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ASX Finalises Enhanced Disclosure Rules For Mining And Oil And Gas Companies

Date 08/11/2012

ASX has received regulatory approval to introduce new listing rules to enhance disclosure of reserves and resources by ASX-listed mining and oil and gas exploration and production companies.   

The new reporting requirements are part of a series of initiatives by ASX that will modernise Australia’s equity capital markets.  The initiatives include: 

  • enhanced reserves and resources reporting 
  • improved flexibility for small to mid-cap companies to raise additional capital 
  • streamlined timetables for rights issues 
  • on-market bookbuild facility 
  • equity research scheme for small to mid-cap companies 
  • revised and updated listing rule guidance notes, particularly for continuous disclosure. 

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