Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Non-Executive Director of Production & Director Neville Bergin was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • May 01
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Non-Executive Director of Production & Director Neville Bergin was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Feb 14
Marmota Limited has completed a Follow-on Equity Offering in the amount of AUD 15 million. Marmota Limited has completed a Follow-on Equity Offering in the amount of AUD 15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 111,111,111
Price\Range: AUD 0.135
Discount Per Security: AUD 0.0081
Transaction Features: Subsequent Direct Listing Announcement • Feb 12
Marmota Limited has filed a Follow-on Equity Offering in the amount of AUD 15 million. Marmota Limited has filed a Follow-on Equity Offering in the amount of AUD 15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 111,111,111
Price\Range: AUD 0.135
Discount Per Security: AUD 0.0081
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Non-Executive Director of Production & Director Neville Bergin was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Sep 29
Marmota Limited, Annual General Meeting, Nov 18, 2025 Marmota Limited, Annual General Meeting, Nov 18, 2025. Location: perth Australia Board Change • Aug 18
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Non-Executive Director of Production & Director Neville Bergin was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • May 08
G4 Metals Pty Ltd entered into a formal binding heads of agreement to acquire West Melton copper tenement of Marmota Limited for AUD 1.5 million. G4 Metals Pty Ltd entered into a formal binding heads of agreement to acquire West Melton copper tenement of Marmota Limited for AUD 1.5 million on May 7, 2025. A cash consideration of AUD 5000 will be paid by G4 Metals Pty Ltd. The consideration consists of common equity of G4 Metals Pty Ltd having a value of AUD 1 million to be issued for West Melton copper tenement of Marmota Limited. G4 Metals Pty Ltd will pay an earnout/contingent payment of AUD 0.5 million common equity. As part of consideration, AUD 1.5 million is paid towards assets of West Melton copper tenement of Marmota Limited.
The transaction is subject to ministerial approval and consummation of initial public offering of G4 Metals Pty Ltd. Board Change • Feb 04
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Non-Executive Director of Production & Director Neville Bergin was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Feb 04
Marmota Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million. Marmota Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 90,909,091
Price\Range: AUD 0.055
Discount Per Security: AUD 0.0033
Transaction Features: Subsequent Direct Listing Board Change • Dec 31
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Non-Executive Director of Production & Director Neville Bergin was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Oct 02
Marmota Limited, Annual General Meeting, Nov 28, 2024 Marmota Limited, Annual General Meeting, Nov 28, 2024. New Risk • Sep 26
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$1.8m 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$1.8m free cash flow). Revenue is less than US$1m (AU$137k revenue, or US$94k). Minor Risks Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (AU$39.1m market cap, or US$26.8m). New Risk • Sep 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$968 revenue, or US$661). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (AU$38.6m market cap, or US$26.4m). New Risk • Jul 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% 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 Risk Revenue is less than US$1m (AU$968 revenue, or US$654). Minor Risks Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (AU$48.9m market cap, or US$33.0m). Announcement • Jun 26
Marmota Limited has filed a Follow-on Equity Offering in the amount of AUD 1.25 million. Marmota 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: 27,777,781
Price\Range: AUD 0.045 Announcement • Sep 28
Marmota Limited, Annual General Meeting, Nov 23, 2023 Marmota Limited, Annual General Meeting, Nov 23, 2023. Agenda: To consider the re-election of directors. New Risk • Sep 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$30.7m market cap, or US$19.6m). Announcement • Jan 24
Marmota Limited Commences Drilling at Aurora Tank Marmota Limited announced that 2023 drilling at Aurora Tank has commenced. Drilling is expected to continue throughout January and through most of February 2023. Board Change • Nov 17
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. Non-Executive Director of Production & Director Neville Bergin was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
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. Non-Executive Director of Production & Director Neville Bergin was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 09
Executive Chairman recently bought AU$93k worth of stock On the 7th of March, Colin Rose bought around 2m shares on-market at roughly AU$0.042 per share. This was the largest purchase by an insider in the last 3 months. Colin has been a buyer over the last 12 months, purchasing a net total of AU$226k worth in shares. Recent Insider Transactions • Jun 29
Executive Chairman recently bought AU$72k worth of stock On the 23rd of June, Colin Rose bought around 2m shares on-market at roughly AU$0.04 per share. This was the largest purchase by an insider in the last 3 months. Colin has been a buyer over the last 12 months, purchasing a net total of AU$161k worth in shares. Executive Departure • May 22
Executive Director of Exploration & Executive Director has left the company On the 11th of May, Kevin John Wills' tenure as Executive Director of Exploration & Executive Director ended after 3.9 years in the role. As of March 2021, Kevin John personally held only 930.06k shares (AU$26k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • May 19
Executive Director of Production & Executive Director has left the company On the 11th of May, Shane Barker's tenure as Executive Director of Production & Executive Director ended after 1.7 years in the role. As of December 2020, Shane personally held only 371.09k shares (AU$17k worth at the time). Shane is the only executive to leave the company over the last 12 months. 
