Duyuru • May 02
Prominence Energy Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.56 million. Prominence Energy Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.56 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 424,169,096
Price\Range: AUD 0.0022
Discount Per Security: AUD 0.000132
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 257,649,085
Price\Range: AUD 0.0022
Discount Per Security: AUD 0.000132
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,272,727
Price\Range: AUD 0.0022
Discount Per Security: AUD 0.000132
Transaction Features: Subsequent Direct Listing Duyuru • Nov 28
Prominence Energy Ltd Announces Retirement of Mr. Quinton Meyers as Director, Effective December 31, 2025 Prominence Energy Ltd. announced that Mr. Quinton Meyers has notified the Board of his decision to retire as a Director, effective December 31, 2025. Duyuru • Oct 31
Prominence Energy Ltd, Annual General Meeting, Nov 28, 2025 Prominence Energy Ltd, Annual General Meeting, Nov 28, 2025. Location: at nexia perth, level 4, 88 william st, perth wa 6000 Australia Duyuru • Aug 22
Prominence Energy Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.75 million. Prominence Energy Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 97,294,097
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 402,705,903
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Transaction Features: Subsequent Direct Listing Duyuru • Jun 25
Prominence Energy Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.75 million. Prominence Energy Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 97,294,097
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 402,705,903
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Transaction Features: Subsequent Direct Listing Duyuru • Jun 23
Prominence Energy Ltd (ASX:PRM) entered into a binding heads of agreement to acquire Gawler Group Holdings Pty Ltd. Prominence Energy Ltd (ASX:PRM) entered into a binding heads of agreement to acquire Gawler Group Holdings Pty Ltd on June 23, 2025. The consideration consists of 475 million common equity of Prominence Energy Ltd to be issued for common equity of Gawler Group Holdings Pty Ltd. Prominence Energy Ltd will pay an earnout/contingent payment Class A Performance Rights and Class B performance rights. The transaction will be financed through equity investment of AUD 1.75 million.
On completion of the acquisition, Prominence Energy Ltd will make the following Board changes, along with the appointment of a new Chief Operating Officer and technical Advisor.
The transaction is subject to approval of offer by acquirer shareholders, consummation of legal and financial due diligence investigation, completion of capital raising, and third-party approval needed. Duyuru • Oct 29
Prominence Energy Ltd, Annual General Meeting, Nov 27, 2024 Prominence Energy Ltd, Annual General Meeting, Nov 27, 2024. Location: nexia perth, level 3, 88 william st, perth wa 6000 Australia New Risk • Oct 01
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 (98% average weekly change). Earnings have declined by 46% per year over the past 5 years. Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€1.16m market cap, or US$1.29m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Board Change • Sep 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Ian McCubbing 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 • Sep 10
Prominence Energy Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.389 million. Prominence Energy Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.389 million.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 77,800,000
Price\Range: AUD 0.005
Discount Per Security: AUD 0.00035
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Mar 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 61% 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 (53% average daily change). Earnings have declined by 49% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€1.18m market cap, or US$1.29m). Duyuru • Mar 05
Prominence Energy Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.1625 million. Prominence Energy Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.1625 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 116,250,000
Price\Range: AUD 0.01
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Duyuru • Oct 21
Prominence Energy Ltd, Annual General Meeting, Nov 23, 2023 Prominence Energy Ltd, Annual General Meeting, Nov 23, 2023, at 12:00 W. Australia Standard Time. Location: Level 2 30 Richardson Street West Perth Western Australia Australia Agenda: To receive and consider the Annual Financial Report, together with the Directors' and Auditor's Reports, for the financial year ended 30 June 2023; to consider remuneration report; to consider the re-election of director Mr. Troy Hayden; to consider the election of Mr. Ian McCubbing; to consider the approval of 10% placement capacity; to consider the ratification of issue of placement shares under listing rule 7.1 capacity; to consider the ratification of issue of placement shares under listing rule 7.1A capacity; to consider the approval to grant placement options; to consider the approval for Alexander Parks to participate in the placement; to consider the approval for Troy Hayden to participate in the placement; to consider the approval for Ian McCubbing to participate in the placement; and to consider the approval to issue securities to Sonu Cheema. New Risk • Sep 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$10.0m free cash flow). Share price has been highly volatile over the past 3 months (59% average weekly change). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€1.56m market cap, or US$1.68m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). Recent Insider Transactions • Jun 09
Insider recently bought €118k worth of stock On the 1st of June, Paul Neate bought around 11m shares on-market at roughly €0.011 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. 