Board Change • May 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 John Morrison is the most experienced director on the board, commencing their role in 2025. 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 • May 01
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 John Morrison is the most experienced director on the board, commencing their role in 2025. 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 • Dec 24
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 John Morrison is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Aankondiging • Oct 09
Cannindah Resources Limited, Annual General Meeting, Nov 11, 2025 Cannindah Resources Limited, Annual General Meeting, Nov 11, 2025. Location: level 2, 22 mount street, perth wa 6000, perth, western australia Australia Aankondiging • Aug 22
Cannindah Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.5505 million. Cannindah Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.5505 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 303,366,647
Price\Range: AUD 0.015
Security Features: Attached Options
Transaction Features: Rights Offering Aankondiging • Mar 25
Cannindah Resources Limited Announces Thick High Grade Copper Gold Intersection of 71m @ 0.95% CuEq in Hole 24 Extends Mineralisation at Mt Cannindah Beyond Resource Cannindah Resources Limited announced an outstanding assay result from the first hole in its recently commenced drilling program to test extensions to the existing Mineral Resource as well as testing some significant IP anomalies adjacent to the Resource. Hole CAE2024 intersected a significant 71m @ 0.95% CuEq from 127m, within a very large and broad zone of 274m @ 0.49% CuEq. The hole also returned some high grade gold including 1m @ 31.07 g/t Au from 464m. These results demonstrate continuity of the breccia mineralisation and further indicate the potential development of shallow plunging higher grade zones or shoots internal to the enveloping Cu Au mineralised material. Furthermore the continual development of high grade gold results in most drill holes completed to date provides further encouragement. This hole extends beyond the known resource area and is outside the current resource block model from 278m, and potentially provides an increase in grade within the area of the resource that it has filled where there was a data gap between the excellent results of previous holes 13 and 19. Cannindah Resources Limited is currently completing a diamond drilling program at the Mt Cannindah, copper gold silver project south of Gladstone near Monto in central Queensland. Aankondiging • Mar 07
Cannindah Resources Limited Appoints Cameron Switzer to the Position of Technical Advisor to the Board and Exploration Manager Cannindah Resources Limited announced the appointment of Mr. Cameron Switzer to the position of Technical Advisor to the Board and Exploration Manager. Mr. Switzer is a highly experienced geologist with over 35 years in the mining industry, specializing in mineral exploration, resource development, and project evaluation. He has worked extensively across Australia and internationally, with a strong focus on copper, gold, and base metals projects. His expertise in porphyry copper-gold systems, particularly within the Australian domain and importantly Queensland, is directly aligned with the exploration
and development objectives at the Mt Cannindah Project. Mr. Switzer has held key technical and leadership roles throughout his career, including: Exploration Manager APAC Newcrest Mining (PNG & Australia): Led major exploration programs focused on porphyry copper-gold systems, advancing projects from early-stage exploration through to resource definition. Responsibilities within APAC included all exploration activities at Cadia, Telfer, Lihir, and Gosowong along with greenfield opportunities, as well as being instrumental as part of the team that led to the acquisition, discovery and the delivery of the 8Moz Au Havieron project in the Paterson Province. Principal Geologist for Project Generation for Newcrest Mining and Newmont Mining post the takeover of Newcrest mining by Newmont. This role included the analysis and evaluation of the Copper Industry for the Newmont Copper Study team. Included in his role was also the mentoring and training in Porphyry Systems at Cadia and IRGS at Boddington, the evaluation and assessment of multiple opportunities in APAC, Asia, Europe, USA, and Latin America. Throughout his career, Mr. Switzer has been instrumental in discovering and advancing significant mineral deposits, with a track record of delivering exploration success and enhancing shareholder value. As Technical Advisor to the Board and Exploration Manager he will report directly to Managing Director Tom Pickett, and will provide strategic oversight on exploration programs, drilling campaigns, and resource expansion initiatives. His leadership will play a critical role in advancing the Mount Cannindah Project and unlocking further value from the extensive tenement holdings. Aankondiging • Feb 26
Cannindah Resources Limited Announces Board Changes The Board of Cannindah Resources Limited announced the appointment of Mr. Tony Rovira to the Board. Tony has over 40 years technical and management experience in the mining industry, as an exploration and mining geologist, and as a company executive at board level. Tony was most recently the Managing Director of Azure Minerals Limited (Azure) where he oversaw the discovery of the world class Andover Lithium Deposit in the Pilbara in joint venture with Mr. Mark Creasy, and which ultimately culminated in the $1.7 billion cash takeover of the company by Hancock Prospecting Pty Ltd. and Sociedad Química y Minera de Chile S.A. (SQM). For this transaction, Azure and Tony were awarded the prestigious "Dealer of the Year Award" at the 2024 Diggers & Dealers Mining Forum. Dr. Simon Beams has resigned as a Director on the appointment of Mr. Rovira. Dr. Beams will remain closely involved with the company through his role as a Director of Cannindah's consultant geologists Terra Search. The Board records its appreciation of and Dr. Beams for his long contribution as a Director and looks forward to continuing working closely with him on the Company's projects going forward. Aankondiging • Feb 06
Cannindah Resources Limited Announces Appointment of John Morrison as Director The Board of Cannindah Resources Limited announced the appointment of Mr. John Morrison to the Board. Mr. Morrison is CEO and co-founder of Swilken Capital (alterna ve asset investment firm) and Execu ve Chairman and co-founder of Portside Credit Partners (private credit investment firm). He
has over 30 years' experience in investment banking and an adviser to many companies in the resources industry. He has been a director of several ASX listed companies, including a mining company. He holds a B.E. (Hons) and an MBA. Board Change • Dec 24
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. Chairman of the Board Michael K. Hansel was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 31
Cannindah Resources Limited, Annual General Meeting, Nov 27, 2024 Cannindah Resources Limited, Annual General Meeting, Nov 27, 2024. Location: hopgoodganim solicitors level 8, waterfront place, 1 eagle street, brisbane 4000 Australia Aankondiging • Oct 22
Cannindah Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million. Cannindah Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,000,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Oct 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Shares are highly illiquid. Revenue is less than US$1m (AU$550 revenue, or US$381). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (AU$24.3m market cap, or US$16.8m). Board Change • Aug 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. 3 non-independent directors. Independent Non-Executive Director Geoff Missen was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 19
First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2023) First half 2024 results: AU$0.001 loss per share (improved from AU$0.002 loss in 1H 2023). Net loss: AU$844.1k (loss narrowed 8.2% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Board Change • Feb 02
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. 3 non-independent directors. Independent Non-Executive Director Geoff Missen was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 08
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. 3 non-independent directors. Independent Non-Executive Director Geoff Missen was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 09
Cannindah Resources Limited, Annual General Meeting, Nov 09, 2023 Cannindah Resources Limited, Annual General Meeting, Nov 09, 2023, at 11:00 E. Australia Standard Time. Location: Crowne Plaza Hotel, 2807 Gold Coast Hwy Surfers Paradise Queensland Australia Agenda: To consider Financial Statements and Reports; to consider Remuneration Report; to consider ae-election of Mr. Thomas Pickett; to ratify the Issue of Shares under Previous Placements; and to consider approval to issue an additional 10% placement capacity pursuant to Listing Rule 7.1A. New Risk • Sep 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Risk Revenue is less than US$1m (AU$3.3k revenue, or US$2.1k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (AU$62.5m market cap, or US$40.4m). Recent Insider Transactions • Aug 12
Executive Chairman & CEO recently bought AU$63k worth of stock On the 3rd of August, Thomas Pickett bought around 390k shares on-market at roughly AU$0.16 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months. New Risk • Aug 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m (AU$3.3k revenue, or US$2.2k). Minor Risks Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Market cap is less than US$100m (AU$84.3m market cap, or US$55.0m). Recent Insider Transactions • Mar 31
Non-Executive Director recently bought AU$107k worth of stock On the 28th of March, Simon Beams bought around 558k shares on-market at roughly AU$0.19 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Aankondiging • Feb 15
Cannindah Resources Limited Complets Assay Results from the Drilling Program Currently Underway At Mt Cannindah Cannindah Resources Limited announced the next set of completed assay results from the drilling program currently underway at Mt Cannindah, copper gold silver project south of Gladstone near Monto in central Queensland pertaining to hole 22CAEDD015 (final depth 486.66m) and hole 22CAEDD016 (final depth 618.57m). The most significant results were obtained in hole 22CAEDD016, see location plan Fig 4. Drilling hole # 16 in a north to south direction (ie. right angles to the majority of the previous drilling), has demonstrated that the mineralized zone at the northern section of the Mt Cannindah deposit is a robust high grade copper (gold, silver) rich breccia body. This is one of the higher grade portions of a larger resource that has significant potential to be expanded. The northern, high grade, diorite dominated, breccia has now been drilled from 4 directions, all of which have returned 100m plus thick, downhole intersections, grading well over 1% CuEq. At 159m in CAE Hole #16 the vein fracture network within diorite has a sharp contact with hydrothermal infill breccia, dominated by angular clasts of sericite altered diorite with common coarse infill of quartz, calcite,-pyrite and chalcopyrite. The infill breccia is strongly sulphidic throughout: containing 4% - 8 % pyrite, 1.5% to 7% chalcopyrite between 159m and 246m see Figs 6 to 9. Lesser sulphide is contained in the hydrothermal infill breccia between 246nm and 295m (1.5% pyrite, 0.5% chalcopyrite). Board Change • Nov 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. 3 non-independent directors. Independent Non-Executive Director Geoff Missen was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 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 Director Geoff Missen was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.