New Risk • Jan 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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 (-€1.6m free cash flow). Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m (€66k revenue, or US$78k). Market cap is less than US$10m (UK£4.96m market cap, or US$6.80m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). お知らせ • Jan 01
IMC Exploration Group Public Limited Company, Annual General Meeting, Dec 30, 2025 IMC Exploration Group Public Limited Company, Annual General Meeting, Dec 30, 2025. New Risk • Nov 02
New major risk - Revenue and earnings growth Earnings have declined by 33% 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 (-€1.6m free cash flow). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (€66k revenue, or US$76k). Market cap is less than US$10m (UK£4.54m market cap, or US$5.97m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). New Risk • Sep 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (UK£4.09m market cap, or US$5.54m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (7.2% average weekly change). Revenue is less than US$5m (€1.5m revenue, or US$1.8m). Board Change • Aug 15
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. 5 non-independent directors. Chief Geologist of Armenia & Executive Director Gagik Gevorgyan was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (UK£4.09m market cap, or US$5.43m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (€1.5m revenue, or US$1.7m). お知らせ • Mar 24
IMC Exploration Group plc Reports Drilling Results from Boley Prospect, PL 2551, Co. Wexford, Ireland IMC Exploration Group plc announced assay results from a drillhole at its Boley project on PL 2551 Co. Wexford, Ireland. IMC identified an area of extensive anomalous gold values in panned concentrates and in 2012 first drilled the Boley target. This drillhole intersected two zones of gold mineralization with the upper zone associated with a bonanza grade quartz boulder with visible gold which assayed 354g/t Au over a 1.5m interval. The lower zone contained values of 2m grading 1.4g/t Au. Drillhole 24-2551-01 was designed to test the interpreted strike extent of the two zones of gold mineralization 150m to the northeast. The drillhole intersected both mineralized zones and returned values of 1m grading 5.8g/t Au from 90.5 – 91.5m in the upper zone and 1m grading 1.1g/t Au from 139.5 – 140.5m in the lower zone. Background gold values are present throughout both zones, which are interpreted as shear zones, and are considered prospective for orogenic style gold mineralization. The drillhole reached a depth of 172.5m. The mineralization is present in wide zones of quartz-veined sediments (6m and 20m wide respectively) of which the upper zone is interpreted as the probable host of the 354g/t Au bonanza grade boulder. Geological analysis suggests that there may be several parallel structures in the immediate area, yet untested, which are open along strike and to depth. お知らせ • Mar 14
IMC Exploration Group plc Announces Appointment of Vahagn Marukhyan as Chief Financial Officer IMC Exploration Group plc announced that Marukhyan has also been appointed as the Company's Chief Financial Officer. Vahagn Marukhyan, who is based in Yerevan, Armenia, currently holds the position of Investment Director at Amber Capital, a private equity fund in Armenia. Previously Vahagn held senior positions at Ernst & Young in Armenia for over 14 years, where he latterly served as a head of the Strategy and Transactions practice, supporting Armenian and international clients across a wide spectrum of professional consulting services. Vahagn was also previously a board member of the European Business Association in Armenia and EU4Business country coordinator for Armenia. Vahagn holds a PhD in International Economics.