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Hartshead Resources NL

ASX:HHR
A$0.014Latest close held · delayed
No price history held for this listing yet.
Market cap
—
Shares on issue
0
In-ground value
A$9.36bn
Risked multiple
—
Story beats
109 since 2011
Last event
24 June 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

23 Nov 2012capital raising announcement▲ GoodMajor

Placement of about 8.5m shares at 70 cents to raise up to $5.95m, versus 25 cents in July. Funds are for a second African project, which the company says is in advanced negotiations, or otherwise the balance sheet. Farmout talks are progressing.

What it means for a shareholder

8.5m new shares at A$0.700 to raise about A$6.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.

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6 July 2012capital raising announcement● NeutralMajor

Placement of up to 12 million shares at 25 cents to raise up to $3m, led by CPS Securities. About 6 million shares are issued now and 6 million after a mid-August shareholder meeting. Compares with the $0.20 IPO price; funds support the growth strategy.

What it means for a shareholder

12.0m new shares at A$0.250 to raise about A$3.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.

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3 Feb 2012capital raising announcement▲ GoodMajor

The $4,000,000 offer closed oversubscribed at the maximum, and ASX listing is expected 13 February 2012. Moroccan permit grant still needs ministerial signatures, which the company calls administrative, so it waived the offer conditions. A US$3,000,000 bank guarantee backs the work commitments.

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29 Nov 2011capital raising announcement● NeutralMajor

Pura Vida Energy NL (the company later known as Hartshead) issues a prospectus to raise $4,000,000 by offering 20,000,000 shares at $0.20 each, ununderwritten, led by CPS Securities. The prospectus describes the Mazagan offshore permit in Morocco and calls the shares highly speculative.

What it means for a shareholder

20.0m new shares at A$0.200 to raise about A$4.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.

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