Each one in plain English, with the numbers worked through for a shareholder.
8 Apr 2025other● NeutralMajor
EUR announced a Preliminary Economic Assessment for Tanbreez, a rare earth mine producing a concentrate for export, citing a 45Mt at 0.40% resource. The excerpt gives no economic figures. EUR said CRML's 31 March Nasdaq statements do not meet ASX rules and should not be relied on.
28 Mar 2025admin correction● Neutral
EUR re-issued its 18 March Tanbreez deep-drilling announcement with added resource category disclosures, ASX rule statements and drill hole details. The results are unchanged. This is a compliance correction only.
24 Mar 2025security holder rights change● Neutral
EUR moved the replacement options offer record date from 19 to 31 March 2025, with the offer opening 2 April and closing 14 April. Terms are unchanged: A$0.002 per option, exercisable at A$0.10 to April 2027. Shareholder meeting is still expected in May.
21 Mar 2025half year report● Neutral
EUR lodged its half-year report to 31 December 2024. The excerpt covers Austrian exploration (3 planned holes of about 220m at Quarry Ebner) and the completed Leinster acquisition, with financials not shown. Lodging it ends the suspension.
21 Mar 2025listing compliance notice● Neutral
ASX will lift EUR's suspension from 24 March 2025 after it lodged its half-year report. This resolves the 17 March suspension.
18 Mar 2025drilling result▲ Good
EUR published historical Tanbreez holes: DX-01 (2010) averaged 0.42% rare earth oxide over 338m, and D7-14 (2007) 0.44% over 243m. They are similar in grade to the 2024 hole A1-24. The 15 remaining 2024 holes are still awaited.
17 Mar 2025listing compliance notice▼ BadMajor
ASX suspended EUR shares from 17 March 2025 for not lodging its periodic report (the half-year report) by the due date. This is the second suspension for late reporting, after the October 2024 one over the annual report.
14 Mar 2025capital raising announcement● Neutral
EUR will offer holders of expiring EUROB options one new option per old at A$0.002, exercisable at A$0.10 to April 2027. Directors will apply for 42M and underwrite the rest. 35M advisor options go to CRML placement advisors. Shareholder approval is due in May.
13 Mar 2025resource reserve update▲ GoodMajor
EUR reported Tanbreez's maiden resource: 44.9Mt at 0.38% rare earth oxide (indicated and inferred), from a 2016 estimate for former owner Rimbal. It is not updated. EUR holds 7.5% directly, and with CRML 49.5% combined.
3 Mar 2025security holder rights change● Neutral
EUR notified that 223,076,970 quoted EUROB options at A$0.18 expire 31 March 2025, with quotation ending 25 March. The last share price cited was A$0.001 on 28 February. Holders must pay by 31 March to exercise or the options lapse.
3 Mar 2025asset acquisition disposition● Neutral
EUR committed A$500k to Moab Minerals, a Tanzanian uranium explorer, for 166,666,667 shares at A$0.003 plus one free option per two shares (A$0.008, expiring Dec 2027). This is a small new investment outside EUR's core assets.
27 Feb 2025director officer appointment● Neutral
CRML appointed Michael Ryan, a former US Defense Department official, as independent director from 1 March 2025, taking its board to five. This follows its stated plan to add directors. CRML at US$2.40 valued EUR's 70.4% stake at US$226M, down from US$422M two weeks earlier.
12 Feb 2025investor presentation● Neutral
CRML's equity raise was upsized to US$24.5M. It plans Tanbreez results by late March, a maiden resource at end of June quarter, Wolfsberg Zone 2 drilling in Q3, two new directors, and mine build in 2025. EUR's 70.4% stake valued at US$421.7M at US$6.35.
7 Feb 2025capital raising announcement● NeutralMajor
CRML raised about US$22.5M at US$5.00 a share, with warrants at US$7.00, to fund Tanbreez and Wolfsberg. The price is below the US$8.50 of mid-January. EUR's 74.30% stake was valued at US$382M at US$5.75.
22 Jan 2025material agreement● NeutralMajor
CRML signed a convertible note of up to US$500M to buy bitcoin, with US$100M in the first tranche. Notes convert at US$6.00 and warrants at US$7.00. EUR's 74.30% CRML stake was valued at US$564.5M at US$8.50.
20 Jan 2025price query● Neutral
EUR responded to ASX's price query (A$0.043 to A$0.081 since 7 Jan), saying it knew of no undisclosed information and pointing to the Tanbreez drill results released the same day. This explains the 16 Jan trading pause.
20 Jan 2025drilling result▲ GoodMajor
First assays from the Tanbreez confirmation drilling (EUR directly holds 7.5%): a 40m intersection from surface averaging 4,722.51 ppm total rare earth oxide, 26.96% heavy. Only the first of sixteen holes; CRML had already released it on Nasdaq in Nov and Dec 2024.
16 Jan 2025other● Neutral
ASX paused trading in EUR shares pending a further announcement. No reason is given in the notice.
10 Dec 2024other● Neutral
EUR lodged a cleansing prospectus offering 10,000 shares at A$0.0425 and 10M options to Evolution Capital. It exists to lift trading restrictions on the December placement shares and options. Administrative, no new business information.
6 Dec 2024capital raising announcement● NeutralMajor
EUR raised A$2M from one institutional investor at A$0.0425 a share, a 17% discount to the 5-day average price. Funds go to Leinster sampling and drilling and working capital. Lead manager Evolution gets 6% plus 10M options (A$0.08, exp 14 Nov 2025).
3 Dec 2024price query● Neutral
ASX queried EUR's share price rise from A$0.026 (26 Nov) to A$0.063 and heavy volume. EUR said it knew of no undisclosed information and had no other explanation, and confirmed compliance with disclosure rules.
2 Dec 2024regulatory community update▲ GoodMajor
Carinthian authorities ruled no Environmental Impact Assessment is needed for CRML's Wolfsberg lithium project, which the chairman says opens a fast-track approval path. EUR holds 74.30% of CRML, valued at US$452M at US$6.81. Moves the open Wolfsberg approval thread forward.
25 Nov 2024asset acquisition disposition▲ GoodMajor
EUR completed buying 100% of Ireland's Leinster Lithium Project by transferring 1,371,742 CRML shares to Technology Metals, locked up to 28 Feb 2025. This closes the April 2024 deal, which was agreed at 1,234,568 shares. George Karageorge was appointed Executive General Manager Exploration.
15 Nov 2024other▲ Good
EUR re-released Cyclone Metals' announcement of a non-binding MoU with Vale on the Iron Bear iron ore project: Vale could contribute up to US$18M, then earn up to 75%. EUR holds 74,101,028 Cyclone shares (10.66%), up from 11.3% earlier noted.
30 Oct 2024admin correction● Neutral
Appendix 4G and corporate governance statement for the year ended 30 June 2024, lodged with the annual report. Compliance paperwork with no new business information.
30 Oct 2024annual report● Neutral
FY2024 annual report. The chairman says the lithium price collapse hurt the share price despite a strong operating year, and that accounting rules stop the balance sheet showing the CRML stake, worth A$1.145B at 30 June. Financial figures were not visible in the text.
30 Oct 2024listing compliance notice▲ Good
ASX will lift EUR's suspension from the start of trading on 31 October 2024 after it lodged its 2024 accounts. This resolves the suspension imposed on 1 October for the late report.
1 Oct 2024listing compliance notice▼ BadMajor
ASX suspended EUR's shares from 1 October 2024 for not lodging its annual report on time. This follows the company's own delay notice of 30 September. Trading resumes once the report is filed.
30 Sept 2024other▼ Bad
EUR will miss the 30 September deadline for its 2024 annual report. It says it is waiting for CRML's accounts to finish the audit, citing the complexity of the merger, and expects to file by 15 October 2024.
24 July 2024asset acquisition disposition▲ Good
CRML issued 8,398,656 shares to Rimbal for a further 36.45% of Tanbreez, lifting its stake to 42.00%. EUR keeps its 7.5%. EUR's CRML holding is now described as approximately 75%, down from 83.03%, with the cause not explained in the text.
