Board Change • May 20
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 Michele Bina was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 06
Golden Mile Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.73 million. Golden Mile Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.73 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 116,666,667
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00036
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00036
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Dec 31
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 Michele Bina was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 03
Golden Mile Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.510823 million. Golden Mile Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.510823 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 81,637,178
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00036
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,500,000
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00036
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Sep 29
Golden Mile Resources Limited, Annual General Meeting, Nov 25, 2025 Golden Mile Resources Limited, Annual General Meeting, Nov 25, 2025. Announcement • Aug 22
Golden Mile Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.510823 million. Golden Mile Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.510823 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 81,637,178
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00036
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,500,000
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00036
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Feb 27
Golden Mile Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.48025 million. Golden Mile Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.48025 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,900,000
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: 29,125,000
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: 2,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Jan 23
Golden Mile Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million. Golden Mile Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 61,600,000
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: 16,000,000
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: 7,400,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing 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. 4 non-independent directors. Non-Executive Director Michele Bina was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 26
Golden Mile Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.48025 million. Golden Mile Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.48025 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 48,025,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Subsequent Direct Listing Announcement • Oct 02
Golden Mile Resources Limited, Annual General Meeting, Nov 29, 2024 Golden Mile Resources Limited, Annual General Meeting, Nov 29, 2024. 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 Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m (AU$12k revenue, or US$8.3k). Market cap is less than US$10m (AU$4.93m market cap, or US$3.42m). 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 (25% increase in shares outstanding). New Risk • Aug 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 Australian stocks, typically moving 17% 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 (17% average weekly change). Revenue is less than US$1m (AU$12k revenue, or US$8.0k). Market cap is less than US$10m (AU$4.11m market cap, or US$2.73m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Apr 05
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 17% 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 (17% average weekly change). Shareholders have been substantially diluted in the past year (101% increase in shares outstanding). Revenue is less than US$1m (AU$12k revenue, or US$7.9k). Market cap is less than US$10m (AU$4.93m market cap, or US$3.25m). Announcement • Feb 12
Golden Mile Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.063834 million. Golden Mile Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.063834 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 81,833,348
Price\Range: AUD 0.013
Transaction Features: Subsequent Direct Listing Announcement • Feb 07
Golden Mile Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.063834 million. Golden Mile Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.063834 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 81,833,348
Price\Range: AUD 0.013
Transaction Features: Subsequent Direct Listing Announcement • Jan 15
Golden Mile Resources Limited Announces Change of Company Secretary Golden Mile Resources Limited announced that Ms Elizabeth Spooner of Automic Group has resigned as Company Secretary of the Company. Ms Spooner tendered her resignation from Automic Group and will be replaced by Mr. Jack Rosagro, effective immediately. The Board wishes to thank Ms Spooner for her services to the Company. Jack Rosagro is Chartered Company Secretary, a Fellow of Governance Institute of Australia, and holds a Bachelor of Commerce majoring in Finance. He has 18 years' experience in capital markets, share registry, and governance. He is currently the company secretary for several listed and unlisted public companies across a range of industries, including mineral exploration, technology and biotechnology. For the purpose of ASX Listing Rule 12.6, Mr. Jack Rosagro will be the person responsible for communications between the Company and ASX. New Risk • Dec 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 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$2.5m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 0.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m (AU$8.9k revenue, or US$5.8k). Market cap is less than US$10m (AU$6.92m market cap, or US$4.54m). Announcement • Oct 26
Golden Mile Resources Limited, Annual General Meeting, Nov 30, 2023 Golden Mile Resources Limited, Annual General Meeting, Nov 30, 2023, at 12:00 W. Australia Standard Time. Location: Automic Offices at Level 5, 191 St Georges Terrace Perth Western Australia Australia Agenda: To 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 re-election of Grant Button as Director; to consider approval of Future Issue of Securities; to consider approval of Issue of Shares to Sophisticated Investors; to consider replacement of Constitution; and to consider any other matter thereof. Announcement • Oct 12
Golden Mile Resources Limited Announces Change of Company Secretary Golden Mile Resources Limited announced that Ms. Nova Taylor of Automic Group has resigned as Company Secretary of the Company. Ms. Taylor tendered her resignation from Automic Group and will be replaced by Ms. Elizabeth Spooner, effective immediately. Elizabeth Spooner is a lawyer and qualified governance professional and Associate of the Governance Institute of Australia (GIA), who holds a Juris Doctor degree from the Australian National University, a Bachelor of Business Administration, and a Graduate Diploma of Applied Corporate Governance from the Governance Institute. She is an experienced governance and compliance professional who works closely with several boards of both listed and unlisted public companies across a range of industries, including pharmaceuticals, biotechnology and life sciences, healthcare, materials, and capital goods. For the purpose of ASX Listing Rule 12.6, Ms. Elizabeth Spooner will be the person responsible for communications between the Company and ASX. New Risk • Jul 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 62% 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$2.3m free cash flow). Share price has been highly volatile over the past 3 months (43% average weekly change). Earnings have declined by 6.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$18.8m market cap, or US$12.6m). Announcement • Jun 13
Golden Mile Resources Limited Appoints Damon Dormer as Managing Director Golden Mile Resources Limited announced that the Company's current Chief Executive Officer Mr. Damon Dormer has been appointed to the role of Managing Director. His experience in project development is invaluable for leading Quicksilver nickel-cobalt project through the technical workflows and, results pending, into formal studies. He has With the growing project portfolio requirements Jordan Luckett will move into the Technical Director s role and lead the geological management and advancement of the portfolio, including the Quicksilver project, and the highly prospective Yuinmery project. A Mining Engineer with over 26 years of experience inclusive of 15 years mine management and executive roles, Damon has worked in studies, projects, operations and innovation across Australia, USA, Papua New Guinea and Africa. Damon has had considerable success turning around mining projects and studies resulting in the construction of multiple mines in Africa as well as significant operational success in Australia. He has also been heavily involved in mining innovation and has personally developed techniques and strategies for the mining industry. Damon holds a Bachelor of Engineering in Mining from the Western Australian School of Mines and has held numerous statutory appointments across the African and Australasian regions. Announcement • Jan 19
Golden Mile Resources Limited Announces REE Mineralisation at Quicksilver Ni-Co Project Golden Mile Resources Limited advised that assay results have confirmed Rare Earth Element mineralisation at its 100% owned Quicksilver clay hosted Nickel-Cobalt Project. Golden Mile previously reported that a review identified the potential for the Quicksilver Nickel-Cobalt Project to contain REE mineralisation and submitted 29 1m pulp samples held in storage for assay. The Company has now received these results confirming there is significant REE mineralisation potential at the Project. These positive results allow the Company to investigate the potential for REE by-products to be incorporated into the process flowsheet which is currently being developed for nickel, cobalt,chromium, iron, and industrial minerals at Quicksilver. The next investigation will determine how much of the REE mineralisation is ionic, that is the amount of REE that is loosely bound to the clay host that can be liberated using low-cost methods typical for this style of mineralisation. If this investigation demonstrates there is a significant component of ionic REE mineralisation, then REE by-product potential can be assessed and incorporated into the process flowsheet if warranted. Golden Mile can differentiate itself from most other REE explorers in that the Quicksilver project is a multi-commodity deposit with nickel and cobalt as the current main economic drivers followingexcellent Stage 2 metallurgical results last year which demonstrated a potential pathway to production. This means that if the REE mineralisation is viable it will be in addition to these commodities which will be a significant economic benefit when compared to an REE only project. Furthermore, the cost and time of ongoing investigations into the viability of the REE mineralisation can also be significantly reduced because there is existing resource drilling which can be re-assayed for REO. Also, any metallurgical testwork and subsequent flowsheet design can be incorporated into the Stage 3 metallurgical testwork scheduled to commence late next month. Board Change • Nov 22
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 Chairman Rhod John Grivas was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 28
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 Chairman Rhod John Grivas was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
