ZAG 0.00% 1.7¢ zuleika gold limited

FWIW Dampier Gold Limited (“DAU”) ASX refers to your online...

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    FWIW
    Dampier Gold Limited (“DAU”)
    ASX refers to your online report of 4 March 2018 raising concerns about the disclosure by DAU in relation to DAU’s former subsidiary company Aurigin Foods Pty Ltd (“Aurigin”) and the status of development of its food export business in China. Your query relates to the period during which Aurigin was a wholly-owned subsidiary of DAU. You will note that shareholders of DAU approved the sale of Aurigin to Malcolm Carson and Annie Guo at a meeting held on 13 February 2018. On 8 March 2018, DAU announced that the sale had completed.
    ASX would like to thank you for making the time and effort to bring this matter to its attention. These types of communications are an important source of intelligence for ASX in performing its role of monitoring and enforcing compliance with the ASX Listing Rules.
    We are writing to confirm that ASX is investigating this matter to determine if DAU has breached the Listing Rules and also to outline the possible outcomes if ASX finds that there has been a breach.
    Possible referral to ASIC
    If ASX finds that a listed entity has committed a significant breach of the Listing Rules, it is required by law to refer the breach to the Australian Securities and Investments Commission (“ASIC”), so that ASIC can then consider whether or not it wishes to take criminal or other regulatory action in relation to the breach.
 
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