Anuncio • Jan 22
Elixir Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 16.616127 million. Elixir Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 16.616127 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 339,905,533
Price\Range: AUD 0.041
Discount Per Security: AUD 0.0082
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 65,365,854
Price\Range: AUD 0.041
Discount Per Security: AUD 0.00205
Transaction Features: Subsequent Direct Listing Anuncio • Jan 02
Elixir Energy Limited Appoints Peter Stickland and Anthony Tarr as Directors, Effective January 1, 2026 Elixir Energy Limited advises that Omega Oil and Gas Limited has exercised its rights under the Share Acquisition Agreement to nominate two directors to the Board of Elixir, as previously disclosed to the ASX. The Omega nominated directors have been appointed to the Board effective January 1, 2026. In connection with these appointments, Omega has entered into a Conflict and Confidentiality Protocol with the Company to appropriately manage any conflicts of interest that may occur and the handling of information arising from the Company’s joint venture arrangements. The Omega nominated directors are appointed in addition to the Company’s existing directors and are as follows: Peter Stickland has over 30 years’ global experience in oil and gas exploration. Mr. Stickland was Managing Director of Melbana Energy from 2014 to 2018 leading the company into its Block 9 Cuba project. Previously, Mr. Stickland was Managing Director of Tap Oil Limited from 2008 to 2010 during which time he oversaw the evolution of the company into a southeast Asia/Australia focussed E&P company. Prior to joining Tap Oil, Mr. Stickland had a successful career with BHP Petroleum (now part of Woodside) including a range of technical and management roles. Mr. Stickland is also a Non-Executive Director of Omega Oil and Gas Limited, Melbana Energy and a life member of the Australian Energy Producers Limited (AEP). Anthony Tarr is a senior executive, board director and academic leader with over 40 years’ experience in the energy and resource sectors. Mr. Tarr has held executive roles including Chief Executive Officer of ZeroGen Pty Ltd, where he led feasibility development of a multi-billion-dollar low-emissions power project. He has also held executive commercial and governance roles with leading energy and resources organisations, including Australia Pacific LNG and Xstrata Coal Queensland, and has significant experience in strategy, stakeholder engagement, risk management and complex commercial negotiations. His legal career includes serving as Chief Executive Officer of the Queensland Law Society and senior academic leadership roles in Australia, New Zealand and the United States. He holds advanced qualifications in law and economics and is an experienced board member. Anuncio • Nov 25
Elixir Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 16.616127 million. Elixir Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 16.616127 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 339,905,533
Price\Range: AUD 0.041
Discount Per Security: AUD 0.0082
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 65,365,854
Price\Range: AUD 0.041
Discount Per Security: AUD 0.00205
Transaction Features: Subsequent Direct Listing Anuncio • Sep 19
Elixir Energy Limited, Annual General Meeting, Oct 22, 2025 Elixir Energy Limited, Annual General Meeting, Oct 22, 2025. Location: at bdo`s offices, level 9, mia yellagonga tower 2,5 spring street, perth wa 6000, Australia Anuncio • Sep 16
Xstate Resources Limited (ASX:XST) completed the acquisition of 51% stake in Diona Gas Project from Elixir Energy Limited (ASX:EXR). Xstate Resources Limited (ASX:XST) agreed to acquire 51% stake in Diona Gas Project from Elixir Energy Limited (ASX:EXR) for AUD 0.25 million on April 4, 2025.
The transaction is subject to approval of offer by acquirer shareholders, consummation of due diligence investigation and consummation of private placement OF AUD 2.5 million. The expected completion of the transaction is September 1, 2025. On July 28, 2025, the transaction has been approved by the shareholders of Xstate Resources Limited. As of August 21, 2025, the transaction was approved by Queensland Department of Natural Resources and Mines. As of August 20, 2025, the expected completion of the transaction is August 28, 2025. As of September 3, 2025, the expected completion of the transaction is September 4, 2025.
Xstate Resources Limited (ASX:XST) completed the acquisition of 51% stake in Diona Gas Project from Elixir Energy Limited (ASX:EXR) on September 15, 2025. New Risk • Aug 29
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$15m 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$15m free cash flow). Earnings have declined by 67% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (AU$56.0m market cap, or US$36.5m). Anuncio • May 01
Elixir Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 0.117 million. Elixir Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 0.117 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,342,857
Price\Range: AUD 0.035
Security Features: Attached Options Anuncio • Mar 06
Elixir Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. Elixir Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 57,142,857
Price\Range: AUD 0.035
Security Features: Attached Options Anuncio • Feb 13
Elixir Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 8.981396 million. Elixir Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 8.981396 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 199,468,466
Price\Range: AUD 0.035
Discount Per Security: AUD 0.0021
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 57,142,857
Price\Range: AUD 0.035
Transaction Features: Subsequent Direct Listing Board Change • Feb 04
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. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Anna Sloboda was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Anna Sloboda was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$81.4m (US$54.8m) This is considered a minor 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 Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (AU$1.7m revenue, or US$1.1m). Market cap is less than US$100m (AU$81.4m market cap, or US$54.8m). Anuncio • Aug 16
Elixir Energy Limited, Annual General Meeting, Sep 19, 2024 Elixir Energy Limited, Annual General Meeting, Sep 19, 2024. Location: at bdos offices, level 7, 420 king william street, adelaide sa 5000 Australia New Risk • Apr 30
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 14% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$18m free cash flow). Earnings have declined by 4.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Revenue is less than US$5m (AU$1.7m revenue, or US$1.1m). Market cap is less than US$100m (AU$124.6m market cap, or US$81.4m). New Risk • Feb 24
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$18m 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$18m free cash flow). Earnings have declined by 4.5% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Revenue is less than US$5m (AU$1.7m revenue, or US$1.1m). Market cap is less than US$100m (AU$81.6m market cap, or US$53.5m). Anuncio • Dec 20
Elixir Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 6.475 million. Elixir Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 6.475 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 76,176,470
Price\Range: AUD 0.085
Discount Per Security: AUD 0.0051
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Anuncio • Dec 15
Elixir Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 6.5 million. Elixir Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 6.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 76,470,588
Price\Range: AUD 0.085
Discount Per Security: AUD 0.0051
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Sep 29
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. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Stephen Kelemen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Sep 14
Elixir Energy Limited, Annual General Meeting, Oct 16, 2023 Elixir Energy Limited, Annual General Meeting, Oct 16, 2023, at 14:00 AUS Central Standard Time. Location: BDO's offices, Level 7, 420 King William Street SA 5000 Adelaide Australia Agenda: To consider adoption of Remuneration Report; to consider re-election of Ms. Anna Sloboda as a Director; to consider approval to Issue Shares and Options under a Share purchase plan; to consider ratification of Prior issue of Placement Shares issued under ASX Listing Rules 7.1; to consider approval to issue of Placement Options to placement participants; to consider approval to issue Placement Shares and Placement Options to Mr. Neil Young, Director of the Company; and to transact other business. New Risk • Aug 17
New major risk - Revenue and earnings growth Earnings have declined by 7.5% 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$14m free cash flow). Earnings have declined by 7.5% per year over the past 5 years. Revenue is less than US$1m (AU$313k revenue, or US$201k). Minor Risks Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Market cap is less than US$100m (AU$77.3m market cap, or US$49.7m). Anuncio • Feb 08
Elixir Energy Limited Provides an Update on the Extended Pilot Production Project Underway in its 100% Owned Nomgon IX Coal Bed Methane (CBM) Production Sharing Contract (PSC) in the South Gobi Basin, Mongolia Elixir Energy Limited provided an update on the extended pilot production project underway in its 100% owned Nomgon IX Coal Bed Methane (CBM) Production Sharing Contract (PSC) in the South Gobi Basin, Mongolia. The two well Nomgon CBM pilot production program was commissioned on the 16th of November 2022 and dewatering of the coals under a controlled production schedule then commenced. The program has now been successfully operational for 83 days. Early breakthrough of gas production from the Nomgon-9 well in the first day of pumping confirmed previous adsorption isotherm test results which showed the coals to be near 100% gas saturation. Last week the combined production from the Nomgon-8 and 9 wells reached 100,000 standard cubic feet per day (scfpd) of gas and 180 barrels per day (BWPD) of water and continues to improve steadily. This water production level (producing water is generally a standard feature of CBM operations) is very low compared to most Australian producing areas. Additionally, the water salinity appears to have stabilized at less than 5,000 ppm Total Dissolved Solids (TDS), which is at a level which may be suitable for livestock to drink. This provides a strong opportunity to work collaboratively with local communities over future water production. Nomgon-9 produces like a typical vertical CBM well, and gas rates have increased steadily over the period, producing at a rate of ~80,000 scfpd last week. The water production has remained relatively steady at ~160 BWPD. Currently the well is shut-in to perform a routine pressure build-up study with production testing to then recommence. For comparison, below is a plot of an average CBM production well (adapted from Gao et al, 2018), modelled on the Ordos Basin, which is immediately South of Mongolia's Gobi Basin in China. The graph of gas production indicates a period of time before gas production breaks through. This was not seen at Nomgon-9, where production began almost immediately. Due to several technical issues (quite normal for a project of this nature), including an initial downhole equipment mechanical fault (now rectified), Nomgon-8 has not produced as steadily as Nomgon-9. More recently the Company completed a workover of this well to flush and clean the production interval, and the well has now returned to production at a gas rate of 20,000 scfpd and a water rate of 20 BWPD. The company is now seeing encouraging signs of improvement at Nomgon-8, with the well steadily increasing rates of both water and gas as the well cleans up. With now over 80 days of production data, Elixir is starting to interpret a clear trend on the longer producing Nomgon-9 well. The decreasing reservoir pressure due to coal dewatering and consequent increasing gas rate are enabling the Company to begin estimating an early stage "type-curve", which will be a key input into assessments of commerciality. These will be completed in the coming months. Given the modest costs of CBM development drilling in Nomgon IX, combined with other factors such as strong regional gas prices, the gas production rates evidenced to date are clearly promising for the Company. Elixir's 2023 exploration and appraisal annual budget has recently been approved by the petroleum regulator in Mongolia. The program for 2023 will consist of the drilling of a minimum of 9 wells, 4 of which will be appraisal in nature and 5 will be exploration wells. The final location of the wells will be determined in the coming months with the drilling program to begin in Second Quarter of 2023, following required annual re-tendering, environmental approval and other administrative processes. Elixir retains the ability to amend the budget during the year in response to the pilot and other results. Is New 90 Day High Low • Feb 27
New 90-day high: AU$0.26 The company is up 106% from its price of AU$0.13 on 27 November 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 4.0% over the same period. Is New 90 Day High Low • Feb 20
New 90-day high: AU$0.22 The company is up 69% from its price of AU$0.13 on 20 November 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 12% over the same period. 