12 Jan 2026registration revoked▼ BadMajor
ASX removed Icon Energy from the Official List under Listing Rule 17.12, effective from the start of trading on 12 January 2026. Its shares had been suspended for a continuous period of two years.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
26 Nov 2025other● Neutral
Chairman's AGM address repeats the known story: PL-1144 proposed grant, the Department's August 2025 request for information (due 16 December 2025), and joint venture talks that await the grant. Icon aims to lift the suspension before 9 January 2026, or face delisting.
24 Oct 2025annual report▼ Bad
2025 Annual Report released, with the AGM on 26 November 2025. The chairman says shares stay suspended until a joint venture partner and first-phase drilling finance are secured. If not lifted by 9 January 2026, Icon would be delisted and continue as an unlisted company.
15 Oct 2025listing compliance notice● Neutral
ASX's periodic list of long-suspended entities again includes Icon, with its 2-year deadline of 9 January 2026. The list shows no overdue reports for Icon in the text provided. Repeats earlier notices.
30 Sept 2025annual report● Neutral
Full-year accounts to 30 June 2025. Activity focused on the ATP 855 renewal, still under Department review, and the PL-1144 application, which is progressing after the 6 February 2025 proposed-grant notice. Only the start of the directors' report is shown; no financial figures are visible.
16 July 2025listing compliance notice● Neutral
ASX's periodic list of long-suspended entities. The extract shown is truncated and does not show Icon's entry; its 2-year deadline of 9 January 2026 comes from earlier notices. Repeats prior notices.
9 Apr 2025listing compliance notice● Neutral
ASX's periodic list of long-suspended entities again includes Icon, with its 2-year deadline of 9 January 2026. No overdue reports are shown for Icon in the text provided.
26 Mar 2025capital raising announcement● NeutralMajor
The third $300,000 tranche with the James super fund changes from a share subscription to an interest-free loan due by 31 March 2025. It converts to shares at $0.006 (or a market price, minimum $0.004, once trading resumes) if shareholders approve; any balance is repaid in cash by 31 December 2025.
14 Mar 2025half year report● Neutral
Half-year to December 2024: loss $537,700 (versus $644,123), cash $455,214. The development plan targets conventional gas at ATP 855, with two wells in year one, then four a year; Icon will not pursue unconventional gas or fracking. Suspension continues until new operations commence, possibly to January 2026.
6 Feb 2025regulatory community update▲ GoodMajor
Icon received a notice of proposed grant of petroleum lease PL 1144 over ATP 855, starting the native title 'right to negotiate' process. A step forward on the 30 August 2024 lease application, which is not yet granted.
30 Jan 2025quarterly activities report▲ GoodMajor
December 2024 quarter: cash $455,214, no exploration. Following AGM approval on 29 November, 100m shares were issued to the James super fund (50m for the $300k debt, 50m for $300k cash at $0.006). Renewal and lease applications still being assessed; shares still suspended.
22 Jan 2025listing compliance notice● Neutral
ASX's periodic list of long-suspended entities again includes Icon, with its 2-year deadline of 9 January 2026. No overdue reports are shown for Icon in the text provided.
28 Nov 2024other● Neutral
Chairman's AGM address repeats the known story: court win, the 30 August 2024 production lease application accepted, and confidence the suspension can be lifted. It also mentions the 12 January 2024 Mozambique term sheet with Consolidated Resources, with no status update.
28 Oct 2024quarterly activities report● NeutralMajor
September 2024 quarter: cash fell to $257,936 from $449k, with no exploration. Icon applied on 30 August 2024 for a production lease over all of ATP 855 under the new Lake Eyre Basin rules, and the government accepted the application. Renewal still under assessment.
28 Oct 2024annual report● Neutral
2024 Annual Report released, with the AGM set for 29 November 2024. The chairman says Icon invested over $65 million in ATP 855, filed the production lease application in 28 days, and is confident of lifting the suspension.
18 Oct 2024listing compliance notice● Neutral
ASX's periodic list of entities suspended over three months includes Icon, with its 2-year deadline of 9 January 2026. No overdue reports are shown for Icon in the text provided. Repeats the July 2024 notice.
11 Oct 2024capital raising announcement● NeutralMajor
A fund linked to chairman Ray James offered a $300,000 interest-free loan, to be repaid by issuing 50m shares at $0.006, plus $600,000 more in two $300,000 share tranches, all subject to shareholder approval. Cash supply for a company with $449k.
27 Sept 2024annual report● Neutral
Full-year accounts to 30 June 2024: the year's activity centred on the ATP 855 renewal, still under Department review after the Court win. Shown text is only the directors' report; no financial figures are visible in the text provided.
10 July 2024listing compliance notice▼ Bad
ASX listed Icon among entities suspended over three months, with a 2-year deadline of 9 January 2026 to resume trading or face removal from the official list. No overdue reports are listed for Icon in the text shown.
15 Mar 2024half year report● Neutral
Half-year to December 2023: loss $644,123, versus $4.36m a year earlier, which included the ATP 855 write-off. Cash was $698k. The ATP 855 renewal is still being processed, and the Consolidated Resources term sheet is flagged as conditional.
29 Jan 2024auditor change● Neutral
William Buck (Qld) was appointed auditor after Crowe Brisbane resigned with ASIC consent. The notice says the change was mutually agreed, and shareholders will be asked to ratify it at the 2024 AGM.
12 Jan 2024material agreement● NeutralMajor
Icon signed a binding term sheet with Singapore's Consolidated Resources to buy an initial 1.25% of a 30-year coal offtake from a Mozambique mine, for A$0.75m cash, 190m shares at $0.01 and A$1.2m more at completion. A move beyond ATP 855; ASX doubts it is a suitable undertaking; conditions must be met by 30 April 2024.
9 Jan 2024listing compliance notice▼ BadMajor
ASX suspended Icon from quotation after an announcement about a transaction that could change its activities. It stays suspended until Icon re-complies with ASX admission rules or satisfies ASX that shareholder approval and re-compliance are not required.
9 Jan 2024listing compliance notice● Neutral
ASX paused trading in Icon's shares pending a further announcement. No reason is given in the notice; the suspension notice the same day links it to a possible change of activities.
18 Dec 2023other● Neutral
Icon moved its principal place of business to Burleigh Heads, Queensland, with a new postal address at Pacific Fair. Registered address and phone are unchanged. Administrative notice only.
28 Nov 2023other● Neutral
Ahead of the 29 November AGM, the chairman said directors' fees are suspended from 1 October 2023 and he lent $520,000 interest-free until 13 September 2025. The court-ordered ATP 855 renewal resubmission is in process; the board is hopeful of renewal.
27 Oct 2023annual report● Neutral
The 2023 Annual Report and Appendix 4G were released and sent to shareholders. The chairman's letter predates the court result, saying judgment was awaited after the 5 September hearing. Nothing new beyond what was already known.
27 Oct 2023regulatory community update▲ GoodMajor
The Court issued orders declaring the Department's 17 October 2022 refusal null and void and requiring it to accept Icon's ATP 855 renewal application, with costs to Icon. This formalises the 19 October win, but the permit itself is not yet renewed.
19 Oct 2023regulatory community update▲ GoodMajor
Justice Brown ruled for Icon, finding the Department made legal errors in refusing its ATP 855 renewal and that the application did address the capability criteria. Orders are still to be agreed, so the permit is not yet restored. This resolves the court fight in Icon's favour.
17 Oct 2023listing compliance notice● Neutral
ASX paused trading in Icon's shares on 17 October 2023 pending a further announcement. No reason given in the notice.