Adavale Resources Ltd (ADD)

Snapshot

ADD's Principal Activity is the mining explorations and development in Australia and Africa.

Announcements

Corporate Overview

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date	Amount	Franking	Gross	Type	Payable
No dividends paid.

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See Upcoming Dividends for all ASX companies.

Directors & Management

Name	Title	Since	Bio
Mr Leonard Vun Chee Math	Chief Financial Officer,Company Secretary	Oct 2021
Mr David Noel Riekie	Non-Executive Director	Jul 2021	Mr David Noel Riekie Non-Executive Director Mr Riekie is an experienced director in the capacity of both Executive and Non-Executive roles of ASX listed companies. His career has spanned multiple continents. Within Africa Namibia, Tanzania, Eritrea, South Africa, DRC and Mozambique are notable. He has manages exploration and resource development, scoping and feasibility studies, production optimisation, stakeholder engagement, acquisition programs and expansion initiatives. David most recently has served on the Boards of remote power generation and energy solutions specialist Zenith Energy Limited (ASX: ZEN), independent uranium producer Paladin Energy Limited (ASX: PDN) and minerals explorer MetalsTech Limited (ASX: MTC). David also served as interim CEO to Poseidon Nickel Limited (ASX: POS).
Mr John Desmond Hicks	Non-Executive Director	Jul 2021	Mr John Desmond Hicks Non-Executive Director Mr Hicks is a nickel sulphide executive with over 40 years' experience in the exploration and mining sector, including a 15 year tenure as the General Manager of Exploration for Panoramic Resources Limited (ASX:PAN). Prior to Panoramic, John held various roles with several mining companies including Australian Consolidated Minerals Limited, and WMC Limited. John's nickel career includes senior exploration and development roles for the Mount Keith, Silver Swan, Lanfranchi and Savannah nickel projects. During his tenure at Panoramic Resources, John was involved in discovering the komatiite hosted Deacon orebody at Lanfranchi and the Savannah North nickel orebodies, in Western Australia.
Mr Allan Ritchie	Chief Executive Officer	Sep 2020
Mr Rodney Chittenden	Non-Executive Director	Aug 2020	Mr Rodney Chittenden Non-Executive Director Mr Chittenden has 40 years of experience in the Minerals industry across Africa, Australia and South America, both in executive management roles and metallurgical project development roles from exploration to production. Rod has largely resided in Africa for more than a decade and worked on Magnis Energy Technologies (ASX:MNS) Nachu Graphite Project, spearheading initial metallurgical programs. Rod also involved in the commissioning of Paladin Energy's (ASX:PDN) Langer Heinrich and Kayelekera projects. Prior to that Rod has worked for major miners including Newcrest (ASX:NCM) and Barrick Gold (NYSE:GOLD).
Mr Grant Pierce	Non-Executive Chairman,Non-Executive Director	Aug 2020	Mr Grant Pierce Non-Executive Chairman,Non-Executive Director Mr Pierce has 30 years of operating experience in both Australia and Africa. He has managed both open-pit and underground mines across a range of mineral commodities. In addition, he has held numerous senior development roles, taking green and brown field projects to either shovel ready status or into production. Grant was a member of the development team that built Tanzania's first modern gold mine, Resolute's Golden Pride Project (ASX:RSG) and was Operations Manager of the mine for its first 6 years. Other senior roles include Executive General Manager (Tanzania) for Barrick Gold Corporation (NYSE:GOLD), during which time the Tulawaka Gold Mine was built and subsequently General Manager Operations for Perseus Mining, taking the Edikan Gold Project from the environmental permitting stage to its first gold pour. Most recently Grant was an Executive Director of EcoGraf Limited (ASX:EGR) and was involved in the development of the Company, leading to the Company receiving the Epanko Graphite Projects' Environmental Certificate, Mining Licence, delivering the Bankable Feasibility Study and subsequent completion of banking independent due diligence.

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Director Transactions

Date	Director	Type	Amount	Price	Value	Notes
09/08/21	Grant Pierce	Issued	159,741	$0.075	$11,932	Director remuneration
09/08/21	Rodney Chittenden	Issued	159,741	$0.075	$11,932	Director remuneration
29/07/21	Grant Pierce	Buy	+83,334	$0.06	$4,975	On-market trade
22/06/21	Rodney Chittenden	Buy	+120,945	$0.084	$10,123	On-market trade
22/06/21	Grant Pierce	Buy	+62,000	$0.082	$5,065	On-market trade
08/06/21	Grant Pierce	Buy	+31,087	$0.097	$3,000	On-market trade
03/06/21	Grant Pierce	Buy	+26,600	$0.09	$2,404	On-market trade
19/05/21	Grant Pierce	Buy	+71,429	$0.07	$5,000	On-market trade
22/04/21	Grant Pierce	Buy	+90,900	$0.055	$5,000	On-market trade
07/04/21	Grant Pierce	Issued	213,553	$0.056	$11,958	Director remuneration
07/04/21	Rodney Chittenden	Issued	213,553	$0.056	$11,958	Director remuneration
07/04/21	Rodney Chittenden	Transfer	263,230	$0.05	$13,161	Off-market transfer
07/04/21	Rodney Chittenden	Transfer	263,230	$0.05	$13,161	Off-market transfer
07/04/21	Steven (Stephen) Georgiadis	Issued	213,553	$0.056	$11,958	Issue of securities
18/03/21	Grant Pierce	Buy	+108,700	$0.046	$5,000	On-market trade
11/03/21	Grant Pierce	Buy	+100,000	$0.05	$5,000	On-market trade
10/03/21	Grant Pierce	Buy	+100,000	$0.05	$5,000	On-market trade
20/01/21	Steven (Stephen) Georgiadis	Issued	560,000	$0.039	$21,840	Issue of securities
20/01/21	Grant Pierce	Issued	560,000	$0.039	$21,840	Issue of securities
20/01/21	Rodney Chittenden	Issued	560,000	$0.039	$21,840	Issue of securities
31/12/20	Rodney Chittenden	Issued	263,230	$0.032	$8,423	Issue of securities
31/12/20	Steven (Stephen) Georgiadis	Issued	263,230	$0.032	$8,423	Issue of securities
31/12/20	Grant Pierce	Issued	263,230	$0.032	$8,423	Issue of securities
17/12/20	Grant Pierce	Buy	+110,000	$0.045	$5,000	On-market trade
25/11/20	Grant Pierce	Buy	+92,593	$0.054	$5,000	On-market trade
20/11/20	Grant Pierce	Buy	+106,383	$0.047	$5,000	On-market trade
19/11/20	Grant Pierce	Buy	+104,168	$0.048	$5,000	On-market trade
17/11/20	Grant Pierce	Buy	+111,111	$0.045	$5,000	On-market trade
09/11/20	Grant Pierce	Buy	+151,515	$0.034	$5,151	On-market trade
05/11/20	Grant Pierce	Buy	+158,740	$0.031	$5,000	On-market trade
26/10/20	Grant Pierce	Buy	+152,812	$0.032	$4,890	On-market trade
26/10/20	Rodney Chittenden	Buy	+290,000	$0.034	$9,860	On-market trade
15/05/20	Gary Stewart	Sell	+1,000,000	$0.014	($14,000)	Off-market trade
12/05/20	Louis (Lou) Clinton	Sell	+250,000	$0.018	($4,376)	On-market trade
23/03/20	Gary Stewart	Buy	+1,000,000	$0.02	$20,000	Placement
23/03/20	Louis (Lou) Clinton	Buy	+250,000	$0.02	$5,000	Placement

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Director Interests

Director	Last Notice	Direct Shares	Indirect Shares	Options	Convertibles
Grant Pierce	09/08/2021	2,288,231	N/A	N/A	N/A
Rodney Chittenden	09/08/2021	636,524	410,945	N/A	N/A
David Riekie	28/07/2021	300,000	500,000	N/A	N/A
John Hicks	07/07/2021	0	N/A	N/A	N/A

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Top 20 Shareholders

About the Data

Name	Shares	Capital
Mr Matthew John Boysen	9,525,000	5.56%
Raar Capital Pty Ltd	7,663,338	4.48%
Mr William McArthur	6,419,667	3.75%
Mr Frank Poullas	6,000,000	3.50%
Mr Louis Alfred Clinton	5,713,333	3.34%
Stone Investments & Holdings Pty Limited	5,487,289	3.21%
Allsafe Roofing Pty Ltd	5,333,333	3.12%
AM 49 Pty Ltd	5,333,333	3.12%
LKC Technology Pty Ltd <Lkc Technology P/L S/F A/C>	5,000,000	2.92%
Markets Alert Pty Limited	5,000,000	2.92%
Mr Peter Andrew Proksa	5,000,000	2.92%
Distington Holdings Pty Limited	4,333,333	2.53%
Mr Adrian Dunphy	4,083,333	2.39%
Solar Mate Pty Ltd <SFN Family A/C>	3,766,667	2.20%
Mr Haryono Eddyarto	3,707,728	2.17%
M & K Korkidas Pty Ltd <M&K Korkidas P/L S/Fund A/C>	2,523,656	1.47%
Mrs Katherine Grace Boysen	2,505,000	1.46%
Mr Theo Karantzias	2,500,000	1.46%
Mr Anthony John O'Toole	2,390,000	1.40%
Arthur Phillip Nominees Pty Ltd	2,359,922	1.38%

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Shareholder Distribution

As reported in the most recent Annual Report.

The most recent Annual Report didn't contain Shareholder Distribution data.

Substantial Shareholders

Shareholders Buying

12 month transaction history compiled from ASX announcements.

No buy transactions reported by Substantial Shareholders in the past 12 months.

Shareholders Selling

12 month transaction history compiled from ASX announcements.

No sell transactions reported by Substantial Shareholders in the past 12 months.

Share Price History

Date	Close	Change	%Chg	Open	High	Low	Volume	Turnover

Full Month

Historical Data

Year	Closing Price	Last Trade
2020	$0.012	30 June
2019	$0.009	28 June
2018	$0.012	29 June
2017	$0.011	28 June
2016	$0.015	28 June
2015	$0.018	30 June
2014	$0.002	30 June

ADD Historical Price Data (CSV)

Up to 20 years of EOD share price history

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