New Risk • Apr 30
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 19% 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 Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 57% per year over the past 5 years. Shareholders have been substantially diluted in the past year (103% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$9.26m market cap, or US$6.81m). Annonce • Apr 14
Alma Gold Inc., Annual General Meeting, Jun 10, 2026 Alma Gold Inc., Annual General Meeting, Jun 10, 2026. Annonce • Jan 27
Alma Gold Inc. announced that it has received CAD 1.475 million in funding On January 26, 2026, Alma Gold Inc. closed the transaction. The company issued 8,750,000 Units at a price of CAD 0.08 per Unit for gross proceeds of CAD 700,000 in its second and final tranche. Annonce • Jan 23
Alma Gold Inc. Announces Retirement of Jean-Marc Gagnon as Director and Vice President, Exploration, Effective January 12, 2026 Alma Gold Inc. announced that Jean-Marc Gagnon has retired from the company’s board of directors and as Vice President, Exploration, effective January 12, 2026. Mr. Gagnon has had a long career in the mineral industry, with a particular focus on gold exploration in West Africa. He played a key role in the gold discoveries it made with Jilbey Gold, Merrex Gold, Roscan Gold and Sylla Gold. He has helped position Alma Gold with an excellent land package in Guinea that is ready to drill. Mr. Gagnon has agreed to remain with the Company as a consultant to support an orderly transition. The Company is in the process of evaluating candidates to fill the vacancy and will provide an update in due course. Annonce • Dec 10
Alma Gold Inc. announced that it expects to receive CAD 1.2 million in funding Alma Gold Inc. announced a non-brokered private placement of up to 15,000,000 units (“Units”) to be issued at a price of CAD 0.08 per Unit for gross proceeds up to CAD 1,200,000 on December 9, 2025. Each Unit will be comprised of one common share (each a “Share”) and one transferable common share purchase warrant (each a “Warrant”). Each Warrant will entitle the holder thereof to acquire one additional Share at a price of CAD 0.15 for a period of five (5) years from closing. All securities will be will be subject to a statutory hold period of four months and one day from issuance. The Company does not intend to pay any finder’s fees on the Private Placement. New Risk • Jul 18
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$677k 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$677k free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.13m market cap, or US$2.28m). New Risk • Mar 30
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$395k 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$395k free cash flow). Share price has been highly volatile over the past 3 months (38% average weekly change). Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.85m market cap, or US$1.99m). Annonce • Feb 17
Alma Gold Inc., Annual General Meeting, Apr 23, 2025 Alma Gold Inc., Annual General Meeting, Apr 23, 2025. Annonce • Jan 13
Alma Gold Inc. Announces Paul Ténière Resigns from its Board of Directors Alma Gold Inc. announced that Mr. Paul Ténière has resigned from the Company's Board of Directors, effective January 7, 2025. He will, however, continue to support the Company in his role as a technical consultant. Board Change • Oct 01
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. 1 experienced director. No highly experienced directors. President, CEO, Corporate Secretary & Director Greg Isenor 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. Annonce • Sep 24
Alma Gold Inc. announced that it has received CAD 0.3 million in funding On September 3, 2024 Alma Gold Inc. closed the transaction. No finder’s fees were paid on the Private Placement. All securities issued are subject to a statutory hold period of four months and one day from issuance which will expire on January 21, 2025. One insider participated in the Private Placement and subscribed for a total of 625,000 Units. Annonce • Sep 05
Alma Gold Appoints DuSan Petkovic to Its Board of Directors Alma Gold Inc. announces that it has appointed DuSan Petkovic to its Board of Directors effective immediately. Mr. Petkovic is the Co-Founder and Senior Vice President, Corporate Strategy of G Mining Ventures Corp. Mr. Petkovic also serves as a director of Greenheart Gold Inc. Mr. Petkovic is a financial market professional with over 15 years of experience in resource-based capital markets, including private equity, credit, and investment banking. Mr. Petkovic co-founded GMIN in October 2020 and served as a founding Director of the Board until March 2021, when he joined the management team as the inaugural Vice President, Corporate Development Investor Relations. He is responsible for leading the corporation's capital markets initiatives, which include capital raising, project financing, MA, and investor relations. Before joining GMIN, he was a Principal of Private Debt at Sprott Resource Lending Corp. ('Sprott'). Over his ten years at Sprott, Mr. Petkovic was responsible for the origination, structuring, and investment management of bespoke financing transactions for companies in the mining sector. Before Sprott, he spent time in mining investment banking, advising on IPOs, equity issuance and MA. Mr. Petkovic earned a Bachelor of Commerce Degree from Western University and is a CFA charterholder. Annonce • Sep 04
Alma Gold Inc. announced that it expects to receive CAD 0.15 million in funding Alma Gold Inc. announced a non-brokered private placement of up to 1,875,000 units at a price of CAD 0.08 per unit for gross proceeds up to CAD 150,000 on September 3, 2024. Each unit will be comprised of one common share and one transferable common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at a price of CAD 0.10 for a period of three years from issuance. No finder’s fees will be payable on the private placement. All securities will be subject to a statutory hold period of four months and one day from issuance, in accordance with applicable securities laws of Canada. New Risk • Jul 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 90% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.10m market cap, or US$1.54m). Minor Risk Large one-off items impacting financial results. New Risk • Apr 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 31% 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$593k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$598.1k market cap, or US$440.4k). Minor Risk Shareholders have been diluted in the past year (31% increase in shares outstanding). Board Change • Jan 17
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, Corporate Secretary & Director Greg Isenor 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. Annonce • Dec 13
Alma Gold Inc., Annual General Meeting, Feb 20, 2024 Alma Gold Inc., Annual General Meeting, Feb 20, 2024. Board Change • Dec 04
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. 1 experienced director. No highly experienced directors. Independent Director Eugene Hodgson is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
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. 1 experienced director. No highly experienced directors. Independent Director Eugene Hodgson is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 20
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. 1 experienced director. No highly experienced directors. Independent Director Eugene Hodgson is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 29
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. Independent Director Eugene Hodgson is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • Jun 09
Alma Gold Inc. (CNSX:ALMA) acquired Three Exploration Licences in Northeast Guinea. Alma Gold Inc. (CNSX:ALMA) acquired Three Exploration Licences in Northeast Guinea effective June 7, 2023. Board Change • Jun 03
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. Independent Director Eugene Hodgson is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Mar 22
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Eugene Hodgson is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jan 23
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Eugene Hodgson is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • Jan 06
Alma Gold Inc. Announces Appointment of Jean Marc Gagnon to Board of Directors Alma Gold Inc. announced the appointment of Mr. Jean-Marc Gagnon to the Corporation's board of directors effective immediately. Mr. Gagnon has more than 35 years of professional experience in the mining exploration sector. Mr. Gagnon has been involved in the management, evaluation and development of mining exploration projects for gold, mainly in West Africa (Mali, Burkina Faso &Guinea). He has exercised his profession as a country manager, exploration manager and consulting geologist for a number of junior mining companies, including Roscan Gold Corporation, Merrex Gold Inc., Frontline Gold Corporation, Jilbey Gold Exploration Ltd., Ressources Incanore Ltee, EAG Inc. and Gold Star Resources Ltd. Highlights of Mr. Gagnon's career include his participation of the development of the Siribaya gold project (Merrex) and Kandiole gold project (Roscan) in Mali, which are both close to feasibility studies, and his participation in the evaluation of the Bissa Hill gold deposit in Burkina Faso, currently under exploitation. Mr. Gagnon has also assisted in project evaluations for gold in Gabon, chrome in Turkey, barite in Algeria, nickel in Canada and on gold projects in South America (Venezuela, Guyana and Peru), in addition to a prospecting campaign for diamonds in glacial terrain in Canada. Mr. Gagnon graduated from "l'Universit du Qubec Chicoutimi" (Qc) as a professional engineer in geology, he holds a master's degree in business administration from Laval University and he has been a member of "l'Ordre des Ingnieurs du Qubec" since 1980. Annonce • Jan 05
Alma Gold Inc. announced that it has received CAD 0.0125 million in funding On January 4, 2023, Alma Gold Inc. closed the transaction. Annonce • Dec 22
Alma Gold Inc. announced that it has received CAD 0.6265 million in funding On December 20, 2022, Alma Gold Inc closed the transaction. The company issued 6,265,000 units for proceeds of CAD 626,500. The company paid CAD 18,454 as finder's fees. All securities issued are subject to a statutory four month and one day hold period that expires on April 21, 2023. The transaction includes participation from an insider for 400,000 units. Annonce • Dec 10
Alma Gold Inc., Annual General Meeting, Feb 09, 2023 Alma Gold Inc., Annual General Meeting, Feb 09, 2023. Location: Suite 810 789 West Pender Street Vancouver British Columbia Canada Board Change • Dec 01
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. Independent Director Eugene Hodgson is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annonce • Oct 13
Alma Gold Inc. announced that it expects to receive CAD 1 million in funding Alma Gold Inc. announced a non-brokered private placement of up to 10,000,000 units at an issue price of CAD 0.10 per unit to raise gross proceeds of up to CAD 1,000,000 on October 12, 2022. Each unit shall be comprised of one common share and one transferable share purchase warrant. Each warrant entitles the holder thereof to purchase one additional share of the company at a price of CAD 0.15 for a period of 24 months from the date of issuance. All securities issued will be subject to a four-month and one day hold period under applicable securities laws in Canada. The company may pay a cash finder’s fees of 7% on certain subscriptions in the transaction. Annonce • Mar 10
Alma Gold Completes Termite Mound Sampling Program on Its Karita Gold Project in Guinea Alma Gold Inc. announced that it has recently completed a regional termite mound sampling program over three of its four Exploration Permits comprising the Karita Gold Project ("Karita") in Guinea, West Africa. A total of 4,505 termite mound samples and 31 rock samples were collected on a 50 m x 800 m grid to cover interpreted fault structures within the Birimian-aged rocks on Exploration Permits 2258, 6150, and 6159. The termite mound and rock samples are currently being processed and analysed for gold by Bureau Veritas, an independent assay laboratory with locations throughout Africa using fire assay fusion/atomic absorption assay methods resulting in a detection limit of 5 ppb gold on a 50 g fraction of the pulverised sample. The field work was carried out by consultants from Touba Mining of Bamako, Mali with the assistance of the Company's Guinean country manager and geologist, Lamine Camara. All termite mound and rock samples were collected, securely transported, and processed using the Company's strict QAQC protocols. The assay results from the Karita termite mound and rock sampling program will be released once all the results have been received from the laboratory within the next few weeks. Termite mound sampling surveys are a surface exploration technique utilized in parts of West Africa including Mali and Guinea to detect gold-anomalous zones that may not be evident from prior surface sampling or field mapping. This exploration method assumes that termite-driven local soil heterogeneity and termite mounds may represent a geochemical and mineralogical sample medium for the discovery of potential gold mineralization beneath weathered cover and shallow sediments. Termite mound sampling results are typically used to detect surface geochemistry anomalies or potential pathways to gold mineralization and are interpreted in a similar way as soil geochemistry results. Any detected gold anomalies from these termite mound surveys typically aid in the selection of sites for shallow air-core (AC), reverse circulation (RC), or rotary air-blast (RAB) drilling programs, and are interpreted in combination with rock sampling and surface geophysics results. This surface exploration technique has been used successfully by other exploration and mining companies in West Africa including Merrex Gold Inc. on their Siribaya Gold Project in Mali, which is now owned by IAMGOLD. Board Change • Oct 09
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Greg Isenor was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.