Announcement • Jul 22
Sunrise Energy Metals Limited Announces CFO Changes Sunrise Energy Metals Limited had appointed Mr. John Mullumby as Chief Financial Officer, effective August 24, 2026. Mr. Mullumby replaced Trevor Eton who had served as CFO since September 2024. Mr. Mullumby is a highly experienced finance and commercial executive with more than 25 years’ experience across the resources sector, professional services and corporate advisory. He most recently served as CFO of Gold Road Resources Limited until the completion of its acquisition by Gold Fields Limited. Prior to joining Gold Road Resources, Mr. Mullumby spent more than seven years with Newcrest Mining Limited in a range of senior commercial and operational leadership roles, both in its Melbourne Head Office and at the long life Lihir Gold Mine in Papua New Guinea. Prior to Newcrest, he worked for international industrial and critical minerals producer, Nyrstar, in the United States and Switzerland, where he held senior development and finance roles. Earlier in his career, Mr. Mullumby spent more than 10 years with Deloitte in Australia and the United Kingdom, where he worked across corporate finance, transaction services, post-merger integration, bid defence, initial public offerings, due diligence, restructuring and strategic cost-reduction programs. Mr. Mullumby is a qualified Australian Chartered Accountant and holds a Bachelor of Commerce in Accounting and Finance from the University of Melbourne. Recent Insider Transactions Derivative • Jul 18
MD, CEO & Executive Director exercised options to buy AU$852k worth of stock. On the 15th of July, Sam Riggall exercised options to buy 59k shares at a strike price of around AU$4.25, costing a total of AU$250k. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. Sam currently holds 2.61m shares (0.016795867227225102 of the company). Company insiders have collectively bought AU$8.2m more than they sold, via options and on-market transactions, in the last 12 months. Live News • Jul 16
Sunrise Energy Metals Sunrise Project Draws Attention With Scandium and Cobalt Supply Potential Sunrise Energy Metals highlighted the scale of its Sunrise project in New South Wales, describing it as one of the world’s largest scandium deposits. A feasibility study is due by March 2026 and targets about 60 tonnes per year of scandium oxide under a multi-decade mine plan. The company also confirmed that Lockheed Martin holds an option over early scandium oxide output.
The company also outlined that Sunrise hosts one of the largest cobalt resources outside the Democratic Republic of Congo, framing it as a potential non-DRC source of cobalt as demand for electric vehicle battery materials evolves.
Sunrise Energy Metals shares last traded at A$16.94, with the stock up 115.8% year to date, and recent news has coincided with renewed investor interest in its critical minerals exposure.
The combination of a long-life scandium plan, a Lockheed Martin option and significant cobalt resources concentrates attention on execution risk, particularly around funding, timelines and eventual offtake terms. 
