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February 13, 2016 4:10 AM ET

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Company Overview of Discovery Resources Limited

Company Overview

As of August 7, 2015, Discovery Resources Limited was acquired by Aquis Canberra Pty Ltd., in a reverse merger transaction. Aquis Entertainment Limited explores mineral properties in Africa. The company focuses on rare earth element mineralization. It has interests in the Tantalite Valley project covering an area of approximately 604.715 square kilometers in south eastern Namibia; the Himbaland project covering an area of approximately 1,338.2 square kilometers in the Kunene region of north-western Namibia; and the Erongo project covering an area of approximately 990 square kilometers in the Erongo region in north-western Namibia. Aquis Entertainment Limited was formerly known as Discovery R...

Level 9

105 St Georges Terrace

Perth, WA 6000

Australia

Founded in 2010

Phone:

61 8 9226 0326

Fax:

61 8 9226 0327

Key Executives for Discovery Resources Limited

Discovery Resources Limited does not have any Key Executives recorded.

Discovery Resources Limited Key Developments

Aquis Entertainment Limited Approves Election of Directors

Aquis Entertainment Limited at its general meeting held on July 10, 2015 elected Tony Fung, Raymond Or Ching-Fai, Justin Fung, Geoff Andres, Alex Chow, and Russell Shields as directors.

Aquis Entertainment Limited, Special/Extraordinary Shareholders Meeting, Jul 10, 2015

Aquis Entertainment Limited, Special/Extraordinary Shareholders Meeting, Jul 10, 2015., at 12:30 W. Australia Standard Time. Location: The Rokeby Room. Agenda: To consider change to nature and scale of activities; to consider approval of issue of securities to Aquis Canberra Holdings; to consider approval of loan conversion deed in favour of Aquis Canberra Holdings and issue of shares pursuant to loan conversion; to consider deed; to consider capital raising; to consider change of company name; to consider replacement of constitution; to consider election of directors; to consider approval of resignation payment to directors; and to consider disposal of interest in Solarwind.

Discovery Resources Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2014

Discovery Resources Limited reported consolidated earnings results for the half year ended December 31, 2014. For the period, revenue was AUD 26,280 against AUD 31,941 a year ago. Loss before tax was AUD 203,589 against AUD 190,974 a year ago. Net loss attributable to members of parent entity was AUD 203,589 against AUD 190,974 a year ago. Loss per basic and diluted share from continuing operations was 0.79 cents against AUD 0.74 a year ago. Net cash used in operating activities was AUD 239,863 against AUD 239,968 a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 28, 2015
Solarwind Investments (Pty) Limited
Merger/Acquisition
April 17, 2015
--
Private Placement
April 17, 2015
--
 

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