Board Change • May 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non Executive Chairman Peter Bird was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 23
Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.009989 million. Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.009989 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,233,206
Price\Range: AUD 0.0081
Transaction Features: Subsequent Direct Listing Annonce • Feb 06
Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.550881 million. Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.550881 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 155,088,121
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Transaction Features: Rights Offering Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non Executive Chairman Peter Bird was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Oct 01
Cosmo Metals Limited, Annual General Meeting, Nov 26, 2025 Cosmo Metals Limited, Annual General Meeting, Nov 26, 2025. Annonce • Jul 31
Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 74,283,907
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,882,759
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,944,445
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Transaction Features: Subsequent Direct Listing Annonce • Apr 24
Cosmo Metals Limited (ASX:CMO) completed the acquisition of Bingara and Nundle gold projects from Great Southern Gold Corp. Cosmo Metals Limited (ASX:CMO) entered into binding heads of agreement to acquire Bingara and Nundle gold projects from Great Southern Gold Corp. for AUD 4 million on February 12, 2025. Subject to satisfaction (or waiver) of the conditions, the consideration payable by Cosmo Metals for the acquisition is comprised of a payment of a non-refundable exclusivity fee of AUD 50,000, Payment of AUD 250,000 in cash and Payment of AUD 450,000 by the issue of 30,000,000 fully paid ordinary shares in the capital of Cosmo Metals at completion of the transaction, issue of a total of 96,666,667 performance shares convertible to Cosmo Shares in two tranches and cash of AUD 1.55 million as contingent payment. The transaction will be financed through equity investment of AUD 1.57 million.
The transaction is subject to approval of offer by acquirer shareholders and consummation of due diligence investigation. The expected completion of the transaction is April 3, 2025.
Cosmo Metals Limited (ASX:CMO) completed the acquisition of Bingara and Nundle gold projects from Great Southern Gold Corp. on April 22, 2025. Annonce • Mar 26
Cosmo Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.571914 million. Cosmo Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.571914 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 104,794,299
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Transaction Features: Rights Offering Annonce • Feb 12
Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.571914 million. Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.571914 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 104,794,299
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Transaction Features: Rights Offering Annonce • Sep 24
Cosmo Metals Limited, Annual General Meeting, Nov 19, 2024 Cosmo Metals Limited, Annual General Meeting, Nov 19, 2024. New Risk • Sep 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.2m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (117% increase in shares outstanding). Revenue is less than US$1m (AU$6.5k revenue, or US$4.4k). Market cap is less than US$10m (AU$3.88m market cap, or US$2.65m). New Risk • Sep 06
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (117% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.01m market cap, or US$2.70m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Annonce • Aug 20
Cosmo Metals Limited (ASX:CMO) acquired Two tenements at the Kanowna Gold Project from Yandal Resources Limited (ASX:YRL) for AUD 0.05 million. Cosmo Metals Limited (ASX:CMO) acquired Two tenements at the Kanowna Gold Project from Yandal Resources Limited (ASX:YRL) for AUD 0.05 million on August 19, 2024. Cosmo paid consideration of AUD 0.05 million payable in CMO ordinary shares at a deemed issue price calculated using the 5- day VWAP prior to the date of the agreement.
Cosmo Metals Limited (ASX:CMO) completed the acquisition of Two tenements at the Kanowna Gold Project from Yandal Resources Limited (ASX:YRL) on August 19, 2024. Annonce • Jun 06
Cosmo Metals Limited (ASX:CMO) acquired Three tenements to the northwest of the Don Álvaro Prospect from Jake Wilson. Cosmo Metals Limited (ASX:CMO) acquired Three tenements to the northwest of the Don Álvaro Prospect from Jake Wilson on June 4, 2024. The consideration was paid in cash and in equity wherein AUD 0.05 million was given in cash and AUD 0.075 million in Cosmo Metals’ shares. Jake Wilson will earn 1% net smelter royalty and will also retain certain Alluvial Rights to the tenements.
Cosmo Metals Limited (ASX:CMO) completed the acquisition of Three tenements to the northwest of the Don Álvaro Prospect from Jake Wilson on June 4, 2024. Board Change • Mar 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non Executive Chairman Peter Bird was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Feb 21
Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.356 million. Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.356 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,900,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Jan 24
Cosmo Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million. Cosmo Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Jan 17
Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million. Cosmo Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Dec 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non Executive Chairman Peter Bird was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Oct 05
Cosmo Metals Limited, Annual General Meeting, Nov 30, 2023 Cosmo Metals Limited, Annual General Meeting, Nov 30, 2023. Board Change • Sep 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non Executive Chairman Peter Bird was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non Executive Chairman Peter Bird was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Jul 28
Cosmo Metals Limited Announces Resignation of Zbigniew Lubieniecki as Non-Executive Director Cosmo Metals Ltd. announced that due to personal reasons Mr. Zbigniew Lubieniecki will resign from the Board as Non-Executive Director, effective 27 July 2023. Mr. Lubieniecki has informed the Board that he wishes to continue supporting the company going forward including the provision of technical services on a consulting basis in the future. Annonce • Feb 18
Cosmo Metals Ltd Announces Definition of Exploration Target at the Mt Venn Cu-Ni-Co Prospect Cosmo Metals Ltd. announced the definition of an Exploration Target at the Mt Venn Cu-Ni-Co Prospect, within the Yamarna Project located approx. 150km east of Laverton in the Eastern Goldfields of Western Australia. 2023 Mt Venn Cu-Ni-Co Exploration Target: The Mt Venn Cu-Ni-Co deposit is located 125 km east of the township of Laverton and comprises granted exploration lease E38/2957 and associated exploration leases covering an area of approximately 370 km. The Mt Venn Exploration Target was prepared during January 2023 by leading global mining consulting group Entech and is reported according to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) 2012 edition. 10.2 to 32.3 million tonnes of Copper (Cu)- Nickel (Ni) - Cobalt (Co) mineralisation with grades ranging from 0.55% CuEq to 0.63% CuEq. The potential tonnes and grades of the Exploration Target expressed in this report are conceptual in nature and should not be considered as an estimate of a Mineral Resource. There has been insufficient exploration (and drilling density) to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. The Exploration Target, being conceptual in nature, takes no account of geological complexity or metallurgical recovery factors. The Exploration Target has been reported using a 0.3% copper equivalent cut-off value. The Exploration Target was reported above 200m RL (200m below topography) for the upper limit target range and constrained within a pit optimisation shell for the lower limit target range. Entech completed a conceptual pit optimisation study from which outcomes were used as a guide in the assessment of reasonable depths and confidence in mineralisation continuity. Metallurgical testwork undertaken by Great Boulder Resources Ltd. (GBR) in 20186 indicates that copper- nickel-cobalt reported in the Exploration Target can be recovered with current mineral processing technology. Material classification is not applied for an Exploration Target. The copper equivalent calculation is informed by metal recoveries from GBR's 2018 metallurgical test work undertaken and a rolling three-month average of LME metal price. Next Steps: Further exploration targeting along the Mt Venn Trend is underway with ground electromagnetic (EM) surveys following up a further nine RC holes completed in late 2022 to assist with target evaluation. The Company has recently completed downhole EM (DHEM) and fixed loop EM (FLEM) surveys used to identify mineralisation horizons to the north of the current Exploration Target interpretation, with follow- up drill testing planned to test target anomalies. The Company has engaged a drill contractor to mobilise to site early next month to test these targets in addition to: The compelling off-hole DHEM target at Minjina associated with drillhole MIRC003 which intersected widespread Zn-Pb-Ag mineralisation including a high-grade zone of: 7m @ 3.20% Zn, 0.82% Pb (4.02% Zn + Pb) & 11.84 g/t Ag from 73m including 2m @ 5.0% Zn, 1.4% Pb (6.4% Zn + Pb) & 18.83g/t Ag from 76m. Grid drilling on sections to the north and south around the discovery hole at MIRC003 to identify vectors and potential controls to the system Mt Venn style Cu-Ni-Co targets identified from DHEM associated with near-miss intersections in holes MIRC002 and MIRC009. Annonce • Jan 23
Cosmo Metals Ltd Announces the Results from the First Phase of Rc Drilling At the Minjina Prospect, Within the Yamarna Project Cosmo Metals Ltd. announced the results from the first phase of RC drilling at the Minjina Prospect, within the Yamarna Project located ~150km east of Laverton in the Eastern Goldfields of Western Australia. Cosmo's nine-hole (1,627m) program targeted two distinct mineralisation styles at Minjina ~1km north of the Company's Mt Venn deposit: 1. VMS-style Zinc (Zn) - Lead (Pb) - Silver (Ag) mineralisation similar to the deposits of the Teutonic Bore District north of Leonora which includes the Teutonic Bore, Jaguar and Bentley deposits. 2. Magmatic Copper (Cu) - Nickel (Cu) - Cobalt (Co) mineralisation analogous to the Company's Mt Venn deposit. Volcanogenic Massive Sulphide (VMS) Zn-Pb-Ag: VMS Zn-Pb-Ag mineralisation was first identified in 2017 from hole 17MVRC004 which intersected: 12m @ 0.8% Zn, 0.16% Pb, 3.3g/t Ag from 48m including o 2m @ 2.13% Zn, 0.39% Pb 3.56g/t Ag from 58m. Mineralisation in 17MVRC004 is non-magnetic and very weakly conductive and therefore difficult to detect with traditional electromagnetic (EM) surveying. To test the target model, the Company drilled a step-out hole, MIRC003 collared ~80m east of 17MVRC004. MIRC003 intersected significantly broader and higher grade Zn-Pb-Ag mineralisation compared with 17MVRC004 including: 4m @ 0.37% Zn, 0.34% Pb, 4.81g/t Ag from 28m and, 8m @ 0.53% Zn, 0.12% Pb, 2.77 g/t Ag from 48m and, 7m @ 3.20% Zn, 0.82% Pb, 11.84 g/t Ag from 73m which included o 2m @ 5.0% Zn, 1.4% Pb, 18.83g/t Ag from 76m. 4m @ 0.49% Zn, 0.10 % Pb, 2.74 g/t Ag from 116m. Mineralisation in MIRC003 is open down dip and along strike with the above significant intersections contained within a broad zone of anomalous (>0.1%) Zn extending most of the entire length of the hole. The Company interprets the `stringer' or vein style mineralisation intersected in MIRC003 to be within the footwall zone of a deeper, potentially more massive, mineralised system. As previously announced the review of down hole EM (DHEM) in MIRC003 identified a ~1,500S conductor off the end of the hole at ~250m to the top of the model. This deeper target fits the above interpretation and represents a compelling target for follow up drill testing as discussed further below. The above results are in line with the portable X-ray fluorescence (pXRF) analyses announced by the Company in December and give confidence in this technique of rapid analyses for future programs. 