New Risk • Jun 23
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 Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.61m market cap, or US$3.95m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Annuncio • May 15
Future Mineral Resources Inc. announced that it expects to receive CAD 4.25 million in funding Future Mineral Resources Inc. announced a best efforts non brokered private placement financing of up to 14,166,666 Common Shares at a price of CAD 0.30 per Common Share for gross proceeds of up to CAD 4,250,000 on May 13, 2026. Closing is expected to occur in early June 2026. No insiders are expected to participate in the Remaining Offering, and all securities issued in connection therewith will be subject to a statutory hold period of four-months and one day. Completion of the Remaining Offering is subject to a number of conditions, including all approvals from the TSX. Finder’s fees may be paid to eligible finders in accordance with the policies of the TSX consisting of a cash commission equal to up to 7% of the gross proceeds raised under the Offering. Recent Insider Transactions • Mar 26
CEO, President & Director recently sold CA$54k worth of stock On the 18th of March, Fred Leigh sold around 182k shares on-market at roughly CA$0.30 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Fred's only on-market trade for the last 12 months. New Risk • Mar 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$536k 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$536k free cash flow). Negative equity (-CA$217k). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.16m market cap, or US$3.76m). New Risk • Mar 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% 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 Negative equity (-CA$50k). Earnings have declined by 0.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.16m market cap, or US$3.77m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Feb 25
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 Negative equity (-CA$50k). Earnings have declined by 0.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.67m market cap, or US$4.15m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Annuncio • Jan 08
Future Mineral Resources Inc. announced that it expects to receive CAD 4.5 million in funding Future Mineral Resources Inc. announced a best efforts non-brokered private placement financing of up to 15,000,000 units at a price of CAD 0.30 per Unit for gross proceeds of up to CAD 4,500,000 on January 7, 2026. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to acquire one additional common share of the Company at a price of CAD 0.35 for a period of 12 months from issuance. Closing of the Offering is expected to occur in early February 2026. All securities issued in connection with the Offering will be subject to a statutory hold period of four-months and one day. Completion of the Offering is subject to a number of conditions, including all approvals from the Toronto Stock Exchange (“TSX”). Finder’s fees may be paid to eligible finders in accordance with the policies of the TSX consisting of a cash commission equal to up to 7% of the gross proceeds raised under the Offering and finder warrants (“Finder Warrants”) in an amount equal to up to 7% of the number of Units sold pursuant to the Offering. Each Finder Warrant will entitle the holder thereof to purchase one common share of the Company at a price of CAD 0.35 per share for a period of 12 months following the closing date of the Offering. Annuncio • Dec 23
Future Mineral Resources Inc., Annual General Meeting, Feb 17, 2026 Future Mineral Resources Inc., Annual General Meeting, Feb 17, 2026. Annuncio • Dec 04
Future Mineral Resources Inc. Appoints Dr. Andreas Rompel as Director, Effective from December 3, 2025 Future Mineral Resources Inc. has appointed Dr. Andreas Rompel as a director of the Company, effective from December 3, 2025. Dr. Rompel is a seasoned exploration professional with more than three decades of exploration and mining experience in a wide range of roles from VP Exploration and Project Manager to Country Manager and Corporate Development. Dr. Rompel has worked in a variety of commodities, including precious metals and base metals as well as energy metals – cobalt and lithium. For more than a decade Dr. Rompel evaluated capital projects within Anglo American and was on the board of Spectrem (an Anglo-American Company) as Technical Director. He has worked in many countries on several continents and has well developed multi-linguistic skills. New Risk • Sep 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% 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 (46% average weekly change). Negative equity (-CA$1.3m). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.26m market cap, or US$4.54m). New Risk • Sep 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% 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 Share price has been highly volatile over the past 3 months (36% average weekly change). Negative equity (-CA$1.3m). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.84m market cap, or US$4.22m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Board Change • May 27
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 Indivar Pathak was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Mar 27
Sulliden Mining Capital Inc. announced that it expects to receive CAD 1.5 million in funding Sulliden Mining Capital Inc. announced a best efforts non-brokered private placement to issue 10,000,000 hard dollar units at an issue price of CAD 0.05 per unit for gross proceeds CAD 500,000 and 20,000,000 flow through common shares at an issue price of CAD 0.05 per share for gross proceeds of CAD 1,000,000; aggregate gross proceeds of CAD 1,500,000 on March 25, 2025. Each Unit will consist of one common share of the Company and one common share purchase warrant (each a “Warrant”). Each Warrant will entitle the holder to acquire one additional common share of the Company at a price of CAD 0.10 for a period of 24 months from issuance. Closing of the Offerings is expected to occur in April 2025. All securities issued in connection with the Offerings will be subject to a statutory hold period of four-months and one day. Completion of the Offerings is subject to a number of conditions, including all approvals from the Toronto Stock Exchange (“TSX”). Finder’s fees may be paid to eligible finders in accordance with the policies of the TSX consisting of a cash commission equal to up to 7% of the gross proceeds raised under the Offerings and finder warrants (“Finder Warrants”) in an amount equal to up to 7% of the number of common shares and Units sold pursuant to the Offerings. Each Finder Warrant will entitle the holder thereof to purchase one common share of the Company at a price of CAD 0.10 per share for a period of 24 months following the closing date of the Offerings. In addition, the Company announced today that it has scheduled its annual general and special meeting (the “Meeting”) for June 30, 2025. The Meeting will be held in accordance with applicable corporate governance practices and will provide shareholders with the opportunity to discuss the Company's performance and future direction. Annuncio • Mar 26
Sulliden Mining Capital Inc., Annual General Meeting, Jun 30, 2025 Sulliden Mining Capital Inc., Annual General Meeting, Jun 30, 2025. New Risk • Mar 18
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$1.1m 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$1.1m). Earnings have declined by 9.1% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.31m market cap, or US$912.3k). Board Change • Feb 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 Con Steers was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jun 18
Sulliden Mining Capital Inc. Announces Changes to its Board Sulliden Mining Capital Inc. announced that Indivar Pathak has been appointed as a director of the Company, effective immediately. The appointment of Mr. Pathak follows the resignation of Peter Hooper as a director of the Company. Annuncio • Jun 05
Sulliden Mining Capital Inc. Announces Resignation of Grant Sboros as Director Sulliden Mining Capital Inc. announced that Grant Sboros has resigned as a director of the Company. Annuncio • Jan 28
Sulliden Mining Capital Inc. Announces Chief Financial Officer Changes Sulliden Mining Capital Inc. announce the appointment of Peter Michel as the chief financial officer of the Company, effective immediately. The appointment of Messrs. Michel follow the resignations of Ryan Ptolemy. Peter Michel is a CPA, CA and obtained a Bachelor of Accounting and Financial Management from the University of Waterloo. Mr. Michel formerly served in leadership roles in both public and private companies with most recent focus in healthcare. Additionally, he worked as a Senior Manager at BDO Canada LLP where he worked in its audit and assurance practice. He has expertise in strategic planning, financial reporting, budgeting, acquisitions, cash management and audit. Annuncio • Jan 27
Sulliden Mining Capital Inc. Announces Board Changes Sulliden Mining Capital Inc. announced the appointment of Peter Hooper as the chair of the board, effective immediately. The appointment of Hooper follow the resignations of long-time board member William Clarke. Annuncio • Oct 14
Sulliden Mining Capital Inc., Annual General Meeting, Dec 01, 2023 Sulliden Mining Capital Inc., Annual General Meeting, Dec 01, 2023. Annuncio • Aug 25
Sulliden Mining Capital Inc. (TSX:SMC) completed the acquisition of 75% stake in Orange Creek Uranium Project. Sulliden Mining Capital Inc. (TSX:SMC) entered into an agreement to acquire 75% stake in Orange Creek Uranium Project for AUD 0.4 million on June 27, 2023. The seller will hold remaining 25% stake after the transaction. The transaction is expected to close in July 2023 and is subject to customary closing conditions.Sulliden Mining Capital Inc. (TSX:SMC) completed the acquisition of 75% stake in Orange Creek Uranium Project on August 23, 2023. Annuncio • Jun 28
Sulliden Mining Capital Inc. (TSX:SMC) entered into an agreement to acquire 75% stake in Orange Creek Uranium Project for AUD 0.4 million. Sulliden Mining Capital Inc. (TSX:SMC) entered into an agreement to acquire 75% stake in Orange Creek Uranium Project for AUD 0.4 million on June 27, 2023. The seller will hold remaining 25% stake after the transaction. The transaction is expected to close in July 2023 and is subject to customary closing conditions. Board Change • May 31
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Con Steers was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • May 25
Sulliden Mining Capital Inc. Announces Board Changes Sulliden Mining Capital Inc. announced the appointment of Grant Sboros as a member of the board of directors of the Company effective immediately. Mr. Sboros appointment will succeed Wen Yes resignation from the Companys board of directors. Grant Sboros is the Chief Executive Officer of Euro Sun Mining Inc. He previously worked as the Chief Financial Officer of Katanga Mining Limited from 2017 to 2019. From 2013 to 2017 he was DCFO of Mopani Copper Mines PLC. From 2007 until 2013 Grant was Head of Auditing as a Deloitte partner in Mozambique. He is a Chartered Accountant and holds an Honors degree in Accounting Science from the University of South Africa. Mr. Sboros has extensive mining experience in Africa in both operations and finance. Annuncio • Oct 15
Sulliden Mining Capital Inc., Annual General Meeting, Dec 15, 2022 Sulliden Mining Capital Inc., Annual General Meeting, Dec 15, 2022. Annuncio • May 13
Sulliden Mining Capital Inc. (TSX:SMC) completed the acquisition of 965 Uranium Claims Representing 51,035 Hectares Of Concessions In Quebec. Sulliden Mining Capital Inc. (TSX:SMC) agreed to acquire 965 Uranium Claims Representing 51,035 Hectares Of Concessions In Quebec for CAD 3.1 million on March 23, 2022. Sulliden shall issue 25 million common shares of the Company to the shareholders of Privco at a deemed price per share of CAD 0.125, for aggregate consideration of CAD 3.125 million. The transaction is subject to customary closing conditions and TSX approval. The transaction is expected to close in April 2022.
Sulliden Mining Capital Inc. (TSX:SMC) completed the acquisition of 965 Uranium Claims Representing 51,035 Hectares Of Concessions In Quebec on May 12, 2022. Annuncio • Dec 05
Sulliden Mining Capital Inc. announced that it has received CAD 3 million in funding On December 3, 2021, Sulliden Mining Capital Inc. closed the transaction. All securities issued are subject to a statutory hold period of four months and one day, expiring on April 4, 2022. No finder’s fees were paid in connection with the transaction. Completion of the transaction is subject to receipt of final approval of the Toronto Stock Exchange. Annuncio • Sep 26
Sulliden Mining Capital Inc. announced that it has received CAD 0.45 million in funding On September 24, 2021, Sulliden Mining Capital Inc. closed the transaction. All securities issued are subject to a statutory hold period expiring on January 25, 2022. No finder’s fees were paid in connection with the transaction. The transaction was fully-subscribed. Annuncio • Sep 23
Sulliden Mining Capital Inc. announced that it expects to receive CAD 0.45 million in funding Sulliden Mining Capital Inc announced a non-brokered private placement of up to 7,500,000 units at a price of CAD 0.06 per unit for proceeds of approximately CAD 450,000 on September 21, 2021. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at CAD 0.25 per share at any time within the five years following closing of the transaction. The securities issued are subject to resale retractions for a period of four months plus one day from the closing date. The transaction is expected to close on or before September 24, 2021. Finder’s fees may be paid to eligible finders in accordance with the policies of the TSX consisting of a cash commission equal to up to 7% of the gross proceeds raised under the transaction and finder warrants in an amount equal to up to 7% of the number of common shares sold pursuant to the transaction. Each finder warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.25 per common share for a period of 24 months following the closing date of the transaction. Annuncio • Feb 25
Sulliden Mining Capital Inc. Announces 52.4 m at 1.14 g/t Gold Equivalent Adjacent to Eldorado’s Triangle Mine on its 100% Owned East-Sullivan Formerly Producing Property Sulliden Mining Capital Inc. announced the results of its 2019 and 2020 drilling campaigns on its 100% owned East-Sullivan property (the “Property”). The Property is located in the heart of one of the most prolific gold and copper greenstone belts in the world, which is within the historical mining camp of Val-d’Or, Quebec, Canada. The Property is adjacent to and less than 2km away from Eldorado Gold Corp.’s Lamaque mining operation. Note that Eldorado has entered into a definitive arrangement agreement pursuant to which it is expected that Eldorado will acquire 100% of QMX Gold Corp. (“QMX”), which owns properties directly north of the Property. QMX reports an indicated mineral resource of 397 KOz at an average grade of 1.67 g/t Au. The Property also hosts the former East-Sullivan mine, a major producer that operated from 1949 to 1966. Ore was historically mined from a multi-lens, polymetallic base metal deposit (Cu, Zn, Au, Ag, ±Pb) and past production amounted to 14,968,918 tonnes at an average of 1.05% Cu, 0.78% Zn, 0.38 g/t Au and 10.63 g/t Ag according to the compilation of yearly production figures produced by the Department of Mines of the Province of Quebec. Drilling on the Property was conducted in two phases: In September 2019, Sulliden completed drill holes SU-19-001 and SU-19-002 to test the eastern extension of the East-Sullivan past producing mine. Both SU-19-001 and SU-19-002 intersected mineralization. Highlights are 52.4 meters grading 0.45% Cu and 0.44 g/t Au for the first hole, and 20.2 meters grading 0.66% Cu and 0.4 g/t Au for the second hole. In October 2020, drill holes SU-20-001 and SU-20-002 tested a magnetic anomaly at the western contact of the East-Sullivan pluton and the western extension of the East-Sullivan past producing mine, respectively. Drillhole SU-20-002 intersected 9 meters averaging 0.95% Cu and 0.14 g/t Au. A compilation of surface and underground drill data respecting the former East-Sullivan mine was completed in 2020, which lead management to a better understanding of mineralization trends and controls. The eastern extension of the mineralization straddles the East-Sullivan pluton contact oriented N50E, whereas the western extension is oriented east-west. The true thickness of the mineralized drill intervals could thus be estimated. Annuncio • Nov 10
Sulliden Mining Capital Inc., Annual General Meeting, Dec 01, 2020 Sulliden Mining Capital Inc., Annual General Meeting, Dec 01, 2020, at 10:00 US Eastern Standard Time. Location: 65 Queen Street West, 9th Floor Toronto Ontario Canada Agenda: To receive and consider the audited financial statements as at and for the fiscal year ended July 31, 2020, together with the report of the auditors thereon; to appoint McGovern Hurley LLP as auditor of Sulliden Mining Capital Inc. and authorize the directors to fix their remuneration; to consider and elect the directors for the ensuing year; and to consider other business as may properly come before the Meeting or any postponement(s) or adjournment(s) thereof. 