IEC's Principal Activity is the coal production and gold exploration in South Eastern Africa.
|Bid / Ask||-|
|Volume (4w avg)|
|vs Sector (1yr)||+7.13%|
|vs ASX 200 (1yr)||+31.73%|
Intra Energy Corporation Limited (IEC) is an environmentally responsible, diversified mining and energy group. IEC has two operating subsidiary companies, Tancoal Energy Limited (Tancoal) and Intrafrican Resources Limited (IRL). IEC is a developer and producer of thermal coal in Eastern Africa operating under the motto of "African coal for African growth".
Incorporated The Company was incorporated in March 2007. Code changed to Intra Energy Corporation Limited (IEC) on 9/05/2011
DPS and Yield calculations use the Pay Date.
|Mr Jack Rosagro||Company Secretary||Oct 2021|
|Mr Benjamin (Ben) Dunn||Managing Director||Apr 2021||
Mr Benjamin (Ben) Dunn
Mr Dunn has over 20 years international experience in the Legal, Equity and Capital Markets in Australian and Asia, primarily focused on the resources sector. Practicing law before attaining an MBA from the Melbourne Business School, Mr Dunn has subsequently held senior positions with international investment houses including Citigroup, JP Morgan and CLSA. Mr Dunn nowdivides his time between his own resource focused investment company and providing advice to a London based Family Office.
|Mr Alan Robert Fraser||Non-Executive Director||Aug 2018||
Mr Alan Robert Fraser
Mr Fraser has over 30 years' experience in greenfield mineral exploration, project management and mine construction. He has managed base metal and gold exploration projects through the stages of tenement acquisition, joint venture negotiation, obtaining regulatory approvals and the management of field exploration programs, at times in remote locations. He has worked extensively across the Asis -Pacific region especially in Australia and Asia. Alan served as CEO of New Holland Mining Limited, an ASX listed gold and base metal exploration and production company, nowNuEnergy Gas Limited, having been a director since 1992. Alan was instrumental in NuEnergy's acquisition of the coal and unconventional gas assets in Indonesia. He stepped down as CEO to ensure new leadership could move the company forward with its focused gas strategy. Alan was engaged in the IPO and listing and served as MD and Chairman of Resource Base Limited another ASX listed company engaged in gold exploration and production with activities in Australia, retiring in 2016. Mr Fraser has a vast knowledge of working with ASX listed companies and helping to create value for the Australian investment community.
|Mr Troy Wilson||Non-Executive Director||Oct 2017||
Mr Troy Wilson
Mr Wilson joined the Board in November 2010 as Non-Executive Chairman and was appointed Executive Chairman in January 2011 and Non-Executive Chairman in October 2014. He has over forty years' experience in the coal, infrastructure and power development industries. He is currently Chairman of the Intrasia Capital Pte Ltd in Singapore a family office with corporate and financial services operating from Mauritius into Africa. From 1983 to 2005 Graeme was CEO and Managing Director of NewHope Corporation Limited (ASX:NHC). During this period he pioneered the development of major international companies including as President Director of Adaro Indonesia, the largest single open cut coal mine in the Southern Hemisphere, President Director of Indonesia Bulk Terminal, a 12 mtpa capacity bulk coal port and as an advisor to the development of the 1,230MW Paiton Power station, the first IPP in Indonesia. His career has spanned both public and private developments including directorships with the Port of Brisbane Authority and Washington H. Soul Pattinson & Co Ltd, one of Australia's oldest listed companies as well as AfrAsia Bank Ltd in Mauritius where he is currently Chairman of the AfrAsia Foundation for education to the underprivileged. Current directorships include Minbos Limited (ASX: MNB) and Ekada Capital Limited a public non-listed company in Mauritius for wealth management. Graeme was the recipient of the Asia 500 Award in 2000 and the Coaltrans Lifetime Achievement Award in 2010 for his contribution to the coal industry. He is a Fellow of the Australian Institute of Company Directors and a Member of the Australian Institute of Energy.
|Mr James (Jim) L Shedd, Jr||Chief Executive Officer,Executive Director||Jan 2017||
Mr James (Jim) L Shedd, Jr
Chief Executive Officer,Executive Director
Mr Shedd has been CEO of the Company since December 2016 and has been pivotal in the development of IEC's mining operations in Tanzania. He has developed a strong Tanzanian team and improved mine efficiency under challenging conditions. Mr Shedd is also the CEO of Intrafrican Resources Ltd (IRL) which is a 100% owned subsidiary of IEC in Mauritius which currently holds 15% of Intra Minerals (IML), which Mr Shedd is also a director, that owns 95% of Minas Do Lurio (MDL) Gold project in Mozambique. Mr Shedd graduated in business from the University of Maryland, USA, and after serving as a combat engineer and productivity analyst in the US Armed Forces, has over 20 years' experience in the mining industry specialising in general mine, turnaround and productivity management.
|Mr Graeme Lance Robertson||Non-Executive Director,Non-Executive Chairman||Nov 2010||
Mr Graeme Lance Robertson
Non-Executive Director,Non-Executive Chairman
Peter brings to iQ3Corp Limited his experience and qualifications in investigations and security which originated from a successful career with NSW Police Service. Peter has been personally acknowledged for business excellence, whilst his company has received continued recognition for Excellence in Business Services since 2010.
IEC directors must report any change in shareholding to the ASX within 5 business days.
See Director Transactions for all ASX companies.
|03/03/22||Benjamin (Ben) Dunn||Issued||10,625,000||$0.008||$85,000||Placement|
The current holdings of IEC directors.
|Director||Last Notice||Direct Shares||Indirect Shares||Options||Convertibles|
|Benjamin (Ben) Dunn||03/03/2022||10,000,000||10,625,000||N/A||N/A|
|James (Jim) Shedd, Jr||07/11/2018||0||N/A||N/A||N/A|
A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.
Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.
|Name||Last Notice||Total Shares||Shares Held (%)|
|Aspac Mining Limited||17/09/2021||131,556,585||33.03|
12 month transaction history compiled from ASX announcements.
|Date||Name||Bought||Previous %||New %|
12 month transaction history compiled from ASX announcements.
No sell transactions reported by Substantial Shareholders in the past 12 months.
|Year||Closing Price||Last Trade|
All data on this page is supplied by the ASX, Morningstar and Market Index. Read the disclaimer.