Tillkännagivande • Oct 28
Arcadia Minerals Limited, Annual General Meeting, Nov 27, 2025 Arcadia Minerals Limited, Annual General Meeting, Nov 27, 2025. Tillkännagivande • Apr 30
Arcadia Minerals Limited announced that it has received AUD 0.15 million in funding Arcadia Minerals Limited announced that it has completed a private placement transaction by issuing convertible unsecured non-recourse loan facility having an interest rate of 10% for aggregate gross proceeds of AUD 150,000 on April 30, 2025. Tillkännagivande • Oct 10
Arcadia Minerals Limited, Annual General Meeting, Nov 26, 2024 Arcadia Minerals Limited, Annual General Meeting, Nov 26, 2024. New Risk • Sep 28
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$1.9m 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$1.9m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$2.5k revenue, or US$1.7k). Market cap is less than US$10m (AU$4.10m market cap, or US$2.83m). Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding). Board Change • May 10
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 Director Andrew Law was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 10
Arcadia Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million. Arcadia Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Chess Depository Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 8,333,333
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Transaction Features: Subsequent Direct Listing Board Change • Apr 02
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 Director Andrew Law was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 02
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 Director Andrew Law was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 07
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 Director Andrew Law was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 06
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 Director Andrew Law was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 19
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 Director Andrew Law was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 18
Arcadia Minerals Limited, Annual General Meeting, Nov 15, 2023 Arcadia Minerals Limited, Annual General Meeting, Nov 15, 2023. Board Change • Sep 29
Less than half of directors are independent There are 5 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: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Director Johan Le Roux is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Andrew Law was the last independent director to join the board, commencing their role in 2021. 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 • Aug 24
Less than half of directors are independent There are 5 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: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Director Johan Le Roux is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Andrew Law was the last independent director to join the board, commencing their role in 2021. 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. New Risk • Jul 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.8m free cash flow). Share price has been highly volatile over the past 3 months (40% average weekly change). Revenue is less than US$1m (AU$32k revenue, or US$21k). Market cap is less than US$10m (AU$10.3m market cap, or US$6.91m). Minor Risk Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Board Change • Apr 06
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 Director Andrew Law was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 04
Arcadia Minerals Ltd Announces Positive Lithium Drill Assays Received at the Madube Pan Arcadia Minerals Ltd. announced the assay results for all the holes drilled at Madube pan, indicating similar grades to the Eden Pan, where a Lithium JORC resource has previously been defined. Assay results were received from the drilling campaign completed at the Madube Pan during December 2022. A total of twenty-three holes were drilled at the Company's Bitterwasser Lithium Clay Project in the Madube Pan prospect, which is one of 14 exposed pans within the Bitterwasser Basin. Results from the drilling campaign at the Madube Pan confirms that the central portion of the Madube Pan returned elevated lithium levels from green clay lithological units, which is similar to what is encountered at the Eden Pan where a JORC Mineral Resource was defined of 286,909t Li2CO3 using a 500ppm Li cut-off. In applying a cut-off of 500ppm at the Madube Pan, eight of the holes drilled intersected clays of more than 500 ppm Lithium content. The Madube Pan is 517 hectares in extent and is the second of 14 exposed pans drilled within the Bitterwasser Clay Project. Drilling operations commenced in October 2022 and was completed in December 2022. Samples were sent to Scientific Services in South Africa in December 2022 for analyses and the results of the final assays were received late in January 2023. An independent JORC compliant Mineral Resource statement for the Madube pan is expected to be completed by April 2023. The Eden Pan, which is 1,414 hectares in size, has revealed similar lithology and mineralisation as to what is seen at the Madube Pan. The Mineral Resource at Madube Pan is expected to meaningfully expand the lithium in clays tonnage of the Bitterwasser Lithium Clay Project. Notably, both the Eden and Madube pans have only been drilled to a depth of up to 18m from surface, so the potential for further mineralised zones at depth exists over both prospects. In addition, the Company has been doing testwork at the University of Stellenbosch to extract the lithium from the clays using both sulphuric acid and organic acid. The Company expects to provide the results from this work during February. Bitterwasser Lithium in Clays Project Mineral Resource: The Company confirms that it is not aware of any new information or data that materially affects the information included in the Bitterwasser Mineral Resource estimate and all material assumptions and technical parameters underpinning the estimate continue to apply and have not materially changed when referring to its updated resource announcement made on 24 August 2022. The Company confirms the form and context in which the Competent Person's findings are presented and have not been materially modified from the original market announcement. The information in this announcement that relates to Mineral Resources complies with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Board Change • Nov 16
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 Director Andrew Law was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 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. 3 non-independent directors. Independent Non-Executive Director Andrew Law was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 