お知らせ • Jan 12
Quri-Mayu Developments Ltd. Announces Resignation Of Peter Rhodes as Director, Effective January 7, 2026 Quri-Mayu Developments Ltd. announced that Peter Rhodes resigned as a director of the Company, effective January 7, 2026. お知らせ • Jan 02
Quri-Mayu Developments Ltd., Annual General Meeting, Mar 06, 2026 Quri-Mayu Developments Ltd., Annual General Meeting, Mar 06, 2026. お知らせ • Oct 31
Quri-Mayu Developments Ltd. announced that it has received CAD 1.197336 million in funding On October 30, 2025, Quri-Mayu Developments Ltd. closed the transaction and its final tranche. The company issued 8,360,000 units at a price of CAD 0.05 for gross proceeds of CAD 418,000 in its second and final tranche. Together with the proceeds from the first tranche, the Company has raised total gross proceeds of CAD 1,197,336 under the Offering. Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant. Each Warrant entitles the holder to purchase one additional Share at a price of CAD 0.10 per Warrant Share for a period of twenty four months from the date of issuance, subject to an acceleration provision whereby if the closing price of the Shares on the TSX Venture Exchange equals or exceeds CAD 0.20 for a period of ten consecutive trading days, the Company may, within fifteen days of such occurrence, accelerate the expiry date of the Warrants by giving notice to the holders. In such event, the Warrants will expire thirty (30) days after such notice is given. In connection with the Second Tranche, the Company paid finder’s fees of CAD 10,150 in cash and issued 175,000 non-transferable finder’s warrants to eligible finders. Each Finder’s Warrant is exercisable into one Share at a price of CAD 0.10 per Finder’s Warrant Share for a period of twenty-four months from the date of issuance. The securities issued under the Second Tranche are subject to a statutory hold period of four months and one day, expiring on February 25, 2026. お知らせ • Jul 15
Quri-Mayu Developments Ltd. announced that it expects to receive CAD 2 million in funding Quri-Mayu Developments Ltd. announces a non-brokered private placement to issue 40,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 2,000,000 on July 14, 2025. Each Unit will consist of one common share and one-half of one common share purchase warrant of the Company. Each Warrant will entitle the holder to purchase one Share at an exercise price of CAD 0.10 per Warrant Share for a period of 24 months from the date of issuance. Finders’ fees may be payable in connection with the Offering in accordance with the policies of the TSXV. All securities to be issued in connection with the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws. Board Change • Jun 05
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. 4 experienced directors. No highly experienced directors. Independent Director Grant Carlson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 15
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. 4 experienced directors. No highly experienced directors. Independent Director Grant Carlson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 30
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$156k 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$156k free cash flow). Shares are highly illiquid. Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$903.8k market cap, or US$631.3k). Board Change • Mar 19
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. 4 experienced directors. No highly experienced directors. Independent Director Grant Carlson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Feb 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% 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. Earnings have declined by 8.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.81m market cap, or US$1.27m). Board Change • Dec 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. 4 experienced directors. No highly experienced directors. Independent Director Grant Carlson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 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. 4 experienced directors. No highly experienced directors. Independent Director Grant Carlson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Oct 24
Quri-Mayu Developments Ltd. announced that it expects to receive CAD 0.35 million in funding Quri-Mayu Developments Ltd. announced it has arranged anon-brokered private placement of up to 17.5 million units at a price of CAD 0.02 per unit for gross proceeds of CAD 350,000.on October 23, 2024. Each unit consists of one common share and one common share purchase warrant of the company. Each warrant entitles the holder to purchase one share for a period of 36 months from the date of issue at an exercise price of CAD 0.025 per warrant share, subject to an acceleration provision in the event the trading price of the shares equals or exceeds CAD 0.1 for a period of 10 consecutive days. Board Change • Oct 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. 4 experienced directors. No highly experienced directors. Independent Director Grant Carlson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 30
New major risk - Revenue and earnings growth Earnings have declined by 0.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$332k free cash flow). Shares are highly illiquid. Earnings have declined by 0.3% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$671.0k market cap, or US$490.4k). お知らせ • Jun 26
Quri-Mayu Developments Ltd., Annual General Meeting, Sep 04, 2024 Quri-Mayu Developments Ltd., Annual General Meeting, Sep 04, 2024. New Risk • Feb 23
New major risk - Revenue and earnings growth Earnings have declined by 0.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$381k free cash flow). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$2.01m market cap, or US$1.49m). Board Change • Oct 31
High number of new directors Independent Director Grant Carlson was the last director to join the board, commencing their role in 2021. お知らせ • Sep 20
Quri-Mayu Developments Ltd., Annual General Meeting, Nov 15, 2022 Quri-Mayu Developments Ltd., Annual General Meeting, Nov 15, 2022. Location: 1000-1285 West Pender Street Vancouver British Columbia Canada Board Change • Aug 19
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. CEO, Secretary & Director Kevin Smith is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. お知らせ • Aug 16
Quri-Mayu Developments Ltd. has completed an IPO in the amount of CAD 0.65 million. Quri-Mayu Developments Ltd. has completed an IPO in the amount of CAD 0.65 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 6,500,000
Price\Range: CAD 0.1
Discount Per Security: CAD 0.006