Torrent Gold（TGLD）株式概要トレント・ゴールド社は資源探査会社で、米国で鉱区の買収と探査を行っている。 詳細TGLD ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6リスク分析過去1年間で株主の希薄化は大幅に進んだ 株式の流動性は非常に低い 意味のある時価総額がありません ( CA$2M )マイナスの株主資本 +1 さらなるリスクすべてのリスクチェックを見るTGLD Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$0.38該当なし内在価値ディスカウントEst. Revenue$PastFuture-1m12016201920222025202620282031Revenue CA$1.0Earnings CA$0.1AdvancedSet Fair ValueView all narrativesTorrent Gold Inc. 競合他社Stockworks GoldSymbol: TSXV:STWMarket cap: CA$1.9mBronco ResourcesSymbol: TSXV:BRONMarket cap: CA$1.4mSierra Grande MineralsSymbol: CNSX:SGROMarket cap: CA$1.8mLexston MiningSymbol: CNSX:LEXTMarket cap: CA$1.4m価格と性能株価の高値、安値、推移の概要Torrent Gold過去の株価現在の株価CA$0.3852週高値CA$0.8552週安値CA$0.18ベータ2.071ヶ月の変化1.33%3ヶ月変化-44.12%1年変化-52.50%3年間の変化-62.00%5年間の変化-93.45%IPOからの変化-84.80%最新ニュースお知らせ • May 19Torrent Gold Inc., Annual General Meeting, Jul 17, 2026Torrent Gold Inc., Annual General Meeting, Jul 17, 2026.Board Change • Apr 17Less than half of directors are independentFollowing 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 Tim Barry 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.New Risk • Mar 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 97% 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$234k). Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.64m market cap, or US$1.94m).お知らせ • Mar 06Torrent Gold Inc. Announces Resignation of Dan Kunz as Director, Effective March 4, 2026Torrent Gold Inc. announced that Dan Kunz has resigned as a Director of the Company effective March 4, 2026, to focus on other business endeavors.お知らせ • Feb 28Torrent Gold Inc. announced that it expects to receive CAD 0.48 million in fundingTorrent Gold Inc. announced a non-brokered private placement of up to 2,400,000 common shares at a price of CAD 0.20 per common share, for aggregate gross proceeds of up to CAD 480,000 on February 27, 2026. The company reserves the right to increase the size of the offering, subject to Canadian Securities Exchange (CSE) approval. Any securities to be issued under the offering will be subject to a hold period of four months and a day from the closing date of the offering in accordance with applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws.Board Change • Jan 21Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.最新情報をもっと見るRecent updatesお知らせ • May 19Torrent Gold Inc., Annual General Meeting, Jul 17, 2026Torrent Gold Inc., Annual General Meeting, Jul 17, 2026.Board Change • Apr 17Less than half of directors are independentFollowing 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 Tim Barry 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.New Risk • Mar 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 97% 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$234k). Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.64m market cap, or US$1.94m).お知らせ • Mar 06Torrent Gold Inc. Announces Resignation of Dan Kunz as Director, Effective March 4, 2026Torrent Gold Inc. announced that Dan Kunz has resigned as a Director of the Company effective March 4, 2026, to focus on other business endeavors.お知らせ • Feb 28Torrent Gold Inc. announced that it expects to receive CAD 0.48 million in fundingTorrent Gold Inc. announced a non-brokered private placement of up to 2,400,000 common shares at a price of CAD 0.20 per common share, for aggregate gross proceeds of up to CAD 480,000 on February 27, 2026. The company reserves the right to increase the size of the offering, subject to Canadian Securities Exchange (CSE) approval. Any securities to be issued under the offering will be subject to a hold period of four months and a day from the closing date of the offering in accordance with applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws.Board Change • Jan 21Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.Board Change • Dec 05Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.Board Change • Nov 03Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.お知らせ • Sep 23Torrent Gold Inc. announced that it expects to receive CAD 0.3 million in fundingTorrent Gold Inc announced a non-brokered private placement to issue 1,111,111 units of the company at a price of CAD 0.27 per unit for aggregate gross proceeds of CAD 299,999.97 on September 23, 2025. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant is transferable and entitles the holder thereof to acquire one share at any time for a period of one year from the date of issuance at a price of CAD 0.35 per share. Any securities to be issued under the offering will be subject to a hold period of four months and a day from the closing date of the offering.Board Change • Sep 02Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.Board Change • Aug 12Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.お知らせ • Jul 09Torrent Gold Inc., Annual General Meeting, Sep 05, 2025Torrent Gold Inc., Annual General Meeting, Sep 05, 2025.Board Change • Jun 20Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.お知らせ • Jun 09Torrent Gold Inc., Annual General Meeting, Jul 30, 2025Torrent Gold Inc., Annual General Meeting, Jul 30, 2025.Board Change • Apr 17Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.お知らせ • Apr 15+ 1 more updateTorrent Gold Inc. Announces Executive and Board ChangesTorrent Gold Inc. announced the appointment of Mr. Richard Cindric as President of the Company, effective April 14, 2025. Mr. Cindric will also join the board of directors. In addition, Mr. Max Baker has resigned as President and Mr. Alex Kunz has resigned as Director of the Company. Mr. Cindric is the President and CEO and Managing Director of Global Oil & Gas Recovery Corp. Mr. Cindric has over 15 years of experience in the Canadian financial industry in corporate finance and the management of public companies with a focus on natural resources and technology. Mr. Cindric has held previous board seats in public companies listed on the CSE. Over the past five years Mr. Cindric has developed relationships in the oil and gas resource sector, specifically in Kansas, Oklahoma and Texas. These relationships provide access to producing oil fields with associated proven reserves that are positive cash flow at current oil and gas prices. Mr. Cindric has identified legacy fields that are available for acquisition or a joint venture partnership and will pursue new business opportunities for the Company.Board Change • Mar 26Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Tim Barry was the last independent director to join the board, commencing their role in 2021. 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 • Feb 18Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Tim Barry was the last independent director to join the board, commencing their role in 2021. 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 • Jan 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$126k 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$126k free cash flow). Shares are highly illiquid. Earnings have declined by 9.3% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$744.8k market cap, or US$518.0k). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding).Board Change • Dec 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Tim Barry was the last independent director to join the board, commencing their role in 2021. 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 • Dec 02Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Tim Barry was the last independent director to join the board, commencing their role in 2021. 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 • Nov 08Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Tim Barry was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Sep 05Torrent Gold Inc. announced that it has received CAD 0.075 million in fundingOn September 4, 2024, Torrent Gold Inc. closed the transaction. The company issued 1,500,000 common shares at a price of CAD 0.05 per common shares for aggregate gross proceeds of CAD 75,000. All securities issued pursuant to the Transactions are subject to a statutory hold period of four months and one day from the date of issuance. The transaction included participation from new and returning investors Edward Max Baker purchased 500,000 Common Shares, Alex Kunz purchased 2,053,322 Common Shares, Daniel Kunz purchased 500,000 Common Shares, Cross Davis purchased 435,067 Common Shares and DKA purchased 891,462 Common Shares.お知らせ • Aug 28Torrent Gold Inc. announced that it expects to receive CAD 0.075 million in fundingTorrent Gold Inc. announced a non-brokered private placement of 1,500,000 common shares at a price of CAD 0.05 per common shares for aggregate gross proceeds of CAD 75,000 on August 27, 2024. The closing of the private placement is expected to occur on or around September 4, 2024. The closing of the transactions remain subject to receipt of all applicable regulatory approvals and the policies of the Canadian Securities Exchange. All securities issued pursuant to the transactions are subject to a statutory hold period of four months and one day from the date of issuance.Board Change • Jun 21Less than half of directors are independentFollowing 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 Max Baker 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.Board Change • Apr 23Less than half of directors are independentFollowing 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 Max Baker 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.Board Change • Mar 05Less than half of directors are independentFollowing 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 Max Baker 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.Board Change • Feb 12Less than half of directors are independentFollowing 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 Max Baker 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.Board Change • Oct 21Less than half of directors are independentFollowing 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 Max Baker 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.Board Change • Sep 28Less than half of directors are independentFollowing 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 Max Baker 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.Board Change • Jul 20Less than half of directors are independentFollowing 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 Max Baker 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.お知らせ • May 27Torrent Gold Inc., Annual General Meeting, Jul 25, 2023Torrent Gold Inc., Annual General Meeting, Jul 25, 2023.Board Change • May 10Less than half of directors are independentFollowing 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 Max Baker 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.Board Change • Mar 17Less than half of directors are independentFollowing 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 Max Baker 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.お知らせ • Dec 09Torrent Gold Inc. announced that it expects to receive CAD 3 million in fundingTorrent Gold Inc. announced a non-brokered private placement to raise gross proceeds of up to CAD 3,000,000 on December 7, 2022.お知らせ • Oct 26Torrent Gold Inc., Annual General Meeting, Dec 23, 2022Torrent Gold Inc., Annual General Meeting, Dec 23, 2022.Board Change • Apr 27Less than half of directors are independentFollowing 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 Max Baker 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.お知らせ • Feb 25Raindrop Ventures Inc. announced that it expects to receive CAD 5 million in fundingRaindrop Ventures Inc. announced a private placement of post-Consolidation units for proceeds of up to CAD 5,000,000 on February 24, 2022. Each unit consists of one unregistered common share and one half of one warrant. Each whole warrant can be converted into one unregistered common share for a price and term established in the transaction. The securities will be subject to restriction.お知らせ • Mar 05Raindrop Ventures Inc. (CNSX:RAYN) completed the acquisition of Nevada Exploration Portfolio of Liberty Gold Corp. (TSX:LGD) for $0.62 million.Raindrop Ventures Inc. (CNSX:RAYN) entered a definitive agreement to acquire Nevada Exploration Portfolio of Liberty Gold Corp. (TSX:LGD) on November 16, 2020. The acquisition price is $0.05 million in cash, 9.9% of Raindrop's issued and outstanding share capital after completion of the planned concurrent private placement, and a 1.5% net smelter return royalty on certain of the properties. The acquisition consist of Liberty Gold's three 100% owned properties (Anchor, Stateline, and Sandy) and three 49% owned properties (Brik, Easter, and Viper). Shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. Raindrop Ventures Inc. (CNSX:RAYN) completed the acquisition of Nevada Exploration Portfolio of Liberty Gold Corp. (TSX:LGD) for $0.62 million on March 3, 2021. As part of consideration, Raindrop Ventures will pay $0.05 million in cash and 4,013,406 million common shares.お知らせ • Feb 13Raindrop Ventures Inc. announced that it has received CAD 2 million in fundingOn February 12, 2021, Raindrop Ventures Inc. (CNSX:RAYN) closed the transaction. The company issued 12,500,000 units for gross proceeds of CAD 2,000,000 in the transaction. The transaction included participation from certain insiders of the company for an aggregate of 425,000 units. All securities issued are subject to a four month and one day hold period expiring June 13, 2021.Is New 90 Day High Low • Feb 03New 90-day high: CA$0.30The company is up 58% from its price of CA$0.19 on 04 November 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period.お知らせ • Feb 02+ 1 more updateRaindrop Ventures Inc. Announces Management ChangesRaindrop Ventures Inc. announced the appointment of Alexander Kunz as President replacing Saf Dhillon who will continue as Corporate Secretary. Both Mr. Kunz and Mr. Dhillon remain members of the Company's board of directors. The company is also announced that G. Peter Parsley has been appointed Vice President - Exploration. Mr. Kunz is a founding member of and has worked over six years for Daniel Kunz & Associates, LLC., a consulting firm specializing in natural resource development. From 2013 through 2018, Mr. Kunz was Director, Vice President and Chief Financial Officer for Gold Torrent Inc.お知らせ • Dec 03Raindrop Ventures Inc. Announces Executive ChangesRaindrop Ventures Inc. announced the appointment of Alexander Kunz to the company's Board of Directors, effective immediately. Raindrop also announces that Mr. Tim Henneberry has tendered his resignation as director of the company, effective immediately. The company would like to thank Mr. Henneberry for his contributions and wishes him the best in his future endeavors. Mr. Kunz brings to the company more than seven years of experience in the management and operations of precious metals exploration and development. Mr. Kunz holds a J.D. and M.Sc. from the Creighton School of Law, and a B.Sc. from Seattle University. Mr. Kunz has been involved in management, corporate governance, and operations; both in exploration and development. Mr. Kunz has experience in both public and private companies and has been part of the management team or serving in an advisory role to several junior mining companies. Previous project jurisdictions include Alaska, Nevada, Idaho, Oregon, Bolivia, Mexico, and Canada. Mr. Kunz holds both a Juris Doctorate and a Master's Degree and has legal experience in government and private practice.お知らせ • Nov 20Raindrop Ventures Inc. (CNSX:RAYN) entered a definitive agreement to acquire Nevada Exploration Portfolio of Liberty Gold Corp.Raindrop Ventures Inc. (CNSX:RAYN) entered a definitive agreement to acquire Nevada Exploration Portfolio of Liberty Gold Corp. on November 16, 2020. The acquisition consist of Liberty Gold's three 100% owned properties (Anchor, Stateline, and Sandy) and three 49% owned properties (Brik, Easter, and Viper. The acquisition price is $50,000 in cash, 9.9% of Raindrop's issued and outstanding share capital after completion of the planned concurrent private placement, and a 1.5% net smelter return royalty on certain of the properties. Shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.お知らせ • Nov 19Raindrop Ventures Inc. announced that it expects to receive CAD 2.08 million in fundingRaindrop Ventures Inc. (CNSX:RAYN) announced a private placement of up to 13,000,000 units at issue price of CAD 0.16 per unit for gross proceeds of CAD 2,080,000 on November 18, 2020. Each units consists of common share and one half of one non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.27 per share until the third anniversary of closing of the transaction. The transaction is subject to approval from Canadian Securities Exchange. All the securities issued in the transaction are subject to a hold period of four months and one day.株主還元TGLDCA Metals and MiningCA 市場7D0%-7.9%-0.07%1Y-52.5%87.2%33.7%株主還元を見る業界別リターン: TGLD過去 1 年間で87.2 % の収益を上げたCanadian Metals and Mining業界を下回りました。リターン対市場: TGLDは、過去 1 年間で33.7 % のリターンを上げたCanadian市場を下回りました。価格変動Is TGLD's price volatile compared to industry and market?TGLD volatilityTGLD Average Weekly Movementn/aMetals and Mining Industry Average Movement11.8%Market Average Movement10.3%10% most volatile stocks in CA Market18.1%10% least volatile stocks in CA Market3.9%安定した株価: TGLDの株価は、 Canadian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間のTGLDのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト2018n/aSaf Dhillonn/aトレント・ゴールド社は資源探査会社で、米国で鉱区の買収と探査を行っている。銀、金、銅、亜鉛の探鉱を行う。同社は以前はレインドロップ・ベンチャーズ社として知られていたが、2022年4月にトレント・ゴールド社に社名変更した。Torrent Gold Inc.は2018年に法人化され、カナダのバンクーバーに本社を置く。もっと見るTorrent Gold Inc. 基礎のまとめTorrent Gold の収益と売上を時価総額と比較するとどうか。TGLD 基礎統計学時価総額CA$1.86m収益（TTM）-CA$1.31m売上高(TTM)n/a0.0xP/Sレシオ-1.4xPER（株価収益率TGLD は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計TGLD 損益計算書（TTM）収益CA$0売上原価CA$0売上総利益CA$0その他の費用CA$1.31m収益-CA$1.31m直近の収益報告Oct 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.27グロス・マージン0.00%純利益率0.00%有利子負債／自己資本比率0%TGLD の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 05:55終値2026/05/07 00:00収益2025/10/31年間収益2025/01/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Torrent Gold Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • May 19Torrent Gold Inc., Annual General Meeting, Jul 17, 2026Torrent Gold Inc., Annual General Meeting, Jul 17, 2026.
Board Change • Apr 17Less than half of directors are independentFollowing 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 Tim Barry 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.
New Risk • Mar 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 97% 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$234k). Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.64m market cap, or US$1.94m).
お知らせ • Mar 06Torrent Gold Inc. Announces Resignation of Dan Kunz as Director, Effective March 4, 2026Torrent Gold Inc. announced that Dan Kunz has resigned as a Director of the Company effective March 4, 2026, to focus on other business endeavors.
お知らせ • Feb 28Torrent Gold Inc. announced that it expects to receive CAD 0.48 million in fundingTorrent Gold Inc. announced a non-brokered private placement of up to 2,400,000 common shares at a price of CAD 0.20 per common share, for aggregate gross proceeds of up to CAD 480,000 on February 27, 2026. The company reserves the right to increase the size of the offering, subject to Canadian Securities Exchange (CSE) approval. Any securities to be issued under the offering will be subject to a hold period of four months and a day from the closing date of the offering in accordance with applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws.
Board Change • Jan 21Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.
お知らせ • May 19Torrent Gold Inc., Annual General Meeting, Jul 17, 2026Torrent Gold Inc., Annual General Meeting, Jul 17, 2026.
Board Change • Apr 17Less than half of directors are independentFollowing 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 Tim Barry 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.
New Risk • Mar 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 97% 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$234k). Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.64m market cap, or US$1.94m).
お知らせ • Mar 06Torrent Gold Inc. Announces Resignation of Dan Kunz as Director, Effective March 4, 2026Torrent Gold Inc. announced that Dan Kunz has resigned as a Director of the Company effective March 4, 2026, to focus on other business endeavors.
お知らせ • Feb 28Torrent Gold Inc. announced that it expects to receive CAD 0.48 million in fundingTorrent Gold Inc. announced a non-brokered private placement of up to 2,400,000 common shares at a price of CAD 0.20 per common share, for aggregate gross proceeds of up to CAD 480,000 on February 27, 2026. The company reserves the right to increase the size of the offering, subject to Canadian Securities Exchange (CSE) approval. Any securities to be issued under the offering will be subject to a hold period of four months and a day from the closing date of the offering in accordance with applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws.
Board Change • Jan 21Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.
Board Change • Dec 05Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.
Board Change • Nov 03Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.
お知らせ • Sep 23Torrent Gold Inc. announced that it expects to receive CAD 0.3 million in fundingTorrent Gold Inc announced a non-brokered private placement to issue 1,111,111 units of the company at a price of CAD 0.27 per unit for aggregate gross proceeds of CAD 299,999.97 on September 23, 2025. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant is transferable and entitles the holder thereof to acquire one share at any time for a period of one year from the date of issuance at a price of CAD 0.35 per share. Any securities to be issued under the offering will be subject to a hold period of four months and a day from the closing date of the offering.
Board Change • Sep 02Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.
Board Change • Aug 12Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.
お知らせ • Jul 09Torrent Gold Inc., Annual General Meeting, Sep 05, 2025Torrent Gold Inc., Annual General Meeting, Sep 05, 2025.
Board Change • Jun 20Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.
お知らせ • Jun 09Torrent Gold Inc., Annual General Meeting, Jul 30, 2025Torrent Gold Inc., Annual General Meeting, Jul 30, 2025.
Board Change • Apr 17Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tim Barry 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.
お知らせ • Apr 15+ 1 more updateTorrent Gold Inc. Announces Executive and Board ChangesTorrent Gold Inc. announced the appointment of Mr. Richard Cindric as President of the Company, effective April 14, 2025. Mr. Cindric will also join the board of directors. In addition, Mr. Max Baker has resigned as President and Mr. Alex Kunz has resigned as Director of the Company. Mr. Cindric is the President and CEO and Managing Director of Global Oil & Gas Recovery Corp. Mr. Cindric has over 15 years of experience in the Canadian financial industry in corporate finance and the management of public companies with a focus on natural resources and technology. Mr. Cindric has held previous board seats in public companies listed on the CSE. Over the past five years Mr. Cindric has developed relationships in the oil and gas resource sector, specifically in Kansas, Oklahoma and Texas. These relationships provide access to producing oil fields with associated proven reserves that are positive cash flow at current oil and gas prices. Mr. Cindric has identified legacy fields that are available for acquisition or a joint venture partnership and will pursue new business opportunities for the Company.
Board Change • Mar 26Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Tim Barry was the last independent director to join the board, commencing their role in 2021. 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 • Feb 18Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Tim Barry was the last independent director to join the board, commencing their role in 2021. 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 • Jan 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$126k 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$126k free cash flow). Shares are highly illiquid. Earnings have declined by 9.3% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$744.8k market cap, or US$518.0k). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding).
Board Change • Dec 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Tim Barry was the last independent director to join the board, commencing their role in 2021. 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 • Dec 02Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Tim Barry was the last independent director to join the board, commencing their role in 2021. 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 • Nov 08Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Tim Barry was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Sep 05Torrent Gold Inc. announced that it has received CAD 0.075 million in fundingOn September 4, 2024, Torrent Gold Inc. closed the transaction. The company issued 1,500,000 common shares at a price of CAD 0.05 per common shares for aggregate gross proceeds of CAD 75,000. All securities issued pursuant to the Transactions are subject to a statutory hold period of four months and one day from the date of issuance. The transaction included participation from new and returning investors Edward Max Baker purchased 500,000 Common Shares, Alex Kunz purchased 2,053,322 Common Shares, Daniel Kunz purchased 500,000 Common Shares, Cross Davis purchased 435,067 Common Shares and DKA purchased 891,462 Common Shares.
お知らせ • Aug 28Torrent Gold Inc. announced that it expects to receive CAD 0.075 million in fundingTorrent Gold Inc. announced a non-brokered private placement of 1,500,000 common shares at a price of CAD 0.05 per common shares for aggregate gross proceeds of CAD 75,000 on August 27, 2024. The closing of the private placement is expected to occur on or around September 4, 2024. The closing of the transactions remain subject to receipt of all applicable regulatory approvals and the policies of the Canadian Securities Exchange. All securities issued pursuant to the transactions are subject to a statutory hold period of four months and one day from the date of issuance.
Board Change • Jun 21Less than half of directors are independentFollowing 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 Max Baker 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.
Board Change • Apr 23Less than half of directors are independentFollowing 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 Max Baker 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.
Board Change • Mar 05Less than half of directors are independentFollowing 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 Max Baker 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.
Board Change • Feb 12Less than half of directors are independentFollowing 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 Max Baker 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.
Board Change • Oct 21Less than half of directors are independentFollowing 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 Max Baker 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.
Board Change • Sep 28Less than half of directors are independentFollowing 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 Max Baker 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.
Board Change • Jul 20Less than half of directors are independentFollowing 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 Max Baker 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.
お知らせ • May 27Torrent Gold Inc., Annual General Meeting, Jul 25, 2023Torrent Gold Inc., Annual General Meeting, Jul 25, 2023.
Board Change • May 10Less than half of directors are independentFollowing 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 Max Baker 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.
Board Change • Mar 17Less than half of directors are independentFollowing 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 Max Baker 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.
お知らせ • Dec 09Torrent Gold Inc. announced that it expects to receive CAD 3 million in fundingTorrent Gold Inc. announced a non-brokered private placement to raise gross proceeds of up to CAD 3,000,000 on December 7, 2022.
お知らせ • Oct 26Torrent Gold Inc., Annual General Meeting, Dec 23, 2022Torrent Gold Inc., Annual General Meeting, Dec 23, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing 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 Max Baker 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.
お知らせ • Feb 25Raindrop Ventures Inc. announced that it expects to receive CAD 5 million in fundingRaindrop Ventures Inc. announced a private placement of post-Consolidation units for proceeds of up to CAD 5,000,000 on February 24, 2022. Each unit consists of one unregistered common share and one half of one warrant. Each whole warrant can be converted into one unregistered common share for a price and term established in the transaction. The securities will be subject to restriction.
お知らせ • Mar 05Raindrop Ventures Inc. (CNSX:RAYN) completed the acquisition of Nevada Exploration Portfolio of Liberty Gold Corp. (TSX:LGD) for $0.62 million.Raindrop Ventures Inc. (CNSX:RAYN) entered a definitive agreement to acquire Nevada Exploration Portfolio of Liberty Gold Corp. (TSX:LGD) on November 16, 2020. The acquisition price is $0.05 million in cash, 9.9% of Raindrop's issued and outstanding share capital after completion of the planned concurrent private placement, and a 1.5% net smelter return royalty on certain of the properties. The acquisition consist of Liberty Gold's three 100% owned properties (Anchor, Stateline, and Sandy) and three 49% owned properties (Brik, Easter, and Viper). Shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. Raindrop Ventures Inc. (CNSX:RAYN) completed the acquisition of Nevada Exploration Portfolio of Liberty Gold Corp. (TSX:LGD) for $0.62 million on March 3, 2021. As part of consideration, Raindrop Ventures will pay $0.05 million in cash and 4,013,406 million common shares.
お知らせ • Feb 13Raindrop Ventures Inc. announced that it has received CAD 2 million in fundingOn February 12, 2021, Raindrop Ventures Inc. (CNSX:RAYN) closed the transaction. The company issued 12,500,000 units for gross proceeds of CAD 2,000,000 in the transaction. The transaction included participation from certain insiders of the company for an aggregate of 425,000 units. All securities issued are subject to a four month and one day hold period expiring June 13, 2021.
Is New 90 Day High Low • Feb 03New 90-day high: CA$0.30The company is up 58% from its price of CA$0.19 on 04 November 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period.
お知らせ • Feb 02+ 1 more updateRaindrop Ventures Inc. Announces Management ChangesRaindrop Ventures Inc. announced the appointment of Alexander Kunz as President replacing Saf Dhillon who will continue as Corporate Secretary. Both Mr. Kunz and Mr. Dhillon remain members of the Company's board of directors. The company is also announced that G. Peter Parsley has been appointed Vice President - Exploration. Mr. Kunz is a founding member of and has worked over six years for Daniel Kunz & Associates, LLC., a consulting firm specializing in natural resource development. From 2013 through 2018, Mr. Kunz was Director, Vice President and Chief Financial Officer for Gold Torrent Inc.
お知らせ • Dec 03Raindrop Ventures Inc. Announces Executive ChangesRaindrop Ventures Inc. announced the appointment of Alexander Kunz to the company's Board of Directors, effective immediately. Raindrop also announces that Mr. Tim Henneberry has tendered his resignation as director of the company, effective immediately. The company would like to thank Mr. Henneberry for his contributions and wishes him the best in his future endeavors. Mr. Kunz brings to the company more than seven years of experience in the management and operations of precious metals exploration and development. Mr. Kunz holds a J.D. and M.Sc. from the Creighton School of Law, and a B.Sc. from Seattle University. Mr. Kunz has been involved in management, corporate governance, and operations; both in exploration and development. Mr. Kunz has experience in both public and private companies and has been part of the management team or serving in an advisory role to several junior mining companies. Previous project jurisdictions include Alaska, Nevada, Idaho, Oregon, Bolivia, Mexico, and Canada. Mr. Kunz holds both a Juris Doctorate and a Master's Degree and has legal experience in government and private practice.
お知らせ • Nov 20Raindrop Ventures Inc. (CNSX:RAYN) entered a definitive agreement to acquire Nevada Exploration Portfolio of Liberty Gold Corp.Raindrop Ventures Inc. (CNSX:RAYN) entered a definitive agreement to acquire Nevada Exploration Portfolio of Liberty Gold Corp. on November 16, 2020. The acquisition consist of Liberty Gold's three 100% owned properties (Anchor, Stateline, and Sandy) and three 49% owned properties (Brik, Easter, and Viper. The acquisition price is $50,000 in cash, 9.9% of Raindrop's issued and outstanding share capital after completion of the planned concurrent private placement, and a 1.5% net smelter return royalty on certain of the properties. Shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.
お知らせ • Nov 19Raindrop Ventures Inc. announced that it expects to receive CAD 2.08 million in fundingRaindrop Ventures Inc. (CNSX:RAYN) announced a private placement of up to 13,000,000 units at issue price of CAD 0.16 per unit for gross proceeds of CAD 2,080,000 on November 18, 2020. Each units consists of common share and one half of one non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.27 per share until the third anniversary of closing of the transaction. The transaction is subject to approval from Canadian Securities Exchange. All the securities issued in the transaction are subject to a hold period of four months and one day.