Venari Minerals NL (ASX:VMS) has disclosed that its Chief Executive Officer Matthew Healy will present a company update at a Sharewise Webinar at 3pm Australian Eastern Daylight Time on 11 November 2026, covering the company's Red Mountain Project in Nevada, USA, which holds a 3.03 million tonne Lithium Carbonate Equivalent Inferred Mineral Resource Estimate.

Key Points

  • CEO Matthew Healy will present at the Sharewise Webinar at 3pm AEDT on 11 November 2026, with registration required to attend the free live-streamed event
  • Red Mountain Project holds a 3.03Mt Lithium Carbonate Equivalent (LCE) Inferred Mineral Resource Estimate, along with 2.67Mt contained Strontium Carbonate Equivalent and 12Mt contained Magnesium
  • An Exploration Target of 10.7–18.6Mt LCE has been defined, with less than 25% of prospective ground drill-tested to date
  • The company reported cash of $5.72 million as at 30 September 2026 following a recent $6.1 million capital raise, with infill drilling underway and a Mineral Resource Estimate upgrade and Scoping Study targeted by Q1 2027

Sharewise Webinar Details and Presentation

Venari Minerals disclosed that CEO Matthew Healy will deliver an update on the company's activities as part of a Sharewise Webinar scheduled for 3pm Australian Eastern Daylight Time on 11 November 2026. The event will be live-streamed and is free to attend, though registration is stated as essential. A copy of the investor presentation was appended to the filing. The presentation has been authorised for release by the Board of Venari Minerals NL. The presentation is titled "Lithium and Strontium: A Unique US Strategic Minerals Opportunity on the ASX."

Red Mountain Project — Resource and Location

The Red Mountain Project comprises 33 square kilometres of Mining Claims on Bureau of Land Management land in Nye County, Nevada, USA, and is described as 100% Venari-owned and royalty-free. The project is adjacent to Route 6 and is located approximately 20 kilometres from a high-voltage 525kV transmission line. The filing states the project is 472 kilometres from the Tesla/Panasonic Gigafactory in Sparks, Nevada. A water rights option with American Battery Technology Company (NASDAQ: ABAT) covers 113 acres of private land with 592,000 cubic metres of annual private water rights, located less than 6 kilometres south-west of the project.

Company Financials and Strategic Minerals Position

According to the filing, Venari Minerals had a share price of $0.12 as at 30 October 2026, with 168,091,637 shares on issue and a market capitalisation of $20.17 million. Cash stood at $5.72 million as at 30 September 2026, with an enterprise value of $14.45 million and debt of $1.35 million. The filing states Red Mountain is the only Mineral Resource Estimate in the US containing Strontium, which is classified as a US Department of War Strategic Material with no known substitute and for which the US is 100% import-dependent. Venari is a member of the Defense Industrial Base Consortium (DIBC).