ASX
150 days, 13 hours ago 
AIS
Aeris Resources Limited
Notification of cessation of securities - AIS
Aeris Resources Limited announced the cessation of 2,319,743 performance rights due to employee resignations and unmet performance conditions.
ASX
150 days, 15 hours ago 
AIS
Aeris Resources Limited
Application for quotation of securities - AIS
Aeris Resources Limited (AIS) is applying for quotation of 769,959 ordinary shares following the conversion of performance rights.
ASX
160 days, 1 hours ago 
AIS
Aeris Resources Limited
SENIOR MANAGEMENT UPDATE
Aeris Resources Limited announces the appointment of a new Chief Technical Officer and Chief People Officer, replacing a retiring CTO and promoting from within.
ASX
165 days, 17 hours ago 
AIS
Aeris Resources Limited
RESULTS OF AGM
Aeris Resources Limited's 2024 Annual General Meeting saw all resolutions pass, including the re-election of a director and approval to issue an additional 10% of issued capital over 12 months.
Capital raise
 
ASX
165 days, 21 hours ago 
AIS
Aeris Resources Limited
2024 AGM PRESENTATION
Aeris Resources Limited presented its Annual General Meeting on November 27, 2024, outlining its FY25 production guidance of 40-48kt copper equivalent, driven by diversified operations and significant internal growth opportunities.
ASX
178 days, 14 hours ago 
AIS
Aeris Resources Limited
EXTENSION OF ANZ FACILITY
Aeris Resources Limited announces an extension of its ANZ facility maturity date to January 31, 2025, providing additional time to complete the refinancing process.
Capital raise
 
ASX
188 days, 16 hours ago 
AIS
Aeris Resources Limited
UPDATED SEPTEMBER QUARTERLY REPORT PRESENTATION
Aeris Resources Limited (ASX:AIS) released an updated September quarterly report presentation, clarifying cross-references to exploration results, mineral resources, and ore reserves, without materially altering the original content.
ASX
194 days, 0 hours ago 
AIS
Aeris Resources Limited
SEPTEMBER QUARTERLY REPORT PRESENTATION
Aeris Resources reported strong Q1 FY25 results, exceeding production targets at Tritton and Cracow, while Mt Colin underperformed due to processing challenges, and Jaguar remains on care and maintenance.
Better than expected
 
ASX
194 days, 0 hours ago 
AIS
Aeris Resources Limited
QUARTERLY ACTIVITIES REPORT - SEPT 2024
Aeris Resources reported strong operational results for the September 2024 quarter, with improved copper equivalent production and all-in sustaining costs, but noted challenges at Mt Colin and the ongoing care and maintenance of Jaguar operations.
Better than expected
 
Delay expected
 
ASX
198 days, 19 hours ago 
AIS
Aeris Resources Limited
ANNUAL REPORT 30 JUNE 2024
Aeris Resources reported a significant increase in Adjusted EBITDA to $107.0 million in FY24, driven by improved production and higher commodity prices, despite lower revenue and challenges at some operations.
Better than expected
 
AIS 
Aeris Resources Limited 
ASX

EXTENSION OF ANZ FACILITY

Sentiment:
 Facility Extension Announcement
 14 November 2024 2:57 AM

Aeris Resources Limited announces an extension of its ANZ facility maturity date to January 31, 2025, providing additional time to complete the refinancing process.

Capital raise
  The refinancing process implies the company is seeking additional capital, though the specific method is not detailed. 

Summary
  • Aeris Resources Limited (ASX: AIS) has secured an extension to its ANZ facility.
  • The maturity date of the Contingent Instrument Facility has been extended to January 31, 2025.
  • This extension provides additional time to complete the ongoing refinancing process.
  • The refinancing process is progressing well.
Sentiment

Score: 6

Explanation: While the extension is positive in that it buys more time, the underlying need for refinancing indicates some financial pressure. The overall sentiment is cautiously optimistic.

Highlights
  • The maturity date of the ANZ Contingent Instrument Facility has been extended to January 31, 2025.
  • The refinancing process is progressing well.
Positives
  • The ANZ facility has been extended, providing more time to complete the refinancing.
  • The refinancing process is progressing well.
Risks
  • The company is still undergoing a refinancing process, indicating potential financial challenges.
Future Outlook

The company expects to complete its refinancing process by January 31, 2025.

Management Comments
  • 'The refinancing process continues to progress well.'
Industry Context

This announcement reflects the current challenges faced by mining companies in securing financing, particularly in a potentially volatile market environment. The extension suggests a need for more time to secure alternative funding sources.

Next Steps
  • Complete the refinancing process by January 31, 2025.
Key Dates
  • November 14, 2024: Date of the ASX/Media Release announcing the extension of the ANZ facility.
  • January 31, 2025: Extended maturity date of the ANZ Contingent Instrument Facility.
Keywords
refinancing, ANZ, Contingent Instrument Facility, Aeris Resources, ASX: AIS, maturity date, facility extension
AIS 
Aeris Resources Limited 
ASX
Sector: Materials
 
Filings with Classifications
Capital raise
7 May 2025 7:31 PM
Market Announcement
  • The announcement concerns a capital raising by Aeris Resources Limited.
Delay expected
27 April 2025 7:52 PM
Quarterly Report
  • Underground ore production was impacted by delays to stope filling at Budgerygar due to a failure of the newly commissioned paste pump.
  • Ramp up to full production at Murrawombie Pit was slower than expected due to the contractor having difficulty securing skilled operators.
Better than expected
30 March 2025 7:12 PM
Mineral Resource Update
  • The document contains better than expected results due to the significant increase in copper and gold resources at the Constellation deposit, with a substantial upgrade to the Indicated Mineral Resource.
Better than expected
26 February 2025 5:48 PM
Half-Year Results
  • The company's financial results for HY25 are significantly better than HY24, with increased revenue, lower costs, and a substantial improvement in profitability.
Delay expected
2 February 2025 7:45 PM
Quarterly Report
  • There were delays to the paste fill plant at Budgerygar.
Capital raise
2 February 2025 7:45 PM
Quarterly Report
  • The ANZ facility was renewed to July 2025 to facilitate the refinancing process.
  • The company is working to complete refinancing.
Delay expected
30 January 2025 6:03 PM
Quarterly Report
  • The new paste fill pump and reticulation system at the Budgerygar mine was delayed due to overseas supplier issues.
Capital raise
27 November 2024 12:21 AM
Annual General Meeting Results
  • The AGM approved the issuance of an additional 10% of the issued capital over a 12-month period.
Capital raise
14 November 2024 2:57 AM
Facility Extension Announcement
  • The refinancing process implies the company is seeking additional capital, though the specific method is not detailed.
Better than expected
29 October 2024 6:34 PM
Quarterly Report
  • Tritton and Cracow exceeded production expectations, resulting in better than expected overall production.
  • The AISC was lower than expected, indicating better cost management.
Delay expected
29 October 2024 6:23 PM
Quarterly Operational Report
  • The completion of mining activities at Mt Colin is now expected in late November 2024.
Better than expected
29 October 2024 6:23 PM
Quarterly Operational Report
  • Copper equivalent production exceeded expectations, reaching 10.2kt for the quarter.
  • All-in sustaining costs (AISC) were lower than anticipated at A$5.32/lb.
Better than expected
24 October 2024 10:55 PM
Annual Report
  • Despite lower overall revenue, Aeris Resources significantly exceeded expectations for Adjusted EBITDA, demonstrating improved operational efficiency and benefiting from higher commodity prices.
Capital raise
24 October 2024 10:52 PM
Annual General Meeting Notice
  • Resolution 3 proposes issuing up to an additional 10% of the issued capital over a 12-month period.
  • Funds raised would be used for exploration, assessing investment opportunities, and working capital.
Delay expected
29 July 2024 11:29 PM
Company Presentation
  • Mt Colin's copper production was below guidance due to limited toll processing availability, indicating a delay in processing mined ore.
Delay expected
29 July 2024 7:52 PM
Quarterly Activities Report
  • Mining activities at Mt Colin are now expected to continue until early Q2 FY25, which is later than the previously expected late Q4 FY24.
Delay expected
17 July 2024 11:02 PM
Presentation
  • Delays in toll processing for Mt Colin have resulted in a significant buildup of ore stockpiles.
Worse than expected
10 July 2024 7:20 PM
Missing type for ID: 3564
  • ASX:AIS announces worse than expected results.
Better than expected
10 July 2024 7:20 PM
Missing type for ID: 3564
  • ASX:AIS announces better than expected results.
Better than expected
3 July 2024 7:39 PM
Metallurgical Testwork Results
  • The metal recoveries are better than the original conventional flotation flowsheet.
Worse than expected
2 July 2024 6:21 PM
Exploration Update
  • The DHEM results suggest that the targeted copper lodes are deeper than initially anticipated, which could increase exploration costs and delay potential production.
Delay expected
16 June 2024 7:22 PM
Group Mineral Resource and Ore Reserve Statement
  • The Jaguar Ore Reserve has not been updated since the previous reporting period (end December 2022).
Worse than expected
16 June 2024 7:22 PM
Group Mineral Resource and Ore Reserve Statement
  • The document contains worse than expected results due to the overall decrease in Group Ore Reserve tonnage.
Better than expected
7 May 2024 6:22 PM
Exploration Update
  • The new IP anomaly is larger than the one associated with the existing Canbelego Main Lode, suggesting the potential for a larger copper deposit.
Worse than expected
29 April 2024 8:01 PM
Quarterly Report
  • Tritton's metal production was impacted by labour and equipment availability, leading to lower than expected output.
Delay expected
29 April 2024 7:04 PM
Quarterly Activities Report
  • Mt Colin toll processing and copper production are behind schedule.
  • Due to reduced processing runs through the year, copper production is forecast to be below guidance for FY24 at Mt Colin.
Better than expected
8 April 2024 7:05 PM
Exploration Update
  • The document contains better than expected results because new geophysical surveys have identified significant new copper targets in close proximity to known, high-grade copper mineralisation at the Canbelego deposit.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.