ASX
178 days, 6 hours ago 
OAR
Oar Resources Limited
Change of Company Name to Core Energy Minerals Ltd
Oar Resources Limited (ASX: OAR) has officially changed its name to Core Energy Minerals Ltd following shareholder approval at the Annual General Meeting.
ASX
180 days, 8 hours ago 
OAR
Oar Resources Limited
Completion of Share Consolidation
Oar Resources Limited (ASX:OAR) has completed a 20:1 share consolidation and will commence post-consolidation trading on December 12, 2024, under its existing ticker symbol.
ASX
188 days, 2 hours ago 
OAR
Oar Resources Limited
Amended Constitution
Oar Resources Limited, soon to be Core Energy Minerals Ltd, has released its updated constitution, effective November 29, 2024, outlining details on share capital, general meetings, directors' responsibilities, and dividend policies.
ASX
192 days, 4 hours ago 
OAR
Oar Resources Limited
Consolidation & Name Change to Core Energy Minerals Ltd
Oar Resources Limited (ASX: OAR) shareholders approved a 20:1 share consolidation and a name change to Core Energy Minerals Ltd (ASX: CR3), effective December 12, 2024.
Delay expected
 
ASX
192 days, 4 hours ago 
OAR
Oar Resources Limited
Results of Annual General Meeting
Oar Resources Limited successfully passed all resolutions at its Annual General Meeting, including a name change to Core Energy Minerals Ltd.
Capital raise
 
ASX
207 days, 12 hours ago 
OAR
Oar Resources Limited
Appointment of Exploration Manager
Oar Resources Limited (ASX: OAR) has appointed Charles Nesbitt, a highly experienced uranium geologist, as its new Exploration Manager to advance its uranium projects in Brazil and Namibia.
ASX
222 days, 7 hours ago 
OAR
Oar Resources Limited
Notice of Annual General Meeting/Proxy Form
Oar Resources Limited (ASX: OAR) will hold its Annual General Meeting on November 29, 2024, to consider financial statements, director elections, a 10% placement capacity increase, and significant share issuances, including a potential 500,000,000 share capital raise and a 20:1 share consolidation.
Capital raise
 
ASX
223 days, 11 hours ago 
OAR
Oar Resources Limited
Investor Presentation
Oar Resources' October 2024 investor presentation highlights its expanding uranium and rare earth element portfolio in Brazil and Namibia, emphasizing strategic partnerships and exploration plans.
Capital raise
 
ASX
235 days, 12 hours ago 
OAR
Oar Resources Limited
Short Term Funding Secured
Oar Resources Limited (ASX: OAR) secured a \$750,000 short-term loan to fund uranium exploration in Brazil and Namibia, and evaluate new growth opportunities.
ASX
238 days, 6 hours ago 
OAR
Oar Resources Limited
Response to ASX Price Query
Oar Resources Limited (ASX:OAR) experienced a significant price increase, prompting an ASX inquiry into potential undisclosed information impacting trading.
ASX
244 days, 12 hours ago 
OAR
Oar Resources Limited
Appointment of Non-Executive Director
Oar Resources Limited (ASX: OAR) announced the appointment of Christopher Wiener as a Non-Executive Director, bringing extensive corporate finance experience to advance its uranium projects in Brazil and Namibia.
ASX
273 days, 5 hours ago 
OAR
Oar Resources Limited
Management Restructure
Oar Resources Limited (ASX: OAR) announced a management restructure, appointing Anthony Greenaway as Executive Director to lead its expanding uranium exploration program in Brazil and Namibia, while Paul Stephen resigned as Managing Director.
ASX
305 days, 0 hours ago 
OAR
Oar Resources Limited
Options Prospectus
OAR Resources Limited is offering 218,750,000 CN Options to noteholders and 60,000,000 Broker Options to the lead manager, both exercisable at $0.007 each by June 30, 2027, with no funds being raised through this offer.
Delay expected
 
ASX
306 days, 10 hours ago 
OAR
Oar Resources Limited
OAR Signs MoU with INB
Oar Resources has signed a Memorandum of Understanding with Indstrias Nucleares do Brasil (INB) to collaborate on uranium and rare earth element (REE) projects in Brazil, expanding its landholding to 880km2.
ASX
313 days, 3 hours ago 
OAR
Oar Resources Limited
Quarterly Activities/Appendix 5B Cash Flow Report
OAR Resources expands its exploration portfolio into Namibia and Brazil, focusing on uranium and rare earth elements, and raises $1 million to fund these ventures.
Capital raise
 
ASX
313 days, 5 hours ago 
OAR
Oar Resources Limited
Results of Meeting
Oar Resources Limited announces the successful passing of all resolutions at its General Meeting held on July 31, 2024, with voting conducted by poll.
Capital raise
 
ASX
335 days, 11 hours ago 
OAR
Oar Resources Limited
GBA Capital - Brazilian Resources Conference Presentation
OAR Resources is exploring for uranium and rare earth elements in Brazil and Namibia, with a portfolio of projects in highly prospective regions.
ASX
346 days, 6 hours ago 
OAR
Oar Resources Limited
Notice of General Meeting/Proxy Form
Oar Resources Limited is convening a general meeting on July 31, 2024, to seek shareholder approval for several resolutions, including ratification of prior share and option issues, approval to issue shares to related parties in lieu of director's fees, and approval for future share issuances.
Capital raise
 
ASX
376 days, 11 hours ago 
OAR
Oar Resources Limited
OAR Expands Brazilian Uranium Footprint
Oar Resources (ASX: OAR) significantly expands its Brazilian uranium exploration footprint by 283%, acquiring new tenements prospective for sandstone and sedimentary hosted uranium mineralization near historical uranium occurrences.
ASX
396 days, 5 hours ago 
OAR
Oar Resources Limited
Oar Resources - Investor Presentation
OAR Resources is advancing its diversified asset portfolio across uranium, rare earth elements (REE), and graphite projects in Namibia, Brazil, and Australia, while exploring divestment options for certain assets.
ASX
405 days, 2 hours ago 
OAR
Oar Resources Limited
Quarterly Activities/Appendix 5B Cash Flow Report
Oar Resources (OAR) expands into uranium with Namibian acquisitions and sees promising graphite test results, supported by a recent capital raise.
Capital raise
 
ASX
430 days, 10 hours ago 
OAR
Oar Resources Limited
OAR Raises $1M to Advance Uranium Exploration
Oar Resources successfully raises $1 million to advance uranium exploration in Namibia and Brazil, signaling shareholder support for the company's strategic expansion.
ASX
432 days, 10 hours ago 
OAR
Oar Resources Limited
Trading Halt
Oar Resources Limited (ASX: OAR) has requested a trading halt pending an announcement regarding a capital raising managed by CPS Capital Group Pty Ltd.
Capital raise
 
ASX
432 days, 10 hours ago 
OAR
Oar Resources Limited
Pause in Trading
Trading of the entity's securities has been temporarily paused pending a further announcement.
ASX
432 days, 10 hours ago 
OAR
Oar Resources Limited
OAR Expands Into World Class Uranium Mining Region
Oar Resources (OAR) is expanding its portfolio by acquiring uranium-prospective licenses in Namibia and pegging ground for rare earth elements (REE) and uranium in Brazil.
Capital raise
 
ASX
451 days, 4 hours ago 
OAR
Oar Resources Limited
Half Year Accounts
TODO: excerpt
OAR 
Oar Resources Limited 
ASX

Trading Halt

Sentiment:
 Trading Halt Request
 2 April 2024 7:18 PM

Oar Resources Limited (ASX: OAR) has requested a trading halt pending an announcement regarding a capital raising managed by CPS Capital Group Pty Ltd.

Capital raise
  Oar Resources is undertaking a capital raising managed by CPS Capital Group Pty Ltd.  The details of the capital raising will be announced after the trading halt is lifted. 

Summary
  • Oar Resources Limited (OAR) has requested a trading halt of its securities on the ASX.
  • The trading halt is pending an announcement regarding a capital raising.
  • CPS Capital Group Pty Ltd is managing the capital raising.
  • OAR expects the trading halt to last until the commencement of trading on Friday, 5 April 2024, unless the announcement is released earlier.
Sentiment

Score: 5

Explanation: The sentiment is neutral as the announcement is simply a request for a trading halt pending a capital raising announcement. The impact will depend on the details of the capital raising.

Risks
  • The announcement regarding the capital raising could have a positive or negative impact on the company's stock price.
Future Outlook

The company will release an announcement regarding the capital raising, which will provide further information about its plans.

Management Comments
  • Yugi Gouw, Company Secretary, stated that the trading halt is requested pending an announcement by the Company in relation to a capital raising to be managed by CPS Capital Group Pty Ltd.
Industry Context

Trading halts are a common occurrence on the ASX when companies are about to release market-sensitive information, such as details of a capital raising.

Stakeholder Impact
  • Shareholders will be impacted by the capital raising, depending on the terms and conditions.
  • The capital raising could provide the company with additional funds to pursue its projects, potentially benefiting employees and suppliers.
Next Steps
  • Oar Resources will release an announcement regarding the capital raising.
  • The ASX will lift the trading halt either when the announcement is released or at the commencement of trading on Friday, 5 April 2024.
Key Dates
  • 3 April 2024: Date of the trading halt request.
  • 5 April 2024: Expected end date of the trading halt, unless an announcement is made earlier.
Keywords
OAR 
Oar Resources Limited 
ASX
Sector: Materials
 
Filings with Classifications
Delay expected
28 November 2024 11:46 PM
Shareholder Update
  • Trading of the company's securities will be on a deferred settlement basis from December 3, 2024 to December 11, 2024, delaying the full implementation of the name and ticker change.
Capital raise
28 November 2024 11:35 PM
Annual General Meeting Results
  • Resolution 15 approved the issuance of future capital raising shares.
Capital raise
29 October 2024 10:00 PM
Annual General Meeting Notice
  • The company is seeking shareholder approval to issue up to 500,000,000 shares (pre-consolidation) in a future capital raising.
  • The issue price will be no less than 80% of the 5-day VWAP at the time of issue.
  • The funds raised are intended for debt repayment, working capital, project development, acquisition costs, and potential new acquisitions.
Capital raise
28 October 2024 5:53 PM
Investor Presentation
  • The company has limited cash on hand and may need to raise additional capital to fund its exploration activities.
Delay expected
8 August 2024 4:47 AM
Options Prospectus
  • The company experienced delays in issuing the CN Options and Broker Options, which led to an extension of the expiry date to June 30, 2027.
Capital raise
31 July 2024 2:06 AM
Quarterly Report
  • OAR successfully raised $1 million through a share placement.
  • The company may need to raise additional capital in the future to fund its exploration activities.
Capital raise
31 July 2024 12:16 AM
Results of General Meeting
  • Resolution 8 indicates approval to issue shares under Listing Rule 7.1, suggesting a potential future capital raise.
Capital raise
27 June 2024 11:21 PM
Notice of General Meeting
  • Resolution 1 seeks Shareholder ratification pursuant to Listing Rule 7.4 for the issue of the Capital Raising Securities.
  • The Company is proposing to issue up to 500,000,000 Shares at an issue price of no less than 80% of the 5-day VWAP at the time of issue per Share (Future Issue Shares) to professional and sophisticated investors who are unrelated parties of the Company (Future Capital Raising).
Capital raise
30 April 2024 2:44 AM
Quarterly Report
  • The company successfully raised AUD $1 million through a share placement.
  • The funds will be used to support environmental studies for uranium EPLs in Namibia and to grow the company's global portfolio.
  • The company may need to raise additional capital in the future to fund its operations, given its low cash reserves.
Capital raise
2 April 2024 7:18 PM
Trading Halt Request
  • Oar Resources is undertaking a capital raising managed by CPS Capital Group Pty Ltd.
  • The details of the capital raising will be announced after the trading halt is lifted.
Capital raise
2 April 2024 6:55 PM
Exploration Update
  • OAR will issue 100,000,000 fully paid ordinary shares (Tranche 1 and Tranche 2 Deferred Consideration Shares) to the Vendors (50,000,000 OAR ordinary shares per EPL) subject to confirmation in writing that EPL 9652 and EPL 9725 have both been granted.
  • On the 12-month anniversary of EPL 9652 or EPL 9725 being granted, OAR will issue an aggregate of 100,000,000 fully paid OAR ordinary shares (Tranche 3 and Tranche 4 Deferred Consideration Shares) to the Vendors (50,000,000 OAR ordinary shares per EPL).
  • Within four (4) years of EPL 9652 or EPL 9725 being granted, should OAR announce a JORC compliant uranium resource of 50M pounds at 100ppm or greater on each EPL, OAR will issue the Vendors 50,000,000 OAR ordinary shares for each EPL (Tranche 5 and Tranche 6 Deferred Consideration Shares).

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.