Announcement • Mar 30
Patagonia Lithium Limited, Annual General Meeting, May 28, 2026 Patagonia Lithium Limited, Annual General Meeting, May 28, 2026. New Risk • Mar 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Share price has been highly volatile over the past 3 months (30% average weekly change). Revenue has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (AU$37.3m market cap, or US$25.6m). Announcement • Feb 04
Patagonia Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 2.9 million. Patagonia Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 2.9 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Oct 14
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 23% 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 (23% average weekly change). Revenue has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (200% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$13.6m market cap, or US$8.77m). Announcement • Jul 29
Patagonia Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 2.686733 million. Patagonia Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 2.686733 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 59,705,180
Price\Range: AUD 0.045
Discount Per Security: AUD 0
Transaction Features: Rights Offering New Risk • Apr 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 104% 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 Revenue has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.24m market cap, or US$4.98m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). New Risk • Apr 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Revenue is less than US$1m (AU$130k revenue, or US$82k). Market cap is less than US$10m (AU$5.09m market cap, or US$3.19m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Mar 26
Patagonia Lithium Limited, Annual General Meeting, May 28, 2025 Patagonia Lithium Limited, Annual General Meeting, May 28, 2025. Announcement • Mar 25
Patagonia Lithium Limited Announces Completion of Drill Hole Porosity Analysis for MRE Update Environmental Testing Patagonia Lithium Ltd. reported the logging analysis on the four wells drilled using the core samples analysed has shown the following results. Well JAM-24-01 contains 7.7% more porous material than JAM-24-02 that was continuously surveyed using BMR gamma survey. Additionally, since the distance between both wells is about 350 m, lithology was correlated mainly by following some guide levels. The highest Specific Yield values from sandy units in JAM-24-02 are also present in JAM-24-01 with a
considerable thickness. The benefit of this study is that will be able to calibrate specific yield and porosity from the 4 borehole magnetic resonance studies at 1cm intervals for the depth of the well. This in turn may increase the estimate of the free flow
brine and capillary brine porosity aquifers intervals containing lithium. Patagonia's 100%-owned Project is located in the Jujuy Province, Argentina and covers 19,540 hectares (ha) (19.54 square kilometres (km2)) with two mining leases owned by Patagonia's Argentine subsidiary, Patagonia Lithium Argentina SA. These are held over the complete salt lake near Jama township
1 kilometre (km) from Chile border. Announcement • Mar 18
Patagonia Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. Patagonia Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,500,000
Price\Range: AUD 0.08
Transaction Features: Subsequent Direct Listing Announcement • Dec 18
Patagonia Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 1.85 million. Patagonia Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 1.85 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,500,000
Price\Range: AUD 0.1
Transaction Features: Subsequent Direct Listing New Risk • Nov 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% 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 Revenue is less than US$1m (AU$130k revenue, or US$84k). Market cap is less than US$10m (AU$7.86m market cap, or US$5.09m). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Oct 24
Patagonia Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 1.343921 million. Patagonia Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 1.343921 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,932,450
Price\Range: AUD 0.09
Discount Per Security: AUD 0.0054
Transaction Features: Subsequent Direct Listing Announcement • Jul 12
Patagonia Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 1.75695 million. Patagonia Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 1.75695 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 19,521,667
Price\Range: AUD 0.09
Discount Per Security: AUD 0.0054
Transaction Features: Rights Offering Board Change • Mar 30
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. Independent Non-Executive Director Rick Anthon was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 23
Patagonia Lithium Limited, Annual General Meeting, May 24, 2024 Patagonia Lithium Limited, Annual General Meeting, May 24, 2024. Agenda: To consider the re-election of Directors. New Risk • Feb 20
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$7.61m market cap, or US$4.97m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$4.1m). Less than 3 years of financial data is available. Board Change • Jan 24
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. Independent Non-Executive Director Gino D’Anna was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 19
Patagonia Lithium Limited Announces Resignation of Paul Boyatzis as Non-Executive Director Patagonia Lithium Ltd. advised that non-executive director, Paul Boyatzis has tendered his resignation effective from 18 January 2024. Paul leaves the Company in a strong position with a portfolio of highly prospective assets and has made a major contribution to the board in the development of Salar de Jama - Formentera and Cilon projects and Tomas III project at Incahuasi Salar, Salta Province. New Risk • Oct 27
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 Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$8.20m market cap, or US$5.20m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$4.1m). Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Oct 10
Patagonia Lithium Limited has completed a Derivatives Offering in the amount of AUD 0.146413 million. Patagonia Lithium Limited has completed a Derivatives Offering in the amount of AUD 0.146413 million.
Security Name: Loyalty Option
Security Type: Equity Option
Securities Offered: 14,641,250
Price\Range: AUD 0.01
Transaction Features: Rights Offering Announcement • Sep 06
Patagonia Lithium Limited has announced a Derivatives Offering in the amount of AUD 0.146413 million. Patagonia Lithium Limited has announced a Derivatives Offering in the amount of AUD 0.146413 million.
Security Name: Loyalty Option
Security Type: Equity Option
Securities Offered: 14,641,250
Price\Range: AUD 0.01
Transaction Features: Rights Offering Announcement • Aug 09
Patagonia Lithium Limited Appoints Feiyu (Sam) Qi to the Board of Directors Patagonia Lithium Limited announced the appointment of Mr. Feiyu (Sam) Qi to the Board of Directors. Sam has substantial experience in the lithium product and related battery and EV markets. He represents one of its largest shareholders Fuyang Mingjin New Energy Development Co. Ltd. (Mingjin). Sam graduated from Shanghai University with a major in project management and has more than 20 years' experience providing professional services. He is CEO of Mingjin and a non-executive director of Octava Minerals Limited. Through his work at Mingjin he has developed strong relationships with several world class battery manufacturers cooperating to provide lithium carbonate and battery manufacturing equipment. 