Announcement • May 30
Burgundy Diamond Mines Limited Announces Appointment of Brent Mierau as Chief Financial Officer, Effective May 27, 2026 Burgundy Diamond Mines Limited announced the appointment of Brent Mierau, as Chief Financial Officer, effective May 27, 2026. Mr. Mierau joined Burgundy as Head of Finance in May 2025 and has been leading the Company’s finance function since July 2025. He has played a key leadership role in securing critical financing initiatives that strengthened the Company’s position during a challenging diamond market environment. Prior to joining Burgundy, Mr. Mierau spent the majority of his career with Shell Canada, where he held a series of senior finance leadership roles and led teams through periods of significant organizational transformation, operational improvement, and complex business integration initiatives. He also spent ten years in public practice providing attestation, tax, systems implementation, and business process improvement services across a diverse range of industries. Reported Earnings • Sep 01
First half 2025 earnings released First half 2025 results: US$0.021 loss per share. Net loss: US$29.5m (flat on 1H 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings. New Risk • Aug 30
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$23m This is considered a minor 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 Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 77% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$23m). Market cap is less than US$100m (AU$38.4m market cap, or US$25.1m). New Risk • Aug 15
New major risk - Revenue and earnings growth Earnings have declined by 75% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 75% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$41.2m market cap, or US$26.8m). Price Target Changed • Aug 13
Price target decreased by 10% to AU$0.045 Down from AU$0.05, the current price target is provided by 1 analyst. New target price is 67% above last closing price of AU$0.027. Stock is down 81% over the past year. The company is forecast to post earnings per share of US$0.0026 next year compared to a net loss per share of US$0.068 last year. Announcement • May 14
Burgundy Diamond Mines Limited Closes Perth Office Burgundy Diamond Mines Limited confirmed the strategic intention to partner with carefully selected diamond manufacturers and traders, jewelry and luxury brands to maximize the value of its sustainably mined Canadian diamonds. The partnerships are to be founded on a shared commitment to leadership in provenance, traceability, product excellence and value creation. Aligned with this approach and based on a thorough assessment of the long-term viability of Burgundy's diamond cutting and polishing operations in Perth, Western Australia, the Company has made the decision to close the facility. This decision is not expected to result in any material financial or production impacts for Burgundy. The closure process is anticipated to be completed by mid-year 2025. Announcement • Mar 27
Burgundy Diamond Mines Limited, Annual General Meeting, May 27, 2025 Burgundy Diamond Mines Limited, Annual General Meeting, May 27, 2025. New Risk • Jan 28
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: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$69.6m market cap, or US$43.5m). Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2025 The analyst covering Burgundy Diamond Mines previously expected the company to break even in 2024. New forecast suggests the company will make a profit of US$43.3m in 2025. Average annual earnings growth of 30% is required to achieve expected profit on schedule. Buy Or Sell Opportunity • Nov 15
Now 27% overvalued Over the last 90 days, the stock has fallen 21% to AU$0.12. The fair value is estimated to be AU$0.091, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 198% over the last 3 years. Earnings per share has grown by 3.4%. Buy Or Sell Opportunity • Oct 31
Now 21% overvalued Over the last 90 days, the stock has fallen 31% to AU$0.11. The fair value is estimated to be AU$0.091, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 198% over the last 3 years. Earnings per share has grown by 3.4%. New Risk • Oct 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$149.2m (US$98.1m) This is considered a minor 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: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (AU$149.2m market cap, or US$98.1m). New Risk • Oct 13
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. This is currently the only risk that has been identified for the company. Board Change • Sep 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Anshul Gandhi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 23
Burgundy Diamond Mines Limited Announces the Appointment of Anshul Gandhi as Non-Executive Director, Effective August 1, 2024 Effective August 1, 2024, Burgundy Diamond Mines Limited has strengthened its board by appointing an additional director. The company welcomes Anshul Gandhi, based out of Dubai, United Arab Emirates, to the Burgundy Diamond Mines’ Board of Directors as a non-executive director. Anshul is the CEO of the Choron Group and a major strategic investor in Burgundy, owning 8.44% of the company. He has over 15 years of experience in the diamond industry, with a broad knowledge of rough and polished diamonds. As a seasoned diamantaire, Anshul will further strengthen the Burgundy Diamond Mines’ Board of Directors. The Burgundy Diamond Mines Board of Directors now comprises: Michael O’Keeffe Chair and Non-executive Director; Kim Truter Chief Executive Officer and Managing Director; Marc Dorian Non-Executive Independent Director; Stephen Dennis Non-Executive Independent Director; Trey Jackson Non-Executive Independent Director; Jermey King Non-Executive Independent Director and Anshul Gandhi Non-Executive Director. Breakeven Date Change • Apr 30
Forecast to breakeven in 2024 The analyst covering Burgundy Diamond Mines expects the company to break even for the first time. New forecast suggests the company will make a profit of US$115.2m in 2024. Earnings growth of 7.6% is required to achieve expected profit on schedule. Announcement • Mar 28
Burgundy Diamond Mines Limited Appoints Jeremy King as an Additional Director, Effective April 2024 Burgundy Diamond Mines Limited improved the depth of board experience with the appointment of an additional director effective April 2024. Jeremy King, based out of Perth, Australia, who has re-joined the Burgundy Diamond Mines Board of Directors as a non-executive independent director. Mr. King is a founding director of a boutique advisory service in Perth, Australia that supports companies with legal, finance and corporate matters. With over 25 years' experience and serving on numerous Australian Stock Exchange listed boards Mr. King will further strengthen the Burgundy Diamond Mines Board of Directors. The Burgundy Diamond Mines Board of Directors now comprises: Michael O'Keeffe Chair and Non-executive DirectorKim Truter, Chief Executive Officer and Managing Director, Marc Dorian Non-Executive Independent Director, Stephen Dennis Non-Executive Independent Director, Trey Jackson Non-Executive Independent Director and Jermey King Non-Executive Independent Director. Announcement • Mar 20
Burgundy Diamond Mines Limited, Annual General Meeting, May 21, 2024 Burgundy Diamond Mines Limited, Annual General Meeting, May 21, 2024. New Risk • Mar 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (310% increase in shares outstanding). New Risk • Feb 09
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 12% 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 Shareholders have been substantially diluted in the past year (310% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (AU$5.2m revenue, or US$3.4m). Announcement • Oct 20
Burgundy Diamond Mines Limited, Annual General Meeting, Nov 21, 2023 Burgundy Diamond Mines Limited, Annual General Meeting, Nov 21, 2023, at 09:30 E. Australia Standard Time. Location: Allens, Level 28, Deutsche Bank Place, Corner Hunter & Phillip Streets, Sydney, NSW 2000 New South Wales Australia Agenda: To discuss FINANCIAL STATEMENTS AND REPORTS; to discuss ADOPTION OF REMUNERATION REPORT; to discuss APPROVAL OF 7.1A MANDATE; to discuss APPOINTMENT OF AUDITORS OF BURGUNDY DIAMOND MINES; to discuss REMUNERATION OF AUDITORS; and to discuss RE-ELECTION OF MICHAEL O'KEEFFE;. New Risk • Aug 09
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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$24m free cash flow). Shares are highly illiquid. Negative equity (-AU$4.2m). Earnings have declined by 49% per year over the past 5 years. Shareholders have been substantially diluted in the past year (315% increase in shares outstanding). Revenue is less than US$1m (AU$325k revenue, or US$212k). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). New Risk • Jul 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 315% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$24m free cash flow). Shares are highly illiquid. Negative equity (-AU$4.2m). Earnings have declined by 49% per year over the past 5 years. Shareholders have been substantially diluted in the past year (315% increase in shares outstanding). Revenue is less than US$1m (AU$325k revenue, or US$217k). Announcement • Jul 06
Burgundy Diamond Mines Limited (ASX:BDM) acquired Ekati Diamond Mine in Canada from Dominion Diamond Mines ULC. Burgundy Diamond Mines Limited (ASX:BDM) entered into a binding share purchase agreement to acquire 100% stake in Ekati Diamond Mine in Canada from Dominion Diamond Mines ULC for $136 million on March 13, 2023. Burgundy Diamond Mines Limited paid consideration of $21 million ordinary shares and $15 million deferred payment. Burgundy Diamond Mines Limited paid $100 million debt of Dominion Diamond Mines ULC.
Burgundy Diamond Mines Limited (ASX:BDM) acquired Ekati Diamond Mine in Canada from Dominion Diamond Mines ULC on July 4, 2023. Announcement • Jun 28
Burgundy Diamond Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 3.722 million. Burgundy Diamond Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 3.722 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,888,000
Price\Range: AUD 0.25 Announcement • May 25
Burgundy Diamond Mines Limited (ASX:BDM) agreed to acquire Dominion Diamond Mines ULC and Arctic Canadian Diamond Marketing NV from Arctic Canadian Diamond Holding, LLC. Burgundy Diamond Mines Limited (ASX:BDM) agreed to acquire Dominion Diamond Mines ULC and Arctic Canadian Diamond Marketing NV from Arctic Canadian Diamond Holding, LLC on May 24, 2023. Burgundy Diamond Mines completed the bookbuild in relation to a conditional placement to raise $150 million for this acquisition. The transaction is expected to complete on July 1, 2023. Announcement • Oct 25
Burgundy Diamond Mines Limited, Annual General Meeting, Nov 24, 2022 Burgundy Diamond Mines Limited, Annual General Meeting, Nov 24, 2022, at 11:00 W. Australia Standard Time. Location: Level 25, South32 Tower, 108 St Georges Terrace, Perth Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2022 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider adoption of remuneration report; to consider re-election of director; to consider approval of 7.1A mandate; to consider adoption of employee securities incentive plan; to consider amendment of constitution; and to consider renewal of proportional takeover provisions. Announcement • Sep 08
Burgundy Diamond Mines Limited Announces Recovery of First Diamond At the Ellendale Diamond Project Burgundy Diamond Mines Limited announced the recovery of its first diamond at the Ellendale Diamond Project after recently reaching the final stages of commissioning of the bulk sample plant at Blina. The Company has now started to ramp up throughput rates at the plant on site in the Kimberley. This has resulted in Burgundy recovering its first diamond from Ellendale earlier this week: a 1.51 carat octahedral Fancy Yellow stone, pictured here. Building up operating rates will allow the team to continue enhancing their knowledge and understanding of this innovative plant design, which was shipped from South Africa to Perth in March before being transported to site last quarter, with the Company reiterating that first commercial production of diamonds is expected in Fourth Quarter Exploration activities continue onsite including drilling programs intended to update resource models and complete a Scoping Study to define development options or the Blina and Ellendale projects, which together comprise the Ellendale Diamond Project. This development demonstrates the significant potential of Burgundy's innovative strategy of a vertically ntegrated business model to capture the full margins across the diamond value chain. Announcement • Jul 30
Burgundy Diamond Mines Limited Announces Final Naujaat Bulk Sample Results Burgundy Diamond Mines Limited report diamond recoveries from the remaining 30% (498 dry tonnes) of a bulk sample collected in 2021 from the Q1-4 diamond deposit at the Naujaat Diamond Project, Nunavut, Canada, completed by partner North Arrow Minerals . These results, entirely from the A88 unit of the Q1-4 deposit, follow the reporting in an ASX release of 27 April 2022 of the results from the first 70% of the sample, representing 1,316 dry tonnes from the A28 geological unit. The purpose of the 2021 sample is to acquire further information on the coarser sizes of the Q1-4 diamond population, with particular emphasis on potential high value Fancy Colour diamonds. The results from this final 30% of the sample provide further support to the encouraging indications from the initial 70%. These results will now be combined in a complete analysis of the entire 2021 sample in comparison with results obtained from previous bulk sampling in 2014 and 2017. Conclusions from this analysis will be announced once complete. On completion of the bulk sampling program, Burgundy will earn a 40% vested interest in the Naujaat Project under the terms of an earn-in option agreement with North Arrow Minerals announced on 2 June 2020. Full technical details are given in the accompanying JORC Table 1, with summary information given below. The 2021 bulk sample consists of 2,500 sample bags collected from three sample pits at the multiphase Q1-4 kimberlite, located just seven kilometres from the project laydown near the Hamlet of Naujaat. The sample was divided into five subsamples for processing purposes, with results from the first four sub-samples reported on 27 April 2021. Processing of the fifth and final subsample, collected from the A88 unit (Pit E, 701 bags, approximately 280m southwest of Pit D), has now been completed and results are presented in the current release. Diamond recoveries reported below have been achieved using a TOMRA Com 300 X-Ray Transmission sorter, capable of recovering diamonds larger than 2mm. The results are reported with a bottom sieve size of +9 DTC which is the smallest sieve size for which diamonds are detected and fully recovered using the XRT. While this is a very coarse cut off for a traditional evaluation sample, it meets the needs of the current program. A summary of the +9 DTC diamond recoveries is provided in the table below for 2021 samples collected from both the A88 and A28 units. Diamond recoveries reported from the 2021 Pit E sample (A88 2021) include 99 diamonds greater than +9 DTC weighing 55.80 carats from 497.6 dry tonnes of kimberlite for an overall +9 DTC sample grade of 11.2 cpht. Recovered diamonds include 21 diamonds larger than the 3 grainer size class (~0.66 carat) and 13 diamonds larger than 1 carat. The three largest diamonds are 7.00 carats (Irregular (polycrystalline), grey, opaque), 2.17 carats (fancy light orange, irregular (fragment), translucent, moderate inclusions), and 2.02 carats (Off white (H colour) aggregate, transparent, minor inclusions). The GIA colour grading scale is the industry standard for polished diamonds and, although colour grading of rough diamonds is very similar to that of polished diamonds, there is no universally accepted colour grading scheme for rough diamonds. Colour grading of the Naujaat rough diamonds provides useful information for modelling the Fancy Colour diamond population. However, for individual rough stones, the graded colour does not necessarily represent the final colour of a diamond polished from the rough stone, nor does it include characterisation of a diamond's clarity (e.g. presence of inclusions or cloudiness in the diamond). Previous cutting and polishing of select Naujaat rough Fancy Colour diamonds has produced Fancy Vivid Orangey Yellow diamonds, certified by the GIA and demonstrating that the Q1-4 deposit can produce polished Fancy Colour diamonds for use in the luxury jewellery market. Announcement • Jul 06
Burgundy Diamond Mines Limited Launches Maison Mazerea Diamond Brand in Paris Burgundy Diamond Mines Limited confirmed that its new ultra-luxury diamond brand, Maison Mazerea, has been officially launched in Paris at a landmark event on 1st July. The event of Maison Mazerea at Hotel Marois in Paris was also the first public appearance of the newly-named Grace Diamond (see Announcement dated 20 June), one of the rarest pink diamonds in the world, soon to be exhibited in a jewellery creation by renowned Place Vendôme designer, Lorenz Bäumer. Guests were also able to view a spectacular collection of rough and polished Fancy Colour diamonds in a unique display that drew great interest. As announced on 16 June, the unveiling of the Maison Mazerea brand is the final key part of Burgundy's strategy to become a world leading end-to-end Fancy Colour diamond company. The vertically integrated model of mining and buying rough stones, conducting its own cutting and polishing, then selling via Maison Mazerea, will allow Burgundy to capture the full margins from the diamond value chain and completely differentiates the Company's value proposition. Specialising in the rarest Fancy Colour diamonds of irreproachable provenance, Maison Mazerea is the world's first Haute Diamanterie Maison, and has been inspired by the famous 17th century diamond collection bequeathed by Cardinal Jules Mazarin to Louis XIV and the French Crown Jewels. Fancy Colour natural diamonds produced by Maison Mazerea will be characterised by unique heritage cuts hand-crafted through meticulous cutting and polishing by world renowned artisans. By owning the entire process from discovery to design, Maison Mazerea provides an undeniable guarantee of provenance and ethical practices, and leads the way in the revival of Haute Diamanterie. Announcement • Apr 28
Burgundy Diamond Mines Limited Announces Initial Naujaat Bulk Sample Results Burgundy Diamond Mines Limited reported initial diamond recoveries from the first 70% (1,316 tonnes) of a bulk sample collected in 2021 from the Q1-4 diamond deposit at the Naujaat Diamond Project, Nunavut, Canada, completed by partner North Arrow Minerals Ltd. (TSX: NAR, "North Arrow"). The remaining 30% of the sample will be processed in the coming weeks, with the extended timing due to earlier success in collecting a larger bulk sample than had originally been planned. 268 diamonds greater than +9 DTC (Diamond Trading Company) sieve weighing 117.98 carats were recovered from 1,316 dry tonnes of kimberlite from the A28 unit - the average size of diamonds retained on the +9 DTC sieve is ~0.21 carats The three largest recovered diamonds are 3.31, 3.07 and 2.76 carats respectively 48 of the 268 diamonds (17.9%) classify as Fancy Colour (20.9% by carat weight) - indicative of a desirable and potentially high value diamond population 58% of the Fancy Colour diamonds classify as either Fancy Intense or Fancy Vivid - the two highest colour saturation classes and an important indicator of potential value in Fancy Colour diamonds. 91% of the Fancy Colour diamonds classify with orange as the primary colour - orange is considered amongst the rarest colours for natural diamonds +9 DTC sample grade of 9.0 cpht (carats per hundred tonnes) compares favourably with a similar sized sampled collected from the same geological unit in 2014. Processing of the remainder of the 2021 bulk sample, collected from the A88 unit, is ongoing. The purpose of the 2021 sample is to acquire further information on the coarser sizes of the Q1-4 diamond population, with particular emphasis on potential high value Fancy Colour diamonds. The results from this first 70% of the sample provide additional information that extends the results obtained from previous bulk sampling in 2014 and 2017. Further analysis of these results is required to understand the potential implications, and this will be announced once complete. The 2021 bulk sample consists of 2,500 sample bags collected from three sample pits (Pits B, D, & E) at the multiphase Q1-4 kimberlite, located just seven kilometres from the project laydown near the Hamlet of Naujaat (Figure 1). The sample was divided into five subsamples for processing purposes, including four subsamples reported today: Pit B weathered kimberlite (296 bags), Pit D weathered kimberlite (445 bags), Pit B rock (325 bags) and Pit D rock (733 bags). All four subsamples are from the A28 unit of Q1-4. Processing of the fifth and final subsample, collected from the A88 unit (Pit E, 701 bags, approximately 280m southwest of Pit D), is ongoing and will be announced when received. Recent Insider Transactions • May 12
Non-Executive Director recently bought AU$112k worth of stock On the 11th of May, William O’Keeffe bought around 328k shares on-market at roughly AU$0.34 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions Derivative • Apr 24
Non-Executive Director exercised options to buy AU$1.1m worth of stock. On the 20th of April, William O’Keeffe exercised options to buy 3m shares at a strike price of around AU$0.07, costing a total of AU$175k. This transaction amounted to 10.0% of their direct individual holding at the time of the trade. Since June 2020, William's direct individual holding has increased from 24.03m shares to 25.08m. Company insiders have collectively bought AU$525k more than they sold, via options and on-market transactions, in the last 12 months. Is New 90 Day High Low • Feb 18
New 90-day high: AU$0.24 The company is up 153% from its price of AU$0.095 on 20 November 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: AU$0.23 The company is up 161% from its price of AU$0.09 on 09 September 2020. The Australian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 13% over the same period. Announcement • Oct 04
EHR Provides Progress Update on Botswana Diamond Exploration Activities EHR Resources Ltd. provided a brief update on exploration activities in Botswana being conducted under the exploration alliance formed with Diamond Exploration Strategies Ltd. ("DES") earlier this year. Despite restricted activities in the country during varying stages of Covid-19 lockdown in Botswana, DES has succeeded in obtaining renewals to 30 June 2022 from the Ministry of Mines for seven Prospecting Licences: PL33/2015, PL89/2015 and PL297/2015 in the Central District; PL34/2015 and PL272/2015 in the Kgatleng District; PL88/2015 and PL94/2015 in the Ghanzi District. Announcement • Sep 22
EHR Resources Limited Announces Appointment of Kim Truter as Non-Executive Director EHR Resources Limited announced the appointment of Mr. Kim Truter as a Non-Executive Director, with immediate effect. Mr. Truter was most recently the Chief Executive Officer of De Beers Canada from 2015 to 2019. Previously, Mr. Truter served as Chief Operating Officer of Rio Tinto Diamonds, managing their global portfolio in Australia, Canada and Zimbabwe. He also served as Managing Director of Argyle Diamond Mines Pty Limited in Australia and as the President and Chief Operating Officer of Diavik Diamond Mines Inc. in Canada. Announcement • Aug 10
EHR Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million. EHR Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 104,166,667
Price\Range: AUD 0.096
Discount Per Security: AUD 0.0048
Transaction Features: Subsequent Direct Listing 
