Board Change • May 20
Insufficient new directors 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. Independent Non-Executive Director Brendan Borg was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 25
Kuniko Limited has completed a Follow-on Equity Offering in the amount of AUD 3.75 million. Kuniko Limited has completed a Follow-on Equity Offering in the amount of AUD 3.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,332,371
Price\Range: AUD 0.053
Discount Per Security: AUD 0.00318
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,535,547
Price\Range: AUD 0.053
Discount Per Security: AUD 0.00318
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,886,792
Price\Range: AUD 0.053
Discount Per Security: AUD 0.00318
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Apr 03
Kuniko Limited, Annual General Meeting, May 28, 2026 Kuniko Limited, Annual General Meeting, May 28, 2026. Location: at level 1, 1 alvan street, subiaco 6008, Australia Annuncio • Feb 20
Kuniko Limited has filed a Follow-on Equity Offering in the amount of AUD 3.763616 million. Kuniko Limited has filed a Follow-on Equity Offering in the amount of AUD 3.763616 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,332,371
Price\Range: AUD 0.053
Discount Per Security: AUD 0.00318
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,792,453
Price\Range: AUD 0.053
Discount Per Security: AUD 0.00318
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,886,792
Price\Range: AUD 0.053
Discount Per Security: AUD 0.00318
Transaction Features: Subsequent Direct Listing Annuncio • Jan 19
Kuniko Limited Announces Upcoming Phase 1 Diamond Drilling Program At the Commonwealth Gold Silver Project, On-Schedule to Commence in February 2026 Kuniko Limited is focused on its upcoming Phase 1 diamond drilling program at the Commonwealth Gold-Silver Project, on-schedule to commence in February 2026. The Phase 1 diamond drilling program will comprise approximately 1,200 metres of drilling targeting the core of the Commonwealth-Silica Hill mineral system. A drill contractor has been appointed, and all drilling permits and land access approvals are in place. Priority targets have been generated from integrated geophysical, geochemical and geological interpretation, with drilling designed to test extensions of known gold-silver mineralisation at Silica Hill, Commonwealth Main and Commonwealth South. The program has been designed to deliver high-quality structural and geological data to guide follow-up drilling and future exploration. The Company looks forward to providing shareholders with regular updates as drilling progresses. Annuncio • Oct 08
Kuniko Limited has completed a Follow-on Equity Offering in the amount of AUD 0.686224 million. Kuniko Limited has completed a Follow-on Equity Offering in the amount of AUD 0.686224 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,803,201
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0042
Transaction Features: Subsequent Direct Listing Annuncio • Sep 14
Kuniko Limited has completed a Follow-on Equity Offering in the amount of AUD 2.0329 million. Kuniko Limited has completed a Follow-on Equity Offering in the amount of AUD 2.0329 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,142,858
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0042
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,898,565
Price\Range: AUD 0.07
Security Features: Attached Options
Transaction Features: Rights Offering Annuncio • Jul 31
Kuniko Limited has filed a Follow-on Equity Offering in the amount of AUD 2.0329 million. Kuniko Limited has filed a Follow-on Equity Offering in the amount of AUD 2.0329 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,041,423
Price\Range: AUD 0.07
Security Features: Attached Options
Transaction Features: Rights Offering Annuncio • Apr 28
Kuniko Limited, Annual General Meeting, May 29, 2025 Kuniko Limited, Annual General Meeting, May 29, 2025. Location: at level 1, 50 kings park road, west perth wa 6005, Australia Annuncio • Apr 02
Kuniko Limited Announces Company Secretary Changes Kuniko Limited announced the appointment of Tom O'Rourke to the role of Joint Company Secretary effective immediately and commenced the role together with the currently appointed Company Secretary, Mr. Joel Ives. Mr. O'Rourke is an experienced corporate advisor, specialising in company secretarial and financial management services. The Board would like to extend its due to outgoing Company Secretary, Mr. Marshall Lee, for his service to Kuniko and wish him all the best in his future endeavours. New Risk • Aug 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.44m (US$9.24m) 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$7.6m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m (AU$194k revenue, or US$125k). Market cap is less than US$10m (€8.44m market cap, or US$9.24m). Minor Risk Shareholders have been diluted in the past year (3.3% increase in shares outstanding). New Risk • Jun 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.83m (US$9.46m) 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$7.6m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m (AU$194k revenue, or US$128k). Market cap is less than US$10m (€8.83m market cap, or US$9.46m). Minor Risk Shareholders have been diluted in the past year (29% increase in shares outstanding). New Risk • Jun 06
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$7.6m 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$7.6m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m (AU$194k revenue, or US$129k). Minor Risks Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (€11.4m market cap, or US$12.4m). Annuncio • Apr 16
Kuniko Limited, Annual General Meeting, May 24, 2024 Kuniko Limited, Annual General Meeting, May 24, 2024. New Risk • Mar 28
New major risk - Revenue and earnings growth Earnings have declined by 50% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$7.6m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m (AU$194k revenue, or US$126k). Minor Risks Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (€13.6m market cap, or US$14.6m). Board Change • Feb 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Gavi Rezos is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jan 15
Kuniko Limited Appoints Bruno Piranda as Non-Executive Director Kuniko Limited announced that Bruno Piranda has been appointed as a Non-Executive Director of the Company, effective immediately. Bruno Piranda is a doctor of science for engineering in mechanics and vibro-acoustics Bruno has extensive experience in the automotive industry gained over more than 25 years in vehicle innovation, materials and design within the PSA Peugeot Citroën group and now STELLANTIS. Appointed as Vice President in 2011, Bruno Piranda has an international career overseeing the automotive design of vehicle projects on all continents including in Germany, to develop vehicles for the OPEL brand. In 2020, Bruno was appointed to oversee the merger of the engineering divisions of the two car manufacturers, FCA (Fiat Chrysler Automobiles) and PSA Peugeot Citroën, as part of the creation of the automotive giant, STELLANTIS. he supervises all STELLANTIS' global technical skills in raw materials and he intensively steers the materials technical expertise to reach carbon neutrality. New Risk • Sep 12
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$8.6m 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$8.6m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Revenue is less than US$1m (AU$61k revenue, or US$39k). Minor Risks Shareholders have been diluted in the past year (32% increase in shares outstanding). Market cap is less than US$100m (€17.7m market cap, or US$19.0m). Annuncio • Jun 30
Kuniko Limited announced that it expects to receive AUD 8 million in funding from Stellantis N.V. Kuniko Limited announced that it has entered into subscription agreement for the issue of common shares for gross proceeds of AUD 8 million on June 30, 2023. The transaction will include participation from new investor Stellantis N.V. for 19.9% stake in the company. The investor has a right to nominate one director to the company's board. The completion of the transaction is subject to customary closing conditions, including regulatory approvals. Board Change • Jun 30
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Gavi Rezos is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.