공시 • Oct 25
Sultan Resources Limited, Annual General Meeting, Nov 26, 2025 Sultan Resources Limited, Annual General Meeting, Nov 26, 2025. Location: mirador corporate, unit 1, 1 centro ave, subiaco wa 6008 Australia New Risk • Sep 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. 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 Share price has been highly volatile over the past 3 months (35% average weekly change). Earnings have declined by 6.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m (AU$23k revenue, or US$15k). Market cap is less than US$10m (AU$1.83m market cap, or US$1.20m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). 공시 • Sep 18
Sultan Resources Limited (ASX:SLZ) entered into a sale agreement to acquire Gunex Pty Ltd from Aldoro Resources Limited (ASX:ARN) for AUD 3.6 million. Sultan Resources Limited (ASX:SLZ) entered into a sale agreement to acquire Gunex Pty Ltd from Aldoro Resources Limited (ASX:ARN) for AUD 3.6 million on September 17, 2025. In consideration for the acquisition, Sultan Resources Limited will undertake several actions. Firstly, it will pay Aldoro a non-refundable cash deposit of AUD 0.05 million. Additionally, the Company will issue 286,449,355 Sultan shares, known as "Sultan Consideration Shares," which will be distributed to Aldoro shareholders on a one-for-one basis. Currently, this distribution involves 217,727,310 Sultan Consideration Shares based on the existing Aldoro shares on issue, with the remaining 68,722,045 Sultan Consideration Shares to be retained by Aldoro, referred to as the "In-Specie Distribution." Furthermore, the Company will make deferred cash payments to Aldoro totaling AUD1.5 million. This includes AUD 0.75 million payable upon achieving a Mineral Resource Estimate of at least 25 million tonnes at an average grade equal to or greater than 0.8% Ni from the projects, and an additional AUD 0.75 million upon a decision to mine being made at any of the projects, with both payments to be made within 36 months following completion. The completion of the acquisition transaction is contingent upon the fulfillment (or waiver, if permitted and agreed upon by the relevant party) of several conditions. These include the completion of due diligence by the Company, approval by the Company's shareholders for the issuance of the Sultan Consideration Shares, and the receipt of all necessary regulatory approvals in accordance with the Listing Rules, Corporations Act, or any other applicable laws to enable the lawful completion of the transaction. Additionally, the parties must obtain all required third-party regulatory consents or approvals, including the release of Altia Pty Ltd as the guarantor of Gunex Pty Ltd under the Gunex Royalty Deed, and the execution of deeds of assignment. New Risk • Aug 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% 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 (32% average weekly change). Earnings have declined by 6.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m (AU$23k revenue, or US$15k). Market cap is less than US$10m (AU$1.57m market cap, or US$1.02m). 공시 • Jun 03
Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.15735 million. Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.15735 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 231,469,910
Price\Range: AUD 0.005
Transaction Features: Rights Offering Board Change • Apr 10
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. 3 non-independent directors. Non-Executive Director Mark Mitchell was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 