Each one in plain English, with the numbers worked through for a shareholder.
14 Oct 2025security holder rights change● Neutral
Grants 1.08M long-term performance rights, 2.85M options at $0.65 expiring October 2029, and 1.09M short-term performance rights under its employee incentive plan. Routine incentive issue with vesting conditions.
14 Oct 2025asset acquisition disposition● NeutralMajor
Elevate agrees to sell its 100%-owned Oobagooma project in WA to Orpheus Uranium for $175,000 cash plus 20M Orpheus shares upfront, with up to 40M more shares on exploration milestones. A $50,000 exclusivity fee is paid. Completion needs Orpheus shareholder approval; Elevate calls it non-core.
Orpheus Uranium's own announcement of its binding deal to buy the Oobagooma project from Elevate's subsidiary, citing historical drilling intercepts from 1983 and at least four possible roll fronts over 9km. Counterparty view of the sale detailed in Elevate's separate release.
Corporate governance statement for the year to 30 June 2025, approved 19 September 2025. Compliance disclosure with no new business information; it notes no measurable gender diversity objectives were set.
2025 annual report (year to 30 June 2025) restates 161.1Mlb total resources, including Koppies 66.1Mlb and Marenica 61.3Mlb. Says the U-pgrade pilot plant was built and shipped in August 2025, due in Namibia in October; 3,605 holes (100,047m) drilled in Namibia over the year.
Pilot plant finishes factory testing and ships to Namibia in early August, arriving October with operation from November. Operating and analysing at least 60 tonnes is expected to take four to five months. Pushes first results to roughly early 2026 (inference).
June quarter: pilot plant finishes factory testing in July, ships early August and arrives in Namibia early October. Namib IV envelope exceeds 11km x 7.5km; 310 Namibian holes drilled. Angela drilling planned for Sept/Oct 2025. Largely restates known news.
Northern Territory Government awards up to $112,000 to co-fund two of three planned diamond holes (~1,860m) at the 100%-owned Angela project, testing seismic targets for extensions to the 30.8Mlb resource. A small grant, but it trims exploration cost.
June 2025 corporate presentation restating the 160Mlb global resource, Koppies 66Mlb and the pilot plant plan. Shows 386M shares, market cap A$116M at $0.30, cash A$24.5M at 31 March 2025 and no debt. No new results.
Marenica hole MAR2500 intersected 13m at 203ppm in granite, with mineralisation to 58.5m depth, a new style of target outside the existing 61Mlb resource. Drilling is complete; follow-up planned later in the year. The extent is unknown.
Broad-spaced drilling at Namib IV outlines a mineralised envelope about 11km by 7.5km, mostly in basement rock rather than palaeochannels. Infill drilling will target a maiden resource later in 2025. Company relinquishes EPL 6663, 7436 and 8728 after finding no significant mineralisation.
March quarter: demonstration plant on schedule for mid-2025 completion; 817 Namibian holes drilled (23,715m), 308 at Namib IV toward a 2025 maiden resource. Scott Perry appointed chairman and Bigrlyi resource rose to 23.9Mlb. Mostly restates known news.
Clarifies JORC disclosure for the Marenica ore samples behind U-pgrade bench tests. The company says earlier results remain valid, including grade lifting from 93ppm to over 5,000ppm and 50-times concentration. Compliance clarification with no new results.
27 Mar 2025director officer appointment● NeutralMajor
Scott Perry, former Centerra Gold CEO (2015-2022), becomes Chairman immediately, succeeding Andrew Bantock, who retires after seven years. Ends Bantock's tenure and brings a mining executive with project financing and corporate transaction experience as the Koppies project advances.
Update that the U-pgrade demonstration plant, awarded to Fremantle Metallurgy in December 2024, is on schedule for completion by end of first half 2025, with operation in Namibia late 2025. It will process at least 60 tonnes of Koppies ore. Confirms the earlier timetable.
Half-year to 31 December 2024: loss of $7.57M, up from $4.43M a year earlier. The $25M placement was completed in the period. The report cites a global resource of 161.1Mlb and Koppies at 66.1Mlb, with demonstration plant work funded.
Partner Energy Metals lifts the Bigrlyi resource 12% to 23.9Mlb (from 21.3Mlb), with 20% now Measured. Elevate holds 20.8% of the joint venture, so this adds to its Australian resource. Further 2025 drilling is planned by the operator.
Cape Town conference presentation restating the 160Mlb resource and the U-pgrade plan. It shows about 386M shares on issue and cash of A$26.6M at 31 December 2024, with no debt. No new results.
December quarter: both tranches of the $25M placement are complete (second on 20 December), and Paradice holds 9.9%. The demonstration plant design and construction contract is awarded, with operation in Namibia targeted for late 2025. Namibian drilling totalled 815 holes (23,581m).
Partner Energy Metals' chemical assays confirm the Bigrlyi gamma results, including 10.5m at 1.1% U3O8 in BRD2408. Grades rose 12% on average. A resource update is expected in Q1 2025. Elevate holds 20.8% of the joint venture.
Company update: U-pgrade testwork on six tonnes of Koppies ore is progressing, with results expected early 2025. The engineering contract is expected by end-2024 and the demonstration plant is now due to operate in late 2025. Namib IV, Capri and Hirabeb drilling returned intercepts, including 3.5m at 2,053ppm. Maiden resources are targeted at Namib IV and Capri in 2025.
Notifies shareholders of a General Meeting at 2:00pm on 12 December 2024 in West Perth. Its purpose is not stated in the letter; it is presumably the approval of Tranche 2 of the placement (inference). Administrative notice.
Advises that an addendum to the 22 October AGM notice has been released. The meeting date and time (29 November 2024) are unchanged. The content of the addendum is not described. Administrative only.
September quarter: the $25M placement was announced, the Koppies resource was upgraded to 66.1Mlb, and U-pgrade testwork continues. The demonstration plant is targeted to operate by mid-2025. Hirabeb drilled 358 holes and Capri 336 holes. Largely restates known news.
Conference presentation at IMARC in Sydney restating the 160Mlb global resource (112Mlb Namibia, 48Mlb Australia), the Koppies resource and the U-pgrade demonstration plan. No new results are shown in the extract.
Notifies shareholders that the Annual General Meeting is on 29 November 2024 at 10.30am in West Perth. The notice is online only, with proxies due 27 November. Administrative notice with no new operating information.
22 Oct 2024capital raising announcement▲ GoodMajor
Raises $25M in a two-tranche placement at $0.325 per share, a 14.5% discount to the last close. Paradice commits ~$12.4M for ~9.9%. Funds an U-pgrade demonstration plant, the Koppies scoping study and ~100,000m of drilling. Tranche 2 (~$14.5M) needs shareholder approval.