Reported Earnings • Mar 17
First half 2026 earnings released: AU$0.001 loss per share (vs AU$0 in 1H 2025) First half 2026 results: AU$0.001 loss per share (further deteriorated from AU$0 in 1H 2025). Net loss: AU$282.4k (down AU$317.1k from profit in 1H 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. New Risk • Feb 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (AU$1.1m revenue, or US$790k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$36.9m market cap, or US$26.2m). Duyuru • Sep 30
Hawthorn Resources Limited, Annual General Meeting, Oct 31, 2025 Hawthorn Resources Limited, Annual General Meeting, Oct 31, 2025. Location: at level 23, rialto south tower, 525 collins street, melbourne victoria 3000 Australia Reported Earnings • Sep 18
Full year 2025 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in FY 2024) Full year 2025 results: AU$0.001 loss per share (improved from AU$0.002 loss in FY 2024). Net loss: AU$341.6k (loss narrowed 36% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 18
First half 2025 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2024) First half 2025 results: EPS: AU$0 (improved from AU$0.001 loss in 1H 2024). Net income: AU$34.6k (up AU$238.4k from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. New Risk • Feb 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 64% per year over the past 5 years. Revenue is less than US$1m (AU$674k revenue, or US$423k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$16.4m market cap, or US$10.3m). New Risk • Dec 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.4m (US$9.35m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 64% per year over the past 5 years. Revenue is less than US$1m (AU$674k revenue, or US$437k). Market cap is less than US$10m (AU$14.4m market cap, or US$9.35m). Duyuru • Oct 14
Hawthorn Resources Limited, Annual General Meeting, Nov 21, 2024 Hawthorn Resources Limited, Annual General Meeting, Nov 21, 2024. Location: at level 23, rialto south tower, 525 collins street, melbourne victoria 3000 Australia Reported Earnings • Sep 27
Full year 2024 earnings released: AU$0.002 loss per share (vs AU$0 in FY 2023) Full year 2024 results: AU$0.002 loss per share (further deteriorated from AU$0 in FY 2023). Net loss: AU$537.0k (down AU$621.9k from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 18
First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2023) First half 2024 results: AU$0.001 loss per share (improved from AU$0.002 loss in 1H 2023). Net loss: AU$208.4k (loss narrowed 73% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 11
Hawthorn Resources Limited Announces Retirement of Mr. Liao, Yongzhong as Director Hawthorn Resources Limited announced that as noted in the Notice of Annual General Meeting of 29 September 2023, long-standing non- executive director of Hawthorn Resources Limited ("Hawthorn"), Mr. Liao, Yongzhong has reached the end of his current term as a director and chose not to stand for re-election at the AGM. Mr. Liao joined the Board of Hawthorn on 30th October 2012 and his directorship ended at the conclusion of the AGM on 9 November 2023. Duyuru • Sep 29
Hawthorn Resources Limited, Annual General Meeting, Nov 09, 2023 Hawthorn Resources Limited, Annual General Meeting, Nov 09, 2023, at 16:15 AUS Eastern Standard Time. Agenda: To receive and consider the Consolidated Financial Report and the Reports of the Directors and of the Auditor for the financial year ended 30 June 2023 which are contained in the 2023 Annual Report; to consider Re-Election of Director; to consider Adoption of Remuneration Report; and to consider Appointment of Auditor. Reported Earnings • Sep 23
Full year 2023 earnings released: EPS: AU$0 (vs AU$0.003 in FY 2022) Full year 2023 results: EPS: AU$0 (down from AU$0.003 in FY 2022). Revenue: AU$1.66m (down 76% from FY 2022). Net income: AU$85.0k (down 91% from FY 2022). Profit margin: 5.1% (down from 13% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 16
First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in 1H 2022) First half 2023 results: AU$0.002 loss per share (improved from AU$0.003 loss in 1H 2022). Revenue: AU$66.5k (up AU$60.8k from 1H 2022). Net loss: AU$763.0k (loss narrowed 25% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Duyuru • Jan 03
Hawthorn Resources Limited Announces Cessation of Mark Kerr From Board Hawthorn Resources Limited announced that Mr. Mark Kerr has ceased being a director of the Company, effective 31 December 2022. Duyuru • Nov 26
Hawthorn Resources Limited Announces Changes to the Board Hawthorn Resources Limited announced changes to the Board as a consequence of its AGM held on November 24, 2022. After 26 continuous years as a Non-executive director of the Company, Dr. Tyrwhitt has retired from the Board at the end of his latest 3-year term. At the AGM, shareholders of HAW have overwhelmingly appointed Mr. Joseph Corrigan as a Director of the Company. Board Change • Nov 16
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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Oct 04
Hawthorn Resources Limited, Annual General Meeting, Nov 24, 2022 Hawthorn Resources Limited, Annual General Meeting, Nov 24, 2022. Agenda: To consider election of directors. Reported Earnings • Oct 01
Full year 2022 earnings released: EPS: AU$0.003 (vs AU$0.005 loss in FY 2021) Full year 2022 results: EPS: AU$0.003 (up from AU$0.005 loss in FY 2021). Revenue: AU$6.91m (up AU$6.82m from FY 2021). Net income: AU$927.1k (up AU$2.59m from FY 2021). Profit margin: 13% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 19
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.003 loss per share (up from AU$0.005 loss in 1H 2021). Net loss: AU$1.02m (loss narrowed 43% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Duyuru • Feb 16
Hawthorn Resources Limited Announces Executive Changes Hawthorn Resources Limited announced that After an extensive period of nearly 14 years distinguished service for the Company, Mourice Garbutt is retiring as the Company Secretary of the Hawthorn Resources Group of Companies. The Board of Directors in thanking Mr. Garbutt for his outstanding service during his tenure as Company Secretary to the Company and its subsidiary entities announced the appointment of Glenn Fowles as the Group's Company Secretary. Reported Earnings • Oct 01
Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.027 profit in FY 2020) Full year 2021 results: Net loss: AU$1.66m (down 119% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 01
Hawthorn Resources Limited Announces Developments at Two of its Key Projects in Western Australia The directors of Hawthorn Resources Limited announced developments at two of its key projects in Western Australia. Trouser Legs Gold Mining Joint Venture: geological review: the company in its capacity as manager of the Trouser Legs Joint Venture, announced that AMC Consultants Pty Ltd. has been engaged to undertake a geological review, gap analysis and a mining methods options assessment at the Joint Venture's Anglo-Saxon Gold Project. Anglo-Saxon is located approximately 140 km north-east of Kalgoorlie at Pinjin in Western Australia within the prolific South Laverton Tectonic Zone (SLTZ): on completion of this scope of work, the Joint Venture will have sufficient information to make a business decision on whether to proceed to a pre-feasibility study (PFS) for the project; completion is expected by late August. The Trouser Legs Joint Venture in which the Anglo-Saxon project resides, is an unincorporated joint venture between the company (70%) and GEL Resources Pty Ltd. (30%). EDJUDINA GOLD PROJECT M31/481: commencement of drilling: the Edjudina project area lies approximately 160 km to the north-east of Kalgoorlie in Western Australia and 20 kilometres to the east of the Porphyry Gold Mine (Northern Star Resources Limited). The company is pleased to advise that it will commence a 600m Reverse Circulation (RC) drill campaign to investigate potential extensions of mineralisation into the company’s M31/481, which is contiguous to Gibb River's Neta Project. The historic Carlsen lode will be the focus of the current RC campaign. The ML has had very little modern exploration or deep drilling due to the relatively hard calcrete surface which hindered early explorers despite many gold occurrences along the 15km long Edjudina trend. The drilling programme is scheduled to commence on July 1, 2021. Reported Earnings • Mar 19
First half 2021 earnings released: AU$0.005 loss per share (vs AU$0.03 profit in 1H 2020) First half 2021 results: Net loss: AU$1.78m (down 118% from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Executive Departure • Feb 17
Non Executive Director has left the company On the 9th of February, Christopher Corrigan's tenure as Non Executive Director ended after 3.4 years in the role. As of December 2020, Christopher personally held 56.10m shares (AU$7.6m worth at the time). Christopher is the only executive to leave the company over the last 12 months. Executive Departure • Feb 10
Non Executive Director has left the company On the 8th of February, Christopher Corrigan's tenure as Non Executive Director ended after 3.3 years in the role. As of September 2020, Christopher personally held 56.10m shares (AU$7.3m worth at the time). Christopher is the only executive to leave the company over the last 12 months. Duyuru • Feb 09
Hawthorn Resources Limited Announces Resignation of C D Corrigan as Director Hawthorn Resources Limited announced resignation of C D Corrigan as Director of the Company. Mr. Corrigan joined the Board of Directors in October 2017 and was a member of the Audit Committee. Recent Insider Transactions • Jan 08
MD, CEO & Director recently sold AU$157k worth of stock On the 6th of January, Mark Kerr sold around 1m shares on-market at roughly AU$0.12 per share. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months.