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avanco resources ltd (AVB) Snapshot

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08/9/13 - A$0.10
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06/4/13 - A$0.05
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avanco resources ltd (AVB) Details

Avanco Resources Limited is engaged in the exploration and development of base metal properties in Brazil. The company has its projects located in Carajas Mineral province in northern Brazil. Its property portfolio includes the Rio Verde and Pedra Branca Copper project, Agua Boa project, Serra Verde Copper-Gold project, the Touro Nickel project, the Trindade North Iron Ore project, and the Conceição Nickel Platinum project. Avanco Resources Limited is based in Subiaco, Australia.

13 Employees
Last Reported Date: 09/23/13

avanco resources ltd (AVB) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: --
Company Secretary, Executive Director and Cha...
Total Annual Compensation: --
Executive Director of Exploration, Executive ...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

avanco resources ltd (AVB) Key Developments

Avanco Resources Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2013

Avanco Resources Limited reported consolidated earnings results for the half year ended December 31, 2013. For the half year, the company reported total revenue of AUD 305,358 against AUD 238,448 a year ago. Loss before income tax was AUD 403,434 against AUD 737,963 a year ago. Net loss was AUD 403,434 or 0.03 cents per basic and diluted share against AUD 737,963 or 0.07 cents per basic and diluted share a year ago. Net cash flows used in operating activities were AUD 524,009 against AUD 496,857 a year ago. Payments for deferred exploration and evaluation expenditure were AUD 3,329,537 against AUD 4,121,410 a year ago. Payments for plant and equipment were AUD 77,967 against AUD 1,416 a year ago.

Avanco Resources Limited Announces Resignation of David McEntaggart as Joint Company Secretary

Avanco Resources Limited announced that Mr. David McEntaggart, has resigned as Joint Company Secretary of the company.

Avanco Resources Limited, Annual General Meeting, Nov 29, 2013

Avanco Resources Limited, Annual General Meeting, Nov 29, 2013., at 11:30 W. Australia Standard Time. Location: Tuart Room, Holiday Inn. Agenda: To consider adoption of remuneration report; to re-elect directors; to consider approval of 10% placement capacity; to consider issue of options to Anthony Polglase, Matthew Wood, Scott Funston, Simon Mottram, Colin Jones, Wayne Phillips, Garrison Capital; and to consider ratification of prior issue shares.


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