InvestoGain

Investogain Pty Limited
AFS Licence No. 334036

All correspondence to:
admin@delisted.com.au
or by mail to:
PO Box 400
Crows Nest NSW 1585

26 April 2025

Name:	SOUTH AMERICAN IRON & STEEL CORPORATION LIMITED (SAY)
Date of Listing:	27 May 1997
Date of Delisting:	28 August 2019
Former Names:

Stock Exchange Status: (updated daily)

This entity was delisted from the Australian Securities Exchange on 28 August 2019.

Legal Status: (updated monthly)

Deregistration Date: 24 February 2023

This entity was deregistered on 24 February 2023. It has thus ceased to exist.

Capital Gains Tax (CGT) Status: (updated at least quarterly)

This entity was deregistered on 24 February 2023. Deregistration is a Capital Gains Tax Event. In our opinion you are entitled to crystallise any capital loss in the tax year that deregistration occurs providing you have not previously done so. If you did not crystallise your loss in the tax year the entity was deregistered, you may seek to re-open that year’s assessment but anyway should seek professional advice as to how best to proceed.

Updates, corrections, disagreements please email to admin@delisted.com.au

Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.

Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.

Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.

SOUTH AMERICAN IRON & STEEL CORPORATION LIMITED(SAY)

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ASX, Legal & CGT Status

Former (or subsequent) names

	FROM	TO
ACONCAGUA RESOURCES LIMITED	22/12/2005	02/07/2008
POWERISE TECHNOLOGY LIMITED	28/11/2000	22/12/2005
SMC RESOURCES LIMITED		28/11/2000

Shareholder links

Our website ranking of SAY:

(5 out of 5)

COMPANY WEBSITE:

SAY website

SAY email

SAY investorRelations

SAY announcements

SAY annualreports

SAY directors

REGISTRY:

Level 21, 10 Eagle Street Brisbane QLD 4000

Tel : +61 7 3320 2200 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

Address: Level 4 283 George Street SYDNEY NSW 2000
Tel: (02) 8188 1491 Fax: (02) 9252 5638

Date first listed: 27/05/1997
Company Secretary:
Sector: Materials Industry Group: XMJ
Activities: Exploration for iron sands in Chile and Ecuador

News & Events

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company is deregistered today	24/02/2023
David Joseph Levi of Levi Consulting Pty Ltd is appointed liquidator	17/03/2022
delisted from the close of trading on Wednesday, 28 August 2019 pursuant to Listing rule 17.15.	28/08/2019
we understand this company failed to pay its annual listing fee on due date and ASX has accordingly removed it from the official list	28/08/2019
The company has not paid their annual listing fees in respect of the year ending 30 June 2020 but the securities are already suspended from official quotation.	22/08/2019
The company lodges its Quarterly Activities Report.	31/01/2019
The company lodges its Quarterly Activities and Cashflow Report.	31/10/2018
The company lodges its Quarterly Activities Report.	28/09/2018
Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.	06/08/2018
The company lodges its Quarterly Activities Report.	31/07/2018
The company lodges its Quarterly Activities and Cashflow Report.	30/04/2018
The company lodges its Half Year Accounts.	16/03/2018
The company lodges its Quarterly Activities Report.	30/01/2018
The company releases the results of its 2017 AGM.	28/11/2017
The company lodges its Quarterly Activities Report.	31/10/2017
Notice is hereby given that the 2017 Annual General Meeting of shareholders of South American Iron & Steel Corporation Limited will be held at The York Conference and Function Centre 95-99 York Street SYDNEY NSW 2000 Australia, on Tuesday, 28 November, 2017 commencing at 3:30pm.	27/10/2017
SAY and Mulwarra shareholders have mutually agreed to terminate the share purchase agreement between them. SAY will continue to seek new opportunities.	25/10/2017
The company lodges its Quarterly Activities Reports.	31/07/2017
The company has entered into a share purchase agreement with all of the shareholders of Mulwarra pursuant to which SAY will acquire 100% of Mulwarra from Mulwarra shareholders.	03/07/2017
The company lodges its Quarterly Activities Report.	21/04/2017
The company has entered into a merger implementation deed with Mulwarra Export, whereby SAY will acquire 100% of Mulwarra.	29/03/2017
The securities of South American Iron & Steel Corporation Limited will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding an acquisition which will change the nature of the business and require the Company to re-comply with Chapters 1 and 2 of the ASX listing rules.	29/03/2017
the suspension of trading in the securities of South American Iron & Steel Corporation Limited (the "Company") will be lifted immediately, following receipt of an announcement providing details of a fundraising by the Company	20/05/2010
the Company has received a letter of intent from Jiangsu Changqiang Iron & Steel Co., Ltd advising that it would like to enter into an off take agreement for iron ore from SAY's Quince project.	12/05/2010
the capital raising referred to in SAY's request for the current suspension has not yet been completed. Activities in relation to that capital raising continue and the Company hopes soon to be in a position to lodge an announcement on or before 14th May,2010 to end the suspension	12/05/2010
the material fundraising referred to in the Company's request has yet not been completed. The Company expects the suspension to last not later than market opening on Monday, 10th May 2010 by which time the Company expects to be in a position to lodge an announcement to end the suspension	06/05/2010
the securities of South American Iron & Steel Corporation Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending release of an announcement by the Company in respect of a material fundraising	03/05/2010
the suspension of trading in the securities of South American Iron & Steel Corporation Limited (the "Company") will be lifted immediately, following the finalisation of a capital raising per share placement of ordinary shares - (this follows a trading halt on 28/01/2009)	13/02/2009
name changed from Aconcagua Resources Limited	02/07/2008

company is deregistered today	24/02/2023
David Joseph Levi of Levi Consulting Pty Ltd is appointed liquidator	17/03/2022
delisted from the close of trading on Wednesday, 28 August 2019 pursuant to Listing rule 17.15.	28/08/2019
we understand this company failed to pay its annual listing fee on due date and ASX has accordingly removed it from the official list	28/08/2019
The company has not paid their annual listing fees in respect of the year ending 30 June 2020 but the securities are already suspended from official quotation.	22/08/2019
The company lodges its Quarterly Activities Report.	31/01/2019
The company lodges its Quarterly Activities and Cashflow Report.	31/10/2018
The company lodges its Quarterly Activities Report.	28/09/2018
Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.	06/08/2018
The company lodges its Quarterly Activities Report.	31/07/2018
The company lodges its Quarterly Activities and Cashflow Report.	30/04/2018
The company lodges its Half Year Accounts.	16/03/2018
The company lodges its Quarterly Activities Report.	30/01/2018
The company releases the results of its 2017 AGM.	28/11/2017
The company lodges its Quarterly Activities Report.	31/10/2017
Notice is hereby given that the 2017 Annual General Meeting of shareholders of South American Iron & Steel Corporation Limited will be held at The York Conference and Function Centre 95-99 York Street SYDNEY NSW 2000 Australia, on Tuesday, 28 November, 2017 commencing at 3:30pm.	27/10/2017
SAY and Mulwarra shareholders have mutually agreed to terminate the share purchase agreement between them. SAY will continue to seek new opportunities.	25/10/2017
The company lodges its Quarterly Activities Reports.	31/07/2017
The company has entered into a share purchase agreement with all of the shareholders of Mulwarra pursuant to which SAY will acquire 100% of Mulwarra from Mulwarra shareholders.	03/07/2017
The company lodges its Quarterly Activities Report.	21/04/2017
The company has entered into a merger implementation deed with Mulwarra Export, whereby SAY will acquire 100% of Mulwarra.	29/03/2017
The securities of South American Iron & Steel Corporation Limited will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding an acquisition which will change the nature of the business and require the Company to re-comply with Chapters 1 and 2 of the ASX listing rules.	29/03/2017
the suspension of trading in the securities of South American Iron & Steel Corporation Limited (the "Company") will be lifted immediately, following receipt of an announcement providing details of a fundraising by the Company	20/05/2010
the Company has received a letter of intent from Jiangsu Changqiang Iron & Steel Co., Ltd advising that it would like to enter into an off take agreement for iron ore from SAY's Quince project.	12/05/2010
the capital raising referred to in SAY's request for the current suspension has not yet been completed. Activities in relation to that capital raising continue and the Company hopes soon to be in a position to lodge an announcement on or before 14th May,2010 to end the suspension	12/05/2010
the material fundraising referred to in the Company's request has yet not been completed. The Company expects the suspension to last not later than market opening on Monday, 10th May 2010 by which time the Company expects to be in a position to lodge an announcement to end the suspension	06/05/2010
the securities of South American Iron & Steel Corporation Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending release of an announcement by the Company in respect of a material fundraising	03/05/2010
the suspension of trading in the securities of South American Iron & Steel Corporation Limited (the "Company") will be lifted immediately, following the finalisation of a capital raising per share placement of ordinary shares - (this follows a trading halt on 28/01/2009)	13/02/2009
name changed from Aconcagua Resources Limited	02/07/2008

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How do we sell this stock ? or move it off platform?

13/01/2020 10:01:02

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Directors' on-market share transactions (last 5)

Purchases Sales

DATE	DIRECTOR	NUMBER	PRICE	AMOUNT
19/06/2013	Richard Haren	50	$0.028	$1.00
11/06/2013	Kenneth Lee	779	$0.360	$280.00
21/02/2013	Kenneth Lee	250,000	$0.043	$10,750.00
23/01/2013	Kenneth Lee	7,684	$0.046	$353.00
18/01/2013	Kenneth Lee	22,316	$0.046	$1,027.00

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Directors & Executives (current)

NAME	TITLE	DATE OF APPT
Terry Cuthbertson	Non Exec Chairman	18/05/2009
Kenneth Lee	CEO, Company Secretary	24/03/2009
Haomin Ning	Non Exec Director	04/04/2011
Richard Haren	Non Exec Director	13/05/2009

Date of first appointment, title may have changed.

Directors & Executives (former)

NAME	TITLE	DATE OF APPOINTMENT	DATE OF RESIGNATION

Date of first appointment, title may have changed.