ITINERANT RESOURCES PUBLIC LIMITED COMPANY

• ⚠

  Confirmation statement overdue

  Due 2026-02-22.

• ⚠

  Material uncertainty over going concern

  The Minister of Mines and Mining development has served a notice of intended cancellation of our mining lease. There is no certainty that this matter will be resolved in favour of Tinker Mining despite Itinerant Resources PLC's lawyers robustly challenging the decision. The final outcome of this remains unclear in terms of a ruling and timeline. Shareholders must provide sufficient new capital to meet the group's ongoing obligations. As the directors have yet to finalise a budget for mining and an investment case to shareholders, there is no certainty the Company will be fully financed to meet its 2025/2026 objectives.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  +816.4%

  £769 → £7,047

• Net assets

  -11%

  £227,350 → £202,387

  lowest in 4 filed years

• Employees

  0%

  2 → 2

• Operating profit

  +137.7%

  -£7,405 → £2,788

• Profit before tax

  +9.9%

  -£43,026 → -£38,785

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Shaw Gibbs Audit Ltd

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Minister of Mines and Mining development has served a notice of intended cancellation of our mining lease. There is no certainty that this matter will be resolved in favour of Tinker Mining despite Itinerant Resources PLC's lawyers robustly challenging the decision. The final outcome of this remains unclear in terms of a ruling and timeline. Shareholders must provide sufficient new capital to meet the group's ongoing obligations. As the directors have yet to finalise a budget for mining and an investment case to shareholders, there is no certainty the Company will be fully financed to meet its 2025/2026 objectives.”

Group structure

1. ITINERANT RESOURCES PUBLIC LIMITED COMPANY · parent
   1. Tinker Mining (Pvt) Limited 100% · Zimbabwe · Mineral Exploration

Significant events

• “The threat to cancel our mining lease at Montezuma still exists.”
• “The Ministry had registered claims on Montezuma to several parties who are working our property.”
• “Chinawa Attorneys were successful in obtaining a High Court order for the removal of illegal miners within the Montezuma lease area.”
• “The board had conversations with an interested party about an offer for Montezuma or a farm in arrangement, but proposal terms were lower than what the board could recommend to shareholders.”
• “The Minister of Mines and Mining Development has served a notice of intended cancellation of our mining lease.”
• “There is no certainty the Company will be fully financed to meet its 2025/2026 objectives.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.