I just tweaked our company register, so PTN should now work @Bear77 -- but let us know if you spot anything.

(search the code PTN, but note the company name still shows as Kin Mining)

No worries @Strawman - it'll be good to have the data collated in the one place.

Here's some more:

Company Removed: Firefinch (FFX), delisted by the ASX for being continually suspended from trading for two years during which time they broke a number of the ASX's listing rules.

The main rules they broke (failed to follow) were not lodging reports on time, and the latest one was selling off their main undertaking (the Morila Gold mine in Mali) without shareholder approval, which breaches listing rule 11.2 - see note 4 on page 23 of this: https://www.asx.com.au/documents/asx-compliance/annexure-d-new-gn-12.pdf.

The reason they did that was that their settlement with the Mali government precluded a shareholder vote, i.e. the Mali government would not sign the settlement agreement if it was subject to an FFX shareholder vote, and without the agreement signed and completed Firefinch couldn't get away from the significant financial liabilities (including Morila site rehabilitation liabilities) that the Mali government claimed Firefinch had. The Mali government was stopping all activities at Leo Lithium's substantial lithium assets in Mali because Leo Lithium were the lithium assets that Firefinch owned and then spun out into Leo Lithium just before the Morila gold mine went pear-shaped - and Firefinch was a substantial shareholder of LLL (Leo Lithium) shares, so that was the ONLY leverage that the Mali government had over Firefinch, and they used that leverage to force Firefinch to negotiate (and good on them for doing that!). So Firefinch went ahead and sold the asset without shareholder approval while suspended from trading on the ASX, because they had to, or they would have gone into VA, and Firefinch still have a significant cash balance here in Australia now, so they should not be broke yet, now that they've severed all ties with Morila with the Mali Government's agreement, but the ASX has REMOVED them from the ASX list due to 2 years' continuous suspension plus breaking the rules which disqualifies them from being able to resume trading, so we won't be hearing anything further from Firefinch via the ASX announcements platform, because FFX have been removed, and they ain't coming back. They're still around, but not on the ASX any longer.

Leo Lithium (LLL) - which Firefinch still owns 17.6% of - remains suspended themselves, and according to this 10th July notice by the ASX - Long-Term-Suspended-Entities.PDF - LLL have until 19th September 2025 to comply with their own reporting requirements before they are also removed from the list.

Here's LLL's latest answer to an ASX "Please Explain" letter: LLL-Response-to-ASX-Query-Letter-09-July-2024.PDF (9th July 2024). We can't call it a speeding ticket when they haven't been trading since 14th September last year. Leo Lithium have their own issues, but they haven't been kicked off the list yet. Firefinch have - Firefinch are no longer an ASX-listed company. I mentioned them yesterday here: https://strawman.com/forums/topic/4503#post-27600 in the "Gold as an investment" forum.

Firefinch (FFX) were removed from the ASX list on July 1st (2024) and the last traded price is irrelevant because they're not worth anywhere near that much now. They are worth roughly what cash they have left, and then only if their management don't waste that and leave shareholders with nothing. So there is no known price that they could be closed out at here yet.

Company Removed: Tietto Minerals (TIE), acquired by Chinese company Zhaojin:

Date of Removal: July 6th, 2024. The notice to shareholders from Tietto (third link below) says the shares would cease to trade on 31-May-2024, however I have read elsewhere they traded through to June 6th, so one of those two dates would do. Makes no material difference, as the price is the same.

Price: A$0.68/share

Reference: https://www.mining.com/web/zhaojin-ups-stake-in-australian-takeover-target-tietto-minerals-to-52-8/

Confirmation of date and price: https://www.miningweekly.com/article/zhaojin-moves-ahead-with-compulsory-acquisition-of-remaining-tietto-shares-2024-05-24

And: https://announcements.asx.com.au/asxpdf/20240524/pdf/063wv0sfdz4070.pdf

Company Removed: Silver Lake Resources (SLR), acquired by Red 5 (RED) in a scrip for scrip deal:

Deal details: RED-SLR-Scheme-Becomes-Effective-7-June-2024.PDF

That announcement was dated 7th June, however the effective date was Wednesday 19th June, being the scheme implementation date.

The record date was Wednesday 12th June (2024).

The deal was: 3.434 Red 5 (RED) shares for every Silver Lake (SLR) share held.

So @Strawman you can close out any SLR shares that anyone holds here at $1.528 ($1.52813), being 3.434 times the $0.445 RED closing share price on 19th June (which was 1 cent per share higher than their $0.435 close on 12th June). RED closed today at 40 cps, so Strawman members are better off with the cash than the shares anyway.

In summary: Price for SLR: $1.528. Date: 19th June 2024.

I think we have established prevously that it gets fairly complicated to do scrip for scrip takeovers here, i.e. issue new shares in the acquirer (when they are ASX-listed) on the effective date of the scheme implementation, as happens in real life, because you'd have to close out the existing SLR holdings at exactly the same value as the RED shares being issued, even though the share prices would not be the same, and you have to do it on the correct date and at the correct prices, so the previous method here has mostly been to close out the position at the closest correct price (as I have calculated here) and allow people to buy shares in the acquirer with that cash if that's what they wish to do. In this case, people can still use that SLR money to buy RED shares if they want to own RED shares, and they'd actually get more of them if they did that now because RED's share price is now a little lower than it was then.

That's it for tonight.

Company removed: 92 Energy (92E) - due to being acquired by ATHA Energy Corp of Canada (TSX-listed: TSXV: SASK).

92E was acquired by TSX-listed (Toronto Stock Exchange in Canada listed) ATHA Energy Corp (TSXV: SASK) in a scrip for scrip deal - no cash - so here's the calculation:

1. Date of acquisition implementation: 11 April 2024 - see here: https://www.92energy.com/
2. The deal was 0.5834 New ATHA Shares per 92E share held;
3. ATHA closed on 11th April 2024 @ CA$0.83/share - so 83 Canadian cents per share.
4. The C$/A$ conversion rate on that date was 1.1171 according to https://au.investing.com/currencies/cad-aud-historical-data
5. The A$ price (value in A$) was therefore 0.5834 x $0.83 x 1.1171 = A$0.54 for each 92E share on 11 April 2024. ($0.5409243962)
6. So any outstanding 92E positions on SM could be closed out at 54.09 cents ($0.5409) each.

New website: https://athaenergy.com/92-energy/