New Risk • Feb 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 25% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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 (-CA$2.1m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 64% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.35m market cap, or US$6.12m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). New Risk • Dec 09
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: -CA$2.1m 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 (-CA$2.1m free cash flow). Earnings have declined by 64% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.82m market cap, or US$6.37m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). New Risk • Aug 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% 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 (43% average weekly change). Earnings have declined by 74% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$16.9m market cap, or US$12.2m). Ankündigung • Aug 20
Discovery Energy Metals Corp. announced that it has received CAD 1 million in funding On August 19, 2025, Discovery Energy Metals Corp closed the transaction. Ankündigung • Jul 16
Discovery Energy Metals Corp. announced that it expects to receive CAD 1 million in funding Discovery Energy Metals Corp. announced that it intends to complete a non-brokered private placement of up to 10,000,000 units of the Company at a price of CAD 0.10 per Unit for gross proceeds of up to CAD 1,000,000 on July 15, 2025. Each Unit will be comprised of one common share of the Company and one transferable share purchase warrant, with each warrant exercisable to acquire one common share of the Company at a price of CAD 0.15 per share for a period of 24 months from the date of issuance. The closing of the Offering is subject to certain conditions including, but not limited to, receipt of all necessary regulatory approvals. The Company may pay finder’s fees in connection with the Offering. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day pursuant to applicable securities law. Ankündigung • Jun 26
Discovery Energy Metals Corp. (CNSX:DEMC) completed the acquisition of Crystal Lake Copper Property from Zimtu Capital Corp. (TSXV:ZC). Discovery Energy Metals Corp. (CNSX:DEMC) signed a definitive agreement to acquire Crystal Lake Copper Property from Zimtu Capital Corp. (TSXV:ZC) for CAD 0.70 million on June 17, 2025. A cash consideration of CAD 0.2 million will be paid by Discovery Energy Metals Corp. The consideration consists of 1 million common equity of Discovery Energy Metals Corp. having a value of CAD 0.1 million to be issued for assets and 2 million common equity of Discovery Energy Metals Corp. having a value of CAD 0.2 million to be issued for assets of Crystal Lake Copper Property. Discovery Energy Metals Corp. will pay an contingent payment of CAD 0.2 million cash and 1 million common shares payable upon the discovery of a drill intercept exceeding 0.5% copper over 100 meters. As part of consideration, CAD 0.7 million is paid towards assets of Crystal Lake Copper Property.
All share issuances are subject to applicable hold periods and CSE approval.
Discovery Energy Metals Corp. (CNSX:DEMC) completed the acquisition of Crystal Lake Copper Property from Zimtu Capital Corp. (TSXV:ZC) on June 25, 2025. New Risk • May 31
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: -CA$3.4m 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 (-CA$3.4m free cash flow). Share price has been highly volatile over the past 3 months (28% average weekly change). Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.81m market cap, or US$2.78m). New Risk • Mar 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.17m market cap, or US$2.19m). New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% 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 (22% average weekly change). Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.76m market cap, or US$3.32m). Board Change • Dec 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Mike Hodge is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 13
Discovery Lithium Inc. announced that it expects to receive CAD 1 million in funding Discovery Lithium Inc. announced a non-brokered private placement of 10,000,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 1,000,000 on November 12, 2024. Each Unit will be comprised of one common share of the Company and one transferable share purchase warrant, with each warrant exercisable to acquire one common share of the Company at a price of CAD 0.15 per share for a period of 24 months from the date of issuance. Ankündigung • Nov 01
Discovery Lithium Inc., Annual General Meeting, Dec 27, 2024 Discovery Lithium Inc., Annual General Meeting, Dec 27, 2024. Location: british columbia, vancouver Canada Ankündigung • Oct 24
Discovery Lithium Inc. announced that it expects to receive CAD 0.55 million in funding Discovery Lithium Inc. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.055 per Unit for gross proceeds of up to CAD 550,000 on October 23, 2024. Each Unit will be comprised of one common share of the Company and one share purchase warrant, with each warrant exercisable to acquire one common share of the Company at a price of CAD 0.10 per share for a period of 24 months from the date of issuance. The closing of the Offering is subject to certain conditions including, but not
limited to, receipt of all necessary regulatory approvals. The Company may pay finder’s fees in connection with the Offering. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day pursuant to applicable securities law. Ankündigung • Sep 18
Discovery Lithium Inc. (CNSX:DCLI) completed the acquisition of Grove Lake and Whitefish Lake Mining Claims in Northwestern Ontario from Zimtu Capital Corp. (TSXV:ZC) Discovery Lithium Inc. (CNSX:DCLI) agreed to acquire Grove Lake and Whitefish Lake Mining Claims in Northwestern Ontario from Zimtu Capital Corp. (TSXV:ZC) for CAD 0.68 million on July 15, 2024. Pursuant to sale agreement among Discovery and Zimtu Capital Corp. (the “Vendor”), the Company has agreed to acquire a 100% interest in the Claims for the following consideration: a cash payment of CAD 432,778.50 to be paid to the Vendor within 180 days following closing of the Acquisition; and an aggregate of 2,000,000 common shares in the capital of the Company (“Discovery Shares”) to be issued to the Vendor upon closing. As additional consideration for the Acquisition, the Company will grant to the Vendor a 1% net smelter returns royalty interest in the future minerals produced from the Claims upon achieving commercial production. The completion of the Acquisition is subject to the acceptance of the Canadian Securities Exchange (the “CSE”). The Discovery Shares to be issued on closing will be subject to a hold period expiring four months and one day following closing.
Discovery Lithium Inc. (CNSX:DCLI) completed the acquisition of Grove Lake and Whitefish Lake Mining Claims in Northwestern Ontario from Zimtu Capital Corp. (TSXV:ZC) on September 17, 2024. Ankündigung • Aug 29
Discovery Lithium Inc. announced that it expects to receive CAD 1.35 million in funding Discovery Lithium Inc. announced a non-brokered private placement of 18,000,000 units at a price of CAD 0.075 per unit for the gross proceeds of CAD 1,350,000 on August 28, 2024. Each unit will comprise one common share of the company and one share purchase warrant, with each warrant exercisable to acquire one common share of the company at a price of CAD 0.1 per share for a period of 24 months from the date of issuance. The closing of the offering is subject to certain conditions including, but not limited to, receipt of all necessary regulatory approvals. The company may pay finder's fees in connection with the offering. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day pursuant to applicable securities law. Ankündigung • Jul 20
Discovery Lithium Inc. announced that it expects to receive CAD 1 million in funding Discovery Lithium Inc. announced a non-brokered private placement of up to 10,000,000 units at an issue price of CAD 0.10 per Unit for gross proceeds of up to CAD 1,000,000 on July 19, 2024. Each Unit will be comprised of one common share y and one share purchase warrant, with each warrant exercisable to acquire one common share of the Company at a price of CAD 0.15 per share for a period of 24 months from the date of issuance. The closing of the Offering is subject to certain conditions including, but not limited to, receipt of all necessary regulatory approvals. The Company may pay finder’s fees in connection with the Offering. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day pursuant to applicable securities law. Ankündigung • Jul 19
Discovery Lithium Inc. Announces CEO Changes Discovery Lithium Inc. announced the appointment of Mr. Mike Hodge as Chief Executive Officer ("CEO") of the Company. Mr. Hodge is a distinguished executive in the field of mining exploration and development, with a career spanning over two decades. From the field to the boardroom, Mr. Hodge has demonstrated exceptional leadership in the mining industry, navigating complex challenges and driving strategic growth initiatives. Prior to his appointment to CEO and President, Mr. Hodge was already a Director at Discovery Lithium, where he played a pivotal role in shaping the Company's direction and operational strategies. His deep understanding of exploration, and commitment to sustainable practices, has positioned Discovery Lithium as a key player in the global energy transition. Throughout his career, Mr. Hodge has been instrumental in fostering partnerships and expanding presence in key markets. His leadership will continue to drive innovation and excellence within the Company, ensuring it remains at the forefront of lithium exploration and development. Effective July 17, 2024, Mr. Michael Gheyle resigned from his position as CEO of the Company. New Risk • Jun 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (95% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.87m market cap, or US$3.55m). New Risk • Apr 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (94% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.92m market cap, or US$5.10m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Mar 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.3m (US$9.75m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (92% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.3m market cap, or US$9.75m). Ankündigung • Mar 22
Discovery Lithium Inc. (CNSX:DCLI) signed a letter of intent to acquire Midex Resources Ltd. Discovery Lithium Inc. (CNSX:DCLI) signed a letter of intent to acquire Midex Resources Ltd. on March 21, 2024. The LOI is non-binding, and completion of the Transaction is subject to the receipt of all necessary approvals and the satisfaction of a number of conditions, including the entering into of a definitive agreement and other customary conditions for a transaction of this nature. Ankündigung • Nov 29
Discovery Lithium Inc. announced that it has received CAD 1.91 million in funding On November 28, 2023, Discovery Lithium Inc. closed the transaction. The company issued an aggregate of 1,400,000 flow-through units at a price of CAD 0.65 per flow-through unit for gross proceeds of up to CAD 910,000 in its final tranche. In connection with the closing, GloRes Securities Inc. received 49,000 finder's warrants and Marquest Asset Management received a cash finder's fee of CAD 63,700 and 49,000 finder's warrants. Ankündigung • Nov 02
Discovery Lithium Inc. announced that it expects to receive CAD 1 million in funding Discovery Lithium Inc. announced a non-brokered private placement of 1,538,461 flow-through units of the company at a price of CAD 0.65 per FT unit for gross proceeds of up to CAD 1 million on November 01, 2023.Each FT unit consist of one common share of the company and one-half of one share purchase warrant. Each warrant exercisable to acquire one non-flow-through common share of the company at a price of CAD 0.75 per warrant share for a period of 24 months from the date of issuance. The closing of the offering is subject to certain conditions, including, but not limited to, receipt of all necessary regulatory approvals. The company may pay finders' fees in connection with the offering. Ankündigung • Oct 31
Discovery Lithium Inc. Confirms Multiple Surface Pegmatites At Eastern Quebec Property Discovery Lithium Inc. announced the verification of lithium prospective surface pegmatites at its recently acquired Lac Belanger and Lac Ferland claims in Eastern Quebec. An exploration crew, provided by Axium Exploration Group, was tasked to prospect, map, and sample the claims in an effort to verify potential pegmatite occurrences identified in a high-resolution satellite imagery study of the claim area. Of particular note, a substantial pegmatite outcrop was confirmed on the Lac Belanger claim block and was determined to contain quantities of tourmaline and beryl. These minerals are indicative of a high degree of fractionation, a sign that spodumene may be present in the pegmatite or other pegmatites in the immediate vicinity. Rock samples were collected over the length of the pegmatite as well as nearby pegmatite occurrences and rock units across both claim blocks which have been transported for analysis. Ankündigung • Oct 24
Discovery Lithium Inc. Announces That as A Result of Encouraging Preliminary Results of Its Initial Late Summer Sampling and Mapping Campaign in the Northern Quebec Region of Nunavik, the Company Has Elected to Undertake an Immediate 3-Day-Follow-Up Program on Key Vaubert Lake Claim Targets of Interest Discovery Lithium Inc. announced that as a result of encouraging preliminary results of its initial late summer sampling and mapping campaign in the northern Quebec region of Nunavik, the Company has elected to undertake an immediate 3-day-follow-up program on key Vaubert Lake claim targets of interest. During phase one of its growing multi-phase strategic exploration plan, the Discovery field team identified anomalous data occurrences considered highly prospective for lithium. This data is based on extensive cross-referenced mapping, a series of visual inspections of rock and soil sampling, along with field results from handheld LIBS (Laser Induced Breakdown Spectroscopy) analysis. Based on these encouraging preliminary results, the Company has initiated an immediate second phase exploratory sampling campaign to further study the target locations and surroundings in greater detail prior to the onset of winter conditions. Per the initial sampling, all new samples from the follow-up program will also be sent to SGS Laboratories for analysis. The sample results, including the mapping and related data will be used by the Company to determine the most prospective drill targets on the Vaubert Lake Project. Vaubert Lake, Nunavik, Nord-du-Québec Region: Highly recognized, award-winning prospector and project proponent Shawn Ryan has led the way in identifying the mining-friendly Nunavik region through his extensive soil studies and he has advised the Company regarding the use of best practice fieldwork programs. Discovery Lithium’s massive claim holdings are located directly upon some of the highest lake bottom sediment anomalies in the entire province. This data represents 99th percentile lithium and cesium as identified in the official Quebec government ministry database. Over the summer, Discovery Lithium engaged Ground Truth Exploration to deploy experienced research teams onto the Nunavik properties for an extensive mapping and sampling campaign. Previously determined to be an excellent location for rare-element pegmatites including favourable lithological rock-types and structural interpretation of regional magnetics which are coincident with very high lithium, cesium, and rubidium lake sediment samples. All samples collected over the summer have been shipped to SGS Laboratories with assay results anticipated by the end of November. Based on these results the Company will develop drill targeting and logistics for follow-up campaigns aimed at developing the properties for future valuation purposes. The technical content of this news release has been reviewed and approved by Mike Kilbourne, P. Geo., (OGQ # 1971) who is an independent Qualified Person (QP) as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. This news release includes market and industry data obtained from publicly available sources and other sources believed by the Company to be true. Although the Company believes it to be reliable, the Company has not independently verified any of the data from third-party sources referred to in this news release or analyzed or verified the underlying reports relied upon or referred to by such sources, or ascertained the underlying assumptions relied upon by such sources. The Company does not make any representation as to the accuracy of such information. Board Change • Sep 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Ryan Arthur was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Aug 15
ISM Resources Corp. announced that it has received CAD 3.00001 million in funding On August 14, 2023, ISM Resources Corp. closed the transaction. The company has issued 5,714,285 flow-through units at an issue price CAD 0.35 per unit for gross proceeds of CAD 1,999,999.75 in its second tranche. Each flow-through unit consists of one flow-through common share and one common share purchase warrant. Each warrant entitles the holder thereof to acquire one additional share, at an exercise price of CAD 0.70 per warrant share until August 14, 2025. The securities issued pursuant to the offering are subject to a four-month hold period ending on December 15, 2023, under applicable Canadian securities laws. The company has paid finder's fee of approximately CAD 60,588 in cash and 173,109 finder’s warrants. Each finder’s warrant entitles the holder thereof to acquire one common share of the company at CAD 0.70 until August 14, 2025. Ankündigung • Jun 16
ISM Resources Corp. Announces the Appointment of Michael Gheyle as the Company's New President ISM Resources Corp. announced the appointment of Michael Gheyle as the Company's new President and ongoing Chief Executive Officer. The appointment comes in the wake of the Company's recent receipt of the resignation of Glenn Collick as both the President and as a director of the Company. Ankündigung • May 30
ISM Resources Corp. announced that it expects to receive CAD 1 million in funding ISM Resources Corp. announced a non-brokered private placement to issue units for the gross proceeds of not less than CAD 1,000,000 on May 29, 2023. Each unit consists of one common share and one share purchase warrant and with each Warrant being exercisable for an additional common share of ISM at the market price of common shares at the time of placement and exercisable for a period of up to two years from the date of issuance. Ankündigung • May 26
ISM Resources Corp. Announces Additional Exploration Work Program on ESN Gold Project ISM Resources Corp. announced that an Enzyme Leach geochemical survey will commence following the completion of the helicopter-borne geophysical survey (announced on May 18th, 2023) on the Company's ESN project located in White Pine County, Nevada. The proposed work program will be completed by Trend Resources LLC (Trend) who completed the first Enzyme Leach program of 138 samples in June of 2021 as stated in the Company's recently filed NI 43-101 Report filed on Sedar and posted on the Company's website. This second Enzyme Leach Program will include 226 samples covering the recommended area for analysis and complement the previous information already received by the Company. Once completed a further recommendation would be to drill the areas favorably indicated by the Enzyme Leach soil sampling and the geophysical survey. This drill phase would be dependent on the results of the sampling and geophysical phases. Ankündigung • Feb 14
ISM Resources Corp., Annual General Meeting, Apr 25, 2023 ISM Resources Corp., Annual General Meeting, Apr 25, 2023. Location: 1055 W. Georgia Street, Suite 1500 Vancouver Canada 