Announcement • May 07
Diablo Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3.5 million. Diablo Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 58,800,000
Price\Range: AUD 0.013
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 210,430,769
Price\Range: AUD 0.013
Transaction Features: Subsequent Direct Listing New Risk • Mar 12
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$2.1m 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$2.1m free cash flow). Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.48m market cap, or US$3.20m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Announcement • Oct 15
Diablo Resources Limited, Annual General Meeting, Nov 13, 2025 Diablo Resources Limited, Annual General Meeting, Nov 13, 2025. Location: at level 2, 10 outram street, west perth wa 6005 Australia Announcement • Oct 03
Diablo Resources Limited has completed a Follow-on Equity Offering. Diablo Resources Limited has completed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: Subsequent Direct Listing Announcement • Oct 02
Diablo Resources Limited (ASX:DBO) acquired Star Range Silver-Antimony Project in southwestern Utah, USA. Diablo Resources Limited (ASX:DBO) acquired Star Range Silver-Antimony Project in southwestern Utah, USA on October 1, 2025. Diablo Resources Limited has successfully completed a $2.0 million capital raise to fund the acquisition and exploration of the Star Range Silver-Antimony Project.
Diablo Resources Limited (ASX:DBO) completed the acquisition of Star Range Silver-Antimony Project in southwestern Utah, USA on October 1, 2025. New Risk • Sep 21
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 (23% average weekly change). Earnings have declined by 61% per year over the past 5 years. Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$6.01m market cap, or US$3.96m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Significant insider selling over the past 3 months (AU$130k sold). Announcement • Jul 11
Diablo Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.396 million. Diablo Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.396 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 33,000,000
Price\Range: AUD 0.012
Discount Per Security: AUD 0.00072
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • May 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% 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 (17% average weekly change). Earnings have declined by 61% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$1.89m market cap, or US$1.22m). Announcement • Apr 23
Diablo Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5768 million. Diablo Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5768 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,750,000
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,294,445
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Apr 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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 Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 61% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$1.93m market cap, or US$1.24m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Announcement • Feb 18
Diablo Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5768 million. Diablo Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5768 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,750,000
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,294,442
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Transaction Features: Subsequent Direct Listing Board Change • Jan 14
Less than half of directors are independent 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. 1 independent director (2 non-independent directors). Independent Non Executive Director Greg Smith was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Oct 30
Diablo Resources Limited, Annual General Meeting, Nov 28, 2024 Diablo Resources Limited, Annual General Meeting, Nov 28, 2024. Location: at the offices of the company, level 2, 10 outram street, west perth, western australia., Australia New Risk • Sep 23
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 Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$1.65m market cap, or US$1.12m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (38% increase in shares outstanding). New Risk • Apr 09
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 18% 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 (-AU$3.0m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$1.86m market cap, or US$1.23m). Minor Risk Shareholders have been diluted in the past year (38% increase in shares outstanding). New Risk • Mar 08
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$3.0m 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$3.0m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (AU$2.27m market cap, or US$1.50m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (38% increase in shares outstanding). New Risk • Feb 17
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 Australian stocks, typically moving 12% 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 Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$4.02m market cap, or US$2.63m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (38% increase in shares outstanding). Announcement • Nov 15
Diablo Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. Diablo Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,142,857
Price\Range: AUD 0.035
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,428,571
Price\Range: AUD 0.035
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Oct 07
Diablo Resources Limited, Annual General Meeting, Nov 07, 2023 Diablo Resources Limited, Annual General Meeting, Nov 07, 2023, at 10:00 W. Australia Standard Time. Location: Level 2, 10 Outram Street West Perth Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider the adoption of the Remuneration Report; to consider re-election of director- Mr. Barnaby Egerton-Warburton; to consider ratification of prior issue of Tranche 1 Placement Shares; to consider approval to issue trance 2 placement shares; and to consider other matters. New Risk • Oct 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% 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 Revenue is less than US$1m. Market cap is less than US$10m (AU$3.60m market cap, or US$2.29m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). New Risk • Aug 24
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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.2m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (AU$3.65m market cap, or US$2.35m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Board Change • Nov 16
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 Greg Smith 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. Announcement • Oct 12
Diablo Resources Limited Announces Highly Encouraging Results - Devils Canyon & Western Desert Diablo Resources Ltd. provided an exploration update for its 100% owned gold-copper projects in the USA. Detailed geological mapping of Devils Canyon completed, outlining structural targets for follow-up. Geochemical sampling completed, including rock sampling and orientation soil sampling. Further shallow pits and old workings located associated with altered sediments and intrusives. Anomalous channel samples over 3m widths to 1 g/t Au, 1.1% Cu and 3.3% Zn. Rock samples from previously unsampled areas return 12.9% Cu, 271 g/t Ag and 1.3 g/t Au on eastern side of project area. At Southside, rock samples returned Au to 3.1 g/t and Cu to 3.3% associated with altered sediment and skarn. Soil sampling outlines Au-Cu-Ag anomaly at Southside over 500m, open along strike. Regional sampling to commence shortly. Provisional approval by BLM received for drilling at the project, subject to site visit planned for October. Geochemical sampling completed at A3N Prospect defines a gold anomaly with corresponding Carlin-style pathfinder geochemical signature associated with newly identified structural target (Splay Zone) at A3N. Detailed mapping of priority areas including A3N and A3 within the project completed, with prospective target areas identified. Drilling at Lone Pine Project is delayed due to large wildfire which has impacted the project with all access currently closed by authorities. The Company is monitoring the situation and will follow advice from the relevant authorities. Prior to the road closure drill pads were completed for the planned holes on the Lone Pine vein zone. Archaeological survey report pertaining to the King Solomon drill program submitted to USFS for review. Diablo Resources Ltd. (Diablo or the Company) provides the following exploration update for its three 100% owned projects in the Western USA. Detailed geological mapping over the project area by an experienced independent consultant geologist has been completed. The mapping aimed to identify key structural and alteration zones within the project areas as well as defining areas amenable to soil sampling. An orientation soil program was completed over the Southside area to assess the effectiveness of soil sampling in an area where shallow prospecting pits were located. A total of 44 samples were collected on a 100m x 100m and 100m x 50m grid spacing. The results have identified a Au-Cu-Ag geochemical signature associated with magnetic highs close to the intrusive-limestone contact interpreted to be skarn-style mineralisation. The results are considered very positive and further sampling across the project in areas amenable to this method will commence shortly. Board Change • Apr 27
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 Greg Smith 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. Announcement • Dec 09
Diablo Resources Commences Drilling at the Western Desert Diablo Resources Limited has commenced drilling at the Western Desert Project in Utah, targeting near surface gold-copper-silver mineralisation. Drilling to be the first modern exploration to have been completed at Western Desert despite the presence of widespread mineralised outcrop. Drilling expected to take 3-4 months to complete. Announcement • Nov 22
Diablo Resources Ltd Announces Exploration Update - Drilling Imminent At US Project Diablo Resources Ltd. updated the market on exploration activities at its three USA Projects, located in some of the most prospective gold and base-metal regions globally. Highlights: Western Desert Project: Drill planning and logistics finalised for 2,000m drill program at Western Desert Copper-Gold Project. Drill contract has been awarded to Elko, Nevada based Titan Drilling, with drilling to commence immediately following final BLM approval. Drilling to be the first modern exploration to have been completed at Western Desert despite the presence of widespread mineralised outcrop. Drilling expected to take 3-4 months to complete. Devils Canyon Project: Devils Canyon maiden drill program finalised and permit application submitted to the BLM. Lone Pine Project: Lone Pine drone magnetic survey completed with interpretation identifying further targets. Archaeological survey commissioned at Lone Pine as part of the drill permitting process. Recent Insider Transactions • Oct 23
Insider recently bought AU$135k worth of stock On the 20th of October, Mitchell Atkins bought around 823k shares on-market at roughly AU$0.16 per share. 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. Board Change • Oct 12
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. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
