AKA – QUARTERLY ACTIVITIES REPORT DECEMBER 2024
Quarterly Highlights
Recapitalisation & Resumption of ASX Trading: Raised $6M through Priority and Public Offers, enabling the resumption of trading on 12 November 2024.
Rebranding and Ticker Change: Transitioned to Aureka Limited, reflecting Victoria’s gold heritage and growth vision, and updated its ticker to “AKA”.
Exploration Advances: Initiated preparations for 7,000m diamond drilling program across multiple projects. Drilling commenced at Irvine and Tandarra subsequent to the quarter.
Board Strengthened: Appointment of Graeme Hunt as Non-Executive Chair, adding extensive mining and corporate experience to the leadership team.
Stakeholder Engagement: Completed 2023 and 2024 AGMs.
Cash at bank end of the quarter: $4.9M.