Aankondiging • Apr 08
Octava Minerals Limited (ASX:OCT) completed the acquisition of Byro Mining Pty Ltd. Octava Minerals Limited (ASX:OCT) signed a binding conditional agreement to acquire Byro Mining Pty Ltd for AUD 0.55 million on January 24, 2024. As part of the consideration, Octava Minerals Limited shall issue 8.51 in shares and 2 million in performance rights subject to the publication of a scoping study, or equivalent higher-level study on the Tenements. All Shares under the transaction are to be subject to mandatory ASX escrow. The transaction is subject to due diligence, Octava and Byro each obtaining all necessary board, shareholder and regulatory approvals. The transaction received approval from the shareholders of Octava Minerals Limited.
As of January 28, 2026 Octava Minerals Ltd. has agreed with the vendors to vary the terms of its Agreement for the acquisition of the Byro REE Project. (the Byro Agreement). Under the terms of the agreement the parties have agreed to extend 24 month sunset clause by which time the conditions precedent to 31 March 2026. The parties have agreed to issue Performance Rights instead of the granting of a right to 2,000,000 shares, with the Performance Rights having the same study publication milestone for conversion to shares.
Octava Minerals Limited (ASX:OCT) completed the acquisition of Byro Mining Pty Ltd on April 7, 2026. New Risk • Mar 16
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 18% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$1.9m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (82% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.55m market cap, or US$3.18m). New Risk • Mar 14
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$1.9m 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$1.9m free cash flow). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (82% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.55m market cap, or US$3.18m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). Aankondiging • Oct 28
Octava Minerals Limited, Annual General Meeting, Nov 26, 2025 Octava Minerals Limited, Annual General Meeting, Nov 26, 2025. Location: at level 5, 191 st georges terrace, perth wa Australia New Risk • Oct 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 87% 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 Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$6.88m market cap, or US$4.47m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). New Risk • Sep 29
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 Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$5.03m market cap, or US$3.31m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (18% average weekly change). New Risk • Aug 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 61% 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 Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$2.52m market cap, or US$1.63m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Aankondiging • Jul 25
Octava Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Octava Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,250,000
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,750,000
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Aankondiging • Dec 04
Global Lithium Resources Limited (ASX:GL1) acquired Talga Project from Octava Minerals Limited (ASX:OCT) for AUD 0.40 million. Global Lithium Resources Limited (ASX:GL1) acquired Talga Project from Octava Minerals Limited (ASX:OCT) for AUD 0.40 million on December 3, 2024. A cash consideration of AUD 0.2 million will be paid by Global Lithium Resources Limited. The consideration consists of common equity of Global Lithium Resources Limited having a value of AUD 0.2 million to be issued for assets of Talga Project. As part of consideration, AUD 0.4 million is paid towards assets of Talga Project.
Global Lithium Resources Limited (ASX:GL1) completed the acquisition of Talga Project from Octava Minerals Limited (ASX:OCT) on December 3, 2024. New Risk • Oct 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor 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 Share price has been highly volatile over the past 3 months (35% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$6.81m market cap, or US$4.50m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Aankondiging • Oct 08
Octava Minerals Limited, Annual General Meeting, Nov 27, 2024 Octava Minerals Limited, Annual General Meeting, Nov 27, 2024. Aankondiging • Oct 03
Octava Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.157158 million. Octava Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.157158 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,613,626
Price\Range: AUD 0.085
Discount Per Security: AUD 0.0051
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Sep 25
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$1.9m 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$1.9m free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.50m market cap, or US$3.10m). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Aankondiging • Oct 12
Octava Minerals Limited, Annual General Meeting, Nov 30, 2023 Octava Minerals Limited, Annual General Meeting, Nov 30, 2023. New Risk • Oct 05
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$2.3m 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$2.3m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (AU$3.79m market cap, or US$2.40m). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). New Risk • Sep 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor 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 No financial data reported. Market cap is less than US$10m (AU$3.65m market cap, or US$2.33m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Aankondiging • Sep 12
Octava Minerals Limited (ASX:OCT) entered into agreement to acquire 30% stake in Talga Project for AUD 0.3 million. Octava Minerals Limited (ASX:OCT) entered into agreement to acquire 30% stake in Talga Project for AUD 0.3 million on September 11, 2023. The consideration will be paid in - AUD 0.2 million cash, 1.2 ordinary shares and a net smelter royalty of 0.75%. The sale be completed within 5 business days. Aankondiging • Jun 28
Octava Minerals Limited Appoints Mr. Feiyu Qi as Non-Executive Director Octava Minerals Limited announced the appointment of Mr. Feiyu Qi as a Non-Executive Director. Mr. Qi is the current CEO of Fuyang New Energy Development Co. Ltd. Mr. Qi graduated from Shanghai University with a major in Project Management and has more than 20 years' experience in this field. He has provided professional business advice to a number of international companies including King Power Group (Hong Kong) and Luolai Home Textiles. Mr. Qi's broad range of relevant industry experience will add significant value to the Board of Octava. Fuyang New Energy Development Co. Ltd. is an investment enterprise specialising in development and processing of projects in the new energy sector. More specifically they are involved in the fields of photovoltaic systems, wind power, solar energy and lithium battery storage, including lithium processing and battery manufacturing in China. They are able to provide comprehensive solutions across the whole cycle of new energy development, such as research and development, investment, design, construction and operational management. Octava and Fuyang look forward to fully developing this strategic partnership together to grow the business, including in the areas of exploration, business development, potential offtake and project development support. Fuyang also have investments in Patagonia Lithium and Power Minerals (PNN) with both looking to develop lithium production projects both within Australia and Overseas. Aankondiging • Feb 16
Octava Minerals Limited Identifies the Presence of a New Lithium Prospect at Talga Octava Minerals Ltd. announced that field reconnaissance has identified the presence of a new lithium prospect at Talga, named Nimerry, located 3km to the east of the Pinnacle Well lithium prospect and ~10km northeast of the Archer Lithium Deposit (18Mt @ 1.0% Li2O). Multiple pegmatites have been identified at the Nimerry prospect which are hosted within greenstones close to the granite greenstone contact, which is an important target geology used in the discovery of lithium mineralised pegmatites in the Pilbara. These pegmatite outcrops varied in size, with the largest identified being approximately 30m in width and over 60m in length. Early indications are that Nimerry could be similar in size to Pinnacle Well which stands at 1.5km2. The pegmatites have been sampled and sent to the laboratory for analysis, with results expected by the end of February. The company has also received assay results of the initial soil sampling program (2001 samples) and rock chip sampling (39 samples) with results confirming the large 1.5 km lithium anomaly previously identified at Pinnacle Well using pXRF Li analysis of the soil samples. A significant number of assay results were in excess of 100ppm lithium with a maximum value of 203ppm lithium. Similar to the Pinnacle Well lithium prospect, where lithium mineralisation has been identified, Nimerry is also proximal to the Mooyella Monzogranite and other late-stage granite intrusions which are considered as the source intrusions to the lithium pegmatite mineralisation in the region. It also has similar proximity to the Moolyella Tin and Tantalum alluvial field. As announced on 10 November 2022, multiple pegmatite targets have been identified at Talga through remote sensing work, with a number of priority areas now being targeted with field evaluation. Multiple pegmatites have now been identified in the field at Pinnacle Well and Nimerry prospects. The Talga lithium project has ~20km of granite-greenstone contact zones which are prospective for LCT (lithium cesium tantalum) mineralisation with new targets being added. Octava is conducting a systematic exploration program to identify and prioritise targets for an extensive drill program to commence at the conclusion of the current wet season. With recent heavy rainfall, access to some of the lithium targets at Pinnacle Well and Nimerry was restricted. Field reconnaissance of these and other targets nearby will occur as soon as weather permits. Results for the samples that were collected are expected by the end of February. The large lithium anomaly at the Pinnacle Well prospect identified using pXRF analysis of the initial soil samples has now been confirmed through receipt of the laboratory results. A significant number of assay results were in excess of 100ppm lithium with a maximum value of 203ppm lithium. Considering the mobility of lithium in the weathered environment, these results are highly encouraging. Appendix 1 contains location and results of samples with Li>100ppm. The drilling program will test prospects defined by significant soil geochemistry anomalies coincident with favourable structures within targeted geology from field mapping. Next Steps The priority at Talga is advancing towards drill-ready status, which will include the following: Awaiting laboratory analysis of rock chips from Nimerry. Field reconnaissance to investigate pegmatite extents within greenstone east of Nimerry. Finalise locations of the inaugural exploration drilling program at Pinnacle Well and Nimerry prospects. Conduct exploration drill program to test priority lithium targets. Aankondiging • Nov 29
Octava Minerals Limited Identifies the Presence of Additional Pegmatite At the Pinnacle Well Lithium Prospect Octava Minerals Ltd. announced that field reconnaissance has identified the presence of additional pegmatite at the Pinnacle Well lithium prospect. Earlier mapping and pXRF analysis of soil samples identified a number of priority targets at Talga, including an extended area of elevated Li-index analysis results around and to the north of the Pinnacle Well prospect2. Inspection by company geologists has now identified an approximately 1.5km length pegmatite running east-west. This large pegmatite outcrop at Pinnacle Well, within the Talga project, is where lithium mineralisation was previously recorded1 and is located 10km to the north of the Archer Lithium Deposit (10.5Mt @ 1.0% Li2O, ASX:GL1). In addition, there were multiple newly identified pegmatites observed at Pinnacle Well which includes northwest striking pegmatite with visible lithium minerals. These pegmatites are considered by the Company as highly prospective and will be further investigated. Octava has recently completed the on-ground component of the Heritage Survey over the Pinnacle Well prospect in collaboration with the Nyamal people, with the final report pending. This critical work is to ensure the land is ready to move to drill testing stage. There has been no previous drilling for lithium at the Talga project. Lithium mineralisation has previously been recorded in pegmatite at the Pinnacle Well prospect at Talga, but much of the tenure remains effectively unexplored for lithium. Previous pXRF analysis of soil samples identified a large anomaly around and to the north of Pinnacle Well and a number of additional priority targets2. Laboratory analysis of these soil samples are pending, and it is anticipated will help focus further lithium exploration over the project. There has also been a number of north-west trending pegmatites observed at Pinnacle Well that appear to be part of much larger linear features identified from earlier remote sensing work. These linear features can be kilometres in length and are considered by the company to be highly prospective. Company geologists have undertaken field investigation and a number of rock samples have been collected for analysis with results anticipated to be received in the coming weeks. The Company is exploring for the albite - spodumene class of LCT (lithium cesium tantalum) rare metal pegmatite, similar to the nearby Archer lithium deposit and Pilgangoora and Wodgina lithium mines. The Company is also pleased to be working alongside the Nyamal people, the traditional owners at Talga, in completing Heritage Ground Surveys over the Pinnacle Well area to ensure the prospect is ready to move to exploration drilling. The Company has worked together with the Nyamal on previous heritage surveys and look forward to receiving the final report on this program. Aankondiging • Nov 10
Octava Minerals Limited Announces Lithium Targets Enhanced At Talga Lithium Project Octava Minerals Ltd. announced that pXRF lithium Index results of approximately 2,000 soil samples has identified a number of priority targets at the Talga Lithium Project, including a large anomaly at Pinnacle Well. A number of rock samples were also collected during project wide geological mapping at Talga. These samples include pegmatite. Both batches of samples have been submitted for laboratory analysis. The Talga Project is considered by the Company to be highly prospective for lithium mineralisation, hosted by rare metal Lithium-Caesium-Tantalum (LCT) type albite spodumene pegmatites. Lithium mineralisation has previously been recorded in pegmatite at the Pinnacle Well prospect at Talga, but much of the tenure remains effectively unexplored for lithium. A total of 2,000 soil samples have been submitted for laboratory analysis over the full multi element suite, including lithium. To help fast track exploration, the soil samples have been analysed by pXRF with results processed into a specialised Li-index developed by Portable Spectral Solutions. The pXRF results provide a proxy for lithium content via correlation with a suite of elements that are resolvable by pXRF and calibrated against certified reference materials. The pXRF lithium Index results for the soil samples and identify a large area of elevated results around, and to the north of the Pinnacle Well prospect. This area measures over 1.5km in length and width. A number of additional elevated Li-Index results are also identified within the broader Talga project area and are being followed up by field investigation. Large areas of the project remain untested by any lithium geochemistry. Rock samples were collected during detailed geological mapping carried at Talga out by specialist mapper John Crossing. These samples include pegmatite with the potential to host lithium mineralisation. Geological mapping has confirmed pegmatites within geology similar to that of the Archer lithium deposit (10.5Mt @ 1.0% Li2O ASX:GL1), located 10km to the southwest, enhancing project potential. The location of the rock samples, which shows a map of the sample locations, area geology and remote sensing targets. All of the rock samples collected during field mapping have been submitted for laboratory analysis. Octava is very encouraged by these pXRF Li-Index soil results, which are being followed up by field reconnaissance/mapping and rock chip sampling. As noted above, Octava has also submitted samples for laboratory analysis. The focus of the current work program is to identify high priority targets for drill testing. Next Steps at Talga: The priority at Talga is advancing towards a drill-ready status, which will include the following: Field reconnaissance /mapping and rock chip sampling of priority lithium targets; Follow up laboratory analysis; Heritage clearance of priority lithium drill targets; Exploration drill program to test priority lithium targets. Aankondiging • Oct 14
Octava Minerals Limited Announces Company Secretary Changes Octava Minerals Ltd. announced that Mark Pitts has been appointed as Company Secretary, effective immediately. Mark is a Chartered Accountant with over 30 years' experience in statutory reporting, business administration and corporate compliance. Having started his career with KPMG, Mark has worked at a senior management level in a variety of commercial and consulting roles. The majority of the past 20 years have been spent working for or providing services to publicly listed companies in the junior resources sector. He is a Director in the corporate advisory firm Endeavour Corporate and holds a Bachelor of Business Degree from Curtin University, is a graduate of the Australian Institute of Company Directors and is a Fellow of the Institute of Chartered Accountants Australia and New Zealand. David McBain has retired from the role of Company Secretary. The Board thanks David McBain for his service as Company Secretary since incorporation of the Company on 15 September 2020. Aankondiging • Oct 13
Octava Minerals Limited, Annual General Meeting, Nov 21, 2022 Octava Minerals Limited, Annual General Meeting, Nov 21, 2022, at 13:00 W. Australia Standard Time. Location: Vibe Hotel - 9 Alvan Street Subiaco WA 6008 WA Australia Agenda: To consider approve the adoption of the Remuneration Report, included in the Directors' Report, for the year ended 30 June 2022; to consider board changes; to consider amendment of constitution; and to consider other matters. Aankondiging • Sep 14
Octava Minerals Limited has completed an IPO in the amount of AUD 6 million. Octava Minerals Limited has completed an IPO in the amount of AUD 6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.012 