Annuncio • Mar 19
Caspin Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million. Caspin Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,444,444
Price\Range: AUD 0.135
Discount Per Security: AUD 0.0081
Transaction Features: Subsequent Direct Listing New Risk • Dec 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$22.6m market cap, or US$15.2m). Annuncio • Dec 01
Caspin Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4.6 million. Caspin Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 33,280,320
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,719,680
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,333,334
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Transaction Features: Subsequent Direct Listing Annuncio • Sep 30
Caspin Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.6 million. Caspin Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 33,280,320
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,719,680
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,333,334
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Transaction Features: Subsequent Direct Listing Annuncio • Sep 27
Caspin Resources Limited, Annual General Meeting, Nov 25, 2025 Caspin Resources Limited, Annual General Meeting, Nov 25, 2025. Annuncio • Jul 16
Caspin Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.1 million. Caspin Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.1 million.
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 34,244,800
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Security Name: Shares
Security Type: Common Stock
Securities Offered: 7,755,200
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • May 05
Caspin Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.1 million. Caspin Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.1 million.
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Security Name: Shares
Security Type: Common Stock
Securities Offered: 2,000,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Dec 05
Caspin Resources Limited (ASX:CPN) acquired Riverston Tin Pty Ltd from Syndicate Minerals Pty Ltd for AUD 0.55 million. Caspin Resources Limited (ASX:CPN) acquired Riverston Tin Pty Ltd from Syndicate Minerals Pty Ltd for AUD 0.55 million on December 4, 2024. The consideration consists of 10 million common equity of Caspin Resources Limited having a value of AUD 0.55 million to be issued for common equity of Riverston Tin Pty Ltd.
Caspin Resources Limited (ASX:CPN) completed the acquisition of Riverston Tin Pty Ltd from Syndicate Minerals Pty Ltd on December 4, 2024. T Annuncio • Dec 04
Caspin Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.6 million. Caspin Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,566,414
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,433,586
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Oct 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% 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 Shares are highly illiquid. Revenue is less than US$1m (AU$316k revenue, or US$218k). Market cap is less than US$10m (AU$6.77m market cap, or US$4.67m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). New Risk • Sep 26
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 Less than 1 year of cash runway based on free cash flow trend (-AU$7.8m free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.75m market cap, or US$3.94m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Annuncio • Sep 20
Caspin Resources Limited, Annual General Meeting, Nov 27, 2024 Caspin Resources Limited, Annual General Meeting, Nov 27, 2024. Annuncio • Dec 14
Caspin Resources Limited Announces the Resignation of Sze Man (Simone) Suen as Non-Executive Director, Effective 15 December 2023 Caspin Resources Limited announced that Ms Sze Man (Simone) Suen has resigned from her position as Non-Executive Director to concentrate on other business and charity interests. Her resignation is effective from 15 December 2023. The Company is reviewing its near-term board requirements and has no immediate necessity to fill the vacated position. New Risk • Oct 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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$10m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$11.8m market cap, or US$7.44m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). Annuncio • Oct 05
Caspin Resources Limited, Annual General Meeting, Nov 16, 2023 Caspin Resources Limited, Annual General Meeting, Nov 16, 2023. New Risk • Sep 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$7.7m free cash flow). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (AU$15.6m market cap, or US$10.0m). New Risk • Sep 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$7.7m free cash flow). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (AU$16.0m market cap, or US$10.4m). Recent Insider Transactions • Jul 08
Independent Non-Executive Director recently sold AU$51k worth of stock On the 7th of July, Sze Suen sold around 230k shares on-market at roughly AU$0.22 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Jun 30
High number of new directors Independent Non-Executive Chairman Cliff Lawrenson was the last director to join the board, commencing their role in 2020. Annuncio • May 05
Caspin Resources Limited, Annual General Meeting, Jun 07, 2023 Caspin Resources Limited, Annual General Meeting, Jun 07, 2023, at 07:30 Indian Standard Time. Location: Level 9, Mia Yellagonga Tower 2, 5 Spring Street, Perth Western Australia Australia Agenda: To consider ratification of Tranche 1 Placement Shares issued under Listing Rule 7.1; to consider ratification of Tranche 1 Placement Shares issued under Listing; to consider issue of Tranche 2 Placement Shares to Atasa Holdings; to consider approval of Share Purchase Plan; and to consider issue of Options to Bell Potter. Annuncio • Feb 13
Caspin Resources Limited Announces Further Exploration Results from Mount Squires Project in Western Australia Caspin Resources Limited announced further exploration results from the Company's wholly owned Mount Squires Project in Western Australia. Results include aircore drill results from the Duchess Prospect and soil and rock chip sampling along the Handpump Structural Trend. These results should be viewed in conjunction with the excellent base metal results recently reported from the West Musgrave corridor demonstrating the unique base and precious metal prospectivity of the Mount Squires Project. Multiple Gold Targets Along Handpump Structural Trend: The Company has now received final drilling, rock chip and soil geochemistry results from recent programs completed at the Duchess Prospect and extensions along a corridor that the Company refers to as the Handpump Structural Trend. The Handpump Structural Trend extends over approximately 40km through the centre and western parts of the Mount Squires Project. The Company is now preparing for an extensive exploration program to test base and precious metal targets which will follow the current drilling activities at Yarawindah Brook. New Soil Geochemical Anomalies at Southern End of Handpump Fault: Concurrent with reconnaissance drilling at the Duchess Prospect, systematic soil geochemistry along the length of the Handpump Structure has delivered further exciting precious metal results, highlighted by a 2km long by 400m wide anomaly defined by coherent anomalous gold values (above the 90th percentile of all gold results), 27km southeast of Duchess. This anomaly, named the Regal Prospect, strikes northeast-southwest, coincident with the Handpump Structural Trend and contains peak gold values of 47.5 ppb and 21.7 ppb at opposite ends of the anomaly. The footprint of the Regal Prospect is much greater in both size and the strength of anomalism when compared with the anomalism in similar data associated with the Handpump and Duchess West Prospects, both of which host confirmed basement gold mineralisation. Importantly, the Regal Prospect lies in an area devoid of outcrop and is entirely masked by transported cover, obscuring detection until Caspin's use of ultrafine fraction methodology. The Regal Prospect lies 3km from the interpreted junction of the regionally significant Marlu Fault Zone with the aforementioned Handpump Structural Trend. Regionally significant fault zones and structures act as fluid pathways and the junction of these structures are recognised as a fundamental component in the formation of significant orebodies. Outside the core of the Regal Prospect are a number of smaller anomalies including a single point high of 221ppb Au, 1.2km to the northwest and along strike from Regal, which represents the single highest gold result to date at the Mount Squires Project where background gold values are 1-2ppb. This is an outstanding result, requiring infill sampling to confirm and better define the anomaly. Several other single or dual point anomalies over 5ppb are open on the edge of the survey area and also require infill and extensional soil sampling. The Company also recognizes a 2.5km long and 500m wide magnetic feature of regionally significant intensity at the junction of the Handpump Fault and the Marlu Fault within sediments of the Officer Basin. Sediments within the basin usually have a weak magnetic response, therefore the strong magnetism potentially indicates a style of mineralisation derived from the structural intersection. This magnetic anomaly is concealed by transported cover and is yet to be tested by soil sampling and represents a compelling target for further exploration. Sample spacing at the Regal Prospect is currently on 400m x 200m centres and therefore infill and extensional sampling will be conducted in the coming field season to better define the current anomalism. Duchess Prospect - Further Gold and Molybdenum Mineralisation: The Company completed a second phase of reconnaissance aircore drilling at the Duchess Prospect, building on initial work reported on 29 September 2022, comprising a further 77 holes for 1,752m. Previous results have outlined two clearly defined mineralised trends at the Duchess Prospect, being gold-silver (Duchess West) and copper-molybdenum (Duchess East) trends. This first batch of results from the second phase of drilling has returned even more promising results from both trends. At Duchess West, drill hole MSAC0121 returned a standout result of 1m @ 6.04g/t Au and 4.0g/t Ag associated with quartz veining encountered from 12m, in the last metre drilled in the hole. Subsequent infill drilling and further mapping has recognised that gold mineralisation is hosted in quartz veining, likely controlled by east-northeast, west-southwest trending structures, or possibly the intersection of this structural orientation with the regional-scale northwest-southeast trending Handpump Structural Trend . Recent results include 3m @ 0.69g/t Au from surface and 2m @ 0.85g/t Au and 6.0g/t Ag from 8m in MSAC0243 and 4m @ 0.2g/t Au from surface in MSAC0241. Additional rock chip sampling of outcropping quartz veining at Duchess West returned an assay of 8.26g/t Au and 85g/t Ag, approximately 50m along strike from previous rock chip results of 2.46g/t Au and 49.7g/t Ag. Anomalous silver mineralisation (>0.5g/t) is commonly found at Duchess West and appears to form a halo around gold mineralisation making it a useful pathfinder element, particularly for regional soil and rock chip sampling. Silver may also provide a small economic by-product benefit to any potential gold discovery. In addition to the recognised importance of the structural intersection, it is recognised that the quartz veins hosting gold mineralisation are potentially related to the brecciated and quartz-rich upper contact of the rhyolite with the overlying felsic volcaniclastics. Known gold mineralisation at the Handpump Prospect 2.4km to the north is restricted to this stratigraphic horizon, but due to the limited depth capability of aircore drilling in fresh rock, drilling was unable to penetrate through to this key target horizon at Duchess. It is interpreted that the 6.04g/t Au bottom of hole mineralisation intercepted in MSAC0121 may represent the top of this brecciated rhyolite contact, and that shallow quartz hosted mineralisation within felsic volcanoclastics identified in MSAC0241, MSAC0243 and surface rock chip results represent leakage of mineralising fluids above an untested target horizon below. To properly test this stratigraphic contact, a larger capacity RC rig will be sourced in 2023.