Board Change • May 20
Less than half of directors are independent Following 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 Robert Schwetzke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Mar 14
New Destiny Mining Corp. Announces Resignation of Quinn Field-Dyte as Director New Destiny Mining Corp. announced that Mr. Quinn Field-Dyte has resigned as a director of the Company. お知らせ • Sep 11
New Destiny Mining Corp. Provides Further Update on its 2024 Drilling Program at the Treasure Mountain Project, Near Princeton, BC New Destiny Mining Corp. provided a further update on its 2024 drilling program at the Treasure Mountain project, near Princeton, BC. The drill rig has moved to the Jim Kelly target area. This target was chosen as previous work had identified a set of veins that have historically been mined. Jim Kelly is a gold vein target where a 2018 grab sample yielded 11.3 g/t gold. Hole TMN24-08 aimed to test the extension of this vein along strike to the north. Hole TMN24-08 intersected a 12.96 meter interval of a highly silicified zone with disseminated pyrite (see yellow boxes on photo below from 70.24 to 83.2 meters including some intervals of cross-cutting andesitic dikes. The zone is interpreted as an expression of the mineralization found at the Jim Kelly workings, extending 60 meters towards the north. Additionally, hole 8 also intersected from 66.07 to 68.77 m a zone with disseminated pyrite, pyrrhotite, and chalcopyrite with net textured sulfides in a silicified mafic intrusion. The next hole will test the extension of the Jim Kelly vein at depth. The Treasure Mountain property covers 10,819 hectares and is located 38 km west of the Copper Mountain mine at Princeton in southern BC. Targets on the property include critical minerals in porphyry copper-moly deposits, and gold-quartz vein and polymetallic silver-rich vein deposits. Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate. お知らせ • Jun 08
New Destiny Appoints Lubica Parilakovaas as Investor Relations Lead New Destiny Mining Corp. announced the appointment of Lubica Parilakova as the new Investor Relations Lead. Lubica brings with her a wealth of experience in the investor relations sector, honed over more than a decade in the mining industry. Lubica is a seasoned professional with a proven track record of building and managing investor relations programs that enhance investor confidence and maximize shareholder value. Her expertise spans developingcomprehensive investor relations strategies, managing investor communications, and fostering relationships with key stakeholders. With a career that started in the mining industry in 2011, Ms. Parilakova has demonstrated her ability to drive investor engagement and market outreach through her work with junior resource companies. Her multifaceted skills in finance, investments, geology, and mining, paired with her creative approach to investor relations, make her a perfect fit for New Destiny Mining Corp. Ms. Parilakova, an arm's length provider, will be responsible for developing and executing New Destiny Mining Corp.'s investor relations strategies, managing communications with investors, and working closely with the executive team to ensure timely and accurate dissemination of information. New Risk • Jun 04
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$13k 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$13k free cash flow). Share price has been highly volatile over the past 3 months (164% average daily change). Negative equity (-CA$872k). Revenue is less than US$1m. Market cap is less than US$10m (€835.8k market cap, or US$908.0k). Board Change • Feb 07
Less than half of directors are independent Following 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 Wesley Warthe-Anderson was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 