Annuncio • Apr 22
Riedel Resources Limited (ASX:RIE) entered into a binding share sale agreement to acquire Yikarri Resources Pty Ltd from Sarama Resources Ltd (TSXV:SWA) for AUD 4.4 million. Riedel Resources Limited (ASX:RIE) entered into a binding share sale agreement to acquire Yikarri Resources Pty Ltd from Sarama Resources Ltd (TSXV:SWA) for AUD 4.4 million on April 21, 2026. As part of consideration, Riedel Resources Limited will issue 150 million ordinary shares. The transaction will also include the 100 million performance rights in the 4 tranches and each expiring 5 years from the date of issue. Upon completion, Andrew Dinning appointed as Non-Executive Director. Paul Schmiede to be appointed as Chief Executive Officer following completion of the Acquisition.
The transaction is subject to consummation of private placement, approval by regulatory board / committee and subject to approval by the shareholders of Riedel Resources Limited, which is expected to take place during June 2026. The expected completion of the transaction is June 1, 2026 to June 30, 2026. Annuncio • Apr 21
Riedel Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Riedel Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 47,496,050
Price\Range: AUD 0.025
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 52,503,950
Price\Range: AUD 0.025
Transaction Features: Subsequent Direct Listing Annuncio • Dec 24
Riedel Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.783205 million. Riedel Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.783205 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,361,303
Price\Range: AUD 0.025
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 55,966,888
Price\Range: AUD 0.025
Transaction Features: Rights Offering Annuncio • Nov 25
Riedel Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.783202 million. Riedel Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.783202 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 71,328,069
Price\Range: AUD 0.025
Transaction Features: Rights Offering Annuncio • Sep 06
Riedel Resources Limited, Annual General Meeting, Nov 20, 2025 Riedel Resources Limited, Annual General Meeting, Nov 20, 2025. Annuncio • Jul 15
Riedel Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.4 million. Riedel Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,000,000
Price\Range: AUD 0.025 Annuncio • Apr 14
Riedel Resources Limited Announces Executive Changes Riedel Resources Limited announced that Adrien Wing has been appointed as the company’s company secretary, replacing Maddison Cramer and Marie Forsyth. Mr. Wing is a Certified Practicing Accountant. He began his professional career practising in the audit and corporate advisory division of a chartered accounting firm before moving into corporate consultant and company secretarial roles to assist ASX listed public companies. Annuncio • Mar 15
Riedel Resources Limited announced that it expects to receive AUD 0.165 million in funding Riedel Resources Limited announces private placement to issue 4,125 Convertible Notes at a price of AUD 40 per note for gross proceeds of AUD 165,000 on March 13, 2025. The Notes will be unsecured and will rank equally with all other unsecured creditors of the Company.Repayment date of the Notes is June 30, 2025. The Notes will convert into Shares at a conversion price which is equal to the price per Share under the Conversion Event. The Company anticipates the Notes will be issued on or about 24 March 2025. Annuncio • Mar 13
Riedel Resources Limited Announces Resignation of Jason Pater as Non-Executive Director Riedel Resources Limited announced that Jason Pater has resigned as a Non-Executive Director of the Company due to increased work commitments in the US where he is based. Annuncio • Oct 01
Riedel Resources Limited, Annual General Meeting, Nov 27, 2024 Riedel Resources Limited, Annual General Meeting, Nov 27, 2024. New Risk • Sep 28
New major risk - Revenue and earnings growth Earnings have declined by 4.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 4.5% per year over the past 5 years. Revenue is less than US$1m (AU$8.9k revenue, or US$6.2k). Market cap is less than US$10m (AU$4.45m market cap, or US$3.07m). Minor Risk Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Annuncio • Aug 10
Riedel Resources Limited Announces Retire of David Groombridge as Chief Executive Officer, Effective 2 November 2024 Riedel Resources Limited announced that, Mr. David Groombridge will retire as Chief Executive Officer of the Company, with effect from 2 November 2024. Annuncio • Jul 31
Riedel Resources Limited announced that it expects to receive $0.5 million in funding Riedel Resources Limited announced a private placement that it will issue 500,000 Convertible Notes of face value of $1 per note to professional and sophisticated investors for the gross proceeds of $500,000 on July 31, 2024. The Notes will convert into Shares at a conversion price which is equal to the price per Share under the Conversion Event. The non-compounding interest will accrue on the Notes at a rate of 15% per annum, calculated daily from the date of issue, and is repayable on conversion, through the issue of Shares issued at the Conversion Price and on repayment or repurchase, through the issue of Shares at the 10 day VWAP of Shares of the Shares calculated on and from the Repayment Date or the date of repurchase of the Note. The Notes will be unsecured and will rank equally with all other unsecured creditors of the Company. 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$4.0m 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$4.0m free cash flow). Share price has been highly volatile over the past 3 months (40% average weekly change). Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Revenue is less than US$1m (AU$7.5k revenue, or US$4.9k). Market cap is less than US$10m (AU$8.90m market cap, or US$5.84m). Annuncio • Dec 28
Riedel Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5755 million. Riedel Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5755 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 164,428,571
Price\Range: AUD 0.0035
Transaction Features: Subsequent Direct Listing Annuncio • Dec 22
Riedel Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5755 million. Riedel Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5755 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 164,428,571
Price\Range: AUD 0.0035
Transaction Features: Subsequent Direct Listing Annuncio • Oct 23
Riedel Resources Limited Announces Executive Changes Riedel Resources Limited advised that Maddison Cramer and Marie Forsyth have been appointed as Joint Company Secretaries, replacing Susan Field who remains Chief Financial Officer. Ms Cramer is a corporate lawyer with a focus on mining and resources. She is a co-founder of boutique corporate services business Belltree Corporate and is currently a company secretary of a number of ASX-listed mining and resources companies. Ms Cramer is a former company secretary of ASX300 company Bellevue Gold Limited (ASX:BGL) and prior to this was an associate at Bellanhouse Legal and HWL Ebsworth Lawyers. Ms Forsyth is a corporate lawyer with mining and native title legal experience. She also holds a metallurgy degree from the Western Australian School of Mines and practical knowledge in mining operations, consultancy, and metallurgical laboratories across a wide range of mineral commodities. Going forward, Ms Cramer and Ms Forsyth will be jointly responsible for communication with the ASX in relation to listing rule matters, pursuant to ASX Listing Rule 12.6. Annuncio • Oct 02
Riedel Resources Limited, Annual General Meeting, Nov 28, 2023 Riedel Resources Limited, Annual General Meeting, Nov 28, 2023. Agenda: To consider the re-election of directors. Board Change • Jun 14
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Jason Pater was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Feb 18
Riedel Resources Limited Announces Further Gold and Silver Assay Results from Its 23-Hole Drill Program Completed At Its Kingman Project in Arizona, Usa, in Late 2022 Riedel Resources Limited announced further gold and silver assay results from its 23-hole drill program completed at its Kingman Project in Arizona, USA, in late 2022. The shallow, flat lying mineralisation at Tintic continues to return very high grades from shallow depths as set out above. These results follow-on from recently announced outstanding high-grade assays from drilling at Tintic, which included: 5.5m @ 12.4g/t Au, 105g/t Ag and 3.9% Pb from 16.8m including 1m @ 47.9g/t Au, 266g/t Ag and 10.5% Pb from 17.1m in hole 2022-KNG-017C 1.86m @ 11.7g/t Au and 90g/t Ag from 21.3m including 0.67m @ 30.8g/t Au, 81g/t Ag & 3.9% Pb from 21.3m in hole 2022-KNG-017A 0.76m @ 52.8g/t Au and 261g/t Ag from 20.4m including 0.24m @ 130g/t Au, 732g/t Ag and 28% Pb from 21m in hole KNG-2022-013B 0.37m @ 122.6g/t Au, 172g/t Ag and 3.7% Pb from 67.4m in hole 2022-KNG-021B 1.8m @ 16.3g/t Au and 70g/t Ag from 23.8m including 0.82m @ 32.3g/t Au and 110g/t Ag from 24.3m in hole 2022-KNG-026A 1m @ 14.3g/t Au, 222g/t Ag and 14.6% Pb from 18.8m (2022-KNG-017B) incl. 0.6m @ 23.7g/t Au, 298g/t Ag and 23% Pb from 18.8m 0.82m @ 17.1g/t Au and 28g/t Ag from 14.3m (2022-KNG-017A) incl. 0.25m @ 50.1g/t Au, 63g/t Ag & 10.5% Pb from 14.3m. Diamond drill holes 2022-KNG-018C and 2022-KNG-027A were drilled just to the north and south (respectively) of a drill fence to provide geological and grade data and to provide sample for project metallurgical testwork. The results appear to correlate well with previous high-grade drill results. Kingman Project Background: The Kingman Project is located in north-west Arizona, USA, approximately 90 minutes' drive from downtown Las Vegas and within 5km of a major highway. Annuncio • Jan 19
Riedel Resources Limited Provides Update on Diamond Drilling, Confirming Shallow High-Grade Gold at Tintic Riedel Resources Limited announced the first assay results from a 23-hole diamond drill program completed at its Kingman Project in Arizona during Fourth Quarter CY2022. Multiple high-grade gold results seen in shallow holes 2022-KNG-017A, 017B and 017C confirm and complement the previous high-grade RC drill assay results achieved in 2022. The mineralisation at this location at Tintic is approximately 150m in width (to date) and is close to surface across each drill hole intercept on the section. The exceptional result of 0.37m @ 122.6g/t Au, 172g/t Ag and 3.7% Pb from 67.4m seen in hole 2022-KNG-021B, supports the high-grade intercept seen in RC hole 2022-CHL-075D which returned 3.8m @ 18.1gt/Au and 201g/t Ag including 1.5m @ 38g/t Au and 492g/t Ag¹. In addition to the high gold grades, the silver and lead suite of grades appear significantly elevated. As previously reported, mineralisation at Tintic appears to be contained within shallow, flat-dipping veins which comprise of varying amounts of quartz, clay and sulphide mineralisation. There are also indications of a stacked lode/sill complex in the drilling and assay results. The shallow depth of the intersected mineralisation, including the significant gold and silver grades seen in drilling, lends itself to the future potential for open-pit mining methods. Kingman Project Background The Kingman Project is located in north-west Arizona, USA, approximately 90 minutes' drive from downtown Las Vegas and within 5km of a major highway (refer Map 1). The project was mined predominantly for high-grade gold and silver from the 1880s until the early 1940s - which coincided with the outbreak of WWII. Following limited drilling near Tintic in the 1990s, 11 diamond holes were drilled on the property in late 2019 which intersected multiple zones of high- grade gold, silver and lead from shallow depths, confirming the extensive mineralisation potential of the area (refer Riedel ASX announcement dated 23 October 2020). During 2021, Riedel completed 9,420m of RC drilling (104 holes) over several historic mine areas on the property, including at Tintic, Merrimac, Arizona-Magma (Plate 2) and Jim's. This drilling returned high-grade assay results including 3.8m at 98.9g/t gold and 151g/t silver from 20.6m at Tintic. In addition, it confirmed a 1.8km long exploration target associated with the historic Jim's mine to host significant gold, silver, zinc and lead mineralisation as shallow as 1.5m below surface. The Kingman Project has seen minimal modern exploration. Riedel's recent RC drill program completed in April 2022 was its third at Kingman, where it is looking to acquire up to an 80% interest in via its December 2020 Agreement with Flagstaff Minerals Limited and Flagstaff Minerals (USA) Inc. This announcement was approved for release by the Board of Directors of Riedel. Board Change • Jan 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Jason Pater was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Jason Pater was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Jason Pater was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
