Board Change • May 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Paul Roberts 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 • Mar 25
Apollo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.8 million. Apollo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 70,000,000
Price\Range: AUD 0.04
Transaction Features: Subsequent Direct Listing Annuncio • Feb 05
Apollo Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.8 million. Apollo Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 70,000,000
Price\Range: AUD 0.04
Transaction Features: Subsequent Direct Listing Annuncio • Jan 30
Apollo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 6.53875 million. Apollo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 6.53875 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 212,907,407
Price\Range: AUD 0.027
Discount Per Security: AUD 0.00162
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,268,518
Price\Range: AUD 0.027
Discount Per Security: AUD 0.00162
Transaction Features: Subsequent Direct Listing Annuncio • Sep 19
Apollo Minerals Limited, Annual General Meeting, Nov 18, 2025 Apollo Minerals Limited, Annual General Meeting, Nov 18, 2025. Annuncio • Feb 13
Apollo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.249596 million. Apollo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.249596 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 89,099,649
Price\Range: AUD 0.014
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 143,014,350
Price\Range: AUD 0.014
Transaction Features: Rights Offering Annuncio • Nov 21
Apollo Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.2496 million. Apollo Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.2496 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 232,114,300
Price\Range: AUD 0.014
Transaction Features: Rights Offering New Risk • Nov 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.98m (US$9.48m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.7m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€8.98m market cap, or US$9.48m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Sep 26
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$2.7m 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$2.7m free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Revenue is less than US$1m (AU$93k revenue, or US$63k). Minor Risks Shareholders have been diluted in the past year (32% increase in shares outstanding). Market cap is less than US$100m (€10.2m market cap, or US$11.4m). Annuncio • Sep 23
Apollo Minerals Limited, Annual General Meeting, Nov 20, 2024 Apollo Minerals Limited, Annual General Meeting, Nov 20, 2024. New Risk • Apr 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.27m (US$9.88m) 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 (22% average weekly change). Revenue is less than US$1m (AU$11k revenue, or US$7.2k). Market cap is less than US$10m (€9.27m market cap, or US$9.88m). Minor Risk Shareholders have been diluted in the past year (32% increase in shares outstanding). Annuncio • Jan 31
Apollo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.494 million. Apollo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.494 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 136,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,760,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Dec 04
Apollo Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.494 million. Apollo Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.494 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 139,760,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Transaction Features: Subsequent Direct Listing Annuncio • Oct 27
Apollo Minerals Limited Announces Board Changes Apollo Minerals Limited announced that Mr. John Welborn, Non-Executive Chairman of the Company, has resigned from his position, effective from October 27, 2023, to focus on his other business commitments. Mr. Welborn remains a strong and supportive presence as one of the Company's largest shareholders. Mr. Ian Middlemas, Non-Executive Director, has been appointed as the Chairman of the Company's Board, effective from October 27, 2023. Annuncio • Sep 22
Apollo Minerals Limited, Annual General Meeting, Nov 22, 2023 Apollo Minerals Limited, Annual General Meeting, Nov 22, 2023. Agenda: To consider the re-election of Directors. Annuncio • Sep 06
Apollo Minerals Limited Announces Appointment of Paul Roberts as Non-Executive Director, Effective 11 September 2023 Apollo Minerals Limited announced the appointment of highly credentialed exploration and mine geologist Mr. Paul Roberts as a NonExecutive Director of the Company effective 11 September 2023. Paul Roberts has a long and successful history in mineral exploration management and mine geology in Australia, Africa, and South America. Mr. Roberts was the Founder and Managing Director of African focussed gold explorer Predictive Discovery Limited for over a decade, where he was responsible for the discovery of the world class Bankan Gold Project in Guinea, West Africa. Mr. Roberts also led and was responsible for the discovery of the Henty gold deposit and major extensions to the St Dizier tin deposit, both in Tasmania, as well as resource evaluations of the Kuridala copper gold deposit in North Queensland and the Bongara zinc deposit in Peru. He holds a Master's Degree and is a Fellow of The Australian Institute of Geoscientists. Annuncio • Aug 31
Apollo Minerals Limited (ASX:AON) agreed to acquire Belgrade Copper Project. Apollo Minerals Limited (ASX:AON) agreed to acquire Belgrade Copper Project on August 29, 2023. Under the terms, Apollo will issue 30 million shares, 10 million unlisted options exercisable at AUD 0.05 expiring 3 years from issue, 10,000,000 unlisted options exercisable at AUD 0.075 expiring 3 years from issue (together, the Upfront Consideration), all to be issued at completion, 20,000,000 deferred shares following the announcement of a JORC compliant Mineral Resource of at least 12 million tonnes at a grade of 2 percent copper or equivalent within 5 years of the completion of the Acquisition, the issue of which is subject to shareholder and he grant of a 2% net smelter royalty on future production from Edelweiss over the licences and licence applications. Completion of the Acquisition is subject to Apollo Minerals completing due diligence, Apollo Minerals and the Vendor obtaining all necessary regulatory, ministerial, or third party approvals required to complete the Acquisition. New Risk • Jul 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.00m (US$9.92m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Revenue is less than US$1m (AU$37k revenue, or US$25k). Market cap is less than US$10m (€9.00m market cap, or US$9.92m). Minor Risk Shareholders have been diluted in the past year (9.4% increase in shares outstanding). Reported Earnings • Mar 15
First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.002 loss in 1H 2022) First half 2023 results: AU$0.005 loss per share (further deteriorated from AU$0.002 loss in 1H 2022). Net loss: AU$2.54m (loss widened 192% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jan 31
Apollo Minerals Limited Reports New Near Surface Mineralised Zones Extending the Province-Scale Kroussou Zinc-Lead Project Apollo Minerals Limited reported new near surface mineralised zones extending the province-scale Kroussou zinc-lead (`Zn-Pb') project in Gabon. This follows on from the Company's recently announced globally significant initial Exploration Target which validated Kroussou's `Super Giant' scale potential, covering more than 135km of strike. In late 2022, the Company completed regional reconnaissance mapping and soil geochemical sampling programs at TPs 7, 10, 13, 14 and 24 which enabled field-testing of initial target regions generated from the 2022 airborne electromagnetic (`AEM') survey. The programs also assessed the potential for structural targets similar to those interpreted to be controlling the massive sulphides identified at TP13 (40% Zn+Pb over 3.5m from 3.5m downhole). Mapping and geochemical sampling occurred at five TPs with 68 rock chip samples, 509 soil samples and 426 field observations collected. Results from the rock chip sampling and final field mapping reports have been received; whilst the soil geochemistry is pending final analysis. Key results received include: Identification of a new embayment structure and mineralised gossans within barite-rich outcrop identified approximately 1.7km north of the 2022 TP13 massive sulphide discovery (40% Zn+Pb over 3.5m from 3.5m downhole, refer ASX announcement dated 18 October 2022). The gossans are interpreted to be in a similar structural setting as the TP13 mineralisation with grades of up to 0.8% Zn+Pb; higher than returned from the gossans above the TP13 massive sulphides (0.4% Zn+Pb), a highly encouraging result; Identification of a 600m long gossan trend at TP10 along a potential high-grade structure. Grades of up to 1.6% Zn+Pb have been identified in the gossan samples, which are close to shallow high-grade drilling (e.g. 5.8m @ 6.5% Zn+Pb from 10.2m); Identification of gold mineralisation within the Kroussou base metal system at TP14, with gossan rock chips of up to 6.7g/t Au; and Confirmation of gold mineralisation at the Salane Prospect (`Salane' or `TP24'), with quartz- vein rock chips from mining spoils of up to 30g/t Au. This correlates with historical reports which indicated gold in quartz veining within the Salane Prospect area. The field mapping has confirmed that the AEM survey was successful in identifying new areas of embayment-style mineralisation and in providing additional detail to the existing interpretation of embayment contacts. From these activities, multiple new occurrences of gossanous and barite- rich material were identified in the field based upon the AEM target regions. The broader AEM data set is now being interrogated to generate additional targets for the 2023 field season, with a focus on structural targets amenable to the massive sulphide mineralisation encountered at TP13. Additionally, reconnaissance drilling of three diamond drill holes at TP8 has confirmed the presence of base metal mineralisation within the sediments of the embayment system. Although only early-stage, all three holes intersected a contiguous mineralised horizon ranging from 4m to 11m thick; with hole NGDD001 intersecting 11.4m @ 1.1% Zn+Pb from 65.6m. The 2023 field work program has commenced with an initial focus on assessing the 50km trend of the newly acquired Keri permit and will continue into March including field mapping, sampling and soil geochemistry; all of which will aid in target definition for future drill programs. Target Prospect 13 – Niambokamba: Mapping at TP13 has identified mineralised iron-rich gossans at surface within an 80m long series of barite outcrops which are 1.7km to the north of the TP13 massive sulphide discoveryapp. The gossans display anomalous grades of up to 0.8% Zn+Pb with fine-scale zinc-rich banding (interpreted to be sphalerite) identified. The barite and gossanous outcrop are interpreted to be in a structural setting similar to the massive sulphide mineralisation in NKDD029, which is modelled as being hosted in a structurally controlled breccia. For context, the gossan sample near NKDD029 had a grade of 0.4% Zn+Pb and therefore the new gossan sample is considered highly encouraging. This new gossan discovery was driven by the interpretation of the recently acquired AEM data and demonstrates how the AEM survey data is assisting in identifying new targets and in delineating potential structural trends. Target Prospect 14 – Doukwe: Extension of mapping into the TP14 region has identified outcropping barite and gossans. Encouragingly, one sample at TP14 returned a grade of 6.7g/t Au hosted within the Cretaceous sediments adjacent to the basement contact. It is noted that historical mapping at nearby TP12 by the French Bureau de Recherches Géologiques et Minières (`BRGM') (Arnould, 1966) identified 40g/t gold plus silver mineralisation from a rock chip sample in trenches. The report combined the gold and silver grades and there was not any sample or assay information supplied, therefore the Company considers the stated number to be an empirical indication of mineralisation only. Historically, assaying of the Kroussou base metal mineralisation has generally not included precious metal suites and the identification of gold within the mineralised system will be followed up in future activities. Board Change • Nov 16
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. 6 non-independent directors. Non-Executive Director John Welborn was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.004 loss per share (vs AU$0.003 loss in FY 2021) Full year 2022 results: AU$0.004 loss per share (further deteriorated from AU$0.003 loss in FY 2021). Net loss: AU$1.82m (loss widened 56% from FY 2021). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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. 6 non-independent directors. Non-Executive Director John Welborn was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 13
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2021). Net loss: AU$868.8k (loss widened 57% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 29
Full year 2021 earnings released: AU$0.003 loss per share (vs AU$0.006 loss in FY 2020) Full year 2021 results: Net loss: AU$1.17m (loss narrowed 27% from FY 2020). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jul 28
Insider recently sold €330k worth of stock On the 21st of July, Linda Steinepreis sold around 6m shares on-market at roughly €0.059 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €291k more than they bought in the last 12 months. Reported Earnings • Mar 11
First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in 1H 2020) First half 2021 results: Net loss: AU$551.8k (loss narrowed 40% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Executive Departure • Feb 23
Non-Executive Director has left the company On the 22nd of February, Mark Pearce's tenure as Non-Executive Director ended after 4.6 years in the role. As of December 2020, Mark personally held 10.00m shares (€245k worth at the time). Mark is the only executive to leave the company over the last 12 months. Reported Earnings • Oct 01
Full year earnings released - €0.0056 loss per share Over the last 12 months the company has reported total losses of AU$1.60m, with losses narrowing by 82% from the prior year. 