Announcement • Jul 21
Minbos Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million. Minbos Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 174,275,639
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 92,391,028
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • May 01
Minbos Resources Limited, Annual General Meeting, May 29, 2026 Minbos Resources Limited, Annual General Meeting, May 29, 2026. Location: at level 5, 191 st georges terrace, perth wa 6000 Australia Announcement • Mar 11
Minbos Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.364489 million. Minbos Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.364489 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 117,864,951
Price\Range: AUD 0.026
Discount Per Security: AUD 0.00156
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,538,462
Price\Range: AUD 0.026
Discount Per Security: AUD 0.00156
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Jan 02
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 14% 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 Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m (AU$101k revenue, or US$67k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$27.3m market cap, or US$18.3m). Announcement • Dec 23
Minbos Resources Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 1 million. Minbos Resources Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 38,461,538
Price\Range: AUD 0.026
Security Features: Attached Options Announcement • Apr 09
Minbos Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4.4 million. Minbos Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 57,857,142
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0042
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0042
Transaction Features: Subsequent Direct Listing Announcement • Dec 18
Minbos Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.4 million. Minbos Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 57,857,142
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0042
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0042
Transaction Features: Subsequent Direct Listing Announcement • Dec 04
Minbos Resources Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 15.04 million. Minbos Resources Limited has withdrawn its Follow-on Equity Offering in the amount of AUD 15.04 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 188,000,000
Price\Range: AUD 0.08
Transaction Features: Subsequent Direct Listing Announcement • Aug 12
Minbos Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 15.04 million. Minbos Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 15.04 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 188,000,000
Price\Range: AUD 0.08
Transaction Features: Subsequent Direct Listing Announcement • May 03
Minbos Resources Limited, Annual General Meeting, May 31, 2024 Minbos Resources Limited, Annual General Meeting, May 31, 2024, at 14:00 W. Australia Standard Time. Location: Level 5, 191 St Georges Terrace Perth Australia Agenda: To consider adoption of remuneration report; to consider election of directors; and to consider approval of 7.1A mandate. New Risk • Apr 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% 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 Earnings have declined by 5.5% per year over the past 5 years. Revenue is less than US$1m (AU$5.0 revenue, or US$3.0). Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (AU$55.4m market cap, or US$35.6m). Announcement • Apr 16
Minbos Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 6.1 million. Minbos Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 6.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 74,285,714
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0042
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,857,143
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0042
Transaction Features: Subsequent Direct Listing Announcement • Dec 18
Minbos Resources Limited Appoints Changbo (Frank) Si as Director, Effective 14 December 2023 Minbos Resources Limited announced appointed Mr. Changbo (Frank) Si as Director, effective 14 December 2023. New Risk • Oct 18
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 Risk Revenue is less than US$1m (AU$96k revenue, or US$61k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (AU$79.1m market cap, or US$50.4m). Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.011 loss in FY 2021) Full year 2022 results: AU$0.002 loss per share (improved from AU$0.011 loss in FY 2021). Net loss: AU$804.6k (loss narrowed 81% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 70% per year, which means it is well ahead of earnings. Board Change • Jul 16
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. Independent Non-Executive Director Valentine Chitalu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
