3) ASX SHELLS MC < $5 mil +10%: issue and MC correct to ANZ securities advice 9/5/15 ADD- Total Issue 19,810,299, MC $356,585 (@1.8).Administration before acquisition is a very real possibility. AGX- Total Issue 135,790,675, MC $2,715,814 (@2)...$ 2mill cash. Couple of small things going....Thromboview and DiagnostIQ.....nothing major, holding a meeting soon to sort the issue regarding a shareholder, if resolved, will leave it as a clean shell, still has its cash held in China. Appointed a new Director who is also a director of PEH and Scintilla Strategic Investments who are a major SH. AGY - Total Issue 378,087,315 MC $1,890,437 (@.5) A graphite shell looking for technology acquisitions, Owns 100% of a graphite project and confirmed via telephony that they have been assessing technology projects. has assessed several business opportunities during the Quarter, however these were considered not acceptable. The Company is proactively working to identify and review other new project or asset acquisition opportunities, to enhance its project portfolio and increase the overall value proposition APY-Total Issue 1,159,375,100, MC $4,637,500 (@.4) Oil and Gas in West Africa. A lot of cash in the bank and management have stated they are looking at JV partners or a sale of the whole business. A major holder bought everything on offer up to the .008’s in March. ARO- Total Issue 34,902,097, MC $453,727 (@1.3). Company is evaluating new acquisitions and hopefully expects to announce concurrently with a rights issue” From the latest quarterly. AWO- Total Issue 95,265,375, MC $1,143,185 (@1.2 real wildcard...run by S Brown & L Nguyen of RLE....used to be CNS(?)...looking for a project, turned down an O&G one recently. A top 10 holder wants out i think...had 2.3m sell for a week, then disappeared....either gave up or looking for an off market sale?? AXT- The Board continues to review and evaluate potential corporate opportunities in the natural resource sector and is of the view that present market conditions will provide increased opportunities going forward at more sensible valuations than seen in recent years BGD Total Issue 312,013,675 MC $5,304,232 (@1.7) $2.3m cash Same group the did ACW Otsana Capital BMG- Total Issue 63,922,852, MC $383,537 (@.6) Tenements in Cyprus and NT. No mention of looking at acquisitions yet. BSM- Total Issue 376,105,104, MC $1,504,420 (@.4) cornerstone investor could be injecting a resource project Agreement for sale of BSM tenements has been terminated. BSP- Total Issue 530,012,680 , MC $1,060,025 (@.2) Oil in Nebraska. Matthew Wood 15.7% Jason Peterson 11.5% Brian McMaster 15% BTN- Total Issue 76,196,808, MC $457,181 (@.6) New director to be announced soon, no mention of a change of company direction. CCZ- Total Issue 422,997,732, MC $845,995 (@.2)J Peterson change of sub notice 29/4/15 (selling) which he bought plenty of at higher prices Jason Peterson 8% Matthew Wood 4% John Della Bosca 2.5% Brian McMaster is a director. Copper in Chile $400k cash. CDB - Basically has nothing - Glen Darby has just stepped as Executive to Non-Executive after the below....and IMO I don't know how he can still be involved.http://www.smh.com.au/nsw/sydney-mi...of-rape-but-granted-bail-20150516-gh31na.html Darby clan are involved with another shell GXN also. CDH- Total Issue 131,608,952, MC $394,827 (@.3) Asian shell, top 20 hold 96.65% CCF- Only 126M fpo Traditionally just a company focused on carbon initiatives, constant regulatory change and some poor projects seems to have given them a hiding. They still have some decent revs coming in the door (~$4M/yr) and around $2.5M combined short and long term debt. Recent CR was supported by all directors to around $300k, total of $520k raised for WC and reducing debt. The most interesting part is: New Business Carbon Conscious continues to evaluate opportunities in carbon, clean energy, energy efficiency and agriculture, with a particular focus on sustainable dairy projects. Whilst the Company does not have any new project developments to report, it continues to review various options with a view to complimenting its existing business and cash-flow. The strong, contracted long term cash-flow from existing projects provides a solid base for the Company to further develop new business opportunities as they present themselves. So anyway, the debt makes it a bit untidy but low shares on issue, directors putting in and chance of an attractive acquisition make it worth a place on the watchlist. If the acquisition is dairy, forget it! CHP- Awash in legal disputes and lot's to not like with this one, however "On other activities, the directors continue to pursue a number of other new and exciting opportunities in the mobile technology space. The directors hope to be in a position to inform shareholders shortly of the Company's progress in that regards" Former CEO of NGY appointed to the board. Fosters Stockbroking became SH with 13.5% Watch this space. CLA- Total Issue The Company is now actively seeking complementary and non-complementary assets, investments and businesses that have the potential to generate additional shareholder value. These other opportunities might include making investments in other sectors outside of resources. As at the date of this report, no commercial discussions are at a stage that would warrant any disclosure. CRL- Comet Resources Limited (Comet) currently has cash reserves of $1.5 million and 83,006,895. million shares on issue. Comet continues to review new project opportunities, Comet is continually evaluating opportunities to peg prospective ground. CRQ- The Company has reviewed a number of new mineral focused opportunities during the quarter and continues to look at other new businesses to grow shareholder wealth. CPD- Total Issue 64,578,250, MC $710,361 (@1.1) Mining in Colombia, and not in an area that you want to be in. No mention of a new company direction. CTT- Crest and its advisors continue to identify and evaluate potential advanced projects that might meet criteria capable of adding significant shareholder value. Donald Stephens of PTR and HFR recently appointed to the board. CVS- Total Issue 298,271,112, MC $1,491,356 (@.5) management, also run JVG. Seeking resource projects and expect to make an announcement in the near term ‘subject’ to positive outcomes. DAU - Total Issue 83,252,297, MC $1,082,280 (@1.3) holds 50% of a great gold project with Vango Mining VAN, formerly Ord River, ORD. “Throughout the quarter the company reviewed a number of stand alone projects and considerable evaluation has been performed on the most prospective”. DDD- The company continues to review new opportunities and during the quarter it reviewed several more gold and base metal projects. These projects are being assessed in the context of the Company’s overall strategy of building the asset base of the company with advanced projects that can source finance from China. DKO- Total Issue 68,333,906, MC $1,298,344 (@1.9) The Company continues to pursue new project and corporate opportunities. DLE- evaluating a range of projects outside the resource industry, including traditional power generation and renewable energy. During the period, Mr Weifeng Li resigned as a director of the Company. Mr Michael van Uffelen was appointed as a non-executive director DMA- MC = $1.5M @ 1c. Failed miner ~130k cash, another placement to come. HK soph just took a $146k placement under the name, "Cyberstore Technology Ltd" DMG - Total Issue 263,530,515, MC $4,216,488 (@1.6) trading at cash, strong mgmt, see director's Norlisck nickel project connection for potential acquisition fodder. DMI- Total Issue, 29,500,001, MC $2,183,000 (@7.4) cash = $1M end of dec qtr “Dempsy continues to work on its existing projects and trying to grow its portfolio by evaluating other opportunities in Australia and overseas. The company is also actively reviewing and pursuing opportunities in other sectors”. DRG- Total Issue 66,356,432, MC $2,123,406 (@3.2) awaiting news of a new SH or Director. Two new projects were recently negotiated but no deal was made. DUO- Total Issue 965,587,652, MC $965,588 (@.1) Steinpries (Peter wall) / Ellingford /Torney. Announced in start of May raise and consolidation. Sub holder notice on 2/7/15 J Peterson puts $125K of his skin in the game and word on the street is allegedly the 500,000 shortfall is no longer…a shortfall, look for annc to confirm. EGL- Total Issue 162,060,389, MC $2,430,906 (@1.5) more a low cap enviro stock. Air pollution reduction and gas turbine service provider, undergoing a turnaround story, strategic acquisitions and improve margins. H1 rev $11M (pcp $5M); H1 rev $306k (npat ($817k) - figures based on continuing ops. MC $4.2M.Rights issue on the 10th July to raise $785,000, The board expects our new CEO to drive the off shore business development, drawing on his solid experience in expansion of these types of businesses in overseas markets. EMG- total issue 226,991,001 MC $3,177,874 (@1.4) cash $2.262mil Gold, Iron, vanadium manganese tenements. From the Qtrly, the Company has now also expanded the review of resource projects to include the review of opportunities in the IT and Biotech sectors and is looking to add significant shareholder value, this name should ring a bell to some… Mr Faldi Ismail Director, ERL- Total Issue 249,201,475, MC $1,246,007 (@.5) Involved with many other listed companies. No mention of a new company direction but seeking more resource projects. ESM- Total Issue 84,039,679, MC $1,764,833 (@2.1) Last announcement stated they are looking at a business in the healthcare and well being sector in Asia. New director runs a company in this field. ESR- Total Issue 137,291,527 MC $686,458 (@.5) Raising capital to continue exploration of their Chilean projects. “Estrella Resources Ltd is pleased to advise that Mr Ray Shorrocks has been appointed to the Board of Directors. Mr Shorrocks has over 20 years’ experience in corporate finance and has advised a diverse range of mining companies during his career at Patersons Securities Limited, one of Australia’s largest full service stockbroking and financial services firms. He has been instrumental in managing and structuring equity capital raisings as well as having advised extensively in the area of mergers and acquisitions” EUM- Based in Myanmar looking for resources projects. Not sure what it means when a Director quits and is re-appointed a week later? Palisade Business Consulting and Apical Partners? Involved with LTX also. EVE- The company is currently evaluating several new projects to add to its portfolio of investments “Currently in advanced negotiations for an investment in a medical technology enterprise. At the present time the negotiations are incomplete and subject to conditions and commercial confidentiality. The Company will keep the market informed of any material development from the negotiations” announces that it is has received firm commitments for a capital raising of $400,000 at 0.5 cents per share from sophisticated and professional investors. The funds will be used for due diligence on new technology investments and general working capital. EXC - Total Issue 181,152,994, MC $2,173,836 (@1.2) Potential Sale of a tenement will inject 7million cash into the coffers by 25th August. No mention, besides further drilling of existing tenements, as to what they might do with I all. Didn’t dig too deep but doesn’t seem to be any debt to repay. (26/6/15) Deal fell through,and not only that, dept Mines has served forfeiture notice on some tenement in that project. (Info compliments of Sector Lead) FCN- The Company continued to review joint venture / acquisition opportunities as well as maintain its project generation strategy. FEL- has continued its stated strategy of reviewing potential investment opportunities outside its current project portfolio. A focus on commodities it believes has strong upside from potential market supply shortfall in the near to medium term. These include zinc, lead, antimony and nickel and has continued to explore avenues for third party funding or divestment of its Southern Yilgarn iron ore Projects. FRE Total Issue 1,123,676,186, MC $1,123,676 (@.1) $250k Cash Tech shell done nothing for a long time but doesn't need to change industry code FRY- Total Issue 260,658,165, MC $3,127,898 (@1.2) Share consolidation completed. Some impressive names with this one, same people involved with Spookfish and what I would call heavy hitters. FWL- Total Issue 224,819,808 MC $674,459 (@.3) currently in suspension after Padbury pulled out of a deal and left them with no money. “The Company will therefore set about identifying, evaluating and securing a new property development project. An independent expert report will also need to be prepared to comply with the Listing Rule requirements in relation to the new project. Once this work is completed, the Company will seek shareholder approval to pursue the Proposal” GBX- Total Issue? ,MC? not a dead shell but an explorer with an potential elephant IOCG project in south oz....however has P Glovac (ALA) on board, hired to scout for tech projects, just a matter of time. 6/5/15 Announces lowball placement at -50% of SP GED- Total Issue 103,514,122, MC $1,035,141 (@1) PWW/SBR-All run from same Perth Office. Made this list purely because they are the crew that did the backdoor with CVT. However none have mentioned any new direction and they are very low on cash. Coniston hold 56%. so all up to them. GLA- Total Issue 465,970,476, MC $1,863,882 (@.4) Currently in dispute with a JV resources partner GPH- Conducting DD on a precious metals project in Africa but have hit some snags and "At this stage there is no agreement, however management have concluded that should this or any other opportunity present itself that is value accretive to shareholders, then that opportunity will be pursued" GTE- In view of the present challenging market conditions, particularly for mineral exploration companies with greenfield projects, GTE is also actively seeking ‘advanced project’ acquisition opportunities, predominantly focusing on nickel or zinc. The company is currently reviewing several opportunities and any development in this regard will be announced to the market at the appropriate time. GXN- Total Issue 187,349,220, MC $749,397 (@.4), Peter Wall shell, last placement to RM Corporate Finance at $0.003, current cash $15k. Peter Wall is an existing holder, then was appointed as Director on 1st May, presumable to source and vend in a tech asset. Promoted Peter Wall to Chairman HLS - Total Issue 179,484,346, MC $717,937 (@.4) legal services, Current director of Calibre group became a SH last week, “Mr Mark Elliott is a non-executive director of Spotless Group Limited. Mr Elliott is a former partner of the international law firm Minter Ellison, specialising in corporate and securities law, and a former director of E*trade Limited, Oakton Limited and Mineral Deposits Limited. He was also a former director of legal counsel of Computershare Limited” HOG- Total Issue 288,181,421, MC $1,440,907 (@.5) Oil and Gas in Ukraine but currently considering alternate corporate transactions. IPB- Total Issue 113,668,586, MC $1,591,360 (@1.4) have been sold down to less than cash backing and have mentioned acquisitions to restore shareholder value, no mention in what sector as yet. Oil sector picking up again so this is worth watching IMO. KIK- Total Issue, 234,122,480, MC $936,490 (@.4) Announcement 9/6/15. Company attempted to sell their only asset (oil and gas in Phillipines) however failed. They have been forced to now sell the asset to shareholder/creditor to extinguish debt. If the asset sale occurs the company will have "minimal cash" and will seek "new opportunities to add shareholder value". The company already admitted in the news today they would not be able to raise additional funds in this current market so that suggests they would look outside resources for new opportunities KSO - Total Issue 834,929,348, MC $2,504,788 (@.3) Taylor Collision shell, just under $1M cash, “ During the last quarter, the Company continued to assess a number of opportunities as potential acquisitions and is encouraged by what it has seen. In this regard, the Company will make announcements to the market as appropriate should an acquisition be identified."Recent Broker selling including the underwriter TC.
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