Askari Metals to Rename as Highland Metals Limited with New Ticker HLM from 3 November 2026

Sonal Goyal

02 November 2026 05:19 PM AEDT

Askari Metals to Rename as Highland Metals Limited with New Ticker HLM from 3 November 2026

Image Source: Krish Capital Pty Ltd

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Askari Metals Limited (ASX:AS2) has disclosed that it will change its name to Highland Metals Limited, with the change taking effect from Tuesday, 3 November 2026, at which point the company's securities will trade on the Australian Securities Exchange under the new ticker code ASX:HLM.

Key Points

Askari Metals Limited will change its name to Highland Metals Limited effective 3 November 2026
The company's ASX ticker code will change from AS2 to HLM on the same date
The name and ticker change will not affect the existing rights or holdings of shareholders
Shareholders are not required to take any action as a result of the change

Name Change and New ASX Ticker Details

According to the filing, Askari Metals Limited will formally become Highland Metals Limited on Tuesday, 3 November 2026. From that date, the company will trade on the Australian Securities Exchange as Highland Metals Limited under the ticker code HLM, replacing the existing Askari Metals Limited (ASX:AS2) designation. The company stated that the change of name and ASX ticker code will not affect the existing rights or holdings of shareholders, and that shareholders are not required to take any action as a result of the change.

Executive Director Comment on the Transition

Executive Director Gino D'Anna commented on the name change in the filing: "The transition to Highland Metals marks the beginning of an exciting new chapter for the Company. Our new name and ASX code provide a refreshed corporate identity that better reflects the direction of the business as we continue to build and advance our portfolio of mineral assets. We look forward to introducing Highland Metals to the market and continuing to deliver on our strategy under the new HLM identity." The filing was authorised for release by the Board of Askari Metals Limited.

Company's Mineral Asset Portfolio

The filing describes Askari Metals as a focused African exploration company with a portfolio of gold and critical minerals projects in Ethiopia and Namibia. The company's Nejo Project in Ethiopia is described as an advanced-stage brownfields gold and copper opportunity located on the Arabian-Nubian Shield, with a landholding of approximately 1,200 square kilometres. In Namibia, the company holds a 100%-owned Uis Project, described as a polymetallic critical minerals project located within the Cape Cross–Uis Pegmatite Belt, with access to the Walvis Bay Deepwater Port via sealed road infrastructure.

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