New Risk • Mar 19
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$329k 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$329k free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.34m market cap, or US$4.62m). Ankündigung • Oct 22
Quebec Rare Earth Elements Corp., Annual General Meeting, Dec 19, 2025 Quebec Rare Earth Elements Corp., Annual General Meeting, Dec 19, 2025. New Risk • Aug 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$484k 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$484k free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Earnings have declined by 2.7% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.52m market cap, or US$2.57m). New Risk • Aug 29
New major risk - Revenue and earnings growth Earnings have declined by 7.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (48% average weekly change). Earnings have declined by 7.8% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.77m market cap, or US$2.75m). New Risk • Mar 28
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$472k 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$472k free cash flow). Share price has been highly volatile over the past 3 months (49% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.77m market cap, or US$1.94m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Ankündigung • Jun 06
Quebec Rare Earth Elements Corp. announced that it has received CAD 1.04144 million in funding On June 5, 2024, Quebec Rare Earth Elements Corp. closed the transaction. The company announced that it has issued 4,203,333 common shares at an issue price of CAD 0.15 per Common Share for the gross proceeds of CAD 630,499.50 and 2,283,000 flow-through common shares at a price of CAD 0.18 per FT Share for gross proceeds of CAD 410,940; aggregate gross proceeds of CAD 1,041,439.95. All securities issued pursuant to the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The transaction was oversubscribed. Board Change • Jun 05
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. 2 experienced directors. No highly experienced directors. Technical Advisor Kelly Malcolm is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Ankündigung • May 17
Quebec Rare Earth Elements Corp. announced that it expects to receive CAD 1.002 million in funding Quebec Rare Earth Elements Corp. announced a non-brokered private placement through the issuance of up to 5,000,000 common shares at a price of CAD 0.15 per share for the gross proceeds of CAD 750,000 and 1,400,000 flow-through common shares at a price of CAD 0.18 per share for the gross proceeds of CAD 252,000, for total gross proceeds of CAD 1,002,000 on May 16, 2024. Insiders of the company intend to subscribe for CAD 300,000 in the Offering. All securities issued pursuant to the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. Ankündigung • Mar 08
Quebec Rare Earth Elements Corp. (CNSX:QREE) completed the acquisition of 45 claims representing approximately 2,430 hectares north of Lake. Quebec Rare Earth Elements Corp. (CNSX:QREE) agreed to acquire 45 claims representing approximately 2,430 hectares north of Lake for CAD 0.45 million on February 28, 2024. As consideration for the Property, the Company will issue the Seller an aggregate of 3,000,000 common shares in the capital of the Company at a deemed price of CAD0.15 per Common Share.
Quebec Rare Earth Elements Corp. (CNSX:QREE) completed the acquisition of 45 claims representing approximately 2,430 hectares north of Lake on March 7, 2024. Recent Insider Transactions • Feb 25
Independent Non-Executive Chairman recently bought CA$124k worth of stock On the 20th of February, John Jentz bought around 2m shares on-market at roughly CA$0.07 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Board Change • Feb 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Technical Advisor Kelly Malcolm is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Ankündigung • Jan 25
Quebec Rare Earth Elements Corp. Announces Board Changes Quebec Rare Earth Elements Corp. announced that at its annual general and special shareholder meeting held on January 24, 2024 elected Richard Roy as director of the company. Richard Roy: Richard Roy brings over 30 years of experience in the mineral resource industry across three continents, including extensive experience with underground and open pit mine geology. Richard has held the position of Vice President New Ventures with Endeavour Mining Corporation upon the completion of the acquisition of SEMAFO Inc. in March 2020. Mr. Roy spent almost 11 years with SEMAFO Inc. (as the Exploration Manager and subsequently holding the position of Vice President Exploration), where he focused on target selection and prioritization, and was part of the acquisition team looking at opportunities of a variety of grassroots to late-stage level projects. Mr. Roy has designed and implemented successful exploration programs and mine feasibility programs in Mexico and North America, working for companies such as Aur Resources, Placer Dome, and several other junior companies. He has been involved in the discovery of several gold deposits that ultimately reached the mining stage. Mr. Roy has worked with various geological environments and commodities including precious and base metals located in diverse challenging environments such as the Canadian Arctic and African desert. Mr. Roy holds a B.Sc. in Geology from Concordia University in Montreal and is a member of the Ordre des Géologues du Québec. Mr. Trumbull Fisher did not stand for re-election at the Meeting. Ankündigung • Nov 29
Quebec Rare Earth Elements Corp. (CNSX:QREE) acquired Additional Lands Abutting the Lynx REE project in Quebec. Quebec Rare Earth Elements Corp. (CNSX:QREE) acquired Additional Lands Abutting the Lynx REE project in Quebec on November 27, 2023. QREE is in the process of establishing a 2024 work program for Lynx. As the Company continues to evaluate its existing pre-resource REE properties, Lynx and Carcajou, it is also evaluating external development projects (PEA or better) with published technical studies. The work plan for 2024 will be communicated when approved.
Quebec Rare Earth Elements Corp. (CNSX:QREE) completed the acquisition of Additional Lands Abutting the Lynx REE project in Quebec on November 27, 2023. Ankündigung • Nov 24
Quebec Rare Earth Elements Corp. Announces Chief Financial Officer Changes Quebec Rare Earth Elements Corp. announced that Martin Milette has been appointed chief financial officer, replacing Arvin Ramos. Mr. Milette has over 25 years of financial experience, with the last 15 years as chief financial officer at SEMAFO, a West African gold producer. Ankündigung • Nov 21
Quebec Rare Earth Elements Corp., Annual General Meeting, Jan 24, 2024 Quebec Rare Earth Elements Corp., Annual General Meeting, Jan 24, 2024. Agenda: Annual General & Special Meeting. Ankündigung • May 27
Metallica Metals Corp. (CNSX:MM) completed the acquisition of 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec Metallica Metals Corp. (CNSX:MM) agreed to acquire 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec for CAD 1.36 million on May 16, 2023. As consideration for the Property, the Company will issue the Sellers an aggregate of 8 million common shares of Metallica Metals. All securities issued pursuant to the Acquisition will be subject to a statutory hold period of four months.Metallica Metals Corp. (CNSX:MM) completed the acquisition of 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec on May 25, 2023. Ankündigung • May 18
Metallica Metals Corp. (CNSX:MM) agreed to acquire 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec for CAD 1.36 million. Metallica Metals Corp. (CNSX:MM) agreed to acquire 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec for CAD 1.36 million on May 16, 2023. As consideration for the Property, the Company will issue the Sellers an aggregate of 8,000,000 common shares in the capital of the Company at a deemed price of $0.13 per Common Share. All securities issued pursuant to the Acquisition will be subject to a statutory hold period of four months and one day from the issuance thereof, as applicable, in accordance with applicable securities laws. Board Change • Feb 02
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. 1 experienced director. No highly experienced directors. 1 independent director (2 non-independent directors). Director Paul Teniere is the most experienced director on the board, commencing their role in 2019. Independent Director Trumbull Fisher was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Jan 17
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. 1 experienced director. No highly experienced directors. 1 independent director (2 non-independent directors). Director Paul Teniere is the most experienced director on the board, commencing their role in 2019. Independent Director Trumbull Fisher was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Ankündigung • Jan 10
Metallica Metals Corp. Announces Board Changes Metallica Metals Corp. announced that at its annual general shareholder meeting held on January 9, 2023, Ms. Carly Burk has been elected as a new director of the Company. Ms. Burk practices securities law and works with both public and private issuers. Ms. Burk holds a Bachelor of Laws from the University of Southampton, a Certificate of Qualification from the Federation of Law Societies and a Bachelor of Arts (Honours) from Carleton University. Ms. Burk serves as an officer and/or director of several public and private entities. Ms. Sandy Noyes did not stand for re-election at the Meeting. Ankündigung • Nov 09
Metallica Metals Corp., Annual General Meeting, Jan 09, 2023 Metallica Metals Corp., Annual General Meeting, Jan 09, 2023. Board Change • Jun 08
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. President & Director Paul Teniere is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Ankündigung • Dec 11
Cameo Industries Corp. announced that it expects to receive CAD 0.3 million in funding Cameo Industries Corp. (CNSX:CRU) announced a non-brokered private placement of up to 2,000,000 units at a price of CAD 0.15 per unit for gross proceeds of CAD 300,000 on December 9, 2020. Each unit consists of one common share and one transferable share purchase warrant. Each warrant entitles the holder thereof to purchase one additional common share of the company for a period of two years from closing at a price of CAD 0.20 per common share. All securities issued pursuant to the transaction are subject to a statutory four-month hold period. The company may pay a finder’s fee subject to the policies of the Canadian Securities Exchange. Any insider participation in the transaction is unknown at this time. Ankündigung • Nov 06
Taranis Resources Inc. (TSXV:TRO) entered into an exclusive letter of intent to acquire Fortytwo Metals Inc. from Cameo Industries Corp. (CNSX:CRU) for $0.39 million. Taranis Resources Inc. (TSXV:TRO) entered into an exclusive letter of intent to acquire Fortytwo Metals Inc. from Cameo Industries Corp. (CNSX:CRU) for $0.39 million on November 4, 2020. As a consideration 3.6 million common shares to be issued to Cameo Industries, up to 0.4 million common shares to be issued to an arm’s length finder and 4 million common shares to be issued to MX Gold Corp. as consideration for the purchase of the 50% net profits interest held by MXG. As additional consideration for the purchase by Taranis of the net profits interest, Taranis shall pay to MXG $1 million. The letter of intent provides that it will be superseded and replaced with a more formal definitive agreement. Completion of the transaction is subject to a number of conditions including, but not limited to, TSX Venture Exchange acceptance. Ankündigung • Aug 27
Cameo Industries Corp. (CNSX:CRU) agreed to acquire Gochager Lake Nickel-Copper-Cobalt project claims from BioELife Corp. (OTCPK:LITH) for for $1.1 million. Cameo Industries Corp. (CNSX:CRU) agreed to acquire Gochager Lake Nickel-Copper-Cobalt project claims from BioELife Corp. (OTCPK:LITH) for $1.1 million on March 8, 2018. Under the terms of the agreement, Cameo will issue 1 million common shares and pay US$60,000 to BioELife Corp. Additionally, one of the parties from whom the BioELife Corp. acquired the project will retain a 2% net smelter royalty on the claims. The Company will have the right to buy back 1% of the NSR for a purchase price of US$1.25 million. The transaction is subject to the approval of the TSX Venture Exchange, and all shares issued under the transaction will be subject to a four month hold period.