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Golden Energy & Resources (GEAR)
Offer
GEAR’s IFA calls revised offer ‘fair and reasonable’
The revised offer was said to “fall within or above” the IFA’s estimated range of the share values.
May 18, 2023
Offer
GEAR’s board raises takeover offer to 18.1 cents per share; all-cash consideration offer upped to 97.3 cents
The offer was revised after several factors, such as GEAR's financial performance for the FY2022, were considered.
March 19, 2023
Offer
SIAS urges GEAR's board to revise privatisation offer
"Shareholders feel that what is on the table is too low to be remotely described as fair to minorities"
March 01, 2023
Results
Golden Energy and Resources reports 'significant improvement' in revenue and earnings for 2HFY2021 and FY2021
GEAR's results will be released on or around Feb 18.
February 10, 2022
Corporate moves
Profiting from coal play despite a murky future
While coal companies attempt to figure out how they can pivot to a renewable future, will investors buy into their plans?
January 27, 2022
Mining
Golden Energy and Resources buys remaining stake in Stanmore-linked company for US$30 million
Gear will buy out the 20.33% or 32.55 million shares in Global Investments (Australia) held by the Ascend Global Investment Fund.
December 10, 2021
Mining
Golden Energy and Resources subscribes to A$15 mil placement in Canada-based coal company
The company is subscribing to a placement for 33.3 million new shares in the ASX-listed Allegiance Coal.
May 03, 2021
Company in the news
Golden Energy and Resources to sell 4.5% of GEMS sale shares it owns for US$50 mil
The transaction is to enable GEMS to meet the Free Float Requirement and resume trading of GEMS shares on the IDX.
March 12, 2021
Mining
Golden Energy and Resources disposes 4 mil shares in Westgold Resources for A$9 mil
The disposal was completed via an on-market sale on Friday (July 3).
July 06, 2020
Commodities
Coal's long winter of discontent
“We don’t have a global outlook for coal, but if we did, it would be negative,” says Benjamin Nelson, an analyst at Moody’s Investors Service.
June 19, 2020