Bekanntmachung • Feb 03
Verity Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.043923 million. Verity Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.043923 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 81,756,911
Price\Range: AUD 0.025
Security Features: Attached Options
Transaction Features: Rights Offering Bekanntmachung • Dec 04
Verity Resources Limited (ASX:VRL) completed the acquisition of remaining 34% stake in BOTSWANA JV ASSETS from BCL Investments Limited. Verity Resources Limited (ASX:VRL) agreed to acquire remaining 34% stake in BOTSWANA JV ASSETS from BCL Investments Limited for $0.21 million on October 13, 2025. A cash consideration of $0.21 million will be paid by Verity Resources Limited. As part of consideration, $0.21 million is paid towards assets of BOTSWANA JV ASSETS. Upon completion, Verity Resources Limited will own 100% stake in BOTSWANA JV ASSETS.
Verity Resources Limited (ASX:VRL) completed the acquisition of remaining 34% stake in BOTSWANA JV ASSETS from BCL Investments Limited on December 3, 2025. New Risk • Nov 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (135% increase in shares outstanding). Revenue is less than US$1m (AU$31k revenue, or US$20k). Market cap is less than US$10m (AU$7.35m market cap, or US$4.80m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Bekanntmachung • Oct 24
Verity Resources Limited, Annual General Meeting, Nov 26, 2025 Verity Resources Limited, Annual General Meeting, Nov 26, 2025. Location: kew executive suites, 832 high street, kew east vic 3102, Australia Bekanntmachung • Oct 14
Verity Resources Limited (ASX:VRL) agreed to acquire remaining 34% stake in BOTSWANA JV ASSETS from BCL Investments Limited for $0.21 million. Verity Resources Limited (ASX:VRL) agreed to acquire remaining 34% stake in BOTSWANA JV ASSETS from BCL Investments Limited for $0.21 million on October 13, 2025. A cash consideration of $0.21 million will be paid by Verity Resources Limited. As part of consideration, $0.21 million is paid towards assets of BOTSWANA JV ASSETS. Upon completion, Verity Resources Limited will own 100% stake in BOTSWANA JV ASSETS. New Risk • Sep 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (171% increase in shares outstanding). Revenue is less than US$1m (AU$70k revenue, or US$46k). Market cap is less than US$10m (AU$8.05m market cap, or US$5.32m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Bekanntmachung • Sep 04
Verity Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Verity Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Ordinary Share
Security Type: Common Stock
Securities Offered: 69,973,867
Price\Range: AUD 0.024
Discount Per Security: AUD 0.00144
Security Features: Attached Options
Security Name: Ordinary Share
Security Type: Common Stock
Securities Offered: 55,026,133
Price\Range: AUD 0.024
Discount Per Security: AUD 0.00144
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Bekanntmachung • May 02
Verity Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.106036 million. Verity Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.106036 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 62,860,392
Price\Range: AUD 0.012
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,309,299
Price\Range: AUD 0.012
Security Features: Attached Options
Transaction Features: Rights Offering Bekanntmachung • Apr 04
Verity Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.106043 million. Verity Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.106043 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 24,416,667
Price\Range: AUD 0.012
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 67,753,583
Price\Range: AUD 0.012
Security Features: Attached Options
Transaction Features: Rights Offering Bekanntmachung • Mar 18
Verity Resources Limited Announces Board Changes Verity Resources Limited advised that Dr. Paul Woolrich has retired from the Board of the Company, and Mr. Paul Dickson has been appointed as an Independent Director, effective from March 18, 2025. The Board recognises and greatly appreciates Dr. Woolrich's significant contribution and wealth of geological knowledge he has provided the Company. Dr. Woolrich will remain as a consultant to the Company. The Company also announced the appointment of Mr. Paul Dickson as Independent Director of the Company, effective from March 18, 2025. Mr. Dickson has over 35 years of experience in the finance services industry and has worked with a number of stock broking firms including Ord Minett Ltd. and Colonial Stock-broking Limited. Paul is currently independent non-executive Chair of Alligator Energy Ltd. (ASX:AGE) and was appointed non-executive chair in 2018, where he oversaw the acquisition and development of the Samphire Uranium Project's Blackbush Deposit that has progressed to scoping study. Paul is also currently independent non-executive Chair of Axel REE Limited (ASX:AXL), which holds a major rare earth elements discovery in Brazil, where he chaired the company's ASX listing in July 2024. Paul was a founder/director of Paradigm Capital Pty Ltd. and DDM Capital Pty Ltd, which provided a range of services including capital raising and general corporate advice for small-cap companies and Proserpine Capital Partners Pty Ltd, a private equity business based in Melbourne. Paul also currently consults to the equity markets segment at Henslow Pty Ltd. Bekanntmachung • Mar 13
Verity Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million. Verity Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,000,000
Price\Range: AUD 0.012
Transaction Features: Subsequent Direct Listing Bekanntmachung • Jan 31
Verity Resources Limited Announces Change of Company Secretary Verity Resources Limited advised that Johnathon Busing has stepped down as Company Secretary, effective 31 January 2025. Patrick Volpe will hold the dual role of Company Secretary and Non Executive Director. New Risk • Dec 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (83% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m (AU$70k revenue, or US$45k). Market cap is less than US$10m (AU$3.14m market cap, or US$1.99m). Bekanntmachung • Nov 19
SI6 Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.560433 million. SI6 Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.560433 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 398,432,581
Price\Range: AUD 0.001
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 162,000,000
Price\Range: AUD 0.001
Transaction Features: Rights Offering Bekanntmachung • Oct 23
Si6 Metals Limited Announces Step Down of Ian Kiers as Non-Executive Chairman and Director, Effective 21 November 2024 Si6 Metals Limited announced that Mr. Ian Kiers will step down as a Non-Executive Chairman and Director on the Board of the Company, effective 21 November 2024. Bekanntmachung • Oct 04
SI6 Metals Limited, Annual General Meeting, Nov 22, 2024 SI6 Metals Limited, Annual General Meeting, Nov 22, 2024. New Risk • Sep 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (62% average weekly change). Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m (AU$23k revenue, or US$16k). Market cap is less than US$10m (AU$2.37m market cap, or US$1.64m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (19% increase in shares outstanding). Bekanntmachung • Sep 25
SI6 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.28893 million. SI6 Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.28893 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,288,929,712
Price\Range: AUD 0.001
Transaction Features: Rights Offering New Risk • Mar 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m (AU$64k revenue, or US$42k). Market cap is less than US$10m (AU$9.48m market cap, or US$6.22m). Bekanntmachung • Mar 08
SI6 Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. SI6 Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 375,000,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00024
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Bekanntmachung • Oct 30
SI6 Metals Limited, Annual General Meeting, Nov 29, 2023 SI6 Metals Limited, Annual General Meeting, Nov 29, 2023, at 10:00 W. Australia Standard Time. Location: Bennett, Level 14, Westralia Square, 141 St Georges Terrace Perth Western Australia Australia Agenda: To consider the Annual Report of the Company and its controlled entities for the financial year ended 30 June 2023, which includes the Financial Report, the Directors' Report and the Auditor's Report; to consider election of Director; to consider approval of 10% Placement Facility; and to consider other matters. Bekanntmachung • Sep 01
SI6 Metals Limited Announces Board Changes Si6 Metals Limited announced that long time Non-Executive Director Mr. Joshua Letcher has resigned as a Director of Si6 effective immediately. Mr. Letcher has been a Director of Si6 for the past six years but has indicated that he wishes to spend more of his time focused on the upcoming IPO of lithium focussed Melvista Resources Ltd. The Company announced that highly experienced geologist, Mr. Cain Fogarty, has agreed to join the Board of Si6 as a Non-Executive Director. Mr. Fogarty graduated as a Geologist (Honours) from the University of New England and in Mineral Economics from Curtin University and has over 20 years' experience in geology working for several ASX listed companies as Geologist, Chief Geologist and Exploration Manager in both Australia and Africa across several different commodities. Mr. Fogarty worked for four years for Equinox Resources and Barrick in Zambia on the Cu-Co Zambian copper belt and this technical capability will greatly assist on Si6's board. The Company looks forward to working with Mr. Fogarty, especially with the Company's three Botswanan projects, Dibete, Airstrip and Maibele North, which will be drilled over the next 4-6 months. Mr. Fogarty also worked in the Laverton area and has a working knowledge of the company's Monument Au-Ni project. Bekanntmachung • Aug 18
SI6 Metals Limited Appoints Jim Malone as Managing Director Si6 Metals (SI6) has hired Jim Malone as Managing Director, with immediate effect. The Company announced on 10 May 2023 that Mr. Malone would assume Executive Director duties and manage day-to-day operations including overseeing the Entitlement Issue/Capital Raising for the three months until its completion. It was expected that on completion of the Entitlement Issue, and with ratification of the Board, Mr. Malone would then assume the role of Managing Director. Since then, the Company has successfully completed the capital raise and following review of his performance over the three-month period, the Board of Si6 has ratified the appointment of Mr. Malone to the position of Managing Director. Mr. Malone is a highly experienced mining and resources executive with over 30 years' experience with several ASX-listed companies across multiple commodities and jurisdictions. Mr. Malone has commenced as Managing Director effective immediately. New Risk • Jul 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.0m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (AU$42k revenue, or US$28k). Market cap is less than US$10m (AU$9.92m market cap, or US$6.69m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Board Change • Apr 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent & Non-Executive Chairman David Sanders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director & Technical Director Steve Groves was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year 2021 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2020) Full year 2021 results: Net loss: AU$2.89m (loss widened 321% from FY 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Aug 17
Insider recently bought AU$96k worth of stock On the 12th of August, Olivia Keene bought around 7m shares on-market at roughly AU$0.013 per share. In the last 3 months, there was an even bigger purchase from another insider worth AU$120k. Despite this recent purchase, insiders have collectively sold AU$518k more in shares than they bought in the last 12 months. Recent Insider Transactions • Jul 03
Insider recently bought AU$120k worth of stock On the 28th of June, Patrick Volpe bought around 10m shares on-market at roughly AU$0.012 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$699k more in shares than they bought in the last 12 months. Reported Earnings • Mar 14
First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2020) First half 2021 results: Net loss: AU$1.09m (loss widened 184% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Dec 20
Executive Chairman of the Board recently sold AU$325k worth of stock On the 11th of December, Patrick Holywell sold around 9m shares on-market at roughly AU$0.036 per share. This was the largest sale by an insider in the last 3 months. Patrick has been a seller over the last 12 months, reducing personal holdings by AU$314k. Reported Earnings • Sep 19
Full year earnings released - AU$0.0011 loss per share Over the last 12 months the company has reported total losses of AU$686.4k, with losses narrowing by 43% from the prior year.