Past year: ▲ 39%(29.0c – 56.5c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
30 June 2021resource reserve update▲ Good
A review of historic data defined priority uranium targets at the new Powerline and Cypress projects, based on 268 radioactive occurrences and rock chips up to 7.31% U3O8. Targets will be refined in the September quarter, with drilling afterwards. Not a resource estimate.
11 June 2021investor presentation● Neutral
June 2021 corporate presentation updating earlier material: 21 claims across five projects, 28.5 cent share price (10 June) and Ellerston Capital at 6.17%. Repeats known Gemini survey results and drilling plans.
9 June 2021drilling result▲ Good
Preliminary airborne survey results at southern Gemini show several conductive features, some near earlier lake and bog uranium anomalies. Drilling of high-priority targets is scheduled for early July. Results are preliminary and not a discovery.
17 May 2021asset acquisition disposition▲ GoodMajor
92 Energy pegged two new projects, Cypress River and Powerline Creek, covering 23,000 hectares (seven claims) near the north-western edge of the Athabasca Basin, next to the historic Beaverlodge uranium district. Held 100%; expands the portfolio beyond the original three projects.
3 May 2021drilling progress report▲ Good
First exploration work began: a 2,500 line-km airborne electromagnetic (VTEM) survey over Gemini and Tower, flown by Geotech. It aims to define Gemini drill targets for late June, with Tower drilling planned for northern winter 2022.
3 May 2021investor presentation● Neutral
May 2021 corporate presentation repeating known facts: 100% of 14 claims, 66.2M shares, 26 cent price and $10.05M market cap at 30 April 2021. Gemini drilling targeted for late June to mid July.
3 May 2021director officer appointment● Neutral
Steve Blower resigned as IsoEnergy's board representative after leaving IsoEnergy, effective 30 April 2021, and stays as an exploration consultant. His 630,000 director options are forfeited; the board seat stays open until IsoEnergy names a replacement.
13 Apr 2021other● Neutral
Top holders report as at 12 April 2021: IsoEnergy is the largest holder with 10,755,000 shares (16.25%), and the top 20 hold 45.47% of 66,185,001 shares. Administrative listing filing.
13 Apr 2021admin correction● Neutral
Pre-quotation confirmations: 35,000,000 shares issued at $0.20 on 6 April 2021, 66,185,001 shares and 7,785,000 options on issue, and the IsoEnergy agreement completed (16.25%). Pro-forma cash was about $7.19m. Mostly repeats listing details already known.
13 Apr 2021other● Neutral
Securities trading policy filed for listing, restricting insider trading and setting closed periods around reports for directors and key staff. Administrative, with no new commercial developments.
13 Apr 2021other● Neutral
Employee securities incentive plan template filed as a listing document. Administrative, with no new commercial developments.
13 Apr 2021other● Neutral
Listing application and information form lodged with ASX, seeking quotation of up to 66,185,001 shares. Lists the board, CEO Siobhan Lancaster and auditor BDO. Administrative paperwork for the listing already announced; no new commercial developments.
13 Apr 2021other● Neutral
Company constitution, adopted 28 October 2020, filed as a listing document. Sets out share rights and governance rules; administrative, with no new commercial developments.
13 Apr 2021annual report● Neutral
Financial report from incorporation to 30 June 2020, filed as part of listing documents. Repeats the company's origins, the two database acquisitions and the October 2020 IsoEnergy agreement over Canadian Athabasca Basin claims. No new information.
13 Apr 2021other● Neutral
IPO prospectus dated 26 February 2021, offering 25,000,000 shares at $0.20 to raise $5,000,000, with up to $2,000,000 more in oversubscriptions. It is the offer document behind the completed $7,000,000 raise; the text provided is mostly legal notices.
13 Apr 2021capital raising announcement▲ GoodMajor
92 Energy was admitted to the ASX on 13 April 2021 as a uranium explorer, with trading from 15 April. Its IPO raised $7,000,000 by issuing 35,000,000 shares at $0.20, leaving 39,390,001 shares quoted and the rest escrowed.
What it means for a shareholder
35.0m new shares at A$0.200 to raise about A$7.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
13 Apr 2021other● Neutral
Corporate governance statement filed for listing, setting out how the company meets the ASX governance recommendations. Administrative, with no new commercial developments.
13 Apr 2021other● Neutral
Shareholder holdings range report as at 12 April 2021 shows 563 holders and 66,185,001 shares on issue. Administrative listing filing; no new commercial developments.
13 Apr 2021half year report● Neutral
Interim accounts to 31 December 2020 outline the company's formation in February 2020 and its December 2020 purchases of two uranium project databases for 2,000,000 shares each. Also describes the IsoEnergy agreement: 16.25% of the company at IPO, $200,000 payments, 2% royalty, $1,000,000 minimum spend.
