New Risk • Jun 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$202k 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$202k free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€1.43m market cap, or US$1.63m). Board Change • May 20
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. 3 non-independent directors. Independent Director Mark Layne Ferguson was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • May 07
Patterson Metals Corp., Annual General Meeting, Jun 18, 2026 Patterson Metals Corp., Annual General Meeting, Jun 18, 2026. Location: british columbia, vancouver Canada Board Change • Dec 30
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. 3 non-independent directors. Independent Director Mark Layne Ferguson was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 18
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. 3 non-independent directors. Independent Director Mark Layne Ferguson was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • May 03
Patterson Metals Corp. announced that it expects to receive CAD 1 million in funding Patterson Metals Corp. announced a non-brokered private placement that it will issue up to 3,703,704 units at an issue price of CAD 0.27 per unit for the gross proceeds of up to CAD 1,000,000.08 on May 2, 2025. Each unit will consist of one common share of the company and one common share purchase warrant entitling the holder to acquire an additional common share at a price of CAD 0.36 for a period of 36 months. In connection with completion of the offering, the company may pay finders' fees to eligible parties that assisted in introducing subscribers to the company. All securities to be issued in connection with the offering will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. Completion of the offering remains subject to approval of the TSX Venture Exchange. Ankündigung • Apr 01
Patterson Metals Corp. (TSXV:PAT) acquired Pendleton Lake Exploration Corp. Patterson Metals Corp. (TSXV:PAT) entered into an agreement to acquire Pendleton Lake Exploration Corp for CAD 0.28 million on March 10, 2025. Patterson will acquire all the shares of Pendleton Lake in exchange for the issuance of 0.5 million common shares to the existing shareholder of Pendleton Lake. Pendleton Lake holds the right to acquire the Pendleton Lake Uranium project, subject to a one-percent royalty on net smelter returns, by completing a series of exploration expenditures totaling $500,000. Completion of the Acquisition remains subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing deliveries.
Patterson Metals Corp. (TSXV:PAT) acquired Pendleton Lake Exploration Corp on March 31, 2025. Ankündigung • Mar 12
Patterson Metals Corp. (TSXV:PAT) entered into an agreement to acquire Pendleton Lake Exploration Corp for CAD 0.28 million. Patterson Metals Corp. (TSXV:PAT) entered into an agreement to acquire Pendleton Lake Exploration Corp for CAD 0.28 million on March 10, 2025. Patterson will acquire all the shares of Pendleton Lake in exchange for the issuance of 0.5 million common shares to the existing shareholder of Pendleton Lake. Pendleton Lake holds the right to acquire the Pendleton Lake Uranium project, subject to a one-percent royalty on net smelter returns, by completing a series of exploration expenditures totaling $500,000. Completion of the Acquisition remains subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing deliveries. Board Change • Dec 30
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. 3 non-independent directors. Independent Director Mark Layne Ferguson was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 26
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$477k 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$477k free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€2.54m market cap, or US$2.84m). Minor Risk Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Ankündigung • Jun 26
Trench Metals Corp., Annual General Meeting, Aug 21, 2024 Trench Metals Corp., Annual General Meeting, Aug 21, 2024. Ankündigung • Dec 19
Trench Metals Corp. announced that it has received CAD 0.286 million in funding Trench Metals Corp. announced a non-brokered private placement that it has issued 2,200,000 units at a price of CAD 0.13 per unit for the gross proceeds of CAD 286,000 on December 18, 2023. Each unit consists of one flow-through common share and one share purchase warrant, entitling the holder to acquire an additional non-flow-through common share at a price of CAD 0.20 until December 18, 2024. In connection with completion of the offering, the company paid CAD 17,160 and issued 132,000 non-transferable share purchase warrants to an arm's-length third party that assisted in introducing the subscriber to the offering. The finder's warrants are exercisable on the same terms as the warrants. All securities issued in connection with the offering are subject to restrictions on resale until April 19, 2024, in accordance with applicable securities laws. Ankündigung • Oct 13
Trench Metals Corp. Announces Exploration Plans for Carter Lake Uranium Project Trench Metals Corp. announced its detailed exploration plan for the Carter Lake Uranium Project. The exploration program at the Carter Lake Uranium Project has been thoughtfully divided into two distinct phases, each aimed at maximizing the project's potential and ensuring accurate geological mapping. The comprehensive program aims to unlock the project's full potential and provide valuable insights into the region's geological features. The Company is committed to executing a meticulously planned and environmentally responsible exploration program. Phase One: Airborne MT Survey. The first phase of the program involves conducting an airborne Magnetotelluric (MT) survey. This survey technique will accurately map basement depths and geological features both at the unconformity and within the basement rocks. MT surveys are renowned for their effectiveness in penetrating subsurface layers, with a range of several kilometers. This technology offers superb resolution, enabling to identify faults, contacts, and geological domains with precision. Phase Two: Diamond Drilling. Following the completion of the MT survey, the program will move on to its second phase, which entails diamond drilling. This phase aims to test the two primary target zones, TZ1 and TZ2, both at the unconformity & within the basement. The program will involve two setups, each with three 600-meter drill holes, totaling 3600 meters of drilling. This strategic approach will provide valuable core samples for in-depth analysis. The Company is actively in the process of securing an experienced exploration team to spearhead these phases of the program. The selection process will prioritize expertise and a commitment to environmental responsibility. The Company is dedicated to maintaining transparent communication with its shareholders as the timing of the program's execution is determined. Regular updates will be provided to ensure that investors remain well-informed throughout the exploration process. As part of corporate responsibility, the Company emphasizes environmental stewardship and community collaboration. The company is committed to conducting exploration activities in an environmentally responsible manner, adhering to all relevant regulations and guidelines. Moreover, the company will work closely with local communities to ensure that operations are conducted with respect and consideration for their interests and concerns. The Company is excited about the potential that the Carter Lake Uranium Project holds and is confident that this exploration program will pave the way for a successful future in uranium resource development. Ankündigung • Sep 22
Trench Metals Corp. Confirms Technical Review of Carter Lake Uranium Trench Metals Corp. announced its ongoing review of technical datasets from the Company's wholly owned Carter Lake Uranium Project. Situated on the prolific west side of the Athabasca Basin, this project holds immense promise for contributing to a cleaner, greener energy future. The comprehensive review includes geophysical and geological data, and notably, ground-sourced radon gas emission data-an essential vector for detecting the presence of uranium. These efforts will yield well-defined exploration targets, providing a clear path forward for upcoming programs. In an era marked by a growing global commitment to environmental sustainability, uranium has taken center stage as a crucial element in the transition to a cleaner power grid. This year has seen a notable uptick in uranium prices, reflective of heightened interest and investment in the sector. As the world takes significant steps towards a more sustainable and environmentally responsible energy landscape, nuclear power is poised to play an essential role. The ongoing review of technical datasets at the Carter Lake Uranium Project aligns perfectly with the Company's strategic vision. The Company is committed to advancing its uranium projects, leveraging its expertise and resources to unlock their full potential in support of a sustainable energy future. The Company adheres to all applicable regulations and standards, ensuring that its activities are conducted with utmost care for the environment and local communities. New Risk • Sep 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.0% This is considered a minor 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 (21% average weekly change). Earnings have declined by 59% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€8.17m market cap, or US$8.71m). Minor Risk Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Ankündigung • Sep 16
Trench Metals Corp. (TSXV:TMC) completed the acquisition of Carter Lake Uranium Project from Carter Lake Resource Corp. Trench Metals Corp. (TSXV:TMC) has entered into an agreement to acquire Carter Lake Uranium Project from Carter Lake Resource Corp on August 31, 2023. Pursuant to the terms of the Acquisition, the Company proposes to acquire all of the outstanding share capital of CLR Corp in consideration for the issuance of 2.6 million common shares of the Company to the Vendor. Completion of the Acquisition remains subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing deliveries.
Trench Metals Corp. (TSXV:TMC) completed the acquisition of Carter Lake Uranium Project from Carter Lake Resource Corp on September 14, 2023. Ankündigung • Jul 12
Trench Metals Corp. announced that it expects to receive CAD 2.5 million in funding Trench Metals Corp. announced a non-brokered private placement to issue 10,000,000 units of the at a price of CAD 0.25 per Unit to raise gross proceeds of CAD 2,500,000 on July 10, 2023.. Each Unit will consist of one common share and one common share purchase warrant. Each Warrant will entitle the holder to purchase one common share of the Company at a price of CAD 0.30 at any time on or before the date which is twelve months after closing of the Offering. The Company may pay finders’ fees to eligible parties who have assisted in introducing subscribers to the Offering. All securities issued in connection with the Offering will be subject to restriction on resale for a period of four-months-and-one-day in accordance with applicable securities laws. Closing of the Offering remains subject to the approval of the TSX Venture Exchange. Ankündigung • Jun 23
Trench Metals Corp. Announces 2023 Prospective Program for Higginson Lake Uranium Project in Athabasca, Saskatchewan Trench Metals Corp. unveiled the details of its 2023 prospecting program at the Company's Higginson Lake Uranium Project in Northern Saskatchewan. The program seeks to capitalize on the success of the 2022 program, which yielded promising results at the Peterson Rapids Showing. The Peterson Rapids Showing, situated just southeast of the rapids between Peterson and Higginson Lake, approximately 11.3 kilometers southeast of Charlebois Lake, exhibited promising indicators during last year's campaign. As a result, Trench Metals is set to undertake extensive subsequent activities to delve deeper into this prospective zone. Additionally, the Company will broaden its investigative scope to incorporate the Charlebois Lake Showings andianne Uranium Showings, situated about 7 kilometers southeast of the Higginson Lake Uranium project. These regions present significant potential for uranium deposits and warrant thorough examination to uncover their true resource potential. The Company's 2023 Prospecting program will employ cutting-edge technology, utilizing scintillometers. These advanced instruments will play a vital role in identifying high-priority targets for trenching and drilling. The Company aims to maximize efficiency and expedite the exploration process by employing man-portable drills. Trench Metals remains committed to upholding the highest environmental and safety standards throughout its exploration endeavors. The Company is committed to the enforcement of stringent protocols and compliance with regulatory prerequisites to guarantee ethical and sustainable operations. Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and is responsible for and has approved the technical information in this release. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Mark Layne Ferguson was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Mark Ferguson 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 independent directors. Lack of experienced directors. 
