Aankondiging • Feb 17
Copper 360 Limited Announces Resignation of Phillip Venter Attorneys as Company Secretary, Effective March 16, 2026 Copper 360 Limited announced that Phillip Venter Attorneys have resigned as Copper 360’s company secretary with effect from March 16, 2026 due to a strategic realignment of the firm’s service offerings. Aankondiging • Dec 16
An undisclosed buyer acquired an additional minority stake in Copper 360 Limited (JSE:CPR). An undisclosed buyer acquired an additional minority stake in Copper 360 Limited (JSE:CPR) on December 15, 2025. As a result of the acquisition, Differential Capital (Pty) Ltd's total beneficial interest, held on behalf of its clients, will increase to 25.6% of the total issued ordinary shares of Copper 360.
Bridge Capital Advisors Proprietary Limited acted as financial advisor for Copper 360 Limited.
An undisclosed buyer completed the acquisition of an additional minority stake in Copper 360 Limited (JSE:CPR) on December 15, 2025. Aankondiging • Dec 15
Rupert Smith acquired an additional unknown minority stake in Copper 360 Limited (JSE:CPR). Rupert Smith acquired an additional unknown minority stake in Copper 360 Limited (JSE:CPR) on December 15, 2025. The transaction resulting in the total beneficial interest of Copper 360 ordinary shares held by Rupert Smith increasing to 8.4% of the total issued Copper 360 ordinary shares.
Rupert Smith completed the acquisition of an additional unknown minority stake in Copper 360 Limited (JSE:CPR) on December 15, 2025. Reported Earnings • Dec 01
First half 2026 earnings released: R0.19 loss per share (vs R0.11 loss in 1H 2025) First half 2026 results: R0.19 loss per share (further deteriorated from R0.11 loss in 1H 2025). Revenue: R67.9m (down 3.2% from 1H 2025). Net loss: R132.6m (loss widened 70% from 1H 2025). New Risk • Dec 01
New major risk - Revenue and earnings growth Earnings have declined by 94% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 94% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (R346.0m market cap, or US$20.2m). Aankondiging • Nov 25
Copper 360 Limited to Report Q2, 2026 Results on Nov 28, 2025 Copper 360 Limited announced that they will report Q2, 2026 results on Nov 28, 2025 New Risk • Oct 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% 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 (11% average weekly change). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risk Market cap is less than US$100m (R484.4m market cap, or US$27.9m). Aankondiging • Sep 16
Copper 360 Limited, Annual General Meeting, Oct 15, 2025 Copper 360 Limited, Annual General Meeting, Oct 15, 2025. Aankondiging • Sep 06
Copper 360 Limited has filed a Follow-on Equity Offering in the amount of ZAR 400 million. Copper 360 Limited has filed a Follow-on Equity Offering in the amount of ZAR 400 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 520,000,000
Price\Range: ZAR 0.5
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 280,000,000
Price\Range: ZAR 0.5
Transaction Features: Rights Offering New Risk • Aug 18
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 South African stocks, typically moving 10% 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 Less than 1 year of cash runway based on free cash flow trend (-R253m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (R372.7m market cap, or US$21.1m). New Risk • Jul 08
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 South African stocks, typically moving 10% 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 Less than 1 year of cash runway based on free cash flow trend (-R253m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (R694.1m market cap, or US$39.0m). Reported Earnings • Jul 02
Full year 2025 earnings released: R0.32 loss per share (vs R0.11 loss in FY 2024) Full year 2025 results: R0.32 loss per share (further deteriorated from R0.11 loss in FY 2024). Revenue: R143.7m (up 355% from FY 2024). Net loss: R220.7m (loss widened 241% from FY 2024). New Risk • Jun 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 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: Minor Risks Latest financial reports are more than 6 months old (reported August 2024 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Revenue is less than US$5m (R82m revenue, or US$4.6m). Market cap is less than US$100m (R745.3m market cap, or US$41.2m). Aankondiging • May 30
Copper 360 Limited to Report Fiscal Year 2025 Results on Jun 30, 2025 Copper 360 Limited announced that they will report fiscal year 2025 results at 4:50 PM, South Africa Standard Time on Jun 30, 2025 Aankondiging • Mar 27
Copper 360 Announces Update on Hard Rock Production at Rietberg Mine Copper 360 announced an operational update on progress with hard rock development at Rietberg Mine and the attendant effect on processing. Hard rock development. Ore development commenced on the 31st of January 2025 on 903L at the Rietberg Mine. Sliping blast rounds to establish the face of the breakaway took place on the 31st followed by another slipe on the 7th of February. Ore Development started and focused on the northern breakaway ("ND1"). The sulphide mineralisation observed in the sidewall before blasting commenced continued throughout the development of the drive. The ore is a mafic noritic rock primarily hosting bornite and chalcopyrite mineralisation. The following table shows the date blasts took place, including tonnage, grade and advance for ND1: Table 1. 903 Level - ND1 Advance, Tonnes and Grade. Blasting of the second breakaway ("ND2"), commenced on the 26th of February followed by another blast on the 13th of March. Geology encountered in ND2 consists of grey granulite with some glimmerite stringers and mineralisation is not visible and abundant as in ND1. The lack of initial high-grade mineralisation was expected, based on the block model. The following table shows the Date blasts took place, including tonNage, grade and advance forND2: Blasting of the second break away (ND2), commenced on the 26th of January 2025 followed by another blast on the13th of March. geology encountered in ND2 consists the grey granulite with some Glimmerite stringers and mineralization is not visible and abundant as In ND1. The lack of initially high-grade mineralization was expected, based on the Block model. New Risk • Feb 14
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 South African stocks, typically moving 8.5% 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 Less than 1 year of cash runway based on free cash flow trend (-R393m free cash flow). Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risks Revenue is less than US$5m (R82m revenue, or US$4.5m). Market cap is less than US$100m (R931.6m market cap, or US$50.7m). Aankondiging • Dec 31
Copper 360 Limited Appoints Shirley Hayes as Chief Executive Officer Copper 360 Limited announced that the Ms. Shirley Hayes has been appointed as Chief Executive Officer of the company. As CEO, Ms Hayes will focus primarily on operational and financial excellence ensuring strict cost discipline and company resource optimisation; the implementation of the transition to producing status ensuring integrated collaboration and disciplined execution and risk management; and driving the Company's long-term vision whilst delegating investor relations to a capable team. Aankondiging • Dec 30
Copper 360 Limited Announces Changes in the Board of Directors Copper 360 Limited announced that Ms. Shirley Hayes has been appointed as Chief Executive Officer of company, relinquishing her previous position as Executive Chairperson. Mr. Jan Nelson has been appointed as Executive Director of Resource Strategy and Equity Value. Mr. Rupert Smith has been appointed as Non-executive Chairman of the Board of Directors. As CEO, Ms. Hayes will focus primarily on operational and financial excellence ensuring strict cost discipline and company resource optimisation; the implementation of the transition to producing status ensuring integrated collaboration and disciplined execution and risk management; and driving the Company's long- term vision whilst delegating investor relations to a capable team. Mr. Nelson will lead mineral resource optimization; drive the development of the Company's Cluster Mining Model; and align operational and equity strategies to unlock and demonstrate the company's value to investors. Mr. Smith will ensure that the Board of Directors provides governance oversight and strategic alignment of the executive team with shareholder interests. In order to assist the Board of Directors to execute its duties, it has been decided to implement a formal Investment Committee which will have responsibility for approving significant capital expenditure and investments in alignment with Copper 360's long term objectives and in accordance with acceptable risk parameters. The changes are effective immediately. Reported Earnings • Dec 05
First half 2025 earnings released: R0.12 loss per share (vs R0.008 loss in 1H 2024) First half 2025 results: R0.12 loss per share (further deteriorated from R0.008 loss in 1H 2024). Net loss: R78.1m (loss widened R73.2m from 1H 2024). Aankondiging • Nov 27
Copper 360 Limited to Report First Half, 2025 Results on Nov 29, 2024 Copper 360 Limited announced that they will report first half, 2025 results on Nov 29, 2024 Aankondiging • Aug 17
Copper 360 Limited, Annual General Meeting, Sep 27, 2024 Copper 360 Limited, Annual General Meeting, Sep 27, 2024. Aankondiging • Aug 07
Copper 360 Limited Announces Declaration of Maiden Reserve At Rietberg Copper Mine Copper 360 Limited announced the declaration of a maiden Reserve for the Rietberg Copper Mine A detailed mining viability study and concomitant report was recently published. It includes the results of an investigation into merging technical and commercial evaluations in order to gauge the viability of a Long-Term Operational Plan (LoM). This plan outlines the development of vital infrastructure and forecasts the production capacity that will underpin future mining endeavours. Approximately 50% of the previously declared Measured and Indicated Resource has been incorporated into the Life of Mine Plan (LOMP). The LOMP design specifically focuses on "high grading" the Rietberg orebody while minimising dilution. Significant to the change, is the discovery of broken ore within the draw points at the base of the historical stope. The presence of these broken stocks has strategically influenced the mining schedule, enabling the early utilisation of these resources. Secondly, the Probable Reserve estimate now includes an additional 500,000 tonnes of "fringe-ore" (ore left behind along the sidewalls of the stope from previous mining) with a grade of 1.37% copper. The spatial orientation of the ore deposit is such that it surrounds the gloryhole in a spherical shape, extending downward from the crest of the mountain to the 850 level (referred to as skins), where it tapers off in two shrimp tail-like shapes below the 903 level. Furthermore, the inclusion of a crown pillar block accessed via the 400 level, which refers to a block of high-grade ore modelled for underground mining during the initial stoping programme, adds to resource base. The crown pillar has an estimated Proven Reserve of 94,000 tonnes with a grade of 1.17% copper. Over the mine's lifespan, the all-in-sustaining unit cost (AISC) estimate amounts to R81 903 per tonne (equivalent to USD 4,427 per tonne) for copper contained in concentrate. In conclusion, the Rietberg Mines Reserves have increased by approximately 50% of the previously declared Mineral Resource (Measured and Indicated). As engineers' confidence continues to improve, anticipate further conversion of inferred resources. Remaining are resources classified as Rock Mechanic Exclusion Zones, which prohibit mining on the western side of the underground void due to the presence of an inverted sidewall just below the crest. This exclusion results in an ore loss of approximately 1.3 million tonnes from the potential mineable reserve, leaving 2.48 million tonnes (including void tonnage) as the final mineable reserve. Considering these exclusions, the Run of Mine (ROM) tonnes comprise 72% of the total mineable ore reserve. The required engineering to extract this portion of the ore is still in its conceptual design stage and is expected to be completed as part of an independent study. Consequently, it has been excluded from the current resource and reserve declaration. Aankondiging • Aug 05
Copper 360 Limited Announces Commencement of Underground Production at Rietberg Mine Copper 360 Limited announced the commencement of underground mining operations at its Rietberg Mine, in the Northern Cape Province of South Africa. Measured & Indicated resource of 4,782,000 tonnes at 1.27% Cu representing 60,800 tonnes of copper metal. Sampling from draw points underground yielding values of 6.08%, 1.89%, 1.54%, 3.11%, 2.39%, 5.64% and 1.88% from broken stocks previously mined on 605 level. Ore is being processed at the Nama Copper Modular Floatation Plant (MFP)2 recently acquired from Mazule Resources. Production has started with a target for the first month of 12,000 tonnes per month is being targeted at copper grades of 1.6% Cu in situ that will increase over 4 months to 45,000 tonnes per month as the second MFP (MFP1) the company is constructing is commissioned in the next 2 months. Plant recoveries of 75% to 85% are being targeted during start-up with previous test work reporting recoveries of 92% are possible. The reopening of the Rietberg Mine represents a significant milestone for the company as it is the first time in more than four decades that copper is mined in the O'Kiep Copper District ("OCD"). Rietberg was previously closed in 1983. It also represents an historic milestone in South Africa's mining history with copper again being mined in an area which was the site of the first mineral discovery in the country in 1661. Rietberg Mine, which has a rich history dating back to the early 20th century, holds significant copper reserves. The resumption of operations has and will continue to contribute substantially to the local economy, providing employment opportunities and supporting community development initiatives in the Northern Cape region. Rietberg is the first of a number of historical dormant mines initially developed by Newmont and Gold Fields with defined ore-bodies and established underground infrastructure that Copper 360 plans to re-open in the area as part of its Cluster Mining Model ("CMM"). The company holds a mining right across eighteen thousand hectares where 12 mines and 60 historical prospects have been identified each with its own comprehensive dataset. Recent Insider Transactions • Jun 26
Executive Chairman recently bought R71k worth of stock On the 24th of June, Shirley Hayes bought around 15k shares on-market at roughly R4.73 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Shirley has been a buyer over the last 12 months, purchasing a net total of R93k worth in shares. Aankondiging • May 17
Copper 360 Limited Announces Appointment of Shirley Hayes as Executive Chairman Copper 360 Limited announced the immediate appointment of Shirley Hayes as Executive Chairman. Until now, Shirley served as Non-Executive Chairman of the Company. Shirley has been mandated by the Board to oversee the capital requirements for the Rietberg mine and the concomitantmove into production at the works. Aankondiging • Mar 27
Copper 360 Limited, Annual General Meeting, Apr 23, 2024 Copper 360 Limited, Annual General Meeting, Apr 23, 2024, at 07:00 Coordinated Universal Time. Agenda: To consider and to pass the resolutions to approve, and to grant authority to directors of the Company in relation to, the Proposed Transaction. New Risk • Feb 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-R244m free cash flow). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (8.4% average weekly change). Significant insider selling over the past 3 months (R2.7m sold). Revenue is less than US$5m (R53m revenue, or US$2.8m). Market cap is less than US$100m (R1.67b market cap, or US$88.5m). New Risk • Dec 22
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Aankondiging • Sep 05
Copper 360 Limited Appoints Marcel Golding as Director and Member of the Audit Committee Copper 360 Limited at the AGM held on 4 September 202, approved confirmation of Marcel Golding as a director of the Company and election of Marcel Golding as member of the Audit Committee. Reported Earnings • Aug 08
Full year 2023 earnings released: R0.53 loss per share (vs R0.058 profit in FY 2022) Full year 2023 results: R0.53 loss per share (down from R0.058 profit in FY 2022). Revenue: R33.3m (up 175% from FY 2022). Net loss: R55.0m (down R60.8m from profit in FY 2022). Aankondiging • Aug 04
Copper 360 Limited, Annual General Meeting, Sep 04, 2023 Copper 360 Limited, Annual General Meeting, Sep 04, 2023, at 11:00 South Africa Standard Time. Aankondiging • Jul 06
Copper 360 Limited Announces That Metallurgical Test Results Confirm High Copper Recovery and Concentrate Grade from Rietberg Copper Mine Drill Core Copper 360 Limited announced that metallurgical test results confirm high copper recovery and concentrate grade from Rietberg Copper Mine Drill Core. The test results have exceeded the Company's expectations with the net result being that more copper with less energy (and less concentrate mass per higher copper concentration) will be recovered which will directly impact the bottom line of the new processing plant being built in a very positive way. Copper 360 contracted SGS Metallurgy and Mineralogy Division, South Africa ("SGS") to conduct test work on a representative sample of the Rietberg orebody (Project 22/2781). The sample was prepared under direction of Dr Deon Tobias Vermaakt (PhD Geology) (SACNASP 400020/01) competent person to the Company, from four core boreholes twinned parallel to historical drilling to validate the historical database (6 June 2023). Preliminary batch test results released by SGS, showed recoveries of >90% at grinding sizes 80% passing 75 micron and 80% passing 45 micron, using SIBX as collector and DOW200 as frother. Comparative test work with the process water from site, using PAX as collector and MIBC as frother, showed a slight improvement in the recovery rate. Variability test work is currently underway at SGS. SGS prepared two rougher concentrates (Tests 4 and 5) for cleaning test work. During Test 4, a 20 minute residence time was used, resulting in a mass pull of 8.4% and corresponding Cu grade of 22.6%. A 9 minute cleaner test yielded a mass pull of 3.84% (based on feed solids) and a final Cu grade of 48.7%. Test 5 was conducted over a shorter period resulting in a lower mass pull and higher Cu grade of 32.9%. Cleaning of this concentrate yielded a 49.2% Cu content in the concentrate. Aankondiging • Jun 07
Copper 360 Limited Announces Drilling Results Confirms High Grade Copper Intersects at Rietberg Copper Mine Copper 360 Limited announced that four core boreholes twinned parallel to historical drilling confirms historical copper values and widths as well as validates the historical database. Borehole RB360-3 intersects 22,27m at 2.7% copper in situ (drill width) at Rietberg Copper Mine. Borehole RB360-4 intersects 6,66m at 3.57% copper in situ (drill width) at Rietberg copper Mine. Surface channel sampling at Wheal Julia leads to discovery of copper oxide capping on surface 150m wide by 100m long and open to depth. Average value of samples at Wheal Julia yields in situ average copper grade of 5% copper with individual values as high as 8% to 10% copper in situ. Shareholders are reminded the Newmont Mining Company drilled 123 boreholes representing over 8500m of core that defined several large high-grade copper deposits during 1980 at the Rietberg Mine. These deposits were pre-developed but never mined. Copper 360 through its subsidiary Shirley Hayes IPK (Pty) Ltd. has a Mining Right over the Rietberg Mine and own the historical geological drillhole database. Because the core from the drillhole database was not preserved, the Company drilled 4 core boreholes parallel and within at least a 5 to 10m distance from 4 historical boreholes to confirm the validity of the drillhole database. These new core boreholes have confirmed the validity of the historical intersected copper widths and grades and were spaced in a representative manner. These results will also enable the Company to upgrade the inferred resource of this mineralized body at the Rietberg Mine to the indicated and measured resource category. The Company will advise the market of this upgrade within the coming months. In addition to these drilling results, the Company also undertook a sampling campaign at Wheal Julia after the loose rock from this site was cleared as part of rehabilitation obligations. Board Change • Apr 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Quinton Adams was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.