Board Change • May 20
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Chris Gregory was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Chris Gregory was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Chris Gregory was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 23
MRG Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.73 million. MRG Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.73 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 146,000,000
Price\Range: AUD 0.005
Discount Per Security: AUD 0.0003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 13
MRG Metals Ltd, Annual General Meeting, Nov 17, 2025 MRG Metals Ltd, Annual General Meeting, Nov 17, 2025. Location: william buck, level 20, 181 william street, melbourne, victoria Australia Tillkännagivande • Jul 18
MRG Metals Ltd has announced a Derivatives Offering in the amount of AUD 0.817956 million. MRG Metals Ltd has announced a Derivatives Offering in the amount of AUD 0.817956 million.
Security Name: Options
Security Type: Equity Option
Securities Offered: 817,955,588
Price\Range: AUD 0.001
Transaction Features: Rights Offering Board Change • Feb 04
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Chris Gregory was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Chris Gregory was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 18
MRG Metals Ltd, Annual General Meeting, Nov 21, 2024 MRG Metals Ltd, Annual General Meeting, Nov 21, 2024. Location: at william buck, level 20, 181 william street, melbourne, victoria Australia Tillkännagivande • Mar 12
MRG Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.04 million. MRG Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.04 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: AUD 0.002
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Feb 06
MRG Metals Ltd, Annual General Meeting, Mar 08, 2024 MRG Metals Ltd, Annual General Meeting, Mar 08, 2024, at 12:00 AUS Eastern Standard Time. Location: RSM Australia, Level 27, 120 Collins Street Melbourne Victoria Australia Agenda: To consider and approve the Ratification of prior issue of Placement Shares and Placement Options to Placement Shareholders; to consider the Ratification of prior issue of Shares to Phillip Hall; to consider; to consider the Ratification of prior issue of Shares and Options to Millwest Investments Pty Ltd; to consider the Approval of proposed issue of Shares and Options to Peak Asset Management; to consider the Approval of proposed issue of Placement Shares and Placement Options to Andrew Van Der Zwan; and to consider other business matters. Tillkännagivande • Dec 07
MRG Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.53 million. MRG Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.53 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 265,000,000
Price\Range: AUD 0.002
Discount Per Security: AUD 0.00012
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 27
MRG Metals Ltd, Annual General Meeting, Nov 28, 2023 MRG Metals Ltd, Annual General Meeting, Nov 28, 2023, at 12:00 AUS Eastern Standard Time. Location: at RSM Australia, Level 21, 55 Collins Street Melbourne Victoria Australia Agenda: To receive and consider the Financial Report, Director's Report and Auditor's Report on the Company and its controlled entities for the financial year ended 30 June 2023; to consider the Adoption of Remuneration Report; to consider the Re-election of Mr Shane Turner as a Director of the Company; to consider the Ratification of prior issue of Placement Shares and Placement Options to Placement Shareholders under ASX Listing Rule 7.1; to consider the Ratification of prior issue of Shares under ASX Listing Rule 7.1; and to consider the Approval of additional placement capacity. New Risk • Sep 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$1.9m free cash flow). Share price has been highly volatile over the past 3 months (41% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$5.46m market cap, or US$3.52m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Sep 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$1.9m free cash flow). Share price has been highly volatile over the past 3 months (41% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$6.56m market cap, or US$4.18m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (25% increase in shares outstanding). Tillkännagivande • Jan 09
Mrg Metals Limited Announces Excellent New Game Changer Discoveries At Corridor MRG Metals Limited announced an extensive exploration program planned by the Company for 2023. The activities are compelled by the excellent Fourth Quarter 2022 results from aircore drilling and associated laboratory Total Heavy Mineral (THM) % and from detailed mineralogical investigations at Corridor Central (11142C), Corridor South (11137C) and Marao (6842L) licences. Aircore drilling within the Corridor licences focused on the red sand/white sand lithological boundary where previous mineralogical investigations showed significantly higher Valuable Heavy Mineral (VHM) content of the Heavy Mineral Concentrate (HMC) in the red sand close to the boundary compared to what was found in the Koko Massava, Nhacutse and Poiombo Mineral Resource Estimations (MREs); studies also showed very high VHM in the white sand. The drilling therefore aimed to target areas with significantly better VHM % than used in the Corridor Sands Preliminary Economic Assessment (PEA) average of 41% VHM found within the Koko Massava MRE areaor the average 45% VHM from the >4% THM Nhacutse and Poiombo MRE area. The aircore drilling resulted in the discovery of the new Azaria Target east of the Koko Massava deposit within the white sand lithology. This new large approximately 8.0 km² discovery has very high VHM of 72.4% and additionally 9.1% Titanomagnetite. The Malambane Target within the red sand lithology, close to the red sand/white sand boundary, was infill drilled and returned very high laboratory average THM results of 5.93% and average mineralised depth of 19.5m from 5 aircore holes within the target. Additionally, comprehensive mineralogical studies showed high VHM results of 61.6% and 21.0% Titanomagnetite. The Malambane Target falls inside the >4% THM grade MRE of the Poiombo deposit, but importantly falls outside the high grade (>5% THM) PEA pit optimised areas. Malambane therefore has the potential to add very high grade and significantly higher VHM material to a PEA update. The aircore drilling also resulted in the discovery of the new Cihari Target, north-east of the Nhacutse deposit at the edge of the red sand lithology. This new discovery has very high VHM of 58.1.4% and additionally 21.6% Titanomagnetite. Aircore drilling at Viaria and Zulene returned similar high VHM results of 63.5% and 19.1% Titanomagnetite at Viaria and 62.6% VHM with 19.6% Titanomagnetite at Zulene. Aircore drilling at Marao (6842L) on the Magonde, Maduacua and Mandende Targets showed the Magonde Target as a very high-grade target, supported by mineralogical studies of the heavy mineral concentrate that showed high VHM of 58.2% and additionally 15.1% Titanomagnetite. The exploration activities and 2023 HMS work plan will focus on new data to update and hopefully further increase the already substantial NPV for the Corridor Project. This will likely comprise infill /extension aircore drilling, mineralogical and metallurgical studies, with new grade and metallurgical recovery work to be undertaken initially on Azaria and Malambane drill samples. Board Change • Nov 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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Chris Gregory was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year 2022 earnings released: EPS: AU$0 (vs AU$0 in FY 2021) Full year 2022 results: EPS: AU$0 (in line with FY 2021). Net loss: AU$702.3k (loss widened 5.5% from FY 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Chris Gregory was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 18
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0 (vs AU$0 in 1H 2021). Net loss: AU$373.0k (loss narrowed 10% from 1H 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. 