Board Change • May 20
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. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 01
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. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 24
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. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Sep 29
Citigold Corporation Limited, Annual General Meeting, Nov 19, 2025 Citigold Corporation Limited, Annual General Meeting, Nov 19, 2025. Board Change • Aug 18
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. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Oct 01
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$1.4m 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$1.4m free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Earnings have declined by 5.9% per year over the past 5 years. Revenue is less than US$1m (AU$46k revenue, or US$32k). Minor Risks Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Market cap is less than US$100m (AU$15.0m market cap, or US$10.4m). Tillkännagivande • Sep 30
Citigold Corporation Limited, Annual General Meeting, Nov 21, 2024 Citigold Corporation Limited, Annual General Meeting, Nov 21, 2024. 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 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 (31% average weekly change). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m (AU$46k revenue, or US$32k). Market cap is less than US$10m (AU$9.00m market cap, or US$6.22m). 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 (4.4% increase in shares outstanding). New Risk • Jan 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.9% 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 Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$15.0m market cap, or US$9.90m). Minor Risk Shareholders have been diluted in the past year (5.9% increase in shares outstanding). Tillkännagivande • Jan 18
Citigold Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 0.694875 million. Citigold Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 0.694875 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 126,340,909
Price\Range: AUD 0.0055
Transaction Features: Subsequent Direct Listing Tillkännagivande • Jan 17
Citigold Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 0.694875 million. Citigold Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 0.694875 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 126,340,909
Price\Range: AUD 0.0055
Transaction Features: Subsequent Direct Listing Tillkännagivande • Sep 26
Citigold Corporation Limited, Annual General Meeting, Nov 14, 2023 Citigold Corporation Limited, Annual General Meeting, Nov 14, 2023, at 13:00 E. Australia Standard Time. Tillkännagivande • Sep 19
Citigold Corporation Limited Provides Update on its Continuing Exploration Program Around Charters Towers in North Queensland Citigold Corporation Limited provided an update on its continuing exploration program around Charters Towers in north Queensland. Exploration over the last two years has returned to grass roots, taking a fresh look at revised three-dimensional modelling of the geological structures and fractures that have been shown to host mineralization. Initial sampling followed conventional processes of stream sediment and float sampling, following up anomalous drainage basins with rock chip, float and soil sampling to define the spread of metals across the weathering profile. Surface sampling has picked up new mineralised areas and confirmed demagnetised zones in rocks mapped as uniform or unaltered return low to medium grade gold and base metal values as gold is dispersed during weathering and groundwater transport. The mineralization is dispersed during weathering, low gold values (less than 1 g/t Au) are expected in soil, with anomalous samples regarded as those returning 0.1 g/t Au or higher. Rock chip sampling of outcrop or rock float samples (loose pieces detached from outcrop and dispersed by mechanical weathering processes) may return assay values higher than 1 g/t Au. Assay results continue to come in, with the latest batch of 167 rock outcrop, float and soil samples being returned. The program sampled areas across three Exploration Permits located about four kilometer's to the south of Charters Towers with 147 sites sampled and 20 repeat or duplicate samples taken at selected sites for quality control. Samples comprised 1-2 kg of rock chips from outcrop or float and unscreened soil samples if outcrop was absent. Sample site numbers were 770 to 916. The Company holds five Exploration Permits for Minerals (EPMs) surrounding Charters Towers, as shown below in Figure 2. Recent work has focused on three sub-blocks of EPMs 15964, 15966 and 18813 located four kilometres south of Charters Towers. Of the 167 samples taken, 21 samples contained detectable gold and of these, four were considered anomalous. The anomalous samples are on the margin of a demagnetised zone in rocks mapped as uniform Towers Hill Granite. The demagnetised zone strikes north-northeast for about two kilometres and is about 300m wide and hosts five previously-mapped gold occurrences. The sampling has outlined anomalous gold results coincident with a demagnetised zone that hosts previously-mapped gold occurrences and warrants further investigation. All the detectable gold samples are located in or marginal to the demagnetised zones. The demagnetised zones may indicate areas of the granite that have been altered by mineralising fluids, resulting in the oxidation of the magnetic mineral magnetite to the non-magnetic hematite, creating a demagnetised zone within the granite. The sampling program is ongoing with follow-up sampling of earlier stream sediment anomalies progressing to the southeast of Charters Towers and results will be reported in due course. Charters Towers Project Overview: Citigold is an Australian gold mining and exploration company, operating on the high-grade Charters Towers goldfield in north-east Australia, 1,000 kilometres north of Brisbane, Queensland, and 130 kilometres south-west by sealed highway from the major coastal port of Townsville. The Company continues to advance its core activities including mine design and engineering, broad regional exploration programs, and working towards restarting its world-class gold mine. New Risk • Sep 17
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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.8m free cash flow). Shares are highly illiquid. Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$12.9m market cap, or US$8.32m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). New Risk • Sep 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 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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.8m free cash flow). Share price has been highly volatile over the past 3 months (39% average weekly change). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.4m market cap, or US$9.26m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Tillkännagivande • Jan 20
Citigold Corporation Limited Completes a Further Round of Rock Chip Sampling, Following Up on Previous Stream Sediment Anomalies and Aerial Magnetic Anomalies Citigold Corporation Limited announced that it has recently completed a further round of rock chip sampling, following up on previous stream sediment anomalies and aerial magnetic anomalies, and the results are presented below. A total of 43 samples were taken on the Company's exploration tenements eight to ten kilometres to the southeast of Charters Towers. Of the 43 samples taken, 22 (51%) were regarded as anomalous. Values above 0.1 g/t gold, 1 ppm (g/t) silver and 100ppm copper, lead and zinc are regarded as anomalous. Three samples exceeded 3 g/t Au with a high of 7.99 g/t Au in surface rock samples. The anomalous values highlight areas well away from current Company Mining Leases and some are associated with aeromagnetic lows in granitic rocks that may represent areas of mineral alteration that may be caused by metal-bearing fluids. These areas will be followed up with ground traverses, mapping and, if warranted, geophysical surveys prior to drilling. The ongoing exploration program is following up on targets generated over the last two years, examining stream sediment geochemistry, geophysical surveys, satellite imagery and three-dimensional structural analysis aimed at determining the geological stress patterns that generate the faults and fracture systems within the Charters Towers goldfield that may host mineralisation. Board Change • Jan 05
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. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 18
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. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 02
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. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 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. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 
