New Risk • Jun 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$838k 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$838k free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-CA$1.4m). Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$26.0m market cap, or US$18.6m). New Risk • Jun 07
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$1.1m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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). Negative equity (-CA$1.1m). Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$24.1m market cap, or US$17.3m). New Risk • Jun 04
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 21% 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$838k free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$21.0m market cap, or US$15.1m). New Risk • Jun 02
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$838k 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$838k free cash flow). Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$17.3m market cap, or US$12.5m). Anuncio • May 01
PlasCred Circular Innovations Inc., Annual General Meeting, Jun 03, 2026 PlasCred Circular Innovations Inc., Annual General Meeting, Jun 03, 2026. New Risk • Apr 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% 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 Negative equity (-CA$827k). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (19% average weekly change). Market cap is less than US$100m (CA$15.0m market cap, or US$11.0m). Anuncio • Mar 31
PlasCred Circular Innovations Inc. announced that it expects to receive CAD 5 million in funding PlasCred Circular Innovations Inc announced non-brokered private placement to issue up to 29,411,765 units at an issue price of CAD 0.17 per per unit for gross proceeds of up to CAD 5,000,000 on March 30, 2026. Each unit is comprised 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 0.22 per share for a period of 36 months following the closing date of the private placement. The Company may pay finders fees to eligible persons who introduce subscribers to the offering, a cash commission equal to 7% of the gross proceeds raised from the sale of units to subscribers introduced by such person. The completion of the offering is subject to the receipt of all required regulatory approvals, including approval from the CSE. The offering is expected to close on or about April 16, 2026. New Risk • Feb 20
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 20% 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$994k free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-CA$827k). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.5m market cap, or US$9.89m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). New Risk • Dec 03
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$994k 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$994k free cash flow). Negative equity (-CA$827k). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.78m market cap, or US$6.28m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). New Risk • Jul 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% 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 (21% average weekly change). Negative equity (-CA$775k). Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$10.9m market cap, or US$7.93m). Anuncio • Jul 22
PlasCred Circular Innovations Inc. announced that it has received CAD 0.819 million in funding On July 21, 2025, PlasCred Circular Innovations Inc. closed the transaction. The company issued 16,380,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 819,000. New Risk • May 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% 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 (22% average weekly change). Negative equity (-CA$548k). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.44m market cap, or US$3.24m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Anuncio • Apr 22
PlasCred Circular Innovations Inc. announced that it expects to receive CAD 0.5 million in funding PlasCred Circular Innovations Inc announced non-brokered private placement will consist of up to 10,000,000 units at an issue price of CAD 0.05 per per Unit for gross proceeds of up to CAD 500,000 on April 21, 2025. Each Unit is comprised 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 0.07 per share for a period of 36 months following the closing date of the Private Placement. All securities issued pursuant to the Private Placement will be subject to a statutory four-month-plus-one day hold period. The completion of the Private Placement is subject to the receipt of all required regulatory approvals, including approval from the CSE. The Offering is expected to close on or about April 28, 2025. New Risk • Apr 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$1.1m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-CA$103k). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.04m market cap, or US$4.36m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Board Change • Dec 31
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 Troy Lupul is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Anuncio • Sep 11
Plascred Circular Innovations Inc. Announces an Update on the Plascred Neos Facility PlasCred Circular Innovations Inc. announced an update on the PlasCred Neos facility and Second Quarter 2024 results. The commissioning of the patent-pending Primus pilot facility in Calgary has been a pivotal moment for PlasCred, marking a crucial step forward in mission to revolutionize the plastic waste management industry. The Primus facility, with its technology, has achieved impressive liquid yield rates of up to 80% of renewable green condensate, underscoring PlasCred's commitment to sustainable and efficient upcycling processes. This achievement not only highlights innovative approach but also sets a strong foundation for the next phase of growth-the development of the PlasCred NeOS facility. The PlasCred Neos facilities is poised to be a game-changer in the upcycling of plastic waste. Designed to produce approximately 300 barrels of renewable green condensate per day, Neos will also upcycle approximately 60 tonnes of secured plastic waste daily. Additionally, negotiations are underway for a long-term offtake agreement to purchase the renewable green condensate. This significant increase in both capacity and scalability represents a substantial leap forward from the Primus pilot facility, positioning Neos as a key player in the global push towards a circular economy. In collaboration with Grey Owl Engineering Ltd. (" GOE"), have initiated a comprehensive Front-End Engineering Design ("FEED") study for the Neos facility. This study, which is expected to be completed by early Fourth Quarter 2024, will provide a detailed analysis of the project's costs, timelines, and design specifications. Notably, the Neos facility will be a fully modular design, enabling rapid deployment and scalability across various locations. Following the completion of the FEED study, PlasCred will release a full breakdown of the project metrics, offering transparency and insight into the economic and environmental benefits of this pioneering project. The progress on Neos is a testament to strategic vision and commitment to addressing the global plastic waste crisis. However, ambitions extend beyond Neos. PlasCred's primary focus remains on the development of Maximus facility and the establishment of additional sites across North America. These efforts are in line with broader strategy to scale operations and deliver sustainable plastic waste solutions on a global scale. The strategic partnerships are instrumental in realizing this vision. Anuncio • Jul 01
PlasCred Circular Innovations Inc., Annual General Meeting, Jul 31, 2024 PlasCred Circular Innovations Inc., Annual General Meeting, Jul 31, 2024. Anuncio • Apr 30
PlasCred Circular Innovations Inc. announced that it expects to receive CAD 10 million in funding from Nimbus Capital PlasCred Circular Innovations Inc entered into a growth equity agreement to issue common shares for a gross proceeds of up to CAD 10,000,000 on April 29, 2024. The transaction includes participation from new investor, Nimbus Capital. The transaction is subject to approval of the CSE Exchange, and all shares and securities of the Company issued pursuant to the agreement will be subject to a four month plus a day hold period from the date of issuance. New Risk • Apr 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.8m (US$9.43m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$2.0m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.8m market cap, or US$9.43m). Minor Risk Less than 3 years of financial data is available. Anuncio • Nov 24
Plascred Circular Innovations Inc. Announces Initial Catalytic Test Results with Patent-Pending Primus Pilot Plant PlasCred Circular Innovations Inc. announced the initial catalytic test results from its cutting-edge, patent-pending Primus pilot plant in Calgary. This milestone achievement demonstrates the superior performance and efficiency of PlasCred's unique upcycling process with catalysts. The Primus facility, a testament to PlasCred's commitment to the circular economy, was engineered for beta testing of PlasCred's innovative upcycling process. The process was designed to function with or without catalysts, ensuring optimal and consistent system parameters. However, the catalytic runs showed remarkable results, surpassing the non-catalytic ones in terms of yield and quality. The catalytic tests, using polypropylene plastic waste as the primary material, produced high-quality zero sulphur green condensate that meets industry specifications with a yield of about 87%. The condensate has a density and viscosity that fall within the desirable range for pipeline diluents, as indicated by the Enbridge Inc. specifications []. This means that the condensate can be used as a raw feedstock for the production of fuels and chemicals, or as a blending agent for heavy oil transportation. The insights and data gathered from the Primus testing will be instrumental in the construction of the inaugural PlasCred Maximus plant. This upcoming facility is designed to produce approximately 2,000 up to 10,000 barrels a day of zero sulphur green condensates and remove approximately 300 up to 1,300 metric tonnes a day of plastic waste from the environment while using minimal energy. In their commitment to scalability and adaptability, PlasCred has planned rigorous testing over the next six months, incorporating a variety of mixed waste plastics and a proprietary blend of catalysts. This initiative solidifies PlasCred's dedication to addressing the global plastic waste challenge and reinforces its leadership in environmental sustainability. 