공고 • Jul 10
Chilwa Minerals Limited has filed a Follow-on Equity Offering in the amount of $5.75 million. Chilwa Minerals Limited has filed a Follow-on Equity Offering in the amount of $5.75 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock) Board Change • May 20
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. Non-Executive Independent Director Jose Martins was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Oct 24
Chilwa Minerals Limited has filed a Follow-on Equity Offering. Chilwa Minerals Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,063,001
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,708,527
Transaction Features: Subsequent Direct Listing 공고 • Oct 20
Chilwa Minerals Limited Announces Board Changes The Board of Chilwa Minerals Limited announced the following changes to its composition. Mr. Dennis Wilkins will resign from his role as Non-Executive Director but will continue to serve as Company Secretary. Mr. José Martins has been appointed to the Board of Directors to succeed Mr. Wilkins. Mr. Martins is a Chartered Accountant and formerly served as Chief Financial Officer of ASX listed Macmahon Holdings and Ausdrill (now Perenti). He has substantial experience with Africa-based resource companies and most recently as CFO of Alliance Mining Commodities Limited which held a mining concession for the development of the Koumbia Bauxite Project in the Republic of Guinea. José currently holds the positions of Chairman at Atlas Pearls and Non-Executive Director at GenusPlus. 공고 • Oct 02
Chilwa Minerals Limited, Annual General Meeting, Nov 27, 2025 Chilwa Minerals Limited, Annual General Meeting, Nov 27, 2025. 공고 • Aug 04
Chilwa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.152421 million. Chilwa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.152421 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,907,068
Price\Range: AUD 1.05
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 47,619
Price\Range: AUD 1.05
Transaction Features: Subsequent Direct Listing 공고 • Jan 16
Chilwa Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 6.236292 million. Chilwa Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 6.236292 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 325,581
Price\Range: AUD 0.86
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,287,070
Price\Range: AUD 0.86
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,638,851
Price\Range: AUD 0.86
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
No independent directors There are 4 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: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chair Alexander Shaw 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 • Oct 04
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$3.5m 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$3.5m free cash flow). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$62.3m market cap, or US$42.6m). New Risk • Sep 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Risk Revenue is less than US$1m (AU$1.5k revenue, or US$1.0k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (AU$63.0m market cap, or US$43.6m). 공고 • Sep 12
Chilwa Minerals Limited, Annual General Meeting, Nov 07, 2024 Chilwa Minerals Limited, Annual General Meeting, Nov 07, 2024. Board Change • May 08
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. 4 non-independent directors. Director & Company Secretary Dennis Wilkins 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 • Apr 08
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. 4 non-independent directors. Director & Company Secretary Dennis Wilkins 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 • Jan 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. 4 non-independent directors. Director & Company Secretary Dennis Wilkins 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.