Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director George Su 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. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director George Su 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. Duyuru • Apr 24
Lithium Plus Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.15 million. Lithium Plus Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,500,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Transaction Features: Subsequent Direct Listing Duyuru • Apr 17
Lithium Plus Minerals Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.15 million. Lithium Plus Minerals Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,500,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director George Su 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. Duyuru • Oct 28
Lithium Plus Minerals Ltd, Annual General Meeting, Nov 26, 2025 Lithium Plus Minerals Ltd, Annual General Meeting, Nov 26, 2025. Location: level 1, 7 martin place, sydney nsw 2000 Australia Board Change • Feb 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director George Su 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. Board Change • Dec 31
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. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director George Su 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 • Nov 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.6m (US$9.45m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$9.1m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.6m market cap, or US$9.45m). Duyuru • Oct 26
Lithium Plus Minerals Ltd, Annual General Meeting, Nov 27, 2024 Lithium Plus Minerals Ltd, Annual General Meeting, Nov 27, 2024. Location: level 13, 60 castlereagh street, sydney nsw 2000. Australia New Risk • Sep 21
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 Less than 1 year of cash runway based on free cash flow trend (-AU$8.8m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (AU$13.9m market cap, or US$9.50m). 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 (18% increase in shares outstanding). Duyuru • Aug 14
Lithium Plus Minerals Ltd (ASX:LPM) completed the acquisition of 50% stake in MacDonnell Ranges Uranium Project and Fox Hill REE Project from Double Eagle Resources Pty Ltd and GS Metals Pty Ltd. Lithium Plus Minerals Ltd (ASX:LPM) has entered into a binding term sheet to acquire to acquire 50% stake in MacDonnell Ranges Uranium Project and Fox Hill REE Project from Double Eagle Resources Pty Ltd and GS Metals Pty Ltd on June 12, 2024. Aa part of the consideration, a cash consideration of AUD 0.1 million will be paid by Lithium Plus Minerals Ltd. along with 0.5 million LPM shares. Lithium Plus Minerals Ltd will also issue LPM 0.5 million unlisted options exercisable at AUD 0.30 each and expiring 3 years after issue. Post-completion, the Newco board will comprise a total of five directors. The transaction documents will be on customary terms which are appropriate for a transaction of this nature and will include a customary set of warranties and indemnities which are appropriate depending on the acquisition structure chosen. The transaction is subject to consummation of due diligence investigation. The expected completion of the transaction is June 12, 2024 to June 30, 2024.
Lithium Plus Minerals Ltd (ASX:LPM) completed the acquisition of 50% stake in MacDonnell Ranges Uranium Project and Fox Hill REE Project from Double Eagle Resources Pty Ltd and GS Metals Pty Ltd on August 13, 2024. Board Change • Jun 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. Executive Chairman Guo Bin is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jun 13
Lithium Plus Minerals Ltd (ASX:LPM) has entered into a binding term sheet to acquire to acquire 50% stake in MacDonnell Ranges Uranium Project and Fox Hill REE Project from Double Eagle Resources Pty Ltd and GS Metals Pty Ltd. Lithium Plus Minerals Ltd (ASX:LPM) has entered into a binding term sheet to acquire to acquire 50% stake in MacDonnell Ranges Uranium Project and Fox Hill REE Project from Double Eagle Resources Pty Ltd and GS Metals Pty Ltd on June 12, 2024. Aa part of the consideration, a cash consideration of AUD 0.1 million will be paid by Lithium Plus Minerals Ltd. along with 0.5 million LPM shares. Lithium Plus Minerals Ltd will also issue LPM 0.5 million unlisted options exercisable at AUD 0.30 each and expiring 3 years after issue. Post-completion, the Newco board will comprise a total of five directors. The transaction documents will be on customary terms which are appropriate for a transaction of this nature and will include a customary set of warranties and indemnities which are appropriate depending on the acquisition structure chosen. The transaction is subject to consummation of due diligence investigation. The expected completion of the transaction is June 12, 2024 to June 30, 2024. New Risk • Mar 20
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$8.8m 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$8.8m free cash flow). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). Market cap is less than US$100m (AU$18.5m market cap, or US$12.1m). Duyuru • Nov 11
Lithium Plus Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 8 million. Lithium Plus Minerals Ltd has completed a Follow-on Equity Offering in the amount of AUD 8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: AUD 0.4
Discount Per Security: AUD 0.02
Transaction Features: Subsequent Direct Listing Duyuru • Nov 08
Lithium Plus Minerals Ltd has filed a Follow-on Equity Offering in the amount of AUD 8 million. Lithium Plus Minerals Ltd has filed a Follow-on Equity Offering in the amount of AUD 8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: AUD 0.4
Discount Per Security: AUD 0.02
Transaction Features: Subsequent Direct Listing Duyuru • Oct 31
Lithium Plus Minerals Ltd Approves the Election of George Su as Director Lithium Plus Minerals Ltd. announced that at its Annual General Meeting held on 31 October 2023, approved the election of George Su as Director. Duyuru • Sep 29
Lithium Plus Minerals Ltd, Annual General Meeting, Oct 31, 2023 Lithium Plus Minerals Ltd, Annual General Meeting, Oct 31, 2023, at 10:00 AUS Eastern Standard Time. Location: Level 13, 60 Castlereagh Street Sydney Nsw 2000 Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Directors' report, the Remuneration Report and the auditor's report; to consider adoption of remuneration report; to consider election of director Simon Kidston; to consider election of director George Su; to consider ratification of prior issue of shares; to consider ratification of prior issue of shares pursuant to capital raising; to consider ratification of prior issue of broker options; to consider approval of 10% placement capacity. New Risk • Aug 28
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$5.2m 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$5.2m free cash flow). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (AU$28.6m market cap, or US$18.4m).