Annuncio • Jul 21
Koonenberry Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million. Koonenberry Gold 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: 188,750,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,250,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Transaction Features: Subsequent Direct Listing New Risk • May 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m (AU$121k revenue, or US$86k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$30.8m market cap, or US$22.0m). Board Change • May 20
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. 4 non-independent directors. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 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. 4 non-independent directors. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 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. 4 non-independent directors. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 07
Koonenberry Gold Limited, Annual General Meeting, Nov 06, 2025 Koonenberry Gold Limited, Annual General Meeting, Nov 06, 2025. Location: grant thornton, level 3, 170 frome street, adelaide sa 5000, adelaide Australia Board Change • Aug 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • May 28
Koonenberry Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million. Koonenberry Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 83,333,335
Price\Range: AUD 0.06
Transaction Features: Subsequent Direct Listing Annuncio • May 22
Koonenberry Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million. Koonenberry Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 83,333,333
Price\Range: AUD 0.06
Transaction Features: Subsequent Direct Listing Annuncio • Feb 20
Koonenberry Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million. Koonenberry Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 66,666,670
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Transaction Features: Subsequent Direct Listing Annuncio • Feb 13
Koonenberry Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. Koonenberry Gold 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: 66,666,667
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Transaction Features: Subsequent Direct Listing Board Change • Feb 04
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 Paul Harris was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Dec 05
Koonenberry Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million. Koonenberry Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 450,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Subsequent Direct Listing Annuncio • Oct 29
Koonenberry Gold Limited, Annual General Meeting, Nov 29, 2024 Koonenberry Gold Limited, Annual General Meeting, Nov 29, 2024. Location: offices of grant thornton, level 3, 170 frome street, adelaide sa 5000, Australia Annuncio • Oct 17
Koonenberry Gold Limited (ASX:KNB) agreed to acquire Enmore Gold Project from Global Uranium and Enrichment Limited (ASX:GUE) for AUD 0.42 million. Koonenberry Gold Limited (ASX:KNB) agreed to acquire Enmore Gold Project from Global Uranium and Enrichment Limited (ASX:GUE) for AUD 0.42 million on October 17, 2024. The consideration consists of 35 million common equity of Koonenberry Gold Limited to be issued for assets of Enmore Gold Project.
The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer shareholders and subject to statutory approval. The transaction is expected to complete in December 2024. New Risk • Sep 13
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$2.2m 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$2.2m free cash flow). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (140% increase in shares outstanding). Revenue is less than US$1m (AU$36k revenue, or US$24k). Market cap is less than US$10m (AU$2.88m market cap, or US$1.94m). Annuncio • Jun 08
Koonenberry Gold Limited Announces Change of Company Secretary Koonenberry Gold Limited advised that Mr. Johnathon Busing has been appointed as Company Secretary, effective immediately. Mr. Busing is an experienced Company Secretary, a Chartered Accountant and owner of consulting & accounting firm 11 Corporate. Mr. Brett Tucker will step down as Company Secretary effective immediately. New Risk • May 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 140% 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 Shares are highly illiquid. Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (140% increase in shares outstanding). Revenue is less than US$1m (AU$70k revenue, or US$46k). Market cap is less than US$10m (AU$4.32m market cap, or US$2.85m). Annuncio • Mar 21
Koonenberry Gold Limited, Annual General Meeting, Apr 22, 2024 Koonenberry Gold Limited, Annual General Meeting, Apr 22, 2024, at 11:30 AUS Central Standard Time. Agenda: To approve issuance of placement shares with company's existing placement capacity; to Ratification of issue of Tranche 1 Placement Shares; to Approval to issue Tranche 1 Placement Options; to Approval to issue Tranche 2 Placement Shares; to Approval to issue Tranche 2 Placement Options; to Approval to issue Director Placement Securities; to Approval of issue of Lead Manager Options; to Approval to issue Director Performance Rights; to Approval of issue of Director Sub-Underwriter Options; to Approval of issue of Follow-On Placement Securities. New Risk • Mar 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% 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. Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m (AU$68k revenue, or US$45k). Market cap is less than US$10m (AU$4.54m market cap, or US$3.01m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Board Change • Feb 20
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Anthony McIntosh is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Feb 05
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Anthony McIntosh is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Jan 02
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Anthony McIntosh is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Dec 13
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Anthony McIntosh is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Nov 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Anthony McIntosh is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • Oct 19
Koonenberry Gold Limited, Annual General Meeting, Nov 21, 2023 Koonenberry Gold Limited, Annual General Meeting, Nov 21, 2023, at 10:00 W. Australia Standard Time. Location: Grant Thornton, Level 3, 170 Frome Street, Adelaide, Adelaide South Australia Australia Agenda: To consider Remuneration Report; to consider Election of Director Anthony McIntosh; and to consider Approval of 10 percent Placement Facility. Board Change • Sep 06
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Anthony McIntosh is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Jul 14
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Anthony McIntosh is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Jun 10
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Anthony McIntosh is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman Paul Harris was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. 
