New Risk • May 05
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 14% 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$5.9m free cash flow). Earnings have declined by 47% 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 (14% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (CA$14.4m market cap, or US$10.6m). New Risk • Apr 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.8m (US$9.22m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (332% increase in shares outstanding). Market cap is less than US$10m (CA$12.8m market cap, or US$9.22m). New Risk • Mar 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (332% increase in shares outstanding). Minor Risk Market cap is less than US$100m (CA$15.1m market cap, or US$10.8m). New Risk • Dec 22
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 15% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-CA$554k). Shareholders have been substantially diluted in the past year (332% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (CA$22.9m market cap, or US$16.6m). New Risk • Dec 11
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$554k 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 Negative equity (-CA$554k). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (331% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$29.7m market cap, or US$21.6m). New Risk • Dec 02
New major risk - Revenue and earnings growth Earnings have declined by 21% 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 Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (331% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$32.6m market cap, or US$23.3m). New Risk • Sep 02
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$554k 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-CA$554k). Shareholders have been substantially diluted in the past year (310% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (CA$59.7m market cap, or US$43.3m). Annonce • Jul 09
Golden Cross Resources Inc. announced that it has received CAD 5 million in funding On July 8, 2025. Golden Cross Resources Inc. has closed the transaction. Annonce • Jun 20
Golden Cross Resources Inc. announced that it expects to receive CAD 3 million in funding Golden Cross Resources Inc. announces a non-brokered private placement to issue 6,666,667 units at a price of CAD 0.45 per unit for gross proceeds of CAD 3,000,000 on June 19, 2025. Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one additional share at a price of CAD 0.65 per share for a period of two years from closing of the offering. Golden Cross may pay finders' fees on some portion of the gross proceeds of the offering to certain arm's-length parties who assist the company in introducing subscribers to the offering. The offering is subject to all necessary regulatory approvals, including the approval of the TSX Venture Exchange. The securities issued under the offering will be subject to a hold period under applicable securities laws in Canada expiring four months and one day from the closing date of the offering. New Risk • Jun 09
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$554k 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 (62% average weekly change). Negative equity (-CA$554k). Shareholders have been substantially diluted in the past year (246% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$24.9m market cap, or US$18.2m). New Risk • Jun 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 246% 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 (62% average weekly change). Shareholders have been substantially diluted in the past year (246% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$24.9m market cap, or US$18.2m). Annonce • Jun 05
Golden Cross Resources Corp. Commences Drilling at its Reedy Creek High-Grade Gold Project in Victoria, Australia Golden Cross Resources Corp. announced it has commenced an inaugural fully funded 6,000-metre phased drill program to test and expand on key high-grade gold targets. An initial 2,000-metre diamond drilling program comprises 15 shallow drill holes at the Prince of Wales & Wieneroider Ridge targets within the Reedy Creek Goldfield. This initial phase has been guided by LiDAR survey data, a review of recent previous drilling as well as the recently completed structural mapping. It is designed to systematically improve the structural and geological understanding of the targets and will aim to expand on the known mineralization. This will be achieved by targeting interpreted faults, shears, and quartz veins. The drill targets have been identified from geological mapping of surface workings and are untouched by modern exploration techniques. They offer the potential to identify previously unrecognized mineralization that could be incorporated into the broader Reedy Creek exploration model. Golden Cross Resources will have the option to field additional drill rigs later in 2025. This decision will be based on drilling results and will be guided by ongoing structural mapping running in support of the drilling program. About the Reedy Creek Project: Historic High-Grade Gold Intercepts. Located just 10 km northeast of Southern Cross Gold's recent Sunday Creek gold discovery, historical drilling at Reedy Creek points to a potential high-grade gold system. These shallow intercepts demonstrate very high gold grades but were never followed up with deeper or systematic drilling. Golden Cross intends to apply modern structural, geochemical, and geological tools to define its scale and continuity. Supporting Golden Cross' 6,000 metre drill campaign this summer is a recently outlined gold-in-soil anomaly stretching more than 3 kilometers in length and running parallel to a regional anticline -similar in style to structures hosting mineralization at Sunday Creek. Gold-in-soil anomalies are critical early indicators of mineralized systems, especially in epizonal deposits where gold is often closely associated with fault zones and vein swarms near surface. The anomaly identified at Reedy Creek aligns with mapped folding and structural complexity, suggesting the potential for multiple pathways for gold deposition - a key requirement for high-grade, vertically extensive gold systems. Management cautions that historical results were collected and reported by operators unrelated to Golden Cross and have not been verified nor confirmed by its Qualified Person; however, the historical results create a scientific basis for ongoing work in the Golden Cross property. Management further cautions that historical results, discoveries and published resource estimates on adjacent or nearby mineral properties, whether in stated current resource estimates or historical resource estimates, are not necessarily indicative of the results that may be achieved on the Golden Cross property. Board Change • May 01
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). CEO & Director Matt Roma is the most experienced director on the board, commencing their role in 2022. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annonce • Apr 17
Zincore Metals Inc. (OTCPK:ZCRM.F) completed the acquisition of Reedy Creek and Providence tenements in Victoria, Australia from Great Pacific Gold Corp. (TSXV:GPAC). Zincore Metals Inc. (OTCPK:ZCRM.F) entered into a definitive agreement to acquire Reedy Creek and Providence tenements in Victoria, Australia from Great Pacific Gold Corp. (TSXV:GPAC) on December 3, 2024. Great Pacific Gold to receive CAD 0.5 million cash, CAD 0.5 million cash on closing of the Transaction and 6 million shares in Zincore on Closing.
Zincore Metals Inc. (OTCPK:ZCRM.F) completed the acquisition of Reedy Creek and Providence tenements in Victoria, Australia from Great Pacific Gold Corp. (TSXV:GPAC) on April 16, 2025. Annonce • Mar 21
Zincore Metals Inc., Annual General Meeting, May 06, 2025 Zincore Metals Inc., Annual General Meeting, May 06, 2025. Location: british columbia, vancouver Canada Annonce • Mar 13
Zincore Metals Inc. announced that it has received CAD 4.68014 million in funding On March 12, 2025. Zincore Metals Inc. has closed the transaction. it has issued 31,200,930 subscription receipt at a price of CAD 0.15 for gross proceeds of CAD 4,680,139.55. In connection with the Financing, upon exercise of the Subscription Receipts, the Company will pay
finder's fees to eligible finders consisting of CAD 173,978.97. Annonce • Feb 14
Zincore Metals Inc. announced that it expects to receive CAD 4.35 million in funding Zincore Metals Inc. announced a non-brokered private placement that it will issue up to 29,000,000 subscription receipts of the Company at a price of CAD 0.15 per Subscription Receipt for the gross proceeds of up to CAD 4,350,000 on February 13, 2025. The Company may pay finder's fees in connection with the Concurrent Financing, in accordance with the policies of the Exchange. The Concurrent Financing remains subject to the approval of the Exchange. Board Change • Jul 16
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 10
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 23
Zincore Metals Inc., Annual General Meeting, Jun 25, 2024 Zincore Metals Inc., Annual General Meeting, Jun 25, 2024. Board Change • Apr 11
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 18
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 29
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 12
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Feb 04
Zincore Metals Inc. Announces Chief Financial Officer Changes Zincore Metals Inc. announced that it has appointed Cheryll Lingal as Chief Financial Officer, replacing Maggie Wong who has resigned as Chief Financial Officer of the Company. Board Change • Jan 25
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 14
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 26
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 25
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 29
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 03
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. 2 non-independent directors. Independent Director Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • May 17
Zincore Metals Inc. announced that it has received CAD 0.75 million in funding On May 16, 2023, Zincore Metals Inc. closed the transaction. All securities issued under the transaction are subject to a four-month hold period expiring on September 17, 2023. The company paid no finders’ fees or commissions were paid in connection with the completion of the transaction. The closing of this transaction is subject to the receipt of all necessary regulatory approvals including that of the TSX Venture Exchange. Board Change • Apr 18
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 Ramon Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Feb 15
Zincore Metals Inc. announced that it has received CAD 0.1908 million in funding On February 14, 2023, Zincore Metals Inc. closed the transaction. The company issued 19,080,000 Units at an issue price of CAD 0.01 per Unit for the gross proceeds of CAD 190,800. The securities issued in connection with the Offering are subject to a statutory hold period of four months plus a day, which expires on June 15, 2023. No proceeds of the transaction were paid to any non-arm’s length parties or for investor relations activities. Finders’ fees were not paid in connection with the transaction. Annonce • Jan 17
Zincore Metals Inc. announced that it expects to receive CAD 0.19 million in funding Zincore Metals Inc. announce a non-brokered private placement of up to 19,000,000 units at a price of CAD 0.01 per unit for aggregate gross proceeds of up to CAD 190,000 on January 16, 2023. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one share at an exercise price of CAD 0.05 per warrant share for a period of three years from the closing date. The exercise of the warrants will be eligible for flow-through tax treatment, subject to certain conditions. The transaction is expected to close by the end of January, 2023 and is subject to satisfaction of customary closing conditions, including, but not limited to, the approval of the TSX Venture Exchange and receipt of all necessary corporate and regulatory approvals. Finder's fees may be payable in connection with the transaction. All securities issued in connection with the transaction will be subject to a statutory hold period of four months plus a day from the closing date in accordance with applicable securities legislation. 