Board Change • May 20
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). MD & Executive Director Daniel Blanco is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Simon Kidston was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • May 01
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). MD & Executive Director Daniel Blanco is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Simon Kidston was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Mar 17
Energy Transition Minerals Ltd, Annual General Meeting, Apr 22, 2026 Energy Transition Minerals Ltd, Annual General Meeting, Apr 22, 2026. Location: at quest kings park, 54 kings park road, west perth wa 6005 Australia Announcement • Feb 06
Energy Transition Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 24.65 million. Energy Transition Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 24.65 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 189,615,384
Price\Range: AUD 0.13
Discount Per Security: AUD 0.0065
Transaction Features: Subsequent Direct Listing Announcement • Jan 30
Energy Transition Minerals Ltd has filed a Follow-on Equity Offering in the amount of AUD 29.292333 million. Energy Transition Minerals Ltd has filed a Follow-on Equity Offering in the amount of AUD 29.292333 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 190,000,000
Price\Range: AUD 0.13
Discount Per Security: AUD 0.0065
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,325,638
Price\Range: AUD 0.13
Transaction Features: Subsequent Direct Listing New Risk • Jan 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 17% 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 Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m (AU$20k revenue, or US$13k). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). Board Change • Dec 24
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). MD & Executive Director Daniel Blanco is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Simon Kidston was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Nov 24
Energy Transition Minerals Ltd. Announces the Appointment of Stuart Ausmeier as Chief Financial Officer, Effective 1 December 2025 Energy Transition Minerals Ltd. announced the appointment of experienced mining and corporate finance executive Mr. Stuart Ausmeier as Chief Financial Officer ("CFO"), effective 1 December 2025. Mr. Ausmeier, who is based in Perth, is a qualified Chartered Accountant and Chartered Financial Analyst with over 23 years' experience. He was previously the CFO of ASX-listed iron ore producer Fenix Resources Limited, which underwent a phase of rapid growth during his tenure. Prior to that, he held multiple finance and treasury roles at an ASX-listed engineering company and worked at global investment bank NM Rothschild & Sons, where he focused on strategic advisory
mandates as well as global debt and equity capital market transactions across the mining industry. Announcement • Aug 26
Energy Transition Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 8 million. Energy Transition Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 190,476,190
Price\Range: AUD 0.042 Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Chairman Simon Kidston 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 • Feb 20
Energy Transition Minerals Ltd, Annual General Meeting, Apr 10, 2025 Energy Transition Minerals Ltd, Annual General Meeting, Apr 10, 2025. Board Change • Feb 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Chairman Simon Kidston 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 • Jan 21
Energy Transition Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 9.35 million. Energy Transition Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 9.35 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 137,500,000
Price\Range: AUD 0.068
Discount Per Security: AUD 0.00136
Transaction Features: Subsequent Direct Listing New Risk • Dec 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 Risks Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (AU$49k revenue, or US$31k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$60.6m market cap, or US$37.8m). Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Chairman Simon Kidston 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 • Apr 09
Energy Transition Minerals Ltd, Annual General Meeting, May 29, 2024 Energy Transition Minerals Ltd, Annual General Meeting, May 29, 2024. Announcement • Dec 23
Energy Transition Minerals Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.148487 million. Energy Transition Minerals Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.148487 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,367,276
Price\Range: AUD 0.034
Transaction Features: Subsequent Direct Listing Announcement • Dec 20
Energy Transition Minerals Ltd Announces Cessation of Miles Guy as Chief Financial Officer Further to the announcement released on 15 December 2023, Energy Transition Minerals Ltd. advises under Listing Rule 3.16.1 that Mr. Miles Guy has ceased his position as Chief Financial Officer of the Company. Announcement • Dec 15
Energy Transition Minerals Ltd Announces Change of Company Secretary Energy Transition Minerals Ltd. announced that Mr. Miles Guy has resigned as Company Secretary. Mr. Robert James Krachler has been appointed as Company Secretary with effect from 14 December 2023. New Risk • Nov 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% 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 Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m (AU$370k revenue, or US$243k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Market cap is less than US$100m (AU$49.0m market cap, or US$32.2m). Announcement • Nov 02
Energy Transition Minerals Ltd (ASX:ETM) entered into into a heads of agreement to acquire 100% interest in Solo and Good Setting lithium Projects in Quebec from Oliver Friesen for AUD 1.38 million. Energy Transition Minerals Ltd (ASX:ETM) entered into a heads of agreement to acquire 100% interest in Solo and Good Setting lithium Projects in Quebec from Oliver Friesen for AUD 1.38 million on October 31, 2023. In consideration the company will issue 43,000,000 fully paid ordinary shares in ETM, and the payment of AUD 25,000 in cash, to the Vendor or his nominee(s). Half of the Consideration Shares will be subject to voluntary escrow for six months from the date of their issue. The HOA is subject to and conditional on the Company obtaining any necessary shareholder and regulatory approvals, and consents necessary to give effect to the transaction (including any approvals required under the Quebec Mining Act). The HOA is otherwise on terms and conditions usual for such an agreement. The release was authorized by the Board of Energy Transition Minerals Ltd. Announcement • Oct 26
Energy Transition Minerals Ltd announced that it expects to receive AUD 0.05 million in funding Energy Transition Minerals Ltd announces private placement of 1,315,790 shares for gross proceeds of AUD 50,000 on October 24, 2023. New Risk • Oct 06
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 Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m (AU$370k revenue, or US$236k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$56.9m market cap, or US$36.3m). Announcement • Jan 17
Energy Transition Minerals Ltd Announces the Results of Aeromagnetic and Electromagnetic Survey Completed at the Villasrubias Lithium Project Energy Transition Minerals Ltd. announced the results of a aeromagnetic and electromagnetic survey completed at the Villasrubias lithium project. Villasrubias is located in the mining-rich Province of Salamanca in western Spain. Aeromagnetic results have identified several areas of lithium prospectivity to be targeted by an upcoming drill campaign. The aeromagnetic survey focused on an area of historic aplite and pegmatite mining, and where lithium, tin, niobium and tantalum have been identified by ETM. The geophysical survey was performed using two simultaneous measuring units, a GEM GSMP-35U proton magnetometer installed on a hexacopter drone using a constant height and a 100ms sampling interval with a measuring range of 20,000 to 120,000 nT; and a potassium magnetometer GEM Gsmp-40 with the same measuring range and a sampling interval of 1 sec for the base unit. The total magnetic field and the subsequent pole reduction defined two magnetically differentiable zones (zones A and B), which correspond to lithologically and geochemically differentiated blocks, the pegmatite source (two mica granite) and the host rock of the pegmatite dykes that are metasediments (graywacke and shales). The known lithium and tin-bearing pegmatite dyke at Villasrubias is located in block B (east). The trace of this intrusive dyke is associated with a zone of lower magnetic susceptibility with respect to the surrounding rock, which enables the interpretation of other potential dykes that have not been previously identified. In Block B, at least four other low relative susceptibility trends have been defined, indicating the potential presence of additional dykes. These trends follow two preferred orientations (145deg and 55deg). The modelled TILT derivative corroborates with the total magnetic field with reduction to the pole (TMFRP) data, highlighting the contact zones between bodies with different magnetic character. The 3D inversion defines the morphology of the bodies that may relate to lithium- bearing aplite or pegmatite dykes. The modelling suggests sub-vertical dips whilst depth of the bodies range between 5 and 150 m. Following the successful completion of the geophysical survey, a drilling program of at least 10 holes with depths ranging between 100 and 200m is planned, expected to commence in January 2023. Announcement • Jan 14
Energy Transition Minerals Ltd. Announces Aeromagnetic Results from Villasrubias Have Identified Several Areas of Lithium Prospectivity Energy Transition Minerals Ltd. announced the results of a aeromagnetic and electromagnetic survey completed at the Villasrubias lithium project. Villasrubias is located in the mining-rich Province of Salamanca in western Spain. Aeromagnetic results have identified several areas of lithium prospectivity to be targeted by an upcoming drill campaign. The aeromagnetic survey focused on an area of historic aplite and pegmatite mining, and where lithium, tin, niobium and tantalum have been identified by ETM. The geophysical survey was performed using two simultaneous measuring units, a GEM GSMP-35U proton magnetometer installed on a hexacopter drone using a constant height and a 100ms sampling interval with a measuring range of 20,000 to 120,000 nT; and a potassium magnetometer GEM Gsmp-40 with the same measuring range and a sampling interval of 1 sec for the base unit. The total magnetic field and the subsequent pole reduction defined two magnetically differentiable zones (zones A and B), which correspond to lithologically and geochemically differentiated blocks, the pegmatite source (two mica granite) and the host rock of the pegmatite dykes that are metasediments (graywacke and shales). The known lithium and tin-bearing pegmatite dyke at Villasrubias is located in block B (east). The trace of this intrusive dyke is associated with a zone of lower magnetic susceptibility with respect to the surrounding rock, which enables the interpretation of other potential dykes that have not been previously identified. In Block B, at least four other low relative susceptibility trends have been defined, indicating the potential presence of additional dykes. These trends follow two preferred orientations (145deg and 55deg). The modelled TILT derivative corroborates with the total magnetic field with reduction to the pole (TMFRP) data, highlighting the contact zones between bodies with different magnetic character. The 3D inversion defines the morphology of the bodies that may relate to lithium-bearing aplite or pegmatite dykes. The modelling suggests sub-vertical dips whilst depth of the bodies range between 5 and 150 m. Following the successful completion of the geophysical survey, a drilling program of at least 10 holes with depths ranging between 100 and 200m is planned, expected to commence in January 2023. Board Change • Nov 16
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. Independent Non-Executive Chairman Ed Mason 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. Board Change • Aug 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Ed Mason 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. Board Change • Apr 27
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. Independent Non-Executive Director Tony Ho was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Full year 2021 earnings released: AU$0.069 loss per share (vs AU$0.003 loss in FY 2020) Full year 2021 results: AU$0.069 loss per share (down from AU$0.003 loss in FY 2020). Net loss: AU$93.1m (loss widened AU$90.1m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 148 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 11
First half 2021 earnings released First half 2021 results: Net loss: AU$1.33m (loss narrowed 7.6% from 1H 2020). Reported Earnings • Apr 01
Full year 2020 earnings released: EPS AU$0.003 (vs AU$0.002 loss in FY 2019) Full year 2020 results: Net loss: AU$3.08m (loss widened 7.9% from FY 2019). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 09
New 90-day low: AU$0.20 The company is down 29% from its price of AU$0.29 on 11 November 2020. The Australian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 18% over the same period. Is New 90 Day High Low • Jan 22
New 90-day high: AU$0.32 The company is up 9.0% from its price of AU$0.29 on 23 October 2020. The Australian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 25% over the same period. Is New 90 Day High Low • Oct 13
New 90-day high: AU$0.32 The company is up 122% from its price of AU$0.14 on 15 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day high: AU$0.30 The company is up 150% from its price of AU$0.12 on 25 June 2020. The Australian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. 