MR1's Principal Activity is the coal exploration and production.
|Bid / Ask||-|
|Volume (4w avg)|
|vs Sector (1yr)||-|
|vs ASX 200 (1yr)||-71.05%|
|ASX Rank||1,869 of 2,319|
|Sector Rank||574 of 802|
Montem Resources Limited (MR1) is the operator of steelmaking coal mines in Canada by developing its properties in the Crowsnest Pass. MR1 is planning an integrated mining complex in the Crowsnest Pass, focusing on low cost development of open-cut operations that leverage central infrastructure. The first component of this objective is to re-establish mining at the Tent Mountain Mine. Montem's Projects are located in the Crowsnest Pass of south-western Alberta, Canada.
No incorporation details available.
DPS and Yield calculations use the Pay Date.
|Mr Mark Hamish Lochtenberg||Non-Executive Director,Non-Executive Chairman||Mar 2019||
Mr Mark Hamish Lochtenberg
Non-Executive Director,Non-Executive Chairman
Mr Lochtenberg was previously the co-head of Glencore International AG's worldwide coal division, where he spent 13 years overseeing a range of trading activities including the identification, due diligence, negotiation, acquisition and combination of the coal project portfolio that would become Xstrata Coal. Former Executive Chairman and founding Managing Director of Baralaba Coal Company (formerly Cockatoo Coal Limited) and current Chairman of Equus Mining Limited and Independent Director of Nickel Mines Ltd. He is also member of the Risk committee of the company. He is Member of Audit and Risk Committee.
|Ms Susan (Susie) Margaret Henderson||Non-Executive Director||Apr 2018||
Ms Susan (Susie) Margaret Henderson
Ms Henderson has over 20 years experience in the field and has strategic and commercial positioning knowledge across a range of heavy industries and has a background in operational and financial audit. Ms Henderson is a management consultant with focus on infrastructure and mining. Ms Henderson is currently President, Advisory North America for GHD, a global consulting firm. Ms Henderson also serves on the Finance Committee of the GHD Board. She has worked across a various jurisdictions in Canada, the United States, Latin America, South East Asia, England, and Australia. Her areas of focus include government, mining/ resources, infrastructure/logistics and energy. She has also recently retired from serving as a board Member for Waterfront Toronto and Women in Mining (Canada). Previous roles include GM - Strategic Infrastructure and Government Relations at Macarthur Coal Ltd, Coal Accounts Executive with Aurizon and Project Development Manager with London Underground. She was nominated for the EY Entrepreneur of the Year. She is also Chair of Audit and Risk Committee and Member of Remuneration and Nomination Committee.
|Mr William Edward Souter||Non-Executive Director||Apr 2018||
Mr William Edward Souter
Mr Souter is an experienced senior finance executive and an investment banker, with global transaction and fundraising experience across a various industries. Mr Souter has held a number of executive and non-executive director positions. He is the Chief Financial Officer of Atomo Diagnostics Limited (ASX:AT1), a company in the commercialisation of user friendly rapid diagnostic blood test (RDT) devices. Prior to Atomo, Mr Souter was the Chief Financial Officer at property and construction technology company, Verton Technologies. Mr Souter was previously Executive Director at RFC Ambrian where for 11 years he worked closely with companies on fundraising, public markets listings (both ASX and LSE AIM) and private and public markets M&A. Prior to RFC Ambrian, Mr Souter was a Director at PriceWaterhouseCoopers over a 10 year period in London and Sydney, and worked at Minter Ellison Lawyers. Mr Souter is also admitted to the Supreme Court of NSW. He is also member of the Risk committee of the company. He is Chair of Remuneration and Nomination Committee and member of Audit and Risk Committee.
|Mr Peter Charles Doyle||Chief Executive Officer,Managing Director||Dec 2017||
Mr Peter Charles Doyle
Chief Executive Officer,Managing Director
Mr Doyle has over 25 years coal mining experience. Mr Doyle has worked in roles in exploration, planning, development, production, and management in the coal industry. Previous positions include VP Marketing and Business Development at Atrum Coal Ltd, Chief Operating Officer at Cockatoo Coal Ltd, VP Coal at Wood Mackenzie and Project Manager at Glencore (Xstrata Coal). Mr Doyle was previously a Director at Wiggins Island Coal Terminal, and at ATEC Rail Group. As well as having spent the first decade of his career working at coal mines in the Hunter Valley, Mr Doyle has worked in project development, marketing and management in the coal industries of China, USA, Mongolia, Russia and Europe. Mr Doyle has been involved in greenfield and brownfield coal mine developments, and managed coal mines selling to export metallurgical markets.
|Mr Robert (Rob) James Tindall||Non-Executive Director||Dec 2017||
Mr Robert (Rob) James Tindall
Mr Tindall is the founder of Montem and has more than 25 years' experience in the finance and resources industry. Mr Tindall is the Non-Executive Chairman and a Co Founder in 'True Origins' and an Independent Non-Executive Director of Arrow Trolleys. Mr Tindall was previously the CEO of Transatlantic Mining Corp (TCO), a gold and copper explorer and producer listed on the TSX Venture Exchange. During his tenure Mr Tindall took TCO into production before resigning to create Montem Resources Corp. Mr Tindall is the principal of GTG, a boutique advisory business focusing in resources and renewables. He is Member of Remuneration and Nomination Committee.
|Ms Melanie Jaye Leydin||Company Secretary||N/A|
MR1 directors must report any change in shareholding to the ASX within 5 business days.
See Director Transactions for all ASX companies.
|30/06/21||Peter Doyle||Expiry||375,000||$0.036||$13,500||Options expired|
|28/05/21||William Souter||Issued||175,097||$0.09||$15,758||Issue of options|
|28/05/21||Susan (Susie) Henderson||Issued||175,097||$0.09||$15,758||Issue of options|
|28/05/21||Robert (Rob) Tindall||Issued||466,926||$0.09||$42,023||Issue of options|
|28/05/21||Peter Doyle||Issued||700,389||$0.09||$63,035||Issue of options|
|28/05/21||Mark Lochtenberg||Issued||175,097||$0.09||$15,758||Issue of options|
|15/12/20||Robert (Rob) Tindall||Sell||+500,000||$0.225||($112,500)||On-market trade|
The current holdings of MR1 directors.
|Director||Last Notice||Direct Shares||Indirect Shares||Options||Convertibles|
|Robert (Rob) Tindall||28/05/2021||5,958,334||7,978,530||933,852||N/A|
|Susan (Susie) Henderson||28/05/2021||N/A||368,431||350,194||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 (%)|
|M and A CS Pty Ltd||01/03/2021||13,833,334||6.83|
|Robert James Tindall||01/03/2021||14,436,864||7.12|
|Ilwella Pty Ltd||01/03/2021||21,767,490||10.74|
|Regal Funds Management Pty Ltd||22/06/2021||37,694,395||16.10|
12 month transaction history compiled from ASX announcements.
|Date||Name||Bought||Previous %||New %|
|23-04-21||Acorn Capital Limited||14,227,438||--||6.07|
12 month transaction history compiled from ASX announcements.
|Date||Name||Sold||Previous %||New %|
|22-06-21||Regal Funds Management Pty Ltd||6,832,840||19.11||16.1|
|22-06-21||Acorn Capital Limited||14,227,438||6.07||--|
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