Board Change • May 20
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. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Paul Schmiede was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
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. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Paul Schmiede was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 17
Culpeo Minerals Limited, Annual General Meeting, May 07, 2026 Culpeo Minerals Limited, Annual General Meeting, May 07, 2026. Location: 31-33 cliff street, fremantle wa 6160 Australia Announcement • Feb 04
Culpeo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Culpeo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 130,165,483
Price\Range: AUD 0.011
Discount Per Security: AUD 0.00066
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 142,561,790
Price\Range: AUD 0.011
Discount Per Security: AUD 0.00066
Transaction Features: Subsequent Direct Listing New Risk • Jan 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 Australian stocks, typically moving 19% 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 (19% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (196% increase in shares outstanding). Revenue is less than US$1m (AU$11k revenue, or US$7.2k). Market cap is less than US$10m (AU$12.4m market cap, or US$8.28m). Board Change • Dec 24
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. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Paul Schmiede was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 18
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. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Paul Schmiede was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 11
Culpeo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.035 million. Culpeo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.035 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 249,209,445
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 54,290,555
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Jul 03
Culpeo Minerals Limited Announces Appointment of Michaela Stanton-Cook as Joint Company Secretary Culpeo Minerals Limited advised that Ms. Michaela Stanton-Cook has been appointed as Joint Company Secretary of the Company. Ms. Stanton-Cook is a Chartered Secretary with national governance service provider, Source Governance, and is experienced in providing company secretarial and corporate advisory services to ASX listed and private companies across various industries. Michaela is a qualified lawyer and member of the Governance Institute of Australia. Announcement • May 09
Culpeo Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.025 million. Culpeo Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.025 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 248,209,445
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 54,290,555
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
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. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Paul Schmiede was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 29
Culpeo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.15 million. Culpeo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 38,250,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,500,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Transaction Features: Subsequent Direct Listing Announcement • Aug 26
Culpeo Minerals Limited, Annual General Meeting, Oct 16, 2024 Culpeo Minerals Limited, Annual General Meeting, Oct 16, 2024. Location: at 31-33 cliff street, fremantle wa 6160., Australia Board Change • May 01
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. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Paul Schmiede was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 01
Culpeo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.70989 million. Culpeo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.70989 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 28,498,163
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Feb 08
Culpeo Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.70989 million. Culpeo Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.70989 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 28,498,163
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Nov 20
Culpeo Minerals Limited Announces Change of Chief Financial Officer Culpeo Minerals Limited advised the appointment of Graeme Morissey as Chief Financial Officer of the Company, effective 20 NOVEMBER 2023, following the resignation of Ms Pennee Osmond. Mr. Morissey has held Director-level roles in the audit divisions of global accounting firms EY, KPMG and Grant Thornton. He has over 15 years' direct experience in servicing clients within the mining exploration and development sector. This includes specific expertise extending across compliance with the Australian Securities Exchange (ASX), the Australian Accounting Standards Board, the Corporations Act 2001 (Cth) and Department of Mines regulation. Mr. Morissey has also consulted directly to CFOs within the Australian mining sector, which has included services to assist management to optimise internal reporting processes, cash management and cashflow forecasting. His clients have included gold production companiesWestgold and Ora Banda. Mr. Morissey is a Chartered Accountant (CA), a Fellow of the Governance Institute of Australia (FGIA) and a member of the Australian Institute of Company Directors (MAICD). He holds a Bachelor of Commerce from McMaster University in Canada. Announcement • Nov 02
Culpeo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.231 million. Culpeo Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.231 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 19,376,962
Price\Range: AUD 0.032
Discount Per Security: AUD 0.00192
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,343,750
Price\Range: AUD 0.032
Discount Per Security: AUD 0.00192
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,748,038
Price\Range: AUD 0.032
Discount Per Security: AUD 0.00192
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Sep 21
Culpeo Minerals Limited, Annual General Meeting, Nov 09, 2023 Culpeo Minerals Limited, Annual General Meeting, Nov 09, 2023, at 10:00 W. Australia Standard Time. New Risk • Sep 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 67% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$5.1m free cash flow). Shares are highly illiquid. Earnings have declined by 44% per year over the past 5 years. Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Revenue is less than US$1m (AU$3.6k revenue, or US$2.3k). Market cap is less than US$10m (AU$3.49m market cap, or US$2.24m). Announcement • Feb 08
Culpeo Minerals Limited Announces High Impact Litho-Geochemical Sampling Program Has Been Initiated at the Expanded Lana Corina Copper-Molybdenum Project in Chile Culpeo Minerals Limited announced that a high impact litho-geochemical sampling program has been initiated at the expanded Lana Corina Copper-Molybdenum Project (the "Project") in Chile. This work is designed to identify highly prospective, copper bearing, surface breccia, alteration, geochemical and structural targets for drill testing. Litho-Geochemical Sampling Program: The litho-geochemical sampling program will cover the >3km prospectivity corridor identified at Lana Corina in areas that have not been previously sampled, and will provide valuable data on the underlying geology, as well as the potential for copper and molybdenum mineralisation. In these areas particularly, the integration of broad spaced soil sampling multi-element geochemistry with results from the ground magnetic survey will be critical for identifying target areas for drilling. Samples will be taken on a 50 x 100m grid consisting of approximately 260 samples. The samples will be analysed for a suite of 50 elements. Results are expected to be received in 4 to 6 weeks. Multi-element pathfinder geochemistry will be utilized to characterise the regional targets identified and assist target generation for the next phase of drilling at the Project. Lana Corina Copper-Molybdenum Project: Lana Corina is located in the coastal belt, Coquimbo region of Chile, approximately 350km north of Santiago. The Project area is close to existing infrastructure with good road access and a high voltage power line approximately 7km to the east. The project is in a prolific copper belt hosting multiple major deposits including Los Pelambres (6.1Bt @ 0.51% Cu, 0.016% Mo and 0.06g/t Au3), Andacollo (250 Mt @ 0.62% Cu and 0.25g/t Au4) and El Espino (123Mt @ 0.66% Cu and 0.24g/t Au5). Lana Corina is associated within a structural zone oriented in a northeast-southwest direction with >3km of strike and up to 400m width. High grade copper mineralisation at Lana Corina is associated with four known breccia pipes occurring in the upper levels of a large copper bearing porphyry hosted mineralised system. The high-grade mineralisation identified to date outcrops at surface and extends to a vertical depth of >700m. Recently completed drilling at the project has returned significant intersections that include a high-grade Molybdenum zone: 104m @ 0.74% Cu & 73ppm Mo (0.81% CuEq) in CMLCD001 from 155m4; 257m @ 0.95% Cu & 81ppm Mo (1.10% CuEq) in CMLCD002 from 170m5; 173m @ 1.05% Cu & 50ppm Mo (1.09% CuEq) in CMLCD003 from 313m6; 81m @ 1.06% Cu & 145ppm Mo (1.16% CuEq) in CMLCD005 from 302.1m; 113m @ 0.60% Cu & 122ppm Mo (0.68% CuEq) in CMLCD009 from 331m; 169m @ 1.08% Cu and 225ppm Mo (1.21% CuEq) in CMLCD010 from 239m and 72m @ 0.85% Cu and 25ppm Mo (0.91% CuEq) in CMLCD013 from 352m10 with, High-grade molybdenum zone confirmed at depth and extended 700m down plunge: 35m @ 1,704ppm Mo (0.84% CuEq) (570-605m), including: 4m @ 8,845ppm Mo (3.48% CuEq) (589-593m); and 1m@ 15,000ppm Mo (6.09% CuEq) (591-592m). Prospectivity modelling has identified multiple target areas in the north-east sector of the Lana Corina Project area extending the potential mineralised corridor to >3km strike length. This work indicates significant regional potential for further copper discoveries and provides the Company with a pipeline of high priority drill targets similar in size to the Lana Corina copper mineralised zone where drilling has been focused to date. In addition, mapping of the north-west sector has identified significant surface mineralisation and historic small scale mine workings where geochemical sampling is now underway. The excellent results of Culpeo's drilling programs and prospectivity modeling continue to strongly support the Company's exploration model of a substantial fertile magma chamber driving the near surface high-grade mineralisation. Announcement • Jan 17
Culpeo Minerals Limited Confirms Significant New Copper and Molybdenum Drill Results At Its Lana Corina Project Culpeo Minerals Limited confirmed significant new copper and molybdenum drill results at its Lana Corina Project (the "Project") in Chile. Prospectivity modelling has identified multiple target areas in the north-east sector of the Lana Corina Project area extending the potential mineralised corridor to >3km strike length. This work indicates significant regional potential for further copper discoveries and provides the Company with a pipeline of high priority drill targets similar in size to the Lana Corina copper mineralised zone where drilling has been focused to date. In addition, mapping of the north-west sector has identified significant surface mineralisation and historic small scale mine workings and follow up geochemical sampling is now being planned. Four holes of the Phase 2 drilling program at the Lana Corina Project have now been completed and assay results have been received for CMLCD011, CMLCD012 and CMLCD013. Significant downhole intersections include: These results complement the exceptional result returned from the first hole of the drilling program (CMLCD010) where a significant high-grade intersection of 169m @ 1.08% Cu and 225ppm Mo (1.21% CuEq) was returned from 239m downhole, refer ASX announcement 23rd November 2022. Hole CMLCD013 was drilled from north-east to southwest targeting extensions to the north and also at depth. Multiple zones of mineralisation >0.20% CuEq were returned, including 72m @ 0.91% CuEq from 352m, and significantly the hole has extended mineralisation which remains open to the north and at depth. Hole CMLCD013 has encountered a mineralised porphyry deeper in the system suggesting a much larger exploration target may exist. The high-grade molybdenum mineralisation previously encountered in CMLCD003 was also intersected in the recent drilling and returned an encouraging downhole interval of 35m @ 1,704ppm Mo (0.84% CuEq) (570-605m). Within this zone a 4 metre wide zone of exceptionally high-grade molybdenum mineralisation was intersected where assays results returned grades of over 15,000ppm Mo (6.09% CuEq) (591-592m). CMLCD011 was drilled 100m south of the main Lana Corina mineralised system and assay results returned 100m @ 0.38% CuEq (334-434m) which is coincident with the recently identified T10 geophysical anomaly and in an area where historic drilling had intersected 207m @ 0.41% Cu and 124ppm Mo (0.46% CuEq) in drillhole LCD-13. 