Apollo Minerals Limited
AON.ASXMaterials
Exploration and development of Kroussou Project in Gabon
Market Data
$0.068
+0.1%$77.8M
-100000.0x
$-0.005
0.00%
+0.4%
Latest Earnings
March 2026 Quarterly Report
30 April 2026
Apollo Minerals completed a successful capital raise of A$9.35m (including A$2.8m from strategic investor Tribeca Investment Partners), providing runway to advance its flagship Couflens high-grade tungsten-gold project in France following favorable Conseil d'Etat court ruling reinstating the exploration permit. The company is progressing historical data review, permitting activities, and preparation for future drilling at Couflens while maintaining exploration programs at Gabon (Kroussou zinc-lead and Salanie gold) and Serbia (Belgrade copper) projects. Key points: Couflens exploration permit (PER) reinstated by France's highest administrative court (Conseil d'Etat) in January 2026, confirming validity in form, procedure and substance after multi-year legal proceedings; Successfully raised A$9.35m gross proceeds in the quarter, including A$2.8m from strategic investor Tribeca Investment Partners (5.6% substantial shareholder), validating the Couflens opportunity; Couflens contains exceptional high-grade tungsten and gold mineralisation: historical Salau mine produced 930,000 tonnes at 1.5% WO3 (13,950 tonnes WO3 concentrate); current rock chip samples confirm up to 8.25% WO3 and 24.5g/t Au at surface
Recent Announcements
March 2026 Quarterly Report
Apollo Minerals completed a successful capital raise of A$9.35m (including A$2.8m from strategic investor Tribeca Investment Partners), providing runway to advance its flagship Couflens high-grade tungsten-gold project in France following favorable Conseil d'Etat court ruling reinstating the exploration permit. The company is progressing historical data review, permitting activities, and preparation for future drilling at Couflens while maintaining exploration programs at Gabon (Kroussou zinc-lead and Salanie gold) and Serbia (Belgrade copper) projects. Key points: Couflens exploration permit (PER) reinstated by France's highest administrative court (Conseil d'Etat) in January 2026, confirming validity in form, procedure and substance after multi-year legal proceedings; Successfully raised A$9.35m gross proceeds in the quarter, including A$2.8m from strategic investor Tribeca Investment Partners (5.6% substantial shareholder), validating the Couflens opportunity; Couflens contains exceptional high-grade tungsten and gold mineralisation: historical Salau mine produced 930,000 tonnes at 1.5% WO3 (13,950 tonnes WO3 concentrate); current rock chip samples confirm up to 8.25% WO3 and 24.5g/t Au at surface
Ceasing to be a substantial holder
ROFA Investments (Gibraltar) Limited has ceased to be a substantial holder of Apollo Minerals Limited as of 25 July 2026, following a placement of 7,000,000 shares on 6 July 2026 and a dilution due to share issue of 58,580,000 shares on 25 July 2026.
Becoming a substantial holder
Tribeca Investment Partners Pty Ltd became a substantial shareholder in Apollo Minerals Limited (ASX:AON) on 25 March 2026, acquiring 70,000,000 ordinary fully paid shares (5.58% voting power) for $2,800,000 cash via placement.
Get real-time alerts for AON
Receive AI-powered earnings summaries and instant notifications when Apollo Minerals Limited releases results.
Register Free