Board Change • May 21
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. 6 experienced directors. No highly experienced directors. Independent Director Allan Glowach was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Apr 13
Skeleton Coast Uranium Corp. announced that it has received CAD 5 million in funding On April 13, 2026, Skeleton Coast Uranium closed the transaction. In connection with completion of the Offering, the Company paid finder’s fees of CAD 138,301.89 and issued 1,024,458 non-transferable finder’s warrants (the “Finder Warrants”) to certain arms-length parties who introduced subscribers to the Offering. The Finder Warrants are exercisable on the same terms as the Warrants. All securities issued in connection with the Offering are subject to restrictions on resale until August 11, 2026, in accordance with applicable securities laws. The Offering included subscriptions from four insiders of the Company in the aggregate amount of 1,100,000 Units お知らせ • Feb 24
Glacier Lake Resources Inc. announced that it expects to receive CAD 5 million in funding Glacier Lake Resources Inc announced a private placement to issue 37,037,037 post-Consolidation units at an issue price of CAD 0.135 for the proceeds of CAD 4,999,999.995 on February 23, 2026. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at a price of CAD 0.20 per share for a period of 24 months from closing. Closing of the Financing is expected to occur on or before April 2, 2026, subject to receipt of all required regulatory approvals, including approval of the TSXV. All securities issued will be subject to a hold period of four months and one day in accordance with applicable securities laws. お知らせ • Jun 26
Glacier Lake Resources Inc., Annual General Meeting, Aug 21, 2024 Glacier Lake Resources Inc., Annual General Meeting, Aug 21, 2024. Location: british columbia, vancouver Canada New Risk • Nov 19
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$27k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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$307k free cash flow). Share price has been highly volatile over the past 3 months (56% average weekly change). Negative equity (-CA$27k). Revenue is less than US$1m. Market cap is less than US$10m (€850.6k market cap, or US$927.7k). お知らせ • May 19
Glacier Lake Resources Inc. Provides Update on Acquisition of Kalahari Palladium-Platinum Project Glacier Lake Resources Inc. announced that it is continuing to work towards satisfaction of the remaining conditions to completion of its proposed acquisition of the Kalahari Palladium-Platinum Project located in the Magisterial District of Vryburg in North West South Africa. KalPlats is a palladium-rich project located approximately 350 kilometres west of Johannesburg in the North West Province of South Africa. Completion of the Transaction remains subject to a number of conditions, which include the Company completing a financing of at least CAD 15,000,000 and receipt of any required regulatory approvals, including the approval of the TSX Venture Exchange. In order to ensure sufficient time to satisfy the remaining conditions, the Owners have agreed to further extend the outside date for completion of the Transaction through until July 31, 2023. The Transaction cannot be completed until these conditions have been satisfied, and there can be no assurance that the Transaction will be completed in a timely fashion, or at all. Board Change • Nov 16
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Gordon Friesen is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Apr 27
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Gordon Friesen is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Dec 27
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. 2 non-independent directors. CEO, President & Non Independent Director Saf Dhillon was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 27
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. 2 non-independent directors. CEO, President & Non Independent Director Saf Dhillon was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.