5 Feb 2021admin correction● Neutral
Routine notice: 1,849,999 shares issued, 1,249,999 on option exercise at 5c and 600,000 settling A$30,000 owed to the CEO. Administrative only.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 Feb 2021drilling scheduled▲ GoodMajor
Phase 2 drilling of up to 21 deep holes (320-510m, max 8,340m) at Wolfsberg is due to start mid-February 2021, aiming to upgrade 4.68Mt of inferred resource and extend Zone 1. Upgraded resource targeted by end Q3 2021, COVID permitting.
1 Feb 2021investor presentation● Neutral
February 2021 corporate presentation on Wolfsberg. Only the disclaimer was provided, so no new facts can be reported.
1 Feb 2021admin correction● Neutral
Routine notice: 2.9M shares issued, 1.9M under the January placement and 1M without stated purpose. Administrative only.
29 Jan 2021investor presentation● Neutral
DRA Global appointed to supervise final metallurgical testing with Dorfner. Company says the feasibility study is on target and aims for operation in 2023. This pushes back the earlier late 2021/early 2022 production target. Final report expected within months.
28 Jan 2021capital raising announcement▲ Good
Issued 193.65M shares, including 138.1M placement shares and 42.1M Share Purchase Plan shares. The plan was fully subscribed at its A$2M cap and scaled back. Also 12.5M shares from converting 700 Winance notes.
22 Jan 2021admin correction● Neutral
Routine notice: 926,111 shares issued on exercise of options. Administrative only.
19 Jan 2021capital raising announcement▲ GoodMajor
Secured commitments for a A$7M placement at 5c with one 7.5c option for every two shares, for Wolfsberg, the WA gold tenement and working capital. Evolution Capital and Empire lead it for a 6% fee. Options need shareholder approval.
8 Jan 2021capital raising announcement● Neutral
Share Purchase Plan closing date extended again, to 22 January 2021, with shares due 2 February. Administrative.
3 Dec 2020capital raising announcement● Neutral
Share Purchase Plan closing date extended again, to 8 January 2021, with shares due 19 January. Administrative.
17 Nov 2020capital raising announcement● Neutral
Share Purchase Plan closing date extended again, to 4 December 2020, with shares due 15 December. Administrative.
11 Nov 2020regulatory community update● Neutral
Application for WA gold tenement E47/4144 is progressing through approvals, with heritage compliance nearly done before native title notification. Desktop review found targets extending known gold occurrences nearby. No drilling or results yet; grant still pending.
6 Nov 2020admin correction● Neutral
Routine notice: 6,666,667 shares issued, 5,000,000 on conversion of 200 Winance notes and 1,666,667 converting A$50,000 of debt. Administrative only.
3 Nov 2020admin correction● Neutral
After AGM approvals, 1,643,288 shares and 20,634,199 unlisted 5c options (expiring 31 July 2022) were issued. This clears the pending approvals for placement options and director debt conversion. Administrative notice.
2 Nov 2020other● Neutral
Routine notice: issued capital was 718,229,901 ordinary shares at 31 October 2020. Administrative only.
30 Oct 2020capital raising announcement● Neutral
Share Purchase Plan closing date extended from 3 November to 20 November 2020, with shares now due 1 December. Administrative.
28 Oct 2020investor presentation● Neutral
Chairman Tony Sage to present at an online investor webinar on gold and rare earths on 29 October 2020. No new facts.
9 Oct 2020admin correction● Neutral
Routine notice: 1,106,383 shares issued, 1,000,000 to Empire under its new mandate and 106,383 converting A$5,000 of debt. Administrative only.
9 Oct 2020listing compliance notice● Neutral
Company will withdraw from the London AQSE Growth Market, with trading there ending 6 November 2020. Shares stay listed on ASX, Frankfurt and Vienna.
8 Oct 2020capital raising announcement● Neutral
Offer booklet for the Share Purchase Plan at 4.75c, targeting about A$2M, up to A$30,000 per holder, open 8 October to 3 November. Funds go mainly to exploring the new WA gold tenement E47/4144, plus costs and working capital.
6 Oct 2020material agreement● NeutralMajor
Signed a 12-month mandate with Empire Capital to advise on a merger or acquisition and raise A$10M-A$20M, with 1M shares issued up front. No target or financing proposal exists yet. The Share Purchase Plan (SPP) opens 8 October at 4.75c.
1 Oct 2020other● Neutral
Routine notice: issued capital was 717,123,518 ordinary shares at 30 September 2020, up from 668,959,875 after the placement. Administrative only.
23 Sept 2020listing compliance notice● Neutral
Replying to an ASX price query, the company says it learned of the ballot win after market close on 18 September and only realised on 21 September it might be material, then requested a halt. It confirms Listing Rule 3.1 compliance.
23 Sept 2020asset acquisition disposition▲ GoodMajor
Won a ballot for a new ~130km² exploration licence E47/4144 in north-west WA, targeting conglomerate gold and iron ore. Subject to ministerial approval; 50% will be held for a third party. Also plans a Share Purchase Plan of up to A$2M at 4.75c.
23 Sept 2020capital raising announcement● Neutral
Formal compliance notice for 44,363,643 placement shares issued on 22 September 2020 under existing placement capacity. Administrative; the share count differs from the roughly 46.4M mentioned in the raising announcement.
22 Sept 2020capital raising announcement▲ GoodMajor
Completed a placement of about A$2.1M (46.4M shares) at 4.5c, with a 1-for-4 free 5c option expiring July 2022 (needs shareholder approval). Funds go to metallurgical testing and the feasibility study, and to redeem 500 Winance notes for A$636,364.
21 Sept 2020listing compliance notice● Neutral
ASX paused trading in the shares pending a further announcement. Administrative only.
15 Sept 2020annual report● Neutral
Appendix 4G governance checklist filed with the annual report. Administrative only, no new substance.
15 Sept 2020annual report● Neutral
Annual report for the year to 30 June 2020 shows a net loss of A$3.26M (2019: A$2.80M). It lists the board changes and the placement plan already announced. The auditor's report was not in the text provided.
14 Sept 2020investor presentation● Neutral
Presentation for virtual European and Australian roadshows. Only the disclaimer text was provided, so no new facts can be reported; treated as a presentation, likely repeating known information.