Announcement • 1h
ACDC Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.9365 million. ACDC Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.9365 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,730,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • May 01
ACDC Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.9365 million. ACDC Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.9365 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,730,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Apr 30
ACDC Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.561013 million. ACDC Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.561013 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,220,252
Price\Range: AUD 0.05
Security Features: Attached Options
Transaction Features: Rights Offering New Risk • Nov 26
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 19% 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 (19% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.50m market cap, or US$2.91m). 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$1.5m 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$1.5m free cash flow). Revenue is less than US$1m (AU$344k revenue, or US$225k). Market cap is less than US$10m (AU$4.49m market cap, or US$2.93m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). Announcement • Sep 06
ACDC Metals Limited, Annual General Meeting, Nov 25, 2025 ACDC Metals Limited, Annual General Meeting, Nov 25, 2025. Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Ivan Fairhall was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Mar 06
ACDC Metals Limited Announces Change of Company Secretary ACDC Metals Limited advised that Andrew Draffin has resigned as Company Secretary effective 6 March 2025. The Company has appointed Adrien Wing as Company Secretary with immediate effect. Mr. Wing is a Certified Practicing Accountant. He began his professional career practicing in the audit and corporate advisory division of a chartered accounting firm before moving to assist a number of public companies listed on the ASX as corporate consultant and company secretary. Announcement • Sep 27
ACDC Metals Limited, Annual General Meeting, Nov 19, 2024 ACDC Metals Limited, Annual General Meeting, Nov 19, 2024. New Risk • May 23
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 17% 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 (17% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.41m market cap, or US$2.93m). Minor Risk Less than 3 years of financial data is available. New Risk • Mar 07
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 14% 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 Revenue is less than US$1m. Market cap is less than US$10m (AU$3.85m market cap, or US$2.54m). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Jan 19
ACDC Metals Limited Announces Change of Company Secretary ACDC Metals Limited advised that Tamara Barr has resigned as Company Secretary effective 19 January 2024. The Company has appointed Andrew Draffin as Company Secretary with immediate effect. Andrew is a Chartered Accountant with a strong focus on financial reporting, treasury management, management accounting and corporate advisory services. Andrew provides these services to both publicly listed and private companies. Announcement • Sep 26
ACDC Metals Limited, Annual General Meeting, Nov 21, 2023 ACDC Metals Limited, Annual General Meeting, Nov 21, 2023, at 11:00 E. Australia Standard Time. Announcement • May 05
ACDC Metals Limited to Commence Discovery Drilling for Rare Earth Elements and Mineral Sands at Douglas Project in Western Victoria ACDC Metals Limited announced that aircore drilling across the Company's heavy mineral sand ("HMS") and rare earth element ("REE") projects in western Victoria, Australia is well progressed, with first pass roadside drilling at both Watchem and Goschen Central completed. In addition, a program of closer spaced in-fill drilling at Goschen Central is also now complete, with roadside drilling now commenced at Douglas Project. Since listing in late January, the Company has completed more than 10,000m of drilling across all projects and is now well advanced on the exploration programs as outlined in the prospectus, in preparation for ACDC Metals maiden resource. At the Douglas Project, 81 aircore holes (approximately 4,050 metres) are planned, with drilling commencing on May 2023. The program is designed to validate the location and style of mineralisation identified in historical drilling. Drilling will be undertaken on roadside verges at nominally 250m spacing. When high grades are visually logged, tighter drill spacing will be implemented at 100m. Following the successful campaign of in-fill drilling at the Goschen Central project, samples from the completed 64 holes have been packaged and shipped to Perth. Announcement • Feb 14
ACDC Metals Limited to Commence Drill Program & Metallurgical Testwork ACDC Metals Limited announced the commencement of an extensive aircore drilling program across the Company's heavy mineral sand (‘HMS’) and rare earth element (‘REE’) projects in western Victoria, Australia. The program is designed to confirm and infill prior drilling, with the aim of enabling calculation of JORC compliant resources during the second half of 2023; and deliver sample for metallurgical testwork and testing of rare earth element extraction utilising Medallion Resources Ltd. (‘Medallion’) proprietary technology that ACDC holds exclusive Licensing to in eastern Australia. In December 2022, ACDC Metals engaged Wallis Drilling Pty Ltd. to complete an initial aircore drilling program of approximately 1,000 metres at the Goschen Central project (EL5278). Drilling was completed on roadside verges at nominally 800m spacing. Samples are currently being prepared for assaying with results anticipated post commencement of the February drilling program. ACDC Metals have engaged Wallis Drilling Pty Ltd. to complete a large aircore drilling program of approximately 13,000 metres, with 300 holes across the Company's three HMS/REE exploration projects. Drilling will commence imminently and is anticipated to be completed during Second Quarter 2023. The drilling will be conducted initially on council road verges and is low impact in nature, utilising existing access. Existing data from drilling completed predominantly in the 1990's provide a high level of confidence in the targeting process. Drilling will test all three of ACDC Metals projects (Goschen Central, Watchem and Douglas) and will enable ACDC Metals to understand the distribution of HMS/REE mineralisation and to focus further programs. The proposed drilling program will result in approximately 100 holes drilled at each project and will provide material to enable further research on HMS processing, and allow for the production of a monazite concentrate for downstream testing of the Medallion Monazite Process (‘MMP’). ACDC Metals have engaged renowned mineral processing consultants Mineral Technologies in Carrara, Queensland, to complete characterisation testwork utilising samples from prior drilling at the Goschen Central HMS/REE project. This testwork is designed to better define the HMS mineral assemblage, and in particular provide critical data for the planning of monazite process testwork that is scheduled to commence after the current drilling program. 
