Andromeda Metals Limited is an Australian Securities Exchange listed company (ADN) with a focus on mineral exploration for gold, lithium and copper deposits in Australia

The company has built a highly prospective exploration portfolio of projects covering 7,969 sq kms within 21 exploration licences located in South Australia, Queensland, Western Australia and the Northern Territory.

Andromeda Metals (previously Adelaide Resources) was incorporated on 23 December 1993 and subsequently listed on the ASX on 11 September 1996. The company’s head office is in Adelaide, South Australia.

Andromeda Metals’ vision is to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities.

 

Company Information (as at 30 September 2018)

Ordinary Shares on Issue1,079,361,560
Cash Balance$1.774 million
Number of shareholders2,559
12 month trading0.4 to 1.4 cents
Market capitalisation$5.40 million

 

Top 20 Shareholders (as at 30 September 2018)

ShareholderNumber of Shares% Shares
Buratu Pty Limited (Connolly Super Fund A/C)139,000,00012.88
John and Shaun McDonald (Southland Snipe SF A/C)48,835,5114.52
Vulture Fish Pty Ltd35,675,0003.31
J Moody Nominees Pty Ltd (The Moody Super Fund A/C)32,000,0002.96
Edward Garnet Bunn23,000,0002.13
MLB Holdings Pty Limited (MLB Family A/C)17,000,0001.58
Mardi Bengal Investments Pty Ltd16,980,0001.57
M Spicer Investments Pty Ltd (Martin Spicer Family A/C)15,980,0001.48
Danny Eu Huat Khoo13,250,0001.23
Chunyan Niu and Ran Li12,250,0001.13
First Investment Partners Pty Ltd10,833,3331.00
Robert John Connolly10,000,0000.93
ADN LFESP Pty Ltd9,940,0000.92
William Mark Palmer & Patricia Dawn Gregory (Palmer S/F A/C)9,225,0000.85
Christopher George & Lynette Ann Drown (C&L Drown Family A/C)8,836,9700.82
George David Butkeraitis8,800,0000.82
Equity Trustees Limited (Lowell Resources Fund A/C)8,625,0000.80
Greylands Super Pty Ltd (DJMS Super Fund A/C)7,729,0380.72
HSBC Custody Nominees (Australia) Limited7,545,7020.70
Bin Liu7,239,6370.67

Overview

Andromeda Metals Limited is an Australian Securities Exchange listed company (code: ADN) focusing on mineral exploration for gold, lithium and copper deposits. Andromeda Metals currently has interests in 21 exploration licenses, covering 7,969 sq kms within South Australia, Queensland, Western Australia and the Northern Territory. Andromeda Metals’ vision is to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities.

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