New Risk • May 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 45% 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 Earnings have declined by 3.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (45% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$119.6m market cap, or US$87.2m). Annonce • May 02
Astra Exploration Inc. announced that it has received CAD 13.00068 million in funding On April 30, 2026, Astra Exploration Inc. closed the transaction. The company issued 19,482,000 common shares at a price of CAD 0.77 per Share for aggregate gross proceeds of CAD 15,001,140, including the full exercise of the underwriters’ option. The company issued 16,884,000 common shares for gross proceeds of CAD 13,000,680 under the offering and issued additional 2,598,000 shares for gross proceeds of CAD 2,000,460 as part of exercised overallotment. In consideration of the services rendered by the Underwriters in connection with the Offering, on closing the Company paid to the Underwriters a cash commission equal to 6% of the gross proceeds of the Offering, subject to a reduction to 3% for orders on the president’s list. In addition, the Company paid a finder’s fee of 6% cash to an eligible finder in connection with subscriptions from certain purchasers introduced to the Company by such finder. Michael Gentile, an existing shareholder and insider of the Company, participated in the Offering and acquired 324,700 Shares for gross proceeds of CAD 250,019. The Offering remains subject to final approval of the TSX Venture Exchange. Annonce • Apr 23
Astra Exploration Inc. announced that it expects to receive CAD 13.00068 million in funding Astra Exploration Inc. has announced that it has entered into an agreement with ATB Capital Markets Inc. in connection with a bought deal private placement to issue 12,988,000 common shares at a price of CAD 0.77 per share for aggregate gross proceeds of CAD 10,000,760 on April 22, 2026. The company has granted the underwriters an option, exercisable in whole or in part at any time prior to closing date, to purchase an additional 1,948,200 shares at the issue price for additional gross proceeds of up to CAD 1,500,114. The shares will not be subject to a hold period in Canada. The offering is expected to close on or about April 30, 2026. The completion of the offering is subject to customary conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The company is conducting offering to purchasers in Canada. The underwriters will also be entitled to offer the shares for sale in the United States pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933, as amended.
On the same date, the company announced that now it will issue 16,884,000 common shares at a price of CAD 0.77 per share for aggregate gross proceeds of CAD 13,000,680. The company has granted the underwriters an option, exercisable in whole or in part at any time prior to closing date, to purchase an additional 2,598,000 shares at the issue price for additional gross proceeds of up to CAD 2,000,460.The aggregate gross proceeds from the offering (assuming full exercise of the underwriters' option) are expected to be CAD 15,001,140. New Risk • Feb 24
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$5.9m 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$5.9m free cash flow). Earnings have declined by 3.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$70.2m market cap, or US$51.2m). Annonce • Oct 14
Astra Exploration Inc., Annual General Meeting, Dec 10, 2025 Astra Exploration Inc., Annual General Meeting, Dec 10, 2025. Annonce • Oct 02
Astra Exploration Inc. announced that it expects to receive CAD 5.0003 million in funding Astra Exploration Inc. announced that it has entered into an agreement with Cormark Securities Inc., on behalf of itself and on behalf of a syndicate investment dealers, pursuant to which the underwriters have agreed to purchase, on a bought deal private placement basis, 8,065,000 shares of the company at a price of CAD 0.62 per share for aggregate gross proceeds of CAD 5,000,300 on October 1, 2025. The company has granted the underwriters an option, exercisable in whole or in part, at any time prior to closing date to purchase an additional 3,226,000 shares at the issue price for additional gross proceeds of up to CAD 2,000,120. The offering is expected to close on or about October 8, 2025, or on such other date as may be agreed to by the company and the underwriters, subject to compliance with applicable securities laws. Notwithstanding the foregoing, the closing of the offering must occur no later than the 45th day following the date of this news release. The company has agreed to pay to the underwriters a cash commission equal to 6% of the gross proceeds of the offering, subject to a reduction to 3% for orders on a president list. The completion of the offering is subject to customary conditions, including, but not limited to, the receipt of all necessary approvals, inclusive of the approval of the TSX Venture Exchange. The transaction will include participation from new investor MICHAEL GENTILE AND KEY SHAREHOLDERS. Annonce • May 16
Astra Exploration Inc. announced that it has received CAD 1 million in funding On May 15, 2025, Astra Exploration Inc., closed the transaction. The company issued 5,000,000 common shares at a price of CAD 0.20 per share for the gross proceeds of CAD 1,000,000. The company also paid finder’s fees in connection with a portion of the Offering to an eligible finder,
consisting of a cash fee of CAD 2,400. Insiders of the company subscribed for an aggregate of 482,504 Shares for gross proceeds of CAD 96,500.80 under the offering. Annonce • Apr 01
Astra Exploration Inc. announced that it expects to receive CAD 1 million in funding Astra Exploration Inc. announced a non-brokered private placement of up to 5,000,000 common shares of the Company (the 'Shares') at a price of CAD 0.20 per Share for gross proceeds of up to CAD 1,000,000 on April 1, 2025. The Shares issued to Canadian resident subscribers pursuant to prospectus exemptions under NI 45-106 other than the LIFE Exemption will be subject to a hold period expiring four months and one day after the closing of the Offering. The Offering is expected to close on or about April 11, 2025, or other such date as decided by the Company. The Offering remains subject to certain conditions customary for such transactions, including the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. In connection with the Offering, the Company may pay cash finder's fees to eligible arm's length parties. The transaction may include participation from Michael Gentile and Key Shareholders New Risk • Mar 19
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 18% 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 (18% average weekly change). Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.1m market cap, or US$10.6m). New Risk • Dec 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 76% 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 (18% average weekly change). Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.6m market cap, or US$8.97m). Annonce • Nov 08
Astra Exploration Inc. announced that it has received CAD 1.99999 million in funding On November 8, 2024, the company has closed the transaction. The company issued 33,333,161 units at a price of CAD 0.06 per unit for gross proceeds of CAD 1,999,989.66. Michael Gentile acquired 7,416,666 units for gross proceeds of CAD 445,000 and Insiders of the company subscribed for an aggregate of 8,333,332 units for gross proceeds of CAD 499,999.92 Annonce • Oct 29
Astra Exploration Inc. announced that it expects to receive CAD 2 million in funding Astra Exploration Inc. announced a non-brokered private placement that it will issue up to 33,333,333 units at an issue price of CAD 0.06 per unit for the gross proceeds of up to CAD 2,000,000 on October 28, 2024. Each unit consisting of one common share and one-half common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for CAD 0.10 for a period of 12 months from the offering's closing date. The shares issued in the offering will be subject to a 12-month hold period, and shares obtained through the exercise of the related warrants will also be subject to a 12-month hold from the date of exercise. Michael Gentile has confirmed his participation for 8,250,000 units for the gross proceeds of CAD 495,000. Annonce • Oct 15
Astra Exploration Inc., Annual General Meeting, Dec 12, 2024 Astra Exploration Inc., Annual General Meeting, Dec 12, 2024. New Risk • Aug 25
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 17% 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$895k free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.31m market cap, or US$3.19m). Minor Risk Shareholders have been diluted in the past year (6.5% increase in shares outstanding). New Risk • Aug 23
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$895k 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$895k free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.82m market cap, or US$3.57m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). New Risk • Jul 11
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$45k 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 (17% average weekly change). Negative equity (-CA$45k). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.34m market cap, or US$4.66m). Minor Risk Shareholders have been diluted in the past year (6.5% increase in shares outstanding). New Risk • Apr 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% 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 Revenue is less than US$1m. Market cap is less than US$10m (CA$7.11m market cap, or US$5.23m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Annonce • Apr 04
Astra Exploration Inc. announced that it has received CAD 0.40366 million in funding On April 3, 2024, Astra Exploration Inc. closed the transaction. The company has now issued 3,105,076 units at a price of CAD 0.13 per unit for the gross proceeds of CAD 403,659.88 in the transaction. In connection with the Offering, the company has paid CAD 5,174 in cash and issued 39,803 warrants on a portion of the proceeds and in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The common shares and purchase warrants issued in this Offering will be subject to a statutory hold period of four months plus one day from the date of issuance. Some securities issued in this Offering may be subject to additional restrictions. The Offering is subject to TSX Venture Exchange approval. Certain directors and officers of the company have participated in the Offering. Annonce • Jan 19
Astra Exploration Inc. announced that it expects to receive CAD 0.5 million in funding Astra Exploration Inc. announced a non-brokered private placement of a minimum of 3,846,154 units at a price of CAD 0.13 per unit for minimum gross proceeds of CAD 500,000 on January 18, 2024. Each unit consisting of one common share and one-half common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for CAD 0.18 for a period of two years from the offering closing date. New Risk • Aug 01
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 17% 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$3.0m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.67m market cap, or US$5.02m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). New Risk • Jun 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. 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$3.3m free cash flow). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.81m market cap, or US$5.12m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Board Change • Apr 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 Charles Funk 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. Recent Insider Transactions • Mar 07
Insider recently bought CA$450k worth of stock On the 2nd of March, Peter Marrone bought around 4m shares on-market at roughly CA$0.11 per share. This transaction increased Peter Marrone's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$553k more in shares than they have sold in the last 12 months. Annonce • Feb 15
Astra Exploration Inc. announced that it expects to receive CAD 1 million in funding Astra Exploration Inc. announced a non-brokered private placement to issue up to 9,090,909 units at an issue price of CAD 0.11 per unit for gross proceeds of up to CAD 999,999.99 on February 14, 2023. Each unit consisting of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for CAD 0.15 for a period of two years from closing the offering. The transaction will include participation from returning individual investors Michael Gentile, and Peter Marrone. And the Peter Marrone to significantly increase ownership in the company. There are no commissions or finder’s fees payable in the transaction. The company management expects the financing will close on or before February 28, 2023. Annonce • Jan 26
Astra Exploration Inc. Announces Exploration Updates on its Pampa Paciencia Gold and Silver Asset in Paleocene Belt of Northern Chile Astra Exploration Inc. announced exploration updates on its Pampa Paciencia gold and silver asset in the Paleocene Belt of Northern Chile. The lithologies at Pampa Paciencia are known to host epithermal and porphyry mineralization yet remain mostly unexplored. The geological information received from the last two phases of drilling confirmed the need for detailed mapping to further reveal the potential for additional vein-style mineralization. The mapping results demonstrates this potential and was completed by Astra personnel at a 1:5,000 metres scale. Pampa Paciencia is host to multiple gold and silver bearing Low Sulphidation Epithermal (LSE) vein subcrops and areas of float material. These subcrops and float materials are in partially covered areas, resulting in the concealed veins only being discovered in 2015. Mapping has defined two lithological and mineralization domains that are separated by the major Cerro Dominador NNE-striking fault. The Western domain is characterized by the presence of Cretaceous volcanic rocks as well as Cretaceous and Paleocene intrusive rocks with LSE vein mineralization and alteration, whereas the Eastern domain is characterized by Cretaceous to Paleocene intrusive rocks with porphyry-related hydrothermal alteration. A total of 2,000 metres of new interpreted vein strike length was added at the Impaciencia Oeste target area, with anomalous precious metals values of up to 3.36 ppm Au equivalent (0.75 ppm Au and 209 ppm Ag) in the north portion of this area. At Torres, another newly identified target located 1.5 km southeast of Impaciencia Oeste, LSE vein float was identified and accounts for up to 10% of the subcrop and float. The area was sampled with a 100 m by 100 m grid and samples returned up to 5.33 ppm Au equivalent (3.93 ppm Au and 112 ppm Ag). NW and NE structures can be interpreted from the geochemical results at this grid sampling. The Torres and Impaciencia Oeste areas are interpreted to be part of the same trend, which aligns with the Faride mine LSE veins to the SE. This trend, and in particular these two new targets, are ready for a trenching program to define thickness and grade of the veins and to define new drill targets in the Impaciencia claim area. Annonce • Sep 27
Astra Exploration Inc. Intersects 4.5 G/T over 9.0 Metres, Extending Mineralization At Depth At Pampa Paciencia Project, Chile Astra Exploration Inc. announced the results of the Phase II drilling program at its Pampa Paciencia gold-silver project located in Northern Chile. The Phase II drill program consisted of 3,976 metres of RC drilling in 15 holes, all placed in the North Zone target with the focus of testing the Paciencia Vein system continuity and some magnetic targets. The drill program defined the extension of the two previously discovered mineralized shoots and discovered a third shoot of mineralization at depth in the Paciencia Oeste vein segment with nine metres averaging 4.5 g/t AuEq, including a high-grade zone with a three-metre interval of 12.7 g/t AuEq in hole PPRC-22-45. True widths are estimated to be 75-80% of the interval lengths in PPRC-22-45. Three mineralized shoots have been discovered to date. The Paciencia/Paciencia Este shoot is currently the largest, at approximately 400 metres along strike and approximately 170 metres vertical extension. The second shoot is defined in the Paciencia Oeste vein, with a defined 200 metres of strike (open to the east) and 130 metres vertical extension. A third shoot, discovered in this Phase II program, remains open in all directions with mineralization starting at a depth of 200 metres below surface. Estimated true width of each shoot is 10-15 metres. Drill results from the Paciencia vein system are thought to be analogous with the Faride LSE mine, located eight kilometres south of the Paciencia vein system, and in proximity with the Cerro Dominador regional fault. Similarities between Faride and Pampa Paciencia based on results from this program confirm that the Paciencia vein system has the potential for multiple shoots of high-grade mineralization in a similar structural setting to Faride. The Faride mineralized system is hosted within several NW to E-W veins covering an area of eight square kilometres. Mineralization is hosted within a total of eight mineralized shoots separated by NE-striking faults within a 2.2-kilometre-long NW-striking structure. Historical reserves of 234,000 gold ounces at Faride were cited following re-mapping of the project by Coeur in the 1990s. The magnetic targets that were drilled (Figure 3) intersected veins with low or no precious metal grades. Anomalous mineralization was intersected in the Tormenta vein (a splay of the Paciencia vein system to the west, with at least 300 metres of strike length) with 11 metres at 0.22 g/t AuEq at the intersection with Paciencia Oeste vein. These newly discovered veins are thick structures (estimated true thickness of 20 metres in PPRC-22-46 and 5 metres in PPRC-22-55) with potential to host additional mineralized shoots. To date, Astra's drilling has focused on a small area of the project (Figure 4) and has demonstrated that linear magnetic low features, particularly those oriented NW-SE to E-W have a high correlation with concealed vein structures. There is minimal vein outcrop in the project area, however there is widespread epithermal mineralization in surface float samples across the entire project. Company geologists continue to refine additional drill targets by integrating in-house detailed geology with the application of various geophysical techniques. This is complemented with the integrated study of hydrothermal alteration and the precipitation conditions (temperature and salinity) of the different pulses of mineralization at different depth levels of the veins. Data increasingly suggests the potential for a large-scale epithermal system with several kilometres of vein structure concealed by shallow cover. Annonce • Aug 24
Astra Explo3ration Inc. Completes Phase II Drilling and Extends Pacienca Vein to 2.1Km with Assays Expected in September Astra Exploration Inc. announced that it has completed 3,976 metres of RC drilling in 15 holes at its Pampa Paciencia Project located in Northern Chile. Highlights: 100% of holes intersected quartz veins, stockworks or veinlets close to target depths; 11 holes were drilled to expand mineralization beneath the Phase I program; 4 holes into blind geophysical targets including the newly discovered Tormenta Vein; Tormenta Vein is a splay off the main Paciencia Vein with two holes returning 6 and 28 metre-wide downhole intervals (5 and 10 metres estimated true widths, respectively). Drilling Details: The Phase II program consisted of 3,976 metres of RC drilling in 15 holes, all in the North Zone target area. The primary focus was to test the Paciencia Vein System at depth in the two defined high-grade zones defined earlier this year in the Phase I drill program. Eleven holes were drilled into known veins, with 4 holes directed to Paciencia Oeste vein segment, 3 to Paciencia and 4 to Paciencia Este segment. Drill results from the Phase II program confirm the continuity of the quartz veins at depth in the Paciencia Vein System, which is a low-sulphidation epithermal (LSE) vein structure averaging 10-15 metres thickness over a strike length of approximately 1.4 kilometres. Some deeper holes in the Paciencia and Paciencia Este vein segments are showing a change in the dip and thickness of the vein. Secondary targets consisted of other vein structures discovered during the Phase I drill program. These include blind magnetic low anomalies and newly interpreted vein structures from other geophysical targets, in particular WNW, E-W to ENE-striking magnetic lineaments related with low magnetic regional anomalies (Figure 1). All holes intersected quartz veins, stockworks or veinlets at depth in agreement with the magnetic low anomalies. A new WNW-ESE vein (Tormenta vein) was intersected in hole PPRC22-46 with a 28 metre-thick downhole interval (10 metres estimated true width) and is interpreted to extend west to a six metre-thick downhole interval (5 metres estimated true width) at hole PPRC22-55. Hole PPRC22-54 intersected quartz veinlets and is interpreted to extend west to hole PPRC-22-38 (discovered in Phase I) in a new ENE-WSW vein structure. About Pampa Paciencia: Pampa Paciencia is a 3,840 hectare road-access LSE gold-silver project located within an active mining district less than 15 kilometres from two major mines (Sierra Gorda and Spence) and five kilometres from the Faride LSE mine. Astra has completed property wide mapping and sampling, geophysical surveys, and localized trenching, and in doing so has defined a vein boulder field over approximately 75% of the project area. The veins do not outcrop as the majority of the project area is covered by a thin layer of gravels and caliche but the vein float can be used to identify areas of high prospectivity. Annonce • Jul 22
Astra Exploration Inc., Annual General Meeting, Sep 19, 2022 Astra Exploration Inc., Annual General Meeting, Sep 19, 2022. Annonce • Jun 30
Astra Exploration Commences Phase II Drilling at its Pampa Paciencia Project in Chile Astra Exploration Inc. announce that it has commenced Phase II drilling at its Pampa Paciencia Project located in Northern Chile. The Phase II drill program will consist of up to 5,000 metres of RC drilling and will primarily focus on expanding mineralization at depth and along strike in the two defined mineralized shoots located in the Paciencia Vein System. Secondary targets will consist of other vein structures discovered with Phase I drill program and newly interpreted vein structures from other geophysical targets, in particular those WNW, E-W to ENE-striking magnetic lineaments related with low magnetic regional anomalies. Pampa Paciencia is a 3,840 hectare road-access low-sulphidation epithermal (LSE) gold-silver project located within an active mining district less than 15 kilometres from two major mines (Sierra Gorda and Spence) and five kilometres from the Faride LSE mine (Figure 3). Astra has completed property wide mapping and sampling, geophysical surveys, and localized trenching and in doing so, has defined a vein boulder field over approximately 75% of the project area. The veins do not outcrop as the majority of the project area is covered by a thin layer of gravels and caliche but the vein float can be used to identify areas of high prospectivity. Drill results from the Phase I program completed earlier this year defined gold mineralization in the Paciencia Vein System, which is a thick LSE vein structure averaging 10-15 metres thickness over a strike length of approximately 1.4 kilometres. Exploration results continue to indicate a large LSE system under thin cover, with two known zones of gold mineralization near surface which are open along strike and at depth. Annonce • Jun 16
Astra Exploration Inc. announced that it has received CAD 2.4 million in funding from Goodman & Company, Investment Counsel Inc., other investors On June 14, 2022, Astra Exploration Inc. closed the transaction. The transaction included participation from new investors Michael Gentile for 5,000,000 units owns 23.75%, Peter Marrone for1,650,000 units owns 8.5%, returning investor New Venture Equities Fund LP, a fund managed managed by Goodman & Company, Investment Counsel Inc. for 2,000,000 units owns 14.5% and management and insiders of the company subscribed for 1,000,000 units.
The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 16 placees included total pro group involvement for 375,000 of one placee and insiders such as Brian Miller for 25,000, David Caulfield for 100,000, Roberto A. Alarcon Bittner for 625,000 and Stuart Smith for 200,000 units. The company paid finder’s fee to Dundee Goodman Merchant Partners for CAD 67,500 and Agentis Capital Market Canada LP for CAD 48,750. Annonce • Jun 08
Astra Exploration Inc. announced that it expects to receive CAD 2.4 million in funding Astra Exploration Inc. announced a non-brokered private placement to issue up to 12,000,000 units at an issue price of CAD 0.20 per unit for gross proceeds of up to CAD 2,400,000 on June 7, 2022. Each unit will be composed of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share for a period of two years from the closing at an exercise price of CAD 0.26 per share. The transaction included participation from new individual investor, Michael Gentile. All securities to be issued will be subject to a hold period of four months and one day from the closing date. Some securities issued in this offering may be subject to additional restrictions. The company may pay finders' fees on a portion of the offering, subject to compliance with applicable securities laws and the policies of the TSX Venture Exchange. The closing of the transaction is subject to approval of the TSX Venture Exchange. The transaction may participation of certain directors, and officers of the company. Annonce • Jun 04
Astra Exploration Inc. Appoints Nikki McEachnie as Manager of Investor Relations, Marketing & Business Development Astra Exploration Inc. announced that Nikki McEachnie has been appointed as Manager of Investor Relations, Marketing & Business Development. Ms. McEachnie brings 7 years of experience to the Company in Marketing, & Investor Relations, specifically in the mining sector. Most recently she served as Manager of Investor Relations & Director of Corporate Communications for Talisker Resources. Annonce • May 28
Astra Exploration Releases Results from the Latest 18 of 30 Drill Holes Completed at the Pampa Paciencia Gold-Silver Project in Northern Chile Astra Exploration has released results from the latest 18 of 30 drill holes completed at the Pampa Paciencia gold-silver project in northern Chile, which defined a second gold zone along a 1.4 km vein structure. The flagship 3,840 hectare, road-accessible, low sulphidation epithermal gold-silver project is located within an active mining district less than 15 kilometers from two major mines, Sierra Gorda and Spence, and 5 kilometers from the Faride mine, in the Antofagasta Region in northern Chile. Astra has completed property wide mapping and sampling, geophysical surveys, and localized trenching and in doing so, has defined a vein boulder field over approximately 75% of the project area. The veins do not outcrop as the majority of the project area is covered by a thin layer of gravels and caliche but the vein float can be used to identify areas of high prospectivity. A total of 2,981 metres of RC drilling were completed in thirty holes between February and March 2022. Most drilling focused on the 1.4 km long Paciencia Vein system located in the North Zone, which is comprised of Paciencia Oeste, Paciencia, and Paciencia Este. These mostly concentrated on defining the strike and depth continuity of the Paciencia Vein System in the North Zone with three holes were drilled to test veins at depth in the Central Zone and two holes tested geophysical targets in the North Zone. Drilling at Geophysical targets 1 and 2 resulted in the discovery of two blind veins. Two mineralized shoots are being defined at Paciencia and Paciencia Oeste, where quartz texturing and geochemistry indicate these two shoots could be higher elevations of the mineralized precious metals horizon. Both shoots are open along strike and at depth. Hole PPRC-22-36 from the Paciencia Vein further extended one mineralized shoot to the east while a second shoot is being defined by shallow drilling at Paciencia Oeste. Drill holes at Paciencia Oeste and Paciencia Este intercepted thick (10 - 20 metres true thickness) vein structures, which occurred in shallow drill holes approximately 15 to 25 metres below surface, with one hole reaching 75 metres below surface in Paciencia Oeste. Annonce • May 26
Astra Exploration Inc. Provides Results for Completed Drill Holes At the Pampa Paciencia Gold-Silver Project Astra Exploration Inc. provided results from the remaining 18 of 30 completed drill holes at the Pampa Paciencia gold-silver project in northern Chile. Highlights: New results expand mineralization at the Paciencia Vein to over 300 metres where it remains open at depth and along strike; and Second zone at Paciencia Oeste Vein now defined over 200 metres where it remains open at depth and along strike. HOLE PPRC-22-36: 3.96 grams per tonne (g/t) gold and 37.67 g/t silver over three metres downhole (mDH) within a broader zone of 0.92 g/t gold and 8.61 g/t silver over 31 mDH at the Paciencia vein. HOLE PPRC-22-24: 5.53 g/t gold and 47.1 g/t silver over one metre and 2.78 g/t gold and 75.6 g/t silver over two mDH within a broader zone of 0.72 g/t gold and 19.38 g/t silver over 25 mDH at Paciencia Oeste vein. HOLE PPRC-22-28: 4.02 g/t gold and 26.9 g/t silver over two mDH within a broader zone of 1.45 g/t gold and 12.59 g/t silver over nine mDH at Paciencia Este vein. Drill Results Discussion: Pampa Paciencia is a 3,840 hectare road-access low-sulphidation epithermal (LSE) gold-silver project located within an active mining district less than 15 kilometers from two major mines (Sierra Gorda and Spence) and five kilometers from the Faride LSE mine. Astra has completed property wide mapping and sampling, geophysical surveys, and localized trenching and in doing so, has defined a vein boulder field over approximately 75% of the project area. The veins do not outcrop as the majority of the project area is covered by a thin layer of gravels and caliche but the vein float can be used to identify areas of high prospectivity. Most drilling focused on the 1.4 km long Paciencia Vein system located in the North Zone, which is comprised of Paciencia Oeste, Paciencia, and Paciencia Este vein segments. The Company previously reported results for 11 of 29 drill holes which were from the Paciencia Vein, and the holes reported herein are for the remaining 18 drill holes as follows: Paciencia Vein – 1 hole; Paciencia Oeste – 9 holes; Paciencia Este – 3 holes; Geophysical Targets – 2 holes; 15 Vein/Central Zone – 3 holes. The three vein segments along the Paciencia Vein System are separated by ENE-striking faults that were interpreted with geophysical magnetics and confirmed with trenching. Plan map and an integrated longitudinal section clearly show this continuous but segmented nature of the Paciencia Vein System, and the presence of two high grade mineralized shoots with similar behaviour (45° SE plunge) which are both open along strike and at depth. Geochemical results show the variation in the of Ag:Au ratios in the Paciencia Vein System, with an average Ag to Au ratio of 47 in the higher grade portions of the Paciencia Oeste vein, that decrease to 16 in Paciencia vein, and to 4 in Paciencia Este vein. Preliminary results for the two blind geophysical vein discoveries returned Ag:Au ratios of 61 and 2 in Geophysical targets 2 and 1, respectively. Company geologists believe this further demonstrates the potential for finding Au-rich veining in the eastern portion of this vein network and/or at depth. Drilling at Geophysical targets 1 and 2 resulted in the discovery of two blind veins. Geophysical target 1 intercepted two parallel structures composed of a 1 meter Mn-rich quartz vein and 3 meters limonitic breccia with anomalous precious metals (2m @ 0.28 g/t Au equivalent). Geophysical target 2 intercepted a shallow 14 meters thick structure composed by a chalcedonic quartz vein and limonitic breccias reporting similar anomalous results (5m @ 0.14 g/t Au equivalent). Additional drilling will be required to find the hidden mineralized shoots that may be associated with these new vein discoveries. The remaining three holes in the Central Zone confirmed thin (up to 2m thick) chalcedonic vein and veinlet structures hosted in the Paleocene andesites which overlay the Cretaceous granitoids. Drill holes did not reach sufficient depth to intersect the more competent granitoid rock where thicker veins develop as indicated by field mapping. These results indicate a shallow system elevation and deeper drilling is required to properly test the Central Zone targets. Annonce • May 04
Astra Exploration Inc. Provides Drills Multiple Gold Intercepts Including 14.48 G/T Gold over 3 Metres in Maiden Drill Results At Pampa Paciencia Project, Chile Astra Exploration Inc. provided results from the first 11 of 30 completed drill holes at the Pampa Paciencia gold-silver project in northern Chile. PPRC-22-12: 14.48 grams per tonne gold and 39.7 g/t silver over 3 metres downhole within a broader zone of 2.71 g/t gold and 10.8 g/t silver over 21 mDH PPRC-22-13: 3.28 g/t gold and 58.3 g/t silver over 6 mDH within a broader zone of 1.6 g/t gold and 21.3 g/t silver over 22 mDH PPRC-22-14: 4.09 g/t gold and 45.22 g/t silver over 4 mDH within a broader zone of 1.39 g/t gold and 17.1 g/t silver over 17 mDH. Pampa Paciencia is a road-accessible, low-sulphidation epithermal gold-silver project located within an active mining district less than 15 kilometers from two major copper mines and 5 kilometers from the Faride LSE mine . Astra has completed property wide mapping and sampling, geophysical surveys, and localized trenching and in doing so, has defined a vein boulder field over approximately 75% of the project area. The veins do not outcrop as the majority of the project area is covered by a thin layer of gravels and caliche but the vein float can be used to identify areas of high prospectivity. Reverse circulation drilling commenced on veins within the interpreted five km long North Zone vein corridor . The holes reported herein targeted the Paciencia Vein within that corridor along a strike length of 400 meters. All holes intercepted the vein, with several intercepting a sub parallel footwall splay . Historical drill holes were widely spaced leaving significant strike and dip length to expand the historical drill intercepts into larger bodies of mineralization. These first results strongly support this interpretation with holes PPRC-22-12, PPRC-22-13 and PPRC22-14 expanding mineralization to the east where it remains open along strike and at depth . Drill assays are pending for the remaining 18 holes and are expected in May. The remaining drill holes were completed as follows: One in the Paciencia Vein Ten in Paciencia Oeste Three in Paciencia Este Three in the Central Zone One in a North Zone geophysical target. The Paciencia Vein consists of vein breccias, hydrothermal breccias, quartz stockworks and late limonitic breccias with vein clasts that form a WNW-ESE oriented mineralized structure with a true thickness of 10 to 20 metres. The vein has a general north-dip that gradually changes from 75° NNE in the west portion of the vein, to 85° to subvertical in the east. The current geologic interpretation has identified two to three main branches of the Paciencia Vein, with higher grades located in the more vertical portion of the vein. Geochemical results confirm the gold-rich nature of the Paciencia Vein, with an average Ag to Au ratio of 16 in the higher grade portions of the vein, and increasing to 48 when in the wider low grade zones. A total of 2,981 metres of RC drilling were completed in thirty holes between February and March 2022 at Pampa Paciencia. These mostly concentrated on defining the strike and depth continuity of the Paciencia Vein system in the North Zone . Three holes were drilled to test veins at depth in the Central Zone and two holes tested geophysical targets in the North Zone. A total of 1,233 samples, including blanks, duplicates and standards, were sampled and sent to ALS lab in Santiago, Chile. The drill program was completed for ~C$650,000 of all-in costs highlighting the ability to complete cost-effective exploration at low elevations in Chile. Eleven historical holes had been drilled previously on the property and Astra's geologists continued with the numbering system, so holes PPRC-22-12 to PPRC-22-22 are the first 11 holes completed by Astra Exploration. Drill samples were sampled, bagged, and tagged by Astra´s geologists and then delivered to the ALS sample preparation laboratory in Santiago. Samples were prepared with PREP 31B code, and then analyzed with fire assay for gold, acid digestion for silver, and multi elements by ICP . Gold over-limits were analyzed by gravity method. Board Change • Apr 27
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. 4 non-independent directors. Director Darcy Marud was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Feb 19
Astra Exploration Provides an Exploration Update on Its Pampa Paciencia Project in Chile Astra Exploration provided an exploration update on its Pampa Paciencia project in Chile. The 3,840 hectare, road-accessible, low sulphidation epithermal gold-silver project is located within an active mining district less than 15 kilometers from two major mines, Sierra Gorda and Spence, and 5 kilometers from the Faride mine, in the Antofagasta Region in northern Chile. The current exploration program combined property-wide mapping and sampling, geophysical surveys, and localized trenching to define a larger district and identify the higher priority initial drill targets. Highlights includes the identification of three quartz vein float sample fields totaling 8.5 km with new zones identified in the west of the property under thin cover along with surface float samples up to 12.6 grams per tonne gold equivalent 3 km northwest along strike with the Main Paciencia Vein in the North Zone. Work to date indicates the presence of a large LSE system beneath a shallow cover. Some of these vein floats returned high-grade precious metals up to 11.35 g/t gold and 152 g/t silver, significantly extending the prospective area to the west, well-beyond the previously known surface anomalies circled in blue. Three main NW-SE trends are defined with these surface float anomalies: the North Zone, the Central and South Zones and the Impaciencia, the same trend that extends to the past producing Faride mine five kilometers southeast. Trenching focused on confirming the strike continuity of the Paciencia Vein in the North Zone. This area will be the company's first drill target to follow-up open intercepts in historical drilling including hole PP15-007 which returned 7.71 grams per tonne gold and 46.6 grams per tonne silver over 3.75m approximately 80 meters below surface. 640 kilometers of ground magnetic surveying revealed large magnetic lows interpreted as hydrothermal alteration related to the vein system. Thirteen trenches have been completed at the North Zone expanding outward from historical trenches along an interpreted extension of the vein identified in the magnetic survey. 250 trench samples are at the labs and the company expects to receive those results later in February and will include them in a detailed map of the trenching program. Annonce • Feb 18
Astra Exploration Inc. Provides an Exploration Update on Pampa Paciencia, its Gold-Silver Project in Northern Chile Astra Exploration Inc. provided an exploration update on Pampa Paciencia, its gold-silver project in northern Chile. Pampa Paciencia is a 3,840 ha road-access low-sulphidation epithermal (LSE) gold-silver project located within an active mining district less than 15 kilometers from two major mines (Sierra Gorda and Spence) and five kilometers from the Faride LSE mine. The current exploration program has combined property-wide mapping and sampling, geophysical surveys, and localized trenching with the dual aims of defining a larger district and identifying the highest priority initial drill targets. Work to date indicates the presence of a large LSE system beneath a shallow cover of caliche and alluvial sediments. Trenching focused on confirming the strike continuity of the Paciencia Vein in the North Zone. This area will be the Company's first drill target to follow-up open intercepts in historical drilling including hole PP15-007 which returned 7.71 grams per ton gold and 46.6 grams per ton silver over 3.75m approximately 80 meters below surface. Thirteen trenches have been completed at the North Zone expanding outward from historical trenches along an interpreted extension of the vein identified in the magnetic survey. Systematic trenching every 50 meters at the Paciencia Vein has defined WNW-ESE structures of hydrothermal breccias and parallel quartz veins up to 22 meters thick totaling 600 m strike length. 250 samples were taken from the trenches and sent to ALS labs in Santiago for assay. The Company expects to receive those results later in February and will include them in a detailed map of the trenching program. Board Change • Jan 29
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. 4 non-independent directors. Director Darcy Marud was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.