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.
30 Oct 2025quarterly activities report▼ Bad
September 2025 quarter: cash $294,048, no exploration. On 8 August 2025 the Department asked for more information on PL-1144; the deadline was extended to 16 December 2025. Joint venture talks cannot conclude until the lease is granted. Delisting looms if suspension is not lifted by 9 January 2026.
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.
26 Sept 2025agm notice● Neutral
Icon will hold its AGM on 26 November 2025; director nominations close 7 October 2025. Administrative notice only.
29 July 2025quarterly activities report● Neutral
June 2025 quarter: cash $431,414, down from $646,641, with no exploration. Icon awaits final documents for PL-1144 and plans to resume farm-in talks with several interested parties as a joint venture partner once received. Shares still suspended.
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.
30 Apr 2025quarterly activities report● Neutral
March 2025 quarter: cash $646,641, including the $300,000 Stage 3 loan from the James super fund received before quarter end. No exploration. The proposed grant notice for PL-1144 is restated; Icon says the grant is expected to meet the Contingent Resource (3C) criteria. Shares remain suspended.
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.
30 July 2024quarterly activities report▼ Bad
June 2024 quarter: cash $449k, no exploration. ATP 855 renewal is still under assessment. ASX says Icon stays suspended until it is approved and can remain so until January 2026. The coal term sheet is not mentioned; its 30 April 2024 deadline passed.
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.
30 Apr 2024quarterly activities report● Neutral
March 2024 quarter: cash $589k, no exploration. The Department says ATP 855 stays valid while the renewal is assessed. Director Peter Wilson's firm invoiced $17,123 for consulting and travel on the coal project.
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.
31 Jan 2024quarterly activities report● Neutral
December 2023 quarter: cash $698k, down from $1.17m, with no exploration. Icon lodged the court-directed ATP 855 renewal application, which is under consideration. Directors' fees remain suspended and the Mozambique coal term sheet is noted.
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.