Board Change • May 20
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. 3 non-independent directors. Independent Non-Executive Chairman David Wheeler was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 31
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 Wheeler was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Dec 05
Avira Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million. Avira Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,500,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 212,500,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Subsequent Direct Listing Ankündigung • Oct 20
Avira Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Avira Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,500,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 212,500,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Subsequent Direct Listing Ankündigung • Oct 09
Avira Resources Limited, Annual General Meeting, Nov 27, 2025 Avira Resources Limited, Annual General Meeting, Nov 27, 2025. Ankündigung • May 21
Avira Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.506422 million. Avira Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.506422 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,172,985
Price\Range: AUD 0.007
Discount Per Security: AUD 0.00042
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,172,985
Price\Range: AUD 0.007
Discount Per Security: AUD 0.00042
Transaction Features: Subsequent Direct Listing Ankündigung • Mar 28
Avira Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.506422 million. Avira Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.506422 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,172,985
Price\Range: AUD 0.007
Discount Per Security: AUD 0.00042
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,172,985
Price\Range: AUD 0.007
Discount Per Security: AUD 0.00042
Transaction Features: Subsequent Direct Listing Ankündigung • Mar 13
Avira Resources Limited has completed a Derivatives Offering in the amount of AUD 0.048436 million. Avira Resources Limited has completed a Derivatives Offering in the amount of AUD 0.048436 million.
Security Name: Options
Security Type: Equity Option
Securities Offered: 48,435,500
Price\Range: AUD 0.001
Transaction Features: Rights Offering Ankündigung • Feb 05
Avira Resources Limited has announced a Derivatives Offering in the amount of AUD 0.048436 million. Avira Resources Limited has announced a Derivatives Offering in the amount of AUD 0.048436 million.
Security Name: Options
Security Type: Equity Option
Securities Offered: 48,435,500
Price\Range: AUD 0.001
Transaction Features: Rights Offering Ankündigung • Nov 29
Avira Resources Limited Elects David Wheeler as Director Avira Resources Limited at its AGM held on November 29, 2024, approved Election of Director - Mr. David Wheeler. Ankündigung • Oct 11
Avira Resources Limited, Annual General Meeting, Nov 29, 2024 Avira Resources Limited, Annual General Meeting, Nov 29, 2024. Ankündigung • Sep 05
Avira Resources Limited Announces Change of Company Secretary Avira Resources Limited announced that it has appointed Mr. Rhys Waldon, as Company Secretary effective 5 September 2024. The appointment follows the resignation of Mr. Sonu Cheema as Secretary of the Company due to unforeseen personal circumstances. Board Change • Jul 25
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 Wheeler was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Jun 27
Avira Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.805 million. Avira Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.805 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 530,000,000
Price\Range: AUD 0.001
Discount Per Security: AUD 0.00006
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 275,000,000
Price\Range: AUD 0.001
Discount Per Security: AUD 0.00006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • May 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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 Earnings have declined by 7.9% per year over the past 5 years. Revenue is less than US$1m (AU$29k revenue, or US$19k). Market cap is less than US$10m (AU$2.66m market cap, or US$1.76m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Ankündigung • Apr 25
Avira Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.53 million. Avira Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.53 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 530,000,000
Price\Range: AUD 0.001
Discount Per Security: AUD 0.00006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Apr 05
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 Wheeler was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 14
New major risk - Revenue and earnings growth Earnings have declined by 7.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$1.6m free cash flow). Shares are highly illiquid. Earnings have declined by 7.9% per year over the past 5 years. Revenue is less than US$1m (AU$26k revenue, or US$17k). Market cap is less than US$10m (AU$2.13m market cap, or US$1.41m). Board Change • Feb 16
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 Wheeler was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 24
Avira Resources Limited Approves Replacement of Constitution Avira Resources Limited announced that at its AGM held on 24 November 2023, the shareholders approved the amendment of the Articles of Association. Ankündigung • Oct 07
Avira Resources Limited, Annual General Meeting, Nov 24, 2023 Avira Resources Limited, Annual General Meeting, Nov 24, 2023. New Risk • Oct 02
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$1.5m 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$1.5m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.27m market cap, or US$2.74m). New Risk • Sep 29
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -AU$1.5m This is considered a minor 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 Revenue is less than US$1m (AU$18k revenue, or US$11k). Market cap is less than US$10m (AU$4.27m market cap, or US$2.76m). Minor Risk Less than 1 year of cash runway based on current free cash flow (-AU$1.5m). New Risk • Sep 15
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 (40% average weekly change). Revenue is less than US$1m (AU$7.4k revenue, or US$4.7k). Market cap is less than US$10m (AU$2.13m market cap, or US$1.37m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). New Risk • Aug 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 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 (39% average weekly change). Revenue is less than US$1m (AU$7.4k revenue, or US$4.8k). Market cap is less than US$10m (AU$4.27m market cap, or US$2.77m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Ankündigung • Feb 16
Avira Resources Limited Provides Updates on Geophysical Survey at the Puolalaki Ni-Cu Project Located in Northern Sweden Avira Resources Limited announced that it has now received the results of the fixed-loop EM and downhole EM surveys recently completed at the Puolalaki Ni-Cu Project located in northern Sweden. The final results and processed data from the UAV-borne magnetic survey are however still pending. The results from these surveys have identified a number of high priority drill targets with a mix of relatively discrete, highly conductive bodies at shallow depths (30-100m) and an additional large target at depth (400-500m). The geophysical surveys were completed in February 2023 by GRM Services (Finland) using the SWEREF99 co-ordinate system. A total of 186 FLEM stations covering 7.5 line-kilometres were recorded. Three high priority target zones have been identified from the FLEM survey (T1, T2 and T3). Each represents relatively discrete, highly conductive bodies at shallow depths. Modelled conductance levels are all +10,000 Siemens representing potential massive sulphide targets. These targets are located within or near the contact of the host gabbro body. Target T4 has been ranked as a lower priority target given it is located to the east of the known nickel mineralisation within graphitic and pyrrhotitic metasediments and gneisses and the conductance is also much lower than the other 4 targets at 2500S. The T5 target is located well within the host gabbro at a depth of 400m-500m below surface and has a conductance of 10,000 Siemens. Given the depth and complexity of modelling this large conductor it has been ranked as a secondary priority. Three historic drillholes were successfully surveyed with downhole EM; drillholes PNO98004, 98005 and 98015. PNO98004 detected an off-hole anomaly between 50-70m from a highly conductive body sitting slightly above the drillhole. Results are consistent with the FLEM models of a small, localised conductor located sub-parallel to the drillhole. PNO98005 detected an off-hole anomaly at 40m downhole, with the conductor centred above the drillhole consistent with PNO98004 and the FLEM model. There was a minor in- hole response observed at 90m which coincides with the Ni-Cu mineralisation (5.9m @ 0.51% Ni from 89.5m). There is, however, no support for this section continuing off-hole. PNO98015 only shows a broad background response consistent with the known distant conductors (weak off-hole responses). Avira believes the EM conductors are prospective targets for massive nickel sulphide mineralisation due to the strong conductance (+10,000S) of the anomalies and their close proximity to historic Ni-Cu sulphide mineralisation. The early breakthrough at Puolalaki has produced five priority diamond drill targets (~1000m). This initial drilling campaign will focus on delineation of the shallower targets as well as the significant deeper T5 target. DHEM surveying of these new drill holes will confirm targets have been successfully tested and to assist with any follow-up drilling requirements. A drill rig will be mobilised to site as soon as practicable. Ankündigung • Jan 28
Avira Resources Limited Completes Initial Ground Based Exploration Program Avira Resources Limited announced that it has now completed the first stage of the planned exploration program at the Puolalaki Cu-Ni-Co Project located in northern Sweden. The Puolalaki Project comprises a single exploration permit (Puolalaki nr 100) centred over the target gabbro intrusion which hosts historic nickel sulphide mineralisation. The project is located in Sweden's premier Gällivare mining district which is host to Europe's largest open-cut copper mine Aitik, owned by Boliden and to LKAB's Malmberget iron-ore mine. A fixed-loop configuration was used with a transmitter loop of 600x400m, a survey line spacing of 50-100m and a station spacing of 25-50m for a total of 7.5 line-km. The base frequency was 1hz, with a minimum of 3 readings per station. Three of the historic diamond drillholes were first dummy probed to check if they were open and amenable to downhole surveying; all three holes were open and subsequently surveyed with a transmitter loop of 600x400m and a station spacing of 5-10m. Processed data from the UAV-borne magnetic survey, FLEM and DHEM surveys is expected to be received by the end of February. In the event that specific drillhole targets are identified, an initial diamond drilling program is estimated to take approximately 6 weeks to complete from the date of rig mobilisation. The planned UAV magnetic survey has been delayed due to a mechanical issue with the sensor, the crew expects to receive the repaired sensor before the end of January with the survey estimated to be completed by the end of the first week in February 2023. Board Change • Jan 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Chairman David Wheeler was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Chairman David Wheeler was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 28
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Chairman David Wheeler was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 