Annonce • Feb 02
Hawsons Iron Limited has filed a Follow-on Equity Offering in the amount of AUD 2.2 million. Hawsons Iron Limited has filed a Follow-on Equity Offering in the amount of AUD 2.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 126,250,000
Price\Range: AUD 0.016
Discount Per Security: AUD 0.00096
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,250,000
Price\Range: AUD 0.016
Discount Per Security: AUD 0.00096
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Sep 27
Hawsons Iron Limited, Annual General Meeting, Nov 25, 2025 Hawsons Iron Limited, Annual General Meeting, Nov 25, 2025. Annonce • Jun 12
Hawsons Iron Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million. Hawsons Iron Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.02 Board Change • Dec 24
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Paul Cholakos is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • Sep 20
Hawsons Iron Limited, Annual General Meeting, Nov 26, 2024 Hawsons Iron Limited, Annual General Meeting, Nov 26, 2024. Annonce • May 29
Hawsons Iron Limited has completed a Follow-on Equity Offering in the amount of AUD 3.27565 million. Hawsons Iron Limited has completed a Follow-on Equity Offering in the amount of AUD 3.27565 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 61,383,333
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,575,758
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,303,030
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Apr 26
Hawsons Iron Limited has completed a Follow-on Equity Offering in the amount of AUD 2.27565 million. Hawsons Iron Limited has completed a Follow-on Equity Offering in the amount of AUD 2.27565 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 61,383,333
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,575,758
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Apr 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.5% 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 4.7% per year over the past 5 years. Revenue is less than US$1m (AU$28k revenue, or US$18k). Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Market cap is less than US$100m (AU$35.6m market cap, or US$23.2m). Annonce • Apr 26
Hawsons Iron Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million. Hawsons Iron Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,303,030
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Security Features: Attached Options
Transaction Features: Rights Offering New Risk • Feb 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$8.5m 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$8.5m free cash flow). Earnings have declined by 4.7% per year over the past 5 years. Revenue is less than US$1m (AU$28k revenue, or US$18k). Minor Risk Market cap is less than US$100m (AU$30.3m market cap, or US$19.7m). Annonce • Oct 16
Hawsons Iron Limited Announces Board Changes Hawsons Iron Ltd. has appointed non-executive Director Mr. Jeremy Kirkwood as Chair to lead the Board through the next critical phase to fund a modified Bankable Feasibility Study (BFS) for the Company's flagship, high-grade magnetite project near Broken Hill in NSW. Mr. Kirkwood, whose appointment is effective immediately, takes over from Mr. Bryan Granzien who has resumed his former role as Managing Director after serving as interim Executive Chair since April 2023. Mr. Kirkwood thanked Mr. Granzien for stepping in as Executive Chair during the past five months and his fellow Directors for the privilege to lead the Board through the challenging next stage in the Company's evolution. Mr. Kirkwood said the creation of a `green' global steel industry would require massive associated investment and significant structural change in the commercial linkages between up and down stream participants over the next few decades. Mr. Kirkwood was previously a managing director at Credit Suisse, Morgan Stanley and Austock. He has served as a director on a range of public, private and not-for-profit company boards, sits as chair of ASX-listed Joyce Corporation Ltd. and is a non-executive director of ASX-listed Talisman Mining Ltd. Annonce • Sep 27
Hawsons Iron Limited, Annual General Meeting, Nov 28, 2023 Hawsons Iron Limited, Annual General Meeting, Nov 28, 2023. Agenda: To elect the directors and to consider and approve other business matters. New Risk • Jun 16
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 12% 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$37m free cash flow). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (AU$46.9m market cap, or US$32.3m). Annonce • May 10
Hawsons Iron Limited Announces Board Changes Hawsons Iron Ltd. announced that Mr. Jeremy Kirkwood has accepted an invitation to join the Board as a Non-Executive Director of the company, effective on 10 May 2023. Mr. Kirkwood, who fills a vacancy created by the recent retirement of Mr. Dave Woodall, is a former investment banker being principal of Pilot Advisory Group and a Managing Director with Credit Suisse, Morgan Stanley and Austock. He is the Chair of Joyce Corporation Ltd. (JYC), a Non-executive Director of Talisman Mining Ltd. (TLM) and has served as a director on a range of other public, private and not- for-profit sector boards. Hawsons Executive Chair Mr. Bryan Granzien welcomed Mr. Kirkwood, who has gained a wealth of corporate strategy and investment banking experience through mergers, acquisitions and capital raisings for companies, mainly in mining, energy and infrastructure. Board Change • Nov 16
Less than half of directors are independent There are 5 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: 5 new directors. No experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Independent Non-Executive Director Paul Cholakos is the most experienced director on the board, commencing their role in 2012. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Sep 23
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Paul Cholakos is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 