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 Director Vikram Kumar 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. Board Change • May 01
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 Vikram Kumar 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. Aankondiging • Apr 15
Mamba Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million. Mamba Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 89,333,333
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Aankondiging • Feb 02
Mamba Exploration Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. Mamba Exploration Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 89,333,333
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Transaction Features: Subsequent Direct Listing Aankondiging • Sep 30
Mamba Exploration Limited, Annual General Meeting, Nov 18, 2025 Mamba Exploration Limited, Annual General Meeting, Nov 18, 2025. Aankondiging • Apr 02
Mamba Exploration Limited Announces Change of Company Secretary Mamba Exploration Limited announced the appointment of Mr. James Bahen and Ms Kristi Bryson as Joint Company Secretaries of Mamba effective 2 April 2025, replacing Ms Amanda Burgess following her resignation. Aankondiging • Feb 21
Mamba Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 0.265 million. Mamba Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 0.265 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,083,334
Price\Range: AUD 0.012
Transaction Features: Subsequent Direct Listing Aankondiging • Feb 19
Mamba Exploration Limited has filed a Follow-on Equity Offering in the amount of AUD 0.265 million. Mamba Exploration Limited has filed a Follow-on Equity Offering in the amount of AUD 0.265 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,083,334
Price\Range: AUD 0.012
Transaction Features: Subsequent Direct Listing Aankondiging • Dec 09
Mamba Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million. Mamba Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 46,875,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 38,125,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Subsequent Direct Listing Aankondiging • Sep 30
Mamba Exploration Limited, Annual General Meeting, Nov 27, 2024 Mamba Exploration Limited, Annual General Meeting, Nov 27, 2024. New Risk • Sep 28
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$2.5m 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$2.5m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (208% increase in shares outstanding). Revenue is less than US$1m (AU$55k revenue, or US$38k). Market cap is less than US$10m (AU$2.26m market cap, or US$1.56m). Aankondiging • Sep 06
Mamba Exploration Limited Announces Board Changes Mamba Exploration Limited announced the appointment of Mr. Vikram Kumar as a Non-Executive Director, effective immediately. The Company also acknowledges the retirement of Founding Non-Executive Chairman Mr. Justin Boylson after many years of distinguished service. Mr. Boylson has stated that his decision is driven by his focus on other corporate responsibilities and current executive roles. Ms. Felicity Repacholi will assume the role of Non-Executive Chair of the Company. New Risk • Jun 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (202% increase in shares outstanding). Revenue is less than US$1m (AU$46k revenue, or US$30k). Market cap is less than US$10m (AU$3.13m market cap, or US$2.08m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). New Risk • Feb 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 202% 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 (202% increase in shares outstanding). Revenue is less than US$1m (AU$37k revenue, or US$24k). Market cap is less than US$10m (AU$8.10m market cap, or US$5.26m). Aankondiging • Feb 08
Mamba Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Mamba Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 120,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Jan 30
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 Justin Boylson 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. Board Change • Jan 17
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 Justin Boylson 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. New Risk • Jan 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.1% 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 Shares are highly illiquid. Shares are highly illiquid. Revenue is less than US$1m (AU$37k revenue, or US$25k). Revenue is less than US$1m (AU$37k revenue, or US$25k). Market cap is less than US$10m (AU$2.63m market cap, or US$1.76m). Market cap is less than US$10m (AU$2.63m market cap, or US$1.76m). Minor Risk Shareholders have been diluted in the past year (5.1% increase in shares outstanding). Aankondiging • Dec 28
Mamba Exploration Limited has filed a Follow-on Equity Offering in the amount of AUD 2.75 million. Mamba Exploration Limited has filed a Follow-on Equity Offering in the amount of AUD 2.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 110,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Aankondiging • Sep 30
Mamba Exploration Limited, Annual General Meeting, Nov 29, 2023 Mamba Exploration Limited, Annual General Meeting, Nov 29, 2023. Agenda: To consider the election of Directors. New Risk • Sep 30
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$2.6m 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$2.6m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$37k revenue, or US$24k). Market cap is less than US$10m (AU$2.87m market cap, or US$1.84m). Board Change • Sep 27
High number of new directors Non-Executive Director Felicity Repacholi-Muir was the last director to join the board, commencing their role in 2023. Board Change • Aug 01
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 Justin Boylson is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 22
Mamba Exploration Limited Appoints Ms Felicity Repacholi-Muir as Non-Executive Director Effective Immediately Mamba Exploration Limited announced that Ms Felicity Repacholi-Muir has been appointed as Non-Executive Director effective immediately. This appointment follows the departure of Michael Dunbar who resigned as a memberof the Board of Directors on 20 July 2023. Ms Repacholi-Muir is a professional geologist (BSc, Geol & Soil Sc) and brings extensive experience in mineral exploration and resource development to the Company, having worked with several public and private companies across a 20-year career. Felicity brings significant management experience and is currently Managing Director of Recharge Metals Limite and Non-Executive Director of Widgie Nickel Ltd. Board Change • Jun 30
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 Justin Boylson is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jun 08
Mamba Exploration Limited Announces Resignation of Michael Dunbar as Chief Executive Officer Mamba Exploration Limited advised that Michael Dunbar has resigned as the Chief Executive Officer (CEO) of Mamba Exploration Limited to pursue other opportunities within the mineral exploration and development industry. To ensure that the Company continues to comply with its constitution, Mike has agreed to continue to act as a director until a suitable replacement can be recruited. Additionally, Mike has agreed to continue to act as CEO until a time mutually agreed with the Board to allow a replacement to be recruited.