Last A$0.0020 AUD
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Volume 150.0K
As of 9:58 PM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

goldsearch ltd (GSE) Snapshot

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52 Week High
07/29/13 - A$0.01
52 Week Low
03/3/14 - A$0.0020
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goldsearch ltd (GSE) Details

Goldsearch Limited, a mineral exploration company, identifies, discovers, and develops mineral properties in Australia. It primarily explores for gold, silver, copper, uranium, thorium, zinc, lead, copper, cobalt, and nickel sulfide. The company holds interests in the Mount Wellington project comprising three granted exploration leases and one lease under application located in Victoria; the Mary Kathleen project situated within the Mount Isa block of northwest Queensland; and the Duck Creek project in northwest Queensland. It also has interest in the unexplored ground covering the Proterozoic Giles Complex located in northwestern South Australia. The company is based in Sydney, Australia.

goldsearch ltd (GSE) Top Compensated Officers

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goldsearch ltd (GSE) Key Developments

Goldsearch Ltd. Announces Management Changes

Goldsearch Ltd. announced that Messrs John Landerer and Robert Leece resigned as directors on July 9, 2014 and Mr. Stephen Turner has been appointed a director of the company. Mr. Paul Hewson has resigned as the company secretary and Mr. Robert Kineavy has been appointed the secretary.

Goldsearch Ltd. Announces Financial Results for the First Half Year Ended December 31, 2013

Goldsearch Ltd. announced financial results for the first half year ended December 31, 2013. For the period, the company reported revenues of AUD 7,172 against AUD 5,951 a year ago. Loss before income tax expense was AUD 420,940 against AUD 575,366 a year ago. Loss attributable to members of the company was AUD 420,940 or 0.06 cents per basic and diluted share against AUD 575,366 or 0.11 cents per basic and diluted share a year ago. Net cash used in operating activities was AUD 339,865 against AUD 207,804 a year ago. Payments for plant and equipment were AUD 1,473 against AUD 4,056 a year ago. Payments for exploration interests were AUD 100,571 against AUD 490,186 a year ago.

Goldsearch Limited Announces Resignation of J M E Percival as Executive Director of Operations with Effect from 31 May 2014

Goldsearch Limited announced that the directors are currently considering new opportunities for the company's future and are in early stage negotiations for an acquisition and associated capital raising. Pending advancement of these negotiations the directors have adopted an overhead reduction strategy in an effort to preserve existing working capital. As part of this overhead reduction strategy the directors have accepted the resignation of Mr. J M E Percival as executive director of operations of the company with effect from 31 May 2014. Mr. Percival will remain as a non-executive director.


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