Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Additional Independent Non-Executive Director David Frances was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Oct 03
Southern Hemisphere Mining Limited, Annual General Meeting, Nov 03, 2025 Southern Hemisphere Mining Limited, Annual General Meeting, Nov 03, 2025. Location: at 20 howard street, perth, western australia Australia Annuncio • Oct 31
Southern Hemisphere Mining Limited, Annual General Meeting, Nov 28, 2024 Southern Hemisphere Mining Limited, Annual General Meeting, Nov 28, 2024. Location: at suite 2, 20 howard street, perth, western australia, Australia New Risk • Sep 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.7m (US$9.91m) 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 Shares are highly illiquid. Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.7m market cap, or US$9.91m). Minor Risk Shareholders have been diluted in the past year (40% increase in shares outstanding). New Risk • Jul 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% 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. Earnings have declined by 48% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$21.4m market cap, or US$14.4m). Annuncio • Jun 08
Southern Hemisphere Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million. Southern Hemisphere Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 142,857,143
Price\Range: AUD 0.035
Transaction Features: Subsequent Direct Listing Annuncio • Oct 25
Southern Hemisphere Mining Limited, Annual General Meeting, Oct 24, 2023 Southern Hemisphere Mining Limited, Annual General Meeting, Oct 24, 2023, at 10:30 W. Australia Standard Time. Location: Suite 2, 20 Howard Street Perth Western Australia Australia Agenda: To receive and consider the Annual Report of the Company for the financial year ended 30 June 2023, which includes the Financial Report, the Directors' Report and the Auditor's Report; to consider Adoption of Remuneration Report; to consider directorate reelections; to consider Approval of 10% Placement Facility Listing Rule 7.1A; to consider Appointment of Auditors; and to consider other matters. New Risk • Aug 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% 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$2.7m free cash flow). Shares are highly illiquid. Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$10.5m market cap, or US$6.76m). Annuncio • Feb 04
Southern Hemisphere Mining Limited Reports Geological Mapping of Areas Previously Un-Explored Within the Project Area Southern Hemisphere Mining Limited reported that the geological mapping of areas previously un-explored within the project area included 254 rockchips collected during the 2022 mapping program. The rockchip sampling program at Llahuin has identified several veins in areas outside known resources in the project area. Significant results are presented below and demonstrate very high-grade copper ±- gold ± silver veins occur in the project area. Three target areas have been defined, one at Cerro de Oro, a second 1km North of Cerro de Oro and a third North of the Central Porphyry insets A, B and C above. The NE striking vein North of the Cerro de Oro deposit contains high-grade copper and silver outlined by samples 22LHR000183-184 which contain visible azurite and chalcocite. The area will require additional work to determine the strike extent of this vein system. An additional two copper-bearing veins were identified to the NE of this with sample 22LHR000214 assaying 1.66% Cu, 4.53g/t Au and 3g/t Ag. Very high-grade Cu-bearing veins were sampled to the west of the Cerro de Oro deposit with samples 22LHR000105 and 106 testing a North-South striking vein over a 90m strike (where exposed) and returned values of 16.6% Cu, 094g/t Au and 1g/t Ag and 16.3% Cu, 1.13g/t Au and 4g/t Ag respectively. Annuncio • Jan 24
Southern Hemisphere Mining Limited Announces Los Pumas Project Southern Hemisphere Mining Limited announced that technical work is advancing on its 100% owned Los Pumas Manganese deposit in Northern Chile towards a battery grade product to meet the growing demand for electric vehicles. Studies are in progress to evaluate potential for production of High Purity Manganese Sulphate Monohydrate at site to supply the North American EV market. Los Pumas hosts a resource of 23.7 million tonnes of Manganese ore, with potential for expansion. The ore is from surface, ideal for open pit low-cost mining and near the port of Arica in Northern Chile for simple product export to the United States West Coast and for the USA EV production facilities. The Company is working with Mn Energy Limited to conduct preliminary test-work on the Los Pumas ore employing the Mn Energy patent pending leach-purification method for HPMSM manufacture. Samples of ore from Los Pumas deposit have been collected from site and are in transit to Mn Energy for this first phase of test-work. Mn Energy is a participant in the Future Batteries Industry Cooperative Research Centre Cathode Precursor Pilot Plant Project and has provided samples of its HPMSM for use in ongoing test work and development. FBICRC has successfully utilised a sample of Mn Energy's HPMSM in the first Australian production of high-quality precursor cathode active material. The Company is currently in the process of updating the Los Pumas Manganese resource, as well as technical and metallurgical work on end products suiting the EV battery industry. Los Pumas Manganese ore is a specific mineralogy (Cryptomelane) which is optimal to produce HPMSM. The market for HPMSM is forecasted to grow tenfold to 2030 based on EV demand, to 3.1mtpa and a deficit of 1.5mt (CPM Group forecast 2021). The majority (90%) of the current supply chain is produced in China and the EV manufacturers report is seeking to balance supply from a range of sources. The demand for North American high purity manganese is expected to rise to approximately 200,000 tonnes per annum metal equivalent by 2031, yet there is no current processing capacity and production of battery-grade manganese in North America. Annuncio • Jan 19
Southern Hemisphere Mining Limited Reports Copper Infill Sampling Unlocks Potential At Llahuin Project Southern Hemisphere Mining Limited reported that a second infill program has confirmed and added gold to the new Southern Porphyry target in the South of the project area as an oblong copper/gold in soil anomaly with a footprint similar to the Central Porphyry and shows a robust +500ppm copper in soil contour with a peak value of 0.22% (2,232ppm) copper in soil. The core 1,000ppm copper contour extends for approximately 200m in a NNW direction. The Southern Porphyry gold assays show a robust, coincident +40ppb gold in soil anomaly associated with the copper in soil anomaly with a peak value of 240ppb gold. As previously reported the anomaly is spatially associated with a large circular magnetic high which is interpreted to be a porphyry signature. Details of the work are as follows: Infill soil sampling is typically 100m spaced sample lines and 25m sample spacing. The soils are analysed by an Olympus Vanta ‘M series’ Pxrf. A comparison with 210 Laboratory Copper analyses showed excellent agreement with an R2 value of 0.99. An appropriate standard and blank are analysed for each batch of approximately 20 samples and demonstrate the instrument is reading within acceptable tolerances. The Company geologists are currently completing geological/structural mapping in the area of the Copper in soil anomaly to better understand the area. Further exploration work continues to target new opportunities for copper/gold resource expansion. Background information on southern hemisphere mining: Southern Hemisphere Mining Limited is an experienced minerals explorer in Chile, South America. Chile is the world's leading copper producing country and one of the most prospective regions of the world for major new copper discoveries. The Company's projects include the Llahuin Porphyry Copper-Gold Project, the Colina 2 Gold/Copper prospect near Llahuin, and the Los Pumas Manganese Project, all of which were discovered by the Company. Board Change • Nov 16
High number of new directors Additional Independent Non-Executive Director David Frances was the last director to join the board, commencing their role in 2021. Board Change • Oct 18
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 Mark Stowell is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 09
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 Mark Stowell is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 16
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 Mark Stowell is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 23
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 Mark Stowell is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
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 Mark Stowell is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 17
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 Mark Stowell is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 03
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 Mark Stowell is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 11
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 Mark Stowell is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 25
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 Mark Stowell is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Mar 26
Company Secretary has left the company On the 24th of March, Jessamyn Lyons' tenure as Company Secretary ended after 3.5 years in the role. We don't have any record of a personal shareholding under Jessamyn's name. A total of 4 executives have left over the last 12 months. Executive Departure • Feb 10
Independent Non-Executive Director has left the company On the 5th of February, David Lenigas' tenure as Independent Non-Executive Director ended after 4.6 years in the role. As of September 2020, David personally held 9.08m shares (AU$354k worth at the time). A total of 3 executives have left over the last 12 months. Executive Departure • Feb 09
Non-Executive Director has left the company On the 5th of February, Keith Coughlan's tenure as Non-Executive Director ended after 4.6 years in the role. As of September 2020, Keith personally held 2.44m shares (AU$95k worth at the time). A total of 3 executives have left over the last 12 months. Executive Departure • Feb 09
Independent Non-Executive Director has left the company On the 5th of February, David Lenigas' tenure as Independent Non-Executive Director ended after 4.6 years in the role. As of September 2020, David personally held 9.08m shares (AU$354k worth at the time). A total of 3 executives have left over the last 12 months. 
