Board Change • May 04
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. Corporate Secretary & Independent Director William Rascan 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 • Apr 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 42% 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 (42% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.90m market cap, or US$1.39m). お知らせ • Apr 16
Adelphi Metals Inc. announced that it has received CAD 0.532 million in funding On April 14, 2026, Adelphi Metals Inc. announces that it has closed oversubscribed private placement. It has issued 5,320,000 units at an issue price of CAD 0.10 for gross proceeds of CAD 532,000. The company paid cash finders' fees in connection with subscriptions to the offering totaling CAD 19,960 and issued 189,600 non-transferable finders' warrants. Shares issued pursuant to the financing will be subject to a four-month hold period according to applicable securities laws of Canada. Board Change • Apr 13
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. Corporate Secretary & Independent Director William Rascan 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 • Feb 19
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. Corporate Secretary & Independent Director Will Rascan 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 08
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. Corporate Secretary & Independent Director Will Rascan 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 • Dec 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. Corporate Secretary & Independent Director Will Rascan 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. お知らせ • Jul 21
Adelphi Metals Inc., Annual General Meeting, Sep 25, 2025 Adelphi Metals Inc., Annual General Meeting, Sep 25, 2025. Location: british columbia, vancouver Canada New Risk • Apr 02
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$172k 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$172k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.19m market cap, or US$829.9k). Minor Risk Less than 3 years of financial data is available.