Board Change • May 20
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. 3 non-independent directors. Non-Executive Director Steve Kovac was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 01
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. 3 non-independent directors. Non-Executive Director Steve Kovac was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
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. Non-Executive Director Joshua Thurlow was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Oct 01
Delta Lithium Limited, Annual General Meeting, Nov 27, 2025 Delta Lithium Limited, Annual General Meeting, Nov 27, 2025. Board Change • Aug 18
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. Non-Executive Director Joshua Thurlow was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Mar 31
Delta Lithium Limited Announces Yinnetharra Lithium and Tantalum MRE Update Delta Lithium Limited announced Yinnetharra Lithium and Tantalum MRE Update Highlights: Updated Mineral Resource Estimate (MRE) at the Yinnetharra Lithium, and Tantalum Project incorporating recent infill drilling at the Malinda Prospect and initial drilling at Jameson: 140% increase in the Indicated lithium Mineral Resource at Malinda, now totaling 16.1Mt @ 1.0% Li2O (at 0.5% Li2O cut-off), based on an average 40m x 40m drill spacing. 74% of lithium MRE at Yinnetharra is now classified as Indicated. Total updated lithium MRE of 21.9Mt @ 1. 0% Li2O and 75 ppm Ta2O5 (at 0.5%Li2O cut-off), representing a 15% reduction in tonnes, due to refined wireframe boundaries and pegmatite morphology changes within the previous Inferred material. Additional tantalum Mineral Resource of 17.5Mt @ 136ppm Ta2O5 (at 65ppm Ta2O5 cut-off) and exclusive of the lithium hosted tantalum mineralisation, located proximal to the Malinda Lithium MRE and contained within the same pit shells. Total tantalum MRE at Malinda of 39.4Mt @ 102ppm Ta2O5 representing a 152% increase in contained Tantalum metal. Tantalum presents as a potential value-add product at Malinda. Un unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information, Diamond (DD) and reverse circulation (RC) drilling has been carried out by Delta Lithium at the YinnetharRA project, RC samples are collected from a static cone splitter mounted directly below the cyclone on the rig, DD sampling is carried out to lithological/alteration domains with lengths between 0.3-1.1m, Limited historic data has been supplied, reverse circulation (RC) drilling and semi-quantitative XRD analysis have been completed at the Project. Historic drilling referenced has been carried out by Segue Resources and Electrostate (prior holder), Historic sampling of RC drilling has been carried out via a static cone splitter mounted beneath a cyclone return system to produce a representative sample, or via scoop, These methods of sampling are considered to be appropriate for this style of exploration, Drilling techniques, Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). Diamond drilling was carried out by DDH1 or Frontline Drilling utilising a Sandvik DE880 truck mounted multipurpose rig and is HQ or NQ diameter.RC drilling is carried out by Precision Exploration Drilling (PXD) or Frontline Drilling (FLD) using a Schramram and a Schramram and a total of 100m. Duyuru • Mar 26
Delta Lithium Limited Announces Mt Ida Gold Exploration Results and Permitting Update Delta Lithium Limited provided an update for the ongoing exploration and development activities at its 100% owned Mt Ida Gold Project in WA's Eastern Goldfields region. The 4-stage extensional drill program has continued to deliver strong results and have confirmed more gold across the broader tenure of Mt Ida. Importantly, the Company is progressing concurrent workstreams to accelerate Mt Ida's development including the submission of a Works Approval application to the Department of Water and Environmental Regulation to construct a gold Processing Plant and Tailings Storage Facility with the potential capacity of processing and tailings deposition of up to 1.5Mtpa. Mt Ida is located 100km northwest of Menzies, and approximately 225km by road from Kalgoorlie in Western Australia. The Project area resides on granted mining leases and is fully permitted for commencement of open pit and underground mining at Baldock. Two drill rigs are currently operating at the project, focussed on resource extensions and resource growth with a target to grow the current 752,000oz @ 3.5g/t gold Mineral Resource Estimate, including the high grade Baldock deposit of 4.8Mt @ 4.4g/t gold for 674,000oz. Delta's recent exploration results are very promising and provide further confirmation of historical tenor and potential of the broader Mt Ida Gold Project. Additional Intercepts at Baldock continue to deliver exceptional extensions to deep high-grade resources including the delineation of an additional en- echelon lode in the footwall of the lode 90 which hosts 504kt @ 6.9g/t Au for 112kOz1 - See Figure 2. This new lode is completely open to the South and will add to the current resource base at Baldock of 674kOz @ 4.4 g/t Au, which acts as the baseload of the Mt Ida Gold Project. The Company believes this newly identified footwall lode beneath lode 90 presents a compelling exploration target and will be further tested by future drilling. Delta's first drilling at West Knell has provided some excellent high-grade intercepts proving up local continuity from a historical interval of 5m @ 72g/t from 50.5m. All exploration results will feed into the updated Mieral Resource Estimate scheduled to be completed in the June Quarter, which is planned to be followed by an infill resource conversion campaign. There are still more than 26 holes undergoing testing in the lab while further drilling at the Saturn and Unexpected prospects will be commencing in the next week with the aim to further grow the Mt Ida regional resources. Delta has submitted a Works Approval application for onsite gold treatment and tailings deposition, being the only outstanding permit required for Delta to construct a gold plant and TSF at Mt Ida. The Works Approval application process may take up to six months. The timing of this submission and approval process aligns with ongoing workflows at Mt Ida, which are currently focused on completion of the current resource growth drilling and an updated MRE early in the June Quarter. Next Steps Stage 4 of the extensional drilling campaign at the Mt Ida project will be completed early in the June Quarter. Outstanding assay results of the completed program, and indeed all results combined from the 4-stage extensional program will form the basis of an updated Gold Mineral Resource Estimate. The Company will look to release this update early in the upcoming June quarter. Future planning for Mt Ida includes the commencement of infill drilling, at Baldock in particular, and at sufficient density to underpin a multi-year Mining Plan and maiden Reserve statement. This planned infill drilling program will target the conversion of remaining inferred material up to 250m depth at Baldock to Indicated status, as well as geotechnical and metallurgical data collection to support a full Feasibility Study, inclusive of an onsite processing scenario for all potential ore production. Board Change • Feb 04
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 Tim Manners 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 • Dec 24
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 Tim Manners 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. Duyuru • Dec 14
Javelin Minerals Limited (ASX:JAV) acquired Warriedar Mining Pty Ltd from Delta Lithium Limited (ASX:DLI). Javelin Minerals Limited (ASX:JAV) agreed to acquire Warriedar Mining Pty Ltd from Delta Lithium Limited (ASX:DLI) for AUD 4.5 million on October 25, 2024. The consideration consists of AUD 1.5 million in cash, issue of 500 million common shares of Javelin Minerals Limited having a value of AUD 2 million and AUD 1 million in worth of deferred consideration Shares. Javelin will issue the Deferred Consideration Shares within 7 business days of achievement of the relevant milestone or if a refreshed shareholder approval is required. Under the terms of the agreement, Delta will have the right to nominate a director of Delta to the board of Javelin, with effect from settlement of the acquisition. The acquisition will be financed through firm commitments received for share placement of AUD 3 million. As of November 29, 2024, Javelin Minerals Limited received shareholders approval.
The acquisition is subject to and conditional upon satisfaction of completing a capital raising to raise a minimum of AUD 2.5 million and obtaining any and all Shareholder approvals. The deal has been approved by the board of directors of Javelin Minerals Limited.
Javelin Minerals Limited (ASX:JAV) completed the acquisition of Warriedar Mining Pty Ltd from Delta Lithium Limited (ASX:DLI) on December 13, 2024. Duyuru • Nov 25
Delta Lithium Limited Announces Board Changes Delta Lithium Limited announced that Mr. Chris Ellison has resigned from the role of Director and Chairman of the Company effective immediately. Mr. Ellison has served as a Director and Chairman of Delta since September 2023. Current Non-Executive Director Mr. Nader El Sayed will take on the role of Non-Executive Chairman. The Board has determined that its composition is appropriate and will not be seeking to appoint a replacement Director. New Risk • Nov 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$142.7m (US$92.3m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$68m free cash flow). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (AU$142.7m market cap, or US$92.3m). New Risk • Oct 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$68m free cash flow). Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (34% increase in shares outstanding). Duyuru • Sep 27
Delta Lithium Limited, Annual General Meeting, Nov 27, 2024 Delta Lithium Limited, Annual General Meeting, Nov 27, 2024. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$149.8m (US$96.7m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$63m free cash flow). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (37% increase in shares outstanding). Market cap is less than US$100m (AU$149.8m market cap, or US$96.7m). New Risk • Jul 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$63m 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$63m free cash flow). Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding). New Risk • Jun 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$142.7m (US$94.3m) 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 are forecast to decline by an average of 10% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$8.3m net loss in 3 years). Shareholders have been diluted in the past year (37% increase in shares outstanding). Market cap is less than US$100m (AU$142.7m market cap, or US$94.3m). New Risk • May 03
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$7.4m Forecast net loss in 3 years: AU$8.3m 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 Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (AU$8.3m net loss in 3 years). Breakeven Date Change • Mar 31
Forecast to breakeven in 2026 The 3 analysts covering Delta Lithium expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$3.80m in 2026. New Risk • Mar 07
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 7.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings are forecast to decline by an average of 7.4% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Board Change • Jan 25
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. 1 experienced director. No highly experienced directors. 2 independent directors (4 non-independent directors). Interim CEO, MD & Director James Croser is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Tim Manners was the last independent director to join the board, commencing their role in 2022. 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. Breakeven Date Change • Mar 16
Forecast to breakeven in 2023 The 2 analysts covering Red Dirt Metals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$1.05m in 2023. Earnings growth of 111% is required to achieve expected profit on schedule. Breakeven Date Change • Mar 07
Forecast to breakeven in 2023 The 2 analysts covering Red Dirt Metals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$1.05m in 2023. Earnings growth of 100% is required to achieve expected profit on schedule. Duyuru • Jan 26
Red Dirt Metals Limited Announces an Update for its Wholly Owned Mt Ida Lithium Project Red Dirt Metals Limited announced an update for its wholly owned Mt Ida Lithium Project ("Mt Ida") in the Eastern Goldfields region of Western Australia. As announced on 19 October 2022, Mt Ida has a global resource base of 12.7Mt @ 1.2% Li2O and the Company is fast tracking the development of this resource base. This fantastic drilling intercept from Sister Sam (Table 1) is the first received since resource estimation work completed in October 2022. Drilling up until the end of 2022 was predominantly focused on sample collection for metallurgical test work and RC drill pre-collars. This result, alongside the priority AC anomalies detected, demonstrates the significant growth potential at Mt Ida. The Company continues to progress diamond drilling as well as infill and expansion RC drilling programs across the Mt Ida Lithium Project. More than 20 intercepts are with the labs undergoing analysis with expected results in the next 6-12 weeks. The planned drill programs will cover more than 200 holes and 60,000m throughout 2023. Four priority AC anomalies have been identified in regional AC drilling designed to detect low tenor "host rock hanging wall" lithium anomalism and these will be followed up by RC drilling and likely to be reported in the June Quarter. The Sister Sam pegmatite is one of three pegmatite resource zones defined at Mt Ida. Drill hole IDRD077W2 was designed to increase the resource confidence from Inferred to Indicated. The drill angle is perpendicular to the pegmatite and can be considered as true width and is the best drill intercept ever received at the Mt Ida Lithium Project. The Company has also completed two (2) additional diamond tails to this hole, and each intersected the Sister Sam pegmatite, and has plans to complete numerous infill and extension holes at the Sister Sam, Timoni and Sparrow pegmatites to increase both the confidence and size of the resource. A program of AC drilling was targeted to follow up on regional soil sampling undertaken in H1 2022. The AC drilling was broad spaced and designed to detect the low tenor anomalism (60-240ppm Li) typically found in the host greenstone rocks up to 100m into the hanging wall of the pegmatites at Mt Ida. A 100ppm anomaly in greenstone could indicate a significant Li bearing pegmatite in close proximity and warrants follow up RC work. The AC drilling has detected four lithium anomalies all found in the same geological position as the Sister Sam, Timoni and Sparrow pegmatites. These near surface targets will be tested with RC drilling and the results will be likely be reported in the June quarter. Duyuru • Jan 20
Red Dirt Metals Limited Announces an Update on Drilling at the Yinnetharra Lithium Project Red Dirt Metals Limited announced an update on drilling at the Yinnetharra Lithium Project in the Gascoyne region of Western Australia. As announced on 28 November 2022, visual spodumene was identified as the Diamond Drill holes were completed. The result for YNRD005 has been returned, delivering a significant intercept and high-grade lithium. This initial assay result is further evidence of the significant lithium mineralisation at the Yinnetharra Project and the exciting potential of the ground the Company will be aggressively exploring during 2023. The Company continues to progress the diamond drilling as well as infill and expansion RC drilling programs across the Project which will cover more than 400 holes and 90,000m in 2023. More than 50 Lithium pegmatites have been identified at the Malinda Prospect and will be progressively investigated during the year. Extensional RC drilling is due to begin at the M1 pegmatite in the coming weeks, with~1km strike of anomalism from drilling, soils and outcrops to undergo testing in this pegmatite alone. Red Dirt is in the enviable position of having two high quality lithium projects. A significant resource at Mt Ida which is being fast tracked to production and what is shaping to be a large-scale exploration project at Yinnetharra. Results from the M1 Pegmatite at the Malinda Prospect The M1 pegmatite is one of more than 50 pegmatites mapped at the Malinda Prosect. Lithium mineralisation is present from surface as shown by results from historic drilling e.g. GASRC0011 which collared in mineralisation and returned 8m @ 1.04% Li2O from surface. Spodumene is the dominant Lithium mineral seen to date in the M1 pegmatite. The results from YNRD005 are the best results ever achieved on the project and is a sign of improving the understanding of the geology. With the intercept being significantly thicker than that seen in the up-dip hole and demonstrates substantial upside potential that exists at both the M1 pegmatite and across the Yinnetharra Project. Duyuru • Jan 12
Red Dirt Metals Limited Provides an Update on Mt Ida Lithium Project and the Yinnetharra Lithium Project Red Dirt Metals Limited provided an update on its current and planned exploration activities at the Mt Ida Lithium Project ("Mt Ida") and the Yinnetharra Lithium Project ("Yinnetharra"), together the ("Projects"). Red Dirt has mobilised 5 drill rigs to site to commence a 60,000 metre drilling campaign at the Mt Ida project. Work underway will test regional exploration targets and extend and upgrade previously reported resources (ASX: Mt Ida Maiden Lithium Resource 12.7Mt at 1.2% Li2O - 19 October 2022). The program will also gather data to establish geotechnical parameters for pit wall angles, sterilise ground for waste dumps and process infrastructure, and include grade control drilling in advance of detailed mine development studies at both the Sister Sam and Timoni deposits. The Company is currently on track to lodge mining approvals documentation with the WA State Government in early February with the intention to start mining operations in the December quarter 2023. After acquiring the Yinnetharra Project in September 2022, the Company started drilling in November and completed sixteen (16) diamond holes for 3,250 metres during 2022. The results of these initial drillholes are due from the laboratory in February. The Company has started a 90,000 metre drilling programme at Yinnetharra. This extensive campaign is focused on understanding broad geological controls to mineralisation, with the aim of discovering and defining new lithium deposits ahead of resource drilling planned for later in 2023. The Company has identified 40 targets to be tested in 2023. There are currently two rigs on site, one diamond rig and one RC rig. A third rig (RC) is due to arrive on site later this quarter. Board Change • Nov 16
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. Independent Non Executive Director James Croser is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 10
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. Independent Non Executive Director James Croser is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Director James Croser is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jul 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Director James Croser is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Sep 09
Insider recently bought AU$354k worth of stock On the 7th of September, Anthony Barton bought around 2m shares on-market at roughly AU$0.21 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$770k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 23
Insider recently bought AU$179k worth of stock On the 22nd of June, Anthony Barton bought around 992k shares on-market at roughly AU$0.18 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$664k more in shares than they have sold in the last 12 months. Executive Departure • Jun 09
Company Secretary Lauren Nelson has left the company On the 1st of June, Lauren Nelson's tenure as Company Secretary ended after 2.6 years in the role. We don't have any record of a personal shareholding under Lauren's name. A total of 5 executives have left over the last 12 months. Executive Departure • Mar 01
Non-Executive Director has left the company On the 1st of March, Peter Woods' tenure as Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Peter's name. A total of 3 executives have left over the last 12 months. Is New 90 Day High Low • Jan 29
New 90-day low: AU$0.23 The company is down 2.0% from its price of AU$0.23 on 30 October 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 23% over the same period. Is New 90 Day High Low • Nov 05
New 90-day high: AU$0.27 The company is up 80% from its price of AU$0.15 on 07 August 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 10.0% over the same period. Is New 90 Day High Low • Oct 15
New 90-day high: AU$0.22 The company is up 63% from its price of AU$0.14 on 17 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 2.0% over the same period. Is New 90 Day High Low • Oct 02
New 90-day high: AU$0.21 The company is up 39% from its price of AU$0.15 on 03 July 2020. The Australian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period. Duyuru • Jul 31
TinOne Resources Ltd completed the acquisition of Aberfoyle and Great Pyramid tin and tungsten projects in North-Eastern Tasmania from TNT Mines Limited (ASX:TIN). TinOne Resources Ltd signed a binding letter of intent to acquire Aberfoyle and Great Pyramid tin and tungsten projects in North-Eastern Tasmania from TNT Mines Limited (ASX:TIN) for AUD 1.2 million on July 11, 2019. As on October 18, 2019, TinOne Resources Ltd executed a formal binding tenement sale agreement with TNT Mines Limited for the acquisition. The total consideration is payable to TinOne in five stages: AUD 0.1 million on completion; AUD 0.15 million on first anniversary of completion; AUD 0.15 million on second anniversary of completion; AUD 0.2 million on third anniversary of completion; and final stage of AUD 0.6 million in cash or shares for the 48-month anniversary of signing or upon listing of TinOne, whichever occurs first. If TinOne is not listed, the payment must be made in cash. If TinOne is listed on a recognised stock exchange, TNT Mines may elect to take all the final tranche payment in shares, with the issue price determined as either TinOne’s volume weighted average price (VWAP) for the five trading days prior to issue or the company’s initial public offering price. The binding letter of intent provides for a 30-day exclusivity period for TinOne to complete confirmatory due diligence and formal binding documentation for the acquisition. Under the terms of the transaction, TinOne has agreed to assume all ongoing project costs and keep the licenses in good standing from the date of execution of the definitive transaction documents until completion of the acquisition. Completion of the sale is subject to and conditional on TinOne completing its confirmatory due diligence to its satisfaction, execution of definitive purchase and sale documentation on terms mutually acceptable to all parties, TinOne securing funding to complete the initial payments due upon closing, TinOne Board approval, renewal of license EL27/2004 for a minimum period of one year from its annual renewal date in November 2019 and receipt of all necessary government consents and approval required under applicable law. As on October 18, 2019, TinOne has complete confirmatory due diligence and formal binding documentation for the acquisition. As of January 29, 2020, TNT Mines Ltd received the formal license renewal of its Aberfoyle license EL27/2004 from Mineral Resources Tasmania and now working towards immediate completion of the transaction. The deal is now expected to be completed in the coming weeks.
TinOne Resources Ltd completed the acquisition of Aberfoyle and Great Pyramid tin and tungsten projects in North-Eastern Tasmania from TNT Mines Limited (ASX:TIN) on April 17, 2020. All governments consents were received. Duyuru • Jul 30
TNT Mines Limited (ASX:TIN) completed the acquisition of Uranium and Vanadium Exploration Project in Utah, USA from Peter Woods for AUD 0.68 million. TNT Mines Limited (ASX:TIN) entered into a binding agreement to acquire Uranium and Vanadium Exploration Project in Utah, USA from Peter Woods for AUD 0.24 million on May 11, 2020. In consideration for the acquisition, TNT Mines will issue 2.5 million fully paid ordinary shares and a total of 2.75 million performance rights. TNT shall grant Peter Woods a royalty of 2% of the net smelter return from Project. On May 22, 2020, TNT Mines Limited entered into a formal share sale agreement to finalize the full terms of the acquisition. Peter Woods will be appointed as a Non-Executive Director of TNT, with effect from settlement of the acquisition. Settlement of the acquisition shall be subject to the parties obtaining all regulatory and third-party consents including but not limited to, ASX approving the terms and conditions of the Performance Rights. Settlement of the Acquisition is expected to occur in the coming week.
TNT Mines Limited (ASX:TIN) completed the acquisition of Uranium and Vanadium Exploration Project in Utah, USA from Peter Woods for AUD 0.68 million on June 16, 2020. As consideration, TNT Mines Limited shall issue 3.5 million shares, 1.75 million performance rights subject to shareholder approval and will pay a 2% net smelter return royalty. Peter Woods has been appointed to the Board of Directors of TNT Mines Limited. A meeting of shareholders to seek approval from issuance of performance rights will be held in July 2020. ASX approval for terms of performance rights has been obtained.