Annonce • Oct 15
Dalaroo Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.35 million. Dalaroo Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.35 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 24,545,455
Price\Range: AUD 0.055
Discount Per Security: AUD 0.0033
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Sep 29
Dalaroo Metals Ltd, Annual General Meeting, Nov 28, 2025 Dalaroo Metals Ltd, Annual General Meeting, Nov 28, 2025. Location: 1260 hay street, west perth, western australia Australia Board Change • Aug 18
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 Quinlivan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Jul 16
Dalaroo Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 1 million. Dalaroo Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,100,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,900,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Oct 21
Dalaroo Metals Ltd Appoints Michael Brown as Director, Effective from 21 October 2024 Dalaroo Metals Ltd. appointed Mr. Michael Brown as Director, effective from 21 October 2024. Reported Earnings • Sep 28
Full year 2024 earnings released: AU$0.019 loss per share (vs AU$0.045 loss in FY 2023) Full year 2024 results: AU$0.019 loss per share (improved from AU$0.045 loss in FY 2023). Revenue: AU$1.12m (up AU$1.02m from FY 2023). Net loss: AU$1.54m (loss narrowed 38% from FY 2023). 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 54% per year, which means it is significantly lagging earnings. Annonce • Sep 27
Dalaroo Metals Ltd, Annual General Meeting, Nov 29, 2024 Dalaroo Metals Ltd, Annual General Meeting, Nov 29, 2024. Location: at level 2, 9 havelock street, west perth western australia, perth Australia Annonce • Sep 25
Dalaroo Metals Ltd Announces Resignation of Harjinder Kehal as Managing Director, Effective 24 December 2024 Dalaroo Metals Ltd. announced that Mr. Harjinder Kehal has agreed to extend his Executive Service Agreement as Managing Director of the Company for a period of three (3) months to 24 December 2024. Mr. Kehal's current Executive Services Agreement expires on 24 September 2024, being three years after the Company was admitted to the official list of the ASX. During those three months, the Company will utilize the time to search for a new Chief Executive Officer to lead the company into the future. Commencement Date: 25 September 2024; Term: Three (3) months; Remuneration: $250,000 per annum; Termination: Mr. Kehal's employment agreement may be terminated by either the Company or Mr. Kehal by providing one (1) month's notice, except for within the final month of the Term when the notice period will be the remaining days of the Term. Annonce • Sep 24
Dalaroo Metals Ltd Announces Resignation of Harjinder Kehal as Director, Effective 24 December 2024 Dalaroo Metals Ltd. announced that Mr. Harjinder Kehal has agreed to extend his Executive Service Agreement as a Director of the Company for a period of three (3) months to 24 December 2024. Mr. Kehal's current Executive Services Agreement expires on 24 September 2024, being three years after the Company was admitted to the official list of the ASX. During those three months, the Company will utilize the time to search for a new Chief Executive Officer to lead the company into the future. Commencement Date: 25 September 2024; Term: Three (3) months; Remuneration: $250,000 per annum; Termination: Mr. Kehal's employment agreement may be terminated by either the Company or Mr. Kehal by providing one (1) month's notice, except for within the final month of the Term when the notice period will be the remaining days of the Term. New Risk • Sep 23
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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (227% increase in shares outstanding). Revenue is less than US$1m (AU$1.1m revenue, or US$763k). Market cap is less than US$10m (AU$6.71m market cap, or US$4.57m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). New Risk • Aug 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 227% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (227% increase in shares outstanding). Revenue is less than US$1m (AU$1.1m revenue, or US$762k). Market cap is less than US$10m (AU$5.96m market cap, or US$4.05m). Annonce • Jun 28
Dalaroo Metals Ltd Announces Directorate Changes Dalaroo Metals Ltd. announced that Bilal Ahmad and Joshua Gordon have been appointed as Non-Executive Directors of Dalaroo. Mr. Bilal Ahmad is an accomplished investor with an extensive 15-year track record of strategic investments in ASX-listed companies and private ventures. His focus spans the resources, technology, and life science sectors, where he has consistently deployed capital to support growth and innovation of emerging companies. Mr. Ahmad holds a Bachelor of Medicine and a Bachelor of Surgery. Mr. Joshua Gordon is an experienced corporate finance professional who has raised capital for many small and emerging resource and energy companies on the ASX. Mr. Gordon is well versed in all facets of the Equity Capital Market transaction lifecycle with deep experience in transaction origination, structuring, execution and distribution. Mr. Gordon holds a Bachelor or Commerce (Finance) from Monash University and a Master of Management (Accounting) from the University of Melbourne. Mr. Gordon is also a Non- Executive Director of Traka Resources Limited and Advance Metals Limited. Mr. Robert Beeck has also resigned as a director of Dalaroo. Board Change • Apr 17
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman David Quinlivan was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Nov 15
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Robert Beeck is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. New Risk • Oct 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.4m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m (AU$95k revenue, or US$60k). Market cap is less than US$10m (AU$3.26m market cap, or US$2.06m). Annonce • Oct 20
Dalaroo Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.336 million. Dalaroo Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.336 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,600,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,800,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0008
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Oct 19
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Robert Beeck is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Annonce • Oct 05
Dalaroo Metals Ltd, Annual General Meeting, Nov 30, 2023 Dalaroo Metals Ltd, Annual General Meeting, Nov 30, 2023, at 11:00 W. Australia Standard Time. Location: Level 1, Suite 9, 110 Hay Street, Subiaco Western Australia Australia Reported Earnings • Sep 29
Full year 2023 earnings released: AU$0.045 loss per share (vs AU$0.056 loss in FY 2022) Full year 2023 results: AU$0.045 loss per share (improved from AU$0.056 loss in FY 2022). Net loss: AU$2.47m (loss narrowed 7.3% from FY 2022). New Risk • Sep 24
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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.7m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue is less than US$1m (AU$8.2k revenue, or US$5.3k). Market cap is less than US$10m (AU$4.10m market cap, or US$2.64m). 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 (41% increase in shares outstanding). New Risk • Sep 08
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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.7m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Revenue is less than US$1m (AU$8.2k revenue, or US$5.2k). Market cap is less than US$10m (AU$3.80m market cap, or US$2.42m). 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 (41% increase in shares outstanding). New Risk • Jun 11
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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.7m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$8.2k revenue, or US$5.5k). Market cap is less than US$10m (AU$4.72m market cap, or US$3.18m). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (25% increase in shares outstanding). Board Change • Jun 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman David Quinlivan was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman David Quinlivan was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Feb 18
Dalaroo Metals Ltd. Commences a Diamond Drilling Program at its Manning Prospect, Namban Project Dalaroo Metals Ltd. commenced a diamond drilling program at its Manning prospect, Namban Project. The drilling program is seeking to test significant Ni-Cu-PGE*+Au geochemical anomalies that are coincident with IP anomalies with high chargeability values of up to 40 mV/V. The Manning prospect is located 150km north of Perth and 90km north of Chalice Mining's world class Julimar Ni-Cu-PGE Project. The diamond drill program will be partly funded by Dalaroo's successful application in Round 26 of the Exploration Incentive Scheme sponsored by the Government of Western Australia. The grant is for an amount of up to $175,000 from the Department of Mines, Industry Regulation and Safety ("DMIRS"), structured as a contribution towards 50% of direct drilling cost. The diamond drill program underway is expected to be completed by mid-March 2023. Drill core samples, once logged and processed will be dispatched for multi-element analyses with assay results expected during the June 2023 quarter. Drill holes will be cased and ready for downhole geophysical surveys. The diamond drilling program underway at Manning is expected to confirm the presence of magmatic intrusion hosted Ni-Cu-PGE+Au and or hydrothermal deposits north of Chalice Mining's Goneville Ni-Cu-PGE deposit and the recent discovery by Minerals 260 of Au-Cu mineralisation at Angepena, Mynt and Zest prospects located 10km to the south-east. The drilling is also expected to provide important information on the stratigraphy, lithologies and alteration assemblages related to the identified geochemical and geophysical anomalism at Manning. Subsequently, expanding the current understanding of controls on magmatic Ni-Cu-PGE+Au and hydrothermal/structural hosted mineralisation in the emerging West Yilgarn Province". Board Change • Feb 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman David Quinlivan was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.