New Risk • Mar 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% 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 Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-AU$1.2m). Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$16.7m market cap, or US$11.4m). New Risk • Feb 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% 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 Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-AU$498k). Earnings have declined by 8.2% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (AU$22.2m market cap, or US$15.7m). 공시 • Feb 11
Empire Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million. Empire Resources 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: 363,478,311
Price\Range: AUD 0.008
Discount Per Security: AUD 0.00048
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 261,521,689
Price\Range: AUD 0.008
Discount Per Security: AUD 0.00048
Transaction Features: Subsequent Direct Listing New Risk • Sep 27
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$498k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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$896k free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Negative equity (-AU$498k). Earnings have declined by 8.2% per year over the past 5 years. Revenue is less than US$1m (AU$4.2k revenue, or US$2.8k). Market cap is less than US$10m (AU$8.16m market cap, or US$5.35m). 공시 • Sep 26
Empire Resources Limited, Annual General Meeting, Nov 27, 2025 Empire Resources Limited, Annual General Meeting, Nov 27, 2025. Location: perth Australia 공시 • Apr 08
Empire Resources Limited Receives Assay Results from its Recently Completed Slim Line Reverse Circulation Drilling Campaign at its Yuinmery Copper-Gold Project in Western Australia Empire Resources Limited provided the following update on exploration at the Company's Yuinmery Copper-Gold Project. Empire advises that it has now received assay results from its recently completed Slim Line Reverse Circulation drilling campaign at its Yuinmery Copper - Gold Project in Western Australia. Fifteen (15) drill holes for 1,236m, were completed testing five separate copper-gold target areas. There are no significant gold or copper assay results, with the highest gold assay from both holes being YAC24-14: 4m @ 51ppb from 4m. The information in this report that relates to Exploration Results is based on information compiled and/or reviewed by Mr. Mark Shelverton, who is a Member of the Australian Institute of Geoscientists. Mr. Shelverton is a full-time employee of Empire Resources and has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Hole positioning along grid line to intersect target zone., NA, RC results being reported are mostly based on 4m composite samples., Orientation of data in relation to geological structure, Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type., If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material., Drill sample orientation is considered appropriate with respect to the structures being tested., Bias introduced by drilling orientation is considered insignificant due to the depth of cover and lower penetration of residual bedrock, Sample Security, The measures taken to ensure sample security., Samples for submission to the laboratory are collected in pre-numbered calico bags; top of each bag is secured with a draw string., At each drill pad, calico sample bags are placed inside a poly woven bag (4 to a bag); top of each poly woven bag is secured with a cable tie., Each poly woven bag is annotated with the company name and the sample numbers held within each bag., Poly woven bags are transported to the Intertek Maddington Laboratory and placed on pallets by Empire Resources personnel., The Intertek Maddington Laboratory has a fenced compound with lockable gate., Audits or reviews, The results of any audits or reviews of sampling techniques and data., Samples are submitted to Intertek Laboratory in Maddington by Empire Resources personnel for sample preparation and analysis, The laboratories are subject to routine and random inspections, The program was completed and, data processed by the competent person who is an employee of Empire. This involved rock chip sampling and limited percussion drilling. Meekal Pty Ltd. commenced an exploration program in 1985 by remapping parts of the syncline and rock chip sampling. In 1986 Meekal introduced Arboyne NL into the project who carried out gold exploration by drilling reverse circulation holes under old gold workings. 