Anuncio • Apr 23
Element 29 Resources Inc. announced that it has received CAD 35.469796 million in funding from Alpayana S.A.C. On April 22, 2026, Element 29 Resources Inc. closed transaction. The company issued 32,245,269 common shares at a price of CAD 1.10 per share for aggregate gross proceeds of CAD 35,469,795.9. The transaction included participation from a strategic investor, Alpayana S.A.C., led by Chair Alejandro Gubbins with a 9.9% stake in the company and included participation from Randy Smallwood. In connection with the Financing and in accordance with the policies of the TSX Venture Exchange the Company paid aggregate cash finder's fees totaling CAD 629,999.99. The Shares issued pursuant to the Financing will be subject to a statutory four-month and one-day hold period expiring on August 22, 2026. Anuncio • Apr 10
Element 29 Resources Inc. announced that it expects to receive CAD 35.5 million in funding Element 29 Resources Inc. announces a non-brokered private placement to issue 32,272,727 common shares at a price of CAD 1.10 per share for gross proceeds of CAD 35,499,999.7 on April 9, 2026. The Company may compensate certain finders a cash fee equal to 7% of the aggregate gross proceeds raised from subscriptions under the Financing arranged by such finders. Certain directors and officers of the Company may acquire securities under the Financing. The Financing remains subject to the approval of the TSX Venture Exchange. All securities issued pursuant to the Financing will be subject to a statutory four-month and one-day hold period from the date of issuance. Anuncio • Jan 27
Element 29 Resources Inc. Announces Results from Ongoing Diamond Drilling Program At Its Elida Porphyry Copper - Molybdenum - Silver Deposit in Central Peru Element 29 Resources Inc. announced results from ongoing diamond drilling program at its Elida Porphyry Copper ("Cu") - Molybdenum ("Mo") - Silver ("Ag") Deposit ("Elida" or the "Property") in central Peru. The Company continues to intersect long high-grade intervals of Cu-Mo-Ag mineralization at Elida beginning near surface and extending to vertical depths exceeding 1,400 meters (" m"), highlighting the potential for significant resource expansion beyond the existing pit-constrained Mineral Resource1. Drill intercepts are reported as down-hole lengths, and the true thicknesses are unknown at this time. Next Steps. Drilling at Elida continues with two diamond drill rigs still operating. To date, five drill holes have been completed and reported, totaling more than 4,700 m of the planned 7,000 m drilling program. Results from the current drilling will be released as they become available. The Company plans to complete the remaining 2,300 m of drilling during First Quarter 2026 under the existing Ficha Tecnica Ambiental ("FDA") environmental certification, authorizing up to 20 drilling platforms. Results from the current drilling program are expected to support future drilling, with an additional 5,000 m planned for the first half of 2026. The Company will continue to follow up on the long, higher-grade Cu-Mo-Ag intercepts from ELID037, ELID033, ELID035, and ELID025, which were drilled along the northern side of the deposit, to evaluate opportunities for resource expansion and further investigate the presence of a deeper high-grade copper core. Drilling will also continue along the southern side of the deposit to assess the potential to increase resources without materially increasing the overall strip ratio. The Company has completed 40 drill holes for a total of 23,223.55 metres ("m") of diamond drilling at Elida. Based on just 14,361.4 m of drilling, Element 29 completed an independent pit-constrained Inferred Mineral Resource Estimate in late 2022, which outlined 321.7 million tonnes grading 0.32% Cu, 0.03% Mo and 2.61 g/t Ag at a 0.2% Cu cut-off grade and a 0.74:1 strip ratio. Anuncio • Jan 08
Element 29 Resources Inc. Receives Dia Environmental Certification Advancing New Drilling Permit Application At Elida Porphyry Cu-Mo-Ag Deposit, Peru Element 29 Resources Inc. announced that it has received environmental certification under a Declaracion de Impacto Ambiental ("DIA") from the Peruvian Ministerio de Energia y Minas (" MINEM"), marking a significant milestone in the Company's application for a new Programa de Inicio de Actividades ("PIA") drilling permit at its Elida Porphyry Copper ("Cu") - Molybdenum ("Mo") - Silver ("Ag") Deposit ("Elida") in central Peru. New Risk • Sep 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% 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 Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (US$61.6m market cap). Anuncio • Aug 20
Element 29 Resources Inc. announced that it has received CAD 6.3245 million in funding On August 19, 2025, Element 29 Resources Inc closed the transaction. The company announced that it has received 12,649,000 units at a price of CAD 0.50 per Unit for aggregate gross proceeds up to CAD 6,324,500. Each Unit issued under the Financing consists of one common share and one-half of one non-transferable Common Share purchase warrant. Each Warrant is exercisable for one Common Share at an exercise price of CAD 0.70 per Warrant Share until August 19, 2028. All securities issued pursuant to the Financing are subject to a statutory four month and one day hold period expiring on December 20, 2025. Insiders of the Company participated in the Financing for an aggregate amount of 330,000 Units. In connection with the Financing and in accordance with the policies of the TSX Venture Exchange the Company paid aggregate cash finder's fees totaling CAD 254,415. Anuncio • Jul 18
Element 29 Resources Inc. announced that it expects to receive CAD 3.5 million in funding Element 29 Resources Inc. announced a non-brokered private placement to issue 7,000,000 units at an issue price of CAD 0.50 per unit for gross proceeds of CAD 3,500,000 on July 17, 2025. Each unit consists of one common share and one-half of one non-transferable common share purchase warrant. Each warrant is exercisable for one common shares for a period of 36 months following the date of issue at an exercise price of CAD 0.70 per warrant share. The company may compensate certain finders a cash fee equal to 7% of the aggregate gross proceeds raised from subscriptions under the financing arranged by such finders. Certain directors and officers of the company may acquire securities under the financing. The financing remains subject to the approval of the TSX Venture Exchange. All securities issued pursuant to the financing will be subject to a statutory four-month and one-day hold period from the date of issuance. Anuncio • May 24
Element 29 Resources Inc. Provides an Update on Its Elida Porphyry Cu-Mo-Ag Deposit Element 29 Resources Inc. provided an update on recent activities at its Elida Porphyry Copper ("Cu")-Molybdenum ("Mo")-Silver ("Ag") deposit ("Elida") in central Peru along with a corporate update. Element 29 has launched a large-scale magnetotellurics ("MT") geophysical survey at Elida, targeting deeper mineralization ahead of the planned Phase-III drill program restart in Third Quarter 2025. The Company continues to deliver key development milestones, including submission of a Declaracion de Impacto Ambiental ("DIA") environmental approval application to significantly expand the drill capacity and finalizing a renewed surface access agreement with the host community for an additional 5-year term. Element 29 also announces the appointment of Michael Au as Chief Financial Officer, succeeding Duane Lo, and engages the Caesars Report for a one-year marketing campaign to enhance investor visibility. MT Geophysical Survey. Elida hosts five known mineralized targets within a 2.5 km by 2.5 km phyllic alteration footprint, associated with a large multiphase porphyry intrusive complex emplaced within structurally deformed volcano sedimentary rocks. Previous drilling has intersected broad intervals of Cu-Mo-Ag mineralization starting at bedrock surface and extending to depths exceeding 1,000 m-highlighting strong potential for resource expansion. The Company recently submitted its DIA environmental approval application for Elida to the Peruvian Ministerio de Energia y Minas - Oficina General de Gestion Social (" MINEM"). This submission represents a key milestone in the permitting process and includes a proposed expansion of the number of authorized drilling platforms, increasing the current limit of 20 to 40 under the new application. The upgraded DIA is a necessary step toward securing a new drill permit, which would enable exploration activities to continue for an additional five-year term as part of a broader, long-term program. In parallel, the Company is preparing a Collective Impacts Report to support its request for exemption from the Consulta Previa ("Prior Consultation") process. The Company is also finalizing a renewed five-year surface access agreement with the host Community to support the next phase of exploration and reinforcing its commitment to collaborative project development. Drill Program. The Company is preparing to resume the Phase-III drilling program at Elida under the existing Ficha Tecnica Ambiental ("FFFFFF") environmental approval and drill permit. The Phase-III drilling program was designed to potentially expand the current pit-constrained Inferred Mineral Resource Estimate and increase overall Cu-Mo-Ag grades. The first two drill holes, completed in late 2024, intersected broad intervals of Cu -Mo-Ag mineralization starting in late 2024, intersected wide intervals of Cu-Mo- Ag mineralization starting at bedrock surface, extending to depths exceeding 1, million m. Notably, drill hole ELID033 intersected 1,039.6 metres grading 0.39% CuEq (0.39% Cu, 0.036% Mo, 2.96 g/t Ag), beginning at bedrock surface 69 m downhole. The services provided by the Caesars Report to the Company relate to corporate updates and written interviews distributed as a newsletter to the Caesars Report subscriber base and to be used as content for the Company's social media channels. Anuncio • Apr 29
Element 29 Resources Inc., Annual General Meeting, Jun 26, 2025 Element 29 Resources Inc., Annual General Meeting, Jun 26, 2025. Location: british columbia, vancouver Canada New Risk • Mar 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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$2.4m free cash flow). Share price has been highly volatile over the past 3 months (5.0% average weekly change). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (US$32.5m market cap). Anuncio • Jan 23
Element 29 Resources Inc. Announces Results from Elida Phase-Iii Drill Program Including 1039.6 Metres of 0.54% Cueq2 Element 29 Resources Inc. announced results from the first two drill holes from its 2,249.8 metre ("m") Phase-III diamond drill program at its Elida Porphyry Copper ("Cu") - Molybdenum ("Mo") - Silver ("Ag") Deposit ("Elida" or the "Property") in central Peru. The Company continues to intersect long intervals of Cu-Mo-Ag mineralization starting near surface and extending to vertical depths of over 1000 m highlighting the potential for further resource expansion. The objective is to complete the remaining Phase-III drill program starting in early Second Quarter, 2025. Drill hole ELID033 intersected 0.54% CuEq2 (0.39% Cu, 0.036% Mo, 2.96 g/t Ag) over 1039.6 m starting from bedrock surface to the end of the hole ("EOH") at 1109.6 m. Drill hole ELID035 intersected 0.54% CuEq2 (0.33% Cu, 0.045% Mo, 2.76 g/t Ag) over 922.4 m starting at bedrock surface to the EOH at 979.0 m. Drill hole ELID033 extended the porphyry Cu-Mo-Ag mineralisation with higher Cu grades than the existing pit-constrained Inferred Mineral Resource Estimate to a vertical depth of more than 1000 m along the western side of the Zone-1. The Elida Phase-III diamond drill program was designed to expand the existing pit-constraining initial Inferred Mineral Resource Estimate1 of 321.7 million tonnes of 0.32% Cu, 0.03% Mo, and 2.61 g/t Ag at a 0.2% Cu cut-off grade and a 0.74:1 strip ratio. These drill holes were also planned to infill gaps within the existing pit-shell to potentially increase the higher-grade 59.7 million tonne resource of 0.49% Cu, 0.036%. Mo, and 3.99 g/t Ag at a0.40% Cu cut-off (" Higher-Grade Resource") and continue drilling to depths of up to 1000 m while in porphyry Cu-Mo -Ag mineralization. Based on 14,361.4 m of diamond drilling, Element 29 completed an independent pit-constrained In preferred Mineral Resource Estimate which outlined 321.7 million tonnes of0.32% Cu, 0.,029% Mo and 2.61 g/T Ag at a 0.2%. Cu cut-off grade and an 0.74:1 strip ratios.