Tillkännagivande • Sep 23
Kaiser Reef Limited, Annual General Meeting, Nov 17, 2025 Kaiser Reef Limited, Annual General Meeting, Nov 17, 2025. Tillkännagivande • Jul 09
Kaiser Reef Limited Announces Production Update for June Quarter Ended 30 June 2025 Kaiser Reef Limited reported on its gold production for the quarter ended 30 June 2025. During the quarter, on 15 May 2025, Kaiser settled the acquisition of the Henty Gold Mine and associated Tasmanian exploration tenements from Catalyst Metals Limited and has integrated Henty into the Kaiser business. The company reported gold production from Henty Gold Mine Production (15 May - 30 June) of 4,069oz Au and Maldon Gold Mine Production (1 April - 30 June) of 756.3oz Au and mined gold of 551.7oz Au from A1 Gold Mine Production (1 April - 30 June). Tillkännagivande • May 16
Kaiser Reef Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million. Kaiser Reef Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 65,152,640
Price\Range: AUD 0.14
Discount Per Security: AUD 0.0084
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 149,133,075
Price\Range: AUD 0.14
Discount Per Security: AUD 0.0084
Transaction Features: Subsequent Direct Listing Tillkännagivande • Jan 24
Kaiser Reef Limited has completed a Follow-on Equity Offering in the amount of AUD 8.425 million. Kaiser Reef Limited has completed a Follow-on Equity Offering in the amount of AUD 8.425 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 46,666,666
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,500,000
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 22
Kaiser Reef Limited has filed a Follow-on Equity Offering in the amount of AUD 8.05 million. Kaiser Reef Limited has filed a Follow-on Equity Offering in the amount of AUD 8.05 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,166,666
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,500,000
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 10
Kaiser Reef Limited, Annual General Meeting, Nov 29, 2024 Kaiser Reef Limited, Annual General Meeting, Nov 29, 2024. Reported Earnings • Sep 26
Full year 2024 earnings released: AU$0.034 loss per share (vs AU$0.008 profit in FY 2023) Full year 2024 results: AU$0.034 loss per share (down from AU$0.008 profit in FY 2023). Revenue: AU$23.7m (down 23% from FY 2023). Net loss: AU$5.53m (down AU$6.71m from profit in FY 2023). New Risk • Sep 24
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 Risk Share price has been highly volatile over the past 3 months (17% average weekly change). 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 (38% increase in shares outstanding). Market cap is less than US$100m (€18.9m market cap, or US$21.0m). Tillkännagivande • May 23
Kaiser Reef Limited has filed a Follow-on Equity Offering in the amount of AUD 5.01 million. Kaiser Reef Limited has filed a Follow-on Equity Offering in the amount of AUD 5.01 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,200,000
Price\Range: AUD 0.15
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,200,000
Price\Range: AUD 0.15
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 11
First half 2024 earnings released: AU$0.018 loss per share (vs AU$0.011 profit in 1H 2023) First half 2024 results: AU$0.018 loss per share (down from AU$0.011 profit in 1H 2023). Revenue: AU$14.0m (down 7.4% from 1H 2023). Net loss: AU$2.63m (down 274% from profit in 1H 2023). New Risk • Mar 10
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$2.9m 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$2.9m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (€14.5m market cap, or US$15.9m). Tillkännagivande • Dec 27
Kaiser Reef Limited has completed a Follow-on Equity Offering in the amount of AUD 3.475 million. Kaiser Reef Limited has completed a Follow-on Equity Offering in the amount of AUD 3.475 million.
Security Name: Ordianry Shares
Security Type: Common Stock
Securities Offered: 23,166,667
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 02
Kaiser Reef Limited, Annual General Meeting, Nov 23, 2023 Kaiser Reef Limited, Annual General Meeting, Nov 23, 2023. Agenda: To consider election of Directors. Reported Earnings • Sep 29
Full year 2023 earnings released: EPS: AU$0.008 (vs AU$0.017 loss in FY 2022) Full year 2023 results: EPS: AU$0.008 (up from AU$0.017 loss in FY 2022). Revenue: AU$30.7m (up 35% from FY 2022). Net income: AU$1.17m (up AU$3.43m from FY 2022). Profit margin: 3.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. New Risk • Sep 25
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 Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (20% accrual ratio). 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 (4.7% increase in shares outstanding). Market cap is less than US$100m (€15.7m market cap, or US$16.7m). New Risk • Sep 10
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 Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (20% accrual ratio). 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 (4.7% increase in shares outstanding). Market cap is less than US$100m (€15.9m market cap, or US$17.0m). Reported Earnings • Mar 10
First half 2023 earnings released: EPS: AU$0.011 (vs AU$0.021 loss in 1H 2022) First half 2023 results: EPS: AU$0.011 (up from AU$0.021 loss in 1H 2022). Revenue: AU$15.1m (up 77% from 1H 2022). Net income: AU$1.51m (up AU$4.17m from 1H 2022). Profit margin: 10.0% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Tillkännagivande • Feb 11
Kaiser Reef Limited Announces Grant of Key Exploration Licence At the Maldon Gold Project Kaiser Reef Limited reported that the large 144 km2 exploration licence has been granted which covers an area substantially larger than the combined Maldon mining licences and provides access to the uniquely exploration target around the Nuggety Reef Mine. Accessing ideal drilling positions has been extremely challenging from within Kaiser's very narrow mining licence (MIN5528) which covers the Nuggety Reef project. Kaiser has keenly awaited the grant of its large surrounding exploration licence that will facilitate far more effective drilling in the future. The aim of future drilling at the Nuggety Mine will be to test down dip positions near the granite contact and following the down plunge positions of the Nuggety Mine. Drilling will also be designed to delineate the bismuth mineralisation trend and coincident for a high-grade gold mineralisation. Kaiser is currently undertaking a major infrastructure programme at the A1 Mine site including the installation of a high voltage power upgrade, expanded underground remote mining fleet and ongoing development to facilitate upcoming mining opportunities. While this is the immediate focus, exploration drilling permits will be sought and drilling will be conducted once the infrastructure programme has been implemented. The Maldon Goldfield is wholly owned by Kaiser and it is a priority plan to bring the Union Hill mine at Maldon back into production. The following update and summary of Maldon is provided. Further engineering and future planning were conducted at Union Hill and a review of certain key infrastructure was undertaken. The work conducted was limited due to a focus on the A1 production ramp up. Further work at Maldon is ongoing. o High Grade Drill Results such as 2.2m @ 10.3 g/t gold, including 0.4m @ 52.8 g/t gold (ASX release dated 1 March 2022) o Geophysical Exploration Targets Identified Kaiser announced the first results from drilling at the Nuggety Reef historic gold mine, located at the northern end of the Union Hill gold mine in Maldon, Victoria on 1 March 2022. Nuggety was one of, if not the, highest grade significant Australian gold mine with recorded production of 301,000 ounces at 187 g/t recovered gold. The Nuggetty Reef was discovered in 1856 and produced 301,000 ounces of gold from 50,000 tonnes of ore averaging 187 g/t Au over a 10-year period. The reef was mined over a strike length of 350 metres with four shafts, sunk to a maximum depth of 238m. The Nuggety Reef is contained within the broader Nuggetty shear zone and is the most northern reef and mine in the Maldon Goldfield. The deposit is truncated by the Harcourt Granodiorite to the north and at depth, forming a south plunging footwall. Nuggetty is situated within steep eastern dipping metasediments that have been contact metamorphosed to cordierite - andalusite hornfels. The mine workings strike north - south and comprise of 2 sub-vertical east dipping quartz reefs, referred to as the west reef and the east reef. These structures are joined at depth by near flat en-echelon reefs. Kaiser has already conducted a small surface diamond drilling (4 holes) programme that targeted a better understanding of the mineralisation controls in both the eastern and western reefs at Nuggety, which are located within the main north-south Nuggetty shear zone. The drilling positions were compromised and limited at the time. Drilling was following up NUGD01 0.44m @ 205 g/t Au and NUDG02 which returned 1.4m @ 9.78 g/t Au The plan view of the reef area shows the main Nuggety envelope as defined by logging and arsenic assays and another trending in a north-north-eastern direction with associated gold mineralisation. promoted bismuth assays, one of these is the high gold zone, up to 52.8 g/t gold in NG_SDH_002 The promoted bismuth mineralisation appears to also define a north-north-eastern trend identified by gold and arsenic; this trend appears to be associated but subsidiary to the main Nuggety trend. promoted bismuth appears to be an important indicator element in this district. Modelling of these mineralised trends has identified an untested target with significant up and down plunge extents, additional to deeper down plunge trends within the main Nuggety mine trend. The Nuggety shear zone continues to the south and the prospective target contact with the Harcourt granite remains essentially untested down plunge. This recently identified north- north-eastern trend is also a high priority target. Further to the south, the underground drilling rig is continuing exploration from underground positions within the Union Hill decline. The granting of the exploration licence will also allow Kaiser to follow up on the identified priority geophysical targets and regional high grade gold drill intercepts at Maldon. Although overprinted by granitic fluids, the style of the reef mineralisation seen at Maldon is similar to other Central Victorian fields, including Fosterville and Bendigo. High grade gold is found in plunging shoots. Additionally, some parts of Kaisers Exploration Licence are under cover, including a gravity ridge like the one on the eastern side of the main Maldon field. The field may contain undiscovered high-grade shoots, which do not ‘daylight’ and have not been found by previous mining. Very little drilling of targets other than for extensions of known shoots has been undertaken. In 1979 an IP survey conducted by Scintrex on behalf of CEC shows that at least some of the mineralisation is chargeable and resistive. An anomaly that was drilled in DDH05 by CEC returned 2m 23.9g/t in a previously unknown reef There is a real opportunity to use modern exploration techniques to target economic mineralisation. Board Change • Nov 16
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. Executive Director Stewart Howe was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 04
Full year 2022 earnings released: AU$0.017 loss per share (vs AU$0.24 loss in FY 2021) Full year 2022 results: AU$0.017 loss per share (improved from AU$0.24 loss in FY 2021). Revenue: AU$22.8m (up 273% from FY 2021). Net loss: AU$2.26m (loss narrowed 84% from FY 2021). Board Change • Sep 07
High number of new directors Executive Director Stewart Howe was the last director to join the board, commencing their role in 2021. 
