Announcement • Apr 16
Taiton Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.249337 million. Taiton Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.249337 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,847,666
Price\Range: AUD 0.07
Transaction Features: Subsequent Direct Listing New Risk • Jan 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% 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 Shares are highly illiquid. Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m (AU$33k revenue, or US$22k). Market cap is less than US$10m (AU$11.5m market cap, or US$7.71m). Board Change • Jan 08
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. Executive Technical Director & Director Shane Tomlinson was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 02
Taiton Resources Limited Announces Board Changes, Effective December 31, 2025 Taiton Resources Limited announced the appointment of Mr. Shane Alexander Tomlinson to the Board of Directors of the Company, effective December 31, 2025. Shane has been the exploration manager of the Company since April 2023 and now as an Executive Technical Director, entered into a new Executive Service Agreement with the Company. Shane Tomlinson is a geologist with over 30 years’ experience from greenfields exploration through to resource definition, feasibility studies and mining geology, covering underground and open pit operations throughout Australia and West Africa. Mr. Tomlinson holds a BSc in Mineral Exploration and Mining Geology from the Western Australia School of Mines (WASM) and a Master of Ore Deposit Geology from the University of Western Australia. Mr. Tomlinson has worked in a wide range of mineralisation styles and commodities including precious, base metals, bulk, industrial and battery metals. He is a Member of the Australian Institute of Geoscientists (AIG) and is a Competent Person for multiple mineral commodities and mineralisation styles. Taiton also announced the resignation of Mr. Noel Ong as director of the Company, effective December 31, 2025. Noel has been an Executive Director of the Company since December 2021 prior to the Company’s initial public listing in December 2022 before resigning his executive position in April 2025. New Risk • Dec 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% 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 Shares are highly illiquid. Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (AU$33k revenue, or US$22k). Market cap is less than US$10m (AU$8.19m market cap, or US$5.43m). Board Change • Nov 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. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Noel Ong was the last 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: Lack of independent directors. Insufficient board refreshment. New Risk • Oct 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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 33% per year over the past 5 years. Revenue is less than US$1m (AU$33k revenue, or US$21k). Market cap is less than US$10m (AU$9.66m market cap, or US$6.25m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Oct 13
Taiton Resources Limited, Annual General Meeting, Nov 26, 2025 Taiton Resources Limited, Annual General Meeting, Nov 26, 2025. Announcement • Oct 04
Taiton Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.70528 million. Taiton Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.70528 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,348,000
Price\Range: AUD 0.06
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,060,000
Price\Range: AUD 0.06
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,680,000
Price\Range: AUD 0.06
Transaction Features: Subsequent Direct Listing 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 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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.6m free cash flow). Shares are highly illiquid. Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.21m market cap, or US$3.43m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Board Change • Sep 25
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. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Noel Ong was the last 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: Lack of independent directors. Insufficient board refreshment. Board Change • Aug 08
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. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Noel Ong was the last 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: Lack of independent directors. Insufficient board refreshment. Board Change • Jul 01
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. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Noel Ong was the last 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: Lack of independent directors. Insufficient board refreshment. Board Change • May 30
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. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Noel Ong was the last 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: Lack of independent directors. Insufficient board refreshment. New Risk • Mar 15
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$2.6m 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$2.6m free cash flow). Shares are highly illiquid. Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$7.82m market cap, or US$4.95m). Board Change • Feb 26
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. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Executive Director Noel Ong was the last 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: Lack of independent directors. Insufficient board refreshment. Announcement • Jan 02
Taiton Resources Limited Announces Resignation of Florence Drummond as Non-Executive Director The Board of Directors of Taiton Resources Limited announced that Ms. Florence Drummond has resigned as a Non- Executive Director of the Company with effect from 31st December 2024. Florence leaves the Company to devote her time to her other business activities. Announcement • Oct 10
Taiton Resources Limited, Annual General Meeting, Nov 28, 2024 Taiton Resources Limited, Annual General Meeting, Nov 28, 2024. Board Change • Apr 18
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. MD & Executive Director Noel Ong was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 16
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$3.6m 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$3.6m free cash flow). Earnings have declined by 22% per year over the past 5 years. Revenue is less than US$1m (AU$52k revenue, or US$34k). Market cap is less than US$10m (AU$6.21m market cap, or US$4.07m). Board Change • Oct 09
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. MD & Executive Director Noel Ong was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 06
Taiton Resources Limited, Annual General Meeting, Nov 24, 2023 Taiton Resources Limited, Annual General Meeting, Nov 24, 2023. Agenda: To consider Directors nomination. New Risk • Sep 28
New major risk - Revenue and earnings growth Earnings have declined by 7.4% 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 Risks Shares are highly illiquid. Earnings have declined by 7.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$13.5m market cap, or US$8.58m). Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. MD & Executive Director Noel Ong was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Executive Director David Low was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Dec 15
Taiton Resources Limited has completed an IPO in the amount of AUD 7.004 million. Taiton Resources Limited has completed an IPO in the amount of AUD 7.004 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,000,000
Price\Range: AUD 0.2
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,002
Price\Range: AUD 0.2