Suite 5
12-20 Railway Road
Subiaco WA 6008
Phone +61 8 9388 6020
Fax +61 8 9388 6020
Email info@rmgltd.com.au
QUARTERLY REPORT 31 DECEMBER 2016 SUMMARYThe Company completed a capital raising in the previous quarter which resulted in the introduction of a new investor who has acquired approximately 52% of the Company and a restructured board of directors.
The Directors have settled into the role of taking the next step to utilise RMG as a platform to acquire and fund mineral projects. They are currently reviewing several opportunities which they believe will ultimately benefit the shareholders of the Company. The Company has reviewed a number of opportunities across the commodity spectrum.
During the quarter the Company resolved all outstanding creditors and is making monthly interest payments on its loan facilities in accordance with the previously released transaction agreements.
Mr Chris Dai was appointed CEO of the Company, effective 1 September 2016. Mr Dai resigned on the 22nd November 2016 for personal reasons. The Company has appointed Mr John Zee to fill the vacant board position. Mr Zee has worked in the financial services industry in stockbroking, corporate advisory and capital raisings in Australia for over 30 years. His expertise in deal structuring and capital raisings for start-ups or enterprises in their various lifecycle is extensive. He has a well-established extensive network of investors across Asia for the purpose of introducing investment opportunities and corporate transactions
Corporate and FinanceThe Company has AUD$913,000 in cash and bank deposits at the end of the quarter.
Annexure 1 below is a list of the tenements held or under application by the Company in compliance with LR 5.3.3.
Ends
For further information please contact: Mr Robert Kirtlan
+61 8 6260 5952
Location of Tuina Project in Chile View of Chuquicamata Mine dumps from TuinaANNEXURE ONE - LR 5.3.3
Country | Name | Holder | Interest at beginning of quarter | Interest at the end of the quarter |
Chile, Region II | Vicuna | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Guanaco | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Santa Rosa | Minera Tunia SpA | 100% | 100% |
Chile, Region II | La Teca 1 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | La Teca 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | La Teca 3 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | La Teca 4 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | La Teca 5 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | La Teca 6 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Tuina 1 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Tuina 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Tuina 4 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Tuina 6 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Matias 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Esta 1 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Esta 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Esta Otra 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Ester | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Tuina 3 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Rosa Ester | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Paula | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Rio Seco 1 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Rio Seco 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Rio Seco 3 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Rio Seco 4 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Barriales 1 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Barriales 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Quimal 1 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Quimal 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Quimal 3 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Soren 7 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Oliver 5 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Noah | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Agnes | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Matias 4 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Molly | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Lotte | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Lisa | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Kenny | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Julie | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Greg | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Hannah | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Alejandro | Minera Tunia SpA | 100% | 100% |
Chile, Region II | La Teca 7 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Mariana | Minera Tunia SpA | 100% | 100% |
Country | Name | Holder | Interest at beginning of quarter | Interest at the end of the quarter |
Chile, Region II | Suerte | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Esta Otra 1 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Peter | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Mayo 4 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Mayo 5 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Mayo 6 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Mayo 7 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Santa Rosa 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Abril 1 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Abril 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Abril 3 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Abril 4 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Abril 5 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Abril 6 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Febrero 1 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Febrero 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Febrero 3 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Febrero 4 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Febrero 5 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Febrero 6 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Febrero 7 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 1 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 2 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 3 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 4 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 5 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 6 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 7 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 8 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 9 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 10 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 11 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 12 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 13 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 14 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 15 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 16 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 17 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 18 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 19 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 20 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Marzo 21 | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Junio | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Rob | Minera Tunia SpA | 100% | 100% |
Chile, Region II | Andrew | Minera Tunia SpA | 100% | 100% |
RMG Limited published this content on 31 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 January 2017 01:14:02 UTC.
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