Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Ed Marlow was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 30
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Mark Luchinski is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Dec 30
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Mark Luchinski is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. お知らせ • Dec 18
Citizen Mining Corp. signed a letter of intent to acquire Hardcore Discoveries Ltd. (CNSX:HARD) in a reverse merger transaction. Citizen Mining Corp. signed a letter of intent to acquire Hardcore Discoveries Ltd. (CNSX:HARD) in a reverse merger transaction on December 13, 2024. As proposed in the LOI, the proposed principal terms for the RTO are as follows: (i) prior to the closing, Hardcore will consolidate (the “Consolidation”) itsissued and outstanding common shares on a 2.5:1 basis (each post-Consolidation share, a “Post-Consolidation Hardcore Share”); (ii) in consideration for the Citizen Shares, Hardcore will issue one (1) Post-Consolidation Hardcore Share in exchange for each issued and outstanding Citizen Share; (iii) on or around the execution date of the Definitive Agreement, Hardcore will arrange for a loan of CAD 300,000 to Citizen, to be secured against all past, present and future acquired property of Citizen (the “Citizen Loan”); (iv) Citizen will complete a non-brokered private placement (the “Citizen Private Placement”) for gross proceeds of up to CAD 4,000,000 through the issuance of subscription receipts of Citizen (each, a “Subscription Receipt”) at an issuance price of CAD 0.40 per Subscription Receipt; and (v) reorganization of Hardcore’s board of directors, such that two directors will be nominated by Hardcore and three directors will be nominated by Citizen. As proposed in the LOI, following completion of the of the RTO, there will be an aggregate of 35,408,451 Post-Consolidation Hardcore Shares outstanding, 5,288,449 (14.9%) of which will be held by current shareholders of the Company, 20,120,002 (56.8%) of which will be held by shareholders of Citizen and 10,000,000 (28.2%) of which will be held by investors in the Citizen Private Placement (assuming a CAD 4 million raise is completed). Hardcore Discoveries announces that Mark Luchinski and Abbey Olaiya have resigned from their positions as directors of the Company.
Completion of the RTO will be subject to the satisfaction of various conditions precedent, including: (i) the receipt of all necessary regulatory approvals, authorizations and consents; (ii) receipt of all necessary corporate and shareholder approvals by the parties; (iii) there being no material adverse change in the business or operations of any of the parties from the execution of the LOI by the parties until the closing of the RTO; (iv) completion of the Citizen Private Placement; and (v) approval by the CSE of the RTO and all related filings, including a Form 2A Listing Statement. お知らせ • Nov 22
Hardcore Discoveries Ltd. announced that it has received CAD 0.462 million in funding On November 21, 2024, the company has closed the transaction. Board Change • Nov 16
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. 5 non-independent directors. Independent Director Charles Maddin was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent There are 6 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: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). CEO, President & Director Grant Hendrickson is the most experienced director on the board, commencing their role in 2019. Independent Director Charles Maddin was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Is New 90 Day High Low • Mar 03
New 90-day low: €0.30 The company is down 14% from its price of €0.35 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 52% over the same period. Is New 90 Day High Low • Feb 02
New 90-day low: €0.33 The company is down 44% from its price of €0.60 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 64% over the same period. Is New 90 Day High Low • Nov 25
New 90-day low: €0.46 The company is down 52% from its price of €0.95 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is flat over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: €0.54 The company is down 18% from its price of €0.66 on 28 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period.