Announcement • Mar 09
South Harz Potash Limited has filed a Follow-on Equity Offering in the amount of AUD 1.25 million. South Harz Potash Limited has filed a Follow-on Equity Offering in the amount of AUD 1.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,333,334
Price\Range: AUD 0.03
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,333,333
Price\Range: AUD 0.03
Transaction Features: Subsequent Direct Listing New Risk • Feb 13
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 13% 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 Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (88% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$3.97m market cap, or US$2.80m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Announcement • Jan 14
South Harz Potash Limited Announces Board Changes South Harz Potash Limited has appointed Christian Barbier as a Non-Executive Director of the Company. Mr. Barbier brings more than 30 years' experience with leading resources and industrial multinational corporations, including board directorships with unlisted companies and senior management positions across Europe, Australia and Asia. His core expertise is in critical and industrial mineral supply chains covering strategy, technical marketing and business turnarounds, with focus on both growth and restructuring situations. Mr. Barbier currently manages CRB Resources, an advisory and consultancy firm he founded in 2015 that focuses on strategy, risk management, market approach and partnerships in the critical minerals sector, especially in the lithium and battery supply chain industry. Until 2024, Mr. Barbier was Chief Sales & Marketing Officer on the Executive team of Allkem Limited (now part of Rio Tinto (ASX: RIO)), a lithium miner and chemical producer. During his tenure, he led the company's sales and marketing strategy and played a key role in its expansion into one of the world's top five lithium producers. Under his leadership, Allkem was on track to triple capacity by 2026, prior to its merger with Livent into Arcadium Lithium in early 2026. Prior to that, Mr. Barbier spent almost five years with Iluka Resources (ASX: ILU), the world's leading zircon and rutile producer and an emerging player in rare earth minerals supply, including as Head of Sales & Marketing and an Executive Committee member reporting to the Chief Executive Officer and Board. South Harz Potash also advises that Non-Executive Director Dr Reinout Koopmans has stepped down from the Board of the Company with immediate effect. 
