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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.

24 June 2026registration revoked● NeutralMajor

ASX removed Hartshead from the official list at close of trading on 24 June 2026, following the scheme implementation. It ends Hartshead's ASX listing.

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23 June 2026business combination▲ GoodMajor

Scheme implemented 23 June 2026: all shares transferred to ACAM, cash of A$0.014 per fully paid and A$0.0007 per partly paid share sent to holders. Tarratt and Lude resigned; Michael Allen and Matthew Foy joined the board. Delisting applied for.

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12 June 2026other● Neutral

Updated re-release of the 12 June announcement that the scheme is legally effective, now with the court orders attached. Same content otherwise.

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12 June 2026other● Neutral

ASX notice that HHR securities are suspended from close of trading on 12 June 2026, following lodgement of the court orders approving the ACAM scheme. Administrative.

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12 June 2026business combination● Neutral

Scheme became legally effective on 12 June 2026 after court orders were lodged with ASIC. Trading suspended from close that day; payment still due 23 June.

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11 June 2026business combination▲ GoodMajor

Court approved the ACAM scheme on 11 June 2026. Shareholders are due A$0.014 per fully paid share and A$0.0007 per partly paid share on 23 June for holdings at the 16 June record date. Shares to be suspended after 12 June.

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9 June 2026other● Neutral

Chairman's address for the 8 June scheme meeting, released under listing rules. The extracted text covers only procedure and logistics; no vote result is in it.

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4 June 2026other● Neutral

Notice that the court hearing to approve the scheme is set for 11 June 2026, if shareholders approve on 8 June. Administrative notice of the process for objecting.

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7 May 2026other● Neutral

Scheme booklet dispatched to shareholders on 7 May 2026. Directors cite premium, certainty of cash value and avoiding future dilution from development funding. Repeats the 'not fair but reasonable' expert view; vote on 8 June.

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30 Apr 2026business combination● NeutralMajor

Scheme booklet registered. Independent expert BDO concluded the A$0.014 offer is 'not fair but reasonable', so in shareholders' best interests absent a superior proposal. Directors still unanimously recommend a yes vote; they hold about 10.27%. Vote is 8 June.

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30 Apr 2026other● Neutral

Western Australian Supreme Court ordered a shareholder meeting to vote on the ACAM scheme, set for 8 June 2026, and approved sending out the scheme booklet. Procedural step towards the A$0.014 per share cash deal.

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30 Apr 2026quarterly activities report● Neutral

March 2026 quarter report: restates the ACAM scheme at A$0.014 per share (about A$40m), the board's recommendation and the expected timing. No new operating results in the extracted text.

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17 Apr 2026other● Neutral

Timetable delayed again: first court hearing 29 April, vote early June, implementation late June 2026. The UK regulator (NSTA) consent condition is satisfied, valid if the scheme completes by 7 July 2026.

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16 Mar 2026half year report● Neutral

Half-year to 31 December 2025: net loss A$555,414, cash A$13.97m, net assets A$32.25m. Recaps the RockRose well carry deal (interest 40% to 35%), the licence extension to 30 November 2027 and the ACAM scheme at A$0.014 per share.

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23 Feb 2026other● Neutral

Scheme timetable pushed back: booklet and independent expert report (BDO Corporate Finance) now due early April 2026, vote early May, implementation late May 2026. Dates are indicative. Still within the first-half 2026 target from the December deal.

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30 Jan 2026quarterly activities report● Neutral

December 2025 quarter report: restates the ACAM scheme at A$0.014 per share (133% premium, about A$40m) and the board's recommendation. Cash is over A$22m per the text, net of payables. Mostly repeats known events.

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23 Dec 2025business combination▲ GoodMajor

Hartshead signed a binding deal for ACAM to buy 100% via scheme of arrangement at A$0.014 cash per share, a 133% premium to A$0.006, valuing it at about A$40m. Directors recommend it, subject to an independent expert and no superior proposal. Expected completion is the first half of 2026.

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13 Nov 2025regulatory community update▲ GoodMajor

The regulator granted a two-year extension to Phase C of the P2607 licence, to 30 November 2027, as requested in September. The third term is shortened by 24 months. It resolves the extension request tied to the RockRose carry deal.

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31 Oct 2025quarterly activities report● Neutral

September 2025 quarter report: recaps the RockRose well carry deal (interest cut from 40% to 35%) and the licence extension request. It quotes the carry budget as A$47.5m, versus A$48.3m in the 1 September announcement. Otherwise restates known events.

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30 Sept 2025annual report● Neutral

2025 annual report: the CEO says the company is minimising UK investment until conditions improve, has cut overheads, and has suspended spending on the 33rd Round licences pending an unresolved judicial review. He cites the RockRose well carry deal and expects the P2607 licence extension.

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30 Sept 2025annual report● Neutral

Appendix 4G governance checklist for the year to 30 June 2025, pointing to the corporate governance statement on the website. Administrative filing with no new business information.

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8 Sept 2025agm notice● Neutral

Administrative notice: the AGM will be held on 6 November 2025, with director nominations closing 15 September 2025. No substantive news.

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1 Sept 2025other● Neutral

ASX lifted the trading suspension from the start of trading on 1 September 2025, after the well carry agreement announcement was released. Administrative notice only.

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1 Sept 2025farm in farm out agreement● NeutralMajor

RockRose will fully fund Hartshead's share of the Phase C well work on P2607, budgeted at A$48.3m. In return Hartshead's interest falls from 40% to 35%, and the development carry drops from US$96.8m to US$79.1m. A two-year licence extension is sought. It resolves the June talks.

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28 Aug 2025other● Neutral

At Hartshead's request, ASX suspended its shares pending an announcement on a well carry agreement for the P2607 licence, following a trading halt on 26 August. The suspension was due to last no later than 1 September.

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31 July 2025quarterly activities report● Neutral

June 2025 quarter report: recaps the 8 May and 13 June pause in joint operating agreement timelines while talks with RockRose continue. Exploration spend was A$0.25m and related-party payments A$326,905. No resolution yet; mostly restates known events.

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13 June 2025joint venture update● Neutral

Hartshead says P2607 talks with RockRose continue in good faith and the pause on joint operating agreement timelines, first announced 8 May, continues. No resolution yet and no new terms disclosed.

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8 May 2025joint venture update● Neutral

RockRose's lawyers proposed pausing the P2607 joint operating agreement timelines for 28 days to allow commercial talks on Hartshead's 7 February programme and budget. Hartshead says it is engaging constructively and keeping its legal rights. This follows the JV's earlier reluctance on the Saturn Banks route.

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30 Apr 2025quarterly activities report● Neutral

March 2025 quarter report: the revised concept report for the Saturn Banks export route has gone to the regulator, and pipeline funding talks are described as well advanced. Cash is over A$15m plus over A$4m in financial investments. Largely restates known developments.

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25 Mar 2025other● Neutral

Administrative notice: registered office and principal place of business moved to Unit 64, 89 Aberdeen Street, Northbridge WA. No substantive news.

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