2 Sept 2026security holder rights change● Neutral
400,000 unlisted options exercisable at $0.70 (100,000 EL8AN and 300,000 EL8AO) expired on 28 August 2026. Administrative notice; no proceeds stated.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
31 Aug 2026flow test result▲ GoodMajor
First pilot plant results: Stages 1–4 reject about 88% of ore mass, recover 79% of uranium and lift grade from 89 to 590ppm (7x), in line with bench-scale tests. Final uranium flotation stage results are due Q4 2026. Resolves the August results thread in part.
7 Aug 2026asset acquisition disposition● Neutral
Closing of the 5% Marenica purchase from Millenium is extended again, now to 30 September 2026. Elevate currently owns 85% of Marenica; the move to 90% remains pending.
29 July 2026quarterly activities report● Neutral
June quarter: cash $28.9M (from $34M), exploration spend $4.09M. Pilot plant results still targeted for August but could slip, with delays blamed on imported equipment and Namibian customs. Marenica resource up 31% and ownership move to 90% announced.
28 July 2026asset acquisition disposition● Neutral
The 10% Marenica purchase from Xanthos is complete: 4,701,659 shares issued and $1.1M cash paid. The 5% purchase from Millenium is delayed, with closing extended to 7 August 2026, so the 90% target slips past July.
13 July 2026asset acquisition disposition▲ GoodMajor
Elevate agrees to buy a further 15% of Marenica, lifting its interest from 75% to 90%, for $1.1M cash plus $2.2M of shares, and release of a $3.43M non-cash debt owed by Millenium. Xanthos keeps 10% free-carried. Completion expected by end-July 2026.
11 June 2026security holder rights change● Neutral
Voluntary escrow on 4,461,869 shares ends 18 June 2026. Administrative notice. Inference: likely relates to the Core Lithium share issue (half escrowed six months), though the text does not say.
10 June 2026resource reserve update▲ GoodMajor
Marenica resource rises 31% to 52.8Mlb at 180ppm (100ppm cut-off) after infill drilling of Areas A and B, adding 12.6Mlb to February's 40.2Mlb. Indicated is 7.5Mlb. Namibian resources reach 116Mlb, global 173Mlb. Four rigs continue Inferred-to-Indicated infill.
30 Apr 2026drilling result▼ BadMajor
Three Angela holes (1,860m) hit mineralisation within the existing 30.8Mlb resource, best 1.4m at 1,421ppm, but the main Deep Reflector target found no mineralisation. Resolves the open Angela results; the company will weigh future work against capital priorities.
28 Apr 2026quarterly activities report● Neutral
March quarter: 788 Namibian holes drilled, cash $34M (from $37M in December). Pilot plant results slip to August 2026 as baseline operation was not achieved on time; bench-scale results said to remain valid. Further Marenica resource update expected in the June quarter.
15 Apr 2026resource reserve update▲ GoodMajor
Maiden Inferred resource of 10.1Mlb at 155ppm (100ppm cut-off) declared at Namib IV, lifting the Koppies Project to 76.2Mlb and Namibian resources to 106.4Mlb. Global total is 163.4Mlb. This delivers the Namib IV maiden resource targeted for early 2026; mineralisation remains open.
9 Apr 2026agm notice● Neutral
Letter notifying shareholders of a general meeting on 8 May 2026 in West Perth, with the notice online only; proxies due 6 May. The purpose of the meeting is not stated in this letter.
9 Apr 2026production update▼ BadMajor
Pilot plant has not yet reached steady state; results now expected August 2026, versus earlier plans for first runs in Q1. A Namibian operations manager is appointed and the MD is on site. Company says bench-scale results remain valid and it is fully funded.
13 Mar 2026half year report● Neutral
Half-year to 31 December 2025: loss of $6.24M (prior year $7.57M). Reports total resources of 153.3Mlb after the Marenica update, 513 Namibian holes drilled, and the pilot plant commissioned with steady state operation in Q1 CY2026.
12 Feb 2026asset acquisition disposition● Neutral
Orpheus says the deadline for conditions on buying Oobagooma from Elevate's subsidiary is extended 75 days from 11 February 2026 to finalise third-party agreements. Completion after 27 February needs a further Orpheus shareholder approval. Elevate's sale is delayed, not abandoned.
9 Feb 2026investor presentation● Neutral
February 2026 presentation to 121 Cape Town restating the strategy. It shows total resources of 153Mlb (reflecting the Marenica re-estimate), 466M shares and A$37M cash at 31 December. Pilot plant first ore run is now Q1 CY2026. No new results.
5 Feb 2026resource reserve update▲ GoodMajor
Marenica resource re-estimated to JORC 2012: 40.2Mlb at 185ppm at a 100ppm cut-off, double the old grade. At 50ppm it is 59.0Mlb, up 1.8Mlb on the 2004 estimate. Some wide-spaced areas excluded; infill drilling starts this month.
3 Feb 2026security holder rights change● Neutral
14,904,798 placement options exercisable at $0.60 expired on 30 January 2026, resolving the open thread on those options. Administrative notice; the text gives no proceeds.
21 Jan 2026quarterly activities report● Neutral
December quarter: 260 Namibian holes drilled, Angela's three holes (1,860m) finished with results due in the March quarter, Napperby acquisition completed 22 December, and the $25M placement completed. Pilot plant steady state still expected late January; Marenica resource update due March quarter.
23 Dec 2025asset acquisition disposition● Neutral
Core Lithium's side of the deal: sells Napperby, Fitton and Entia to Elevate for $2.5M cash plus 8,923,738 Elevate shares (valued $2.5M; half escrowed six months) and a 1% royalty on the Napperby tenement. Completed.
23 Dec 2025asset acquisition disposition▲ GoodMajor
Elevate completes acquisition of 100% of Uranium Generation from Core Lithium, adding the Napperby resource (8.03Mlb at 382ppm, 25km from Minerva), plus Fitton (SA) and Entia (NT). Total resources rise to 169Mlb. Consideration is detailed in Core's release.
17 Dec 2025security holder rights change● Neutral
4,200,000 unlisted options exercisable at $0.61 expired on 16 December 2025 unexercised. Administrative notice; no cash raised from them.
15 Dec 2025production update● Neutral
U-pgrade pilot plant is assembled in Namibia, with commissioning nearly complete and 40 local operators trained. Steady-state operation now expected late January 2026, later than the end-November commissioning previously flagged. Results from the plant are needed for Koppies and Marenica studies.
2 Dec 2025security holder rights change● Neutral
Following shareholder approval on 27 November, grants directors 2,865,711 options at $0.41 (expiring December 2029) and Managing Director Murray Hill 658,245 long-term and 647,454 short-term performance rights. Routine incentive issue, completing the approval sought at the AGM.
27 Nov 2025investor presentation● Neutral
November 2025 corporate presentation restating 161Mlb total resources, 457M shares and about A$40M cash including the $25M placement. Pilot plant said to have arrived in Namibia in November, with first ore run targeted for Q4 CY2025. No new results.
12 Nov 2025agm notice● Neutral
Notifies shareholders of an addendum to the AGM notice; meeting date and time unchanged (27 November 2025). The content of the addendum is not given in this letter.
12 Nov 2025drilling spud● Neutral
Drilling begins at the 100%-owned Angela project in the NT: three diamond holes, about 1,860m, testing seismic targets below known mineralisation. Partly funded by the $112,000 NT grant. Takes about four weeks, so results are expected soon. Angela's current resource is 30.8Mlb at 1,310ppm.
31 Oct 2025capital raising announcement▲ GoodMajor
Raises $25M through a placement of about 71.4M shares at $0.35, a 12.5% discount to the last close. Lifts pro-forma cash to about $43.9M from $18.9M. Funds go to the pilot plant, Marenica work, drilling in Namibia and Australia, and possible acquisitions. Shares on issue rise to about 457M.
What it means for a shareholder
71.4m new shares at A$0.350 to raise about A$25.0m. That's 16% dilution: every existing holder's slice gets 16% smaller. If you held A$1,000 of shares (2,857 at the issue price), your slice goes from 0.000741% to 0.000625% of the company. To keep it you'd need 529 more shares - about A$185 at the issue price.
Create a free account to see this worked out for your own holding.
29 Oct 2025quarterly activities report● Neutral
September quarter: pilot plant tested and shipped, but shipping delays push arrival in Namibia to early November (previously early October), with commissioning by end of November. 253 Namib IV holes drilled; maiden resource there now targeted early 2026. Cash was $18.9M; Oobagooma sale restated.
17 Oct 2025agm notice● Neutral
Letter telling shareholders the 27 November 2025 AGM notice is online rather than posted; proxies due 25 November. Administrative.