New Risk • May 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (290% increase in shares outstanding). Revenue is less than US$1m (AU$19k revenue, or US$14k). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (AU$64.5m market cap, or US$46.2m). 공시 • Apr 08
Haranga Resources Limited, Annual General Meeting, May 28, 2026 Haranga Resources Limited, Annual General Meeting, May 28, 2026. New Risk • Nov 18
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 20% 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 Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (313% increase in shares outstanding). Revenue is less than US$1m (AU$1.8k revenue, or US$1.2k). Minor Risk Market cap is less than US$100m (AU$51.7m market cap, or US$33.7m). 공시 • Oct 15
Haranga Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 14 million. Haranga Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 14 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 85,714,286
Price\Range: AUD 0.14
Discount Per Security: AUD 0.0084
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,285,714
Price\Range: AUD 0.14
Discount Per Security: AUD 0.0084
Transaction Features: Subsequent Direct Listing 공시 • Jul 30
Haranga Resources Limited (ASX:HAR) completed the acquisition of Seduli USA LLC from Seduli Holdings (Australia) Ltd. Haranga Resources Limited (ASX:HAR) entered into a binding share sale agreement to acquire Seduli USA LLC from Seduli Holdings (Australia) Ltd. on March 25, 2025. Upon completion of the acquisition, Haranga will issue 40 million Upfront Shares to Seduli, along with 120 million Consideration Performance Rights; comprising: 20 million Class A Consideration Performance Rights, 20 million Class B Consideration Performance Rights, 40 million Class C Consideration Performance Rights and 40 million Class D Consideration Performance Rights, 40 million for a JORC compliant resource of at least 300,000oz Au, and 40 million for a JORC compliant resource of at least 400,000oz Au or a JORC exploration target of 200,000oz to 400,000oz Au. The Consideration Securities will be issued no later than three months after the date of the Meeting or such later date to the extent permitted by any ASX waiver or modification of the Listing Rules and it is intended that all the Consideration Shares will be issued on the same date. The consideration is subject to the following voluntary escrow arrangements: AUD 1.5 million worth of the Consideration Shares will be subject to a six month voluntary escrow period from the date of issue; and the Performance rights will be subject to voluntary escrow as follows: (A) Class A Performance Rights and Class B Performance Rights: 6 months escrow from the date of issue; and (B) Class C Performance Rights and Class D Performance Rights: 4 months escrow from the date of issue of the “Conversion Shares”. Additionally, Haranga will issue AUD 0.965 million in fully paid ordinary shares to existing debt holders of Seduli to settle debts and AUD 10 million shares to the parties whom introduced the transaction. As of July 7, 2025, results from its technical due diligence has only been recently received.
The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer shareholders, approval of offer by target shareholders and consummation of due diligence investigation. As of July 7, 2025, the transaction is expected to be finalized by end of this week. As of July 11, 2025, completion has been delayed pending final execution of certain administrative documents, including deeds of assignment and assumption from third parties. These are well advanced, and completion is expected to occur next week. As of July 17, 2025, the acquisition is near finalisation, with only third-party deeds of assignment and assumption awaiting finalisation and signature.
and assumption awaiting finalisation and signature.
Haranga Resources Limited (ASX:HAR) completed the acquisition of Seduli USA LLC from Seduli Holdings (Australia) Ltd. on July 30, 2025. Board Change • Jul 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Michael Davy was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.