Completion of Capital Consolidation
Released
Released
Announcement PDF
Castle Minerals Limited
ASX Announcement
14 April 2025
Completion of Capital Consolidation
Castle Minerals Limited (ASX: CDT) (“Castle”, the “Company”) advises that the consolidation of the
Company’s issued capital on a ratio basis of 30 to 1 is now complete, as approved by shareholders at the
Company’s general meeting held on 8 April 2025.
The Company’s post consolidation capital structure is set out in the following table:
Capital Structure Post Capital Consolidation
Number
Shares
Fully paid ordinary shares [CDT]
64,259,570
Unlisted Options
Unlisted Options Exp 20/07/2026 @ $0.225 [CDTAD]
3,481,471
Unlisted Options Exp 22/12/2026 @ $0.15 [CDTAE]
12,699,985
Unlisted Options Exp 30/06/2025 @ $0.90 [CDTAM]
1,199,998
Unlisted Options Exp 31/10/2026 @ $0.54 [CDTAN]
1,299,997
Unlisted Options Exp 20/07/2026 @ $0.225 [CDTAO]
1,948,033
New holding statements are being dispatched to security holders advising them of their securities held on
a post consolidation basis.
Normal T+2 settlement trading of securities on a post consolidation basis will commence on Tuesday 15
April 2025 (ASX:CDT).
For and on behalf of the Board
Jade Styants
Company Secretary
Castle Minerals Limited
Principal and Registered Office Suite 9 / 11 Ventnor Ave, West Perth, WA 6005 | Postal PO Box 437 West Perth, WA 6872
Contact admin@castleminerals.com | www.castleminerals.com | Telephone +61 8 93227018
Castle Minerals Limited (ASX: CDT)
Completion of Capital Consolidation
ABOUT CASTLE MINERALS
Castle Minerals Limited is an Australian Securities Exchange (ASX: CDT) listed
and Perth, Western Australia headquartered company with interests in several
projects in Ghana and Western Australia that are prospective for gold, graphite
and base metals.
In Ghana, West Africa, Castle’s 100% owned Ghanaian subsidiary, Carlie
Mining Ltd, owns the Kpali Gold Project in the Upper West Region which
comprises the Kpali, Kpali East and Bundi gold prospects. The Kandia Gold
Project, is a separately located standalone discovery. All occur in highly
prospective Birimian geological terrane, the host to many of West Africa’s and
Ghana’s multi-million-ounce gold mines.
The 100% owned Kambale Graphite Project is also located in Ghana’s Upper
West Region. It is being progressed through technical and commercial
evaluation for the production of battery grade material to be used in lithium-ion
battery manufacture.
Farm-outs or sales have been or are being sought for the Company’s West
Australian projects: The Polelle Project, 7km southeast of the operating
Bluebird gold mine near Meekatharra, hosts a mainly obscured and minimally
explored greenstone belt prospective for gold and possibly base metals. The
Wanganui Project is prospective for down-plunge high-grade gold shoots.
Both have been optioned for purchase to Great Boulder Resources Limited
(ASX: GBR) for possible incorporation into its emerging Side Well project.
The Terra Rossa copper-zinc project is located on the western edge of the
Earaheedy Basin. It is adjacent to the evolving World-Class Chinook-Magazine
zinc-lead project of Rumble Resources Ltd (ASX: RTR).
The Beasley Creek Project is prospective for gold and lithium and lies on the northern flanks of the Rocklea
Dome in the southern Pilbara.
Page 2 of 2
Share your feedback
Discover