Changes in Controlled Entities and Divisions
During August 2005, Darling Downs TV Ltd (“Darling Downs”) a controlled entity of Aspermont Limited (53.9%) executed a share sale and allotment agreement. Settlement of this agreement occurred during November 2005. The effect of this agreement is that Darling Downs TV Limited is no longer a controlled entity of Aspermont Limited. The benefit to Aspermont will be the potential to realise future benefits from its investment in Darling Downs as well as reduced compliance and secretarial costs in maintaining the company.
On 28 August 2005 Clement Resources Limited was incorporated for the purposes of applying for four prospective uranium tenements. Aspermont currently holds 85.7% of the issued capital of the company.
On 16 December 2005 Resourceful Events Pty Ltd was incorporated for managing a range of conferences, including the highly regarded Excellence in Exploration series. Aspermont holds 80% of the issued capital of the company.
During August 2005, Darling Downs TV Ltd (“Darling Downs”) a controlled entity of Aspermont Limited (53.9%) executed a share sale and allotment agreement. Settlement of this agreement occurred during November 2005. The effect of this agreement is that Darling Downs TV Limited is no longer a controlled entity of Aspermont Limited. The benefit to Aspermont will be the potential to realise future benefits from its investment in Darling Downs as well as reduced compliance and secretarial costs in maintaining the company.
On 28 August 2005 Clement Resources Limited was incorporated for the purposes of applying for four prospective uranium tenements. Aspermont currently holds 85.7% of the issued capital of the company.
On 16 December 2005 Resourceful Events Pty Ltd was incorporated for managing a range of conferences, including the highly regarded Excellence in Exploration series. Aspermont holds 80% of the issued capital of the company.