Past year: ▼ 66%(6.70c – 19.5c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
25 Sept 2015security holder rights change● Neutral
Escrow release notice: 4,000,000 shares free from restriction on 12 October 2015 and 5,055,680 on 16 October 2015. This is the scheduled release of the 12-month parcels flagged earlier, so more shares become tradable.
10 Sept 2015other● NeutralMajor
Kaili incorporated two wholly owned subsidiaries, Kaili Gold Pty Ltd and Kaili Iron Pty Ltd, to hold new tenements as it plans to grow into gold and iron ore exploration. This signals a new direction beyond its coal and diamond ground.
5 Aug 2015half year report● Neutral
Half-year report to 30 June 2015 repeats the quarter's position: all 2015 tenement expiries renewed to 2016, Queensland drilling program finalised, and WA work awaiting native title talks and Kimberley Land Council review. Only the first pages were readable; no financials seen.
30 Mar 2015other● Neutral
ASX lists the documents released as pre-reinstatement disclosure ahead of quotation on 31 March 2015. It is an index of the documents that follow, with no new information of its own.
30 Mar 2015other● Neutral
Escrow statement: 24,244,570 shares are restricted, including 11,688,889 for 24 months from quotation and three parcels for 12 months from Oct and Dec 2014.
30 Mar 2015other▲ GoodMajor
ASX says the suspension in place since 2009 will be lifted from 31 March 2015 after the company re-complied with Chapters 1 and 2 of the Listing Rules. This resolves the long-running re-quotation thread.
30 Mar 2015regulatory community update● Neutral
Renewal applications were lodged for WA tenements E04/1433 and E04/1436 (expiring April 2015) and Queensland EPC1539 (expiring 5 August 2015), each for 2 years. Decisions may not come until after expiry dates.
30 Mar 2015other● Neutral
Distribution schedule at 23 March 2015: 1,150 holders of 74,022,345 shares, with 26 holders each above 100,000 shares holding 90.38% of the capital. Meets the spread requirement for re-quotation.
30 Mar 2015other● Neutral
Re-release of the share trading policy already lodged on 10 February 2015, covering insider trading rules for directors and employees. No new information.
30 Mar 2015other● Neutral
Top 20 holders as of 23 March 2015: Treasure Unicorn holds 34,065,197 shares (46.02%), Mile Ocean 9,692,222 (13.09%), and ASF Group 2,200,000 (2.97%). The top 20 hold 89.83% of the 74.0m shares.
30 Mar 2015other▲ Good
ASX notice confirms reinstatement on 31 March 2015 at 10:04:30am, with 74,022,345 shares quoted under code KLR. Suspension dated 31 July 2009. Lists restricted shares (11,688,889 for 24 months; others 12 months) totalling about 24.2m.
30 Mar 2015other● Neutral
ASX mining-entity checklist pointing to where the prospectus covers JORC reporting, competent person and independent geologist's report (pages 14 to 54). Administrative cross-referencing only; no exploration results given in the readable text.
30 Mar 2015other● Neutral
Formal ASX listing application (Appendix 1A) to quote 74,022,345 fully paid ordinary shares. Standard form of warranties and agreements; no new business information beyond the share count.
30 Mar 2015other● Neutral
ASX checklist for foreign entities pointing to where the prospectus covers Bermuda incorporation, shareholder rights and accounting standards. Administrative only, with no new business information.
30 Mar 2015other● Neutral
Company secretary confirms to ASX that the company complies with the Listing Rules, in particular rule 3.1 on continuous disclosure. A short compliance letter with no other content.
30 Mar 2015other● Neutral
Corporate governance statement. Board is one non-executive (William Kuan) and two executives (Jianzhong Yang, Kelly Yang); it does not meet independence recommendations, citing cost. Chairman is the largest shareholder.
10 Feb 2015other● Neutral
Share trading policy governing dealings in company shares by directors and employees, including insider trading rules. A standard governance document with no new business or financial information.
5 Feb 2015capital raising announcement● NeutralMajor
Prospectus dated 5 February 2015 lodged with ASIC, the offer document for the planned public offer to meet ASX re-admission requirements, following the Q1 2015 plan. Only the cover, directory and contents are readable here, so offer size and price cannot be reported.
30 Jan 2015quarterly activities report▲ GoodMajor
December 2014 quarter: A$2.278m raised from share issues, operating outflow of A$272K, and A$80K of consultant fees settled with 4m shares. Cash rose to A$2.4m, from A$414K.
30 Jan 2015annual report● Neutral
2014 annual report: chairman says shares are still suspended and the priority is ASX re-quotation. A prospectus is planned for Q1 2015, requiring shares issued at no less than A$0.20 and a spread of holders, with no guarantee. About A$2.278m was raised at up to A$0.15.
12 Jan 2015other● Neutral
Omnitech is now Kaili Resources Limited, ASX code KLR, from 12 January 2015. Shareholders approved the name at the 6 August 2014 AGM, resolving the open name-change thread. New Sydney address given.
28 Aug 2014half year report▼ Bad
Half-year to June 2014: no revenue and a loss of A$223,234, versus a A$317,017 profit a year earlier. Net assets rose to A$808,234 after the ASF Kaili purchase, with no liabilities beyond A$47,279 payables.
7 Aug 2014director officer appointment● Neutral
Director and secretary Dongmei Ye resigns. William Kuan, also a director of ASF Group (the seller of ASF Kaili), becomes a director, and Ran Pang becomes company secretary.
21 May 2014other● Neutral
Registered office and contact details in Australia moved to Suite 2, 3B Macquarie Street, Sydney. Administrative only.
24 Apr 2014director officer appointment● Neutral
Repeats the 21 April board changes and adds that no director remuneration is paid, incoming directors have no employment contracts, and no fees are owed to those who resigned.
22 Apr 2014director officer appointment● NeutralMajor
Chairman Yuanqing He and Managing Director Wing Onn Chong resign. Jianzhong Yang becomes director and Chairman, and Kaiyuan Yang joins the board, replacing the leadership in place since the coal purchase.
22 Apr 2014annual report● Neutral
2013 annual report lodged; only the title page is readable here, so no figures or content can be reported.
11 Apr 2014asset acquisition disposition▲ GoodMajor
Omnitech agrees to buy 100% of ASF Kaili Resource, holding two Western Australian tenements (E04/1433, E04/1436), for A$605,000 paid in 11m shares at A$0.055. This adds a second project beyond the Queensland coal tenements.
11 Apr 2014asset acquisition disposition● Neutral
ASF Group, as seller, says OHL will buy 100% of ASF Kaili Resource, which holds two Western Australian exploration tenements, for A$605,000 in 11m shares at A$0.055. ASF holds 20% of ASF Kaili and gets 2.2m shares.
12 Mar 2014annual report● Neutral
Cover letter sending the audited 2013 financial statements to ASX. No new figures in the text itself.
