Almasar Minerals Limited

Almasar Minerals Limited

AMK.AX
Almasar Minerals LimitedAU flagAustralian Securities Exchange
0.25
AUD
+0.00
- -
34.41MMarket Cap
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Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Brock Salier
Sector
Basic Materials
Industry
Other Precious Metals
Address
197 St Georges Terrace Perth WA Australia 6000
IPO Date
Aug 27, 2026
Business
Almasar Minerals Limited operates as a precious- and base-metals exploration company focused on the discovery, evaluation and potential development of gold and copper mineral deposits in the Kingdom of Saudi Arabia. The Company’s principal activities comprise regional geological targeting; compilation and interpretation of proprietary and government geoscience datasets; geological mapping, geochemical sampling, geophysical surveying, drilling and resource-definition exploration; and the assessment of prospective orogenic gold, volcanogenic massive sulphide copper-gold and copper-porphyry mineral systems. Almasar holds five granted exploration licences covering approximately 420 square kilometres in the Arabian Shield, targeting prospective gold and copper belts, and also reports exposure to zinc and silver exploration potential. Its operations are concentrated in Saudi Arabia, while its corporate office is located at Level 12, 197 St Georges Terrace, Perth, Western Australia. Founded in 2024, Almasar is led by Chief Executive Officer and Managing Director Dr Brock Salier and is supported by mining funds and family offices. In its most significant recent corporate development, the Company pursued an ASX listing under the ticker AMK, with an offer price of A$0.20 per ordinary share and planned capital raising of A$27 million; Oracle Capital Group Pty Ltd and 708 Capital Pty Ltd acted as joint lead managers, with the offering not underwritten. The financing is intended to support the advancement of its Saudi Arabian gold and copper exploration portfolio and associated exploration programs.