New Risk • Mar 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.8m (US$9.64m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$5.7m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$13.8m market cap, or US$9.64m). New Risk • Mar 18
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$5.7m 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$5.7m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$16.8m market cap, or US$11.9m). Annuncio • Jan 09
Redcastle Resources Limited has completed a Derivatives Offering in the amount of AUD 0.149407 million. Redcastle Resources Limited has completed a Derivatives Offering in the amount of AUD 0.149407 million.
Security Name: Options
Security Type: Equity Option
Securities Offered: 14,940,749
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Rights Offering Annuncio • Dec 10
Redcastle Resources Limited has announced a Derivatives Offering in the amount of AUD 0.149406 million. Redcastle Resources Limited has announced a Derivatives Offering in the amount of AUD 0.149406 million.
Security Name: Options
Security Type: Equity Option
Securities Offered: 14,940,570
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Rights Offering New Risk • Dec 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$950.4k market cap, or US$622.7k). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Annuncio • Oct 09
Redcastle Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million. Redcastle Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 185,891,600
Price\Range: AUD 0.009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 258,552,844
Price\Range: AUD 0.009
Transaction Features: Subsequent Direct Listing Annuncio • Oct 01
Redcastle Resources Limited, Annual General Meeting, Nov 18, 2025 Redcastle Resources Limited, Annual General Meeting, Nov 18, 2025. New Risk • Sep 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. 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 Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (127% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.29m market cap, or US$6.09m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (19% average weekly change). Annuncio • Aug 20
Redcastle Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million. Redcastle Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 185,891,600
Price\Range: AUD 0.009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 258,552,844
Price\Range: AUD 0.009
Transaction Features: Subsequent Direct Listing Annuncio • Apr 01
Redcastle Resources Limited Announces Resignation of Jeremy King as Director Redcastle Resources Limited announced that Mr. Jeremy King has tendered his resignation as a Director of the Company effective immediately. Annuncio • Nov 27
Redcastle Resources Ltd Appoints Xusheng Ke (Sean) as Non-Executive Director Redcastle Resources Ltd. announced that Mr. Xusheng Ke (Sean) has been appointed to the board as a Non-Executive Director effective immediately. Sean Ke is a senior geologist who brings a wealth of expertise to the board, with over a decade of hands-on experience in managing and delivering high-impact mineral exploration projects across a range of commodities, including precious and base metals. His professional focus spans globally significant mineralisation systems such as Intrusion Related Gold Systems (IRGS), orogenic gold, porphyry copper- gold, and epithermal gold-silver systems. Renowned for his ability to operate in remote and challenging environments, Mr. Ke has consistently demonstrated his leadership capabilities in directing multidisciplinary teams and achieving successful exploration outcomes. His addition to the Board signals Redcastle's commitment to advancing technical excellence and unlocking the full potential of its projects. Sean Ke's academic qualifications are extensive and bolster the current board's technical attributes: Master of Mining Engineering (University of New South Wales, 2012), Master of Science in Palaeontology and Stratigraphy (Geology) (China University of Geosciences, 2008), Bachelor of Engineering in Hydrology and Water Resources Engineering (China University of
Geosciences, 2005). Additionally, Mr. Sean Ke is a member of both the Australasian Institute of Mining and Metallurgy (AusIMM) and the Australian Institute of Geoscientists (AIG), reflecting his dedication to professional development and industry best practices. New Risk • Nov 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 127% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 9.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (127% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$6.69m market cap, or US$4.36m). New Risk • Sep 30
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 Earnings have declined by 6.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.10m market cap, or US$2.83m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Sep 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 6.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.10m market cap, or US$2.83m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Annuncio • Sep 18
Redcastle Resources Limited, Annual General Meeting, Nov 06, 2024 Redcastle Resources Limited, Annual General Meeting, Nov 06, 2024. Location: at unit 1, 1 centro avenue, subiaco wa 6008 Australia Annuncio • Sep 11
Redcastle Resources Limited Announces Board Changes Redcastle Resources Limited announced the appointment of Dr. Ray Shaw as non-executive Chairman of the Company effective immediately. Dr. Ray Shaw has over 40 years experience in the natural resources sector including for the past 20 years executive and non-executive director roles in ASX publicly listed companies, ranging from micro-caps to Managing Director of an ASX 300 company. He has capital market and government resource administration experience and is well acquainted with small cap funding issues. Having originally trained as a geophysicist he holds a B.Sc. (Hons 1) and Ph.D. from the University of Sydney and is a Member of the Australasian Institute of Mining and Metallurgy. He is also a Legal Practitioner in New South Wales (non-practicing) and currently the Chief Technical Officer of Besra Gold Inc, which has its assets all located in Malaysia. Dr. Shaw has not been a director of an ASX listed public company during the past three years. Mr. Jeremy King will move to the role of non-executive Director. In addition, Mr. Lincoln Ho has tendered his resignation as a director of the Company effective 10 September 2024. New Risk • Mar 16
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$981k 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$981k free cash flow). Earnings have declined by 6.2% per year over the past 5 years. Revenue is less than US$1m (AU$14k revenue, or US$9.3k). Market cap is less than US$10m (AU$3.28m market cap, or US$2.15m). Annuncio • Nov 24
Redcastle Resources Ltd Announces Resignation of Trevor Dixon as Non-Executive Director Redcastle Resources Ltd. announced that Mr. Trevor Dixon has resigned as Non-Executive Director of the Company effective immediately. Annuncio • Aug 11
Redcastle Resources Limited, Annual General Meeting, Oct 06, 2023 Redcastle Resources Limited, Annual General Meeting, Oct 06, 2023. Location: Level 2, 23 Railway Road Subiaco WA 6008 Subiaco Western Australia Australia Agenda: To elect the directors. Annuncio • Nov 22
Redcastle Resources Limited Announces Directorate Appointments Redcastle Resources Limited at its AGM held on November 22, 2022, elected Lincoln Ho and Ronald Miller as directors of the company. Annuncio • Nov 21
Redcastle Resources Limited Announces Further Shallow RC Drilling Results at Redcastle Gold Project Redcastle Resources Limited announced the results of the recently completed RC drilling program at the company's Redcastle Gold Project. The Company successfully completed a 41 hole program for 2,774m with several shallow grade results achieved. This drilling was designed to step out along strike from the most recent results. The program was affected by heavy rainfall. The results listed here include some 4m composite results from the later holes. The Redcastle Reef target has now been tested over a strike length of 700m, whilst the Queen Alexandra target has been tested over approximately 200m, with the deepest hole now at 150m. This target remains open in all directions. The Redcastle Reef mineralisation is somewhat more complicated structurally, and more detailed analysis of the data is required prior to planning the next phase of drilling. The aim now is to continue the exploration program to extend the strike length of the near surface known mineralisation, and to complete further RC drill holes to test the extent of gold mineralisation at other targets. Planning for this work has already commenced. Infill auger sampling programme shall commence shortly. This program is designed to better define the surface targets prior to a significant RC drilling program early next year. Queen Alexandra: The drilling has now tested the Queen Alexandra target over a strike length of approximately 200m, with the mineralisation open in all directions. Only one hole has been drilled to a depth of 150m (RRC151) which intersected narrow high grades in the northern most shoot. The southernmost shoot lies approximately 25m to the south, with minor gold mineralisation located in between. The holes to date have been drilled on sections 40m apart, with holes generally spaced 20m apart. This is shown in the map and sections below. The drilling results to date appear to define two parallel high-grade plunging shoots immediately below the historic workings. Further drilling is required to better define the size and geometry of these shoots, and to explore along strike for extensions. Redcastle Reef: RC drilling to date has tested this target over a strike length of approximately 700m. The holes are on lines up to 40m apart, with holes generally 20m apart. The holes are plotted on the map above. The geometry of the mineralisation as now defined by drilling highlights structural complexity that will require more detailed interpretation prior to the next phase of drilling. Nevertheless, several high grade (10-250g/t Au) zones have been intersected by the drilling to date. Drill access in some areas of this target are somewhat hampered by the relatively hilly terrain. Board Change • Nov 16
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 Director Pat Holywell was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 04
Redcastle Resources Limited, Annual General Meeting, Nov 22, 2022 Redcastle Resources Limited, Annual General Meeting, Nov 22, 2022. Location: Level 2, 23 Railway Road Subiaco WA 6008 Subiaco Western Australia Australia Agenda: To discuss the election of Directors. Annuncio • Sep 21
Redcastle Resources Limited Advise RC Drilling Near Completion at Redcastle Gold Project in the Northern Goldfields of Western Australia Redcastle Resources Limited advise that RC drilling is nearing completion at the company's Redcastle Gold Project in the northern goldfields of Western Australia. Rain events at the project earlier this month delayed drilling activities however good progress was made subsequent to drilling recommencement. 8 holes for 680 metres remain from the total program of 2,710m for 43 holes. Target lithologies throughout the campaign have been encountered, with a mineralised porphyry-intrusion being evident at Queen Alexandra and ferruginous quarts veining within the Redcastle Reef domains present within the drilling thus far. The locations of the proposed holes are shown on the map below in red. All holes are on M39.318. The map shows existing holes in black and proposed in red. All holes at Queen Alexandra are drilled south (holes towards the western side), and the Redcastle Reef holes to the north (holes towards the eastern side). Annuncio • Aug 30
Redcastle Resources Limited Recommences RC Drilling At Redcastle Gold Project Redcastle Resources Ltd. advised that RC drilling has recommenced at the company's Redcastle Gold Project in the northern goldfields of Western Australia. In the last 6 months, the Company has successfully executed: two separate RC drilling programmes at Redcastle for a total of approximately 2,650 metres drilled; and a broad spaced auger geochemical soil sampling programme of over 1,000 samples. Each drill campaign has delivered high-grade gold intercepts, and added significantly to the understanding of the gold system present at Redcastle. The soils programme highlighted the untested prospectivity and potential scale of mineralisation at Redcastle. A total of 2,710m for 43 holes is proposed for this round of reverse circulation (RC) drilling. The current drilling programme has two primary aims: To test deeper and further along strike at the Queen Alexandra prospect; and To expand the drill coverage at Redcastle reef to approximately 700m along strike. Drilling is expected to be finalised by mid-September with assays to be received thereafter. The locations of the proposed holes are shown on the map below in red. All holes are on M39.318. The map shows existing holes in black and proposed in red. All holes at Queen Alexandra are drilled south, and the Redcastle Reef holes to the north. Annuncio • Aug 15
Redcastle Resources Limited Announces Auger Soil Sampling Results At Redcastle Redcastle Resources Ltd. advised that results of the recently completed auger soil geochemical drilling have been received, outlining several new surface targets at the company's Redcastle Project, located in the northern goldfields of WA, approximately 60km south-east of Leonora. The program was designed to test a large area of the project on a 200m by 50m pattern, with holes drilled to locate the calcareous soil horizon, generally 0.3-2m depth. Sampling of this medium throughout the WA goldfields region was pioneered by the CSIRO during the 1990s, and has proven to be a very effective sampling method. A total of 1093 auger samples were taken. Samples have now been received from the lab. Annuncio • Jul 06
Redcastle Resources Ltd Announces Recent RC Drilling Results Redcastle Resources Ltd. announced the results of the recently completed RC drilling program at the company's Redcastle Gold Project. Highlights: Step out RC drilling program intersects numerous high grade values from near surface environment: 10m @ 29.16g/t Au from 6m, including 1m @ 250.00g/t Au from 11m;3m @ 26.62g/t Au from 34m, including 1m @ 54.64g/t Au from 35m; 3m @ 10.36g/t Au from 61m, including 1m @ 20.12g/t Au from 62; 2m @ 15.06g/t Au from 20m, including 1m @ 27.50g/t Au from 20m and; 3m @ 7.07g/t Au from 54m, including 1m 12.03g/t Au from 54m. RC1 will continue to expand the drilling program to follow up these and other results. The Company successfully completed a 21 hole program for 1,362m with numerous shallow high grade results achieved. This drilling was designed to step out along strike from the most recent results. The results listed here are the initial batch of samples including 4 meter composites, with the final single meter splits still pending. The aim now is to continue the exploration program to extend the strike length of the near surface known mineralisation, and to complete further RC drill holes to test the extent of gold mineralisation at other targets. Planning for this work has already commenced. Initial results from the recently completed auger programme are expected shortly. In addition, the auger crew will commence systematic sampling of surface stockpiles and dumps that remain on site from the historic intensive shallow mining operations. In addition the geological team has completed the digitization of historic data. This data will further refine the geological interpretation with the overall aim of defining drill targets. Annuncio • Jun 16
Redcastle Resources Limited Updates on RC Drilling Completion Redcastle Resources Ltd. advised that a follow up phase of RC drilling has been successfully completed at the Company's historic Redcastle Gold Project. This programme was designed to test the strike extensions of the high grade, shallow results encountered during the Company's maiden RC drill programme at two targets. For further information concerning the Company's maiden programme, see the announcement dated 16 May, 2022. Holes were drilled on a nominal 20m by 40m pattern with maximum depths of approximately 80m. In addition, a hole from the recent program was deepened by 20m to better test that target. In total, 22 holes for 1,382m were drilled as shown in the table below. The holes drilled similar rocktypes to the previous programme, and minor shallow old workings were also intersected. Samples from this drilling have been delivered to the laboratory and results are awaited. Annuncio • May 18
Redcastle Resources Limited Announces High Grade Shallow RC Drilling Results At Redcastle Redcastle Resources Ltd. announced to advise the results of the recently completed RC drilling program at the company's Redcastle Gold Project. The Company successfully completed a 20 hole program for 1,259m with numerous shallow high grade results achieved. This drilling was designed to validate multiple generations of previous RC and RAB drilling carried out between 1983 and 2008 by previous explorers. The initial aim was to confirm the previous drilling data with modern day RC drilling. The aim now is to expand the exploration program to encompass auger sampling of an anomalous 1.2km structure in addition to further RC drill holes to test the extent of gold mineralisation encountered to date. Planning for this work has already commenced. In addition, an auger contractor has also been secured and this crew will mobilise to site soon to carry out the wider soil sampling programme. Following that, the auger crew will commence systematic sampling of surface stockpiles and dumps that remain on site from the historic intensive shallow mining operations. In addition the geological team continues its progress in the digitization of historic data, aiming to complete this work soon. This will further refine the geological interpretation with the overall aim of defining drill targets. Several historic drill holes were validated during the recent program. This is summarised in the table below. Generally, the correlation between the historic results and the new ones were strong, with only minor differences probably related to the level of accuracy of the historic survey grid. Board Change • Apr 27
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 Director Pat Holywell was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 07
Redcastle Resources Limited Announces Drilling Update Redcastle Resources Ltd. (Redcastle or Company) advised that its RC drilling programme at the historic high grade Redcastle Gold project is now completed. A total of 20 holes for 1,259m were completed testing three individual targets. Drilling commenced last week, and, despite some rain events, progressed efficiently with few complications. The Board noted that the Company's consultant geologist has confirmed that the rock types encountered during drilling thus far are as expected and predicted by the geological model. The Company has submitted the samples to a commercial lab, and anticipates a relatively short turnaround for results. Annuncio • Feb 17
Redcastle Resources Limited Provides Redcastle Project Update Redcastle Resources Limited announced that its 1200m RC drilling will commence on the company's Redcastle Project later the month of February 2022. Historic drilling has included the followin results at Redcastle: · 7m @ 11.49g/t Au from 16m, including 2m @ 34.5 g/t Au from 16m; 4m @ 6.07g/t Au from 30m, including 1m @ 15.50g/t Au from 30m; and 8m @ 2.30g/t Au from 18m. Following a review of the available geological data relating to the central area which contains the bulk of the historic workings, a circa 1200m RC drilling program was planned by the company's consultants. The aim is to: Validate and confirm several generations of historical drilling results, cnfirm the geology, orientation and continuity of the known gold mineralisation, Obtain further details regarding the extent of the historic underground workings in the area and cllect preliminary geotechnical data. The digital database currently includes collar and assay data. The raw collar elevation data has been modified slightly via the completion of a digital terrain model (DTM). This DTM was constructed from the very detailed low level aeromagnetic survey completed by a previous explorer in about 2007-8. Other geological data (oxidation, rock type, quartz veining, etc) from the limited amount of previous drilling is being entered into the database. This area has seen previous shallow RC and RAB drilling. Maximum depths in this area are approximately 50m vertical. The Table below lists all significant (+1g/t Au) results from this historical drilling. There are only preliminary surveys available from the shallow underground workings. These are also being digitised from the existing mapping. One of the aims of the drilling program is to confirm some of these details.In relation to the upcoming drill program, a drill spacing of ten metres was selected on sections 40m apart. The holes range from 25m to 120m, an expected typical open pit depth. 18 holes for 1,275m are proposed. All proposed holes will be drilled at 60 degrees towards north. The proposed holes are also shown below. Historic soil sampling has also now been digitized. This sampling only covers a small part of the project area. Following review of this historic work, an auger soil sampling program has been designed to fully test the entire project area, not just the main area mined in the past. The holes will be on a 200m by 50m pattern, with holes drilled to locate the calcaerous soil horizon, frequently 0.5-2m depth. Sampling of this medium throughout the Goldfields region was pioneered by the CSIRO during the 1990s and has proven to be a very effective sampling method. This program is expected to commence during first quarter of 2022. Historic geological mapping and detailed magnetics interpretation is also being digitized,with this work to be completed shortly. Board Change • Dec 21
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 Director Pat Holywell was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
