AS2
Director Trades
| Date | Director | Value |
|---|---|---|
| 6/11/24 | G. D’Anna | $23,580 |
| 10/10/25 | Gino D’Anna | $7,070 |
Company News
Askari Metals Turns Focus to African Projects after Finalising Sale of Gold Subsidiary
Askari Metals (ASX: AS2) has completed the $700,000 sale of its Australian subsidiary First Western Gold (FWG) to Forrestania Resources (ASX: FRS). The deal, which the two companies announced in mid-September, aligns with Askari’s strategy of focusing on its large African exploration projects. The divestment of seven exploration licenses and an exploration license application – including the […]
Askari Metals Launches $1.5m Rights Issue to Progress Ethiopian Gold-Copper Project
Askari Metals (ASX: AS2) has announced a rights issue aimed at adding a further $1.5 million to support its exploration of the Nejo gold-copper project in Ethiopia. The new funding move comes on top of the company’s $700,000 sale of Australian subsidiary First Western Gold to Forrestania Resources (ASX: FRS) in mid-September. The growing bank balance will assist […]
Askari Metals Raises Funds for African Exploration with Sale of Australian Gold Assets to Forrestania
Askari Metals (ASX: AS2) has added $700,000 to its African exploration funds with the sale of Australian subsidiary First Western Gold to Forrestania Resources (ASX: FRS). The company will receive $250,000 in cash, along with tradable shares currently valued at $450,000, from Forrestania in exchange for seven exploration licenses and one exploration license application in […]
Askari Metals Prepares to Move Forward with Nejo Gold-Copper Project in Ethiopia
Askari Metals (ASX: AS2) is preparing to submit an immediate start-work program for the Nejo gold and copper project in Ethiopia after making further progress with due diligence covering its acquisition. Askari announced in early July 2025 that it was acquiring Nejo from Xingxu Mining for an upfront acquisition cost of $200,000 in cash, $200,000 […]
Askari Metals Completes Technical Due Diligence at Nejo Gold-Copper Project in Ethiopia
Askari Metals (ASX: AS2) has completed its technical due diligence at the advanced brownfields Nejo gold and copper project in Ethiopia, clearing a key milestone ahead of finalising the acquisition. The 1,174 square kilometre landholding is located on the globally significant Arabian-Nubian Shield mineral belt, surrounding the 1.7 million ounce Tulu Kapi gold project and […]
Askari Metals to Launch Major Exploration at Nejo Gold-Copper Project in Ethiopia
Following its recent desktop study exploration success, Askari Metals (ASX: AS2) is set to accelerate activities designed to build on its understanding of the new Nejo gold and copper project in Ethiopia. Askari announced in early July that it had acquired Nejo for an upfront cost of $200,000 in cash, $200,000 in shares and 20 […]
Askari Metals Identifies High-Grade Copper Opportunity at Newly Acquired Nejo Project
Askari Metals (ASX: AS2) has already added value to its newest asset, with studies identifying significant copper upside at the Nejo gold project in Ethiopia. After acquiring Neko earlier this month, Askari has wasted no time investigating the upside of the operation, located in a globally significant greenstone belt. The initial phase of Askari’s high-impact, […]
Askari Metals Set to Fast-Track Exploration at New Nejo Gold Project in Ethiopa
Askari Metals (ASX: AS2) is preparing to hit the ground running at its newly acquired Nejo gold project in Ethiopia. The company’s acquisition of Nejo earlier this month has added scale, high-grade gold upside, proven mineralisation, and proximity to major gold operations on a globally significant greenstone belt. Askari is now focused on high-impact, low-cost exploration […]
Askari Metals Broadens African Focus with Acquisition of Advanced Nejo Gold Project
Askari Metals (ASX: AS2) has added to its African portfolio with the acquisition of Hong Kong-based Xingxu Mining International Investment Co and its advanced Nejo gold project in central-western Ethiopia. The deal provides Askari with exposure to a brownfields gold project with large-scale resource potential in the highly prospective Arabian-Nubian Shield (ANS), which hosts multi-million-ounce […]
Askari Metals targets buried LCT pegmatites at Uis project with low-cost, high-impact exploration
Askari Metals (ASX: AS2) has commenced the design and planning of a low-cost, high-impact Phase I exploration campaign at licence EPL 7626 within its Uis lithium project in central-west Namibia. Askari’s Uis project is highly prospective for polymetallic mineralisation including tin, tantalum, rubidium and lithium, as evidenced through previous exploration across neighbouring licences owned by […]
