New Risk • 48m
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 22% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$11.9m market cap, or US$8.37m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). New Risk • May 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% 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 Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (AU$27.8m market cap, or US$19.8m). 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. 4 non-independent directors. Non-Executive Director Christine Nicolau was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 15
Hyterra Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.066883 million. Hyterra Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.066883 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 290,491,632
Price\Range: AUD 0.014
Transaction Features: Rights Offering 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. 4 non-independent directors. Non-Executive Director Christine Nicolau was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 23
Hyterra Ltd has filed a Follow-on Equity Offering in the amount of AUD 7.004373 million. Hyterra Ltd has filed a Follow-on Equity Offering in the amount of AUD 7.004373 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 500,312,338
Price\Range: AUD 0.014
Transaction Features: Rights Offering Announcement • Apr 08
Hyterra Ltd, Annual General Meeting, May 28, 2026 Hyterra Ltd, Annual General Meeting, May 28, 2026. Location: at steinepreis paganin, level 14, qv1/250 st georges terrace, perth wa 6000 Australia Board Change • Dec 24
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. 4 non-independent directors. Non-Executive Director Christine Nicolau was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 18
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. 4 non-independent directors. Non-Executive Director Christine Nicolau was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 10
Hyterra Ltd Announces Nemaha Exploration Operations Update Hyterra Ltd. has two firm wells in the drilling sequence for the Nemaha Project in Kansas, USA. This marks the first steps for the Company in executing a comprehensive 12-month exploration work program designed to unlock the potential of natural (white) hydrogen in Kansas through its 100% owned and operating subsidiary HYT Operating LLC. Murfin Drilling Company Inc. is on track to mobilise Rig 116 to the Sue Duroche 3 well location early next week, with spud expected days later. The Company will keep informing the market on the drilling lookahead next week due to the upcoming Australian Easter public holidays. Murfin Drilling Company Inc. is a 4th generation family-owned business with a long history of being one of the leading drilling companies in the Midwest now having drilled over 20,000 wells. Rig 116 is a hydraulic telescoping super single drilling rig. Rig 116 incorporates a 220k lbs single mast with a 600HP hydraulic top-drive. As previously announced the aerial gravity-magnetic survey was successfully completed by New Resolution Geophysics (NRG™?). The initial results are already supporting the Company's increased understanding of hydrogen and helium prospectivity for the Exploration Stage II drilling program. The final processed data will be available in the coming weeks. Announcement • Apr 08
Hyterra Ltd, Annual General Meeting, May 26, 2025 Hyterra Ltd, Annual General Meeting, May 26, 2025. Announcement • Mar 31
HyTerra Limited Announces Gas Composition Data from the Hoarty NE3 Well Within the Geneva Project in Nebraska, USA HyTerra Limited announced gas composition data from the Hoarty NE3 well within the Geneva Project in Nebraska, USA. The Company holds a 16% earn-in interest in the venture through its 100% owned subsidiary, Neutralysis Pty Ltd. The Company received gas composition data from Joint Development Agreement partner Natural Hydrogen Energy LLC in December 2024 and after independent review, HyTerra and NH2E reached a consensus that these analyses are valid in a joint meeting in March 2025. A total of seven Isotube gas samples were taken from the Hoarty NE3 well head by NH2E and analysed by Isotech Laboratories in Illinois from both the 2022 swabbing and 2023 electric submersible pump well testing programs. The gas analyses show H2 ranging from 0% to 44% and He ranging from 1.1% to 12.8%. The remaining bulk gas composition is mainly comprised of nitrogen, with lesser amounts of methane and negligible CO 2 and Oxygen. As these samples were taken at the well head, the Company cannot confirm the geological formations, rock types, and/or depths from which each of these gas samples are derived from. Further assessment or appraisal operations (e.g. a new testing program due to the failure of the ESP) would be required to understand the potential for commercial hydrogen and/or helium production from this well. Discussions will continue with NH2E on the path forward for this venture. Board Change • Feb 04
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. 4 non-independent directors. Director Christine Nicolau was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CTO & Executive Director Avon McIntyre is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Announcement • Dec 06
Hyterra Ltd has completed a Follow-on Equity Offering in the amount of AUD 21.9 million. Hyterra Ltd has completed a Follow-on Equity Offering in the amount of AUD 21.9 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 644,117,647
Price\Range: AUD 0.034
Transaction Features: Subsequent Direct Listing New Risk • Aug 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 25% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$50.7m market cap, or US$34.6m). New Risk • May 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 73% 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 Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (AU$28.1m market cap, or US$18.7m). Announcement • Mar 27
Hyterra Ltd, Annual General Meeting, May 24, 2024 Hyterra Ltd, Annual General Meeting, May 24, 2024. Location: Mirador Corporate Office Suite 11, Level 2 23 Railway Road Subiaco WA 6008 Subiaco Western Australia Australia Agenda: To consider the election of a Director; and to discuss other matters. Board Change • Mar 06
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. Executive Director Benjamin Mee was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 01
Hyterra Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.916 million. Hyterra Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.916 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 45,800,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Oct 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. Executive Director Benjamin Mee was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 28
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. Executive Director Benjamin Mee was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 31
Hyterra Ltd. Announces Resignation of Mr. Paul Garner as Non-Executive Director HyTerra Ltd. announced that Non-Executive Director, Mr. Paul Garner has tendered his resignation from the Company's Board, effective 31 May 2023. Paul joined the Board in September 2021 and had a leading role in executing the Company's reinstatement in 2022. He has continued to make a significant contribution and accordingly, the Board has exercised its discretion to determine that his Performance Rights will not be deemed to have been forfeited. The Board would like to express its sincere gratitude to Paul for his services and wishes him all the best in his future endeavours. Announcement • Feb 17
Hyterra Ltd Announces Resignation of Po Chan as Non-Executive Director HyTerra Ltd. advised that Mr. Po Chan will be resigning from the Company's Board with effect from the end of February 2023 to focus on other business interests. Mr. Chan was appointed to the Board in January 2021, having previously also served as a Director from February 2015 to February 2017. Announcement • Jan 24
HyTerra Ltd Provides an Operations Update on the Upcoming Well Flow Test at Project Geneva in Nebraska, USA HyTerra Ltd. provided an operations update on the upcoming well flow test at Project Geneva in Nebraska, USA. As announced in December, HyTerra and Natural Hydrogen Energy LLC (NH2E or the Operator) are finalising planning of the extended flow test of the Hoarty NE3 natural hydrogen exploration well. The test will measure hydrogen production potential and key parameters of gas composition, pressure, and flow rate. Testing operations are scheduled to commence in February, with service providers now preparing to mobilise the rig and supporting equipment to the wellsite. HyTerra will have a company representative on location during the entire operation and looks forward to providing further updates in February. 
