Annuncio • May 20
Redcastle Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. Redcastle Resources 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: 14,285,714
Price\Range: AUD 0.14
Discount Per Security: AUD 0.0084
Transaction Features: Subsequent Direct Listing 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 New Risk • Jan 07
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). 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. Minor Risk Market cap is less than US$100m (AU$16.6m market cap, or US$11.2m). 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 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. 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. 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. 4 non-independent directors. Independent Non-Executive Director Jeremy King was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 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 • 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 Shares are highly illiquid. 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$2.84m). 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 Shares are highly illiquid. 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. 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. 2 non-independent directors. Independent Non-Executive Chairman Jeremy King was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 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). Shares are highly illiquid. 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). Board Change • Dec 05
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 Jeremy King was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 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. Board Change • Oct 19
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 Jeremy King was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 12
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 Jeremy King was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 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. Board Change • Jun 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. 4 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. Board Change • Jan 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. 4 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. 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. Board Change • Apr 28
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. Board Change • Dec 22
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.