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Castle Minerals Limited
(Sydney:CDT)
Castle Minerals Limited (CDT) vs. S&P 500 (SPY)
Castle Minerals Limited Business Overview & Revenue Model
Castle Minerals Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 64.11K | 64.11K | 30.42K | 409.00 | ― | 184.00 | Gross Profit |
| 64.11K | 64.11K | -19.98K | -28.19K | -1.52K | -2.03K | EBIT |
| -2.28M | -2.88M | -5.65M | -2.27M | -2.06M | -998.40K | EBITDA |
| -2.28M | -2.86M | -5.60M | -2.13M | -2.06M | -996.00K | Net Income Common Stockholders |
| -2.34M | -2.88M | -5.62M | -2.16M | -1.99M | -775.25K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.19M | 1.02M | 2.70M | 4.76M | 1.80M | 434.48K | Total Assets |
| 1.26M | 1.11M | 2.88M | 4.98M | 1.87M | 505.97K | Total Debt |
| 0.00 | 0.00 | 0.00 | 20.55K | 0.00 | 0.00 | Net Debt |
| -1.19M | -1.02M | -700.24K | -4.74M | -1.80M | -434.48K | Total Liabilities |
| 663.10K | 595.62K | 846.53K | 228.72K | 198.17K | 160.04K | Stockholders Equity |
| 593.65K | 510.72K | 2.03M | 4.75M | 1.67M | 345.93K |
| Cash Flow | Free Cash Flow | ||||
| -1.84M | -3.01M | -4.40M | -2.35M | -1.94M | -449.93K | Operating Cash Flow |
| -1.84M | -3.01M | -4.40M | -2.22M | -1.94M | -449.93K | Investing Cash Flow |
| 108.10K | 2.11M | -2.00M | -7.47K | -2.54K | 161.85K | Financing Cash Flow |
| 1.77M | 1.24M | 2.33M | 5.19M | 3.31M | 479.97K |
Castle Minerals Limited Peers Comparison
Castle Minerals Limited Corporate Events
Castle Minerals Limited has announced the opening of its Loyalty Options Offer, allowing eligible shareholders to purchase new unlisted options at a nominal price. This offer aims to raise up to $193,349.28 and is part of the company’s strategy to enhance shareholder value and fund its ongoing exploration projects. The offer is open until May 21, 2025, and reflects Castle’s commitment to leveraging its diverse mineral projects in Ghana and Western Australia, potentially impacting its market position and providing growth opportunities for stakeholders.
Castle Minerals Limited reported a busy March 2025 quarter, marked by a successful $3.1 million capital raise and share consolidation, enhancing its financial position and simplifying its capital structure. The company completed a promising RC drilling campaign at the Kpali Gold Project, revealing strong gold intercepts, and plans to continue exploration activities at both the Kpali and Kandia projects. These efforts are set against a backdrop of record-high gold prices, potentially positioning Castle as a significant player in the emerging gold district of northern Ghana.
Castle Minerals Limited has announced a non-renounceable pro-rata entitlement offer of new unlisted options to reward the loyalty of its shareholders. This offer, which aims to raise up to $193,349.28, will provide funds for the company’s general working capital and cover the expenses of the offer. The company has lodged a prospectus with ASIC detailing the offer’s terms, capital structure impact, and associated risks. The offer is not underwritten, and any unclaimed entitlements will form a shortfall, which the directors may place within three months following the offer’s closing date.
Castle Minerals Limited has announced a non-renounceable pro-rata entitlement offer of new options to its eligible shareholders. The offer aims to raise up to $193,349.28 and is priced at $0.005 per new option. This initiative is part of the company’s strategy to enhance shareholder value and strengthen its financial position. The offer is not underwritten and is available only to eligible shareholders, emphasizing the speculative nature of the investment.
Castle Minerals Limited announced an update regarding its proposed issue of securities, indicating that a condition has been met, which affects the timetable and the maximum number of options offered. This update is part of a non-renounceable pro-rata issue and reflects adjustments due to consolidation rounding impacts, potentially influencing the company’s financial strategy and stakeholder interests.
Castle Minerals Limited announced a change in the director’s interest, specifically concerning Stephen Stone, who has acquired additional ordinary shares and unlisted options. This change reflects the director’s increased investment in the company, potentially indicating confidence in its future prospects. The acquisition was part of a placement approved by shareholders, which may have implications for the company’s capital structure and market positioning.
Castle Minerals Limited has announced the issuance of 36,108,317 unquoted options set to expire on May 31, 2028, at an exercise price of $0.12. This move is part of previously announced transactions and is not intended for quotation on the ASX, potentially impacting the company’s capital structure and future financial strategies.
Castle Minerals Limited has issued 51,750,000 new ordinary shares at $0.06 per share to sophisticated, professional, and director investors. This move is part of a placement announced earlier and was conducted without disclosure under specific sections of the Corporations Act. The company has complied with relevant legal provisions, and the share issue has been lodged for quotation. This development could impact the company’s financial standing and market operations, potentially influencing its strategic projects in Ghana and Western Australia.
Castle Minerals Limited has announced the quotation of 51,750,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of April 16, 2025. This move is part of previously announced transactions and is expected to impact the company’s operational capabilities and market presence, potentially influencing stakeholder interests and the company’s strategic positioning within the mining industry.
Castle Minerals Limited has completed a capital consolidation on a 30 to 1 ratio, as approved by shareholders, resulting in a new capital structure. This consolidation is expected to streamline the company’s operations and potentially enhance its market positioning. New holding statements are being issued to security holders, and trading on a post-consolidation basis will commence on April 15, 2025.
Castle Minerals Limited has announced an update to its previous proposal regarding the issuance of securities, specifically amending the timetable for the non-renounceable pro rata issue. This update reflects the company’s strategic efforts to manage its capital structure and align with regulatory requirements, potentially impacting its financial operations and investor relations.
Castle Minerals Limited has announced a non-renounceable pro-rata entitlement offer of Loyalty Options to raise up to $193,351.27. This offer is available to eligible shareholders in Australia, New Zealand, and Singapore, who must hold shares by the record date of April 28, 2025. The initiative aims to strengthen the company’s financial position and engage shareholders by offering options exercisable at $0.12, expiring on May 31, 2028.
Castle Minerals Limited announced that all resolutions proposed at its recent general meeting were successfully passed by a poll. These resolutions included the consolidation of capital, approval for issuing placement shares and unlisted options, and ratification of prior share issues. The approval of these resolutions is expected to strengthen the company’s financial position and support its strategic initiatives, potentially impacting its market positioning and benefiting stakeholders.
Castle Minerals Limited announced that James Guy has ceased to be a director as of April 8, 2025. The final director’s interest notice reveals his holdings in the company, including a significant number of ordinary shares and unlisted options. This transition in the board may impact the company’s strategic direction and stakeholder relations, as changes in leadership often influence operational and market strategies.
Castle Minerals Limited has appointed Brian Thomas as a Non-Executive Director, bringing his extensive experience in the mining and financial sectors to the company. This strategic appointment comes as Castle finalizes a $3 million placement to fund exploration in Ghana’s Upper West Region, enhancing its capacity to execute aggressive drilling programs. The company is also undergoing a board change with the retirement of long-serving director James Guy. These developments position Castle to advance its gold projects and capitalize on its under-explored tenure in the region.
Castle Minerals Limited has announced the commencement of a 2,500-meter reverse circulation (RC) drilling program at its Kpali Gold Project in Ghana’s Upper West Region. This initiative aims to explore extensions to high-grade gold zones at the Kpali and Bundi prospects, investigate new mineralization along the main shear zone, and evaluate artisanal miner workings south of Kpali. The drilling is expected to conclude by mid-April 2025, with results anticipated in early May. The company also plans a second drilling program at the Kandia Gold Project, highlighting the region’s potential for significant gold discoveries.
Castle Minerals Limited has announced an update regarding the issuance of new securities, which were initially disclosed on March 3, 2025. The update pertains to shares issued on March 7, 2025, as part of a non-renounceable pro rata issue. This move is expected to impact the company’s capital structure and could influence its market positioning by potentially increasing liquidity and funding for ongoing projects.
Castle Minerals Limited announced the issuance of 31,008,772 unquoted options, set to expire on July 20, 2026, at an exercise price of $0.0075. This issuance is part of previously announced transactions, potentially impacting the company’s financial strategies and offering stakeholders insights into its future operational plans.
Castle Minerals Limited has announced the quotation of 31,008,772 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code CDT, effective from March 7, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s liquidity and market presence, thereby impacting its operational capacity and attractiveness to stakeholders.
Castle Minerals Limited has announced a security consolidation, affecting several of its securities, including CDT ordinary fully paid shares and various options with different expiration dates. This reorganization is set to commence trading on a deferred settlement basis from April 10, 2025, with the record date on April 11, 2025, and the issue date on April 14, 2025. The consolidation requires multiple approvals, including security holder and court approvals, indicating a strategic move to streamline its securities structure, potentially impacting stakeholders and market perception.
Castle Minerals Limited has announced a proposed issue of securities, including options and ordinary shares, set to be issued on April 15, 2025. This move aims to raise capital for the company’s ongoing projects and strategic initiatives, potentially impacting its market position and offering opportunities for stakeholders to engage with the company’s growth trajectory.
Castle Minerals Limited has successfully raised $3 million through a share placement to fund its exploration activities in Ghana’s Upper West Region. The funds will be used to accelerate drilling campaigns at the Kpali and Kandia Gold Projects, where recent discoveries have shown promising gold mineralization. The company is also undertaking a capital consolidation to reduce share price volatility and enhance investment appeal, particularly to institutional investors. This strategic move is expected to better position Castle for future growth and success in the gold exploration industry.
Castle Minerals Limited has requested a trading halt on its securities, pending an announcement related to a capital raising initiative. This move indicates a potential strategic financial maneuver aimed at bolstering the company’s resources, which could have implications for its operational capabilities and market positioning.
Castle Minerals Limited announced significant gold intercepts from its recent RC drilling program at the Kpali Gold Prospect in Ghana. The results indicate shallow mineralization with high gold grades, enhancing the prospect’s status and suggesting the potential for a new mining camp in Ghana’s northern region. This discovery, together with results from the nearby Kandia Prospect, highlights the area’s potential as a promising exploration frontier. Further drilling is planned to expand the Kpali discovery and explore other nearby prospects, with the goal of establishing a substantial multi-prospect mineral resource. The announcement underscores Castle’s strategic focus on exploring high-potential gold prospects in West Africa, a region renowned for major gold discoveries.