Board Change • May 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. 3 experienced directors. No highly experienced directors. CEO & Director Richard Graham was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Mar 17
Rhyolite Resources Ltd., Annual General Meeting, May 15, 2026 Rhyolite Resources Ltd., Annual General Meeting, May 15, 2026. Location: british columbia, vancouver Canada Board Change • Mar 01
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. 3 experienced directors. No highly experienced directors. CEO & Director Richard Graham was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Feb 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.9m (US$9.40m) 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 Revenue is less than US$1m. Market cap is less than US$10m (CA$12.9m market cap, or US$9.40m). Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Large one-off items impacting financial results. Annuncio • Feb 18
Gold Hart Copper Corp. (TSXV:HART) entered into a binding letter agreement to acquire Rhyolite Resources Ltd. (TSXV:RYE) for CAD 12.8 million. Gold Hart Copper Corp. (TSXV:HART) entered into a binding letter agreement to acquire Rhyolite Resources Ltd. (TSXV:RYE) for CAD 12.8 million on February 16, 2026. As per the transaction, Gold Hart Copper Corp. will issue 1 share for every 2.6 Rhyolite Resources Ltd.;s shares. The transaction is subject to subject to court approval, approval by regulatory board / committee, obtaining financing, definitive agreement, approval of offer by target shareholders and receipt of limited amount of working capital of acquiror. The expected completion of the transaction is 2nd quarter of 2026. New Risk • Nov 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.9m (US$9.87m) 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 Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.9m market cap, or US$9.87m). Minor Risk Large one-off items impacting financial results. Annuncio • Jun 16
Rhyolite Resources Ltd., Annual General Meeting, Aug 19, 2025 Rhyolite Resources Ltd., Annual General Meeting, Aug 19, 2025. Location: british columbia, vancouver Canada Annuncio • Apr 26
Rhyolite Resources Ltd. announced that it expects to receive CAD 3.75 million in funding Rhyolite Resources Ltd. announced a non-brokered private placement that it will issue up to 25,000,000 common shares of the company at an issue price of CAD 0.15 per share for the gross proceeds of up to CAD 3,750,000 on April 25, 2025. In connection with the completion of the offering, the company may pay finders' fees to eligible parties that assisted in introducing subscribers to the company. All securities to be issued in connection with the offering will be subject to a four-month-and-one-day statutory hold period, in accordance with applicable securities laws. The completion of the offering remains subject to approval of the TSX Venture Exchange. The company anticipates that insiders of the company will participate in the offering in an amount of up to 25 per cent of the total offering. Buy Or Sell Opportunity • Jan 30
Now 35% overvalued Over the last 90 days, the stock has fallen 11% to CA$0.085. The fair value is estimated to be CA$0.063, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Dec 08
Now 28% overvalued The stock has been flat over the last 90 days, currently trading at CA$0.08. The fair value is estimated to be CA$0.063, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Annuncio • Sep 13
Rhyolite Resources Ltd., Annual General Meeting, Nov 21, 2024 Rhyolite Resources Ltd., Annual General Meeting, Nov 21, 2024. Location: british columbia, vancouver Canada Annuncio • Jan 18
Rhyolite Resources Ltd. Common Shares to Be Deleted from OTC Equity Rhyolite Resources Ltd. Common Shares (Canada) will be deleted from OTC Equity effective January 18, 2024, due to Inactive Security. Annuncio • Dec 23
Rhyolite Resources Ltd. announced that it has received CAD 0.2 million in funding from Tyrus Capital S.A.M. Rhyolite Resources Ltd. announced that it has completed a private placement of 4,000,000 common Shares at a price of CAD 0.05 per Common Share for gross proceeds of CAD 200,000 on December 21, 2023. The transaction included participation returning investor, Tyrus Capital Event Master Fund Limited, a fund managed by Tyrus Capital S.A.M for 3.73%. The investor has hold 17.66% stake in the company. Board Change • Oct 24
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Mike Leskovec is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jun 24
Rhyolite Resources Ltd., Annual General Meeting, Aug 24, 2023 Rhyolite Resources Ltd., Annual General Meeting, Aug 24, 2023. New Risk • Jun 08
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 16% 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$5.6m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 73% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$7.50m market cap, or US$5.61m). Board Change • Mar 01
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Mike Leskovec is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Feb 15
Mr. Fred Stanford acquired Muckahi Inc. Mr. Fred Stanford entered into agreement Muckahi Inc. on December 15, 2022. Consideration 9,500,000 common shares previously issued to Mr. Fred Stanford. The Royalty will entitle Rhyolite Resources to receive ten percent of the gross revenue generated by any party from the use of the Muckahi Mining System, until such time as the Company has received CAD10,000,000. The transfer of ownership of Muckahi, and the grant of the Royalty, remain subject to finalization of definitive documentation and the receipt of any required regulatory approvals.
Mr. Fred Stanford completed acquisition of Muckahi Inc. on February 14, 2023. Board Change • Nov 16
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 Mike Leskovec is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 04
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 Mike Leskovec is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 17
Rhyolite Resources Ltd. Identifies 3.5 Km of Gold Mineralized Shear Zone in the Guiana Shield Greenstone Belt of Suriname Rhyolite Resources Ltd. announced that its inaugural 3,000-metre diamond core drilling program at the Brothers Project in Suriname has identified a gold mineralized shear zone 3.5 km in length. The shear zone is open on strike at both ends and is open down dip. Highlight assay results include 10 metres (m) of 1.8 g/t gold (Au) in hole BRDD-001, 6m of 4.6 g/t Au in hole BRDD-004, 8m of 2.4 g/t Au in hole BRDD-009, 1m of 20.5 g/t Au in hole BRDD-013. The drill program was completed in late March 2022. Fred Stanford, Chief Executive Officer of Rhyolite, commented: "These initial holes were drilled to test for gold mineralization at shallow depths. It is early days in this exploration program, but it was more than encouraging to find 10m of 1.8 g/t Au in the first hole drilled on the large 9,600-hectare Brothers Project located on a significant, emerging gold belt in the Guiana Shield. The team will make use of the geological and structural understandings that were enhanced by this drill program, as well as additional geophysics and geochemical work to refine the targeting for the next drilling campaign at the Brothers Project. No previous diamond drilling had been conducted on the district-scale Brothers Project. The focus of the initial 20-hole drilling program was to test a variety of target types to identify priority prospects along with host rocks, structure and alteration. Planned follow-up exploration will include trenching and field sampling in the southern part of Brothers that hosts volcanic-sedimentary lithologies resembling the world-class Rosebel and Merian gold mines in Suriname. Standard protocol of chain of custody, standards, blanks and duplicates were used. Oriented core of HQ size was done and structural data entered in a database software. Filab Assay Lab in Suriname was used for 50-gram fire assays. Check assays of pulps and rejects are in progress. Annuncio • Dec 22
Rhyolite Resources Ltd. announced that it has received CAD 18.08 million in funding On December 21, 2021, Rhyolite Resources Ltd. closed the transaction. All Common Shares issued under the Offering are subject to a hold period expiring on April 22, 2022 in accordance with applicable securities laws. Annuncio • Dec 08
Rhyolite Resources Ltd. announced that it expects to receive CAD 18.08 million in funding Rhyolite Resources Ltd. announced a private placement on a bought deal basis of 16,000,000 common shares at a price of CAD 0.88 per share for gross proceeds of CAD 14,080,000 and a non-brokered private placement 4,545,455 commons shares at a price of CAD 0.88 per share for gross proceeds of CAD 4,000,000 for aggregate gross proceeds of CAD 18,080,000 on December 7, 2021. The transaction is expected to close on or about December 21, 2021 and is subject to receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange. Board Change • Dec 05
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Mike Leskovec is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Sep 21
Rhyolite Resources Ltd. (TSXV:RYE) completed the acquisition of Muckahi Inc. from Fred Stanford. Rhyolite Resources Ltd. (TSXV:RYE) agreed to acquire Muckahi Inc. from Fred Stanford for CAD 15.7 million on September 7, 2021. Rhyolite Resources Ltd. will pay the 9.5 million common shares to Fred Stanford of which 1 million common shares will be delivered to Fred Stanford as of the closing date of the transaction and the remaining 8.5 million common shares will be deposited in escrow. The escrowed shares will be released from escrow to Fred Stanford in tranches (1 million; 2 million; 2 million; and 3.5 million, respectively) over a four-year period, on each succeeding 12-month anniversary of the Closing Date, conditional upon Fred Stanford remaining involved with the Rhyolite Resources Ltd. in any capacity other than as a shareholder as at each anniversary date. Fred Stanford is appointed as Chief Executive Officer and Director of Rhyolite Resources Ltd. The transaction is subject to the prior approval of the TSX Venture Exchange.
Rhyolite Resources Ltd. (TSXV:RYE) completed the acquisition of Muckahi Inc. from Fred Stanford on September 20, 2021. Is New 90 Day High Low • Feb 18
New 90-day low: CA$0.62 The company is down 33% from its price of CA$0.93 on 19 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 3.0% over the same period. Annuncio • Jan 06
Rhyolite Resources Ltd. Announces Board Changes Rhyolite Resources Ltd. reported that Tony Chedraoui and Michael Leskovec were elected as new members of the Rhyolite Board of Directors at its Annual General Meeting held on December 14, 2020. Mr. Chedraoui is the founder, Chief Executive Officer and Chief Investment Officer of Tyrus Capital, which is an alternative asset manager with offices in Monaco and London. In September 2018, Mr. Chedraoui was appointed as a member of the Hautes Etudes Commerciales (HEC) Paris International Advisory Board, providing advice and guidance to HEC and assisting in its strategic development. Mr. Leskovec is the Chief Financial Officer of Northfield Capital Corporation. Annuncio • Jan 05
Rhyolite Resources Ltd. Reports Initial Field Work Exploration Program in December at the Brothers Project in Suriname Rhyolite Resources Ltd. reported that the initial field work exploration program in December at the Brothers Project in Suriname has expanded on the gold potential of the concession. Prospecting by small-scale miners working within the Brothers concession have opened new sites exposing quartz veins in the soil profile. High-grade rock samples and channel samples continue to expand the extent of the gold bearing structures at Brothers. Highlights: 41 rock grab samples with the highest values of 42.67 and 20.54 grams per tonne (g/t) of gold (Au). In total, 9 samples were 5 g/t or higher (22%) and 19 were greater than 1 g/t (46%). Good reproducibility was noted in duplicate assaying. Two-meter channel samples were collected wherever small-scale miners opened small trenches to prospect. Out of 25 samples, four were over 2 g/t and thirteen were over 0.2 g/t (52%) including: 15.54 g/t over 2 meters and 7.59 g/t over 2 meters near the Mike and Jordel workings. All sampling covered areas of small-scale mining that are within or close to drainages and water. The mineralized quartz veins are associated with structural and silicified zones within granite country rock. Visible gold and high gold values are associated pyrite, silicification, tourmaline and minor chalcopyrite. Further scouting and sampling is planned in January. A Lidar survey, ground geophysics, soil (auger) sampling and trenching are planned to select drill targets in the coming months. Annuncio • Nov 24
Rhyolite Resources Ltd. Announces Executive Changes Rhyolite Resources Ltd. announced the appointment of Ms. Cybill Tsung as Chief Financial Officer of the Company. Mr. John Downes has stepped down as Chief Financial Officer. Ms. Tsung is a Chartered Professional Accountant and a Chartered Accountant of Ontario, Canada with over 18 years of progressive and diverse international experience in senior finance roles with TSX and TSXV-listed companies in the mining, information technology, and consumer product industries. Her mining background encompasses development stage projects, greenfield and advanced exploration, permitting, EIA and feasibility study preparation, working in developing countries, community relocations, and financing. Prior to joining Rhyolite Resources, Ms. Tsung served as Chief Financial Officer for Cordoba Minerals Corp. Annuncio • Nov 06
Rhyolite Resources Ltd. announced that it expects to receive CAD 4.5 million in funding Rhyolite Resources Ltd. (TSXV:RYE) announced a non-brokered private placement of up to 15,000,000 common shares at a price of CAD 0.30 per share for gross proceeds of up to CAD 4,500,000 on November 4, 2020. The company may pay cash commission of 6% of the proceeds to the eligible finders. The securities issued in the transaction will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. The transaction is subject to the receipt of all applicable regulatory approvals. Annuncio • Oct 31
Rhyolite Resources Ltd. (TSXV:RYE) acquired 2777662 Ontario Inc. for CAD 6.9 million. Rhyolite Resources Ltd. (TSXV:RYE) entered into a definitive share purchase agreement to acquire 2777662 Ontario Inc. for CAD 6.9 million on October 30, 2020. Rhyolite Resources issued 15,546,566 common shares as a consideration.
Rhyolite Resources Ltd. (TSXV:RYE) completed the acquisition of 2777662 Ontario Inc. on October 30, 2020. Recent Insider Transactions • Oct 23
Independent Director recently sold CA$55k worth of stock On the 19th of October, Demetrius Pohl sold around 150k shares on-market at roughly CA$0.37 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. 