New Risk • Jul 01
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$5.0m 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$5.0m free cash flow). Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$10.0m net loss in 2 years). Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (AU$34.6m market cap, or US$23.9m). Announcement • Jun 12
Podium Minerals Limited Announces Company Secretary Changes, Effective June 12, 2026 Podium Minerals Limited announced the appointment of Mrs. Suzie Foreman as Company Secretary, effective June 12, 2026. A Chartered Accountant and Governance Professional with over 25 years of experience, Suzie specialises in the provision of corporate advisory, financial and governance services to ASX listed entities. Suzie has a wide range of financial, operational, commercial and Board experience gained working with leadership teams from start-up enterprises to top ASX 300 companies. Suzie acts as Company Secretary to a number of ASX listed companies across a range of industries including exploration, mining, manufacturing and technology. The company announced the resignation of Mr. Christopher Edwards as Company Secretary, effective June 12, 2026. Recent Insider Transactions • May 17
Non-Executive Chairman recently bought AU$131k worth of stock On the 12th of May, Neal Froneman bought around 2m shares on-market at roughly AU$0.053 per share. This transaction amounted to 62% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$219k. Neal has been a buyer over the last 12 months, purchasing a net total of AU$350k worth in shares.