Venari Minerals NL

<link rel="stylesheet" href="https://use.typekit.net/hyo4wwu.css">
<style>
h1,h2, .button{
font-family: 'Transat' !important;
font-weight:900;
line-height:1rem;
}
h2{
font-size: clamp(2.8rem, 8vw, 3.8rem) !important;
padding-bottom:0px !important;
}
h3,h4{
font-family: palast-variable, sans-serif !important;
line-height:2.3rem !important;
}
.text-hubs-primary{
}
.button{
border-radius:100px !important;
}
p{
font-family: 'Palast Variable';
}
</style>



<style>
  h1 { line-height: 1.1 !important; }
  h2 { line-height: 1.05 !important; }

  h1, h2, .button { font-family: "transat", sans-serif !important; }
  p { font-family: "palast-variable", sans-serif; }
</style>




<style>
  :root {
    /* Pulled from Venari's hub theme */
    --vpd-primary:      #002316; /* Primary colour  — modal background        */
    --vpd-supporting:   #183029; /* Accent colour   — header / footer surface */
    --vpd-brand:        #A4D65E; /* Primary text col — headings, CTA, borders */
    --vpd-brand-text:   #002316; /* Text on the green CTA button              */
    --vpd-body-text:    #f3f3f3; /* Readable body text on the dark green      */
  }

  #venari-prospectus-disclaimer-overlay {
    position: fixed;
    inset: 0;
    background: rgba(0, 0, 0, 0.72);
    backdrop-filter: blur(6px);
    -webkit-backdrop-filter: blur(6px);
    z-index: 2147483000;
    display: flex;
    align-items: center;
    justify-content: center;
    padding: 20px;
    font-family: "palast-variable", -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, sans-serif;
    animation: vpd-fadeIn 0.25s ease-out;
  }

  @keyframes vpd-fadeIn { from { opacity: 0; } to { opacity: 1; } }

  #venari-prospectus-disclaimer-modal {
    background: var(--vpd-primary);
    color: var(--vpd-body-text);
    border: 1px solid rgba(164, 214, 94, 0.35);
    border-radius: 14px;
    max-width: 760px;
    width: 100%;
    max-height: 90vh;
    display: flex;
    flex-direction: column;
    box-shadow: 0 25px 60px rgba(0, 0, 0, 0.55);
    overflow: hidden;
  }

  #venari-prospectus-disclaimer-modal .vpd-header {
    padding: 24px 32px 18px;
    background: var(--vpd-supporting);
    border-bottom: 1px solid rgba(164, 214, 94, 0.25);
  }

  #venari-prospectus-disclaimer-modal .vpd-title {
    margin: 0;
    font-family: "transat", -apple-system, BlinkMacSystemFont, sans-serif;
    font-weight: 900;
    font-size: 24px;
    line-height: 1.2;
    letter-spacing: 0.02em;
    text-transform: uppercase;
    color: var(--vpd-brand);
  }

  #venari-prospectus-disclaimer-modal .vpd-body {
    padding: 24px 32px;
    overflow-y: auto;
    font-size: 14px;
    line-height: 1.65;
    color: var(--vpd-body-text);
    flex: 1;
  }

  #venari-prospectus-disclaimer-modal .vpd-body::-webkit-scrollbar { width: 8px; }
  #venari-prospectus-disclaimer-modal .vpd-body::-webkit-scrollbar-track { background: rgba(243, 243, 243, 0.06); }
  #venari-prospectus-disclaimer-modal .vpd-body::-webkit-scrollbar-thumb { background: var(--vpd-brand); border-radius: 4px; }

  #venari-prospectus-disclaimer-modal .vpd-section-title {
    font-family: "palast-variable", -apple-system, sans-serif;
    font-size: 15px;
    font-weight: 700;
    color: var(--vpd-brand);
    margin: 22px 0 8px;
  }
  #venari-prospectus-disclaimer-modal .vpd-section-title:first-child { margin-top: 0; }

  #venari-prospectus-disclaimer-modal .vpd-body p {
    margin: 0 0 12px;
    font-family: "palast-variable", -apple-system, sans-serif;
    color: var(--vpd-body-text);
  }
  #venari-prospectus-disclaimer-modal .vpd-body strong { color: #ffffff; font-weight: 700; }
  #venari-prospectus-disclaimer-modal .vpd-body ul { margin: 8px 0 12px; padding-left: 20px; }
  #venari-prospectus-disclaimer-modal .vpd-body li {
    margin-bottom: 8px;
    font-family: "palast-variable", -apple-system, sans-serif;
    color: var(--vpd-body-text);
  }
  #venari-prospectus-disclaimer-modal .vpd-body li::marker { color: var(--vpd-brand); }

  #venari-prospectus-disclaimer-modal .vpd-footer {
    padding: 20px 32px;
    background: var(--vpd-supporting);
    border-top: 1px solid rgba(164, 214, 94, 0.25);
    display: flex;
    gap: 12px;
    justify-content: flex-end;
  }

  #venari-prospectus-disclaimer-modal .vpd-btn {
    padding: 12px 30px;
    border-radius: 100px;
    font-size: 14px;
    font-weight: 700;
    cursor: pointer;
    border: none;
    transition: all 0.15s ease;
    font-family: "transat", -apple-system, sans-serif;
    letter-spacing: 0.02em;
  }

  #venari-prospectus-disclaimer-modal .vpd-btn-decline {
    background: transparent;
    color: var(--vpd-body-text);
    border: 1px solid rgba(243, 243, 243, 0.4);
  }
  #venari-prospectus-disclaimer-modal .vpd-btn-decline:hover {
    background: rgba(243, 243, 243, 0.08);
    border-color: var(--vpd-body-text);
  }

  #venari-prospectus-disclaimer-modal .vpd-btn-accept {
    background: var(--vpd-brand);
    color: var(--vpd-brand-text);
  }
  #venari-prospectus-disclaimer-modal .vpd-btn-accept:hover {
    background: #b6e07a;
    transform: translateY(-1px);
  }

  body.vpd-modal-open { overflow: hidden; }
</style>

<script>
  (function () {
    /* ------------------------------- CONFIG ------------------------------- */
    var TARGET_PATH = '/announcements/7647698';                     // prospectus page
    var HOME_URL    = 'https://venariminerals.com/';                // decline destination
    var PDF_URL     = 'https://res.cloudinary.com/investorhub/image/upload/v1785454774/leaf-prod/286/documents/Website_Disclaimer_-_Rights_Issue_-_VMS_23_07_26_8849307.1_cfsp8t.pdf';
    var PDF_TOKEN   = 'cfsp8t'; // unique Cloudinary asset id — matches the link even if params differ
    /* --------------------------------------------------------------------- */

    var OVERLAY_ID = 'venari-prospectus-disclaimer-overlay';
    var pendingUrl = null; // when set, "I Accept" opens this URL; when null, it just dismisses

    var MODAL_HTML = `
      <div id="${OVERLAY_ID}" role="dialog" aria-modal="true" aria-labelledby="vpd-title">
        <div id="venari-prospectus-disclaimer-modal">
          <div class="vpd-header"><div class="vpd-title" id="vpd-title">Website Disclaimer</div></div>
          <div class="vpd-body">
            <p>Before downloading, printing or viewing the Prospectus, please carefully read this information. By accessing the Prospectus (by clicking on the link below) you agree to and acknowledge that you have read and accept these terms and conditions of access. The information on this page is not part of the Prospectus. If you do not understand it, you should consult your professional adviser without delay.</p>

            <div class="vpd-section-title">Important Notice</div>
            <p>Venari Minerals NL (ACN 007 090 904) (<strong>Company</strong>) has lodged a prospectus dated 23 July 2026 (<strong>Prospectus</strong>) with the Australian Securities and Investments Commission (<strong>ASIC</strong>) in respect of a proposed pro-rata non-renounceable entitlement offer of one (1) bonus loyalty option (<strong>Option</strong>) for every ten (10) fully paid ordinary shares in the capital of the Company (<strong>Shares</strong>) held by those eligible shareholders registered at the record date, exercisable at $0.12 each on or before the date that is 2 years from the date of issue (<strong>Offer</strong>).</p>
            <p>The Company has specified a target market (<strong>Target Market</strong>) for investors under the Offer, which is set out in the target market determination available at www.venariminerals.com/ (<strong>TMD</strong>). The Prospectus can only be accessed by investors in the TMD.</p>
            <p>The Prospectus and TMD are important documents which should be read in their entirety. If, after reading the Prospectus you have questions about the Offer, TMD or any other matter, please contact your professional advisers without delay.</p>
            <p>Neither ASIC nor ASX Limited, nor any of their respective officers, take any responsibility for the contents of the Prospectus or the merits of the investment to which the Prospectus relates.</p>
            <p>The electronic copy of the Prospectus available on this website does not constitute an offer of, or an invitation to subscribe for, any securities. You may print out a hard copy of the Prospectus from this website or copy the electronic Prospectus on this website into an electronic file for your personal use only. You must not alter the contents of this electronic file in any way.</p>
            <p>Alternatively, you may obtain a hard copy of the Prospectus free of charge by contacting the Company by phone on +61 2 8046 2799 during office hours or by emailing the Company at admin@venariminerals.com.</p>
            <p>To the extent permitted by law, the Company is not liable for any loss incurred from accessing or downloading the Prospectus from this website, including, but not limited to, data corruption or download.</p>

            <div class="vpd-section-title">Entitlement and Acceptance</div>
            <p>As the Offer is a bonus issue of Options, eligible shareholders are not required to apply for Options under the Offer and, accordingly, there is no application form attached to the Prospectus for the Offer.</p>

            <div class="vpd-section-title">No Advice</div>
            <p>Nothing contained on this website or in the Prospectus constitutes investment, legal, business, tax or other advice. In particular, the information on this website and in the Prospectus does not take into account your financial or investment objectives, financial situation or particular needs. In making an investment decision, you must rely on your own examination of the Company, the securities being offered for and the terms of the offering, including the merits and risks involved. You should consult your professional advisers for investment, legal, business, tax or other advice.</p>

            <div class="vpd-section-title">Persons to whom Offer is available</div>
            <p>For legal reasons, the electronic version of the Prospectus accessible through this website is available to persons accessing this website from within Australia, New Zealand, Singapore, the United Kingdom and the British Virgin Islands (<strong>Permitted Jurisdictions</strong>). If you are accessing this website from anywhere outside a Permitted Jurisdiction, please do not download the electronic version of the Prospectus.</p>
            <p>The Prospectus does not constitute an offer, or invitation to apply for, of securities in any jurisdiction where, or to any person to whom, it would not be lawful to issue the Prospectus or to make the offer or invitation.</p>
            <p>It is not practicable for the Company to comply generally with the securities laws of overseas jurisdictions having regard to the number of overseas shareholders, the number and value of securities those shareholders would be offered and the cost of complying with regulatory requirements in each relevant jurisdiction. Accordingly, the offers pursuant to the Prospectus are only being extended and securities will only be issued to shareholders with a registered address in one of the Permitted Jurisdictions.</p>

            <div class="vpd-section-title">Acknowledgement</div>
            <p>By clicking "I Accept" below, you acknowledge and agree that:</p>
            <ul>
              <li>You have read and understood the TMD and that you either fall within the Target Market or, if you do not fall within the Target Market, you are accessing the Prospectus for information purposes only;</li>
              <li>You have read and understood the above terms and conditions to access the electronic version of the Prospectus;</li>
              <li>You are a resident of a Permitted Jurisdiction and you are requesting a copy of the Prospectus from within a Permitted Jurisdiction; <strong>OR</strong> if you are a resident outside of the Permitted Jurisdictions, you are accessing the Prospectus for information purposes only.</li>
            </ul>
          </div>
          <div class="vpd-footer">
            <button type="button" class="vpd-btn vpd-btn-decline" id="vpd-decline-btn">I Decline</button>
            <button type="button" class="vpd-btn vpd-btn-accept" id="vpd-accept-btn">I Accept</button>
          </div>
        </div>
      </div>`;

    function removeModal() {
      var overlay = document.getElementById(OVERLAY_ID);
      if (overlay && overlay.parentNode) overlay.parentNode.removeChild(overlay);
      document.body.classList.remove('vpd-modal-open');
      pendingUrl = null;
    }

    function showModal(targetUrl) {
      if (document.getElementById(OVERLAY_ID)) return; // already showing
      pendingUrl = targetUrl || null;

      var wrapper = document.createElement('div');
      wrapper.innerHTML = MODAL_HTML.trim();
      document.body.appendChild(wrapper.firstChild);
      document.body.classList.add('vpd-modal-open');

      var acceptBtn = document.getElementById('vpd-accept-btn');
      var declineBtn = document.getElementById('vpd-decline-btn');

      if (acceptBtn) {
        acceptBtn.addEventListener('click', function () {
          var url = pendingUrl;
          removeModal();
          if (url) {
            // open the PDF in a new tab; fall back to same tab if blocked
            var win = window.open(url, '_blank', 'noopener');
            if (!win) window.location.href = url;
          }
          // if no pending URL (prospectus page), accepting simply dismisses
        });
      }
      if (declineBtn) {
        declineBtn.addEventListener('click', function () {
          window.location.href = HOME_URL;
        });
      }
    }

    /* ---- Trigger 2: landing on / navigating to the prospectus page ---- */
    function checkRoute() {
      if (window.location.pathname.indexOf(TARGET_PATH) !== -1) {
        showModal(null);
      } else {
        removeModal();
      }
    }

    /* ---- Trigger 1: intercept clicks on the Prospectus/Disclaimer PDF ---- */
    function findAnchor(node) {
      while (node && node !== document) {
        if (node.tagName && node.tagName.toLowerCase() === 'a') return node;
        node = node.parentNode;
      }
      return null;
    }

    document.addEventListener('click', function (e) {
      var a = (e.target && e.target.closest) ? e.target.closest('a') : findAnchor(e.target);
      if (!a) return;
      var href = a.getAttribute('href') || a.href || '';
      if (href.indexOf(PDF_URL) !== -1 || href.indexOf(PDF_TOKEN) !== -1) {
        e.preventDefault();
        e.stopPropagation();
        showModal(PDF_URL);
      }
    }, true); // capture phase, so we run before any SPA link handlers

    /* ---- Run on initial load ---- */
    if (document.readyState === 'loading') {
      document.addEventListener('DOMContentLoaded', checkRoute);
    } else {
      checkRoute();
    }

    /* ---- SPA navigation detection (wraps history methods, never replaces) ---- */
    var lastPath = window.location.pathname;
    function onUrlChange() {
      if (window.location.pathname !== lastPath) {
        lastPath = window.location.pathname;
        setTimeout(checkRoute, 50); // let the SPA render the new page first
      }
    }

    var origPushState = history.pushState;
    var origReplaceState = history.replaceState;

    history.pushState = function () {
      var result = origPushState.apply(this, arguments);
      onUrlChange();
      return result;
    };
    history.replaceState = function () {
      var result = origReplaceState.apply(this, arguments);
      onUrlChange();
      return result;
    };

    window.addEventListener('popstate', onUrlChange);
    setInterval(onUrlChange, 500); // fallback poll for any routing method not covered above
  })();
</script>

Home

Corporate Directory

Corporate Governance

Board & Management

About Us

Governor Broome Project

Needles Gold Project

Red Mountain Lithium Project - Nevada, USA

Projects

Share Purchase Plan - September 2025

ASX Announcements

Investors

Research Reports

Annual Reports

Presentations

News & Media

Loyalty Option Plan 2026

Roboto

17 December 2024

ASTUTE EXECUTES SALE OF ITS WA DIAMOND ASSETS
STREAMLINING ITS PROJECT PORTFOLIO
Key Highlights
•

Astute to sell its diamond assets for $125,000 in cash.

•

Sale is consistent with Astute’s focus on its flagship assets, the
Georgina Basin IOCG Copper-Gold Project in the NT and Red
Mountain Lithium Project in Nevada, while also helping to reduce
the Company’s cash burn and deliver portfolio simplification.

•

Proceeds to be used for working capital purposes.

Astute Metals NL (ASX: ASE) (“ASE”, “Astute” or “the Company”) is pleased to announce that it is has
executed an agreement to sell its West Australian diamond assets, namely its East Kimberley Diamond
tenement E80/4120 and its Heavy Mineral Separation (HMS) plant (collectively, the Diamond Assets), for
a total consideration of $125,000 in cash to privately owned company J.B.J Capital Pty Ltd.
As part of the sale, the Company has disposed of its 100%-owned subsidiaries, East Kimberley Diamonds
Pty Ltd and Argyle Resources Limited.
The sale allows the Company to focus on the Georgina Basin IOCG Copper-Gold Project in the Northern
Territory and the Red Mountain Lithium Project in Nevada, USA.
Chairman’s comment
Astute’s Chairman Tony Leibowitz commented: “I am pleased that this transaction has been completed,
realising cash that will assist in strengthening our cash position while simplifying our portfolio and
allowing management time and resources to be dedicated to our two core assets.”
Authorisation
This announcement has been authorised for release by the Board of Astute.
More Information
Matt Healy
CEO and Executive Director
mhealy@astutemetals.com
+61 (0) 431 683 952

Nicholas Read
Media & Investor Relations
nicholas@readcorporate.com.au
+61 (0) 419 929 046

Suite 6, Level 5, 189 Kent St, Sydney NSW 2000 | GPO Box 2733, Sydney NSW 2001
+61 (0) 2 8046 2799 | admin@astutemetals.com
www.astutemetals.com

Disposal of WA Diamonds Project