Petratherm Limited
ABN 17 106 806 884
Annual Report - 30 June 2018
Petratherm Limited Corporate directory 30 June 2018
Directors
Derek Carter Simon O'Loughlin Donald StephensCompany secretary
Registered officePrincipal place of businessShare register
Donald Stephens
C/- HLB Mann Judd (SA) Pty Ltd 169 Fullarton Road
DULWICH SA 5065
C/- HLB Mann Judd (SA) Pty Ltd 169 Fullarton Road
DULWICH SA 5065
Computershare Investor Services Pty Ltd Level 5, 115 Grenfell Street
ADELAIDE SA 5000
Auditor
Grant Thornton Audit Pty Ltd Level 3, 170 Frome Road ADELAIDE SA 5000
Solicitors
O'Loughlins Lawyers Level 2, 99 Frome Street ADELAIDE SA 5000
Bankers
National Australia Bank 22 - 28 King William Street ADELAIDE SA 5000
Stock exchange listing
Petratherm Limited shares are listed on the Australian Securities Exchange (ASX code: PTR)
Website
www.petratherm.com.au
Petratherm Limited Contents
30 June 2018
Directors' report 3
Auditor's independence declaration 17
Statement of profit or loss and other comprehensive income 18
Statement of financial position 19
Statement of changes in equity 20
Statement of cash flows 21
Notes to the financial statements 22
Directors' declaration 38
Independent auditor's report to the members of Petratherm Limited 39
Shareholder information 42
Petratherm Limited Directors' report 30 June 2018
The Directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'Group') consisting of Petratherm Limited (referred to hereafter as the 'Company' or 'parent entity') and the entities it controlled at the end of, or during, the year ended 30 June 2018.
Information on Directors
The following persons were Directors of Petratherm Limited during the whole of the financial year and up to the date of this report, unless otherwise stated:
Name: Title: Qualifications:
Experience and expertise:Other current directorships:Derek Carter
Non-Executive Chairman (appointed 17 April 2018) BSc, MSc, FAusIMM(CP)
Mr. Carter has over 40 years' experience in exploration and mining geology and management. He held senior positions in the Shell Group of Companies and Burmine Ltd before founding Minotaur Gold Ltd in 1993.
Mr. Carter is a former President of the South Australian Chamber of Mines and Energy, former board member of the Australian Gold Council, is a member of the South Australian Minerals and Energy Advisory Council and the South Australian Minerals and Energy Council, and a former Chairman of the Minerals Exploration Advisory Group. He was awarded AMEC's Prospector of the Year Award (jointly) in 2003 and is a Centenary Medallist.
Highfield Resources Ltd
Former directorships (last 3 years): Minotaur Exploration Ltd (resigned November 2016)
Intrepid Mines Ltd (resigned November 2015)Special responsibilities:
Interests in shares:
Interests in options:Member of the Audit Committee 1,311,167 ordinary shares 1,000,000 unlisted options
Petratherm Limited | |
Directors' report | |
30 June 2018 | |
Name: | Simon O'Loughlin |
Title: | Non-Executive Director |
Qualifications: | BA(Acc), Law Society Certificate in Law |
Experience and expertise: | Simon O'Loughlin is the founder of O'Loughlins Lawyers, an Adelaide based, |
specialist commercial law firm. He has extensive experience in the corporate and | |
commercial law fields while practising in Sydney and Adelaide, and also holds | |
accounting qualifications. | |
Mr O'Loughlin has extensive experience and involvement with companies in the small | |
industrial and resources sectors. He has also been involved in the listing and back- | |
door listing of numerous companies on the ASX. He is a former Chairman of the | |
Taxation Institute of Australia (SA Division) and Save the Children Fund (SA | |
Division). | |
Other current directorships: | Bod Australia Limited |
Chesser Resources Limited | |
Former directorships (last 3 years): | Arc Exploration Limited (from October 2016 to May 2018) |
Odin Metals Limited (formerly Lawson Gold Limited) (from July 2013 to February | |
2018) | |
Gooroo Ventures Limited (from July 2016 to November 2017) | |
Xref Limited (from October 2014 to August 2016) | |
WCP Resources Limited (from March 2015 to February 2016) | |
Food Revolution Group Limited (from May 2014 to February 2016) | |
Special responsibilities: | Chair of the Audit Committee |
Interests in shares: | 1,740,401 ordinary shares |
Interests in options: | 1,625,000 unlisted options |
Name: | Donald Stephens |
Title: | Non-Executive Director and Company Secretary |
Qualifications: | BA(Acc), FCA |
Experience and expertise: | Donald Stephens is a Chartered Accountant and corporate advisor with over 25 |
years' experience in the accounting, mining and services industries, including 14 | |
years as a partner of HLB Mann Judd (SA), a firm of Chartered Accountants. He is a | |
Chartered Accountant and corporate adviser specialising in small cap ASX listed | |
entities. Mr Stephens is a director of a number of ASX listed companies. Additionally, | |
he is the Company Secretary of Highfield Resources Limited and Duxton Water | |
Limited. | |
Other current directorships: | Gooroo Ventures Limited |
Mithril Resources Limited | |
Former directorships (last 3 years): | Odin Metals Limited (formerly Lawson Gold Limited) (from July 2013 to February |
2018) | |
Special responsibilities: | Member of the Audit Committee |
Interests in shares: | 1,332,733 ordinary shares |
Interests in options: | 1,625,000 unlisted options |
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Petratherm Ltd. published this content on 28 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 September 2018 09:01:16 UTC