Board Change • May 20
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. Director Stephen Wetherall was the last director to join the board, commencing their role in 2026. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • May 04
Connected Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.5 million. Connected Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,272,727
Price\Range: AUD 0.165
Discount Per Security: AUD 0.0099
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
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 Barend Morkel was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Oct 10
Connected Minerals Limited, Annual General Meeting, Nov 19, 2025 Connected Minerals Limited, Annual General Meeting, Nov 19, 2025. Location: at level 24, 44 st georges terrace, wa 6000, perth Australia 공시 • Apr 07
Connected Minerals Limited Commences Its Maiden Reverse Circulation (Rc) Reconnaissance Drilling Programme At the Etango North-East Project in Namibia Connected Minerals Limited advised it has commenced its maiden Reverse Circulation (RC) reconnaissance drilling programme at the Etango North-East Uranium Project in Namibia. The Company recently appointed well-established Namibian drilling contractor, Hammerstein Drilling, to undertake drilling programmes at the Etango North- East (EPL 6933) and Swakopmund (EPL 9162) Projects in Namibia. Drilling has commenced in April on schedule. The programme will comprise 36 RC holes for 3,050m, with 2,600m at Etango North-East and 450m at Swakopmund. Drilling will initially focus on the Etango North-East Project where high priority-targets have been identified following high-grade results from a rock-chip sampling programme completed in December 2024. Following further detailed work in the field, Connected recently expanded its previously proposed drilling programme at Etango North-East. Drilling will then shift to the Swakopmund Project where the focus will be on targets identified by Connected Minerals following a recent horizontal-loop electromagnetic ("HLEM") survey. Based in Swakopmund, Hammerstein Drilling is a highly experienced contractor which has led RC drilling programmes for mining exploration companies in Namibia, Angola and internationally. Connected Minerals has secured all of the permits it requires to commence the drilling programme. New Risk • Oct 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 204% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (204% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.90m market cap, or US$6.49m). Board Change • Oct 28
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. 3 non-independent directors. Independent Non-Executive Director Barend Morkel was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Oct 25
Connected IO Limited (ASX:CIO) acquired 100% stake in Namibia U308 Pty Ltd from the shareholders for AUD 4.6 million. Connected IO Limited (ASX:CIO) entered into a share sale agreement to acquire 100% stake in Namibia U308 Pty Ltd from the shareholders for AUD 4.6 million on June 26, 2024. A cash consideration of AUD 0.1 million will be paid by Connected IO Limited. The consideration consists of 7.5 million common equity of Connected IO Limited to be issued for common equity and 15 million performance rights convertible shares of Connected IO Limited to be issued. the Company will issue 15 million Performance Rights to the Namibia U308 Vendors as part of the consideration for the acquisition of Namibia U308 as follows: (a) 2,500,000 Class A Performance Rights; (b) 2,500,000 Class B Performance Rights; (c) 2,500,000 Class C Performance Rights; and (d) 7,500,000 Class D Performance Rights. Namibia U308 holds 80% legal and beneficial interest in 1 granted exclusive prospecting licence (EPL) (being EPL 6933) and 3 EPL applications (being EPL 9162, EPL 9576 and EPL 9705) located in Namibia (Namibian Projects), which are considered to be prospective for uranium. Completion of the NU308 Agreement is subject to the satisfaction (or any permitted waiver) of certain conditions, including, the company raising a minimum of AUD 4 million (before costs) under the Capital Raisings, the company completing its due diligence, the company obtaining all necessary shareholder approvals required by the Corporations Act and the Listing Rules, Completion will take place 5 business days after satisfaction (or waiver) of the conditions (or such other date agreed by the parties). The NU308 Agreement contains customary termination rights, including due to the failure of a condition.
Connected IO Limited (ASX:CIO) completed the acquisition of 100% stake in Namibia U308 Pty Ltd from the shareholders on October 23, 2024. 공시 • Oct 22
Connected Minerals Limited, Annual General Meeting, Nov 26, 2024 Connected Minerals Limited, Annual General Meeting, Nov 26, 2024. Location: at level 24, 44 st georges terrace, perth, wa 6000 Australia 