Board Change • May 20
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 Director James Pearse is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Apr 30
Carbine Resources Limited, Annual General Meeting, May 29, 2026 Carbine Resources Limited, Annual General Meeting, May 29, 2026. Location: suite 23, 513 hay street, subiaco wa 6008 Australia Board Change • Aug 18
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 Director James Pearse is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Jun 18
Carbine Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.678046 million. Carbine Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.678046 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 81,015,197
Price\Range: AUD 0.003
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 145,000,000
Price\Range: AUD 0.003
Transaction Features: Subsequent Direct Listing 공시 • May 21
Carbine Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.103476 million. Carbine Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.103476 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 367,825,171
Price\Range: AUD 0.003
Transaction Features: Rights Offering 공시 • Apr 03
Carbine Resources Limited, Annual General Meeting, May 29, 2025 Carbine Resources Limited, Annual General Meeting, May 29, 2025. New Risk • Sep 14
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$785k 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$785k free cash flow). Shares are highly illiquid. Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m (AU$48k revenue, or US$32k). Market cap is less than US$10m (AU$2.21m market cap, or US$1.48m). Board Change • Aug 15
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 Director James Pearse is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 12
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director James Pearse is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 30
Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in FY 2022) Full year 2023 results: AU$0.002 loss per share (improved from AU$0.003 loss in FY 2022). Net loss: AU$1.29m (loss narrowed 13% from FY 2022). Board Change • Mar 26
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director James Pearse is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. 공시 • Feb 23
Carbine Resources Limited, Annual General Meeting, May 31, 2024 Carbine Resources Limited, Annual General Meeting, May 31, 2024, at 10:00 W. Australia Standard Time. Board Change • Nov 20
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director James Pearse is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. 공시 • Nov 11
Carbine Resources Limited Announces Resignation of Peter Batten as Non- Executive Director Carbine Resources Limited announced that Mr. Peter Batten has resigned as a Non- Executive Director of the Company with immediate effect. Following his transition from Managing Director to Non-Executive Director in August 2023, Peter has completed a handover of his technical duties and has stepped down from the Carbine Board to focus on his new role with Haranga Resources Limited. Peter's work for the Company over the past two years has been instrumental in advancing the Muchea West Silica Sand Project to the stage of mining license application, including the estimation of a maiden resource and a subsequent upgrade following a successful drilling campaign, and in the acquisition of the Bunbury Silica Sand Project. Reported Earnings • Sep 18
First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2022) First half 2023 results: AU$0.002 loss per share (in line with 1H 2022). Net loss: AU$890.2k (flat on 1H 2022). New Risk • Sep 14
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$1.2m 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$1.2m free cash flow). Shares are highly illiquid. Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m (AU$54k revenue, or US$35k). Market cap is less than US$10m (AU$3.31m market cap, or US$2.13m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). 공시 • Sep 07
Carbine Resources Limited Appoints Brett Grosvenor as Non-Executive Director Carbine Resources Limited advised that highly experienced mining professional, Mr. Brett Grosvenor, has been appointed as a Non-Executive Director of the Company with immediate effect. Mr. Grosvenor is an experienced executive with over 25 years' experience in the mining and power industry.Mr Grosvenor holds a Bachelor of Engineering and a Master of Business. He has held senior executive positions with a number of companies including director of development of Primero Group, focused on the development of projects from initial concept through to contract delivery and operation.Mr. Grosvenor is currently a director of ASX-listed Perpetual Resources Ltd. and Firebird Metals Limited and executive chairman of Firetail Resources Ltd. He is a member of the Project Steering Group for Patriot Battery Metals and also sits on the Australian Industry Consultation Group for Battery and Critical Minerals. Board Change • Aug 15
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). MD & Director Peter Batten is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Jul 20
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). MD & Director Peter Batten is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. 공시 • Jun 30
Carbine Resources Limited Appoint Board of Directors Carbine Resources Limited advised that Glenn Whiddon and James Pearse have been appointed as Non-Executive Directors of the Company with immediate effect. Mr. Whiddon has an extensive background in equity capital markets, banking and corporate advisory, with a specific focus on natural resources. Mr. Whiddon holds a degree in Economics and has extensive corporate and management experience. Mr. Whiddon is currently non-executive chairman of Calima Energy Ltd. and a non-executive director of MinRex Resources Ltd. Mr. Pearse is an experienced corporate lawyer with over 10 years' experience working for national, international and boutique law firms advising Australian businesses mainly in the mining, oil & gas and technology sectors. He holds Bachelor degrees in both Law and Commerce, majoring in finance. 공시 • Jun 01
Carbine Resources Limited Announces Resignation of Oonagh Malone as Company Secretary Carbine Resources Limited announced that Following the meeting held on May 31, 2023, Company Secretary, Oonagh Malone has tendered her resignation and will step down as Company Secretary following the completion of her three month notice period. 공시 • May 26
Carbine Resources Limited (ASX:CRB) signed a binding term sheet to acquire Down South Silica Sands Project from Peter Romeo Gianni and Robert Andrew Jewson for AUD 0.8 million. Carbine Resources Limited (ASX:CRB) signed a binding term sheet to acquire Down South Silica Sands Project from Peter Romeo Gianni and Robert Andrew Jewson for AUD 0.8 million on May 25, 2023. Carbine will issue 71,965,794 shares which will be subject to 12 month voluntary escrow from the date of issue and the grant of a 1% net smelter royalty over all minerals extracted from the tenements comprising the Silica Sand Project, to be granted on customary AMPLA terms. The transaction is expected to complete on May 25, 2023. Board Change • May 17
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 Evan George Cranston was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 21
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 Evan George Cranston was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 13
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 Evan George Cranston was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 06
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 Evan George Cranston was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 25
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 Evan George Cranston was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 14
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 Evan George Cranston was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 02
Full year 2021 earnings released Full year 2021 results: Net loss: AU$1.77m (loss widened AU$1.62m from FY 2020). Board Change • Mar 19
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. MD & Director Peter Batten 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. Reported Earnings • Sep 16
First half 2021 earnings released: EPS AU$0.002 (vs AU$0.002 loss in 1H 2020) First half 2021 results: Net income: AU$402.2k (up AU$790.9k from 1H 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Jul 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. 2 non-independent directors. Independent Non-Executive Chairman Evan George Cranston was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.