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. 2 non-independent directors. Independent Non-Executive Chairman Jerko Zuvela 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. 공시 • Apr 15
Ragusa Minerals Limited Announces Board Changes, Effective 13 April 2026 Ragusa Minerals Limited announced the appointment of Mr. Petar Tomasevic as a Non-Executive Director, effective 13 April 2026. Mr. Tomasevic is a capital markets professional with extensive experience in funding companies and projects internationally. A former Olympian, he brings a strong network of international investor and institutional relationships to the Company. Mr. Tomasevic is currently a Director of American Uranium Limited, an ASX-listed company with uranium assets in the United States, where his experience in North American resources markets is expected to be highly complementary to Ragusa's strategic focus and growth ambitions in USA. Mr. Tomasevic is a Director of Vert Capital, a reputable corporate advisory firm based in Perth, is an avid ambassador of the Fremantle Water Polo Club and holds a Master of Business Administration (MBA) from Edith Cowan University, specialising in project management. Following Mr. Tomasevic's appointment, Melanie Ross has advised her intention to resign as Non-Executive Director of the Company, effective 13 April 2026. Ms Ross will remain as Company Secretary. 공시 • Jan 29
Ragusa Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.6 million. Ragusa Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: AUD 0.03
Transaction Features: Subsequent Direct Listing 공시 • Jan 28
Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million. Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: AUD 0.03
Transaction Features: Subsequent Direct Listing Board Change • Dec 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Chairman Jerko Zuvela was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Oct 29
Ragusa Minerals Limited (ASX:RAS) signed a letter of intent to acquire 60.90% stake in Pegasus Tel, Inc. (OTCPK:PTEL) for $0.20 million. Ragusa Minerals Limited (ASX:RAS) signed a letter of intent to acquire 60.90% stake in Pegasus Tel, Inc. (OTCPK:PTEL) for $0.20 million on October 29, 2025. A cash consideration of $0.2 million will be paid by Ragusa Minerals Limited. As part of consideration, $0.2 million is paid towards common equity of Pegasus Tel, Inc. In a related transaction Pegasus will, in turn, acquire a 100% interest in the Purple Pansy Project from Red Beryl Mining Company and Steven Cyros.
The transaction is subject to approval by regulatory board, consummation of due diligence investigation and third party approval needed. Transaction completion is expected by late-December 2025. 공시 • Sep 11
Ragusa Minerals Limited, Annual General Meeting, Oct 30, 2025 Ragusa Minerals Limited, Annual General Meeting, Oct 30, 2025. 공시 • Aug 24
Ragusa Minerals Limited Auditor Raises 'Going Concern' Doubt Ragusa Minerals Limited filed its Annual on Aug 22, 2025 for the period ending Jun 30, 2025. In this report its auditor, CRITERION AUDIT PTY LTD, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Board Change • Aug 18
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Company Secretary & Non-Executive Director Melanie Ross was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Jun 28
Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.4272 million. Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.4272 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,600,000
Price\Range: AUD 0.012
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing 공시 • Jun 12
Ragusa Minerals Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 2.002 million. Ragusa Minerals Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 2.002 million.
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 13,650,000
Price\Range: AUD 0.022
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 77,350,000
Price\Range: AUD 0.022
Transaction Features: Subsequent Direct Listing 공시 • Mar 22
Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.002 million. Ragusa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.002 million.
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 13,650,000
Price\Range: AUD 0.022
Discount Per Security: AUD 0.00132
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 77,350,000
Price\Range: AUD 0.022
Discount Per Security: AUD 0.00132
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Company Secretary & Non-Executive Director Melanie Ross was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Oct 08
Ragusa Minerals Limited, Annual General Meeting, Nov 26, 2024 Ragusa Minerals Limited, Annual General Meeting, Nov 26, 2024. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (AU$2.14m market cap, or US$1.44m). New Risk • Sep 10
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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.8m free cash flow). Shares are highly illiquid. Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m (AU$22k revenue, or US$15k). Market cap is less than US$10m (AU$2.28m market cap, or US$1.52m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Board Change • Jan 05
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 Melanie Ross 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. 공시 • Oct 05
Ragusa Minerals Limited, Annual General Meeting, Nov 23, 2023 Ragusa Minerals Limited, Annual General Meeting, Nov 23, 2023. New Risk • Sep 20
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$2.2m 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$2.2m free cash flow). Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m (AU$20k revenue, or US$13k). Market cap is less than US$10m (AU$4.99m market cap, or US$3.24m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m (AU$8.9k revenue, or US$5.7k). Market cap is less than US$10m (AU$5.56m market cap, or US$3.58m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m (AU$8.9k revenue, or US$5.7k). Market cap is less than US$10m (AU$7.70m market cap, or US$4.99m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). 공시 • Feb 08
Ragusa Minerals Limited Provides NT Lithium Project Update Ragusa Minerals Limited announced that it has recently received data from a historic diamond drill-hole in the Tank Hill Prospect area containing a significant pegmatite intercept with logged spodumene and corresponding elevated lithium from laboratory assay results from the Company's NT Lithium Project located in the highly prospective Litchfield Pegmatite Belt in Northern Territory, approximately 120km south of Darwin. The diamond drill-hole (MDD004) was completed by May Drilling during 2019, with the assay and geological logging data only provided recently to Ragusa. The pegmatite drill-intercept starts and finishes well within the lithium depleted zone (top approximately 65m below surface), accounting for the anomalous Li2O grades intersected. Importantly, the Li2O grades correspond with the geological logging conducted, which describes much of the interval as containing spodumene and spatially with the surface outcrop containing abundant lepidolite (rock chip sample 140333)1. The surface expression of the pegmatite indicates an approximately 12m true thickness that is also supported by the downhole data. The Tank Hill Prospect contains at least two thick pegmatite outcrops approximately 63m apart and is one of the priority areas for planned drilling within the current approved mining management plan (MMP). This area was not accessible for drilling during the phase 1 drilling campaign in late-2022. The Company consider the Tank Hill Prospect area to be a high priority site for deeper drilling during the coming dry season. Planning is underway for additional exploration works to provide better information for drill-hole targeting, including deep ground penetrating radar. The Company is encouraged by this new information that is strongly supportive of the existence of spodumene mineralisation within the Project area and is looking forward to testing when access is possible. 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. 3 non-independent directors. Company Secretary & Non-Executive Director Melanie Ross 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. Board Change • Apr 27
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Olaf Frederickson is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Jan 15
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Olaf Frederickson is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.