Cullinan Metals (CMT) 주식 개요는 캐나다에서 청정에너지 금속 탐사에 주력하고 있습니다. 자세히 보기CMT 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적0/6재무 건전성2/6배당0/6위험 분석마이너스 주주 지분지난 5년간 매년 수익이 9% 감소했습니다.주식은 유동성이 매우 낮습니다지난 1년 동안 주주가 크게 희석되었습니다.+ 위험 2건 추가모든 위험 점검 보기CMT Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$0.32해당 없음내재 할인율Est. Revenue$PastFuture-2m12016201920222025202620282031Revenue CA$1.0Earnings CA$0.1AdvancedSet Fair ValueView all narrativesFeatured narrative•Materials opportunityUpside Gold2 months ago author updated this narrativeSTFair Value from stuart_robertsCA$5.0768.0% 저평가 내재 할인율An Undervalued 3.3Moz Gold Project in CanadaKey takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.Read full narrative15.1kusers have viewed this narrative42users have liked this narrative1users have commented on this narrative287users have followed this narrativeRead narrativeCullinan Metals Corp. 경쟁사Vanity CapitalSymbol: TSXV:VYC.HMarket cap: CA$2.4mVanadiumcorp ResourceSymbol: TSXV:VRBMarket cap: CA$2.2mAvventura ResourcesSymbol: CNSX:AAMarket cap: CA$2.5mCanadian Silver HunterSymbol: TSXV:AGH.HMarket cap: CA$2.7m가격 이력 및 성과Cullinan Metals 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$0.3252주 최고가CA$0.3652주 최저가CA$0.10베타0.161개월 변동43.18%3개월 변동-10.00%1년 변동110.00%3년 변동-93.00%5년 변동n/aIPO 이후 변동-60.62%최근 뉴스 및 업데이트New Risk • Apr 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 148% 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 Negative equity (-CA$776k). Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (148% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.61m market cap, or US$1.90m).공지 • Apr 15Cullinan Metals Corp. announced that it has received CAD 0.63994 million in fundingOn April 13, 2026, Cullinan Metals Corp. has closed the transaction and issued 3,999,625 common shares at the price of CAD 0.16 per share for the gross proceeds of CAD 639,940. The company paid finders fees, in cash, in the amount of CAD 10,018 and received net proceeds of CAD 629,922. All the securities issued in the offering is subject to a hold period of 4 months and 1 day from date of issuance.공지 • Apr 14Cullinan Metals Corp. Announces Board ChangesCullinan Metals Corp. announced that Ms. Raylen Tamayo has joined the board of directors. Ms. Tamayo brings over 8 years of experience in finance and accounting, primarily within publicly listed companies. She began her career as an assurance and consulting associate at a top accounting firm and has since advanced through senior finance roles across a range of sectors. Her areas of expertise include IFRS compliance, financial reporting and management, control and process streamlining, as well as advisory services for initial public offerings (IPOs) and reverse takeovers (RTOs). Ms. Tamayo currently serves as a Manager at Zeus Accounting Solutions Corp., where she also holds Controller roles for several companies. She holds a Masters degree from the University Canada West, where she majored in Finance. Mr. Richard Ko has submitted his resignation from the board of directors of the Company and Cullinan thanks Mr. Ko for his years of services.Board Change • Apr 06Less than half of directors are independentFollowing 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. Independent Director Richard Ko was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Mar 21Cullinan Metals Corp. announced that it expects to receive CAD 0.4 million in fundingCullinan Metals Corp. announced a non-brokered private placement of 2,500,000 common shares at a price of CAD 0.16 per Share for gross proceeds of CAD 400,000 on March 19, 2026. The company can raise up to a further CAD 240,000 in excess capacity at the Company’s discretion. The Shares will be subject to a 4-month hold period in all selling jurisdictions, starting from the Closing Date. Related parties may participate and the Company may pay finders’ fees to arm's length parties in consideration for introducing subscribers to the Offering. Completion of the Offering remains subject to the receipt of any required regulatory approvals, including the approval of the Canadian Securities Exchange.New Risk • Mar 08New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 9x increase in shares outstanding. 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 Share price has been highly volatile over the past 3 months (64% average weekly change). Negative equity (-CA$776k). Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.1m market cap, or US$8.19m).더 많은 업데이트 보기Recent updatesNew Risk • Apr 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 148% 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 Negative equity (-CA$776k). Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (148% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.61m market cap, or US$1.90m).공지 • Apr 15Cullinan Metals Corp. announced that it has received CAD 0.63994 million in fundingOn April 13, 2026, Cullinan Metals Corp. has closed the transaction and issued 3,999,625 common shares at the price of CAD 0.16 per share for the gross proceeds of CAD 639,940. The company paid finders fees, in cash, in the amount of CAD 10,018 and received net proceeds of CAD 629,922. All the securities issued in the offering is subject to a hold period of 4 months and 1 day from date of issuance.공지 • Apr 14Cullinan Metals Corp. Announces Board ChangesCullinan Metals Corp. announced that Ms. Raylen Tamayo has joined the board of directors. Ms. Tamayo brings over 8 years of experience in finance and accounting, primarily within publicly listed companies. She began her career as an assurance and consulting associate at a top accounting firm and has since advanced through senior finance roles across a range of sectors. Her areas of expertise include IFRS compliance, financial reporting and management, control and process streamlining, as well as advisory services for initial public offerings (IPOs) and reverse takeovers (RTOs). Ms. Tamayo currently serves as a Manager at Zeus Accounting Solutions Corp., where she also holds Controller roles for several companies. She holds a Masters degree from the University Canada West, where she majored in Finance. Mr. Richard Ko has submitted his resignation from the board of directors of the Company and Cullinan thanks Mr. Ko for his years of services.Board Change • Apr 06Less than half of directors are independentFollowing 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. Independent Director Richard Ko was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Mar 21Cullinan Metals Corp. announced that it expects to receive CAD 0.4 million in fundingCullinan Metals Corp. announced a non-brokered private placement of 2,500,000 common shares at a price of CAD 0.16 per Share for gross proceeds of CAD 400,000 on March 19, 2026. The company can raise up to a further CAD 240,000 in excess capacity at the Company’s discretion. The Shares will be subject to a 4-month hold period in all selling jurisdictions, starting from the Closing Date. Related parties may participate and the Company may pay finders’ fees to arm's length parties in consideration for introducing subscribers to the Offering. Completion of the Offering remains subject to the receipt of any required regulatory approvals, including the approval of the Canadian Securities Exchange.New Risk • Mar 08New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 9x increase in shares outstanding. 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 Share price has been highly volatile over the past 3 months (64% average weekly change). Negative equity (-CA$776k). Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.1m market cap, or US$8.19m).New Risk • Mar 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor 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 Share price has been highly volatile over the past 3 months (64% average weekly change). Negative equity (-CA$776k). Earnings have declined by 9.0% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.37m market cap, or US$1.00m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).Board Change • Feb 25Less than half of directors are independentFollowing 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. Independent Director Richard Ko was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Jan 12+ 1 more updateCullinan Metals Corp. Announces Appointment of Simon Tso as Chief Financial OfficerCullinan Metals Corp. announced that Mr. Simon Tso has been appointed as the Chief Financial Officer. Mr. Tso is the Principal of Athena Chartered Professional Accountant Ltd., a full-cycle accounting firm that assists both private and public companies with their financial reporting, regulatory filing, and taxation requirements, commonly as their Controller or Chief Financial Officer. Mr. Tso is also a co-founder of Zeus Capital Ltd., a boutique corporate finance firm that specializes in providing financial advisory, valuation and consulting services. Prior to his current roles, Mr. Tso spent a number of years as an Associate at a local corporate finance firm and as a Senior Accountant at a firm of Chartered Accountants. Mr. Tso graduated with a Bachelor of Commerce (Finance) degree with honours from the UBC Sauder School of Business, and is both a CFA Charterholder and a Chartered Professional Accountant. Mr. Tso is currently a director of Rush Gold Corp. and Inturai Ventures Corp.공지 • Jan 09Cullinan Metals Corp. Announces CFO ChangesCullinan Metals Corp. announced that John Bean has resigned as Chief Financial Officer of the Company, effective December 31, 2025. The Company further announced that Marc Enright-Morin, Chief Executive Officer, has assumed the role of Interim Chief Financial Officer, effective immediately, and will serve in this capacity until a permanent replacement is appointed.Board Change • Nov 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. CEO, President & Director Marc Enright-Morin 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.New Risk • Nov 09New major risk - Negative shareholders equityThe company has negative equity. Total equity: -CA$379k 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$30k free cash flow). Share price has been highly volatile over the past 3 months (47% average daily change). Negative equity (-CA$379k). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$821.2k market cap, or US$585.3k).Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. CEO, President & Director Marc Enright-Morin 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.New Risk • Jun 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$162k 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$162k free cash flow). Shares are highly illiquid. Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$657.0k market cap, or US$478.8k).공지 • Jan 09Cullinan Metals Corp. announced that it expects to receive CAD 0.33 million in fundingCullinan Metals Corp announced a non-brokered private placement of up to 3,300,000 units at a price CAD 0.10 per unit for gross proceeds CAD 330,000 on January 7, 2025. Each Unit will consist of one post- Consolidation common share and one post-Consolidation common share warrant. Each Warrant will entitle the holder to acquire one Share at a price of CAD 0.10 per Share for a period of two years following closing of the Offering. Closing of the Share Consolidation and the Offering is subject to the approval of the Canadian Securities Exchange. All securities to be issued pursuant to the Offering will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities lawsNew Risk • Feb 23New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.3m 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$1.3m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.30m market cap, or US$960.7k). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding).공지 • Dec 20Cullinan Metals Corp. announced that it has received CAD 0.207 million in fundingOn December 19, 2023, Cullinan Metals Corp. closed the transaction. The company issued 2,300,000 flow-through units at a price of CAD 0.09 per FT Unit for gross proceeds of CAD 207,000. Each FT Unit is comprised of one flow through common share and one-half of one transferrable non-flow-through common share purchase warrant. Each NFT warrant entitles the holder to acquire one non-flow-through common share at a price of CAD 0.12 per NFT Share for a period of two years from the closing date of the FT Offering. In connection with the FT Offering, the Company will pay a finder’s fee consisting of CAD 14,490 and 161,000 finder’s warrants. The Finder’s Warrants are non-transferable and exercisable at a price of CAD 0.12 per NFT Share for a period of two years from the closing date of the FT Offering. The securities issued under the FT Offering are subject to a statutory hold period of four months and one day in accordance with applicable securities legislation.공지 • Dec 12+ 1 more updateCullinan Metals Corp. Completes Ground Exploration Program At Its Lac-Des-Iles West Graphite Property in Quebec, CanadaCullinan Metals Corp. announced that it has successfully completed a ground exploration program at its Lac-des-Iles West Graphite Property (the "Property") in Quebec, Canada. Focus of the program was a follow up ground checking of the two of the most promising airborne geophysical targets, T1 and T2, identified immediately to the north of the Lac des Iles graphite mine ("LDI"), which is currently owned by Northern Graphite Corp. Highlights. The program successfully iden fied graphite mineraliza on with geological similar to LDI, showcasing graphite content typically ranging from 1-15% Cg, with occasional thin veins of massive graphite. Trenching and overburden stripping work was also conducted on both conductors T1 and T2 which uncovered graphite mineraliza on, a part of which was extended to the edge of the Property on the adjacent LDI mine. During the present field invieds, a total of 60 rock samples were collected from the Property and have been sent to an independent accredited laboratory, "ACTLABS" in Ancaster Ontario, for assaying. Access nego a ons with surface landowners were successfully completed providing the necessary access for explora on work on the iden fied targets. The program laid the groundwork for planning drill holes in the next phase of explora on, aimed at verifying the con nuity of large flake surface graphite mineraliza on at depth and along strike. Target areas T1 and T2 boast dimensions of 500 m in the east-west direc on and over 1,000 m long in the north-south direc on.공지 • Oct 21Cullinan Metals Corp. announced that it has received CAD 0.24 million in fundingOn October 20, 2023, Cullinan Metals Corp. closed the transaction. The company amended the terms of the transaction and issued 754,717 Quebec flow-through units at a price of CAD 0.265 per Quebec flow-through unit for gross proceeds of up to CAD 200,000 and 200,000 non-flow-through units at a price of CAD 0.2 per per unit for gross proceeds of up to CAD 40,000 for the aggregate gross proceeds of CAD 240,000.공지 • Oct 13Cullinan Metals Corp. announced that it expects to receive CAD 0.3 million in fundingCullinan Metals Corp. announced a non-brokered private placement to issue 943,397 Quebec flow-through units at a price of CAD 0.265 per Quebec flow-through unit for gross proceeds of up to CAD 250,000.205 and up to 250,000 non-flow-through units at a price of CAD 0.20 per unit for gross proceeds of up to CAD 50,000; aggregate gross proceeds of CAD 300,000.205 on October 12, 2023. Each Quebec flow-through unit consists of one flow-through common share and one-half of one transferrable non-flow-through common share purchase warrant. Each NFT Warrant entitles the holder to purchase one additional share at a price of CAD 0.40 per share for a period of 2 years following closing of the QC FT Offering. Each unit consists of one common share and one transferrable common share purchase warrant. Each Warrant entitles the holder to purchase one additional share at a price of CAD 0.30 per share for a period of 3 years following closing of the NFT Offering. The Company may pay finder’s fees as consideration for the services provided by finders in connection with the QC FT and NFT Offerings. Closing of the Offerings is expected to occur on or before October 18, 2023. All securities to be issued pursuant to the Offerings will be subject to a restricted hold period of four months and one day under applicable Canadian securities legislation.공지 • Sep 28Cullinan Metals Corp. announced that it has received CAD 0.052 million in fundingCullinan Metals Corp. announced a non-brokered private placement of 100,000 units at an issue price of CAD 0.52 per unit for the gross proceeds of CAD 52,000 on September 26, 2023. Each unit consists of one common share and one transferable common share purchase warrant. Each warrant entitles the holder to acquire one share at a price of CAD 0.70 per share for a period of sixty months from the date of closing of the offering. In the event that the shares trade at a price of CAD 1 and above for ten consecutive trading days, the company may, at its option, accelerate the warrant expiry date by providing notice to the warrant holders that the warrants will expire on the thirtieth day from the date of the acceleration notice. There is no finders fee paid in connection with the offering. The securities issued under the offering are subject to a statutory hold period of four months and one day in accordance with applicable securities legislation.공지 • Sep 16Cullinan Metals Corp., Annual General Meeting, Nov 29, 2023Cullinan Metals Corp., Annual General Meeting, Nov 29, 2023.공지 • Jul 25Cullinan Metals Corp. Announces the Results of an Airborne Mag/TDEM Survey Conducted At Its Lac-Des-les West Graphite PropertyCullinan Metals Corp. announced the results of an airborne MAG/TDEM survey conducted at its Lac-des-les West Graphite Property ("Lac-des-les" or the "Property"). The survey has revealed exciting findings that indicate significant potential for graphite mineralization. Particularly, two highly promising exploration targets, T1 and T2, have been identified north of the Lac des Iles graphite mine (the "LDI"), currently owned by Northern Graphite Corp. As the sole significant graphite producer in North America, the LDI graphite mine has been in operation for over 20 years and is expected to continue producing up to 15,000 tonnes per year of graphite concentrate over the next two to three years. The interpretation of the survey data highlights the influence of main structural trends in the north-south and northeast-southwest directions on the distribution of graphite-bearing mineralization within the Property. The areas with potentially high concentrations of graphite mineralization coincide with the geological contact between metasedimentary rocks and quartzites. These areas exhibit high magnetic susceptibility values and conductivity or EM responses (High Tau values). The survey findings demonstrate the potential of the Lac-des-les to host graphite mineralization in an extension of the LDI graphite deposit. The identified areas of interest, characterized by high magnetic gradients and EM conductivity, have been prioritized for further investigation and represent compelling opportunities for future graphite exploration. The comprehensive geophysical survey, executed in 2023, was conducted by Prospectair Geosurveys of Qubec, Canada, using a high-resolution heliborne magnetic (MAG) and time-domain electromagnetic (TDEM) survey technique. The survey covered a total of 252-line kilometers on the Property, utilizing advanced technology to identify shallow and deep geophysical targets and structures.Board Change • Jul 01High number of new and inexperienced directorsThere are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Peter Born is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공지 • Jun 14Cullinan Metals Corp. announced that it has received CAD 0.25 million in fundingOn June 13, 2023, Cullinan Metals Corp. closed the transaction. In connection with the transaction, the company will pay finder’s fees consisting of CAD 15,000 and 37,500 finder’s warrants. The finder’s warrants are non-transferable and exercisable at price of CAD 0.4 per non-flow-through share for a period of two years from the closing date of the transaction.공지 • Jun 08Cullinan Metals Corp. announced that it expects to receive CAD 0.25 million in fundingCullinan Metals Corp. announced a non-brokered private placement of up to 625,000 flow-through Units at a price of CAD 0.40 per flow-through Unit for gross proceeds of up to CAD 250,000 on June 7, 2023. Each flow-through unit will be comprised of one flow through common share and one-half of one transferrable non-flow-through common share purchase warrant exercisable for one non-flow through common share at a price of CAD 0.60 per non-flow through Share for a period of two years from the closing date of the transaction. In the event that the Shares trade at a price of CAD 1.00 and above for ten consecutive trading days, the company may, at its option, accelerate the non-flow through warrant expiry date by providing notice to the non-flow through warrant holders by way of a news release that the non-flow through warrants will expire on the 30th day from the date of the acceleration notice. Finders’ fees may be paid in accordance with policies of the Canadian Securities Exchange. All securities to be issued under the transaction will be subject to a hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The closing of the transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Exchange. There can be no assurance that the transaction will be completed, whether in whole or in part.공지 • May 12Cullinan Metals Announces Completion of Airborne Geophysical Survey At Lac-Des-Iles West Graphite ProjectCullinan Metals Corp. announced the successful completion of geophysical surveys at the Lac-des-Isles West graphite project. Airborne magnetic and time-domain electromagnetic geophysical surveys were conducted over the Property by Prospectair Geosurveys, a leading provider of airborne geophysics services. The Lac-Des-Iles property consists of 43 mineral claims in one contiguous block covering approximately 2,276 hectares land, near the town of Mont-Laurier in southern Québec. The claims are located adjacent to the north and west of the Lac des Iles Graphite Mine (LDI mine) previously owned by Imerys Graphite and Carbon, which has been in operation for over 20 years and is the only significant graphite producer in North America. Cullinan Metals property has excellent infrastructure support, road accessible, located 150 kilometres from Montreal, water, power and manpower available locally. In April 2023, Prospectair completed a total of 328 line-km of MAG and TDEM surveys over the Property. The survey was carried out with traverse lines oriented N106 to properly map the dominant magnetic/geological strike, and with a 100m line spacing. Control lines were flown perpendicular to traverse lines and at a 1000 m line spacing. The survey data is being processed and will be released as soon as available.공지 • May 10Cullinan Metals Corp. announced that it has received CAD 0.470002 million in fundingOn May 9, 2023, Cullinan Metals Corp. closed the transaction. The company amended the terms of the deal and issued 522,224 flow-through shares at a price of CAD 0.90 per flow-through share for gross proceeds of CAD 470,000. The company shall pay finders’ fees of CAD 28,200 to eligible finders in connection with the transaction.공지 • May 05Cullinan Metals Corp. announced that it expects to receive CAD 0.5 million in fundingCullinan Metals Corp. announced a non-brokered private placement of up to 555,556 flow-through shares at a price of CAD 0.9 per share for the aggregate gross proceeds of CAD 500,000 on May 3, 2023. Finders' fees may be paid in accordance with policies of the Canadian Securities Exchange. All securities to be issued under the flow-through shares offering will be subject to a hold period of four months plus a day from the date of issuance. The closing of the transaction is subject to the approvals of the receipt of all necessary regulatory and other approvals, including the approval of the Exchange.공지 • Dec 30Cullinan Metals Corp. announced that it has received CAD 0.3438 million in fundingCullinan Metals Corp. announced a non-brokered private placement private placement of 1,146,000 units at a price of CAD 0.3 per unit for gross proceeds of CAD 343,800 on December 28, 2022. Each unit consists of one common share and one-half of one transferable common share purchase warrant. Each warrant entitles the holder to acquire one Share at a price of $0.60 per share for a period of twenty four months from the date of closing of the offering. The securities issued under the offering are subject to a statutory hold period of four months and one day in accordance with applicable securities legislation. The company will pay finder’s fees consisting of CAD 24,066 in cash and 80,220 finder’s warrants. The finder’s warrants are non-transferable and exercisable on the same terms as the Warrants issued under the Offering.공지 • Oct 01+ 1 more updateCullinan Metals Corp. Announces CEO ChangesMarc Enright-Morin, president of Cullinan Metals Corp., has been appointed as chief executive officer of the company, effective immediately. Mr. Morin is a seasoned businessman and Vancouver-based entrepreneur. He began his capital markets career with a boutique merchant bank in Vancouver. He has assisted various public and private companies raise in excess of $300-million through various institutions, with a focus throughout Europe, Asia and the United States. He has over 18 years of work experience in the public and private markets. Mr. Morin has garnered an extensive network of investment banking contacts and experience that are instrumental in the management and development of start-ups and junior companies. He has also served as CEO, president and director of several public issuers in the resource sector. Mark L.P. Ferguson has resigned from the company as CEO and director.공지 • Sep 22+ 1 more updateCullinan Metals Corp., Annual General Meeting, Dec 05, 2022Cullinan Metals Corp., Annual General Meeting, Dec 05, 2022.공지 • Sep 21Cullinan Metals Corp. announced that it has received CAD 0.499 million in fundingCullinan Metals Corp. announced a non-brokered private placement of 1,663,333 units at an issue price of CAD 0.3 for gross proceeds of CAD 499,000 on September 20, 2022. Each Unit consists of one common share in the capital of the Company and one transferable common share purchase warrant. Each Warrant entitles the holder to acquire one Share at a price of CAD 0.4 per share for a period of 24 months from the date of closing of the transaction. The securities issued are subject to a statutory hold period of four months and one day in accordance with applicable securities legislation.Board Change • Aug 25No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Jun 14+ 1 more updateCullinan Metals Corp. (CNSX:CMT) entered into letter of agreement to acquire Goldplay’s Borba 2 projects located in Portugal from Goldplay Mining Inc. (TSXV:AUC) for CAD 3.75 Million.Cullinan Metals Corp. (CNSX:CMT) entered into letter of agreement to acquire Goldplay’s Borba 2 projects located in Portugal from Goldplay Mining Inc. (TSXV:AUC) for CAD 3.75 Million on June 13, 2022. Goldplay will retain a royalty interest of one percent (1%) net smelter returns (“NSR”) from minerals mined and removed by Commercial Production from any mine located on the Property. One-half percent (0.5%) of the royalty interest can be purchased at any time for CAD 500,000. Transaction is suject to regulatory approval.공지 • Jun 10Cullinan Metals Corp. Appoints John Bean as Chief Financial OfficerCullinan Metals Corp. has appointed John Bean as chief financial officer, effective immediately. Mr. Bean is an experienced cannabis and real estate sector CFO who provides corporate finance leadership and strategic business development guidance; and who strengthens corporate governance. Mr. Bean was the CFO of Aurora Cannabis Inc., a Canadian federally licensed producer of medical cannabis, during its first two years as a public company, when it obtained its license to grow, became licensed to sell, and then received customer revenues. Mr. Bean has served on the board of Prescient Mining Corp., which became Aurora Cannabis Inc., General Fusion Inc., SyncWave Energy Inc., TAP Ventures Inc., RSI International, BC Technologies Industry Association, Accenture's CSTaR (Center for Strategic Technology Research) and Bobolink Daycare Society for Deaf Children. The company has granted 250,000 stock options to directors, officers, employees and consultants exercisable at a price of 40 cents per share for a period of five years. The company has engaged digital marketing agency, FinancialPress, (a Vancouver based media company), specializing in news, editorial, and video distribution. The contract is for a term of three months at a cost of CAD 35,000 and will combine a robust strategy of outreach to retail and institutional investors. About Cullinan Metals Corp. Cullinan Metals Corp. is a Canadian mining and exploration company focused on high quality copper and gold assets in Europe. The company's Borba 2 property, which contains four projects, consists of several advanced mineral occurrences and past producing copper and gold mines. The concession covers an area of 328.5 square km in one of the most mining friendly areas in Portugal. All the projects are off main roads and highways with excellent infrastructure.Board Change • Jun 08No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Mar 29Cullinan Metals Corp. Appoints Marc Enright Morin as PresidentCullinan Metals Corp. announced that effective immediately Marc Enright-Morin has joined the Company as President. Mr. Morin is a seasoned businessman and Vancouver-based entrepreneur. He began his capital markets career with a boutique merchant bank in Vancouver. He has assisted various public and private companies raise in excess of $300 million through various institutions, with a focus throughout Europe, Asia and the United States. He has over 18 years of work experience in the public and private markets. Mr. Morin has garnered an extensive network of investment banking contacts, and experience that are instrumental in the management and development of start-ups and junior companies. He has also served as CEO, president and director of several public issuers in the resource sector.공지 • Feb 18Cullinan Metals Corp. has completed an IPO in the amount of CAD 0.2785 million.Cullinan Metals Corp. has completed an IPO in the amount of CAD 0.2785 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 2,785,000 Price\Range: CAD 0.1 Discount Per Security: CAD 0.01Board Change • Feb 17No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.주주 수익률CMTCA Metals and MiningCA 시장7D-13.7%8.7%1.0%1Y110.0%94.1%34.0%전체 주주 수익률 보기수익률 대 산업: CMT은 지난 1년 동안 94.1%의 수익을 기록한 Canadian Metals and Mining 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: CMT은 지난 1년 동안 34%를 기록한 Canadian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is CMT's price volatile compared to industry and market?CMT volatilityCMT Average Weekly Movementn/aMetals and Mining Industry Average Movement11.9%Market Average Movement10.3%10% most volatile stocks in CA Market17.8%10% least volatile stocks in CA Market4.0%안정적인 주가: CMT의 주가는 지난 3개월 동안 Canadian 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine CMT의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트2021n/aAleem Fidaiwww.cullinanmetals.com는 캐나다에서 청정에너지 금속 탐사에 주력하는 회사입니다. 이 회사는 구리, 리튬, 흑연, 금 자산을 탐사합니다. 이 회사는 2021년에 설립되었으며 캐나다 밴쿠버에 본사를 두고 있습니다.더 보기Cullinan Metals Corp. 기초 지표 요약Cullinan Metals의 순이익과 매출은 시가총액과 어떻게 비교됩니까?CMT 기초 통계시가총액CA$2.57m순이익 (TTM)-CA$873.44k매출 (TTM)n/a0.0x주가매출비율(P/S)-2.9x주가수익비율(P/E)CMT는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표CMT 손익계산서 (TTM)매출CA$0매출원가CA$0총이익CA$0기타 비용CA$873.44k순이익-CA$873.44k최근 보고된 실적Dec 31, 2025다음 실적 발표일해당 없음주당순이익(EPS)-0.11총이익률0.00%순이익률0.00%부채/자본 비율-8.7%CMT의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 12:32종가2026/05/06 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Cullinan Metals Corp.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Featured narrative•Materials opportunityUpside Gold2 months ago author updated this narrativeSTFair Value from stuart_robertsCA$5.0768.0% 저평가 내재 할인율An Undervalued 3.3Moz Gold Project in CanadaKey takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.Read full narrative15.1kusers have viewed this narrative42users have liked this narrative1users have commented on this narrative287users have followed this narrativeRead narrative
New Risk • Apr 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 148% 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 Negative equity (-CA$776k). Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (148% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.61m market cap, or US$1.90m).
공지 • Apr 15Cullinan Metals Corp. announced that it has received CAD 0.63994 million in fundingOn April 13, 2026, Cullinan Metals Corp. has closed the transaction and issued 3,999,625 common shares at the price of CAD 0.16 per share for the gross proceeds of CAD 639,940. The company paid finders fees, in cash, in the amount of CAD 10,018 and received net proceeds of CAD 629,922. All the securities issued in the offering is subject to a hold period of 4 months and 1 day from date of issuance.
공지 • Apr 14Cullinan Metals Corp. Announces Board ChangesCullinan Metals Corp. announced that Ms. Raylen Tamayo has joined the board of directors. Ms. Tamayo brings over 8 years of experience in finance and accounting, primarily within publicly listed companies. She began her career as an assurance and consulting associate at a top accounting firm and has since advanced through senior finance roles across a range of sectors. Her areas of expertise include IFRS compliance, financial reporting and management, control and process streamlining, as well as advisory services for initial public offerings (IPOs) and reverse takeovers (RTOs). Ms. Tamayo currently serves as a Manager at Zeus Accounting Solutions Corp., where she also holds Controller roles for several companies. She holds a Masters degree from the University Canada West, where she majored in Finance. Mr. Richard Ko has submitted his resignation from the board of directors of the Company and Cullinan thanks Mr. Ko for his years of services.
Board Change • Apr 06Less than half of directors are independentFollowing 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. Independent Director Richard Ko was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Mar 21Cullinan Metals Corp. announced that it expects to receive CAD 0.4 million in fundingCullinan Metals Corp. announced a non-brokered private placement of 2,500,000 common shares at a price of CAD 0.16 per Share for gross proceeds of CAD 400,000 on March 19, 2026. The company can raise up to a further CAD 240,000 in excess capacity at the Company’s discretion. The Shares will be subject to a 4-month hold period in all selling jurisdictions, starting from the Closing Date. Related parties may participate and the Company may pay finders’ fees to arm's length parties in consideration for introducing subscribers to the Offering. Completion of the Offering remains subject to the receipt of any required regulatory approvals, including the approval of the Canadian Securities Exchange.
New Risk • Mar 08New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 9x increase in shares outstanding. 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 Share price has been highly volatile over the past 3 months (64% average weekly change). Negative equity (-CA$776k). Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.1m market cap, or US$8.19m).
New Risk • Apr 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 148% 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 Negative equity (-CA$776k). Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (148% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.61m market cap, or US$1.90m).
공지 • Apr 15Cullinan Metals Corp. announced that it has received CAD 0.63994 million in fundingOn April 13, 2026, Cullinan Metals Corp. has closed the transaction and issued 3,999,625 common shares at the price of CAD 0.16 per share for the gross proceeds of CAD 639,940. The company paid finders fees, in cash, in the amount of CAD 10,018 and received net proceeds of CAD 629,922. All the securities issued in the offering is subject to a hold period of 4 months and 1 day from date of issuance.
공지 • Apr 14Cullinan Metals Corp. Announces Board ChangesCullinan Metals Corp. announced that Ms. Raylen Tamayo has joined the board of directors. Ms. Tamayo brings over 8 years of experience in finance and accounting, primarily within publicly listed companies. She began her career as an assurance and consulting associate at a top accounting firm and has since advanced through senior finance roles across a range of sectors. Her areas of expertise include IFRS compliance, financial reporting and management, control and process streamlining, as well as advisory services for initial public offerings (IPOs) and reverse takeovers (RTOs). Ms. Tamayo currently serves as a Manager at Zeus Accounting Solutions Corp., where she also holds Controller roles for several companies. She holds a Masters degree from the University Canada West, where she majored in Finance. Mr. Richard Ko has submitted his resignation from the board of directors of the Company and Cullinan thanks Mr. Ko for his years of services.
Board Change • Apr 06Less than half of directors are independentFollowing 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. Independent Director Richard Ko was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Mar 21Cullinan Metals Corp. announced that it expects to receive CAD 0.4 million in fundingCullinan Metals Corp. announced a non-brokered private placement of 2,500,000 common shares at a price of CAD 0.16 per Share for gross proceeds of CAD 400,000 on March 19, 2026. The company can raise up to a further CAD 240,000 in excess capacity at the Company’s discretion. The Shares will be subject to a 4-month hold period in all selling jurisdictions, starting from the Closing Date. Related parties may participate and the Company may pay finders’ fees to arm's length parties in consideration for introducing subscribers to the Offering. Completion of the Offering remains subject to the receipt of any required regulatory approvals, including the approval of the Canadian Securities Exchange.
New Risk • Mar 08New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 9x increase in shares outstanding. 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 Share price has been highly volatile over the past 3 months (64% average weekly change). Negative equity (-CA$776k). Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.1m market cap, or US$8.19m).
New Risk • Mar 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor 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 Share price has been highly volatile over the past 3 months (64% average weekly change). Negative equity (-CA$776k). Earnings have declined by 9.0% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.37m market cap, or US$1.00m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).
Board Change • Feb 25Less than half of directors are independentFollowing 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. Independent Director Richard Ko was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Jan 12+ 1 more updateCullinan Metals Corp. Announces Appointment of Simon Tso as Chief Financial OfficerCullinan Metals Corp. announced that Mr. Simon Tso has been appointed as the Chief Financial Officer. Mr. Tso is the Principal of Athena Chartered Professional Accountant Ltd., a full-cycle accounting firm that assists both private and public companies with their financial reporting, regulatory filing, and taxation requirements, commonly as their Controller or Chief Financial Officer. Mr. Tso is also a co-founder of Zeus Capital Ltd., a boutique corporate finance firm that specializes in providing financial advisory, valuation and consulting services. Prior to his current roles, Mr. Tso spent a number of years as an Associate at a local corporate finance firm and as a Senior Accountant at a firm of Chartered Accountants. Mr. Tso graduated with a Bachelor of Commerce (Finance) degree with honours from the UBC Sauder School of Business, and is both a CFA Charterholder and a Chartered Professional Accountant. Mr. Tso is currently a director of Rush Gold Corp. and Inturai Ventures Corp.
공지 • Jan 09Cullinan Metals Corp. Announces CFO ChangesCullinan Metals Corp. announced that John Bean has resigned as Chief Financial Officer of the Company, effective December 31, 2025. The Company further announced that Marc Enright-Morin, Chief Executive Officer, has assumed the role of Interim Chief Financial Officer, effective immediately, and will serve in this capacity until a permanent replacement is appointed.
Board Change • Nov 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. CEO, President & Director Marc Enright-Morin 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.
New Risk • Nov 09New major risk - Negative shareholders equityThe company has negative equity. Total equity: -CA$379k 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$30k free cash flow). Share price has been highly volatile over the past 3 months (47% average daily change). Negative equity (-CA$379k). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$821.2k market cap, or US$585.3k).
Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. CEO, President & Director Marc Enright-Morin 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.
New Risk • Jun 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$162k 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$162k free cash flow). Shares are highly illiquid. Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$657.0k market cap, or US$478.8k).
공지 • Jan 09Cullinan Metals Corp. announced that it expects to receive CAD 0.33 million in fundingCullinan Metals Corp announced a non-brokered private placement of up to 3,300,000 units at a price CAD 0.10 per unit for gross proceeds CAD 330,000 on January 7, 2025. Each Unit will consist of one post- Consolidation common share and one post-Consolidation common share warrant. Each Warrant will entitle the holder to acquire one Share at a price of CAD 0.10 per Share for a period of two years following closing of the Offering. Closing of the Share Consolidation and the Offering is subject to the approval of the Canadian Securities Exchange. All securities to be issued pursuant to the Offering will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws
New Risk • Feb 23New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.3m 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$1.3m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.30m market cap, or US$960.7k). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding).
공지 • Dec 20Cullinan Metals Corp. announced that it has received CAD 0.207 million in fundingOn December 19, 2023, Cullinan Metals Corp. closed the transaction. The company issued 2,300,000 flow-through units at a price of CAD 0.09 per FT Unit for gross proceeds of CAD 207,000. Each FT Unit is comprised of one flow through common share and one-half of one transferrable non-flow-through common share purchase warrant. Each NFT warrant entitles the holder to acquire one non-flow-through common share at a price of CAD 0.12 per NFT Share for a period of two years from the closing date of the FT Offering. In connection with the FT Offering, the Company will pay a finder’s fee consisting of CAD 14,490 and 161,000 finder’s warrants. The Finder’s Warrants are non-transferable and exercisable at a price of CAD 0.12 per NFT Share for a period of two years from the closing date of the FT Offering. The securities issued under the FT Offering are subject to a statutory hold period of four months and one day in accordance with applicable securities legislation.
공지 • Dec 12+ 1 more updateCullinan Metals Corp. Completes Ground Exploration Program At Its Lac-Des-Iles West Graphite Property in Quebec, CanadaCullinan Metals Corp. announced that it has successfully completed a ground exploration program at its Lac-des-Iles West Graphite Property (the "Property") in Quebec, Canada. Focus of the program was a follow up ground checking of the two of the most promising airborne geophysical targets, T1 and T2, identified immediately to the north of the Lac des Iles graphite mine ("LDI"), which is currently owned by Northern Graphite Corp. Highlights. The program successfully iden fied graphite mineraliza on with geological similar to LDI, showcasing graphite content typically ranging from 1-15% Cg, with occasional thin veins of massive graphite. Trenching and overburden stripping work was also conducted on both conductors T1 and T2 which uncovered graphite mineraliza on, a part of which was extended to the edge of the Property on the adjacent LDI mine. During the present field invieds, a total of 60 rock samples were collected from the Property and have been sent to an independent accredited laboratory, "ACTLABS" in Ancaster Ontario, for assaying. Access nego a ons with surface landowners were successfully completed providing the necessary access for explora on work on the iden fied targets. The program laid the groundwork for planning drill holes in the next phase of explora on, aimed at verifying the con nuity of large flake surface graphite mineraliza on at depth and along strike. Target areas T1 and T2 boast dimensions of 500 m in the east-west direc on and over 1,000 m long in the north-south direc on.
공지 • Oct 21Cullinan Metals Corp. announced that it has received CAD 0.24 million in fundingOn October 20, 2023, Cullinan Metals Corp. closed the transaction. The company amended the terms of the transaction and issued 754,717 Quebec flow-through units at a price of CAD 0.265 per Quebec flow-through unit for gross proceeds of up to CAD 200,000 and 200,000 non-flow-through units at a price of CAD 0.2 per per unit for gross proceeds of up to CAD 40,000 for the aggregate gross proceeds of CAD 240,000.
공지 • Oct 13Cullinan Metals Corp. announced that it expects to receive CAD 0.3 million in fundingCullinan Metals Corp. announced a non-brokered private placement to issue 943,397 Quebec flow-through units at a price of CAD 0.265 per Quebec flow-through unit for gross proceeds of up to CAD 250,000.205 and up to 250,000 non-flow-through units at a price of CAD 0.20 per unit for gross proceeds of up to CAD 50,000; aggregate gross proceeds of CAD 300,000.205 on October 12, 2023. Each Quebec flow-through unit consists of one flow-through common share and one-half of one transferrable non-flow-through common share purchase warrant. Each NFT Warrant entitles the holder to purchase one additional share at a price of CAD 0.40 per share for a period of 2 years following closing of the QC FT Offering. Each unit consists of one common share and one transferrable common share purchase warrant. Each Warrant entitles the holder to purchase one additional share at a price of CAD 0.30 per share for a period of 3 years following closing of the NFT Offering. The Company may pay finder’s fees as consideration for the services provided by finders in connection with the QC FT and NFT Offerings. Closing of the Offerings is expected to occur on or before October 18, 2023. All securities to be issued pursuant to the Offerings will be subject to a restricted hold period of four months and one day under applicable Canadian securities legislation.
공지 • Sep 28Cullinan Metals Corp. announced that it has received CAD 0.052 million in fundingCullinan Metals Corp. announced a non-brokered private placement of 100,000 units at an issue price of CAD 0.52 per unit for the gross proceeds of CAD 52,000 on September 26, 2023. Each unit consists of one common share and one transferable common share purchase warrant. Each warrant entitles the holder to acquire one share at a price of CAD 0.70 per share for a period of sixty months from the date of closing of the offering. In the event that the shares trade at a price of CAD 1 and above for ten consecutive trading days, the company may, at its option, accelerate the warrant expiry date by providing notice to the warrant holders that the warrants will expire on the thirtieth day from the date of the acceleration notice. There is no finders fee paid in connection with the offering. The securities issued under the offering are subject to a statutory hold period of four months and one day in accordance with applicable securities legislation.
공지 • Sep 16Cullinan Metals Corp., Annual General Meeting, Nov 29, 2023Cullinan Metals Corp., Annual General Meeting, Nov 29, 2023.
공지 • Jul 25Cullinan Metals Corp. Announces the Results of an Airborne Mag/TDEM Survey Conducted At Its Lac-Des-les West Graphite PropertyCullinan Metals Corp. announced the results of an airborne MAG/TDEM survey conducted at its Lac-des-les West Graphite Property ("Lac-des-les" or the "Property"). The survey has revealed exciting findings that indicate significant potential for graphite mineralization. Particularly, two highly promising exploration targets, T1 and T2, have been identified north of the Lac des Iles graphite mine (the "LDI"), currently owned by Northern Graphite Corp. As the sole significant graphite producer in North America, the LDI graphite mine has been in operation for over 20 years and is expected to continue producing up to 15,000 tonnes per year of graphite concentrate over the next two to three years. The interpretation of the survey data highlights the influence of main structural trends in the north-south and northeast-southwest directions on the distribution of graphite-bearing mineralization within the Property. The areas with potentially high concentrations of graphite mineralization coincide with the geological contact between metasedimentary rocks and quartzites. These areas exhibit high magnetic susceptibility values and conductivity or EM responses (High Tau values). The survey findings demonstrate the potential of the Lac-des-les to host graphite mineralization in an extension of the LDI graphite deposit. The identified areas of interest, characterized by high magnetic gradients and EM conductivity, have been prioritized for further investigation and represent compelling opportunities for future graphite exploration. The comprehensive geophysical survey, executed in 2023, was conducted by Prospectair Geosurveys of Qubec, Canada, using a high-resolution heliborne magnetic (MAG) and time-domain electromagnetic (TDEM) survey technique. The survey covered a total of 252-line kilometers on the Property, utilizing advanced technology to identify shallow and deep geophysical targets and structures.
Board Change • Jul 01High number of new and inexperienced directorsThere are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Peter Born is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공지 • Jun 14Cullinan Metals Corp. announced that it has received CAD 0.25 million in fundingOn June 13, 2023, Cullinan Metals Corp. closed the transaction. In connection with the transaction, the company will pay finder’s fees consisting of CAD 15,000 and 37,500 finder’s warrants. The finder’s warrants are non-transferable and exercisable at price of CAD 0.4 per non-flow-through share for a period of two years from the closing date of the transaction.
공지 • Jun 08Cullinan Metals Corp. announced that it expects to receive CAD 0.25 million in fundingCullinan Metals Corp. announced a non-brokered private placement of up to 625,000 flow-through Units at a price of CAD 0.40 per flow-through Unit for gross proceeds of up to CAD 250,000 on June 7, 2023. Each flow-through unit will be comprised of one flow through common share and one-half of one transferrable non-flow-through common share purchase warrant exercisable for one non-flow through common share at a price of CAD 0.60 per non-flow through Share for a period of two years from the closing date of the transaction. In the event that the Shares trade at a price of CAD 1.00 and above for ten consecutive trading days, the company may, at its option, accelerate the non-flow through warrant expiry date by providing notice to the non-flow through warrant holders by way of a news release that the non-flow through warrants will expire on the 30th day from the date of the acceleration notice. Finders’ fees may be paid in accordance with policies of the Canadian Securities Exchange. All securities to be issued under the transaction will be subject to a hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The closing of the transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Exchange. There can be no assurance that the transaction will be completed, whether in whole or in part.
공지 • May 12Cullinan Metals Announces Completion of Airborne Geophysical Survey At Lac-Des-Iles West Graphite ProjectCullinan Metals Corp. announced the successful completion of geophysical surveys at the Lac-des-Isles West graphite project. Airborne magnetic and time-domain electromagnetic geophysical surveys were conducted over the Property by Prospectair Geosurveys, a leading provider of airborne geophysics services. The Lac-Des-Iles property consists of 43 mineral claims in one contiguous block covering approximately 2,276 hectares land, near the town of Mont-Laurier in southern Québec. The claims are located adjacent to the north and west of the Lac des Iles Graphite Mine (LDI mine) previously owned by Imerys Graphite and Carbon, which has been in operation for over 20 years and is the only significant graphite producer in North America. Cullinan Metals property has excellent infrastructure support, road accessible, located 150 kilometres from Montreal, water, power and manpower available locally. In April 2023, Prospectair completed a total of 328 line-km of MAG and TDEM surveys over the Property. The survey was carried out with traverse lines oriented N106 to properly map the dominant magnetic/geological strike, and with a 100m line spacing. Control lines were flown perpendicular to traverse lines and at a 1000 m line spacing. The survey data is being processed and will be released as soon as available.
공지 • May 10Cullinan Metals Corp. announced that it has received CAD 0.470002 million in fundingOn May 9, 2023, Cullinan Metals Corp. closed the transaction. The company amended the terms of the deal and issued 522,224 flow-through shares at a price of CAD 0.90 per flow-through share for gross proceeds of CAD 470,000. The company shall pay finders’ fees of CAD 28,200 to eligible finders in connection with the transaction.
공지 • May 05Cullinan Metals Corp. announced that it expects to receive CAD 0.5 million in fundingCullinan Metals Corp. announced a non-brokered private placement of up to 555,556 flow-through shares at a price of CAD 0.9 per share for the aggregate gross proceeds of CAD 500,000 on May 3, 2023. Finders' fees may be paid in accordance with policies of the Canadian Securities Exchange. All securities to be issued under the flow-through shares offering will be subject to a hold period of four months plus a day from the date of issuance. The closing of the transaction is subject to the approvals of the receipt of all necessary regulatory and other approvals, including the approval of the Exchange.
공지 • Dec 30Cullinan Metals Corp. announced that it has received CAD 0.3438 million in fundingCullinan Metals Corp. announced a non-brokered private placement private placement of 1,146,000 units at a price of CAD 0.3 per unit for gross proceeds of CAD 343,800 on December 28, 2022. Each unit consists of one common share and one-half of one transferable common share purchase warrant. Each warrant entitles the holder to acquire one Share at a price of $0.60 per share for a period of twenty four months from the date of closing of the offering. The securities issued under the offering are subject to a statutory hold period of four months and one day in accordance with applicable securities legislation. The company will pay finder’s fees consisting of CAD 24,066 in cash and 80,220 finder’s warrants. The finder’s warrants are non-transferable and exercisable on the same terms as the Warrants issued under the Offering.
공지 • Oct 01+ 1 more updateCullinan Metals Corp. Announces CEO ChangesMarc Enright-Morin, president of Cullinan Metals Corp., has been appointed as chief executive officer of the company, effective immediately. Mr. Morin is a seasoned businessman and Vancouver-based entrepreneur. He began his capital markets career with a boutique merchant bank in Vancouver. He has assisted various public and private companies raise in excess of $300-million through various institutions, with a focus throughout Europe, Asia and the United States. He has over 18 years of work experience in the public and private markets. Mr. Morin has garnered an extensive network of investment banking contacts and experience that are instrumental in the management and development of start-ups and junior companies. He has also served as CEO, president and director of several public issuers in the resource sector. Mark L.P. Ferguson has resigned from the company as CEO and director.
공지 • Sep 22+ 1 more updateCullinan Metals Corp., Annual General Meeting, Dec 05, 2022Cullinan Metals Corp., Annual General Meeting, Dec 05, 2022.
공지 • Sep 21Cullinan Metals Corp. announced that it has received CAD 0.499 million in fundingCullinan Metals Corp. announced a non-brokered private placement of 1,663,333 units at an issue price of CAD 0.3 for gross proceeds of CAD 499,000 on September 20, 2022. Each Unit consists of one common share in the capital of the Company and one transferable common share purchase warrant. Each Warrant entitles the holder to acquire one Share at a price of CAD 0.4 per share for a period of 24 months from the date of closing of the transaction. The securities issued are subject to a statutory hold period of four months and one day in accordance with applicable securities legislation.
Board Change • Aug 25No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Jun 14+ 1 more updateCullinan Metals Corp. (CNSX:CMT) entered into letter of agreement to acquire Goldplay’s Borba 2 projects located in Portugal from Goldplay Mining Inc. (TSXV:AUC) for CAD 3.75 Million.Cullinan Metals Corp. (CNSX:CMT) entered into letter of agreement to acquire Goldplay’s Borba 2 projects located in Portugal from Goldplay Mining Inc. (TSXV:AUC) for CAD 3.75 Million on June 13, 2022. Goldplay will retain a royalty interest of one percent (1%) net smelter returns (“NSR”) from minerals mined and removed by Commercial Production from any mine located on the Property. One-half percent (0.5%) of the royalty interest can be purchased at any time for CAD 500,000. Transaction is suject to regulatory approval.
공지 • Jun 10Cullinan Metals Corp. Appoints John Bean as Chief Financial OfficerCullinan Metals Corp. has appointed John Bean as chief financial officer, effective immediately. Mr. Bean is an experienced cannabis and real estate sector CFO who provides corporate finance leadership and strategic business development guidance; and who strengthens corporate governance. Mr. Bean was the CFO of Aurora Cannabis Inc., a Canadian federally licensed producer of medical cannabis, during its first two years as a public company, when it obtained its license to grow, became licensed to sell, and then received customer revenues. Mr. Bean has served on the board of Prescient Mining Corp., which became Aurora Cannabis Inc., General Fusion Inc., SyncWave Energy Inc., TAP Ventures Inc., RSI International, BC Technologies Industry Association, Accenture's CSTaR (Center for Strategic Technology Research) and Bobolink Daycare Society for Deaf Children. The company has granted 250,000 stock options to directors, officers, employees and consultants exercisable at a price of 40 cents per share for a period of five years. The company has engaged digital marketing agency, FinancialPress, (a Vancouver based media company), specializing in news, editorial, and video distribution. The contract is for a term of three months at a cost of CAD 35,000 and will combine a robust strategy of outreach to retail and institutional investors. About Cullinan Metals Corp. Cullinan Metals Corp. is a Canadian mining and exploration company focused on high quality copper and gold assets in Europe. The company's Borba 2 property, which contains four projects, consists of several advanced mineral occurrences and past producing copper and gold mines. The concession covers an area of 328.5 square km in one of the most mining friendly areas in Portugal. All the projects are off main roads and highways with excellent infrastructure.
Board Change • Jun 08No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Mar 29Cullinan Metals Corp. Appoints Marc Enright Morin as PresidentCullinan Metals Corp. announced that effective immediately Marc Enright-Morin has joined the Company as President. Mr. Morin is a seasoned businessman and Vancouver-based entrepreneur. He began his capital markets career with a boutique merchant bank in Vancouver. He has assisted various public and private companies raise in excess of $300 million through various institutions, with a focus throughout Europe, Asia and the United States. He has over 18 years of work experience in the public and private markets. Mr. Morin has garnered an extensive network of investment banking contacts, and experience that are instrumental in the management and development of start-ups and junior companies. He has also served as CEO, president and director of several public issuers in the resource sector.
공지 • Feb 18Cullinan Metals Corp. has completed an IPO in the amount of CAD 0.2785 million.Cullinan Metals Corp. has completed an IPO in the amount of CAD 0.2785 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 2,785,000 Price\Range: CAD 0.1 Discount Per Security: CAD 0.01
Board Change • Feb 17No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
