Reported Earnings • Mar 18
First half 2026 earnings released: EPS: AU$0 (vs AU$0 in 1H 2025) First half 2026 results: EPS: AU$0 (in line with 1H 2025). Revenue: AU$846.7k (down 32% from 1H 2025). Net loss: AU$766.7k (loss widened 249% from 1H 2025). New Risk • Mar 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% 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 Share price has been highly volatile over the past 3 months (21% average weekly change). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Market cap is less than US$10m (AU$10.1m market cap, or US$7.18m). Minor Risk Revenue is less than US$5m (AU$2.1m revenue, or US$1.5m). Annuncio • Mar 11
Freehill Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Freehill Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 500,000,000
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00021
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Mar 03
Freehill Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million. Freehill Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 500,000,000
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00021
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Dec 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% 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 (29% average weekly change). Market cap is less than US$10m (AU$14.6m market cap, or US$9.81m). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (AU$2.1m revenue, or US$1.4m). Annuncio • Dec 24
Freehill Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.54 million. Freehill Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.54 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,250,000
Price\Range: AUD 0.004
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,750,000
Price\Range: AUD 0.004
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: AUD 0.004
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Oct 29
Freehill Mining Limited, Annual General Meeting, Nov 28, 2025 Freehill Mining Limited, Annual General Meeting, Nov 28, 2025. Location: level 26 - 27, 367 collins street, and, melbourne vic 3000 Australia Annuncio • Oct 07
Freehill Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million. Freehill Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 75,000,000
Price\Range: AUD 0.004
Transaction Features: Subsequent Direct Listing Reported Earnings • Oct 01
Full year 2025 earnings released: EPS: AU$0 (vs AU$0.001 loss in FY 2024) Full year 2025 results: EPS: AU$0 (improved from AU$0.001 loss in FY 2024). Revenue: AU$2.13m (up 208% from FY 2024). Net loss: AU$804.8k (loss narrowed 47% from FY 2024). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. New Risk • Sep 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 2024. 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 (27% average weekly change). Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (AU$13.7m market cap, or US$9.03m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Revenue is less than US$5m (AU$1.7m revenue, or US$1.1m). Annuncio • Jun 24
Freehill Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million. Freehill Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 78,666,670
Price\Range: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,666,665
Price\Range: AUD 0.006
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 19
First half 2025 earnings released: EPS: AU$0 (vs AU$0 in 1H 2024) First half 2025 results: EPS: AU$0 (in line with 1H 2024). Revenue: AU$1.25m (up AU$1.05m from 1H 2024). Net loss: AU$219.9k (loss narrowed 67% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. New Risk • Mar 15
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$1.8m 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$1.8m free cash flow). Share price has been highly volatile over the past 3 months (30% average weekly change). Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (AU$12.3m market cap, or US$7.79m). Minor Risk Revenue is less than US$5m (AU$1.7m revenue, or US$1.1m). New Risk • Nov 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$12.3m (US$8.06m) 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 Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m (AU$691k revenue, or US$452k). Market cap is less than US$10m (AU$12.3m market cap, or US$8.06m). Minor Risk Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Annuncio • Oct 17
Freehill Mining Limited, Annual General Meeting, Nov 25, 2024 Freehill Mining Limited, Annual General Meeting, Nov 25, 2024. Location: chartered accountants australia and new zealand, level 18, bourke place, 600 bourke street, melbourne victoria 3000 Australia Board Change • Oct 08
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. 4 non-independent directors. Non-Executive Director Peter Williams was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jul 19
Freehill Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million. Freehill Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 83,333,335
Price\Range: AUD 0.006
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 18
First half 2024 earnings released: EPS: AU$0 (vs AU$0.008 loss in 1H 2023) First half 2024 results: EPS: AU$0 (improved from AU$0.008 loss in 1H 2023). Net loss: AU$670.8k (loss narrowed 95% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year whereas the company’s share price has fallen by 44% per year. New Risk • Feb 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% 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 Share price has been highly volatile over the past 3 months (37% average weekly change). Earnings have declined by 39% per year over the past 5 years. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Revenue is less than US$1m (AU$173k revenue, or US$113k). Minor Risk Market cap is less than US$100m (AU$33.0m market cap, or US$21.6m). Annuncio • Jan 24
Freehill Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.2 million. Freehill Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 120,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Subsequent Direct Listing Annuncio • Oct 27
Freehill Mining Limited, Annual General Meeting, Nov 30, 2023 Freehill Mining Limited, Annual General Meeting, Nov 30, 2023, at 11:01 AUS Eastern Standard Time. Location: Chartered Accountants Australia and New Zealand Level 18, Bourke Place 600 Bourke Street Melbourne Victoria 3000 Melbourne Australia Agenda: To discuss Financial and related reports; to discuss Adoption of Remuneration Report; to discuss Election of Mr Ben Jarvis; to discuss Election of Mr Peter Williams; to discuss Re-election of Mr Paul Davies; to consider Approval for Additional Placement Capacity; to discuss Ratification of Prior Issue of Shares - Claymore; to discuss Ratification of Prior Issue of Shares Additional Lenders; and to discuss Ratification of Prior Issue of Shares Lender Interest. Board Change • Oct 18
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. 4 non-independent directors. Non-Executive Director Peter Williams was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jul 12
Freehill Mining Limited, Annual General Meeting, Aug 18, 2023 Freehill Mining Limited, Annual General Meeting, Aug 18, 2023, at 11:00 E. Australia Standard Time. Location: Chartered Accountants Australia and New Zealand, Level 18,Bourke Place, 600 Bourke Street Melbourne Victoria Australia Agenda: To consider ratification of prior issues of shares for the payment of Debt and Interest; to consider approval to issue shares pursuant to loan facility agreements; to consider approval to issue shares to Related Party pursuant to loan facility agreement; to consider approval to issue shares to Creditors; to consider approval to issue shares to Paul Davies in satisfaction of Director fees and expenses owing; to consider approval to issue shares to Ben Jarvis in satisfaction of Services fees and Director fees owing; to consider approval to issue shares to Peter Williams in satisfaction of Director fees owing; and to consider ratification of prior issue of shares pursuant to Convertible Securities Agreement. Annuncio • Nov 17
Freehill Mining Limited announced that it has received AUD 0.4 million in funding from Obsidian Global GP, LLC Freehill Mining Limited announced that it has entered into an Convertible Securities Agreement with Obsidian Global GP, LLC for a private placement of 270,520 Convertible Notes at a price of AUD 1.478634 per note for gross proceeds of AUD 400,000 on November 16, 2022. The notes are convertible into 90,000,000 shares to be issued on one or more conversions of the Convertible Securities without shareholder approval and will mature on November 16, 2023. The company will also pay the investor a facility fee of AUD 12,000 payable in shares at AUD 0.01 per share. Board Change • Nov 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. 4 non-independent directors. Independent Chairman Ray Mangion was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Nov 01
Freehill Mining Limited, Annual General Meeting, Nov 30, 2022 Freehill Mining Limited, Annual General Meeting, Nov 30, 2022, at 10:00 AUS Eastern Standard Time. Location: Chartered Accountants Australia and New Zealand Level 18, Bourke Place, 600 Bourke Street Melbourne Victoria Australia Agenda: To receive and consider the Financial Report of the Company and its controlled entities and the related Directors' and Auditor's Reports in respect of the financial year ended 30 June 2022; to consider Adoption of Remuneration Report; to consider Re-election of Mr. Paul Davies; and to consider Approval for Additional Placement Capacity. Annuncio • Oct 28
Freehill Mining Limited Provides Update on Magnetite Concentrate Sales from Yerbas Buenas Magnetite Mine in Chile Freehill Mining Limited provided this update on magnetite concentrate sales from its 100%-owned Yerbas Buenas magnetite mine in Chile. A technical error in the drone survey work used to calculate the quantities of end product available for sale will see less stockpiled ore available for sale to the first customer, Compania Minera Del Pacifico S.A. (CMP). This has impacted the current schedule of deliveries. CMP have agreed to a revised delivery program, and production has temporarily paused while Freehill's technical team and contractors conduct a detailed geophysical survey of the mining pit to optimise mine processing and production. Production is scheduled to re-commence next week. Whilst this has created a temporary delay in sales, the Company confirms that ~2,800 tonnes of magnetite concentrate have been sold to CMP with first revenue to be referenced in the commentary of 4C Quarterly Report for the period ended 30 September 2022 which will be released next week. As well as magnetite concentrate sales, Freehill is in discussions for the long-term supply of waste material to Cementos Bicentenario SA ("BSA") (https://www.cementosbsa.com/). BSA has been impacted by recent changes to Chilean legislation regarding recovery of gravels from river beds and is seeking alternative supply. Reported Earnings • Sep 30
Full year 2022 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in FY 2021) Full year 2022 results: AU$0.001 loss per share (in line with FY 2021). Net loss: AU$1.62m (loss narrowed 28% from FY 2021). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 15
Freehill Mining Limited Updates on First 2,500T of Magnetite Concentrate Delivered Freehill Mining Limited provided an update on magnetite concentrate sales from its 100%-owned Yerbas Buenas magnetite mine in Chile. The Company confirms that the initial delivery of 2,500 tonnes of magnetite ore to Compania Minera Del Pacifico S.A. has been completed successfully. The delivery constitutes part of an off-take agreeme nt with CMP - a subsidiary of Chile's large iron ore producer - under which Freehill will deliver an initial total of 24,000 tonnes of magnetite concentrate. Daily deliveries remain ongoing as part the agreement, and overground transport logistics operated efficiently throughout the first two weeks of daily sales to CMP. Each delivery was executed on time, with confirmation of receipt by the end-customer. The efficient delivery processes can be attributed to the extensive groundwork carried out by Freehill in cooperation with CMP, including detailed transport approvals from local regulators. Transport logistics plans also required effective solutions for inventory management and delivery infrastructure, including trucking procurement and mapping of transport logistic routes. With established delivery processes now formally in place, the Company has successfully de-risked its operations and converted Y.B. from an exploration project into a cash-generating asset. While the immediate focus is to ensure the smooth delivery of the balance of the initial 24,000 tonne offtake with CMP, Freehill's focus is to secure additional supply to CMP and lock in additional sales contracts with new customers in the months ahead, as it consolidates its position. Annuncio • Aug 25
Freehill Mining Limited Announces Regular Deliveries of Magnetite Concentrate from Its 100%-Owned Yerbas Buenas Magnetite Mine Freehill Mining Limited announced that regular deliveries of magnetite concentrate from its 100%-owned Yerbas Buenas magnetite mine in Chile have now commenced with first revenue to be received next month. The commencement of magnetite concentrates deliveries is a major milestone for Freehill transforming the Company into a revenue-generating mining business. Deliveries will be made on a daily basis going forward, underpinned by an off-take agreement with Compania Minera Del Pacifico S.A. which Freehill announced in May of this year. CMP operates as a subsidiary of Chilean conglomerate CAP S.A. – Chile’s larger iron ore producer. The commencement of regular deliveries follows the successful procurement of the requisite transport approvals, with magnetite concentrate being supplied from Freehill’s existing inventory stockpiles which continues to be supported by ongoing production. Freehill has demonstrated the infrastructure and regulatory frameworks required to generate stable ongoing monthly revenues are robust following an exhaustive process involving both the project and transportation capabilities. The commencement of regular magnetite concentrate deliveries and thus sales will generate regular cash flow for Freehill as it continues to develop Yerbas Buenas. Deal terms outlined in the first off-take agreement comprise the receipt of an initial total of 24,000 tonnes of magnetite ore, grading at 53% Fe. Further off-take agreements are likely to be agreed following delivery of this first tonnage. As the Company establishes its position in the Chilean market as a reliable supplier of magnetite ore, negotiations with other prospective customers are advancing very favourably. In addition, negotiations with other domestic customers in relation to the sale of waste aggregate fines are well-advanced and likely to add another sales channel to Freehill in the near-term. During the exhaustive approval process Freehill and its production partner MTN also took the opportunity to review and upgrade its processing plant providing the Company with a high level of confidence in meeting desired production outcomes which the Company expects will be reflected through sales in the coming months. Annuncio • Jun 02
Freehill Mining Limited announced that it expects to receive AUD 0.75 million in funding Freehill Mining Limited announced that it will issue 37,500,000 ordinary shares at a price of AUD 0.02 per share for gross proceeds of AUD 750,000 on June 2, 2022. The transaction will include participation from a select number of new and existing sophisticated investors. The transaction is expected to close on June 7, 2022 or in the next five days. Board Change • Apr 27
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 Chairman Ray Mangion was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0 (up from AU$0.001 loss in 1H 2021). Net loss: AU$556.0k (loss narrowed 57% from 1H 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 24
Freehill Mining Limited Announces Mining and Processing Activities Commence At Yerbas Buenas Freehill Mining Limited provided update to shareholders on the ramp up of mining and ore processing activities at the company's 100%-owned Yerbas Buenas magnetite project. Mining, crushing and processing activities are well underway with approximately 150,000 metric tons of stockpiled mined material ready for processing. Impact crusher acquired and installed which elevates the mine from two stage to three stage fine crushing circuit producing final - 3mm iron ore product. The impact crusher provides a two-level benefit of increasing the grade of iron ore and higher value fine aggregate and once producing, the Company will look to optimize its process from its' sources of supply. Magnetic plant operating at 100%, producing over 300 tons of finished product per hour. Freehill's focus at this time is on stockpiling processed material while sales arrangements are finalized. Operations are now well underway with mining, crushing and processing equipment on site and operational. In the last week, an Impact crusher has been acquired with installation substantially completed. The impact crusher elevates the process from a two stage to a three stage fine crushing circuit. The impact crusher delivers a final product of-3mm iron ore which the Company is expecting to be available for sale to potential off-takers imminently. The Company's magnetic plant has now reached 100% capacity and is operating at a processing capacity of 300+ tonnes per hour. Freehill's focus is now on stockpiling the processed ore while off-take sales contracts are assessed. Currently, the Company has approximately 150,000 metric tonnes of stockpiled mined material ready for processing. Discussions with several off-takers are already well advanced, with demand being evidenced from a number of further identified potential domestic and international off take customers. Executive Departure • Nov 29
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Company Secretary Tom Sapountsis has left the company On the 26th of November, Tom Sapountsis' tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Tom's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Recent Insider Transactions Derivative • Nov 11
Independent Chairman exercised options to buy AU$68k worth of stock. On the 4th of November, Raymond Mangion exercised options to buy 3m shares at a strike price of around AU$0.025, costing a total of AU$68k. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. Since June 2021, Raymond has owned 35.41m shares directly. This was the only transaction from an insider over the last 12 months. Reported Earnings • Sep 29
Full year 2021 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in FY 2020) Full year 2021 results: Net loss: AU$2.24m (loss narrowed 32% from FY 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 22
Freehill Mining Limited Announces Exploration and Project Development Update at El Dorado Diamond Drill Program Freehill Mining Limited provided this update to shareholders on exploration and project development activities. The company has taken the decision to suspend the three-hole 1,500 metre diamond drill program at El Dorado based on limited mineralisation encountered in the first 1000 metres of drilling. The remaining capital allocated for this program will be redeployed to exploration and project development activities underway to advance Freehill's 67Mt Yerbas Buenas magnetite project. A number of intervals with chalcopyrite mineralisation and intense quartz stockwork veining from this drill program were encountered and these intervals have been sampled and 300 samples sent for copper and gold analysis with results to be released as soon as they become available. The El Dorado drill program was designed to test three high value targets covering only a small area of the broader 750-hectare tenement package and the technical team is now assessing other potential targets in the northern part of the project area where no exploration work has been undertaken due to the steeper topography. Annuncio • May 21
Freehill Mining Limited Commences Three-Hole 1,500 Metre Diamond Drill Program at its 100%-Owned El Dorado Project in Chile Freehill Mining Limited advised that it has commenced a three-hole 1,500 metre diamond drill program at its 100%-owned El Dorado project in Chile. The rig is currently drilling the first of three targets. El Dorado is a 750-hectare tenement that is highly prospective for copper and gold. It directly adjoins Freehill's 67Mt Yerbas Buenas magnetite project. The first drill hole has been designed to test the high intensity Induced Polarisation ("IP") chargeability anomaly identified during exploration activities in late 2020. The remaining two drill holes are proposed to test a number of targets outlined during the recent mapping and geophysical survey undertaken in December 2019. Reported Earnings • Mar 18
First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2020) First half 2021 results: Net loss: AU$1.29m (loss narrowed 26% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Annuncio • Dec 25
Freehill Mining Limited, Annual General Meeting, Jan 28, 2021 Freehill Mining Limited, Annual General Meeting, Jan 28, 2021, at 11:01 AUS Eastern Standard Time. Agenda: To consider remuneration report; to consider re-election of Mr Paul Davies; to consider approval to issue shares to Mr. Peter Hinner; to consider approval to issue performance rights to Mr. Paul Davies; to consider appointment of Connect National Audit as Auditor; to consider approval of amendments to the constitution; and to consider other matters. Annuncio • Nov 28
Freehill Mining Limited Announces Induced Polarisation Identifies Very Large Potential Copper Structure At El Dorado Freehill Mining Limited announced that a recently completed Induced Polarisation "IP" geophysics survey at the Company's 750 hectare El Dorado concession area has successfully identified a very large potential copper large structure ten times bigger than the structure diamond drilled at ES-001, 800m to the south that had significant copper sulphide intersections(See figures 1 & 2 and ASX release Highly Encouraging Copper Gold Mineralisation at El Dorado 27 October 2020). The high intensity core of the IP structure has a footprint of approximately 1km x 500m (32 hectares) with a mineralised halo twice this size. The recent IP surveys have extended coverage from the previous 9 lines on the Yerbas Buenas concession area to an
additional 4 lines on the El Dorado concessions located immediately to the north. Chargeabilities on the new IP lines are significantly higher than previous lines with inverted chargeabilities up to 24 mV/V, compared to chargeabilities of 10 to 16 mV/V on the 9 previous lines to the south suggesting increased sulphide mineralization to the north. These higher chargeabilities are much closer to the high amplitudes observed in nearby copper projects such as Caballo Blanco, Higuera and Dominga. The high chargeabilities are also associated with unusually high resistivities at depth although some relatively conductive zones are present near the surface. The resistivity data mark an important NNW-trending structure-contact on all the lines. Material to the west of this contact is conductive and low chargeability, while to the east of the contact is resistive and moderate or high chargeability.
Some shallow conductive zones on the eastern part of the survey are interpreted as possible structures that are oriented mostly NW to NNW, Multiple magnetic lineaments are also oriented NW to WNW, parallel to and sometimes coincident with the resistivity lineaments and mapped structures. Strongly magnetic bodies are concentrated south of the main chargeability anomalies. A series of magnetic bodies flanks the NNW resistivity contact on the southern part of the grid, while other magnetic bodies are located further east. There is one large magnetic zone located in the northern part of the grid within the high chargeability zone. This magnetic zone is surrounded by a halo of low magnetic relief that may indicate magnetite destructive alteration. This zone of interpreted magnetite destruction is closely coincident with the highest chargeabilities and resistivities. A single 400m exploratory diamond drill hole (ES001) was completed in the north eastern extremity of the Yerbas Buenas concession within the northern IP anomaly and the core recently relogged leading to a reinterpretation of the geological model. The hole yielded several intersections with intense alteration and highly encouraging copper sulphide mineralisation within the first 144m from collar. The hole was terminated at 400m. Eighteen intervals from 34m to 144m from collar returned an average of 0.2% (2000ppm) copper with up to 0.324% Cu in individual intervals. Annuncio • Oct 16
Freehill Mining Limited Provides Metallurgical Test Results Freehill Mining Limited announced that as part of the feasibility study for the 100%-owned Yerbas Buenas project, metallurgical testing results of drill core samples from the company's YB6 magnetite resource have been completed with high quality and grade iron ore concentrate produced. Results have confirmed that a quality -3mm concentrate `sinter feed' of +62% Fe can be produced relatively simply due to the high quality of the Yerbas Buenas mineralisation whilst some tests have produced over 63% Fe. Additional testing of the concentrates using Davis Tube Separation showed that the Yerbas Buenas sinter feed reduced to -45 microns can produce a high quality, low impurity pellet feed with over 71% Fe. What is most encouraging is that even the lower grade feed samples were able to produce a Davis Tube concentrate of over 70% Fe indicating Yerbas Buenas materials amenability to potentially produce high quality pellet feed and pellets. Testing was carried out at SGS Santiago, JK Tech Centre Australia and at one of Chile's most respected iron ore metallurgical laboratories Polimin Ltda. Several samples totalling 650kg and representing low, medium and high grade mineralised diamond core from varying geological domains were used to conduct crushing and magnetic separation tests at various feed grades and process settings. Each type was tested separately to determine magnetite recovery through different regions of the resource. Several more phases of testing and development to optimise results will occur however this first round of results are very encouraging. As this is the first time that metallurgical testing has been performed on YB6 material the results are extremely encouraging and further testwork is expected to lead to lower contaminant levels. Highlights of the testing program were: SGS SMC testing to establish various crushing parameters. Bond Work Index tests indicate relatively low crushing energy requirements at 14-18 kWh/t. JK Tech Simulation using crushing data to establish likely processing circuits and crushing equipment needs. Pilot scale magnetic separation testing done at -3mm using only rougher and cleaner stages. All processing and magnetic separation done dry to reflect a final plant design that would use no water. All Davis Tube Separation tests produced concentrates of >70% Fe grade indicating very good magnetite release. Low degree of oxidation indicating minimal hematites present and thus high mass yields. Over 90% recovery of iron at the nominal mineable grade. Mineralogy work under way to investigate whether recoveries can be increased further. Phosphorus (P) levels and other impurities below industry maximum limits. Metallurgical testing of the diamond core is one important part of the various works being undertaken as part of the Feasibility Study into the development of a magnetite mine at Yerbas Buenas. Project Development Concept; Freehill's development concept is that of an open pit drill, blast, truck and shovel mine with a conventional crushing and screening operation producing a -3mm crushed ore. Crushed material will then be processed through two or three stages of dry magnetic separation to produce a nominal 62% Fe fines product for sale. Freehill operated a trial mining and demonstration processing plant in the YB1 orebody for almost two years supplying sinter feed and preconcentrate to one of Chile's pellet feed plants. Feedback from the customer was that Yerbas Buenas concentrate produced a very high quality pellet feed that performed well in iron ore smelters. The current metallurgical test work using YB6 material suggests that a similar quality product is capable of being produced. Annuncio • Aug 04
Freehill Mining Limited announced that it has received AUD 0.6 million in funding Freehill Mining Limited (ASX:FHS) announced a private placement of 10,000,000 common shares at a price of AUD 0.06 per share for gross proceeds of AUD 600,000 on August 3, 2020. The transaction included participation from professional and sophisticated existing investor Gavin Ross and associated parties. The transaction has been approved by the shareholders of the company at the general meeting.