Board Change • Jul 22
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 & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jul 07
Highrock Resources Ltd., Annual General Meeting, Sep 02, 2026 Highrock Resources Ltd., Annual General Meeting, Sep 02, 2026. Board Change • Jun 29
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 & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 15
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 & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 03
Highrock Resources Ltd. announced that it has received CAD 0.1 million in funding from Greencastle Resources Ltd. On April 1, 2026, Highrock Resources Ltd. closed the transaction. It has issued 2,000,000 units at a price of CAD 0.05 per Unit for gross proceeds of CAD 100,000. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. Prior to the completion of the Offering, Greencastle Resources Ltd. ("Greencastle") held an aggregate of 6,084,940 Common Shares and 2,200,000 Warrants, representing approximately 23.40% of the issued and outstanding Common Shares on an undiluted basis and approximately 29.37% on a partially diluted basis. Upon completion of the Offering, investor held an aggregate of 7,084,940 Common Shares and 3,200,000 Warrants, representing approximately 25.30% of the then issued and outstanding Common Shares on an undiluted basis and approximately 32.96% on a partially diluted basis. Annuncio • Feb 25
Highrock Resources Ltd. announced that it expects to receive CAD 0.05 million in funding Highrock Resources Ltd. announced a non-brokered private placement of up to 1,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 50,000 on February 24, 2026. Each unit shall be comprised of one common share and one whole common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share at a price of CAD 0.075 per common share until the date that is two years from the date of issuance. The closing of the offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in the offering is subject to a hold period of 4 months and 1 day from the date of issuance. Board Change • Jan 30
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 & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 24
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$107k 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 Less than 1 year of cash runway based on free cash flow trend (-CA$403k free cash flow). Shares are highly illiquid. Negative equity (-CA$107k). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$910.2k market cap, or US$665.3k). Board Change • Dec 03
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 & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 18
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 & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 29
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 & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 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. No experienced directors. No highly experienced directors. President & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 31
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 & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jun 05
Highrock Resources Ltd., Annual General Meeting, Jul 30, 2025 Highrock Resources Ltd., Annual General Meeting, Jul 30, 2025. Board Change • Feb 26
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 & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 15
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 & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 01
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$387k 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$387k free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (94% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.03m market cap, or US$765.0k). New Risk • Sep 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 94% 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 (94% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.16m market cap, or US$854.1k). Annuncio • Aug 05
Highrock Resources Ltd., Annual General Meeting, Sep 27, 2024 Highrock Resources Ltd., Annual General Meeting, Sep 27, 2024. Annuncio • Jul 26
Highrock Resources Ltd. announced that it expects to receive CAD 0.5 million in funding Highrock Resources Ltd. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 500,000 on July 25, 2024. Each unit shall be comprised of one common share and one whole common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share at a price of CAD 0.075 per common share until the date that is two years from the date of issuance. The closing of the offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in connection with the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. Board Change • Jun 27
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). President & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • May 09
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). President & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. New Risk • Apr 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 50% 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 Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$990.3k market cap, or US$720.2k). Minor Risk Shareholders have been diluted in the past year (50% increase in shares outstanding). Board Change • Apr 15
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). President & Director Tony Roodenburg is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Annuncio • Mar 15
Highrock Resources Ltd. announced that it expects to receive CAD 0.325 million in funding Highrock Resources Ltd. announced a non-brokered private placement of 6,500,000 units at a price of CAD 0.05 per Unit for gross proceeds CAD 325,000 on March 13, 2024. Each Unit shall be comprised of one common share in the capital of the Company and one whole Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share at a price of CAD 0.075 per Common Share until the date that is two years from the date of issuance. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. Board Change • Dec 04
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 Jim Place was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 31
Highrock Resources Ltd. Announces CFO Changes Highrock Resources Ltd. announced that it has appointed Mr. Carmelo Marrelli as the Chief Financial Officer of the Company effective the date hereof. Mr. Marrelli is the principal of Marrelli Support Services Inc., a Toronto firm that has delivered accounting and regulatory compliance services to listed companies on the Toronto Stock Exchange, TSX Venture Exchange, the Canadian Securities Exchange and other exchanges, as well as non-listed companies. for over twenty years. In addition, Mr. Marrelli beneficially controls DSA Corporate Services Inc., a firm that provides corporate secretarial and regulatory filing services and Marrelli Trust Company Limited, a provincially registered trust company, offering transfer agent services. Concurrent with Mr. Marrelli's appointment, Ms. Nancy Kawazoe has resigned as the Chief Financial Officer, however, Ms. Kawazoe remains on as a Director. New Risk • Sep 27
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$285k 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$285k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.53m market cap, or US$1.13m). Minor Risk Less than 3 years of financial data is available. Board Change • Sep 17
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 Jim Place was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Sep 14
Highrock Resources Ltd. Announces CEO Changes Highrock Resources Ltd. announce that it has appointed Mr.Anthony Roodenburg as a Chief Executive Officer of the Company effective August 31, 2023. Mr. Roodenburg is the Founder and Chief Executive Officer of Greencastle Resources Ltd. and has been involved in the creation and financing of several startup ventures, since leaving National Bank, in 1991. Concurrent with Mr.Roodenburg's appointment, Mr. Gary Musil has resigned as President and Chief Executive Officer of the Company and Ms. Dianne Szigety has resigned as a Director of the Company. Mr.Musil, a founder of the Company remains on as a Director. The Company thanks Ms. Szigety for her invaluable contributions.