Announcement • Jul 09
Native Mineral Resources Holdings Limited Announces Blackjack Production Update Native Mineral Resources Holdings Limited provide shareholders with an operational and gold production update from its Blackjack Gold Operations near Charters Towers, Queensland. Blackjack's latest gold smelt, completed on 6 July 2026, produced three gold doré bars (BJM073, BJM074 and BJM075) with a combined doré weight of 206 ounces. This reflects the continued progression of gold production as mining advances across the Company's active pits, following record monthly refinery production of 763.8oz fine gold in June 2026. NMR successfully completed its latest gold smelt on 6 July 2026, producing three doré bars comprising BJM073 (elution), BJM074 (gravity) and BJM075 (elution) with a combined official doré weight of 206 ounces. The official bullion outturn is expected within approximately five business days. The Company has also received the official refinery outturn for the previous gold pour completed on 28 June 2026. Doré bar BJM071 (elution), weighing 106.5 ounces, returned 48.08 ounces of fine gold at a gold purity of 45.17%, together with 38.22 ounces of fine silver. Doré bar BJM072 (gravity), weighing 62.2 ounces, returned 36.93 ounces of fine gold at a gold purity of 59.38%, together with 15.00 ounces of fine silver. Combined, the two doré bars produced 85.01 ounces of fine gold and 53.22 ounces of fine silver from a total doré weight of 1 168.7 ounces. Following receipt of official refinery results, June 2026 refinery production totalled 763.8 ounces of fine gold, representing the strongest monthly gold production achieved since recommissioning of the Blackjack Processing Plant in July 2025. This result reflects the continued improvement in mining and processing performance as higher-grade material progressively enters the plant. Announcement • Jul 02
Native Mineral Resources Holdings Limited announced that it expects to receive AUD 3.5 million in funding from The Lind Partners, LLC Native Mineral Resources Holdings Limited announced that it has entered into a Convertible Security Funding Agreement with returning investor Lind Global Fund III LP for the issuance of convertible notes in the principal amount of AUD 4,200,000 at an original issue discount of 16.7% for gross proceeds of AUD 3,500,000 on June 30, 2026. The facility has a 24 month maturity date and includes a 120-day repayment holiday, providing NMR with immediate working capital flexibility. No interest is payable on the Convertible Notes except on Event of Default occurring. On an Event of Default occurring the interest payable on the Amount Outstanding will be at a rate per annum which is 6%. Maximum Number that may be issued on conversion of Convertible Note are 63,636,364 shares at a fixed conversion price of AUD 0.066 per share, subject to the terms of the Agreement. The security for the facility includes existing Lind security arrangements, collateral shares provided by BOC Holdings Pty Ltd, a guarantee from Yogi Bear Holdings Pty Ltd and a first-ranking mortgage over property located at 15–19 Clarence Street, Port Macquarie. NMR may redeem the Convertible Note by paying cash or issuing Repayment Shares. The company is required to convene and hold a shareholder meeting within 90 days after completion to seek approval for all securities potentially issuable under the facility. The transaction remains subject to the conditions set out in the Agreement, including shareholder approval requirements where applicable under the ASX Listing Rules. Board Change • May 20
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. Non-Executive & Independent Director Phil Gardner was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 01
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. Non-Executive & Independent Director Phil Gardner was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 05
Native Mineral Resources Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. Native Mineral Resources Holdings 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: 17,123,288
Price\Range: AUD 0.0584
Transaction Features: Subsequent Direct Listing Announcement • Dec 25
Native Mineral Resources Holdings Limited announced that it expects to receive AUD 10 million in funding Native Mineral Resources Holdings Limited announced a private placement of Convertible Notes to raise potential gross proceeds of AUD 10,000,000 on December 24, 2025. The transaction involves participation from institutional investor Lind Global Fund III LP. The Notes are convertible into 17,123,288 Common Shares of the company at an issue price of AUD 0.0584 per share. The convertible security is convertible into fully paid ordinary shares at a fixed conversion price of AUD 0.15 per share, subject to adjustment in accordance with the Agreement. The company completed first tranche with gross proceeds of AUD 3,000,000. Any further tranches of up to AUD 7,000,000 are not promised but open for negotiation on terms to be agreed. The convertible security has a 12-month maturity from the issue of the final tranche and will mature on 29 December 2026. New Risk • Dec 24
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: Major Risks Earnings have declined by 30% per year over the past 5 years. Shareholders have been substantially diluted in the past year (107% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$55.2m market cap, or US$37.0m). Announcement • Dec 24
Native Mineral Resources Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million. Native Mineral Resources Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,123,288
Price\Range: AUD 0.0584
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
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. Non-Executive & Independent Director Phil Gardner was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 16
Native Mineral Resources Holdings Limited, Annual General Meeting, Nov 28, 2025 Native Mineral Resources Holdings Limited, Annual General Meeting, Nov 28, 2025. Board Change • Aug 18
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. Non-Executive & Independent Director Phil Gardner was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 09
Native Mineral Resources Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million. Native Mineral Resources Holdings 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: 62,500,000
Price\Range: AUD 0.16
Discount Per Security: AUD 0.0096
Transaction Features: Subsequent Direct Listing Announcement • Apr 24
Native Mineral Resources Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 15.934925 million. Native Mineral Resources Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 15.934925 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 103,210,216
Price\Range: AUD 0.04
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 56,666,650
Price\Range: AUD 0.04
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,162,908
Price\Range: AUD 0.04
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 56,666,650
Price\Range: AUD 0.04
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 56,666,700
Price\Range: AUD 0.04
Transaction Features: Regulation S; Rights Offering Announcement • Apr 10
Native Mineral Resources Holdings Limited Confirms Shallow, High-Grade Gold Mineralisation At Blackjack Gold Project, North Queensland Native Mineral Resources Holdings Limited announced further assay results from the diamond drilling program at its Blackjack Gold Project, QLD. NMR is completing a series of twin holes to previous drilling to confirm the reliability of the historic drilling to JORC 2012 standards, after a review by MEC Mining indicated the presence of gold mineralisation within 50m of surface at Blackjack. Further to previous announcements, the assays received from Blackjack drilling continue to support the initial comparisons between the historic drillholes and NMR's diamond holes and are demonstrating results that are better than the original historic drilling, reinforcing NMR's belief that the historically defined gold mineralisation at Blackjack is being successfully replicated by the current drilling. The current drill holes are twins of historic holes, however are not complete replications of the original holes. NMR is expecting to see corresponding patterns of mineralisation, rather than exact matches in depth, grade and intercept length. The drilling is adjacent to Blackjack's three existing oxide pits . These pits were previously mined for oxide material in the 1980s, with the deepest pit only 25m deep. However, no accurate and complete records for previous mining or processing of the oxide material, which was heap leached onsite, are available. Analysis of the results from the two holes completed demonstrate that the gold mineralisation is associated with narrow quartz veins in altered granites and appears to be nuggetty in nature. Comparison to the historic drillholes, all of which were Reverse Circulation (RC) drillholes, has demonstrated a good correlation between the original hole and NMR's hole, though there is some variance in the width of the intercept and the grade of the mineralised zones, partly due to different drilling technique and the nuggety nature of the gold mineralisation. BJD212 shows a 1.33m intercept averaging 0.60/t Au from 33m against its twin hole 99BJRC139, which returned a 3m intercept averaging 8.99g/t Au from 30m and is based on a 1m intercept of 26g/t Au (Figure 2). BJD212 also has a peak in gold grade from 52 metres, with an intercept of 3m @ 8.51g/t Au (with a peak of 0.2m @ 108.0g/t Au). This corresponds to hole 99BJRC139's last assay of 1m @ 6.80g/t Au from 53m, demonstrating a good correlation between the historic data and NMR's assay results. The comparison between BJD213 and 99BJRC140 shows both holes having a small intercept of 1m @ 0.66g/t Au from 27m though 99BJRC140 also has 1m @ 1.00g/t Au from 31m, which is not reflected in BJD213 (Figure 3). BJD213 has an intercept of 1m @ 1.62g/t Au from 47m that is based on a 0.1m quartz vein that assays 14.10g/t Au from 47.3m, which aligns with 99BJRC140's 1m & 18.50g/t Au from 48m. The two intercepts show very good correlation between the two holes. The above historical results are exploration results collected by Citigold between approximately 1980 to 1999 and have previously been announced by Native Mineral Resources. The Company states the following cautionary note related to the historical drilling references: These results from available sources are not reported in accordance with the JORC Code 2012; A competent person has not done sufficient work to disclose the results in accordance with the JORC Code 2012; It is possible that following further evaluation and/or verification work that any level of confidence in the results may be reduced when reported under the JORC Code 2012; Issues relating to available data of the historical drilling have been identified and summarised above; and The Company is in the process of validating the historical results, as outlined above, and therefore is not to be regarded as reporting, adopting or endorsing those results. Announcement • Jan 13
Native Mineral Resources Holdings Limited Announces Change of Registered Office Native Mineral Resources Holdings Limited advised that effective 13 January 2025, the Company's registered office will change to: Level 37 180 George Street Sydney NSW 2000. The Company's principal place of business, postal address and contact numbers remain unchanged. Announcement • Nov 13
Native Mineral Resources Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 15.934925 million. Native Mineral Resources Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 15.934925 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 398,373,124
Price\Range: AUD 0.04
Transaction Features: Regulation S; Rights Offering Announcement • Nov 12
Native Mineral Resources Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 3.463731 million. Native Mineral Resources Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 3.463731 million.
Security Name: Orinary Shares
Security Type: Common Stock
Securities Offered: 86,593,281
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Transaction Features: Subsequent Direct Listing New Risk • Oct 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 98% 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 Shares are highly illiquid. Negative equity (-AU$1.7m). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.76m market cap, or US$6.05m). New Risk • Sep 30
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 Shares are highly illiquid. Negative equity (-AU$411k). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.51m market cap, or US$3.82m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (30% increase in shares outstanding). Announcement • Sep 20
Native Mineral Resources Holdings Limited, Annual General Meeting, Nov 01, 2024 Native Mineral Resources Holdings Limited, Annual General Meeting, Nov 01, 2024. New Risk • Jul 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 78% 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 Negative equity (-AU$411k). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$5.25m market cap, or US$3.44m). Announcement • Jul 27
Native Mineral Resources Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 2.2 million. Native Mineral Resources Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 2.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 52,462,628
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 57,537,372
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Transaction Features: Subsequent Direct Listing Announcement • Jul 18
Native Mineral Resources Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 2.2 million. Native Mineral Resources Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 2.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 52,462,628
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 57,537,372
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Transaction Features: Subsequent Direct Listing Announcement • Jun 13
Native Mineral Resources Holdings Limited Announces Change of Company Secretary Native Mineral Resources Holdings Limited announced that it has appointed Ms Natalie Teo as Company Secretary with effect from 11 June 2024, following the resignation of Mrs. Patricia Vanni de Oliveira. Ms Teo brings 10 years' experience in listing rules compliance and corporate governance and has acted as company secretary of several ASX listed companies. She is also an Associate of the Governance Institute of Australia. New Risk • Mar 16
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$2.7m 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$2.7m free cash flow). Shares are highly illiquid. Negative equity (-AU$411k). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (75% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.20m market cap, or US$2.75m). Board Change • Feb 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. 3 experienced directors. No highly experienced directors. Non-Executive & Independent Director Phil Gardner was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 19
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. Non-Executive & Independent Director Phil Gardner was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 19
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. Non-Executive & Independent Director Phil Gardner was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 27
Native Mineral Resources Holdings Limited, Annual General Meeting, Oct 27, 2023 Native Mineral Resources Holdings Limited, Annual General Meeting, Oct 27, 2023, at 11:01 AUS Eastern Standard Time. Location: Source Governance Suite 4201, Level 42 Australia Square, 264-278 George Street Sydney New South Wales Australia Agenda: To consider financial statements and reports; remuneration report; director re-election; ratification of prior issue of placement shares; approval of issue of placement options; and to discuss other matters. Announcement • Sep 19
Native Mineral Resources Holdings Limited Appoints Mrs. Patricia Vanni De Oliveira as Company Secretary Native Mineral Resources Holdings Limited announced the appointment of Mrs. Patricia Vanni de Oliveira as Company Secretary, effective immediately. Ms Patricia Vanni de Oliveira is a qualified lawyer and has over 15 years' professional experience in corporate governance roles internationally and 5 years working as a company secretary for Australian ASX listed, unlisted, and not-for-profit companies. Ms Vanni de Oliveira holds a Bachelor of Laws and is admitted to practice in Brazil and in Victoria, Australia. She is also an Affiliate of the Governance Institute of Australia. New Risk • Aug 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 64% 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$5.0m free cash flow). Shares are highly illiquid. Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (64% increase in shares outstanding). Revenue is less than US$1m (AU$14k revenue, or US$8.7k). Market cap is less than US$10m (AU$6.90m market cap, or US$4.44m). Board Change • Aug 21
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. Non-Executive & Independent Director Phil Gardner was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jul 20
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Non-Executive & Independent Chairman James Walker is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • May 02
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Non-Executive & Independent Chairman James Walker is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 31
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Non-Executive & Independent Chairman James Walker is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 
