Inactive Instrument

MONM RESO

Equities

MR1

AU0000100331

Montem Resources Limited announced that it expects to receive AUD 2.986016 million in funding

December 19, 2021

Montem Resources Limited announced a private placement of 58,549,326 common shares at an issue price of AUD 0.051 for gross proceeds of AUD 2,986,015.626? on December 20, 2021. The transaction will include participation from sophisticated or professional investors. The transaction is expected to close on December 23, 2021. The transaction is subject to shareholder approval in meeting to be held on February 16, 2021. The Company will issue 2,941,176 shares for AUD 150,000 to Chairman Mark Lochtenberg, or his associates.

Latest news about MONM RESO

Montem Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2023	18/09/23	CI
Montem Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2022	01/05/23	CI
Montem Resources Limited Auditor Raises 'Going Concern' Doubt	30/04/23	CI
TransAlta Corporation completed the acquisition of 50% interest in Tent Mountain Renewable Energy Complex from Montem Resources Limited.	25/04/23	CI
TransAlta Corporation completed the acquisition of 50% interest in Tent Mountain Renewable Energy Complex from Montem Resources Limited for approximately CAD 25 million.	23/04/23	CI
Montem Resources Files for ASX Delisting	09/03/23	MT
TransAlta Corporation entered into an agreement to acquire 50% interest in Tent Mountain Renewable Energy Complex from Montem Resources Limited for approximately CAD 24.7 million.	15/02/23	CI
Montem Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2022	13/09/22	CI
3,792,897 Options of Montem Resources Limited are subject to a Lock-Up Agreement Ending on 27-AUG-2022.	26/08/22	CI
6,767,898 Performance Rights of Montem Resources Limited are subject to a Lock-Up Agreement Ending on 27-AUG-2022.	26/08/22	CI
35,185,568 Ordinary Shares of Montem Resources Limited are subject to a Lock-Up Agreement Ending on 27-AUG-2022.	26/08/22	CI
Montem Resources to Seek ASX Approval for Lifting Trading Suspension	23/08/22	MT
Montem Resources Enters Framework Agreement with the Piikani Nation	27/07/22	CI
Montem Enters MOU with Invest Alberta to Establish Tm-Rex	18/04/22	CI
Montem Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2021	29/03/22	CI
Montem Resources Limited Auditor Raises 'Going Concern' Doubt	28/03/22	CI
Montem Resources Limited Provides Progress Update on its Tent Mountain Renewable Energy Complex in Alberta, Canada	22/02/22	CI
Montem Resources Raises $2 Million for Canadian Renewable Energy Complex	20/12/21	MT
Montem Resources Limited announced that it expects to receive AUD 2.986016 million in funding	19/12/21	CI
Montem Resources Limited Appoints Will Bridge to Lead Energy Transition Steering Committee	24/10/21	CI
Montem Resources Limited Announces Plans to Transition Its Tent Mountain Project in Alberta, Canada	18/10/21	CI
Montem Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2021	09/09/21	CI
7,532,686 Ordinary Shares of Montem Resources Limited are subject to a Lock-Up Agreement Ending on 27-AUG-2021.	26/08/21	CI
Montem Resources Limited Completes a JORC Resource Estimate Update for the Chinook Project	02/08/21	CI
Montem Resources' : Tent Mountain Mine Restart Project in Canada to Undergo Federal Impact Assessment	29/06/21	MT

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Company Profile

Montem Resources Limited is an Australia-based steel making coal and renewable energy development company. The Company owns and leases coal tenements and freehold land in the Canadian provinces of Alberta and British Columbia. The Company's projects are located in the Crowsnest Pass, of southwest Alberta, Canada. Its projects include Ten Mountain Mine Redevelopment Project and the Chinook Project that are estimated to contain 232 million tons (mt) of in-place coal resources. The Tent Mountain Mine project is located in both Alberta and British Columbia with the closest municipality, Coleman, located approximately 16 kilometers (km) to the east. The mine covers an area of approximately 1,700 hectares (ha). The Chinook Project is in the Crowsnest Pass of southwest Alberta. The Chinook Project covers an area of approximately 10,000 hectares (ha), contains three underground mines, such as Vicary, McGillivray and International. Greenfield Projects include Isola, 4-Stack and Oldman projects.

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