Tillkännagivande • Jul 10
Chilwa Minerals Limited has filed a Follow-on Equity Offering in the amount of $5.75 million. Chilwa Minerals Limited has filed a Follow-on Equity Offering in the amount of $5.75 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock) Board Change • Apr 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. Non-Executive Independent Director Jose Martins was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 17
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$14m 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$14m free cash flow). Earnings have declined by 49% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (AU$86.2m market cap, or US$60.9m). New Risk • Nov 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% 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 Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$94.6m market cap, or US$61.7m). New Risk • Nov 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% 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 Risk Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (AU$85.5m market cap, or US$55.2m). Tillkännagivande • Oct 24
Chilwa Minerals Limited has filed a Follow-on Equity Offering. Chilwa Minerals Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,063,001
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,708,527
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 20
Chilwa Minerals Limited Announces Board Changes The Board of Chilwa Minerals Limited announced the following changes to its composition. Mr. Dennis Wilkins will resign from his role as Non-Executive Director but will continue to serve as Company Secretary. Mr. José Martins has been appointed to the Board of Directors to succeed Mr. Wilkins. Mr. Martins is a Chartered Accountant and formerly served as Chief Financial Officer of ASX listed Macmahon Holdings and Ausdrill (now Perenti). He has substantial experience with Africa-based resource companies and most recently as CFO of Alliance Mining Commodities Limited which held a mining concession for the development of the Koumbia Bauxite Project in the Republic of Guinea. José currently holds the positions of Chairman at Atlas Pearls and Non-Executive Director at GenusPlus. Tillkännagivande • Oct 02
Chilwa Minerals Limited, Annual General Meeting, Nov 27, 2025 Chilwa Minerals Limited, Annual General Meeting, Nov 27, 2025. Recent Insider Transactions Derivative • Aug 05
Founder exercised options to buy AU$1.8m worth of stock. On the 30th of July, Cadell Buss exercised options to buy 2m shares at a strike price of around AU$1.11, costing a total of AU$1.9m. This transaction amounted to 311% of their direct individual holding at the time of the trade. Since September 2024, Cadell's direct individual holding has increased from 544.80k shares to 553.80k. Company insiders have collectively bought AU$2.0m more than they sold, via options and on-market transactions, in the last 12 months. Tillkännagivande • Aug 04
Chilwa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.152421 million. Chilwa Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.152421 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,907,068
Price\Range: AUD 1.05
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 47,619
Price\Range: AUD 1.05
Transaction Features: Subsequent Direct Listing New Risk • Jul 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 45% 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 200% over the past year. Shareholders have been substantially diluted in the past year (45% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$107.3m market cap, or US$69.4m). Tillkännagivande • Jan 16
Chilwa Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 6.236292 million. Chilwa Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 6.236292 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 325,581
Price\Range: AUD 0.86
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,287,070
Price\Range: AUD 0.86
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,638,851
Price\Range: AUD 0.86
Transaction Features: Subsequent Direct Listing New Risk • Nov 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.8% 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 Risk Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Market cap is less than US$100m (AU$65.8m market cap, or US$42.8m). New Risk • Oct 04
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$3.5m 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$3.5m free cash flow). 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$62.3m market cap, or US$42.6m). Tillkännagivande • Sep 12
Chilwa Minerals Limited, Annual General Meeting, Nov 07, 2024 Chilwa Minerals Limited, Annual General Meeting, Nov 07, 2024. New Risk • Jun 19
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 16% 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 (16% average weekly change). Revenue is less than US$1m (AU$1.5k revenue, or US$990). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (AU$53.4m market cap, or US$35.6m). New Risk • Feb 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 17% 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 (17% average weekly change). Negative equity (-AU$469k). Revenue is less than US$1m. Market cap is less than US$10m (AU$12.1m market cap, or US$7.80m). Minor Risk Less than 3 years of financial data is available. Tillkännagivande • Nov 02
Chilwa Minerals Limited, Annual General Meeting, Nov 30, 2023 Chilwa Minerals Limited, Annual General Meeting, Nov 30, 2023, at 16:00 W. Australia Standard Time. Location: PKF Perth, Level 5, 35 Havelock Street West Perth Western Australia Australia Agenda: To receive and consider the Financial Report of the Company, the Directors' Report (including the Remuneration Report) and the Auditor's Report for the financial year ended 30 June 2023; to consider adoption of remuneration report; to consider election of Manuel Mota as a director; and to consider Dennis Wilkins as a director. New Risk • Sep 29
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$469k 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 Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-AU$469k). Revenue is less than US$1m. Market cap is less than US$10m (AU$10.8m market cap, or US$6.93m). Minor Risk Less than 3 years of financial data is available. Board Change • Jul 05
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. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
