Recent Insider Transactions • 14h
Executive Chairman recently bought AU$50k worth of stock On the 6th of May, Brian Rodan bought around 1m shares on-market at roughly AU$0.042 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Brian has been a buyer over the last 12 months, purchasing a net total of AU$69k worth in shares. New Risk • May 01
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 18% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.87m market cap, or US$6.41m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). New Risk • Mar 17
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$2.9m 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$2.9m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (AU$6.60m market cap, or US$4.69m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Announcement • Mar 05
Augustus Minerals Limited Announces Resignation of Darren Holden as Director, Effective February 28, 2026 Augustus Minerals Limited advises that Dr. Darren Holden has resigned as a director of the Company effective February 28, 2026. Dr. Holden has been involved with the Company since the IPO and has been instrumental in helping guide exploration strategies at the company’s projects. Board Change • Mar 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Director Richard Jordinson was the last director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jan 07
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 18% 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 (18% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.08m market cap, or US$6.12m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Announcement • Oct 21
Augustus Minerals Ltd, Annual General Meeting, Nov 18, 2025 Augustus Minerals Ltd, Annual General Meeting, Nov 18, 2025. Location: level 2, 41 ord street, wa 6005, west perth Australia Board Change • Jun 30
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. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Darren Holden 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: Insufficient board refreshment. Announcement • Jun 25
Augustus Minerals Ltd (ASX:AUG) completed the acquisition of ACM Contract Mining PNG Ltd from ACM International Pty Ltd for AUD 0.25 million. Augustus Minerals Ltd (ASX:AUG) entered into a binding share purchase agreement to acquire ACM Contract Mining PNG Ltd from ACM International Pty Ltd for AUD 0.25 million on May 9, 2025. A cash consideration of AUD 0.25 million will be paid by Augustus Minerals Ltd. As part of consideration, AUD 0.25 million is paid towards common equity of ACM Contract Mining PNG Ltd.
The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation and subject to shareholder approval.
Augustus Minerals Ltd (ASX:AUG) completed the acquisition of ACM Contract Mining PNG Ltd from ACM International Pty Ltd on June 25, 2025. The consideration under the share purchase agreement was funded from the Augustus Minerals Ltd’s existing working capital. Announcement • Apr 02
Augustus Minerals Ltd Announces High Grade Gold Mineralisation Continues At Music Well Augustus Minerals announced the results of rock chips collected from the Company's Music Well project located near Leonora, Western Australia. Andrew Ford, GM Exploration: "Clifton East has gone from an isolated gold vein discovery, to growing to a substantial target. With high grade gold exposed in numerous structures, stockwork mineralisation, cross- cutting veins and epithermal style silica veins over a 700 x 250m zone. These exciting developments provide an excellent focus for future drill programs as the Company moves to target intrusion related gold along strike from Northern Star's substantial Wonder North Development. The multiple mineralisation styles and hosts, in a 700m x 250m zone points Clifton East as having the potential to be a significant mineralised gold target. The identification of new prospects such as St Pat's North in the most recent field program continues to reinforce the importance of northwest trending structures in this area. Currently, Teutonic East, Midway, St Patrick's Well, St Pat's North and potentially Clifton East are all situated adjacent to these structures trending from existing gold deposits of Wonder and Celtic." Augustus Minerals Limited holds the exploration licenses and applications comprising the Music Well Gold Project ("Project") located 35km north of Leonora in the Leonora/Laverton Greenstone Belt of Western Australia. Music Well comprises ten exploration licences covering an area of 1,345km2, making the Project one of the largest exploration packages in the region. The outstanding gold endowment of the Leonora-Laverton District of >28M ounces 3 is illustrated by the numerous operating gold mines including the Darlot Gold Mine (12km to the north), the King of the Hills Mine (20km to the west), the Leonora Gold Camp (30km to the southwest), and the Thunderbox Gold Mine (20km to the west). The recent sampling and mapping have highlighted the importance of west-northwest and east-northeast regional structures that pass through the Music Well Project linking the Leonora-King of the Hills-Thunderbox greenstone belts to the eastern Mertondale-Mt Redcliffe belt (host of the Genesis Minerals Hub deposit). A regional structural interpretation based on magnetic data shows that the Clifton East and
Midway prospects lie near a prominent east-northeast trending structure, whilst the St Patrick's Well prospect and new St Pat's North prospect appear to be associated with west-northwest/north-northeast structural intersection. Similar structural trends link the gold mines of Wonder North/Wonder Deeps, Celtic and Great Western to structures to the Music Well Project in a WNW-ESE direction. The Music Well Project covers an area with minimal previous exploration. Recent work has enhanced the prospectivity of this area, with multiple intrusive phases identified, including mafic-type granitoids as well as greenstone (mafic/intermediate and sedimentary) units as probable rafts in the granitoids. Coherent trends in the far southeast of the project area have also been interpreted as likely greenstone lithologies. From mid to late February 2025 Augustus's geological team covered large portions of the
project area and collected 234 rock chips over existing, SensOre Targets and new prospects. The Clifton East target is in the northwestern portion of tenement E37/1447 and eastern part of ELA37/1572. Historic sampling returned rock chips to 20.2g/t Au (Chalice Gold Mines) and 7.86g/t Au (Fairstar Resources Limited) between 2010 and 2017. Since December 2024 Augustus Minerals has collected 89 rock chips both along strike from previous samples as well as from new, previously unsampled quartz veins. This included several samples with high grades, such as 50.3g/t Au (ARK000064), 9.73g/t Au (ARK000066), 29.8g/t Au (ARK000172), and 9.83g/t Au (ARK000178). The sampling has defined a 700m x 250m high grade zone (Figure 4) within a broader 800m anomalous gold trend. The highest grades were from crystalline quartz veins with trace to 1% pyrite or gossanous veinlets. The mineralisation has an Au-Ag-Mo-Te-Bi-W association (indicative of an intrusive fluid source). A zone of overprinting sericite-silica breccia to comb quartz/cockade texture (low temperature epithermal style) has been mapped in the central east of the prospect. Outcrop of bedrock in the area is uncommon, with exposure limited by a thin veneer of quartz vein scree. The vein system trends east-northeast with several north-northeast trending splays on the northern side. Veins are vertically dipping 10-40cm wide with finer thin stockworks seen in hematite altered granite between the larger veins. New Risk • Mar 14
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$4.8m 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$4.8m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$5.78m market cap, or US$3.63m). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Jan 17
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$8.33m market cap, or US$5.17m). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (25% increase in shares outstanding). Announcement • Nov 12
Augustus Minerals Ltd (ASX:AUG) completed the acquisition of Music Well Gold Project from MCA Nominees Pty Ltd. Augustus Minerals Ltd (ASX:AUG) executed a binding share purchase agreement to acquire Music Well Gold Project from MCA Nominees Pty Ltd for AUD 0.28 million on November 5, 2024. A cash consideration of AUD 0.28 million will be paid by Augustus Minerals Ltd. As part of consideration, AUD 0.28 million is paid towards assets of Music Well Gold Project. On the date of execution of the SPA, Augustus shall pay to MCA a deposit of AUD 75,000 in cash. At completion, Augustus agrees to pay to MCA a cash payment of AUD 200,000.
The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer shareholders, approval of offer by target shareholders, consummation of due diligence investigation and third party approval needed. The transaction is expected to complete on the date being three business days after the date that the conditions precedent are satisfied or such other date as agreed between Augustus Minerals Ltd and MCA Nominees Pty Ltd.
Augustus Minerals Ltd (ASX:AUG) completed the acquisition of Music Well Gold Project from MCA Nominees Pty Ltd on November 5, 2024. Announcement • Oct 25
Augustus Minerals Ltd, Annual General Meeting, Nov 28, 2024 Augustus Minerals Ltd, Annual General Meeting, Nov 28, 2024. Location: level 2, 41 ord street, west perth, wa 6005 Australia Announcement • Oct 24
Augustus Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.5 million. Augustus Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: AUD 0.05
Transaction Features: Subsequent Direct Listing New Risk • Aug 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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 No financial data reported. Share price has been highly volatile over the past 3 months (46% average weekly change). Market cap is less than US$10m (AU$8.48m market cap, or US$5.76m). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Announcement • Feb 23
Augustus Minerals Ltd Announces Resignation of Mr. Andrew Reid as Managing Director Augustus Minerals Ltd. announced the resignation of Mr. Andrew Reid as Managing Director of the Company to pursue other opportunities. Mr. Reid will remain in his role until 18 March 2024 and will continue to assist the Company with its ongoing projects and operations during this period. Mr. Reid's duties will be assumed, in the near term, by the General manager Exploration, Mr. Andrew Ford, the Executive Chairman, Mr. Brian Rodan and the rest of the technical team, and the board of directors. Mr. Ford has significant exploration experience and was previously General Manager of Exploration at Hastings Technology Metals which has built a significant rare earths resource in the Gascoyne region. In addition to his time at Hastings, Mr. Ford has more than 30 years' experience working in both Australia and overseas with both multinational gold companies and junior explorers. New Risk • Nov 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.3m (US$9.45m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (AU$14.3m market cap, or US$9.45m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Oct 30
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 Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$19.1m market cap, or US$12.1m). Announcement • Oct 05
Augustus Minerals Ltd, Annual General Meeting, Nov 17, 2023 Augustus Minerals Ltd, Annual General Meeting, Nov 17, 2023. Agenda: To consider the election of directors.