Board Change • May 20
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 Colin McCavana was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 01
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 Colin McCavana was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 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 공시 • Sep 26
Empire Resources Limited, Annual General Meeting, Nov 27, 2025 Empire Resources Limited, Annual General Meeting, Nov 27, 2025. Location: perth Australia Board Change • Aug 18
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 Colin McCavana was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 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. 공시 • Oct 22
Empire Resources Limited, Annual General Meeting, Nov 28, 2024 Empire Resources Limited, Annual General Meeting, Nov 28, 2024. Location: at level 4, 130 stirling street, perth, western australia 6000., Australia New Risk • Sep 25
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$945k 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$945k free cash flow). Shares are highly illiquid. Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (AU$13k revenue, or US$9.3k). 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 (33% increase in shares outstanding). Board Change • Aug 15
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Aug 05
Empire Resources Limited Appoints Colin McCavana as Non-Executive Director Empire Resources Limited announced the appointment of Mr. Colin McCavana as Non-Executive Director, effective from 5 August 2024. Mr. McCavana has over 40 years' experience in the mining and resources sector and has extensive experience in exploration, project development, construction, corporate management, capital raising, financing and operations. Mr. McCavana has had extensive involvement in mineral exploration and project development including the successful development and operation of several gold and Tantalum production operations in Australia, Africa and the USA. Mr. McCavana was the founding director of PVW Resources Ltd. and is also Chairman of Reward Minerals Limited. New Risk • Jun 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 33% 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 Shares are highly illiquid. Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m (AU$110 revenue, or US$73.0). Market cap is less than US$10m (AU$4.45m market cap, or US$2.97m). Minor Risk Shareholders have been diluted in the past year (33% increase in shares outstanding). 공시 • Apr 11
Empire Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.741957 million. Empire Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.741957 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 370,978,306
Price\Range: AUD 0.002
Transaction Features: Rights Offering Board Change • Mar 15
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$1.3m free cash flow). Shares are highly illiquid. Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.45m market cap, or US$2.89m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Board Change • Jan 17
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Dec 20
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Oct 17
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Sep 28
Empire Resources Limited, Annual General Meeting, Nov 30, 2023 Empire Resources Limited, Annual General Meeting, Nov 30, 2023, at 10:00 W. Australia Standard Time. Agenda: To consider re-election of a director. Board Change • Sep 21
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Mar 20
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Jan 10
Empire Resources Limited Commences A Circa 3,500M Aircore (AC) Drilling Campaign At its 100% Owned Penny's Gold Project 45Km East of Kalgoorlie in Western Australia Empire Resources Limited announced that it has commenced a circa 3,500m aircore (AC) drilling campaign at its 100% owned Penny's Gold Project 45km east of Kalgoorlie in Western Australia. The drilling is planned to follow up strong gold intercepts from drilling undertaken by Empire during September 2022 at the Penny's Gold Project, testing the extents of the mineralisation encountered. The campaign will take approximately 2 weeks to complete with laboratory assay returns expected approximately 6 weeks following thereafter. The Penny's Gold Project targets lie immediately adjacent to and along strike of the existing 270,000t @ 4.99g/t Au for 43,000oz Resource at the Penny's Find Gold Mine. Empire is entitled to royalties on gold production from mining operations undertaken at the Penny's Find Gold Mine which is owned by Horizon Minerals Limited. Gold mineralisation within the Penny's Gold Project is interpreted to be similar to that encountered at Penny's Find Gold Mine and the Garibaldi Deposit, where gold is associated with shear related quartz veining within mafic volcanic rocks, shales (including black shales) and minor altered felsic rocks. The mineralised Penny's Find Shear Zone extends through E27/593 along with subparallel structures. Empire completed 69 aircore holes for 5,269m in September 2022 . Assays from the complete drill program returned multiple anomalous and high-grade gold±arsenic results across all prospects. In December 2022 Empire geological staff collected 1m re-split samples from select composite aircore intervals >0.40g/t Au. The results of the 1m re-split sampling reinforces the tenor of gold mineralisation encountered and improves targeting of future drilling. Drilling at PF09 targeted historic MMI anomalies within a structural corridor interpreted from aeromagnetic data to be subparallel to the Penny's Find Shear Zone. Anomalous gold mineralisation intersected in previous aircore and RC drilling undertaken by Empire between 2019 and 2021 also supported the drill targeting. Composite sample results from the September 2022 aircore drilling included: 7m @ 1.66g/t Au from 48m (EOH) in PAC22-29 including 2m @ 2.42g/t Au from 52m 3m @ 0.55g/t Au from 92m in PAC22-33 1m re-split samples were collected in December 2022 from select original aircore drilling composite intervals. The results of the 1m sampling reported in this announcement includes: 2m @ 4.45g/t Au from 51m in PAC22-29 including 1m @ 5.49g/t Au from 51m; 1m @ 1.82g/t Au from 91m in PAC22-31; 1m @ 1.64g/t Au from 72m in PAC22-30; 2m @ 1.02g/t Au from 73m in PAC22-38. Drilling at PF09 intersected basalt with a local fine spinifex texture along with zones of black shale (carbonaceous locally). The weathering profile ranged from 40 110m thick. Drillhole PAC22-26 intersected residual gold in saprolite, while drillholes PAC22-27, and PAC22-29 to PAC22-33 intersected anomalous gold at the fresh rock interface associated with quartz veining, +/-pyrite <2% and foliated basalt. A strong arsenic anomaly (120 3,252ppm As) is typically associated with anomalous gold at the fresh rock interface. Drilling at PF06 targeted historic MMI anomalies and anomalous gold intersected in previous aircore drilling undertaken by Empire in 2019 (PAC19-53: 12m @ 0.26gt Au from 12m). The proximity of PF06 to the Penny's Find Shear Zone elevates the priority of this target. Composite sample results from the September 2022 aircore drilling included: 4m @ 2.41g/t Au from 56m in PAC22-50; 4m @ 0.54g/t Au from 36m in PAC22-47. 1m re-split samples were collected in December 2022 from select original aircore drilling composite intervals. The results of the 1m sampling reported in this announcement includes: 3m @ 2.37g/t Au from 56m in PAC22-50 including 1m @ 5.14g/t Au from 56m; 2m @ 1.17g/t Au from 36m in PAC22-47. Drilling intersected basalt with a local fine spinifex texture similar to that encountered at PF09 along with domians of mafic schist. Anomalous gold was intersected in saprolite/saprock associated with relict quartz veining. Anomalous gold mineralisation was also encountered at the fresh rock interface associated with quartz veining and foliated basalt. An arsenic anomaly (80 1,463ppm As) also occurs at PF06, although weaker than that seen at PF09. Aircore drilling at PF07 targeted historic MMI anomalies coincident with an extension to the Penny's Find Shear Zone interpreted from aeromagnetic data. Old workings at PF07 are considered poorly tested by previous drilling. Results from the composite assays collected dring the September 2022 aircore program were previously announced and include: 8m @ 2.89g/t Au from 64m in PAC22-14 including 4m @ 5.33g/t Au from 64m; 12m @ 0.76g/t Au from 92m in PAC22-06 including 4m @ 1.22g/t Au from 12m; 4m @ 0.89g/t Au from 124m in PAC22-19; 9m @ 0.56g/t Au from 72m (EOH) in PAC22-08; 4m @ 0.65g/t Au from 84m in PAC22-09; 1m re-split samples were collected in December 2022 from select original aircore drilling composite intervals. The results of the 1m sampling reported in this announcement includes: 6m @ 3.73g/t Au from 64m in PAC22-14 including 1m @ 8.47g/t Au from 65m and 1m @ 6.06g/t Au from 67m; 1m @ 1.89g/t Au from 62m in PAC22-10; 1m @ 1.51g/t Au from 75m in PAC22-08; 2m @ 1.22g/t Au from 78m in PAC22-08. Drilling at PF07 intersected basaltic rocks with domains of mafic schist. The weathering profile ranges in thickness from 30 130m thick. Gold was intersected in the regolith and in end of hole lithology associated with quartz veining and pyrite <2%. A patchy but strong arsenic anomaly (200 2,563ppm As) is associated with a significant portion of PF07 drilling. Board Change • Jan 06
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Nov 16
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Recent Insider Transactions • May 07
Non-Executive Chairman recently bought AU$51k worth of stock On the 6th of May, Michael Ruane bought around 6m shares on-market at roughly AU$0.0093 per share. In the last 3 months, they made an even bigger purchase worth AU$63k. Michael has been a buyer over the last 12 months, purchasing a net total of AU$520k worth in shares. Board Change • Apr 29
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Recent Insider Transactions • Mar 08
Non-Executive Chairman recently bought AU$63k worth of stock On the 4th of March, Michael Ruane bought around 7m shares on-market at roughly AU$0.009 per share. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of AU$523k worth in shares. Board Change • Jan 07
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Recent Insider Transactions • Oct 21
Non-Executive Chairman recently bought AU$302k worth of stock On the 13th of October, Michael Ruane bought around 27m shares on-market at roughly AU$0.011 per share. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of AU$503k worth in shares. Board Change • Oct 21
No independent 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. No independent directors (3 non-independent directors). Non-Executive Chairman Mick Ruane was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.