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 31 December 2016)

Ordinary Shares on Issue405,767,063
Cash Balance$0.298 million
Number of shareholders2,380
12 month trading0.6 to 2.7 cents
Market capitalisation$4.1 million

 

Top 20 Shareholders (as at 31 December 2016)

ShareholderNumber of Shares% Shares
Buratu Pty Limited (Connolly Super Fund A/C)79,000,00019.47
Navigator Australia Limited (MLC Investment Settlement A/C)13,788,0893.40
MLB Holdings Pty Limited (MLB Family A/C)13,500,0003.33
ADN LFESP Pty Ltd9,940,0002.45
Greylands Super Pty Ltd (DJMS Super Fund A/C)7,729,0381.90
Edward Garnet Bunn5,000,0001.23
Norvest Projects Pty Ltd4,500,0001.11
Chris Drown & Lynette Drown (C&L Drown Family A/C)3,927,5420.97
Jilldav Pty Ltd (Convoy Super Fund A/C)3,115,0000.77
Robert Nairn Pty Ltd (Cherham A/C)2,994,3800.74
George William Cridland2,750,0000.68
Nurragi Investments Pty Ltd2,530,2630.62
HS Superannuation Pty Ltd (HS Superannuation Fund A/C)2,500,0000.62
Keith Yates & Associates Pty Ltd (Yates Family Super Fund A/C)2,451,1580.60
Keith Robert Yates2,427,2780.60
Basil Catsipordas2,400,0000.59
Carmel Elizabeth Whiting2,394,7370.59
Australian Executor Trustees Limited (No.1 A/C)2,320,1660.57
Dimitrios Piliouras & Konstantina Piliouras (Energis Super Fund A/C)2,250,0000.55
Meherali Pty Ltd (Meherali Family Super Fund A/C)2,220,0960.55

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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