Announcement • Jan 06
New Murchison Gold Limited, Annual General Meeting, Feb 27, 2026 New Murchison Gold Limited, Annual General Meeting, Feb 27, 2026. Announcement • Jun 26
New Murchison Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 12 million. New Murchison Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 12 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 470,588,235
Price\Range: AUD 0.017
Discount Per Security: AUD 0.00102
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 235,294,118
Price\Range: AUD 0.017
Discount Per Security: AUD 0.00102
Transaction Features: Subsequent Direct Listing Announcement • Mar 20
New Murchison Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 16.5 million. New Murchison Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 16.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,269,230,769
Price\Range: AUD 0.013
Discount Per Security: AUD 0.00078
Transaction Features: Subsequent Direct Listing Board Change • Feb 04
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. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Chairman Rick Crabb was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 09
New Murchison Gold Limited, Annual General Meeting, Feb 28, 2025 New Murchison Gold Limited, Annual General Meeting, Feb 28, 2025. Location: at quest kings park, kings park room, level 1, 54 kings park road, west perth, western australia, Australia 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. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Chairman Rick Crabb was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 13
New Murchison Gold Limited Auditor Raises 'Going Concern' Doubt New Murchison Gold Limited filed its Annual on Dec 11, 2024 for the period ending Sep 30, 2024. In this report its auditor, Stantons International, gave an unqualified opinion expressing doubt that the company can continue as a going concern. New Risk • Jun 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 81% 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 (23% average weekly change). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Revenue is less than US$1m (AU$24k revenue, or US$16k). Minor Risk Market cap is less than US$100m (AU$32.1m market cap, or US$21.4m). Announcement • May 30
Ora Gold Limited has filed a Follow-on Equity Offering. Ora Gold Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,335,158,740
Transaction Features: Subsequent Direct Listing Announcement • Jan 10
Ora Gold Limited, Annual General Meeting, Feb 28, 2024 Ora Gold Limited, Annual General Meeting, Feb 28, 2024, at 10:30 W. Australia Standard Time. Location: Quest Kings Park, Kings Park Room, Level 1, 54 Kings Park Road, West Perth Western Australia Australia Reported Earnings • Dec 20
Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in FY 2022) Full year 2023 results: AU$0.001 loss per share (improved from AU$0.002 loss in FY 2022). Net loss: AU$2.16m (loss narrowed 6.7% from FY 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Announcement • Nov 04
Ora Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million. Ora Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 833,333,333
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00036
Transaction Features: Subsequent Direct Listing Announcement • Sep 27
Ora Gold Limited, Annual General Meeting, Oct 27, 2023 Ora Gold Limited, Annual General Meeting, Oct 27, 2023, at 10:00 W. Australia Standard Time. Location: Company's Board Room, Level 2, 5 Ord Street West Perth Australia Agenda: To consider and ratify the prior issues of placement shares as per the rules; to consider and ratify the prior issues of completion consideration shares and to consider other business matters. Announcement • Sep 23
Ora Gold Limited (ASX:OAU) completed the acquisition of Murchison Project of Sipa Exploration NL for AUD 1.4 million. Ora Gold Limited (ASX:OAU) entered into a binding agreement to acquire Murchison Project of Sipa Exploration NL for AUD 1.4 million on August 7, 2023. Under the terms, Ora Gold will pay AUD 0.6 million in cash and will issue 133 million shares as consideration of which 50% of cash payment and share consideration is payable on completion and the balance in 3 months after completion. Transaction is subject to obtaining all third-party approvals and consents (including any authorizations from any government agency) necessary. Settlement of the transaction is expected to be completed on or around August 31, 2023. The acquisition is highly complementary to Ora Gold’s advanced Garden Gully Project and is considered value accretive for shareholders. Ora Gold Limited (ASX:OAU) completed the acquisition of Murchison Project of Sipa Exploration NL on September 21, 2023. Announcement • Aug 08
Ora Gold Limited (ASX:OAU) entered into a binding agreement to acquire Murchison Project of Sipa Exploration NL for AUD 1.4 million. Ora Gold Limited (ASX:OAU) entered into a binding agreement to acquire Murchison Project of Sipa Exploration NL for AUD 1.4 million on August 7, 2023. Under the terms, Ora Gold will pay AUD 0.6 million in cash and will issue 133 million shares as consideration of which 50% of cash payment and share consideration is payable on completion and the balance in 3 months after completion. Transaction is subject to obtaining all third-party approvals and consents (including any authorizations from any government agency) necessary. Settlement of the transaction is expected to be completed on or around August 31, 2023. The acquisition is highly complementary to Ora Gold’s advanced Garden Gully Project and is considered value accretive for shareholders. Reported Earnings • Jun 11
First half 2023 earnings released: AU$0.06 loss per share (vs AU$0.001 loss in 1H 2022) First half 2023 results: AU$0.06 loss per share. Net loss: AU$876.1k (loss narrowed 23% from 1H 2022). Announcement • Jan 17
Ora Gold Limited Announces Further High-Grade Results from the Remaining Assays of the Latest Drilling Program At the Crown Prince Gold Prospect Ora Gold Limited announced further high-grade results from the remaining assays of the latest drilling program at the Crown Prince Gold Prospect (M51/886).The drill holes were designed to test for potential extensions to mineralised zones along strike of known mineralisation to the north-west and south-east.The Crown Prince Prospect is a high-grade gold deposit within Ora Gold's Garden Gully Project. Mineralisation at Garden Gully is controlled by gold bearing structures located in geologically favourable settings within the Archean-age Abbots greenstone belt. At Crown Prince, where mineralisation is hosted in steeply south dipping gold lodes, these new drill results extend the known mineralisation along strike to the west and east. Crown Prince is located 22 kilometres north-west of Meekatharra in Western Australia via the Great Northern Highway and the Mt Clere Road. The Crown Prince deposit is a structurally controlled, orogenic type and is hosted by more competent doleritic rocks above a strongly deformed and ductile ultramafic package and as stockwork veins along the contacts of intercalated black shale units. Some gold mineralisation occurs in the near surface indurated and saprolitic layers in the lateritic profile as supergene mineralisation. Importantly, in fresh rock, gold mineralisation occurs in quartz veins hosted by chloritized, carbonated and strongly sheared meta-basalt, dolerite, black shale units and quartz porphyry, showing strong sericite-carbonate alteration in the vicinity of the quartz veins. Locally, mineralisation at Crown Prince is hosted within WNW - ESE striking (steep southerly dip) quartz rich lodes. These lodes are offset by N-S to NNE trending shears, which are interpreted to have a near vertical dip or to dip steeply to the west. Movement along the shears is dextral, displacing mineralisation with offsets of around 100 metres. This pattern of offset lodes was not previously recognised and substantially opens up the potential for new discoveries along strike of known mineralization. South-eastern extension of the mineralization- another significant gold lode was intersected in OGGAC457 hole approximately 40m east/north-east of OGGAC456 which previously returned 17m @ 15.75g/t Au from 30m, incl. 6m @ 38.06g/t Au from 41m. This new lode (CVX) displays some distinct characteristics and has returned 23m @ 8.5g/t Au from 22m, including 17m @ 10.73g/t Au from 28m (Figure 2). Several samples have been submitted for petrographic and mineragraphic analyses. These are the best two drill intercepts identified to date at Crown Prince Prospect. The main shear in this area shows dextral movement off-setting the main ore body by approximately 100m to the south-west. Interesting to notice that OGGAC453 which has targeted a SAM (sub-audio magnetics) conductor,has intersected a wide interval of low-grade gold with a distinctive sheared zone of 6m @ 1.4g/t Au from 40m. The last hole OGGAC558 which was abandoned in mineralization at 55m has returned 1m @ 2.60g/t Au within 54-55m interval. Announcement • Jan 09
Ora Gold Limited, Annual General Meeting, Feb 24, 2023 Ora Gold Limited, Annual General Meeting, Feb 24, 2023, at 10:30 W. Australia Standard Time. Location: Room, Level 1, Trinity on Hamden 230 Hampden Road Crawley Western Australia Australia Reported Earnings • Dec 21
Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in FY 2021) Full year 2022 results: AU$0.002 loss per share (improved from AU$0.003 loss in FY 2021). Net loss: AU$2.31m (loss narrowed 3.8% from FY 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Board Change • Nov 16
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. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Chairman Rick Crabb was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 17
First half 2022 earnings released First half 2022 results: Net income: (up AU$1.37m from 1H 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Chairman Rick Crabb was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Dec 19
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: AU$0.003 loss per share (up from AU$0.004 loss in FY 2020). Net loss: AU$2.40m (loss narrowed 15% from FY 2020). Revenue missed analyst estimates by 9.6%. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Jul 28
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 Chairman Rick Crabb was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 13
First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2020) First half 2021 results: Net loss: AU$1.37m (loss narrowed 9.8% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 24
Full year 2020 earnings released: AU$0.004 loss per share Full year 2020 results: Net loss: AU$2.82m (loss narrowed 14% from FY 2019). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.