Announcement • May 21
Lion Rock Minerals Ltd has filed a Follow-on Equity Offering in the amount of AUD 2 million. Lion Rock Minerals Ltd has filed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 100,000,000
Price\Range: AUD 0.02
Transaction Features: Subsequent Direct Listing Announcement • Sep 25
Lion Rock Minerals Ltd, Annual General Meeting, Nov 20, 2025 Lion Rock Minerals Ltd, Annual General Meeting, Nov 20, 2025. Location: at suite 23, 513 hay street, western australia, subiaco, Australia Announcement • Mar 19
Peak Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.041688 million. Peak Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.041688 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 140,538,186
Price\Range: AUD 0.008
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 114,672,840
Price\Range: AUD 0.008
Transaction Features: Rights Offering Announcement • Feb 04
Peak Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.041688 million. Peak Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.041688 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 255,211,026
Price\Range: AUD 0.008
Transaction Features: Rights Offering Announcement • Dec 13
Peak Minerals Limited announced that it has received AUD 3.21125 million in funding On December 12, 2024. Peak Minerals Limited has closed the transaction. it has issued 12,845,000 common shares of the Company at a price of AUD 0.25 per Common Share for aggregate gross proceeds of AUD 3,211,250. The Company issued 277,800 broker warrants and paid AUD 69,450 in cash with respect to a portion of the Offering. The Broker Warrants will be exercisable at a price of AUD 0.25 per Broker Warrant, expiring 12 months from the date of issuance. New Risk • Oct 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 140% 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 Share price has been highly volatile over the past 3 months (49% average weekly change). Negative equity (-AU$658k). Shareholders have been substantially diluted in the past year (140% increase in shares outstanding). Revenue is less than US$1m (AU$72k revenue, or US$48k). Market cap is less than US$10m (€7.69m market cap, or US$8.34m). Board Change • Oct 18
High number of new directors Non-executive Director Phillip Gallagher was the last director to join the board, commencing their role in 2024. Announcement • Oct 01
Peak Minerals Limited, Annual General Meeting, Nov 20, 2024 Peak Minerals Limited, Annual General Meeting, Nov 20, 2024. Location: at suite 23, 513 hay street, subiaco, western australia., Australia Announcement • Jul 20
Peak Minerals Limited agreed to acquire Uranium and rutile projects in Cameroon. Peak Minerals Limited agreed to acquire Uranium and rutile projects in Cameroon on July 5, 2024. New Risk • Jul 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% 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 Share price has been highly volatile over the past 3 months (50% average daily change). Negative equity (-AU$255k). Revenue is less than US$1m (AU$72k revenue, or US$48k). Market cap is less than US$10m (€3.69m market cap, or US$4.04m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Announcement • Jul 05
Peak Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.958066 million. Peak Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.958066 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 479,032,806
Price\Range: AUD 0.002
Transaction Features: Rights Offering Board Change • Jul 01
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 Director & Company Secretary Mat O’Hara was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 12
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$255k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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$1.0m free cash flow). Share price has been highly volatile over the past 3 months (35% average weekly change). Negative equity (-AU$255k). Revenue is less than US$1m (AU$62k revenue, or US$41k). Market cap is less than US$10m (€1.58m market cap, or US$1.72m). Announcement • Oct 02
Peak Minerals Limited, Annual General Meeting, Nov 23, 2023 Peak Minerals Limited, Annual General Meeting, Nov 23, 2023, at 11:00 W. Australia Standard Time. Agenda: To consider the election of Directors. Announcement • Jun 02
Peak Minerals Limited Announces Resignation of Jennifer Neild as Chief Executive Officer Peak Minerals Ltd. announced that Jennifer Neild has given notice of her resignation from her role as Chief Executive Officer of the Company. Ms Neild will be available over the 3-month notice period in order to assist the Company while it looks for a suitable replacement and also allows for an orderly transition. Announcement • Feb 10
Peak Minerals Limited Announces Diamond Drilling Underway At Earaheedy Project Peak Minerals Limited announced that diamond drilling has commenced at its 100% owned Earaheedy Project, located in the Murchison province of Western Australia. The co-funded program will utilise the $132,000 grant which is part of the Western Australian Government's Exploration Incentive Scheme (EIS). The program will test VTEM conductors below the large (1.1km x 2.0km) near-surface, secondary copper blanket. Elevated Cu, Co, Ni, Ag, Bi, Ba and Mo in historical soil and lag sampling as well as rotary air blast (RAB) and air core (AC) drilling have aided in the identification of the two targets at the Cork Tree prospect. The Earaheedy Project is located 28km southeast of Sandfire Resources Ltd.'s DeGrussa Copper-Gold Mine. The tenure comprises the western extremity of the Earaheedy Basin and consists of the Cork Tree and Merah prospects. Rumble Resources Ltd. are currently drilling out the Chinook Pb-Zn-Ag deposit approximately 80km to the east, within the same basin. In 2021, Peak drilled 3m at 1.52% Cu from 86m extending the known mineralisation halo. A number of conflicting historical tenement reports suggest that this western extremity of the Earaheedy Basin is poorly understood and requires stratigraphic mapping. Mineralisation could be found within the Yelma Formation dolomites and shales, or Yerrida Basin rocks proximal to the mantle tapping southern boundary fault. There is potential that the basement rock is either mafic or felsic volcanic in nature and provide a preferential host for mineralisation. Historical sampling, drilling and recent reprocessing of VTEM have guided the drillhole planning and ultimately produced several prospective targets. Board Change • Nov 17
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 Robert Boston was the last independent director to join the board, commencing their role in 2017. 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. 2 non-independent directors. Independent Non-Executive Chairman Robert Boston was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Executive Departure • May 19
Director has left the company On the 11th of May, David Leavy's tenure as Director ended after 3.8 years in the role. As of December 2020, David personally held only 2.88m shares (€37k worth at the time). A total of 2 executives have left over the last 12 months. 