Cannon Resources
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Cannon Resources is the spinout of Rox Resources' non-core nickel and base metal assets.
It is a mineral resources exploration company established for the purpose of maximising the value of its Fisher East Nickel Project and the Collurabbie Nickel Project.
Cannon Resources listed on the ASX in August 2021.
Kedalion Nickel completed the acquisition of Cannon in February 2023.
Contact Details
Level 2, 87 Colin Street, WEST PERTH WA 6005
08 9226 0044
Lists and Charts
Share price
Closing price for the last 90 trading days
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Share Transactions
Total value as at the date of the transaction
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Company Activity
| RANKING: 452 Down from 449 in Public Companies - Resources WA list | 09 Dec 2023 |
| RANKING: 449 Down from 444 in Public Companies - Resources WA list | 02 Oct 2023 |
| M&A DEAL: New deal has been added | 20 Jan 2023 |
| NEWS: Tagged in Cannon a target for takeover | 31 Oct 2022 |
| NEWS: Tagged in Board Moves September 5, 2022 | 05 Sep 2022 |
| NEWS: Tagged in Board Moves June 28, 2022 | 28 Jun 2022 |
| NEWS: Tagged in Board Moves June 24, 2022 | 24 Jun 2022 |
| NEW ROLE: Mark Stowell, Non-Executive Director | 24 Jun 2022 |
| ECM DEAL: New deal has been added | 22 Dec 2021 |
News Articles
Related Information
Notable People
| Name | Position | Year Started |
|---|---|---|
| Company Secretary | 2021 |
| Non-Executive Director | 2021 |
| Non-Executive Director, Chair since 2022 | 2021 |
| Non-Executive Director | 2022 |
Past People
| Name | Position | Year Started | Year Ended |
|---|---|---|---|
| Trevor Benson | Non-Executive Chair | 2021 | 2022 |
| Stephen Lynn | Chief Executive | 2021 | 2022 |
| Matthew Worner | Company Secretary | 2021 | 2021 |
ECM Deals
| Date | Company | Transaction Type | Total Value | |
|---|---|---|---|---|
| 19/10/21 | Cannon Resources | Placement | $4.0m | >> |
| 12/08/21 | Cannon Resources | Initial public offering | $6.0m | >> |
M&A Deals
| Announced | Bidder | Target | Transaction Type | Total Value | |
|---|---|---|---|---|---|
| 31/10/22 | Cannon Resources | Acquisition | $38.5m | >> | |
| 31/03/21 | Cannon Resources | Rox Resources | Demerger | $9.0m | >> |
