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Last A$0.07 AUD
Change Today 0.00 / 0.00%
Volume 0.0
CXM On Other Exchanges
As of 8:56 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

centrex metals ltd (CXM) Snapshot

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09/22/14 - A$0.12
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07/13/15 - A$0.06
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centrex metals ltd (CXM) Details

Centrex Metals Limited engages in the exploration of minerals in Australia. It primarily explores for iron ore, gold, and base metal properties. It holds a 100% interest in the Woolgarlo Gold Project and the Gundaroo Gold Project located in New South Wales; and Kimba Gap and Wilgerup iron ore tenements located in South Australia. Centrex Metals Limited was incorporated in 2001 and is based in Adelaide, Australia.

Founded in 2001

centrex metals ltd (CXM) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: A$420.9K
Chief Financial Officer, Chief Accountant, Ge...
Total Annual Compensation: A$210.9K
General Manager of Explorations
Total Annual Compensation: A$265.5K
Compensation as of Fiscal Year 2014.

centrex metals ltd (CXM) Key Developments

Sheffield Resources Limited Announces Sale of Oxley Potash Project to Centrex Metals Limited

Sheffield Resources announced that it has entered into a binding agreement with Centrex Metals Limited to sell its interests in E70/4318, E70/3777, E70/4004, E70/4320, E70/4319 and E70/4378, near Three Springs in Western Australia, referred to collectively as its Oxley potash tenements. The material terms of the agreement are as follows: an upfront cash deposit of AUD 1 million (refundable if conditions precedent are not met); a further cash payment of AUD 1.5 million on satisfaction of the conditions precedent; completion is subject to Foreign Investment Review Board approval, any necessary government consents and execution of deeds of assumption with third parties on or before 31 May 2015. The sale coincides with Sheffield receiving a $1,523,800 refund under the Federal Government's Research and Development Tax Incentive program, further bolstering the company's cash reserves.

Centrex Metals Limited Announces Board Changes

Centrex Metals Limited announced that it has appointed Mr. Chenggang Guo as an alternate director for Mr. Bingqiang Lu. Mr. Guo is the Chief Financial Officer and a director of Wugang Australian Resources Investment Pty Ltd. Accordingly neither Mr. Guo nor Mr. Lu are considered to be independent for the purposes of the Company's corporate governance policies.

Centrex Metals Limited, Annual General Meeting, Nov 18, 2014

Centrex Metals Limited, Annual General Meeting, Nov 18, 2014., at 12:30 Cen. Australia Standard Time. Location: Crowne Plaza. Agenda: To receive and consider the financial reports of the company and its controlled entities for the year ended 30 June 2014 together with a Directors' report in relation to that financial year and the auditor's report on the financial report; to consider the remuneration report; and to consider the re-election of directors.


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Price/Sales 574.3x
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