Board Change • Apr 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Chairman, President & CEO John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Chairman, President & CEO John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. President, CEO & Director John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. President, CEO & Director John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Oct 23
Highcliff Metals Corp., Annual General Meeting, Dec 16, 2025 Highcliff Metals Corp., Annual General Meeting, Dec 16, 2025. Board Change • Sep 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. President, CEO & Director John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. President, CEO & Director John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jul 03
Highcliff Metals Corp. announced that it has received CAD 0.249996 million in funding On July 2, 2025, Highcliff Metals Corp. has closed the transaction. The company issued 4,166,598 common shares at a price of CAD 0.06 per share for total proceeds of up to CAD 249,995.88. The securities under the Offering will be subject to restrictions on resale expiring four
months and day after issue. The transaction includes participation from Guoga for CAD 192,000. Guoga will own and control approximately 36.22% of the Company’s issued and outstanding shares on completion
of the Offering. Board Change • Jun 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. President, CEO & Director John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. President, CEO & Director John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 11
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. President, CEO & Director John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Mar 26
Highcliff Metals Corp. announced that it expects to receive CAD 0.25 million in funding Highcliff Metals Corp announced a non brokered Private Placement to issue 4,166,667 post-consolidation common shares at a price of CAD 0.06 per post-Consolidation share for total proceeds of up to CAD 250,000.02 on March 25, 2025. The Consolidation remains subject to acceptance of the TSX Venture Exchange. The Company may pay registered finders a fee in cash and/or share purchase warrants. The securities under the Offering will be subject to restrictions on resale expiring four months and day after issue. Board Change • Mar 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. President, CEO & Director John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Dec 24
Highcliff Metals Corp., Annual General Meeting, Feb 05, 2025 Highcliff Metals Corp., Annual General Meeting, Feb 05, 2025. Annuncio • Oct 02
Greyridge Exploration Corp. entered into a non-binding letter of intent to acquire Highcliff Metals Corp. (TSXV:HCM.H) in a reverse merger transaction. Greyridge Exploration Corp. entered into a non-binding letter of intent to acquire Highcliff Metals Corp. (TSXV:HCM.H) in a reverse merger transaction on September 27, 2024. In a related agreement, Greyridge entered into a share purchase agreement, whereby Greyridge has agreed to acquire all of the issued and outstanding shares of ERG Middle East S.a.r.l (ERG) on September 24, 2024. Highcliff will acquire all of the issued and outstanding shares of Greyridge (the 'Greyridge Shares') by means of a 'three-cornered amalgamation' (the 'Transaction') among the Company, Greyridge and a subsidiary incorporated by the Company. The Company will acquire all the issued and outstanding Greyridge Shares by way of a three-cornered amalgamation and, in consideration of the issuance of the Greyridge Shares, the Company will issue common shares in the capital of the Company (the 'Resulting Issuer Shares') to the shareholders of Greyridge and ERG. The Transaction will be considered a reverse takeover pursuant to Exchange Policy 5.2. Prior to closing the Transaction: Highcliff has committed to completing a non-brokered private placement financing ('the RTO Financing') by issuing a minimum of 37,500,000 common shares or subscription receipts in the capital of the Company at CAD 0.10 per share, or subscription receipt for minimum gross proceeds of CAD 3,750,000 for the purposes of satisfying the deferred cash consideration for the ERG Acquisition and operational expenditure for the Resulting Issuer. Upon completion of the Transaction, the resulting issuer of the Transaction (the 'Resulting Issuer') anticipates it will be a Tier 2 mining issuer on the Exchange. Trading in the listed securities of the Company will remain halted pursuant to section 2.2 of Exchange Policy 5.2.
On completion of the Transaction, the Board of Directors of the Resulting Issuer will consist of five directors, four of whom will be nominated by the current management of Greyridge and one of whom will be nominated by the Company and acceptable by both parties. Completion of the Transaction is subject to the negotiation and execution of the Amalgamation Agreement, satisfaction of the conditions to closing set forth in the Amalgamation Agreement, completion of the Highcliff and Greyridge Financings, the completion of the acquisition of ERG Middle East S.a.r.l., and acceptance of the Exchange. The Transaction will not require shareholder approval of Highcliff Metals. Board Change • Aug 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Aug 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 99% 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. Negative equity (-CA$215k). Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$373.5k market cap, or US$269.4k). Minor Risk Large one-off items impacting financial results. Annuncio • Aug 01
Highcliff Metals Corp. announced that it has received $0.1395 million in funding On July 31, 2024, Highcliff Metals Corp. closed the transaction. The company issued 9,300,000 common shares at a price of $0.015 per share for the gross proceeds of up to $139,500 in the transaction. The transaction included participation from an insider of the company for a total of 600,000 common shares for aggregate gross proceeds of $9,000. Board Change • Jul 09
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • May 26
Highcliff Metals Corp. announced that it expects to receive $0.140595 million in funding Highcliff Metals Corp. announced a non-brokered private placement of up to 9,373,000 common shares at a price of $0.015 per share for the gross proceeds of up to $140,595 on May 24, 2024. The securities under the offering will be subject to restrictions on resale expiring four months and one day after issue. The company may pay fees to registered finders in cash or share purchase warrants. Board Change • Apr 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 28
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. President, CEO & Director John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. President, CEO & Director John Theobald was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 15
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 09
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 29
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Wayne Moorhouse was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 