Tillkännagivande • Mar 12
Evolution Energy Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.15 million. Evolution Energy Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00015
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Feb 11
Evolution Energy Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.03283 million. Evolution Energy Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.03283 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 168,855,338
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00015
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 100,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Transaction Features: Rights Offering Board Change • Dec 30
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. MD & Director Craig Moulton is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 07
Evolution Energy Minerals Limited, Annual General Meeting, Nov 27, 2025 Evolution Energy Minerals Limited, Annual General Meeting, Nov 27, 2025. Tillkännagivande • Sep 17
Evolution Energy Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.750602 million. Evolution Energy Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.750602 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 95,060,191
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0001
Security Features: Attached Options
Transaction Features: Rights Offering Tillkännagivande • Sep 10
Evolution Energy Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million. Evolution Energy Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0001
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Sep 05
Metals One PLC (AIM:MET1) acquired a 10.45% stake in Evolution Energy Minerals Limited (ASX:EV1) from Marvel Gold Limited (ASX:MVL) for AUD 0.42 million. Metals One PLC (AIM:MET1) acquired a 10.45% stake in Evolution Energy Minerals Limited (ASX:EV1) from Marvel Gold Limited (ASX:MVL) for AUD 0.42 million on September 3, 2025. In related transaction, Metals One will underwrite a portion of Evolution's announced Rights Issue at AUD 0.01 up to AUD 530,000 (approximately £257,000) (the "Underwriting") of the fully underwritten AUD 1.45 million total Rights Issue.
Beaumont Cornish Limited is nominated adviser of Metals One.
Metals One PLC (AIM:MET1) completed the acquisition of a 10.45% stake in Evolution Energy Minerals Limited (ASX:EV1) from Marvel Gold Limited (ASX:MVL) on September 3, 2025. Tillkännagivande • Aug 14
Evolution Energy Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.450602 million. Evolution Energy Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.450602 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.01
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 95,060,200
Price\Range: AUD 0.01
Security Features: Attached Options
Transaction Features: Rights Offering Tillkännagivande • Apr 07
Evolution Energy Minerals Limited Announces Resignation of Robin Birchall as Chair and Non-Executive Director Evolution Energy Minerals Limited advised that Mr. Robin Birchall has resigned from his position as Chair and Non-Executive Director of Evolution, subject to the appointment of Mr. Paul Atherley. A new Chair of the Board will be appointed at the next Board Meeting. Tillkännagivande • Oct 21
Evolution Energy Minerals Limited Provides Significant Update on the Planned Development of the Chilalo Graphite Project in Southeast Tanzania Evolution Energy Minerals Limited provided a significant update on the planned development of the Chilalo Graphite Project in southeast Tanzania. The Company is advancing towards FID, focused on key priorities: 1. Definitive Feasibility Study - Updated. Optimisation of capital and operating costs to maximise the project's economic return. Evaluating opportunities for mineral resource and mine life extension. 2. Materially reducing the business overheads related to non-core activities. 3. Confirmation of support by offtake partners and major investors The Company released the UDFS1 for Chilalo in March 2023, which demonstrated a high-quality project based on average annual throughput of 500ktpa at 10.6% TGC to produce 52ktpa of graphite concentrate for downstream processing. Excluding further downstream enhancements, and with a 17-year life of mine, the project generates an NPV8 of US$338 million and IRR of 32%. As the Company works with its financiers, offtakers and advisors towards a financing solution ahead of a Final Investment Decision in 2025, a review has been undertaken on the key assumptions underpinning the UDFS to ensure they are still appropriate. The Company has also investigated a variety of project enhancement initiatives, all designed to either reduce costs or extend the life of the project. Whilst some options, such as a switch from exporting through Mtwara Port instead of Dar es Salaam, may not be achievable before FID, others such as the Government's plan to connect power to site will provide immediate benefits. These initiatives are summarised below. Activity is also continuing at site in readiness for construction following FID, including road access infrastructure, site power connection and land transfers. Over the past 18 months, the Company has focused on test work and discussions regarding downstream opportunities for Chilalo concentrate. Resource development work will soon begin at Chilalo East, based on drilling completed in September 2023. This will be further supported by infill development drilling, aimed at extending the project's life by adding shallow, low strip ratio mineral resources. The objective is to demonstrate the world-class nature of the project by significantly expanding the existing resource base while also enabling the Company to initiate economic analyses to explore the potential for scaling the plant through modular expansions. Next steps: Evolution's immediate priorities are - Finalise the new management team with the appointment of a new CEO. Continue with work streams to progress towards FID. Expand and update the current Resource base of the project to include Chilalo East Pursue an exploration programme at Chikundu to determine the potential of a recently identified copper. anomaly Following is a summary of the various studies and programs implemented since the UDFS was released. Logistics Pricing Confirmation The Company requested updated pricing from Tier 1 logistics providers to assess transportation costs to Dar es Salaam and Mtwara ports. The Company is pleased to confirm that the new pricing aligns with the UDFS cost estimates. Mtwara Port Study, The Company investigated the potential for Chilalo product to be exported in containers via the Mtwara Port, which would provide a significant operating cost saving due to the shorter driving distance. While it remains an option in the longer term, the infrastructure at Mtwara is not currently at a level that would support Chilalo operations in the mine's early life. Gas + Solar Power Confirmed When the UDFS was released, it was assumed that diesel would be used to fuel the hybrid power station, however discussions with independent power producers has opened up the opportunity to change to an integrated gas with solar solution. A cost and ESG analysis of the power station energy sources has been undertaken, with CNG fired power generation, coupled with solar, now the preferred option. This solution will be more cost effective and significantly lower the proposed carbon footprint. Discussions are advanced with IPPs for the provision of power for the Chilalo mine site. Tailings and Waste Co-mingling Another opportunity identified during the UDFS was the potential for tailings material to be co-mingled with waste to create a geo-stable waste disposal. The Company has undertaken information workshops with the Tanzanian Mining Commission to explain the process and answer any questions. Potential to Convert Dry Tailings into Building Material The Company has commenced formal discussions with Melbourne-based private entity Pure New World Pty Ltd. to investigate an alternative approach to traditional tailings dam management for Evolution's Chilalo project. PNW's novel and patented process encapsulates waste tailings material with their proprietary polymer and significant quantities of waste plastic to produce an end product that can be used as an alternative to concrete. Evolution is enthusiastic about the environmental benefits and carbon credit potential the PNW approach offers. The PNW process could reduce the need for wet tailing dams, effectively recycle mine waste into
building products or safe non-leaching storage and minimise the migration of waste toxins into the environment. Tillkännagivande • Oct 14
Evolution Energy Minerals Limited Appoints Jay Stephenson as CFO Evolution Energy Minerals Limited to provide an update on the recent significant changes to the Company's Board and executive management team. Following the recent resignation of Grant Dyker1, Jay Stephenson, Evolution's Company Secretary has now been appointed as CFO, in addition to his current role as Company Secretary . With a career spanning more than 35 years, Mr. Stephenson possesses extensive experience in business development and company secretarial duties across both listed and unlisted entities. He has held corporate roles as Director, Chief Financial Officer, and Company Secretary overseeing various critical processes such as business acquisitions, mergers, initial public offerings, capital raisings, and business restructuring, in addition to managing all aspects of finance for organisations. Tillkännagivande • Oct 11
Evolution Energy Minerals Limited, Annual General Meeting, Nov 28, 2024 Evolution Energy Minerals Limited, Annual General Meeting, Nov 28, 2024. Tillkännagivande • Sep 12
Evolution Energy Minerals Limited Announces the Resignation of Grant Dyker as Chief Financial Officer, Effective 30 October 2024 Evolution Energy Minerals Limited announced the resignation of its Chief Financial Officer, Grant Dyker, who is stepping down to pursue other opportunities. Mr. Dyker will continue to serve as CFO until 30 October 2024. Accordingly, the Company has commenced the process to seek a successor for Mr. Dyker and expects to make an announcement in due course. Tillkännagivande • Aug 23
Evolution Energy Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.9 million. Evolution Energy Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.9 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,165,630
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 54,334,370
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Transaction Features: Subsequent Direct Listing Tillkännagivande • Aug 15
Evolution Energy Minerals Limited Announces Board Members Evolution Energy Minerals Limited effective August 15, 2024, the following changes have been made to its Board: Mr. Michael Spreadborough, Chair, and Mr. Henk Ludik, Non- Executive Director, have each resigned to focus on other commitments. Mr. Craig Moulton has been appointed as a Non-Executive Director. Mr. Robin Birchall has changed his role from a Non-Executive Director to Non-Executive Chair. Tillkännagivande • Jul 18
Evolution Energy Minerals Limited Announces Resignation of Phil Hoskins as CEO Evolution Energy Minerals Limited announced that Chief Executive Officer, Mr. Phil Hoskins, has tendered his resignation and will leave the Company no later than October 2024. A recruitment process has commenced to identify and secure a new CEO who will be charged with the successful development of the Chilalo Graphite Project in Tanzania. New Risk • Jun 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% 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 (71% average weekly change). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€6.44m market cap, or US$6.90m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (AU$4.0m net loss in 2 years). New Risk • May 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.13m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€9.13m market cap, or US$9.91m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$4.0m net loss in 2 years). Shareholders have been diluted in the past year (29% increase in shares outstanding). Tillkännagivande • Mar 18
Evolution Energy Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.6204 million. Evolution Energy Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.6204 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,860,000
Price\Range: AUD 0.14
Transaction Features: Subsequent Direct Listing New Risk • Mar 14
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$12m Forecast net loss in 2 years: AU$4.0m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. 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. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$4.0m net loss in 2 years). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (€12.9m market cap, or US$14.1m). Tillkännagivande • Jan 16
Evolution Energy Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.6 million. Evolution Energy Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 24,737,744
Price\Range: AUD 0.14
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,119,399
Price\Range: AUD 0.14
Transaction Features: Subsequent Direct Listing New Risk • Nov 01
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$13m 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$13m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€21.3m market cap, or US$22.4m). Breakeven Date Change • Nov 01
Forecast to breakeven in 2026 The analyst covering Evolution Energy Minerals expects the company to break even for the first time. New forecast suggests losses will reduce by 13% per year to 2025. The company is expected to make a profit of AU$2.00m in 2026. Average annual earnings growth of 56% is required to achieve expected profit on schedule. Tillkännagivande • Oct 26
Evolution Energy Minerals Limited, Annual General Meeting, Nov 24, 2023 Evolution Energy Minerals Limited, Annual General Meeting, Nov 24, 2023, at 13:00 W. Australia Standard Time. Location: President's Room, The Celtic Club, 48 Ord Street West Perth West Perth Australia Agenda: To consider the Annual Report of the Company and its controlled entities for the financial year ended 30 June 2023, which includes the Financial Report, the Directors' Report and the Auditor's Report; to consider Adoption of Remuneration Report; to consider Election of Director Stephen Dennis; to consider Election of Director Mike Spreadborough; to consider Election of Director Cameron Dowling; to consider Approval of additional 10% Placement Capacity; to consider Ratification of prior issue of Shares pursuant to Listing Rule 7.1; and to consider other business matters. New Risk • Oct 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% 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 (13% average weekly change). Revenue is less than US$1m. Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$13m). Currently unprofitable and not forecast to become profitable over next 3 years (AU$800k net loss in 3 years). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€19.0m market cap, or US$20.1m). Tillkännagivande • Sep 06
Evolution Energy Minerals Limited Appoints Stephen Dennis as Non-Executive Director Evolution Energy Minerals Limited announced that Mr. Stephen Dennis has been appointed as a non-executive director of the Company, effective immediately. The Company has received a notice from Marvel exercising its right to nominate Mr. Dennis to the Evolution board of directors, as the Marvel Director. Mr. Dennis has been actively involved in the mining industry for over 30 years. He has held senior management positions at a number of Australian resources companies and was previously the Chief Executive Officer and Managing Director of CBH Resources Limited, the Australian subsidiary of Toho Zinc Co. Ltd. of Japan. Mr. Dennis is currently the non-executive chair of ASX listed companies Rox Resources Limited and Marvel Gold Limited. Board Change • Nov 16
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. 4 non-independent directors. Independent Non-Executive Director Henk Ludik was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 