Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. MD & Executive Director James Brown was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • Feb 23
Morella Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 2.1 million. Morella Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 2.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 39,375,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,225,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,900,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. MD & Executive Director James Brown was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • Oct 29
Morella Corporation Limited, Annual General Meeting, Nov 28, 2025 Morella Corporation Limited, Annual General Meeting, Nov 28, 2025. Location: the offices of pwc, 480 queen street, brisbane, qld 4000 Australia Bekanntmachung • Oct 21
Morella Corporation Limited announced that it expects to receive AUD 1.4 million in funding from Interra Resources Limited and other investors Morella Corporation Limited announced private placement of 8% Unsecured Convertible Note for gross proceeds of AUD 1,400,000 on October 20, 2025. The notes carry an interest rate of 8% per annum coupon, payable quarterly in cash. The notes will be matured 36-month from the date of the advance of the funds. On the Maturity Date each Note converts into Shares in full at the Conversion Price. Each Note is convertible at a conversion price equal to a 15% discount to the 20-day VWAP prior to the date of conversion. The notes will be issued in 2 tranches, the first tranche (Tranche A) for AUD 700,000 and second tranche (Tranche B) for AUD 700,000. The transaction includes participation from Company’s substantial shareholders, Interra Resources Limited for AUD 500,000, and aligned professional investors, alongside directors of Morella for Tranche A , and Board of Directors of company for Tranche B. Tranche B is subject to shareholder approval. The settlement of Tranche A is expected to occur on 21 October 2025. Tranche B is subject to, and conditional upon, shareholder approval at the upcoming Annual General Meeting of Shareholder. The Convertible Notes will not be quoted on the ASX. Board Change • Aug 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. MD & Executive Director James Brown was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • Dec 16
Morella Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 1.431137 million. Morella Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 1.431137 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,176,923
Price\Range: AUD 0.026
Discount Per Security: AUD 0.00156
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,866,790
Price\Range: AUD 0.026
Discount Per Security: AUD 0.00156
Transaction Features: Subsequent Direct Listing Bekanntmachung • Oct 29
Morella Corporation Limited, Annual General Meeting, Nov 29, 2024 Morella Corporation Limited, Annual General Meeting, Nov 29, 2024. Location: the offices of pwc, 480 queen street, brisbane qld 4000, Australia Bekanntmachung • Oct 18
Morella Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 1.723662 million. Morella Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 1.723662 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 47,879,511
Price\Range: AUD 0.036
Security Features: Attached Options
Transaction Features: Rights Offering Reported Earnings • Sep 27
Full year 2024 earnings released: AU$0.001 loss per share (vs AU$0.011 loss in FY 2023) Full year 2024 results: AU$0.001 loss per share. Net loss: AU$3.05m (loss widened 14% from FY 2023). New Risk • Aug 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% 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 Share price has been highly volatile over the past 3 months (27% average weekly change). Revenue is less than US$1m (AU$549k revenue, or US$371k). Market cap is less than US$10m (AU$9.21m market cap, or US$6.23m). Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding). New Risk • May 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$12.4m (US$8.17m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$9.6m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Revenue is less than US$1m (AU$549k revenue, or US$363k). Market cap is less than US$10m (AU$12.4m market cap, or US$8.17m). Reported Earnings • Mar 13
First half 2024 earnings released: AU$0.001 loss per share (vs AU$0 in 1H 2023) First half 2024 results: AU$0.001 loss per share (further deteriorated from AU$0 in 1H 2023). Net loss: AU$3.97m (loss widened 37% from 1H 2023). New Risk • Mar 12
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$9.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$9.6m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue is less than US$1m (AU$549k revenue, or US$363k). Minor Risk Market cap is less than US$100m (AU$24.7m market cap, or US$16.3m). New Risk • Jan 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m (AU$480k revenue, or US$316k). Minor Risk Market cap is less than US$100m (AU$24.7m market cap, or US$16.3m). Bekanntmachung • Oct 23
Morella Corporation Limited, Annual General Meeting, Nov 24, 2023 Morella Corporation Limited, Annual General Meeting, Nov 24, 2023, at 11:00 E. Australia Standard Time. Location: The offices of PKF Gold Coast Level 6, RSL Building 9 Beach Road Surfers Paradise Queensland Australia Agenda: To receive the consolidated annual financial report of the Company for the year ended 30 June 2023, together with the Directors' report and the Auditor's report; to consider the Adoption of Remuneration Report; to consider the Re-Election of Allan Charles Buckler as a Director; to consider the Approval of Additional 10% Placement Facility; to consider the Ratification of issue of the Fish Lake Valley First Anniversary Shares; and to discuss other matters. Reported Earnings • Sep 12
Full year 2023 earnings released: EPS: AU$0 (vs AU$0 in FY 2022) Full year 2023 results: EPS: AU$0 (in line with FY 2022). Net loss: AU$2.67m (loss widened AU$2.57m from FY 2022). Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. New Risk • Sep 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 (17% average weekly change). Revenue is less than US$1m (AU$878k revenue, or US$559k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Significant insider selling over the past 3 months (AU$125k sold). Market cap is less than US$100m (AU$43.0m market cap, or US$27.4m). New Risk • Jul 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m (AU$878k revenue, or US$581k). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Significant insider selling over the past 3 months (AU$125k sold). Market cap is less than US$100m (AU$48.8m market cap, or US$32.3m). Reported Earnings • Mar 08
First half 2023 earnings released: EPS: AU$0 (vs AU$0 in 1H 2022) First half 2023 results: EPS: AU$0 (in line with 1H 2022). Net loss: AU$2.90m (loss widened 114% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Bekanntmachung • Feb 08
Morella Corporation Limited Announces Results from Geophysical Exploration Activities Completed in December 2022 in the Southern Part of the Fish Lake Valley Lithium Project in Nevada, USA Morella Corporation Limited announced the results from geophysical exploration activities completed in December 2022 in the southern part of the Fish Lake Valley Lithium Project in Nevada, USA. Morella commissioned a further Passive Seismic and Magnetotelluric ("MT") Survey of the Project ("December MT Survey") along an additional 2 east-west transects and 1 north-south transect in the south of the Project, in order to identify sub-surface conductivity anomalies that could be caused by brine accumulations with potential to host Lithium mineralisation. Analysis and interpretation has been completed which identified prospective drilling targets with the goal to progress to a Mineral Resource. The December MT Survey was commissioned following the geophysical exploration ("March MT Survey"), detailed in the ASX Announcement - Key Drilling Targets identified at the Fish Lake Valley Lithium Project, released on 28th April 2022. The MT survey work was undertaken by US-based Zonge International Inc. (Zonge). Perth-based geophysical consultants, Resource Potentials, completed QA/QC and inversion modelling of the MT survey data. Interpretation and final reporting are ongoing. The modelled MT resistivity cross sections from the December MT Survey reinforce and expanded upon modelling results from the March MT Survey. In particular, a very high conductivity anomaly is present in the southern most MT survey line resistivity model cross section and is centred approximately 1,000 m depth below surface. This anomaly is likely a continuation of an anomaly identified during the March MT Survey, which is interpreted to be fault bounded, and may be caused by Lithium-brine, saline groundwater and clay- ash deposits. A strong MT conductivity anomaly appears to continue to the west outside of the area covered by the MT survey lines. The overall basin structure appears to be deeper within the central- to-eastern part of the MT survey area before shallowing on the easternmost side. The northernmost E-W oriented survey line appears to show a conductivity west-dipping layer at depth. The December MT Survey has expanded on work previously completed within the Project. The 2D resistivity inversion model cross sections generated from these MT surveys indicate that the high- conductivity anomaly identified during the March MT Survey, which may be caused by brine hosting Lithium in solution, appears to be closed-off to the south and east, but potentially open to the north and west. Drillhole targets originally defined from the March MT Survey have been expanded to facilitate development of a potential Mineral Resource. The next steps are: Award a drilling contract with the drill program aimed at providing brine samples from depth. Enter final stages of permitting, being conducted by US-based McGinley and Associates Inc. on behalf of the Company. Consider 2D reflection seismic to further calibrate the Passive Seismic and MT results and help identify key basin structures and layers to assist drill targeting, hydrogeological modelling and potential resource definition. Bekanntmachung • Jan 17
Morella Corporation Limited Announces Lithium Mineralisation Confirmed at North Big Smoky Morella Corporation Limited advised that the soil sampling program completed at North Big Smoky Lithium Project (NBS) in September 2022 has identified a large zone of elevated lithium grades across the central part of the project area. The project is located 135 kilometres from Tonopah, and is accessible via Highway 376 in Nevada, USA and comprises 178 placer claims. Morella entered into an earn-in agreement with Lithium Corporation in 2022, whereby Morella has the right to earn a 60% interest in the project, with options to acquire 100% interest. In September 2022, a 259-auger-hole drilling program was executed with the goal of gaining a better understanding of the distribution of lithium in the soils across the NBS deposit. Holes (up to 1.37m total length) were completed. Mineralogical and geochemical samples were sent for assaying to ALS USA Inc. in Twin Falls, Idaho, a certified laboratory. Results in the central part of the NBS deposit show elevated lithium assays up to 499 ppm with over 40% of the assays with grades of 200 ppm lithium or more. Nearly 90% of the deposit shows lithium grades greater than 100 ppm. The area to the east of the sampled area was not sampled as it has thick alluvial cover which sits over the playa and is not suitable for soil sampling. PSS horizontal-to-vertical-spectral ratio (HVSR) in order to generate a map of depth to acoustic bedrock, which can be used to assist identification of structures within the project area and tie-in conductive anomaly features with estimated bedrock depths. Further magnetotelluric geophysical surveys over the remaining claim area after the PSS work has been completed to help model the conductive source. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. MD & Executive Director James Brown was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 25
Full year 2022 earnings released: EPS: AU$0 (vs AU$0.004 loss in FY 2021) Full year 2022 results: EPS: AU$0 (improved from AU$0.004 loss in FY 2021). Revenue: AU$788.9k (up 492% from FY 2021). Net loss: AU$97.9k (loss narrowed 99% from FY 2021). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. MD & Executive Director James Brown was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 13
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: EPS: AU$0 (up from AU$0.005 loss in 1H 2021). Revenue: AU$124.0k (up 82% from 1H 2021). Net loss: AU$1.36m (loss narrowed 91% from 1H 2021). Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) were in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Board Change • Dec 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. MD & Executive Director James Brown was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
