Board Change • May 01
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. 3 non-independent directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Non-Executive Independent Director Ian Mitchell was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Dec 01
Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.575753 million. Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.575753 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,878,765
Price\Range: AUD 0.2
Transaction Features: Subsequent Direct Listing Announcement • Nov 28
Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.575753 million. Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.575753 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,878,765
Price\Range: AUD 0.2
Transaction Features: Subsequent Direct Listing Announcement • Oct 21
Ark Mines Limited, Annual General Meeting, Nov 21, 2025 Ark Mines Limited, Annual General Meeting, Nov 21, 2025. Location: at hall chadwick, level 40, 2 park street, sydney nsw 2000 Australia Announcement • Aug 25
Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million. Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,994,012
Price\Range: AUD 0.167
Transaction Features: Subsequent Direct Listing Announcement • May 07
Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,714,285
Price\Range: AUD 0.14
Transaction Features: Subsequent Direct Listing Announcement • Oct 22
Ark Mines Limited, Annual General Meeting, Nov 22, 2024 Ark Mines Limited, Annual General Meeting, Nov 22, 2024. Location: hall chadwick, level 40, 2 park street, sydney nsw 2000, Australia New Risk • Sep 27
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 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$9.98m market cap, or US$6.86m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Announcement • Oct 21
Ark Mines Limited, Annual General Meeting, Nov 24, 2023 Ark Mines Limited, Annual General Meeting, Nov 24, 2023, at 11:30 AUS Eastern Standard Time. Location: Hall Chadwick, Level 40, 2 Park Street, Sydney NSW 2000 Sdyney New South Wales Australia Agenda: To consider Remuneration Report; to consider Re-election of Director Mr Ian Mitchell; to consider Approval of 10% Placement Facility; to consider Ratification of prior share issue; to consider Approval of issue of options. New Risk • Sep 26
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 Share price has been highly volatile over the past 3 months (24% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$10.5m market cap, or US$6.71m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (24% increase in shares outstanding). 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 Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$11.6m market cap, or US$7.38m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (24% increase in shares outstanding). Announcement • Aug 09
Ark Mines Ltd Appoints Ian White an Additional Company Secretary Ark Mines Ltd. announced the appointment of Mr. Ian White an additional Company Secretary. Mr. Ian Mitchell will continue to act as a Company Secretary but will take a period of leave to recover from a recent illness. Mr. White is an experienced and qualified Company Secretary with over 40 years business experience and Director of Professional Edge Pty Ltd, a company that provides professional services to junior listed and unlisted resource exploration companies, including Ark Mines Ltd. Mr. White, through Professional Edge Pty Ltd, has provided finance and accounting support to Ark Mines Ltd. since 2012 and will continue to provide this support as its Chief Financial Officer, as well acting as a Company Secretary with Mr. Mitchell. Announcement • Jul 18
Ark Mines Limited announced that it expects to receive AUD 3.05505 million in funding Ark Mines Limited announced a private placement of 10,534,655 ordinary shares at a price of AUD 0.29 per share for the gross proceeds of AUD 3.05505 million on July 18, 2023. The transaction is expected to close on July 26, 2023. As a part of transaction, the company will pay a capital raising fee 6% of the capital raised. Board Change • Apr 11
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Non-Executive Independent Director Ian Mitchell was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 07
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Non-Executive Independent Director Ian Mitchell was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 13
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Non-Executive Independent Director Ian Mitchell was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 23
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. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Oct 08
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. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Aug 20
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. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jul 26
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. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jul 06
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. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jun 08
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. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Apr 28
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. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Feb 22
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. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 
