Tillkännagivande • Oct 30
Gorilla Gold Mines Ltd has completed a Follow-on Equity Offering in the amount of AUD 31.7 million. Gorilla Gold Mines Ltd has completed a Follow-on Equity Offering in the amount of AUD 31.7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 79,250,000
Price\Range: AUD 0.4
Discount Per Security: AUD 0.018
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 22
Gorilla Gold Mines Ltd has filed a Follow-on Equity Offering in the amount of AUD 31.7 million. Gorilla Gold Mines Ltd has filed a Follow-on Equity Offering in the amount of AUD 31.7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 79,250,000
Price\Range: AUD 0.4
Discount Per Security: AUD 0.018
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 08
Gorilla Gold Mines Ltd, Annual General Meeting, Nov 28, 2025 Gorilla Gold Mines Ltd, Annual General Meeting, Nov 28, 2025. Tillkännagivande • May 23
Gorilla Gold Mines Ltd (ASX:GG8) completed the acquisition of remaining 49% stake in Comet Vale Project from Sand Queen Gold Mines Pty Ltd. Gorilla Gold Mines Ltd (ASX:GG8) agreed to acquire remaining 49% stake in Comet Vale Project from Sand Queen Gold Mines Pty Ltd. for AUD 3 million on April 29, 2025. A cash consideration of AUD 3 million will be paid by Gorilla Gold Mines Ltd.
Gorilla Gold Mines Ltd (ASX:GG8) completed the acquisition of remaining 49% stake in Comet Vale Project from Sand Queen Gold Mines Pty Ltd. on May 23, 2025. Tillkännagivande • Apr 05
Gorilla Gold Mines Ltd Announces High-Grade Diamond Drilling Results at Mulwarrie Project Gorilla Gold Mines Ltd. announced further drilling results from Reverse Circulation (`RC') drilling at the Mulwarrie Project located 10km from the Davyhurst mill in the Eastern Goldfields. The main mineralisation at Mulwarrie was discovered in 2017, with modest open pit production occurring before then. Prior to this 2017 discovery the project had fractured ownership and after the discovery the project was tenure constrained and caught up in M&A activity. When Gorilla acquired this project in November 2024, it further consolidated tenure in the area to unlock growth opportunities for the project. A Mineral Resources Estimate (`MRE') of 78koz @ 2.8 g/t Au, exists at the project which Gorilla is aiming to increase in both the tonnes and grade. Mulwarrie lies within granted mining leases, is adjacent to the Riverina-Davyhurst haul road, in a region with multiple operational gold mills within a 100km radius of the Project area. At Mulwarrie, a major North-West fault system is developed in mafic and intermediate lithologies with mineralisation associated with this structural system and the development of quartz veining, pyrrhotite and pyrite sulphides and biotite alteration, often at the margins of intermediate porphyries. Drilling activities reported in this release are an update on the framework drilling from Gorilla's rapid resource growth campaign at Mulwarrie. Significant gold intercepts, have been received from this round of drilling extending mineralisation down plunge by a further 200m in MWEX016, and mineralisation in the northern part of the Mulwarrie system intercepted in MWEX007 some 50m down dip of previous drilling, which bodes well for extending mineralisation in this part of the system and potentially finding some higher grades up there. With the addition of the diamond rigs onsite, the geologists are able to get a better understanding of what the host rocks, alteration and mineralisation looks like at Mulwarrie, which will be invaluable moving forward. Gorilla has accelerated the initial framework drilling as the first phase of the rapid resource growth campaign utilising 1 RC rig and 2 Diamond drill rigs. Tillkännagivande • Mar 31
Gorilla Gold Mines Ltd has completed a Follow-on Equity Offering in the amount of AUD 25 million. Gorilla Gold Mines Ltd has completed a Follow-on Equity Offering in the amount of AUD 25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 65,789,474
Price\Range: AUD 0.38
Discount Per Security: AUD 0.0171
Transaction Features: Subsequent Direct Listing Tillkännagivande • Mar 24
Gorilla Gold Mines Ltd has filed a Follow-on Equity Offering in the amount of AUD 25 million. Gorilla Gold Mines Ltd has filed a Follow-on Equity Offering in the amount of AUD 25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 65,789,474
Price\Range: AUD 0.38
Discount Per Security: AUD 0.0171
Transaction Features: Subsequent Direct Listing Tillkännagivande • Feb 11
Gorilla Gold Mines Ltd has completed a Follow-on Equity Offering in the amount of AUD 19.5 million. Gorilla Gold Mines Ltd has completed a Follow-on Equity Offering in the amount of AUD 19.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 91,547,619
Price\Range: AUD 0.21
Discount Per Security: AUD 0.0126
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,309,524
Price\Range: AUD 0.21
Discount Per Security: AUD 0.0042
Transaction Features: Subsequent Direct Listing Tillkännagivande • Jan 15
Labyrinth Resources Limited Appoints Mr. Mark Rozlapa as Chief Financial Officer Labyrinth Resources Limited appointed Mr. Mark Rozlapa as Chief Financial Officer with immediate effect. Mr. Rozlapa is a qualified Chartered Accountant with over 20 years' experience, including more than 15 years for listed mining companies across the exploration, feasibility, construction and production phases. Mr. Rozlapa previously held senior finance roles across a broad range of commodities and jurisdictions including Sandfire Resources Limited, Ramelius Resources Limited and IGO Ltd. He has experience in project financing and the implementation of processes and systems to support resource growth and development strategies. Mr. Rozlapa holds Bachelor of Commerce and Bachelor of Law degrees from University of WA, commenced his career in professional practice at KPMG and is a member of the Chartered Accountants Australia and New Zealand. Tillkännagivande • Nov 27
Labyrinth Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.599499 million. Labyrinth Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.599499 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 528,166,195
Price\Range: AUD 0.003
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.003
Transaction Features: Regulation S; Rights Offering Tillkännagivande • Nov 20
Labyrinth Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 19.5 million. Labyrinth Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 19.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 91,547,619
Price\Range: AUD 0.21
Discount Per Security: AUD 0.0126
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,309,524
Price\Range: AUD 0.21
Discount Per Security: AUD 0.0042
Transaction Features: Subsequent Direct Listing Tillkännagivande • Nov 19
Labyrinth Resources Limited (ASX:LRL) agreed to acquire Admiral Gold Limited from Genesis Minerals Limited (ASX:GMD). Labyrinth Resources Limited (ASX:LRL) agreed to acquire Admiral Gold Limited from Genesis Minerals Limited (ASX:GMD) on November 18, 2024. The consideration consists of AUD 3.75 million based on 17.86 million common equity of Labyrinth Resources Limited to be issued for common equity of Admiral Gold Limited. Labyrinth Resources Limited will pay an earnout/contingent payment of AUD 1 million cash on the achievement of first commercial production from the Tenements. As part of consideration, AUD 4.75 million is paid towards common equity of Admiral Gold Limited.
The expected completion of the transaction is November 30, 2024. Tillkännagivande • Oct 04
Labyrinth Resources Limited, Annual General Meeting, Nov 28, 2024 Labyrinth Resources Limited, Annual General Meeting, Nov 28, 2024. New Risk • Oct 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 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 (80% average daily change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (223% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (€38.2m market cap, or US$42.3m). New Risk • Sep 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 223% 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 (71% average daily change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (223% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€30.7m market cap, or US$34.1m). Tillkännagivande • Sep 23
Labyrinth Resources Limited (ASX:LRL) completed the acquisition of Distilled Analytics Pty Ltd for AUD 10.2 million. Labyrinth Resources Limited (ASX:LRL) agreed to acquire Distilled Analytics Pty Ltd for AUD 10.2 million on July 17, 2024. The consideration consists of 1.82 billion common equity of Labyrinth Resources Limited having a value of AUD 9.08 million to be issued for common equity and 220 million Vendor Performance Rights rights of Labyrinth Resources Limited having a value of AUD 1.1 million to be issued for common equity of Distilled Analytics Pty Ltd. The transaction will be financed form an equity raising of AUD 4 million. The transaction is subject to approval of offer by acquirer shareholders. The deal has been approved by the board of Labyrinth. The expected completion of the transaction is mid September. Sternship Advisers Pty Ltd. acted as financial advisor and Lavan Legal acted as legal advisor for Labyrinth Resources Limited.
Labyrinth Resources Limited (ASX:LRL) completed the acquisition of Distilled Analytics Pty Ltd on September 23, 2024. Kelvin Flynn appointed as non-executive director, Alex Hewlett appointed as non-executive director of Labyrinth Resources Limited. Charles Hughes joins Labyrinth Resources Limited as chief executive officer. Current chief executive officer Jennifer Neild to transition to chief development officer. The board of Labyrinth Resources Limited includes Dean Hely, Simon Lawson, Kelvin Flynn and Alex Hewlett. Tillkännagivande • Jul 18
Labyrinth Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.6 million. Labyrinth Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 533,333,333
Price\Range: AUD 0.003
Transaction Features: Subsequent Direct Listing New Risk • Mar 18
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$2.0m 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$2.0m free cash flow). Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€3.58m market cap, or US$3.90m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). Tillkännagivande • Oct 05
Labyrinth Resources Limited, Annual General Meeting, Nov 27, 2023 Labyrinth Resources Limited, Annual General Meeting, Nov 27, 2023. Agenda: To consider the re-election of Directors. Tillkännagivande • Sep 21
Labyrinth Resources Limited Advises Stepping Up A "Back-To-Basics" Exploration Program At Its Comet Vale Gold Project in WA Labyrinth Resources Limited advised that it is stepping up a "back-to-basics" exploration program at its Comet Vale gold project in WA. The preliminary field work will follow up historical data which revealed the presence of pegmatites and indicators of lithium prospectivity and follow on from preliminary work done by Labyrinth (see LRL ASX announcement dated 15 December 2022). Nickel, copper and gold occurrences across the package are well documented, but the full potential has not been tested. As an exploration geoscientist, Chief Executive Officer, Jennifer Neild has seen the benefit of compiling for the Project: · non-digital drilling data · geophysical surveys · structural mapping and · soil/rock chip sampling. The methodology recently completed at Comet Vale has already highlighted several gold, nickel, copper and cobalt anomalies that needed boots on ground confirmation and have not been previously looked at by the Company. The review established that very limited drilling has been conducted below 50m and that the project area has been exposed to virtually no modern exploration techniques. The open pit and underground Resources at Comet Vale stand at 39,477oz at 3.3g/t and 56,233oz at 7.0g/t respectively (see LRL ASX announcement dated 11 April 2023). Labyrinth Chief Executive Jennifer Neild said: "There are numerous significant historical workings along well-established gold trends which extend for several kilometres. But theseworkings remain very poorly tested below surface which is likely the result of having too much choice. To the north, Ardea Resources (ASX:ARL) has focused on EIS holes on its Highway nickel release 21 August 2023). The same target stratigraphy exists at Comet Vale where elevated Ni, Co and Cu are common. Ardea also commissioned a CSA study which showed LCT prospectivity to the north and south of Comet Vale. In light of this immense potential, Labyrinth has started a program of reconnaissance field workto validate historic occurrences and confirm targets. Key outcomes include: Mapping geology including veins of pegmatitic material and locating historic references to dykes at gold prospects, Structural mapping, confirming fault orientations and timing relationships with gold bearing veins, Confirming Ni/Cr trends which help identify nickel sulphide prospectivity, Confirmation of historic drillholes not currently in database, Environmental monitoring and rehabilitation work, Delineating prospects of highest potential for future work. Board Change • Jul 14
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 Dean Hely 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. Board Change • Apr 27
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. 2 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Dean Hely is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 05
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. 2 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Dean Hely is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 02
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. 2 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Dean Hely is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Jun 15
Non-Executive Director Wayne McGrath has left the company On the 9th of June, Wayne McGrath's tenure as Non-Executive Director ended after 1.1 years in the role. As of March 2021, Wayne still personally held 6.67m shares (€70k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.33 years. Recent Insider Transactions • Mar 27
Insider recently sold €281k worth of stock On the 23rd of March, Daryl Henthorn sold around 15m shares on-market at roughly €0.019 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €278k more than they bought in the last 12 months. Reported Earnings • Sep 27
Full year earnings released - €0.0011 loss per share Over the last 12 months the company has reported total losses of AU$617.4k, with losses narrowing by 16% from the prior year. 
