Duyuru • Jun 03
Lachlan Star Limited has completed a Follow-on Equity Offering in the amount of AUD 7.468 million. Lachlan Star Limited has completed a Follow-on Equity Offering in the amount of AUD 7.468 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: AUD 0.12
Discount Per Security: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,233,333
Price\Range: AUD 0.12
Discount Per Security: AUD 0.0024
Transaction Features: Subsequent Direct Listing Duyuru • Apr 02
Lachlan Star Limited has completed a Follow-on Equity Offering in the amount of AUD 7.468 million. Lachlan Star Limited has completed a Follow-on Equity Offering in the amount of AUD 7.468 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: AUD 0.12
Discount Per Security: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,233,333
Price\Range: AUD 0.12
Discount Per Security: AUD 0.0024
Transaction Features: Subsequent Direct Listing Duyuru • Apr 01
Lachlan Star Limited has filed a Follow-on Equity Offering in the amount of AUD 7.468 million. Lachlan Star Limited has filed a Follow-on Equity Offering in the amount of AUD 7.468 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: AUD 0.12
Discount Per Security: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,233,333
Price\Range: AUD 0.12
Discount Per Security: AUD 0.0024
Transaction Features: Subsequent Direct Listing Duyuru • Mar 27
Lachlan Star Limited (ASX:LSA) completed the acquisition of 90% stake in New Waverley Gold Project from David Golly Pascoe. Lachlan Star Limited (ASX:LSA) entered a binding agreement to acquire 90% stake in New Waverley Gold Project from David Golly Pascoe for AUD 10.1 million on February 2, 2026. The upfront consideration consists of AUD 0.15 million in cash and 12.5 million fully paid ordinary LSA shares of which 50% (6.25 million fully paid ordinary shares) are subject to voluntary escrow for 12 months. The contingent consideration consists of Milestone 1: a payment of AUD 0.5 million cash and AUD 1 million fully paid ordinary LSA shares upon delineation of at least 100,000 ounces of gold JORC Ore Reserve at or above a cut-off grade of 0.4g/t of gold (for an open pit) or 2.0g/t of gold (for underground operations) on any of the tenements and Milestone 2: a payment of AUD 7.5 million (payable in cash and / or fully paid ordinary shares, at LSA’s election), upon delineation of at least 500,000 ounces of gold JORC Ore Reserve at or above a cut-off grade of 0.4g/t of gold (for an open pit) or 2.0g/t of gold (for underground operations) on any of the tenements.
Completion of the transaction is subject to the condition requiring the satisfaction or waiver of the receipt of Ministerial consent for the transfer of M63/673, M63/678 and L63/96, amongst other standard conditions for agreements of this nature.
Lachlan Star Limited (ASX:LSA) completed the acquisition of 90% stake in New Waverley Gold Project from David Golly Pascoe on March 26, 2026. Duyuru • Dec 01
Lachlan Star Limited has completed a Follow-on Equity Offering in the amount of AUD 2.1625 million. Lachlan Star Limited has completed a Follow-on Equity Offering in the amount of AUD 2.1625 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,650,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.0025
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,600,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.0015
Transaction Features: Subsequent Direct Listing Duyuru • Sep 22
Lachlan Star Limited, Annual General Meeting, Nov 26, 2025 Lachlan Star Limited, Annual General Meeting, Nov 26, 2025. Duyuru • Aug 28
Lachlan Star Limited has filed a Follow-on Equity Offering in the amount of AUD 2.1625 million. Lachlan Star Limited has filed a Follow-on Equity Offering in the amount of AUD 2.1625 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,650,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.0025
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,600,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.0015
Transaction Features: Subsequent Direct Listing Duyuru • Nov 29
Lachlan Star Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million. Lachlan Star Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,400,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.005
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,600,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.005
Transaction Features: Subsequent Direct Listing New Risk • Sep 27
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$1.6m 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$1.6m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m (AU$36k revenue, or US$25k). Minor Risk Market cap is less than US$100m (€15.1m market cap, or US$16.8m). Duyuru • Sep 19
Lachlan Star Limited, Annual General Meeting, Nov 27, 2024 Lachlan Star Limited, Annual General Meeting, Nov 27, 2024. New Risk • Oct 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% 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 (54% average weekly change). Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€11.8m market cap, or US$12.4m). Duyuru • Oct 26
Lachlan Star Limited Appoints Andrew Tyrrell as Chief Executive Officer, Effective 1 February 2024 Lachlan Star Limited announce the appointment of highly experienced mining executive and geologist Andrew Tyrrell as Chief Executive Officer. Mr. Tyrrell was most recently General Manager Discovery for leading gold producer and explorer Gold Road Resources Limited, where he led the transition of Gold Road to a national explorer and in the restructuring of the Company's Discovery Group into a self-generating business development and project generation model. Before joining Gold Road, he spent 10 years at Anglo Gold Ashanti in various roles, including as Technical Manager of global greenfields exploration and as Exploration Manager, USA, where he led the team in the discovery of the Silicon project epithermal system, whilst rebuilding the North American exploration project and generative portfolio. Mr. Tyrrell is an exploration geologist with 20-plus years' experience in the minerals industry with a primary focus on gold. Mr. Tyrrell has an MSc in Ore Deposit Geology from the University of WA and a BSc in Applied Geology from Curtin University. Mr. Tyrrell is a member of the Society of Economic Geologists, the Australian Institute of Geoscientists, and the Geological Society of Nevada. Mr. Tyrrell will commence his role with the Company on 1 February 2024. Duyuru • Sep 26
Lachlan Star Limited, Annual General Meeting, Nov 29, 2023 Lachlan Star Limited, Annual General Meeting, Nov 29, 2023, at 14:00 W. Australia Standard Time. Location: Ascent Capital, Level 1, 33 Ord Street West Perth Western Australia Australia Agenda: To consider the election and appointment of directors. Duyuru • Aug 04
Lachlan Star Limited (ASX:LSA) entered into share sale agreement to acquire TRK Resources Pty Ltd. from DevEx Resources Limited (ASX:DEV) for AUD 7.5 million. Lachlan Star Limited (ASX:LSA) entered into share sale agreement to acquire TRK Resources Pty Ltd. from DevEx Resources Limited (ASX:DEV) for AUD 7.5 million on August 3, 2023. The consideration includes a consideration of AUD 7.5 million in LSA shares plus a 2% Net Smelter Royalty. Following the completion, DevEx will also hold 36.46% of the ordinary share capital of Lachlan Star and will appoint two directors to the Lachlan Board. The transaction is subject to Lachlan shareholder approval with such meeting expected to be held in late September. The agreement also contains additional conditions precedent, warranties and indemnities that are typical for an agreement of this nature. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Gary Steinepreis was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Gary Steinepreis was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Executive Departure • Jan 28
Non-Executive Director has left the company On the 27th of January, Klaus Eckhof's tenure as Non-Executive Director ended after 2.5 years in the role. As of September 2020, Klaus personally held 20.00m shares (€90k worth at the time). Klaus is the only executive to leave the company over the last 12 months. 
