Board Change • Apr 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Robert Schwetzke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Mar 14
New Destiny Mining Corp. Announces Resignation of Quinn Field-Dyte as Director New Destiny Mining Corp. announced that Mr. Quinn Field-Dyte has resigned as a director of the Company. Board Change • Sep 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Robert Schwetzke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Robert Schwetzke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Robert Schwetzke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Robert Schwetzke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 23
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Robert Schwetzke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Robert Schwetzke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Dec 01
New major risk - Revenue and earnings growth Earnings have declined by 18% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$203k free cash flow). Shares are highly illiquid. Negative equity (-CA$1.9m). Earnings have declined by 18% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$678.2k market cap, or US$484.3k). Anuncio • Sep 11
New Destiny Mining Corp. Provides Further Update on its 2024 Drilling Program at the Treasure Mountain Project, Near Princeton, BC New Destiny Mining Corp. provided a further update on its 2024 drilling program at the Treasure Mountain project, near Princeton, BC. The drill rig has moved to the Jim Kelly target area. This target was chosen as previous work had identified a set of veins that have historically been mined. Jim Kelly is a gold vein target where a 2018 grab sample yielded 11.3 g/t gold. Hole TMN24-08 aimed to test the extension of this vein along strike to the north. Hole TMN24-08 intersected a 12.96 meter interval of a highly silicified zone with disseminated pyrite (see yellow boxes on photo below from 70.24 to 83.2 meters including some intervals of cross-cutting andesitic dikes. The zone is interpreted as an expression of the mineralization found at the Jim Kelly workings, extending 60 meters towards the north. Additionally, hole 8 also intersected from 66.07 to 68.77 m a zone with disseminated pyrite, pyrrhotite, and chalcopyrite with net textured sulfides in a silicified mafic intrusion. The next hole will test the extension of the Jim Kelly vein at depth. The Treasure Mountain property covers 10,819 hectares and is located 38 km west of the Copper Mountain mine at Princeton in southern BC. Targets on the property include critical minerals in porphyry copper-moly deposits, and gold-quartz vein and polymetallic silver-rich vein deposits. Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate. Anuncio • Jun 08
New Destiny Appoints Lubica Parilakovaas as Investor Relations Lead New Destiny Mining Corp. announced the appointment of Lubica Parilakova as the new Investor Relations Lead. Lubica brings with her a wealth of experience in the investor relations sector, honed over more than a decade in the mining industry. Lubica is a seasoned professional with a proven track record of building and managing investor relations programs that enhance investor confidence and maximize shareholder value. Her expertise spans developingcomprehensive investor relations strategies, managing investor communications, and fostering relationships with key stakeholders. With a career that started in the mining industry in 2011, Ms. Parilakova has demonstrated her ability to drive investor engagement and market outreach through her work with junior resource companies. Her multifaceted skills in finance, investments, geology, and mining, paired with her creative approach to investor relations, make her a perfect fit for New Destiny Mining Corp. Ms. Parilakova, an arm's length provider, will be responsible for developing and executing New Destiny Mining Corp.'s investor relations strategies, managing communications with investors, and working closely with the executive team to ensure timely and accurate dissemination of information. New Risk • Jun 04
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$13k 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$13k free cash flow). Shares are highly illiquid. Negative equity (-CA$872k). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.24m market cap, or US$908.5k). Board Change • May 01
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 Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 07
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 Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Feb 06
New Destiny Mining Corp., Annual General Meeting, Apr 09, 2024 New Destiny Mining Corp., Annual General Meeting, Apr 09, 2024. Board Change • Nov 24
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 Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 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 Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Aug 01
New Destiny Mining Corp. Appoints Quinn Field-Dyte as Director New Destiny Mining Corp. announced that is has appointed Mr. Quinn Field-Dyte as a director of the Company effective immediately. Mr. Field-Dyte is a senior executive and corporate director with more than 30 years of experience in the public and private markets. His knowledge of the investment banking sector and senior corporate management of venture projects is invaluable. Mr. Field-Dyte currently serves in various executive capacities for several publicly listed junior resource companies. Board Change • Jul 07
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. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. 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 • Jun 23
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. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Anuncio • Feb 10
New Destiny Mining Corp. announced that it has received CAD 0.09 million in funding On February 9, 2023, New Destiny Mining Corp. announced that it has closed the transaction. Board Change • Dec 28
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. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. 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 • Nov 18
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. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Anuncio • Oct 01
New Destiny Mining Corp. announced that it expects to receive CAD 0.09 million in funding New Destiny Mining Corp. announced a non-brokered private placement of up to 3,000,000 units at a price of CAD 0.03 per unit for gross proceeds of CAD 90,000 on September 30, 2022. The transaction will include participation from directors, officers or other insiders. Each flow-through unit consists of one common share and one common share purchase warrant. Each warrant will be exercisable at a price of CAD 0.05 per share for period of five years. The company may pay finders' fee to eligible finders in accordance to the TSX-V policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The offerings and payment of finders' fees are both subject to approval by the TSX-V. Board Change • Aug 25
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. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. 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 • Aug 04
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. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. 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
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. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. 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 • Mar 09
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. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. 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 • Jan 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Member of Advisory Board John Gingerich was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Anuncio • Dec 31
New Destiny Mining Corp. announced that it has received CAD 0.08 million in funding On December 30, 2021, New Destiny Mining Corp closed the transaction. Anuncio • Dec 22
New Destiny Mining Corp. announced that it expects to receive CAD 0.08 million in funding New Destiny Mining Corp. announced a non-brokered private placement of up to 1,000,000 flow through units at a price of CAD 0.08 per unit for gross proceeds of CAD 80,000 on December 21, 2021. Each flow-through unit consists of one flow through common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 24 months from the date of issue, one additional non-flow-through common share of the company at an exercise price of CAD 0.10 per share. A finder's fee may be paid to eligible finders in accordance to the TSX Venture Exchange policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The transaction and payment of finders' fees are both subject to approval by the TSX Venture Exchange. Board Change • Sep 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Member of Advisory Board John Gingerich was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Anuncio • Dec 01
New Destiny Mining Corp. announced that it expects to receive CAD 0.2 million in funding New Destiny Mining Corp. (TSXV:NED) announced a non-brokered private placement of up to 2 million flow through units at a price of CAD 0.10 per unit for gross proceeds of CAD 200,000 on November 30, 2020. Each flow-through unit consists of one flow through common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 18 months from the date of issue, one additional non-flow-through common share of the company at an exercise price of CAD 0.15 per share. A finder's fee may be paid to eligible finders in accordance to the TSX Venture Exchange policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The transaction and payment of finders' fees are both subject to approval by the TSX Venture Exchange.