Tillkännagivande • Dec 24
Elevate Uranium Ltd (ASX:EL8) acquired Uranium Generation Pty. Ltd. from Core Lithium Ltd (ASX:CXO) for AUD 4.9 million. Elevate Uranium Ltd (ASX:EL8) acquired Uranium Generation Pty. Ltd. from Core Lithium Ltd (ASX:CXO) for AUD 4.9 million on December 23, 2025. Under the Acquisition Agreement, Elevate Uranium Ltd agreed to pay AUD 2.5 million in cash at completion, issue 8,923,738 ordinary shares and a Net Smelter Royalty of 1.0% on any metals or minerals produced from EL31449, which hosts Napperby Project area. Fifty percent of the Consideration Shares (4,461,869 shares) will be subject to a voluntary six-month escrow period.
Elevate Uranium Ltd (ASX:EL8) completed the acquisition of Uranium Generation Pty. Ltd. from Core Lithium Ltd (ASX:CXO) on December 23, 2025. Tillkännagivande • Nov 01
Elevate Uranium Ltd has completed a Follow-on Equity Offering in the amount of AUD 25 million. Elevate Uranium Ltd has completed a Follow-on Equity Offering in the amount of AUD 25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 71,428,572
Price\Range: AUD 0.35
Discount Per Security: AUD 0.021
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 31
Elevate Uranium Ltd has filed a Follow-on Equity Offering in the amount of AUD 25 million. Elevate Uranium Ltd has filed a Follow-on Equity Offering in the amount of AUD 25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 71,428,572
Price\Range: AUD 0.35
Discount Per Security: AUD 0.021
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 01
Elevate Uranium Ltd, Annual General Meeting, Nov 27, 2025 Elevate Uranium Ltd, Annual General Meeting, Nov 27, 2025. Location: cwa house, 1176 hay street, wa 6005, west perth Australia Tillkännagivande • Dec 20
Elevate Uranium Ltd has completed a Follow-on Equity Offering in the amount of AUD 25.08 million. Elevate Uranium Ltd has completed a Follow-on Equity Offering in the amount of AUD 25.08 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,444,977
Price\Range: AUD 0.325
Discount Per Security: AUD 0.0195
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,724,255
Price\Range: AUD 0.325
Discount Per Security: AUD 0.0195
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 23
Elevate Uranium Ltd has filed a Follow-on Equity Offering in the amount of AUD 25.08 million. Elevate Uranium Ltd has filed a Follow-on Equity Offering in the amount of AUD 25.08 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,444,977
Price\Range: AUD 0.325
Discount Per Security: AUD 0.0195
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,724,255
Price\Range: AUD 0.325
Discount Per Security: AUD 0.0195
Transaction Features: Subsequent Direct Listing New Risk • Sep 27
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$9.3m 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$9.3m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m (AU$476k revenue, or US$329k). Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (R1.42b market cap, or US$83.1m). New Risk • Sep 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (R1.19b market cap, or US$68.2m). Tillkännagivande • Sep 21
Elevate Uranium Ltd, Annual General Meeting, Nov 29, 2024 Elevate Uranium Ltd, Annual General Meeting, Nov 29, 2024. Location: at `the board room`, cwa house, 1176 hay street, west perth wa 6005 Australia Board Change • Aug 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. 2 experienced directors. 1 highly experienced director. Independent Non-Executive Director Stephen Mann was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 26
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 stocks in the market. 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 (9.6% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (R1.53b market cap, or US$84.2m). New Risk • Jun 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: R1.87b (US$99.4m) This is considered a minor 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 Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (R1.87b market cap, or US$99.4m). New Risk • Feb 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: R1.83b (US$95.2m) This is considered a minor 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 (11% average weekly change). Earnings have declined by 45% per year over the past 5 years. 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 (R1.83b market cap, or US$95.2m). Tillkännagivande • Dec 08
Elevate Uranium Ltd has filed a Follow-on Equity Offering in the amount of AUD 10 million. Elevate Uranium Ltd has filed a Follow-on Equity Offering in the amount of AUD 10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,809,524
Price\Range: AUD 0.42
Transaction Features: Subsequent Direct Listing New Risk • Nov 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% 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 (12% average weekly change). Earnings have declined by 45% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Market cap is less than US$100m (R1.71b market cap, or US$91.1m). New Risk • Nov 12
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 stocks in the market. 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 (12% average weekly change). Earnings have declined by 45% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (R1.44b market cap, or US$76.9m). Tillkännagivande • Sep 22
Elevate Uranium Ltd, Annual General Meeting, Nov 24, 2023 Elevate Uranium Ltd, Annual General Meeting, Nov 24, 2023, at 10:30 W. Australia Standard Time. Location: "The Presidents Room",The Celtic Club, 48 Ord Street West Perth WA 6005 West Perth Australia Tillkännagivande • Jan 31
Elevate Uranium Limited Provides Update of Drilling Program at the Koppies Project Elevate Uranium Limited provided the market with an update on the continuing success of its drilling programs at the Koppies Project in Namibia and to advise that the 2023 drilling program has commenced. This update follows on from the discovery of Koppies 4 in November 2022 and the earlier announcement of the JORC (2012) Inferred Mineral Resource Estimate of 20.3 million pounds eU3O8 at Koppies 1 and 2. The latest drilling results have highlighted the following: Mineralisation identified south of Koppies 2, indicates that Koppies 2 connects with Koppies 4, Mineralisation identified between Koppies 1 and 2, indicates that these two areas are also likely connected, The continuity between these areas reinforces the likelihood that the Koppies mineralised area has an aggregate length of 20 km. Exploration Summary and Updated Geological Model: Estimation of the JORC (2012) Inferred Mineral Resource Estimate of 20.3 million pounds eU3O8 at Koppies 1 and 2, and subsequent discovery of mineralisation extensions at Koppies 3 and 4, have been vital in improving the geological understanding of the Koppies Project. On a regional scale, aerial satellite imagery clearly shows a strong northeast-southwest (NE/SW) set of lineaments, supported by regional airborne magnetic survey data. Field observations and geological mapping confirm these rocks to be the Damara Group schists. Traversing from west to east at Koppies, there is a transition from schist to the Donkerhoek Granite. Rocks within the transition zone are historically mapped as either granite with schist inclusions or schists with granite inclusions. This description can be simplified with the label of "migmatite", which is strongly indicative of shearing occurring at the contact between a younger intrusive granite batholith and the older, surrounding, metamorphic schists. As the batholith has intruded into the crust, heat from the magma will have partially melted the immediate surrounding country rocks, while more brittle lithologies will crack under the pressure forming faults and fractures of various scales. The combined heat, faulting and shearing of these rocks is likely to have served as pathways for later fluid movement of mineralisation into the overlying sediments once regional tectonism ceased, resulting in the basement-hosted mineralisation. Younger surface mineralisation is likely to have been formed from a combination of mobilisation of uranium from basement lithologies and lateral flow through surface drainage (from "hot" uranium-rich granite outcrops) into the overlying channel fill and evaporitic calcretes. Incorporating regional-scale airborne radiometrics data reveals a strong correlation between the position of this structural transition zone and moderate to strong anomalism on the uranium radiometrics channel. Uranium grades returned from the 2022 Koppies 3 drill campaigns confirmed that these radiometric anomalies are coincident with uranium mineralisation. Additionally, in a sedimentary setting, uranium mineralisation is known to have a "pinch-and-swell" appearance, both laterally and vertically, dependent on the varying permeabilities and porosities of the host sediments through which the uraniferous fluids flow (in this case, within a palaeochannel). Underlying structures in the basement below the mineralized palaeochannels can also greatly influence the permeabilities and porosities of the overlying channel fill as tectonism is reactivated over geological time. Using the derived exploration model here, it therefore becomes apparent that the uranium mineralization identified at Koppies 2 should logically extend through into, and connect with, the uranium mineralization discovered at Koppies 4. The radiometric anomalism remains consistently coincident with the mapped position of the migmatite/shear zone between Koppies 2 and Koppies 4, which has been corroborated by uranium grades returned from the latest drilling. The "pinch-and-swell" aspect of palaeochannels is interpreted to continue between these two domains and appears to continue to the southwest of Koppies, roughly following the position of the migmatite/shear zone. Exploration Program: Drilling at Koppies has recommenced after the Christmas /New Year break with two drill rigs operating. The planned programs include: Koppies 2 Drilling in the south to determine the extent of mineralisation between Koppies 2 and the Koppies tenement boundary in the south. Testing extensions of Koppies 2 in several areas where analysis of prior drill data has identified potential for mineralisation extensions. Further drilling between Koppies 1 and Koppies 2. Koppies 3 Infill the drilling from 400 metre spaced lines to 200 metre spacing, to improve delineation of the mineralised envelope. The drill rig working at Koppies 4 (note that Koppies 4 is located on the adjoining tenement EPL 7279 (known as "Ganab West")). The proximity of Koppies to the Company's other tenements in the Namib area, with the proximity of Koppies to the Company's other Namibian tenements. Tillkännagivande • Nov 22
Elevate Uranium Limited Discovers New Uranium Mineralised Zone Extending over Further 6.6 Kilometres to the South of Koppies 2 Elevate Uranium Limited announced the discovery of a new uranium mineralised zone extending over a further 6.6 kilometres to the south of Koppies 2, now called Koppies 4. This follows the previous discovery of a 10 kilometre uranium mineralised zone to the northeast of the Koppies 2. The results of an historical airborne radiometric survey conducted by previous owners led to the discovery of the Koppies 3 mineralisation. The radiometric survey and mineralised areas were overlaid with the geological surface lithology mapping completed by General Mining in 1976, which highlighted the occurrence of mineralisation within a specific host lithology. A review of the airborne radiometrics and lithology mapping in the Koppies 4 area identified an exploration target, and the maiden drill program of two east-west lines and two north-south lines confirmed the presence of the target lithologies and intersected uranium mineralisation within that target lithology. Drilling at Koppies 4 continues around the discovery lines, with north-south drill lines 400 metres apart and drill holes 200 metres apart in progress. A total of 72 holes have been drilled to date for a total of 1,888 metres. Drilling at Koppies 3 has targeted closer line spacing than the original five discovery drill lines to confirm the continuity of mineralisation and explore for extensions to the west and east. To date and subsequent to the initial 37 holes previously reported, there have been 188 holes drilled for a total of 3,899 metres at Koppies 3, i.e. 260 holes for a total of 5,787 metres at Koppies 3 and 4. Drilling completed to date at Koppies 3 has targeted specific surface characteristics, with follow up drilling required to confirm the extent of mineralisation within areas that have intersected mineralisation. The geological team are gathering information from the drilling completed to date which is providing additional targets for drilling. These targets will be drilled over the coming months. The Koppies 3 mineralisation appears to connect to both Koppies 1 and Koppies 2. This highlights the significant potential for additional mineralisation around the current resource at Koppies 1 and 2. There is an apparent extension to the west in the central area of Koppies 3 that remains open on both drill lines, with follow up drilling in progress. The mineralised areas identified adjacent to Koppies 1 and 2 indicate the potential to expand the existing 20 Mlb eU3O8 Mineral Resource through additional drilling, both beneath and adjacent to the Koppies palaeo channels. The discovery of large mineralised areas at Koppies 3 and Koppies 4 indicates significant potential for expansion of the Koppies JORC Mineral Resource. Two drill rigs are working on exploration programs in and around Koppies. It is anticipated that the potential mining method would include surface miners cutting the ore at depth intervals of 0.5 metres. On this basis the drill hole mineralised intercepts have been calculated on a minimum interval thickness of 0.5 metres with a minimum grade of 100 ppm eU3O8. Intervals of 0.5 metres at a grade of between 100 to 200 ppm eU3O8. Tillkännagivande • Oct 19
Elevate Uranium Ltd Announces 16 Km of Uranium Mineralisation At Capri Elevate Uranium Limited announced the discovery of a 16 kilometre zone of continuous uranium mineralisation at EPL 7508 (known as Capri). Previous exploration using airborne electro-magnetic surveys identified extensive palaeochannels associated with radiometric anomalies in both the western and eastern areas of the tenement. Subsequently, this maiden drill program was completed over the palaeochannels in the western half of the tenement, resulting in this new uranium discovery. The eastern half of the tenement is yet to be drilled. Exploration Summary: This 284 hole drill program was spread over a very wide area, with drill lines spaced at an average of 3,100 metres apart and a drill hole spacing of 200 metres along those lines. Nevertheless, with the mineralisation less than 25 metres deep, the results provide a good picture of the potential mineralisation within the western half of the tenement. Whilst this drill program was focused on the palaeochannels in the west of the tenement, future exploration and subsequent drilling activities will test the broader and deeper palaeochannels in the east. During the course of exploring the tenement, 36 historical drill holes were also located. It is believed that these holes were drilled in the late 1970's, with all but one remaining open. Elevate Uranium has downhole gamma probed these open drill holes during the current program to determine the presence of mineralisation and an eU3O8 grade. Tillkännagivande • Sep 28
Elevate Uranium Limited Announces the Discovery of Uranium Mineralised Zone Extending Continuously over Further 10 Kilometres to the Northeast of the Koppies 2 Resource Elevate Uranium Limited announced the discovery of a uranium mineralised zone extending continuously over a further 10 kilometres to the northeast of the Koppies 2 resource. On 4 May 2022, in an ASX release titled "22% Increase in Mineral Resources", the Company announced the initial JORC (2012) Inferred Mineral Resource Estimate ("MRE") of 20.3 million pounds ("Mlb") eU3O8 at its Koppies Uranium Project in Namibia. The announcement also identified the potential to expand the mineralisation of Koppies beneath, adjacent and to the northeast. Subsequent to identifying the potential for mineralisation to the northeast, a field trip was undertaken in July 2022 to ground truth the regional trend northeast of Koppies 2 within the radiometric anomaly identified from the airborne survey completed in 2008. This area is now referred to as Koppies 3. Following that field trip, it was decided to drill five lines progressively along the radiometric anomaly, with the fifth drill line 10 kilometres northeast of Koppies 2. All five drill lines intersected uranium mineralisation greater than 100 ppm eU3O8. the mineralisation identified to date at Koppies 3 and the drilling completed on Koppies 3 Extension to the northeast of Koppies. Prior to March 2022 the Company's exploration strategy was to target palaeochannel hosted uranium mineralisation, with the hypothesis that uranium mineralisation only occurred within the confines of a palaeochannel. However, this strategy was modified following the March/April 2022 drilling program which confirmed mineralisation beneath and on the banks of the palaeochannels, leading to a change in strategy to drill deeper (nominally 25 metres) and beyond the boundaries of the palaeochannel. The discovery of basement hosted uranium mineralisation (Koppies 3) at least one kilometre beyond the MRE envelopes, also resulted in an adaptation of the exploration program with a reater emphasis placed on the potential for shallow basement hosted uranium mineralisation. The discovery of Koppies 3 in March/April 2022 indicated potential for mineralisation to the northeast, and during a field trip in July 2022 a drill program was planned to target the regional trend along the radiometric anomaly, identified from an airborne survey completed in 2008, extending northeast from Koppies 3. Initially, Drill Lines 1 and 2 were planned, each with 4 holes drilled to a depth of 100 metres, at a dip of 70º, to test the near surface potential for mineralisation, but also the potential for alaskite hosted mineralisation at depth. All eight holes intersected mineralisation, but the maximum depth of mineralisation encountered was only 11 metres below surface. As a consequence, all subsequent holes were shortened to a depth of 25 metres and drilled vertical. Tillkännagivande • Sep 16
Elevate Uranium Ltd, Annual General Meeting, Nov 24, 2022 Elevate Uranium Ltd, Annual General Meeting, Nov 24, 2022, at 10:30 W. Australia Standard Time. Location: "The Board Room", CWA House, 1176 Hay Street, West Perth WA 6005 West Perth Western Australia Australia Agenda: To consider the election of directors. Tillkännagivande • Jun 16
Elevate Uranium Limited Provides an Update on Exploration Activities At its Hirabeb Project in the Namib Area of Namibia Elevate Uranium Limited provided an update on exploration activities at its Hirabeb Project in the Namib Area of Namibia. Drilling focused on the central section of the Hirabeb palaeochannel has delineated two significant zones of uranium mineralisation, named Hirabeb I and Hirabeb II with limited drilling between the two zones. The mineralisation has been identified based on widely spaced drilling, mainly 200 metre spaced holes on drill lines 500 metres apart. Mineralisation at Hirabeb I extends over 4 kilometres along strike and is up to 800 metres wide, with uranium results exceeding 100 ppm eU3O8 varying in thickness from 3 to 7 m on section 537500mE. At Hirabeb II, anomalous uranium (>50 ppm eU3O8) is continuous over 9 kilometres of the palaeochannel and remains open in several directions. Grades in excess of 100 ppm eU3O8 have so far been intersected in four areas within this anomalous zone and further exploration drilling is planned to establish continuity between these two zones of mineralisation. Drilling at the Hirabeb Project subsequent to the initial Hirabeb discovery, see ASX announcement dated 21 July 2020 titled "Extensive Palaeochannel Discovered in Namibia, Mineralised over 30 Kilometres" totals 341 holes for 4,181 metres at an average hole depth of 12.3 metres. Drilling to date at the Hirabeb Project totals 686 holes for 8,316 metres at an average hole depth of 12.2 metres. Further exploration drilling to establish the continuity and extent of mineralisation is planned for later this year. Recent Insider Transactions • Apr 27
Insider recently sold R35m worth of stock On the 20th of April, Chris Retzos sold around 5m shares on-market at roughly R7.30 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of R49m more than they bought in the last 12 months. 
