Singapore and comply accordingly. As you can see below, at the end of December 2022, Stanmore Resources had US$604.1m of debt, up from US$75.3m a year ago. South Walker Creek is an open cut mine located 35 kilometers (kms) west of Nebo in Queensland's Bowen Basin.
Stanmore Resources Limited (STMRF) - Yahoo Finance Statements that describe Stanmore's objectives, plans, goals or expectations are or may be forward-looking statements. Paris weather can be very changeable.
He is also a Member of the Institute of Chartered Accountants in Australia & New Zealand, and a Member of the Australian Institute of Company Directors (AICD). Mr Suseno was previously an Executive Director and Chief Financial Officer of Straits Corporation Group, which was then part of the SGX-listed coal mining company Straits Asia Resources Limited. He said some support such as subsidies should be given for smaller companies in developing the strategy.
Paris le-de-France destination - official website | VisitParisRegion Stanmore Resources Ltd SMR.AX Latest Trade 2.58 AUD 0 0.00% As of Jun 28 2023. Stanmore Resources is a 50% shareholder in the Millennium and Mavis Downs Mine and holds a number of additional high-quality prospective coal tenements located in Queensland's Bowen and Surat basins. They write new content and verify and edit content received from contributors. Under Roman administration, in the 1st century bce, the original site on the le de la Cit was designated the capital of the Parisii tribe and territory. Mike Henry said the Queensland compares unfavourably to Chile when it comes to "respectful" discussions about mining royalties, in a rebuke delivered in front of a home crowd in the resources . Most of the parks and gardens of the modern central city are on land that formerly was reserved for the kings on the old citys outskirts. Return vs Industry: SMR exceeded the Australian Metals and Mining industry which returned 14.6% over the past year. Given the company's impressive performance, we decided to study its financial indicators more closely. Mr Trevan has extensive experience in the coal mining industry in Queensland and internationally. In Australia, he led the implementation of the Anglo American Operating Model with a business improvement and operational excellence focus. The Company's principal activities is exploration, development, production and sale of metallurgical coal in Queensland, Australia. Additional information regarding the ability to pay in US$ will be set out in the Offer Booklet. Stanmore Resources Limited ACN 131 920 968 (ASX:SMR) ("Stanmore") advises that the retail component of its underwritten accelerated renounceable entitlement offer (with retail rights trading) of new fully paid ordinary shares in Stanmore, announced on 3 March 2022 ("Entitlement Offer"), opens today. BHP today announced it has signed a Share Sale and Purchase Agreement to divest its 80 per cent interest in BHP Mitsui Coal (BMC), an operated metallurgical coal joint venture in Queensland. You go with 30, theyre all going to fail.. Stanmore Resources Limited ("Stanmore" or the "Company") (ASX:SMR) is pleased to announce a proposed A$694 million partially underwritten 7 for 3 pro-rata accelerated renounceable entitlement offer, with retail rights trading ("Entitlement Offer"), of new fully paid ordinary shares in Stanmore ("New Shares") at an offer price of A$1.10 per New S. The city proper is small; no corner is farther than about 6 miles (10 km) from the square in front of Notre-Dame Cathedral. In particular, you should consider the risk factors outlined in the Investor Presentation which could affect the financial and operating performance of Stanmore or the value of your investment in Stanmore. None of the Entitlements or the New Shares have been, or will be, registered under the U.S. Securities Act of 1933 ("U.S. Securities Act") or the securities laws of any state or other jurisdiction of the United States and may not be offered or sold, directly or indirectly, in the United States or to any person acting for the account or benefit of any person in the United States (to the extent such person is acting for the account or benefit a person in the United States), except in transactions exempt from, or not subject to, the registration requirements of the U.S. Securities Act and applicable ecurities laws in any state or other jurisdiction of the United States. shareholders the opportunity to sell some or all of their entitlements in order to realise value for those entitlements. General Manager Operations Isaac Plains ComplexJoined February 2021. Follow the topics, people and companies that matter to you. We want to hear from you. Paris . The Company's principal activities is exploration, development, production and sale of metallurgical coal in Queensland, Australia. You are cautioned not to place reliance on any forward-looking statement, and all forward-looking statements attributable to Stanmore or any person acting on their behalf are qualified by this cautionary statement. Key dates of the Entitlement Offer are provided in the Indicative Timetable below. He holds a Bachelor of Commerce, Honours (First Class) from the University of Canterbury in New Zealand and a Diploma of Surface Operations Management. He has held General Counsel and Company Secretarial roles for listed and large multinational companies. The Company control, operates and has ownership interests in the Isaac Plains Complex, South Walker Creek, and Poitrel metallurgical coal mines, as well as in the undeveloped Wards Well, IsaacPlains South projects, in Queensland's prime Bowen Basin Region.
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