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. Non-Executive Director Lachlan Kenna 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. Board Change • May 01
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 Piers Lewis 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. Aankondiging • May 01
First Au Limited, Annual General Meeting, May 29, 2026 First Au Limited, Annual General Meeting, May 29, 2026. Location: at suite 1, 295 rokeby road, subiaco wa 6008 Australia Aankondiging • Feb 02
First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 5.6 million. First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 5.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 500,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Daniel Raihani is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 18
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Daniel Raihani is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Aug 15
First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 1.55572 million. First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 1.55572 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,298,000
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 440,193,430
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Transaction Features: Subsequent Direct Listing Aankondiging • Jul 18
First Au Limited Announces Resignation of Quentin Charaud as an Executive Director First Au Limited announced the resignation of Mr. Quentin Charaud as an Executive Director. Aankondiging • Jun 27
First Au Limited, Annual General Meeting, Jul 30, 2025 First Au Limited, Annual General Meeting, Jul 30, 2025. Location: at the boardroom (servcorp), level 35, international tower one, 100 barangaroo avenue, sydney nsw 2000 Australia Aankondiging • Jun 18
First Au Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million. First Au Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,298,000
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 424,273,429
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Transaction Features: Subsequent Direct Listing Aankondiging • Apr 14
First Au Limited (ASX:FAU) agreed to acquire remaining 20% stake in Victorian Goldfields Pty Ltd from GL England Pty Ltd, Mylonite Pty Ltd and Terranora Limited and Quinton Geoffrey Hills for AUD 0.15 million. First Au Limited (ASX:FAU) agreed to acquire remaining 20% stake in Victorian Goldfields Pty Ltd from GL England Pty Ltd, Mylonite Pty Ltd and Terranora Limited and Quinton Geoffrey Hills for AUD 0.15 million on April 14, 2025. A cash consideration of AUD 0.15 million will be paid by First Au Limited. As part of consideration, AUD 0.15 million is paid towards common equity of Victorian Goldfields Pty Ltd. Upon completion, First Au Limited will own 100% stake in Victorian Goldfields Pty Ltd. Aankondiging • Nov 06
First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.325 million. First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.325 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 260,000,000
Price\Range: AUD 0.00125
Discount Per Security: AUD 0.000075
Transaction Features: Subsequent Direct Listing Aankondiging • Jul 26
First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million. First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 150,000,000
Price\Range: AUD 0.002
Transaction Features: Subsequent Direct Listing Aankondiging • Apr 09
First Au Limited, Annual General Meeting, May 16, 2024 First Au Limited, Annual General Meeting, May 16, 2024. Agenda: To consider election of Directors. Reported Earnings • Mar 30
Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.005 loss in FY 2022) Full year 2023 results: AU$0.001 loss per share (improved from AU$0.005 loss in FY 2022). Revenue: AU$223.2k (down 14% from FY 2022). Net loss: AU$1.84m (loss narrowed 51% from FY 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. New Risk • Mar 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Shares are highly illiquid. Earnings have declined by 4.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m (AU$563k revenue, or US$367k). Market cap is less than US$10m (AU$3.32m market cap, or US$2.17m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Aankondiging • Mar 21
First Au Limited Announces Appointment of Xavier Braud as Non-Executive Director First Au Limited announced the appointment of Mr. Xavier Braud as Non-Executive Director of the Company. Mr. Braud is a geologist with over 20 years of professional experience that spans from field geology to mining finance and executive leadership. He is a former CEO of Benz Mining Corp, Non-Executive Director of Riversgold Ltd. and currently Non-Executive Director of Terrain Minerals Ltd. He possesses an excellent combination of corporate experience with a strong technical background in mineral exploration. Mr. Braud will add valuable experience and expertise to the existing Board and the Company is thrilled to attract a professional of his caliber. Aankondiging • Dec 02
First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million. First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 200,000,000
Price\Range: AUD 0.0015
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 29
First Au Limited Announces Change of Company Secretary First Au Limited announced the appointment of Mr. Brent Hofman as Company Secretary, effective 28 November 2023. Mr. Hofman has 20 years' experience in financial reporting and corporate management and has held the position of Company Secretary for several publicly listed entities in the natural resources industry. Mr. Hofman current holds Company Secretary and CFO positions for multiple exchange listed companies including, Axiom Mining Limited, Austar Gold Limited, Excelsior Capital Limited, Theta Gold Mines. The Board also announced the resignation of Mr. Paul Godfrey as Company Secretary. Recent Insider Transactions • Oct 07
Director recently bought AU$62k worth of stock On the 4th of October, Daniel Raihani bought around 20m shares on-market at roughly AU$0.0031 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$75k. Insiders have collectively bought AU$611k more in shares than they have sold in the last 12 months. Reported Earnings • Sep 15
First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in 1H 2022) First half 2023 results: AU$0.001 loss per share (improved from AU$0.003 loss in 1H 2022). Revenue: AU$302.6k (up AU$302.4k from 1H 2022). Net loss: AU$1.21m (loss narrowed 51% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. 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. New Risk • Sep 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). Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 4.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m (AU$563k revenue, or US$361k). Market cap is less than US$10m (AU$5.81m market cap, or US$3.73m). Recent Insider Transactions • Aug 12
Director recently bought AU$75k worth of stock On the 9th of August, Daniel Raihani bought around 25m shares on-market at roughly AU$0.003 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$552k more in shares than they have sold in the last 12 months. Aankondiging • Jun 14
Talisman Mining Limited (ASX:TLM) acquired Mabel Creek IOCG Project from First Au Limited (ASX:FAU). Talisman Mining Limited (ASX:TLM) agreed to acquire Mabel Creek IOCG Project from First Au Limited (ASX:FAU) for AUD 0.3 million on January 30, 2023. AUD 0.1 million will be paid on execution of agreement and within 5 business days of obtaining the necessary approval from the South Australian Department for Energy and Mining, AUD 0.1 million will be paid in cash and AUD 0.1 million in fully paid ordinary shares of Talisman. The transaction is subject to receiving SA Department for Energy and Mining approvals and obtaining necessary approvals, allowing land access for exploration with the Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC), the authorized representatives of the Antakirinja Matu-Yankunytjatjara People as the Native Title Claimants to the area. As of June 13, 2023, the final approval has been received from the South Australian Department for Energy and Mining for the acquisition. Talisman will now progress to commence negotiation of a Native Title Land Access Agreement (LAA) with the Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC), the authorized representatives of the Antakirinja Matu-Yankunytjatjara People as the Native Title Claimants to the area.Talisman Mining Limited (ASX:TLM)completed the acquisition of Mabel Creek IOCG Project from First Au Limited (ASX:FAU) on June 13, 2023. Aankondiging • May 31
First Au Limited Announces Executive Changes First Au Limited at the AGM, the shareholders approved the appointment of Daniel Raihani, Lei Shi and Christopher Eldridge as directors. The board also approved the removal of Damon P O'Meara and Michael J Quinert as Directors. Aankondiging • May 18
First Au Limited Receives Requisition Resolutions from 7 Enterprises Pty Ltd On May 16, 2023, First Au Limited announced that it has received requisitioned resolutions for the AGM from 7 Enterprises Pty Ltd to appoint Daniel Raihani and Lei Shi as a director and to vote against for the removal of Damon O’Meara and Michael Quinert as a director of the Company. Aankondiging • May 16
First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. First Au 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: 142,789,991
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 357,210,009
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Transaction Features: Subsequent Direct Listing Aankondiging • Feb 14
First Au Limited announced that it expects to receive AUD 1.5 million in funding First Au Limited announced that it has entered into a binding agreement for the issuance of 500,000,000 common shares at a price of AUD 0.003 per share for gross proceeds of AUD 1,500,000 on February 13, 2023. The transaction will include participation from professional and sophisticated investors. The transaction will take place in two tranches, 142,789,991 common shares in tranche one and 357,210,009 common shares in tranche two, subject to the approval of shareholders of the company. The issuance of options is also subject to shareholders' approval of the company. The company will issue one free-attaching option for every two shares issued for 250,000,000 options, exercisable eighteen months from the date of closing at an exercise price of AUD 0.012 per share. The company will pay finders' fee of AUD 30,000 in the transaction and non-refundable deposit of AUD 50,000. 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. CEO & Director Ryan Skeen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Dec 02
Insider recently sold AU$79k worth of stock On the 28th of November, Bryan Frost sold around 16m shares on-market at roughly AU$0.005 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$33k more than they bought in the last 12 months. Board Change • Nov 16
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. 1 highly experienced director. No independent directors (4 non-independent directors). Non-Executive Director Rick Revelins was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 28
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. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Director Rick Revelins was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 02
Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.008 loss in FY 2020) Full year 2021 results: AU$0.006 loss per share. Net loss: AU$3.88m (loss widened 63% from FY 2020). 