Breakeven Date Change • Jun 30
Forecast to breakeven in 2029 The 3 analysts covering WIA Gold expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$12.9m in 2029. Average annual earnings growth of 45% is required to achieve expected profit on schedule. New Risk • May 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% 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 (15% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$20m net loss in 3 years). Shareholders have been diluted in the past year (24% increase in shares outstanding). お知らせ • May 27
WIA Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 92 million. WIA Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 92 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 200,000,000
Price\Range: AUD 0.46
Discount Per Security: AUD 0.0276
Transaction Features: Subsequent Direct Listing Board Change • May 20
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 Non-Executive Director Andrew Pardey was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • May 20
WIA Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 92 million. WIA Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 92 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 200,000,000
Price\Range: AUD 0.46
Discount Per Security: AUD 0.0276
Transaction Features: Subsequent Direct Listing お知らせ • Feb 03
Santa Fe Minerals Limited (ASX:SFM) completed the acquisition of Glomin Services Limited from WIA Gold Limited (ASX:WIA). Santa Fe Minerals Limited (ASX:SFM) entered into a binding share purchase agreement to acquire Glomin Services Limited from WIA Gold Limited (ASX:WIA) for AUD 5.2 million on November 26, 2025. The consideration payable by SFM to WIA is comprised of the following: 20 million shares in SFM. The Consideration Shares will be subject to an escrow period for 12 months following the completion date, subject to customary exceptions and 8 million performance rights convertible into shares in SFM.
The transaction is subject to completion of placement, approval by regulatory board / committee, approval of offer by acquirer shareholders and third party approval needed. The expected completion of the transaction is February 23, 2026. On January 19, 2026, it was announced that all the conditions precedent under the sale agreement, except for completion of the capital raising, have been satisfied. Santa Fe expects to be in receipt of funds for the capital raising by the end of this week, with completion of the transaction expected to occur by the end of January 2026.
Santa Fe Minerals Limited (ASX:SFM) completed the acquisition of Glomin Services Limited from WIA Gold Limited (ASX:WIA) on February 2, 2026. お知らせ • Nov 26
Santa Fe Minerals Limited (ASX:SFM) entered into a binding share purchase agreement to acquire Glomin Services Limited from WIA Gold Limited (ASX:WIA). Santa Fe Minerals Limited (ASX:SFM) entered into a binding share purchase agreement to acquire Glomin Services Limited from WIA Gold Limited (ASX:WIA) on November 26, 2025. The consideration payable by SFM to WIA is comprised of the following: 20 million shares in SFM. The Consideration Shares will be
subject to an escrow period for 12 months following the completion date, subject to customary exceptions and 8 million performance rights convertible into shares in SFM.
The transaction is subject to completion of placement, approval by regulatory board / committee, approval of offer by acquirer shareholders and third party approval needed. The expected completion of the transaction is February 23, 2026.