Tillkännagivande • Apr 08
Octava Minerals Limited (ASX:OCT) completed the acquisition of Byro Mining Pty Ltd. Octava Minerals Limited (ASX:OCT) signed a binding conditional agreement to acquire Byro Mining Pty Ltd for AUD 0.55 million on January 24, 2024. As part of the consideration, Octava Minerals Limited shall issue 8.51 in shares and 2 million in performance rights subject to the publication of a scoping study, or equivalent higher-level study on the Tenements. All Shares under the transaction are to be subject to mandatory ASX escrow. The transaction is subject to due diligence, Octava and Byro each obtaining all necessary board, shareholder and regulatory approvals. The transaction received approval from the shareholders of Octava Minerals Limited.
As of January 28, 2026 Octava Minerals Ltd. has agreed with the vendors to vary the terms of its Agreement for the acquisition of the Byro REE Project. (the Byro Agreement). Under the terms of the agreement the parties have agreed to extend 24 month sunset clause by which time the conditions precedent to 31 March 2026. The parties have agreed to issue Performance Rights instead of the granting of a right to 2,000,000 shares, with the Performance Rights having the same study publication milestone for conversion to shares.
Octava Minerals Limited (ASX:OCT) completed the acquisition of Byro Mining Pty Ltd on April 7, 2026. Tillkännagivande • Oct 28
Octava Minerals Limited, Annual General Meeting, Nov 26, 2025 Octava Minerals Limited, Annual General Meeting, Nov 26, 2025. Location: at level 5, 191 st georges terrace, perth wa Australia Tillkännagivande • Jul 25
Octava Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Octava Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,250,000
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,750,000
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Dec 04
Global Lithium Resources Limited (ASX:GL1) acquired Talga Project from Octava Minerals Limited (ASX:OCT) for AUD 0.40 million. Global Lithium Resources Limited (ASX:GL1) acquired Talga Project from Octava Minerals Limited (ASX:OCT) for AUD 0.40 million on December 3, 2024. A cash consideration of AUD 0.2 million will be paid by Global Lithium Resources Limited. The consideration consists of common equity of Global Lithium Resources Limited having a value of AUD 0.2 million to be issued for assets of Talga Project. As part of consideration, AUD 0.4 million is paid towards assets of Talga Project.
Global Lithium Resources Limited (ASX:GL1) completed the acquisition of Talga Project from Octava Minerals Limited (ASX:OCT) on December 3, 2024. New Risk • Oct 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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 Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (AU$6.81m market cap, or US$4.50m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Tillkännagivande • Oct 08
Octava Minerals Limited, Annual General Meeting, Nov 27, 2024 Octava Minerals Limited, Annual General Meeting, Nov 27, 2024. New Risk • Sep 25
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. Market cap is less than US$10m (AU$4.50m market cap, or US$3.10m). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Tillkännagivande • Oct 12
Octava Minerals Limited, Annual General Meeting, Nov 30, 2023 Octava Minerals Limited, Annual General Meeting, Nov 30, 2023. New Risk • Sep 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% 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 No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (AU$3.65m market cap, or US$2.33m). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Tillkännagivande • Sep 12
Octava Minerals Limited (ASX:OCT) entered into agreement to acquire 30% stake in Talga Project for AUD 0.3 million. Octava Minerals Limited (ASX:OCT) entered into agreement to acquire 30% stake in Talga Project for AUD 0.3 million on September 11, 2023. The consideration will be paid in - AUD 0.2 million cash, 1.2 ordinary shares and a net smelter royalty of 0.75%. The sale be completed within 5 business days. Tillkännagivande • Jun 28
Octava Minerals Limited Appoints Mr. Feiyu Qi as Non-Executive Director Octava Minerals Limited announced the appointment of Mr. Feiyu Qi as a Non-Executive Director. Mr. Qi is the current CEO of Fuyang New Energy Development Co. Ltd. Mr. Qi graduated from Shanghai University with a major in Project Management and has more than 20 years' experience in this field. He has provided professional business advice to a number of international companies including King Power Group (Hong Kong) and Luolai Home Textiles. Mr. Qi's broad range of relevant industry experience will add significant value to the Board of Octava. Fuyang New Energy Development Co. Ltd. is an investment enterprise specialising in development and processing of projects in the new energy sector. More specifically they are involved in the fields of photovoltaic systems, wind power, solar energy and lithium battery storage, including lithium processing and battery manufacturing in China. They are able to provide comprehensive solutions across the whole cycle of new energy development, such as research and development, investment, design, construction and operational management. Octava and Fuyang look forward to fully developing this strategic partnership together to grow the business, including in the areas of exploration, business development, potential offtake and project development support. Fuyang also have investments in Patagonia Lithium and Power Minerals (PNN) with both looking to develop lithium production projects both within Australia and Overseas. Tillkännagivande • Feb 16
Octava Minerals Limited Identifies the Presence of a New Lithium Prospect at Talga Octava Minerals Ltd. announced that field reconnaissance has identified the presence of a new lithium prospect at Talga, named Nimerry, located 3km to the east of the Pinnacle Well lithium prospect and ~10km northeast of the Archer Lithium Deposit (18Mt @ 1.0% Li2O). Multiple pegmatites have been identified at the Nimerry prospect which are hosted within greenstones close to the granite greenstone contact, which is an important target geology used in the discovery of lithium mineralised pegmatites in the Pilbara. These pegmatite outcrops varied in size, with the largest identified being approximately 30m in width and over 60m in length. Early indications are that Nimerry could be similar in size to Pinnacle Well which stands at 1.5km2. The pegmatites have been sampled and sent to the laboratory for analysis, with results expected by the end of February. The company has also received assay results of the initial soil sampling program (2001 samples) and rock chip sampling (39 samples) with results confirming the large 1.5 km lithium anomaly previously identified at Pinnacle Well using pXRF Li analysis of the soil samples. A significant number of assay results were in excess of 100ppm lithium with a maximum value of 203ppm lithium. Similar to the Pinnacle Well lithium prospect, where lithium mineralisation has been identified, Nimerry is also proximal to the Mooyella Monzogranite and other late-stage granite intrusions which are considered as the source intrusions to the lithium pegmatite mineralisation in the region. It also has similar proximity to the Moolyella Tin and Tantalum alluvial field. As announced on 10 November 2022, multiple pegmatite targets have been identified at Talga through remote sensing work, with a number of priority areas now being targeted with field evaluation. Multiple pegmatites have now been identified in the field at Pinnacle Well and Nimerry prospects. The Talga lithium project has ~20km of granite-greenstone contact zones which are prospective for LCT (lithium cesium tantalum) mineralisation with new targets being added. Octava is conducting a systematic exploration program to identify and prioritise targets for an extensive drill program to commence at the conclusion of the current wet season. With recent heavy rainfall, access to some of the lithium targets at Pinnacle Well and Nimerry was restricted. Field reconnaissance of these and other targets nearby will occur as soon as weather permits. Results for the samples that were collected are expected by the end of February. The large lithium anomaly at the Pinnacle Well prospect identified using pXRF analysis of the initial soil samples has now been confirmed through receipt of the laboratory results. A significant number of assay results were in excess of 100ppm lithium with a maximum value of 203ppm lithium. Considering the mobility of lithium in the weathered environment, these results are highly encouraging. Appendix 1 contains location and results of samples with Li>100ppm. The drilling program will test prospects defined by significant soil geochemistry anomalies coincident with favourable structures within targeted geology from field mapping. Next Steps The priority at Talga is advancing towards drill-ready status, which will include the following: Awaiting laboratory analysis of rock chips from Nimerry. Field reconnaissance to investigate pegmatite extents within greenstone east of Nimerry. Finalise locations of the inaugural exploration drilling program at Pinnacle Well and Nimerry prospects. Conduct exploration drill program to test priority lithium targets. 