Board Change • May 20
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Company Secretary & Independent Director Jay Stephenson is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Company Secretary & Independent Director Jay Stephenson is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Company Secretary & Independent Director Jay Stephenson is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 17
Liberty Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.7 million. Liberty Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 296,348,783
Price\Range: AUD 0.0007
Discount Per Security: AUD 0.000042
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,560,794,094
Price\Range: AUD 0.0007
Discount Per Security: AUD 0.000042
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 10
Traka Resources Limited, Annual General Meeting, Nov 25, 2025 Traka Resources Limited, Annual General Meeting, Nov 25, 2025. Board Change • Aug 18
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Independent Director Jay Stephenson is the most experienced director on the board, commencing their role in 2024. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Dec 21
Traka Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.002634 million. Traka Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.002634 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 150,131,687
Price\Range: AUD 0.02 Tillkännagivande • Oct 10
Traka Resources Limited, Annual General Meeting, Nov 28, 2024 Traka Resources Limited, Annual General Meeting, Nov 28, 2024. Tillkännagivande • Sep 05
Traka Resources Limited Appoints Jay Stephenson as Director and Joint Company Secretary Traka Resources Limited announced the appointment of Mr. Jay Stephenson as both Director and Joint Company Secretary, effective immediately. Mr. Stephenson brings over 35 years of experience in business development, including approximately 29 years in roles as Director, Chief Financial Officer, and Company Secretary across a range of sectors including resources, manufacturing, information technology, wine, hotels and property. His extensive expertise in business acquisitions, mergers, initial public offerings, capital raisings, business restructuring and financial management will be invaluable to the Company as company continue to advance the strategic objectives. New Risk • Aug 31
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$1.0m 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$1.0m free cash flow). Shares are highly illiquid. Earnings have declined by 4.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (123% increase in shares outstanding). Revenue is less than US$1m (AU$46k revenue, or US$31k). Market cap is less than US$10m (AU$1.95m market cap, or US$1.32m). Board Change • May 20
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. 2 non-independent directors. Independent Non-Executive Chairman Joshua Pitt was the last independent director to join the board, commencing their role in 2003. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 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. 2 non-independent directors. Independent Non-Executive Chairman Joshua Pitt was the last independent director to join the board, commencing their role in 2003. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 13
First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2023) First half 2024 results: AU$0.001 loss per share (in line with 1H 2023). Net loss: AU$496.7k (loss widened 11% from 1H 2023). 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 56% per year, which means it is significantly lagging earnings. Board Change • Mar 12
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. 2 non-independent directors. Independent Non-Executive Chairman Joshua Pitt was the last independent director to join the board, commencing their role in 2003. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 19
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Chairman Joshua Pitt was the last director to join the board, commencing their role in 2003. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jan 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 142% 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 Shares are highly illiquid. Negative equity (-AU$57k). Earnings have declined by 7.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (142% increase in shares outstanding). Revenue is less than US$1m (AU$26k revenue, or US$17k). Market cap is less than US$10m (AU$3.50m market cap, or US$2.30m). Board Change • Jan 19
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Chairman Joshua Pitt was the last director to join the board, commencing their role in 2003. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 16
Traka Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.750659 million. Traka Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.750659 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 875,329,277
Price\Range: AUD 0.002
Discount Per Security: AUD 0.00012
Security Features: Attached Options
Transaction Features: Rights Offering Board Change • Nov 06
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Chairman Joshua Pitt was the last director to join the board, commencing their role in 2003. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Chairman Joshua Pitt was the last director to join the board, commencing their role in 2003. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Sep 28
Traka Resources Limited, Annual General Meeting, Nov 24, 2023 Traka Resources Limited, Annual General Meeting, Nov 24, 2023. Reported Earnings • Sep 23
Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in FY 2022) Full year 2023 results: AU$0.002 loss per share (improved from AU$0.003 loss in FY 2022). Net loss: AU$1.68m (loss narrowed 15% from FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 16
First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2022) First half 2023 results: AU$0.001 loss per share (improved from AU$0.002 loss in 1H 2022). Net loss: AU$449.7k (loss narrowed 65% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year. Board Change • Nov 17
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Chairman Joshua Pitt was the last director to join the board, commencing their role in 2003. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Chairman Joshua Pitt was the last director to join the board, commencing their role in 2003. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 16
Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.003 loss in FY 2021) Full year 2022 results: AU$0.003 loss per share (in line with FY 2021). Net loss: AU$1.98m (loss widened 16% from FY 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. 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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Chairman Joshua Pitt was the last director to join the board, commencing their role in 2003. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 22
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Chairman Joshua Pitt was the last director to join the board, commencing their role in 2003. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 29
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Chairman Joshua Pitt was the last director to join the board, commencing their role in 2003. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 07
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.002 loss per share (down from AU$0.001 loss in 1H 2021). Net loss: AU$1.29m (loss widened 124% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Dec 06
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Chairman Joshua Pitt was the last director to join the board, commencing their role in 2003. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 15
Full year 2021 earnings released: AU$0.003 loss per share (vs AU$0.002 loss in FY 2020) Full year 2021 results: Net loss: AU$1.71m (loss widened 98% from FY 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jul 10
Independent Non-Executive Chairman recently bought AU$128k worth of stock On the 6th of July, Joshua Pitt bought around 8m shares on-market at roughly AU$0.016 per share. This was the largest purchase by an insider in the last 3 months. Joshua has been a buyer over the last 12 months, purchasing a net total of AU$183k worth in shares. Reported Earnings • Feb 17
First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2020) First half 2021 results: Net loss: AU$577.8k (loss narrowed 2.5% from 1H 2020). 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 31% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Dec 21
Non-Executive Chairman recently bought AU$55k worth of stock On the 18th of December, Joshua Pitt bought around 3m shares on-market at roughly AU$0.022 per share. This was the largest purchase by an insider in the last 3 months. This was Joshua's only on-market trade for the last 12 months. 