Gulf is a resource development company that creates value for shareholders through the identification, acquistion and valorisation of resource focused projects, with a particular emphasis on regions where Gulf maintains relationships that provide a strategic advantage.

Gulf's current operations are focused in Eastern Africa.

Strategies implemented by Gulf in mid 2008 focused on projects capable of providing the company with an early cash flow, enabling company management to negotiate and sign a Sale and Purchase Agreement with Rio Tinto International Holdings Ltd for the 100% acquisition of the East African Vermiculite Project in Eastern Uganda.

During the ensuing year the company continued to review and rationalise operations, making significant cuts in expenditures where possible, while ensuring the Gulf group retains its primary assets and experienced management team.

ASX Listed

Gulf Resources Ltd (ACN 115 027 033) is an Australian public company listed on the Australian Stock Exchange (ASX: GLF). The company was incorporated as and Australian public company on June 30, 2005 and listed on the ASX (Australian Stock Exchange) on 10 August 2006.

Corporate Structure

The company currently has 185.9m shares on issue with 25.4m options exercisable at 20 cents, 42.6m options exercisable at 10 cents and 12m exercisable at 5 cents. 

Currently the company has approximately 620 shareholders. The top 20 shareholders hold 44% of the issued capital.