New Risk • Mar 12
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). Earnings have declined by 7.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (221% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$29.0m market cap, or US$20.7m). Recent Insider Transactions Derivative • Jan 28
Independent Non-Executive Chairman exercised options to buy AU$105k worth of stock. On the 19th of January, Charles Thomas exercised options to buy 323k shares at a strike price of around AU$0.25, costing a total of AU$81k. This transaction amounted to 23% of their direct individual holding at the time of the trade. Since March 2025, Charles' direct individual holding has increased from 215.00k shares to 1.72m. This was the only transaction from an insider over the last 12 months. Board Change • Nov 26
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. 3 non-independent directors. Non-Executive Director Tyler Formica was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공지 • Oct 14
High-Tech Metals Limited, Annual General Meeting, Nov 27, 2025 High-Tech Metals Limited, Annual General Meeting, Nov 27, 2025. New Risk • Sep 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (AU$16.6m market cap, or US$10.9m). 공지 • Aug 27
High-Tech Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. High-Tech Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,489,271
Price\Range: AUD 0.15
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,177,394
Price\Range: AUD 0.15
Security Features: Attached Options
Transaction Features: Rights Offering New Risk • May 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% 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 Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$7.85m market cap, or US$5.08m). 공지 • Apr 12
High-Tech Metals Limited Completes A Review of Exploration Potential Within the Mt Eureka Project Area High-Tech Metals Limited announced that it has completed a review of exploration potential within the Mt Eureka Project area. HTM is progressing approvals and aggressively expanding its exploration footprint to test these significant targets. High-Tech recently entered a legally binding term sheet to acquire 100% of Rox Resources Limited's interest in the Mt Fisher Gold Project and acquire 51% of the Mt Eureka Gold Project, in the highly prospective Northern Goldfields region of Western Australia. Completion under the Term Sheet is subject to certain conditions, including necessary shareholder approvals which the Company will seek at the upcoming general meeting on 28 April 2025. Mt Fisher and Mt Eureka Gold Project: The Project is in the Northern Goldfields, approximately 500km northeast of Kalgoorlie and 120km east of Wiluna within the Mt Fisher greenstone belt, which is located 40km east of the prolific Yandal greenstone belt, host of significant gold deposits including Jundee, Bronzewing and Milrose). The total consolidated land package is 1,150 km2. The total Indicated and Inferred Mineral Resource for the Mt Fisher - Mt Eureka Gold Project is 3.5Mt @ 1.65g/t Au for 187koz of contained gold. The Company confirms that it is not aware of any new information or data that materially affects the information included in this announcement and all material assumptions and technical parameters underpinning the Mineral Resource Estimate included in this announcement continue to apply and have not materially changed. Mt Eureka Project: The Project is located within the Dingo Range - Mt Eureka greenstone belt, approximately 45km east of and parallel to the Yandal Belt. The north-trending Archaean greenstone belt hosts predominantly mafic and ultramafic volcanics, and meta-sediments with mafic and ultramafic assemblages through the central and eastern parts of the tenement holding, with minor inter-bedded cherts. The greenstone belt is flanked by granitic/gneissic bodies to the west and east. The Mt Eureka greenstones occur as a sequence of tightly folded north-trending mafic and ultramafic units; shearing appears to have off-set the fold axes in several places. Northerly and north-northeast trending shears occur within the belt and are continuous over considerable strike lengths. Later northwest and northeast trending, dextral, strike-slip faulting has occurred between the major shear zones. Within the project area, exposures of unweathered Archaean bedrock are sparse. Much of the area is covered with ferruginous float and lag on a veneer of soil and hardpan, overlying transported colluvium and alluvium, that is overlying an erosional lateritic profile. There is a well-developed regolith profile throughout the project area. Outcrop of ultramafic rocks is limited to rare and sub-cropping occurrences of weathered talc-chlorite schist. Southern and Galway: The Galway-Southern gold system is controlled by stratigraphic N-S contacts, NE and NW faults and a set of felsic intrusives. Gold mineralisation is related to both supergene zones and high-moderate angle, sheared contacts of felsic volcaniclastics/intrusives with mafics/ultramafics. Highlights from drilling at the Southern and Galway prospects include 3m @ 0.95g/t Au from 37m, and 13m @ 6.81g/t Au from 45m including 1m @ 31.25g/t Au and, 4m @ 2.59g/t Au from 67m (MFRC075); 7m @ 0.96g/t Au from 85m and, 9m @ 6.20g/t Au from 98m and, 15m @ 0.67g/t Au from 126m (MERC075); 9m @ 1.95g/t Au from 46m and, 15m @ 1.28g/t Au from 62m (MERC062); 13m @ 2.20g/t Au from 38m (MEAC130); 8m @ 10.62g/t Au from 54m including 1m @ 80.54g/t Au (MEAC14); 4m @ 5.28g/t Au from 50m including 1m @ 11.50g/t Au and, 16m @ 4.41g/t Au from 109m including 1m @ 52.73g/t Au (MERC074). Mt Eureka: Gold mineralisation is related to quartz veining and shearing in mafics associated with the granite-greenstone contact. Primary gold mineralisation strikes north-northeast, dips east and plunges moderately south. Significant additional potential exists at depth down the plunging high-grade shoot. The Eureka project has only limited drilling with the gold results summarised. 11m @ 2.34g/t Au from 68m, including 1m @ 6.41g/t Au from 73m (MERC055); 2m @ 5.18g/t Au from 6m and, 3m @ 1.57g/t Au from 24m and, 2m @ 1.29g/t Au from 32m (MFRC073); 10m @ 0.39g/t Au from 67m and, 18m @ 0.89g/t Au from 97m (MERC079); 4m @ 2.96g/t Au from 29m (YRB175); 24m @ 0.51g/t Au from 12m (YRC07) HTM plan to test the interpreted shear zone associated with the granite-greenstone contact along the Eureka gold trend to develop additional new greenfield targets. Board Change • Jan 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). Non-Executive Chairman Charles Thomas is the most experienced director on the board, commencing their role in 2022. 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 • Jan 08
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 Chairman Charles Thomas is the most experienced director on the board, commencing their role in 2022. 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 16
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 Chairman Charles Thomas is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. New Risk • Sep 27
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$1.5m 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$1.5m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$100k revenue, or US$69k). Market cap is less than US$10m (AU$4.76m market cap, or US$3.28m). 공지 • Sep 20
High-Tech Metals Limited, Annual General Meeting, Nov 14, 2024 High-Tech Metals Limited, Annual General Meeting, Nov 14, 2024. Board Change • Apr 02
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. 3 non-independent directors. Company Secretary & Non-Executive Director Quinton Meyers 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. New Risk • Mar 12
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$1.3m 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$1.3m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$53k revenue, or US$35k). Market cap is less than US$10m (AU$3.94m market cap, or US$2.61m). Minor Risk Less than 3 years of financial data is available. Board Change • Mar 11
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. 3 non-independent directors. Company Secretary & Non-Executive Director Quinton Meyers 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. Board Change • Feb 19
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. 3 non-independent directors. Company Secretary & Non-Executive Director Quinton Meyers 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. Board Change • Nov 10
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. 3 non-independent directors. Company Secretary & Director Quinton Meyers 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. 공지 • Nov 01
High-Tech Metals Limited Announces Board Change High-Tech Metals Limited announced that Annual General Meeting of shareholders held on 30 October 2023 the company announced re-election of Director - Mr. Mitchell Smith was not carried. High-Tech's Company Secretary, Mr. Quinton Meyers, has been appointed to the Board of High-Tech as a casual vacancy. Board Change • Oct 25
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 Director Mitchell Smith 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. 공지 • Sep 09
High-Tech Metals Limited, Annual General Meeting, Oct 30, 2023 High-Tech Metals Limited, Annual General Meeting, Oct 30, 2023. Agenda: To consider the re-election and appointment of directors. Recent Insider Transactions • Feb 01
Insider recently bought AU$478k worth of stock On the 23rd of January, Patric Glovac bought around 4m shares on-market at roughly AU$0.13 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$496k more in shares than they have sold in the last 12 months. Board Change • Jan 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. 2 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
