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17 April 2018ReNu Energy Limited is pleased to announce that it has agreed Heads of Terms with Resonance Asset Management Limited (“Resonance”) for the sale for cash of a 70% majority equity stake in ReNu Energy’s existing bioenergy assets (the “Proposed Transaction”). Resonance advises the specialised international infrastructure investment fund, Resonance Industrial Water Infrastructure Fund Limited (“RIWIF”), which intends to make the investment. Under the terms of the Proposed Transaction, Resonance will also have a First Right of Refusal to make further investments to support the development and growth of a combined bioenergy business portfolio with ReNu Energy of up to A$100m in Australia and New Zealand.
05 April 2018The Board of ReNu Energy Limited is pleased to announce the appointment of Mr Craig Ricato as Acting Chief Executive Officer of the Company. Mr Ricato has been working with the company as an external advisor for the past 6 months, so is well positioned to manage the business during this transition period.
20 December 2017ReNu Energy Limited is pleased to announce that its Share Purchase Plan (SPP) has closed with applications for $2.3 million of new shares, raising circa $2.2 million after costs. Shares will be issued at an issue price of 1.8 cents.
11 December 2017ReNu Energy Limited is pleased to announce that in light of the strong take up of the SPP and recent positive announcements, the Board has decided to extend the Share Purchase Plan (SPP Offer) to Monday 18 December 2017.
02 December 2016As approved at the Company’s Annual General Meeting of shareholders on 25 November 2016, Geodynamics Limited advises that it has changed its name to ReNu Energy Limited. The ASX code for the Company is RNE.
25 November 2016Mr Keith Spence has retired from the board of Geodynamics Limited effective close of today’s Annual General Meeting.
25 November 2016Geodynamics Limited wishes to advise that all resolutions on the Notice of Annual General Meeting were carried on a poll at the Annual General Meeting of the Company held this morning.
25 November 2016Presentation to shareholders by Mr Chris Murray, CEO and Managing Director.
12 November 2015Geodynamics Limited is pleased to announce that its wholly owned subsidiary Quantum Power Limited (Quantum) was today informed by the Clean Energy Regulator (CER) that it had successfully bid in the Emissions Reduction Fund Auction.
30 October 2015Geodynamics reports on the Company's activities during the September 2015 quarter.
21 October 2015Presentation delivered at the Australian Microcap Investment Conference.
03 December 2014Geodynamics Limited wishes to advise that ASIC has granted an extension of the period within which the Corporations Act 2001 required the company to hold its Annual General Meeting.
01 December 2014Geodynamics wishes to advise that, following the unforseen postponement of the Annual General Meeting (AGM) as announced on 27 November 2014, a new meeting has now been scheduled for Monday 8 December 2014.