On 28 October 2013, Spencer Resources Limited announced that it had signed an agreement to acquire all of the shares in Bulletproof Networks Pty Ltd, giving effect to the reverse takeover of Spencer by Bulletproof shareholders.  

The transaction received approval from Spencer shareholders at an Extraordinary General Meeting held on 17 December 2013. 
On 20 January 2014, Spencer Resources Limited was renamed Bulletproof Group Limited (ASX:BPF).
The company was re-admitted to the official list of the ASX on 23 January 2014.
For investor information relating to Bulletproof Group Limited, please visit www.bulletproof.net.au/investors


Spencer Resources was incorporated on 11 January 2011 with the intention of becoming actively involved in exploration, development and investment in resource opportunities covering a suite of minerals.  Listing on the Australian Securities Exchange (ASX) occurred on 29 March 2012.

Spencer has a controlling interest in four exploration licences in South Australia located on northern Eyre Peninsula being:

  • Mt Double EL 4776 - Spencer 70%, Minotaur Operations P/L 30%
  • Pandurra Project – EL 4692 Pandurra, EL 4708 Koolcutta, EL 4843 Yudnapinna - Spencer 80%, Minotaur Operations P/L 20%

Spencer Resources no longer has an interest in EPM 17071 (Iron Pot Creek) in

Queensland following withdrawal from the Tenement Purchase Agreement with Carbine Tungsten Ltd in May 2013.

Spencer Resources has signed an agreement with Bulletproof Networks Pty Ltd (Bulletproof) that will see Spencer Resources acquire 100% of the issued capital of Bulletproof. (refer ASX release dated 28 October 2013)

Bulletproof is a very successful Sydney based company involved in Information Technology (IT) and Cloud Computing locally and overseas. Bulletproof’s focus on technical expertise, highly reliable and secure infrastructure and world‐class managed services has seen the company achieve over 40 per cent compound annual growth over the last five years. This impressive sustained growth has seen Bulletproof recognised as a Deloitte Fast 50 technology company every year since 2010 as well as being named in the CRN Fast 50 in 2012 and the BRW Fast 100 in 2013.

More information on Bulletproof can be found at http://www.bulletproof.net.au/