OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor AAR ASX

Astral Resources NL

DFS Unfunded Developer · Gold · Australia Rating locked: sign in to view v8.1 · aar-20261030t224404-full
Last 2026-11-06
A$0.135
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$244.2M
EV
A$197.4M
Cash
A$59M
Debt
A$0

Narrative and provenance

Research & Sources

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Chronological evidenceSource-document inventory57 documents
AAR ordinary share local closing observationMarket Data · HighExtracted

Latest eligible local AAR ordinary close from market data provider via miners.collect_stock_prices; volume 1,395,137 shares.

Document ID
aar-20261030-close
Published UTC
2026-10-30T05:00:00Z
Projects
—
Commodities
—
Open original source ↗
Gold spot in Australian dollars: 30 October daily observationCommodity Data · MediumPartial

Daily XAU/AUD observation, not synchronised to the ASX closing auction and observation time not supplied. Publication timestamp is date-only where not supplied.

Document ID
gold-20261030-spot
Published UTC
2026-10-30T00:00:00Z
Projects
—
Commodities
gold
Open original source ↗
MI6 ordinary share local closeMarket Data · MediumPartial

Latest local close from data/asx_mining_companies.db via market data provider; raw close 0.74, trading volume 5472220. Publication timestamp is date-only where not supplied.

Document ID
peer-mi6-20261030-close
Published UTC
2026-10-30T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
RXL ordinary share local closeMarket Data · MediumPartial

Latest local close from data/asx_mining_companies.db via market data provider; raw close 0.53, trading volume 1080169. Publication timestamp is date-only where not supplied.

Document ID
peer-rxl-20261030-close
Published UTC
2026-10-30T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
STN ordinary share local closeMarket Data · MediumPartial

Latest local close from data/asx_mining_companies.db via market data provider; raw close 0.385, trading volume 832003. Publication timestamp is date-only where not supplied.

Document ID
peer-stn-20261030-close
Published UTC
2026-10-30T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
AAR market snapshot through 30 OctoberOther · MediumPartial

Command python -m miners.v8db.market_snapshot AAR --cutoff 2026-10-30 --shares 1808809680 --commodities gold, using local data/asx_mining_companies.db: 52-week range A$0.11–0.29; one-, three- and twelve-month returns -22.22%, 7.69%, -30.00%; 20-day average traded value A$408,699; commodity and peer database coverage was missing. Time is date-only where not supplied.

Document ID
aar-20261030-market-snapshot
Published UTC
2026-10-30T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
September 2026 quarterly activities and cash flow reportResults · HighPartial

September quarter cash and cash flow; conditional Think Big JV, tenure transactions and DFS timing.

Document ID
aar-20261029-quarterly
Published UTC
2026-10-28T22:37:00Z
Projects
mandilla · feysville · spargoville
Commodities
gold
Open original source ↗
Saturn Metals September 2026 quarterly reportOther · MediumPartial

September 2026 Appendix 5B page 20 reports cash A$110.740m; page 21 reports no loan or standby facilities. Apollo Hill 2.83Moz gold resource. Time is date-only where not supplied.

Document ID
peer-stn-20261028-quarterly
Published UTC
2026-10-28T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
Theia Stage 1 infill drillingOperations · HighPartial

65 infill holes, including 15m at 7.54 g/t Au from 95m in AMRC501.

Document ID
aar-20261027-infill
Published UTC
2026-10-26T21:45:00Z
Projects
mandilla
Commodities
gold
Open original source ↗
Minerals 260 September 2026 quarterly reportOther · MediumPartial

Bullabulling 6.2Moz resource; September cash and deposits approximately A$530m includes A$17m GST subsequently remitted. Tranche 2 financing was subject to shareholder approval. Publication timestamp is date-only where not supplied.

Document ID
peer-mi6-20261027-quarterly
Published UTC
2026-10-27T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
Minerals 260 23 October 2026 Appendix 2AOther · MediumPartial

Shares outstanding after share purchase plan issue; the proposed second tranche of the placement is separate. Publication timestamp is date-only where not supplied.

Document ID
peer-mi6-20261023-quotation
Published UTC
2026-10-23T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
Rox Resources September 2026 quarterly reportOther · MediumPartial

Rox issuer release as transcribed on FinancialFilings; Youanmi construction 39% complete, 2.195Moz resource, 727koz reserve, 1,393.8m shares and A$59.3m September cash. Debt draw A$90.2m occurred on 2 October. Publication timestamp is date-only where not supplied.

Document ID
peer-rxl-20261020-quarterly
Published UTC
2026-10-20T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
AAR notice of annual general meetingPresentation · MediumPartial

19 November AGM; notice proposes director awards and consideration share ratification, with the explanatory memorandum describing the Estrella share issue as proposed.

Document ID
aar-20261019-agm
Published UTC
2026-10-19T06:33:21Z
Projects
—
Commodities
—
Open original source ↗
Issue of 2027A performance rightsCorporate Action · HighPartial

10,210,388 performance rights issued; notice lists ordinary shares and other unquoted securities.

Document ID
aar-20261009-rights
Published UTC
2026-10-09T06:16:05Z
Projects
—
Commodities
gold
Open original source ↗
Spargoville resource updateResource Update · HighPartial

Re-estimated indicated and inferred Spargoville mineral resources, with project table and assumptions.

Document ID
aar-20261009-spargoville
Published UTC
2026-10-08T22:31:00Z
Projects
spargoville
Commodities
gold
Open original source ↗
AAR management background assessmentOther · MediumPartial

Local screening inputs management/AAR/summary.md and background-check.json; corroboration and limitations remain essential. A court judgment records an inadvertent repeat cleansing notice lapse and relief. Publication timestamp is date-only where not supplied.

Document ID
aar-local-management-20261009
Published UTC
2026-10-09T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
AAR shareholder register research snapshotOther · MediumPartial

Local ownership/AAR/investors.json; 31 August 2026 registered holders and later substantial-holder notices. This screening product is not a beneficial ownership census. Publication timestamp is date-only where not supplied.

Document ID
aar-local-ownership-20261009
Published UTC
2026-10-09T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
AAR insider dealings research snapshotOther · MediumPartial

Local command python -m miners.insider_transactions show AAR; source review through 9 October 2026 remains partial. Publication timestamp is date-only where not supplied.

Document ID
aar-local-insiders-20261009
Published UTC
2026-10-09T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
AAR ordinary share local closing observationMarket Data · HighExtracted

Latest eligible local close from market data provider via miners.collect_stock_prices; volume 2,726,759.

Document ID
aar-20260925-close
Published UTC
2026-09-25T06:00:00Z
Projects
—
Commodities
—
Open original source ↗
Annual Report for year ended 30 June 2026Results · HighPartial

Audited FY26 accounts, resource, development and arrangement review; current directors and company secretary.

Document ID
aar-20260925-annual
Published UTC
2026-09-24T22:52:00Z
Projects
mandilla · feysville · spargoville · lefroy · koongie
Commodities
gold
Open original source ↗
Saturn 25 September 2026 Appendix 2AOther · MediumPartial

Shares outstanding as of September; 99,466,557 proposed shares await FIRB approval and are excluded. Publication timestamp is date-only where not supplied.

Document ID
peer-stn-20260925-quotation
Published UTC
2026-09-25T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
Theia Deeps assay results continue to strengthen caseOperations · HighPartial

Two additional deep holes returned mineralisation within and below the April resource shell; no new resource estimate.

Document ID
aar-20260915-deeps
Published UTC
2026-09-14T23:19:00Z
Projects
mandilla
Commodities
gold
Open original source ↗
Resources Rising Stars Gold Coast conference transcriptPresentation · HighPartial

Accessible conference transcript is distorted and is not used for numeric model inputs.

Document ID
aar-20260909-conference-transcript
Published UTC
2026-09-08T23:25:00Z
Projects
mandilla
Commodities
gold
Open original source ↗
Saturn Metals FY2026 annual reportOther · MediumPartial

Saturn issuer annual report, Apollo Hill wholly owned 2.83Moz gold resource; later financing and revised September cash require further reconciliation. Publication timestamp is date-only where not supplied.

Document ID
peer-stn-20260903-annual
Published UTC
2026-09-03T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
Application for quotation of securitiesCorporate Action · HighPartial

Three million options exercised at A$0.10; issued capital after quotation shown in Appendix 2A.

Document ID
aar-20260901-quotation
Published UTC
2026-09-01T01:54:00Z
Projects
—
Commodities
—
Open original source ↗
Cleansing notice for equity issuesCorporate Action · HighPartial

Performance rights converted and employee incentives settled in shares.

Document ID
aar-20260826-cleansing
Published UTC
2026-08-26T02:00:00Z
Projects
—
Commodities
—
Open original source ↗
Land Use Agreement signed with Marlinyu GhoorlieEconomic Arrangement · HighPartial

Land Use Agreement covers Mandilla and Spargoville heritage procedures and engagement; economic compensation terms not published.

Document ID
aar-20260818-lua
Published UTC
2026-08-17T22:14:00Z
Projects
mandilla · spargoville
Commodities
gold
Open original source ↗
Diggers and Dealers Conference PresentationPresentation · MediumExtracted

Diggers and Dealer August 2026 The Mandilla Project: Advancing towards development Marc Ducler Managing Director For personal use only

Document ID
aar-20260804-diggers-and-dealers-conference-presentation
Published UTC
2026-08-04T00:56:28Z
Projects
mandilla · feysville · spargoville
Commodities
gold
Open original source ↗
Quarterly Activities & Cashflow ReportResults · HighExtracted

ASX Announcement ASX: AAR 27 JULY 2026 Astral Resources Suite 2, Lyall St, South Perth WA 6151 ACN 009 159 077 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR QUARTERLY REPORT – JUNE 2026 Highlights Mandilla Gold Project • Updated Mineral Resource Estimate ( MRE) declared of 54Mt at 1.0g/t Au for 1.74Moz of contained gold1. • 148 holes (14,782m

Document ID
aar-20260727-quarterly-activities-cashflow-report
Published UTC
2026-07-26T22:48:39Z
Projects
mandilla · feysville · spargoville
Commodities
gold
Open original source ↗
World Gold Council mid-year 2026 outlookOther · MediumPartial

July outlook discusses macro scenarios, Asian demand, central-bank demand and dollar and interest-rate uncertainty. Time is date-only where not supplied.

Document ID
world-gold-council-20260701
Published UTC
2026-07-01T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
World Bank Commodity Markets Outlook April 2026Other · MediumPartial

April 2026 Commodity Markets Outlook discusses precious metals demand, safe-haven flows, central bank buying and increased recycling. Time is date-only where not supplied.

Document ID
world-bank-202604-commodity
Published UTC
2026-04-28T00:00:00Z
Projects
—
Commodities
—
Open original source ↗
Taylor Collison Mandilla MRE updateOther · HighPartial

Independent broker note argued in-fill grades correlate with the resource model and flagged developer financing as a key risk; target price is not used.

Document ID
research-20260422-taylor
Published UTC
2026-04-22T02:00:00Z
Projects
mandilla
Commodities
gold
Open original source ↗
Mineral Resource Increased to 2.07 Million OuncesResource Update · HighExtracted

ASX Announcement ASX: AAR 21 APRIL 2026 Astral Resources Suite 2, Lyall St, South Perth WA 6151 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR MINERAL RESOURCE INCREASED TO 2.07 MILLION OUNCES - MANDILLA NOW AT 1.74 MILLION OUNCES GOLD Mandilla MRE update delivers 22% increase in contained gold, including an inaugural Measured Resource Estimat

Document ID
aar-20260421-mineral-resource-increased-to-2-07-million-ounces
Published UTC
2026-04-20T22:25:23Z
Projects
—
Commodities
—
Open original source ↗
Quarterly Activities & Cashflow ReportResults · HighExtracted

ASX Announcement ASX: AAR 20 APRIL 2026 Astral Resources Suite 2, Lyall St, South Perth WA 6151 ACN 009 159 077 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR QUARTERLY REPORT – MARCH 2026 Highlights Mandilla Gold Project • 102 holes (13,069m) of reverse circulation (RC) drilling completed during the Quarter, focussing on Theia Stage 2 grade c

Document ID
aar-20260420-quarterly-activities-cashflow-report
Published UTC
2026-04-19T22:23:44Z
Projects
mandilla · feysville · spargoville
Commodities
gold
Open original source ↗
Interim Financial ReportResults · HighExtracted

Astral Resources NL Interim Financial Report 31 December 2024 Astral Resources Suite 2, 6 Lyall St, South Perth WA 6151 ACN 009 159 077 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR ASTRAL RESOURCES NL AND ITS CONTROLLED ENTITIES ABN 24 651 541 976 Interim Financial Report For the half-year ended 31 December 2025 For personal use only

Document ID
aar-20260312-interim-financial-report
Published UTC
2026-03-12T04:29:00Z
Projects
mandilla · feysville · spargoville
Commodities
gold
Open original source ↗
Application for quotation of securities - AARCorporate Action · MediumExtracted

Appendix 2A - Application for quotation of securities Appendix 2A - Application for quotation of securities 1 / 6 Announcement Summary Entity name ASTRAL RESOURCES NL Announcement Type New announcement Date of this announcement Wednesday January 28, 2026 The +securities to be quoted are: Total number of +securities to be quoted ASX +security code Security description Number of

Document ID
aar-20260128-application-for-quotation-of-securities-aar
Published UTC
2026-01-28T06:17:45Z
Projects
—
Commodities
—
Open original source ↗
Quarterly Activities & Cashflow ReportResults · HighExtracted

ASX Announcement ASX: AAR 13 JANUARY 2026 Astral Resources Suite 2, Lyall St, South Perth WA 6151 ACN 009 159 077 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR QUARTERLY REPORT – DECEMBER 2025 Highlights Mandilla Gold Project • 52 holes (6,394 metres) of reverse circulation ( RC) drilling completed during the Quarter, focussing on Theia infil

Document ID
aar-20260113-quarterly-activities-cashflow-report
Published UTC
2026-01-12T21:52:21Z
Projects
mandilla · feysville · spargoville
Commodities
gold
Open original source ↗
Quarterly Activities & Cashflow ReportResults · HighExtracted

ASX Announcement ASX: AAR 31 OCTOBER 2025 Astral Resources Suite 2, Lyall St, South Perth WA 6151 ACN 009 159 077 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR QUARTERLY REPORT – SEPTEMBER 2025 Highlights Mandilla Gold Project • 8,270 metres of reverse circulation (RC) drilling completed during the Quarter including: o 68 holes (7,649 metres)

Document ID
aar-20251031-quarterly-activities-cashflow-report
Published UTC
2025-10-30T21:07:17Z
Projects
mandilla · feysville · spargoville
Commodities
gold
Open original source ↗
Annual ReportResults · HighExtracted

ASTRAL RESOURCES NL AND ITS CONTROLLED ENTITIES ABN 24 651 541 976 Annual Report For the year ended 30 June 2025 astralresources.com.au For personal use only

Document ID
aar-20250925-annual-report
Published UTC
2025-09-25T06:36:59Z
Projects
mandilla · feysville · spargoville
Commodities
gold
Open original source ↗
Mandilla Project Pre-Feasibility Study - Maiden Ore ReserveStudy · HighExtracted

ASX Announcement ASX: AAR 25 JUNE 2025 Astral Resources Suite 2, Lyall St, South Perth WA 6151 ACN 009 159 077 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR MANDILLA GOLD PROJECT PRE-FEASIBILITY STUDY AND MAIDEN ORE RESERVE Pre-Feasibility Study delivers a compelling case for the development of the Mandilla Gold Project with Stage 1 average g

Document ID
aar-20250625-mandilla-project-pre-feasibility-study-maiden-ore-re
Published UTC
2025-06-24T22:29:11Z
Projects
mandilla
Commodities
gold
Open original source ↗
Astral Completes Acquisition of Maximus ResourcesResource Update · HighExtracted

ASX Announcement ASX: AAR 2 MAY 2025 Astral Resources Suite 2, Lyall St, South Perth WA 6151 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR ASTRAL COMPLETES ACQUISITION OF MAXIMUS RESOURCES LIMITED Astral Resources NL (ASX:AAR) (Astral) is pleased to advise that it has completed its takeover of Maximus Resources Limited (ASX:MXR) (Maximus). As

Document ID
aar-20250502-astral-completes-acquisition-of-maximus-resources
Published UTC
2025-05-02T08:19:19Z
Projects
spargoville
Commodities
gold
Open original source ↗
Group Mineral Resource Increases to 1.62 Million OuncesResource Update · HighExtracted

ASX Announcement ASX: AAR 3 APRIL 2025 Astral Resources Suite 2, Lyall St, South Perth WA 6151 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR GROUP MINERAL RESOURCE INCREASES TO 1.62 MILLION OUNCES WITH INDICATED RESOURCES AT THE MANDILLA GOLD PROJECT EXCEEDING ONE MILLION OUNCES Astral delivers further resource growth at Mandilla with 49% inc

Document ID
aar-20250403-group-mineral-resource-increases-to-1-62-million-oun
Published UTC
2025-04-02T22:01:28Z
Projects
—
Commodities
—
Open original source ↗
Astral Issues Compulsory Acquisition NoticeTransaction · HighExtracted

ASX ANNOUNCEMENT 31 March 2025 Join Maximus’ interactive InvestorHub - www.maximusresources.com Maximus Resources Limited - Suite 12, 198 Greenhill Road, Eastwood SA, 5063 ASX:MXR Astral Issues Compulsory Acquisition Notice (>90% Acceptances) Maximus Resources Limited (‘Maximus’ or the ‘Company’, ASX:MXR) refers to the most recent substantial holder notice from Astral Resources

Document ID
aar-20250331-astral-issues-compulsory-acquisition-notice
Published UTC
2025-03-30T22:54:33Z
Projects
—
Commodities
—
Open original source ↗
Compulsory Acquisition of Maximus Resources SharesResource Update · HighExtracted

Level 29, Central Park Tower 152-158 St Georges Terrace Perth WA 6000 Australia PO Box Z5025, St Georges Terrace Perth WA 6831 T +61 8 9404 9100 F +61 8 9300 1338 31 March 2025 Online lodgement Market Announcements Office ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000 Dear Sir/Madam Astral Resources NL's off-market takeover bid for all the shares of

Document ID
aar-20250331-compulsory-acquisition-of-maximus-resources-shares
Published UTC
2025-03-30T22:32:08Z
Projects
spargoville
Commodities
gold
Open original source ↗
Extension of Takeover Offer PeriodTransaction · HighExtracted

Legal/90525929_1 Level 29, Central Park Tower 152-158 St Georges Terrace Perth WA 6000 Australia PO Box Z5025, St Georges Terrace Perth WA 6831 T +61 8 9404 9100 F +61 8 9300 1338 21 March 2025 Online lodgement Market Announcements Office ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000 Dear Sir/Madam Astral's off-market takeover bid for all the share

Document ID
aar-20250321-extension-of-takeover-offer-period
Published UTC
2025-03-21T05:06:22Z
Projects
—
Commodities
—
Open original source ↗
Takeover Update - Offer Declared Best and FinalTransaction · HighExtracted

ASX Announcement ASX: AAR 17 March 2025 Astral Resources Suite 2, Lyall St, South Perth WA 6151 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR TAKEOVER UPDATE – OFFER DECLARED BEST AND FINAL There will be no increase in the Offer consideration HIGHLIGHTS • The Offer consideration has been declared best and final, and will not be increased • Th

Document ID
aar-20250317-takeover-update-offer-declared-best-and-final
Published UTC
2025-03-16T22:20:29Z
Projects
—
Commodities
—
Open original source ↗
Extension of Takeover Offer PeriodTransaction · HighExtracted

Legal/90093435_3 Level 29, Central Park Tower 152-158 St Georges Terrace Perth WA 6000 Australia PO Box Z5025, St Georges Terrace Perth WA 6831 T +61 8 9404 9100 F +61 8 9300 1338 7 March 2025 Online lodgement Market Announcements Office ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000 Dear Sir/Madam Astral's off-market takeover bid for all the shares

Document ID
aar-20250307-extension-of-takeover-offer-period
Published UTC
2025-03-07T04:40:08Z
Projects
—
Commodities
—
Open original source ↗
Notice under section 630(3) of the Corporations ActOperations · MediumExtracted

Legal/89971692_2 Level 29, Central Park Tower 152-158 St Georges Terrace Perth WA 6000 Australia PO Box Z5025, St Georges Terrace Perth WA 6831 T +61 8 9404 9100 F +61 8 9300 1338 28 February 2025 Online lodgement Market Announcements Office ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000 Dear Sir/Madam Astral Resources NL's off-market takeover bid f

Document ID
aar-20250228-notice-under-section-630-3-of-the-corporations-act
Published UTC
2025-02-27T21:35:12Z
Projects
—
Commodities
—
Open original source ↗
Takeover Update - Offer Declared Free from ConditionsTransaction · HighExtracted

ASX Announcement ASX: AAR 24 February 2025 Astral Resources Suite 2, Lyall St, South Perth WA 6151 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR TAKEOVER UPDATE OFFER DECLARED FREE FROM CONDITIONS Astral Resources NL (ASX:AAR) (Astral) refers to its off market takeover bid to acquire all of the ordinary shares of Maximus Resources Limited (AS

Document ID
aar-20250224-takeover-update-offer-declared-free-from-conditions
Published UTC
2025-02-23T21:57:10Z
Projects
—
Commodities
—
Open original source ↗
Completion of Dispatch of Target's StatementTransaction · HighExtracted

20 February 2025 Brendon Morton Company Secretary Astral Resources NL Suite 2, 6 Lyall Street South Perth, WA 6151 Dear Brendon, RE: ASTRAL RESOURCES NL OFF -MARKET TAKEOVER BID FOR MAXIMUS RESOURCES LIMITED – COMPLETION OF DISPATCH OF TARGET’S STATEMENT We act for Maximus Resources Limited (ACN 111 977 354) (ASX:MXR) (Maximus) in relation to the off-market takeover bid under C

Document ID
aar-20250220-completion-of-dispatch-of-target-s-statement
Published UTC
2025-02-20T05:19:26Z
Projects
—
Commodities
—
Open original source ↗
Target's StatementTransaction · HighExtracted

Maximus Resources Limited Suite 12, 198 Greenhill Road, Eastwood SA 5063 T + 61 8 7324 3172 maximusresources.com.au ASX:MXR 17 February 2025 Online lodgement Market Announcements Office ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000 Dear Sir/Madam, RE: ASTRAL RESOURCES NL OFF -MARKET TAKEOVER BID FOR MAXIMUS RESOURCES LIMITED – TARGET’S STATEMENT In

Document ID
aar-20250217-target-s-statement
Published UTC
2025-02-17T07:13:47Z
Projects
—
Commodities
—
Open original source ↗
Completion of Dispatch of Bidder's StatementTransaction · HighExtracted

Legal/89957575_2 Level 29, Central Park Tower 152-158 St Georges Terrace Perth WA 6000 Australia PO Box Z5025, St Georges Terrace Perth WA 6831 T +61 8 9404 9100 F +61 8 9300 1338 5 February 2025 Online lodgement Market Announcements Office ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000 Dear Sir/Madam Astral Resources NL's off-market takeover bid fo

Document ID
aar-20250205-completion-of-dispatch-of-bidder-s-statement
Published UTC
2025-02-05T01:22:44Z
Projects
—
Commodities
—
Open original source ↗
Bidder's StatementTransaction · HighExtracted

Level 29, Central Park Tower 152-158 St Georges Terrace Perth WA 6000 Australia PO Box Z5025, St Georges Terrace Perth WA 6831 T +61 8 9404 9100 F +61 8 9300 1338 3 February 2025 Online lodgement Market Announcements Office ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000 Dear Sir/Madam Astral Resources NL's off-market takeover bid for all the shares

Document ID
aar-20250203-bidder-s-statement
Published UTC
2025-02-02T21:44:35Z
Projects
—
Commodities
—
Open original source ↗
Astral & Maximus to Merge Via Recommended Takeover OfferTransaction · HighExtracted

ASX RELEASE 1 3 February 2025 ASTRAL RESOURCES AND MAXIMUS RESOURCES TO MERGE VIA RECOMMENDED TAKEOVER OFFER HIGHLIGHTS • Astral and Maximus to merge, in doing so becoming a leading Western Australian gold developer with combined Mineral Resources of approximately 1.8Moz.1 • Astral to acquire Maximus via a unanimously recommended off-market takeover offer with 1 (one) new Astra

Document ID
aar-20250203-astral-maximus-to-merge-via-recommended-takeover-off
Published UTC
2025-02-02T21:36:35Z
Projects
spargoville
Commodities
gold
Open original source ↗
Astral Acquires 19.99% Stake in Maximus ResourcesResource Update · HighExtracted

ASX RELEASE 30 December 2024 Astral acquires 19.99% stake in Maximus Resources. Companies in Discussions Regarding Potential Corporate Transaction Astral Resources NL (ASX: AAR) (Astral) and Maximus Resources Limited (ASX: MXR) (Maximus) announce that Astral has submitted a non-binding indicative proposal to the board of directors of Maximus (Maximus Board) to acquire all of th

Document ID
aar-20241230-astral-acquires-19-99-stake-in-maximus-resources
Published UTC
2024-12-29T22:35:09Z
Projects
spargoville
Commodities
gold
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Positive Iris Infill Results for Inclusion in Mandilla PFSOperations · MediumExtracted

ASX Announcement ASX: AAR 17 DECEMBER 2024 Astral Resources Suite 2, Lyall St, South Perth WA 6151 T +61 8 9382 8822 E [email protected] astralresources.com.au | ASX: AAR POSITIVE IN-FILL RESULTS AT IRIS FOR INCLUSION IN UPCOMING MANDILLA PRE-FEASIBILITY STUDY Broad gold intercepts from in-fill drilling at Iris, including 20 metres at 1.5g/t and 28m at 1.5g/t, as well

Document ID
aar-20241217-positive-iris-infill-results-for-inclusion-in-mandil
Published UTC
2024-12-16T21:16:20Z
Projects
mandilla
Commodities
gold
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Mandilla Gold Project - Positive Scoping StudyStudy · HighExtracted

ASX Announcement 21 September 2023 SCOPING STUDY HIGHLIGHTS STRONG POTENTIAL TO DEVELOP A STANDALONE , LONG -LIFE GOLD OPERATION AT MANDILLA • Positive Scoping Study completed for the potential development of the 100% -owned Mandilla Gold Project , located near Kalgoorlie in the Goldfields region of Western Australia. • Mandilla is one of the largest undeveloped free -milling o

Document ID
aar-20230921-mandilla-gold-project-positive-scoping-study
Published UTC
2023-09-20T22:23:21Z
Projects
mandilla
Commodities
gold
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Evidence facts65
pfs-spot-slideIllustrative presentation gold price

5750 AUD/oz

2026-08-04
corporate-rosterNamed executive management

Marc Ducler; Brendon Morton; Jed Whitford; Julie Reid; Mat Wilson; Richard Jones None

2026-08-04
cash-app5bQuarter-end cash per Appendix 5B

65115000 AUD

2026-06-30
runwayReported quarters of funding

10.86 quarters

2026-06-30
ordinary-junOrdinary shares

1801045606 shares

2026-06-30
dfs-timingMandilla DFS target

March quarter 2027 None

2026-07-27
thinkbig-jvMMS proposed Think Big development JV

MMS funds 100% of development costs, recovers from cash flow, and takes 30–50% of later profit None

2026-07-27
mandilla-mreMandilla mineral resource contained gold

1736000 oz

2026-04-21
group-mreGroup mineral resource contained gold

2072000 oz

2026-04-21
hy-ordinary31 December 2025 ordinary shares

1791545606 shares

2025-12-31
subsidiariesPrincipal subsidiaries

Mandilla Gold; Feysville Gold; Maximus Resources; MXR Minerals; SX Minerals; Koongie Park Gold None

2025-12-31
jan-sharesOrdinary shares after 28 January quotation

1792545606 shares

2026-01-28
pfs-posttax-npvPFS post-tax NPV8 at FID

1001000000 AUD

2025-06-25
pfs-capexPFS pre-production capital

227000000 AUD

2025-06-25
pfs-goldPFS gold price

4250 AUD/oz

2025-06-25
pfs-productionStage 1 average production target

95000 oz/year

2025-06-25
pfs-aiscLife of mine AISC

2085 AUD/oz

2025-06-25
pfs-recoveredLife of mine recovered gold

1414000 oz

2025-06-25
maximus-acqMaximus acquisition completed

True None

2025-05-02
audited-cashAudited cash and equivalents

65103653 AUD

2026-06-30
audited-leaseCurrent plus noncurrent lease liabilities

496881 AUD

2026-06-30
audited-lossFY26 after-tax loss

-2341765 AUD

2026-06-30
audited-operatingFY26 operating cash flow

-3484654 AUD

2026-06-30
audited-shares30 June ordinary shares

1801045606 shares

2026-06-30
thinkbig-splitProposed Think Big JV profit split

50:50 to A$40m JV profit; then more favourable to Astral None

2026-09-25
komir-termsKOMIR Lefroy lithium earn-in

US$3m funding to earn 30% lithium rights None

2026-09-25
koongie-royaltyKoongie royalty

1 % NSR

2026-06-30
fy26-dfsMandilla DFS target

March quarter 2027 None

2026-09-25
fy26-rosterExecutive management

Marc Ducler; Brendon Morton; Jed Whitford; Mathew Wilson; Julie Reid; Richard Jones None

2026-09-25
deeps-15Theia Deeps drilling progress

15 of 21 planned holes completed None

2026-09-15
mre-updateMandilla MRE update guidance

March quarter 2027 None

2026-09-15
shares-currentOrdinary shares following quotation

1808809680 shares

2026-09-01
rights-currentPerformance rights

13352101 rights

2026-09-01
options-currentUnlisted options

16255257 options

2026-09-01
aug26-sharesNew ordinary shares issued

4764074 shares

2026-08-26
aug26-incentiveEmployee cash awards settled with shares

234271 AUD

2026-08-26
lua-coverMandilla and Spargoville land use agreement

True None

2026-08-18
broker-model-viewBroker resource interpretation

In-fill results correlate with the resource model None

2026-04-22
closeAAR ordinary share close

0.18 AUD/share

2026-09-25
volumeTrading volume

2726759 shares

2026-09-25
cash-septemberCash and cash equivalents

59042000 AUD

2026-09-30
dfs-q1DFS completion target

March quarter 2027 None

2026-10-29
think-big-removedThink Big removed from DFS if JV proceeds

True None

2026-10-29
resource-spargovilleSpargoville mineral resource

281000 oz Au

2026-10-09
ordinary-octOrdinary shares

1808809680 shares

2026-10-09
new-rights2027A performance rights

10210388 rights

2026-10-09
amrc501AMRC501 intercept

15m at 7.54 g/t Au from 95m None

2026-10-27
aar-20261030-close-closeAAR ordinary share close

0.14 AUD/share

2026-10-30
aar-20261030-close-volumeTrading volume

1395137 shares

2026-10-30
goldGold spot

5515.59 AUD/oz

2026-10-30
resourceBullabulling resource

6200000 oz Au

2026-10-27
cashCash and deposits at September

530000000 AUD

2026-10-27
peer-rxl-20261020-quarterly-resourceYouanmi resource

2195000 oz Au

2026-10-20
reserveYouanmi reserve

727000 oz Au

2026-10-20
sharesShares on issue

1393800000 shares

2026-10-20
peer-rxl-20261020-quarterly-cashCash at September

59300000 AUD

2026-10-20
peer-stn-20260903-annual-resourceApollo Hill resource

2830000 oz Au

2026-09-03
peer-mi6-20261030-close-closeOrdinary share close

0.74 AUD/share

2026-10-30
peer-mi6-20261030-close-volumeTrading volume

5472220 shares

2026-10-30
peer-rxl-20261030-close-closeOrdinary share close

0.53 AUD/share

2026-10-30
peer-rxl-20261030-close-volumeTrading volume

1080169 shares

2026-10-30
peer-stn-20261030-close-closeOrdinary share close

0.385 AUD/share

2026-10-30
peer-stn-20261030-close-volumeTrading volume

832003 shares

2026-10-30
peer-stn-20260925-quotation-sharesShares on issue

752184895 shares

2026-09-25
peer-mi6-20261023-quotation-sharesShares on issue

2477463137 shares

2026-10-23
Conflicts requiring judgment1
  • 30 June 2026 cash

    Use audited A$65,103,653; Appendix 5B reports A$65,115,000 and differs by A$11,347.