Board Change • May 20
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Tim Lindley is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Tim Lindley is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jan 22
Critica Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million. Critica Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 203,062,884
Price\Range: AUD 0.026
Discount Per Security: AUD 0.00156
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 104,629,423
Price\Range: AUD 0.026
Discount Per Security: AUD 0.00156
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Tim Lindley is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 18
Critica Limited has filed a Follow-on Equity Offering in the amount of AUD 8 million. Critica Limited has filed a Follow-on Equity Offering in the amount of AUD 8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 203,062,884
Price\Range: AUD 0.026
Discount Per Security: AUD 0.00156
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 104,629,423
Price\Range: AUD 0.026
Discount Per Security: AUD 0.00156
Transaction Features: Subsequent Direct Listing Annuncio • Sep 27
Critica Limited, Annual General Meeting, Nov 19, 2025 Critica Limited, Annual General Meeting, Nov 19, 2025. Board Change • Aug 18
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 Chair Tim Lindley is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Feb 04
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). MD & Non-Executive Director Philippa Leggat is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Dec 24
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). MD & Non-Executive Director Philippa Leggat is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Annuncio • Oct 03
Critica Limited, Annual General Meeting, Nov 27, 2024 Critica Limited, Annual General Meeting, Nov 27, 2024. Reported Earnings • Sep 27
Full year 2024 earnings released: AU$0.003 loss per share (vs AU$0.005 loss in FY 2023) Full year 2024 results: AU$0.003 loss per share (improved from AU$0.005 loss in FY 2023). Net loss: AU$6.05m (loss narrowed 34% from FY 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Annuncio • Jul 17
Goldvalley Brown Stone Pty Ltd completed the acquisition of Venture Iron Pty Ltd from Venture Minerals Limited (ASX:VMS). Goldvalley Brown Stone Pty Ltd agreed to acquire Venture Iron Pty Ltd from Venture Minerals Limited (ASX:VMS) for AUD 3 million on June 24, 2024. Gold Valley will fund the consideration through cash reserves. The expected completion of the transaction is July 8, 2024.
Goldvalley Brown Stone Pty Ltd completed the acquisition of Venture Iron Pty Ltd from Venture Minerals Limited (ASX:VMS) on July 16, 2024. Annuncio • Jun 25
Goldvalley Brown Stone Pty Ltd agreed to acquire Venture Iron Pty Ltd from Venture Minerals Limited (ASX:VMS) for AUD 3 million. Goldvalley Brown Stone Pty Ltd agreed to acquire Venture Iron Pty Ltd from Venture Minerals Limited (ASX:VMS) for AUD 3 million on June 24, 2024. Gold Valley will fund the consideration through cash reserves. The expected completion of the transaction is July 8, 2024. Board Change • Apr 03
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 Mel Ashton was the last independent director to join the board, commencing their role in 2006. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 19
First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in 1H 2023) First half 2024 results: AU$0.001 loss per share (improved from AU$0.003 loss in 1H 2023). Net loss: AU$2.50m (loss narrowed 56% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Annuncio • Feb 07
Venture Minerals Limited Announces Board Changes The board of Venture Minerals Limited elected to follow a staged process in moving to a new leadership team. Execution of the strategy began on 9 October 2023 with Ms Philippa Leggat joining the board as a Non-Executive Director, and the simultaneous announcement that Mr. Mel Ashton would resign as Non-Executive Chair once a replacement had been found. Mr. John Jetter agreed to remain a Non-Executive Director, as part of the handover process and to provide continuity alongside the incoming directors. Acacia Executive Search was engaged to conduct the recruitment process for a new Chair. The recruitment process is well advanced, with interest from a number of suitable candidates already received. In light of the board renewal progress, Mr. Jetter will resign as Non-Executive Director. His resignation is effective on 31 March 2024, allowing time for the orderly transition to complete. This also allows Mr. Jetter to focus his attentions on his role as Non-Executive Chair of Otto Energy Ltd, which is currently undergoing a strategic change and requires his full-time attention. Mr. Jetter, joined the Board in June 2010 and has been a highly valued director of the Company for over 13 and a half years. He has brought decades of significant corporate, financial and legal expertise that was gained with international tier-one companies to bear on Venture. New Risk • Jan 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. 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$9.3m free cash flow). Less than 1 year of cash runway based on free cash flow trend (-AU$9.3m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 34% per year over the past 5 years. Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m (AU$95k revenue, or US$62k). Revenue is less than US$1m (AU$95k revenue, or US$62k). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$19.9m market cap, or US$13.1m). Annuncio • Oct 10
Venture Minerals Limited Announces Board Changes Venture Minerals Limited announced the appointment of Philippa Leggat to the role of Non-Executive Director. Philippa's appointment follows Venture's commitment to embark on a strategy aimed at recruiting new talent and skill sets to the Company's Non-Executive team. The strategy will also see the current Non-Executive Chair, Mr. Mel Ashton, retire from his position post the Annual General Meeting. The Company has commenced a recruitment process to secure a new Non-Executive Chair, with a number of high calibre candidates currently being considered. Philippa is a mineral industry executive with over 20 years of experience in advancing domestic and international projects along the value chain. She has served as an executive director and advisor to ASX listed companies engaged in capital raising, exploration, development and project evaluation. Philippa has a track record of negotiating value accretive project acquisitions and effectively communicating an organisation's competitive advantages to raise its profile. In addition to her advisory work, Philippa previously served in ASX-listed companies as CEO of Comet Resources, Executive Director of Geopacific Resources and Non-Executive Director of Kula Gold, and Ensurance Ltd. She is currently a Non-Executive Director of Harena Resources, a private Australian company that is focused on developing a large Ionic Clay Rare Earths Project in Madagascar. Philippa is currently studying a master's degree in Data Science Strategy and Leadership through RMIT, with a view to improving her ability to assist companies to use their data to gain insights and make better decisions. Philippa holds bachelor degrees in Commerce (financial management, strategy and risk) and Art (jewellery, gemmology and metallurgy). She is a graduate member of the Australian Institute of Company Directors. Annuncio • Oct 02
Venture Minerals Limited, Annual General Meeting, Nov 16, 2023 Venture Minerals Limited, Annual General Meeting, Nov 16, 2023. Reported Earnings • Sep 30
Full year 2023 earnings released: AU$0.005 loss per share (vs AU$0.012 loss in FY 2022) Full year 2023 results: AU$0.005 loss per share (improved from AU$0.012 loss in FY 2022). Net loss: AU$9.11m (loss narrowed 49% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 16
First half 2023 earnings released: AU$0.003 loss per share (vs AU$0.009 loss in 1H 2022) First half 2023 results: AU$0.003 loss per share (improved from AU$0.009 loss in 1H 2022). Net loss: AU$5.70m (loss narrowed 58% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Annuncio • Feb 16
Venture to Commence Drilling Large Nickel Target Nw Tasmania Venture Minerals Limited announced the commencement of drill testing a new Nickel Target defined by a three kilometre long EM conductor supported at the surface by nickel in soil anomalism and interrupted to be within the Wilson River Ultramafics. Venture has 100% ownership of granted tenure encompassing 13 kilometres of this prospective ultramafic unit.Venture's new Nickel Target sits within the same ultramafic belt that hosts the Avebury Nickel Deposit (264,000 tonnes contained nickel in resources) only 25 kilometres to the south west. Mallee Resource just recently reopened the Avebury Mine and recommenced production. Drilling of the new Nickel Target will commence next week, with shareholders to be updated on any findings including visual indications of nickel mineralisation from the drill core at the earliest opportunity. Nickel is one of the elements that plays a critical enabling role in the energy transition required to reduce CO2 emissions through the deployment of the entire spectrum of clean energy technologies - geothermal, batteries for EVs and energy storage, hydrogen, hydro, wind and concentrating solar power. Board Change • Nov 16
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director John Jetter was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.012 loss per share (vs AU$0.011 loss in FY 2021) Full year 2022 results: AU$0.012 loss per share (further deteriorated from AU$0.011 loss in FY 2021). Net loss: AU$17.8m (loss widened 51% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Board Change • Apr 27
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director John Jetter was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 18
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.009 loss per share (down from AU$0.002 loss in 1H 2021). Net loss: AU$13.5m (loss widened 499% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Executive Departure • Nov 26
Non-Executive Director Hamish Halliday has left the company On the 26th of November, Hamish Halliday was replaced as CEO by Andrew Radonjic after 8.7 years in the role. Hamish still personally held 18.21m shares (AU$956k worth) as of September 2021. This is 1.3% of the company. Hamish is the only executive to leave the company over the last 12 months. Reported Earnings • Oct 01
Full year 2021 earnings released: AU$0.011 loss per share (vs AU$0.003 loss in FY 2020) Full year 2021 results: Net loss: AU$11.8m (loss widened 433% from FY 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 26
Full year earnings released - AU$0.0027 loss per share Over the last 12 months the company has reported total losses of AU$2.20m, with losses narrowing by 22% from the prior year. 
