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On 5th June 2006 the company listed on the Australian Stock Exchange Ltd, after raising over $5 Million in seed capital and IPO funding.
Mr. Arun Jagatramka, who brings international business expertise as the Vice Chairman of Rey’s largest shareholder, Gujarat NRE Coke Ltd based in India has joined the Board.
Rey Resources Limited was incorporated in to acquire the Liveringa and Eradu coal exploration assets in the Canning Basin, Western Australia. Rey subsequently acquired and invested further in several mineral exploration projects located in established mining districts in Chile and Peru, which are prospective for copper and gold. The South American interests provide Rey with commodity and geographical diversification from its coal projects. Details of these projects can be found in the Projects section of this web site.
Our strategic focus is to further assess and add value to the Company's exploration projects and, subject to the outcome of this exploration, Rey may later seek joint venture partners to further their development.
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