View Financial HealthElement79 Gold 배당 및 자사주 매입배당 기준 점검 0/6Element79 Gold 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률2.9%자사주 매입 수익률총 주주 수익률2.9%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공지 • Sep 16Element79 Gold Corp. Announces Board Changes, Effective September 15, 2025Element79 Gold Corp. announced that its Board of Directors has accepted the resignation of Ms. Zara Kanji as Director of the Company, effective immediately. The Board and management thank Ms. Kanji for her valuable contributions to the Company and wish her the very best in her current and future endeavors. At the same time, the Board announced the appointment of Mr. Mohammad Fazil as a Director of the Company, effective September 15, 2025. Mr. Fazil has been active in venture capital for over 35 years. He was employed by boutique investment dealers in Canada as a finance professional focusing on funding junior listed issuers on the TSX and TSX Venture exchange. Mr. Fazil is the founder and President of Lion Park Capital, a private financial advisory firm helping companies raise funding and list on a Canadian stock exchange. He is the Chairman of the Calgary branch of the TSX Venture Exchanges Listing Advisory Committee and a member of the National Advisory Committee. He is President and Director of Blue Sky Global Energy Corp., Director of Smooth Rock Ventures Corp., CEO and Director of 5D Acquisition Corp., and President and Director of Florence Once Capital Inc.Board Change • Sep 03Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Tony Maragakis is the most experienced director on the board, commencing their role in 2022. Non-Independent Director James Tworek was the last independent director to join the board, commencing their role in 2023. 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.공지 • Aug 26Element79 Gold Corp., Annual General Meeting, Oct 21, 2025Element79 Gold Corp., Annual General Meeting, Oct 21, 2025.New Risk • Aug 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 144% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$5.5m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Negative equity (-CA$2.5m). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (144% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.32m market cap, or US$6.03m).New Risk • Mar 06New 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$3.0m 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$3.0m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (113% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.78m market cap, or US$2.64m).New Risk • Feb 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended May 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 Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 69% per year over the past 5 years. Shareholders have been substantially diluted in the past year (381% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.12m market cap, or US$2.91m). Minor Risk Latest financial reports are more than 6 months old (reported May 2024 fiscal period end).New Risk • Jan 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 69% per year over the past 5 years. Shareholders have been substantially diluted in the past year (381% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.12m market cap, or US$2.87m).공지 • Oct 26+ 1 more updateElement79 Gold Corp. announced that it expects to receive CAD 1 million in fundingElement79 Gold Corp. announced a non-brokered private placement that it will issue up to 10,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of up to CAD 1,000,000 on October 25, 2024. The Units will consist of one common share of the Company and one share purchase warrant. Each Warrant will be exercisable by the warrant holder to acquire one additional Share at a price of CAD 0.15 for a period of 24 months from the closing of the Offering. The Warrants are subject to an acceleration clause, whereby if the closing price of the common shares of the Company on the Canadian Securities Exchange is equal to CAD 0.20 or higher for ten consecutive trading days, the Company may accelerate the expiry of the Warrants to the date that is 30 business days from the date of the issuance of a news release by the Company announcing the exercise of the acceleration right. The issuance of securities in connection with this Offering will be subject to Canadian Securities Exchange approval and the securities will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable Canadian securities laws.공지 • Sep 24Element79 Gold Corp. Announces Resignation of George Tumur from Board of DirectorsElement79 Gold Corp. announced that at its AGM held on September 23, 2024, George Tumur did not stand for re-election to the company's board of directors. At this time the company has not replaced Mr. Tumur and will look for a suitable replacement in the future. The company would like to thank Mr. Tumur for his time, contributions and support.공지 • Sep 20-Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of DirectorsElement79 Gold Corp. announced the appointment of Mr. Kevin Arias to the Company's Advisory Board. With over two decades of experience across industries such as mining, energy, and corporate finance, Mr. Arias brings a wealth of knowledge and expertise to the Company. His strong background in business development, investor relations, securities, and corporate communications, combined with a proven track record in raising over CAD 100 million since 2008, positions him as a valuable addition to the Element79 team. Mr. Arias currently serves as Managing Director at Maple Grove Capital Inc., where he has honed his skills in navigating the complex landscapes of upstream energy, mining, and metals sectors. His prior roles include Vice President of Corporate Relations for Red Eagle Mining, Black Eagle Mining, and Slater Mining, as well as positions with Dundee Securities Corporation and Scotia McLeod, further showcasing his versatility and leadership within the industry. Mr. Arias has studied Finance and Marketing at Simon Fraser University, Vancouver, BC. He will begin his advisory role immediately, providing strategic guidance in corporate finance as Element79 moves forward with to fund its exploration and development projects.공지 • Sep 11+ 1 more updateElement79 Gold Corp Provides an Update for Its Clover Project in Elko County, Nevada and Its Portfolio of Exploration and Development Projects in Nevada, USAElement79 Gold Corp. provided an update for its Clover project in Elko County, Nevada, and its portfolio of exploration and development projects in Nevada, USA. Through deliberation, forecasting and strategic planning, the Company has chosen to focus its efforts on two projects at this time:- the high-grade, past-producing Lucero mine in Arequipa, Peru, with exploration and development efforts centered around bringing production online in 2025; - retaining only Clover, in the Battle Mountain region in Nevada, the company most-advanced-stage exploration project in Nevada. Overview: ELEM has visited Clover to review project viability; Clover is located at the northwest extension of the Carlin trend in an area known as the Northern Nevada Rift Zone. Clover is centrally located in the rift zone that also hosts the adjacent epithermal deposits such as Midas and also the Hollister Mine. Past owners had drilled 104 mostly shallow holes, including significant hits of: 32' at 25 g/t Au with a peak intersection of 2.5' at 274 g/t Au; 25' at 7.85 g/t Au; and 10' at 20.4 g/t Au. ELEM is discussing engagement with third party professionals for compiling historical project drill data and sequential phases of recommended work to lead into a 43-101 Property of Merit report. Review of environmental, drilling and water permits underway with Nevada BLM New drill targets have been identified for an inaugural drilling program at Clover The Company's Board of Directors has resolved to not renew its interests in West Whistler, but will retain the historical data thereof. Clover Project Review and Planning: The Company's team has visited Clover twice in the last year, with the intent of corroborating past data (searching for historical drill collars, prospecting, new sampling, trenching and drill sites) and reviewing the status of former operators' reclamation work. Combined with desktop reviews of the historical drill results, mapping and other efforts, Clover shines with strong regional context and further resource development potential. Former owners of the project drilled the expansive surface expression of the system for shallow oxide mineralization with several high-grade intercepts that may indicate leakage from a deeper deposit. The Company has formulated development of conceptual targets and drilling programs to expand upon and ideally develop a resource through exploring the deeper structural feeder zones and focusing on boiling horizons which typically host bonanza type grades in feeders. 2024 Work Plans for the Clover Project: Balancing the company's resource development and mine restart efforts at its past-producing gold and silver Lucero mine in Peru, Clover stands out as having a strong potential for resource development. Key highlights of the 2024-2025 work program include: Mapping, Sampling, Geochemistry - The Company plans to conduct sampling and metallurgical testing to optimize recovery rates for gold, silver and other metals of strategic interest. Resource Definition: A primary focus in 2024-2025 will be upgrading the Lucero Project's resource classification to Inferred status. This will involve drilling and resource modeling to better define the initial scale and grade of the deposit. New 43-101 to be commissioned: Given the breadth of historical data on this project, it is an industry best practice to document historical work and results through a comprehensive, formal third-party report. This process will set the stage for resource development by identifying required next steps, including project work, recommended drilling programs, corroborate strategies, and regional contextual data. The Company has been reviewing this data with a trusted global-level service provider and is reaching engagement terms for the fall/winter 2024 completion of this. Further updates will be provided via news release in due course. Permitting and Regulatory Compliance: Throughout 2024, Element79 Gold will continue to work closely with local authorities to advance all necessary permits and ensure full compliance with mining and environmental regulations. West Whistler: As the Company defines its renewed focus, in a meeting held on August 31, 2024, the Board of Directors of Element79 Gold Corp. resolved to surrender its interests in the West Whistler project in Battle Mountain, a shared vision that aligns with the Company's evolving business strategy.Board Change • Sep 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Director Neil Pettigrew is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공지 • Aug 29Element79 Gold Corp. Announces Board ChangesElement79 Gold Corp. announced the addition of Mr. Warren Levy to the board of directors. Mr. Levy was appointed to the company's advisory board in March. Mr. Levy's career is marked by exceptional sustainability leadership, including several senior roles where he has left an indelible mark, notably in the energy and resources sector. Mr. Levy has guided multiple companies with foreign operations both as an advisor and board member, leveraging his expertise in sustainability, operational efficiency and capital raising while fostering positive relationships with local communities. Throughout his career, Mr. Levy has demonstrated the ability to cultivate high-performance teams across diverse cultural landscapes. His strategic guidance has propelled the expansion of numerous companies in sectors spanning petroleum, mining, and high-tech industries in Latin America and Asia. Author of multiple publications on Latin American energy policy, Mr. Levy has contributed to the discourse on energy and natural resource development in the region, offering insightful perspectives on energy policy and the pivotal role of sustainable development in poverty reduction. Mr. Levy has run regional oilfield and mining service companies with significant operations in Peru, and most recently was the CEO of Jaguar Exploration and Production, the largest private natural gas operator in Mexico, leading it from startup through to becoming the recognized leader in sustainable natural gas production. He managed the company through to the successful sale to a major Mexican conglomerate. The company further announces Mr. Antonios Maragakis' resignation from his position as a director but advise that he has accepted a position on the company's advisory board.공지 • Jul 29Element79 Gold Corp., Annual General Meeting, Sep 23, 2024Element79 Gold Corp., Annual General Meeting, Sep 23, 2024.공지 • Jul 04Element79 Gold Corp. announced that it expects to receive CAD 0.25 million in fundingElement79 Gold Corp. announced a non-brokered private placement of 1,086,956 units at a purchase price of CAD 0.23 per unit for the gross proceeds of CAD 249,999.88 on July 4, 2024. Each unit will be composed of one common share of the company and one common share purchase warrant. Each warrant will be exercisable for one common share at a price of CAD 0.35 per common share for four years from the date of issuance. In accordance with applicable Canadian securities laws, all securities issued pursuant to the financing will be subject to a statutory hold period of four months and one day from the date of issuance. The closing of the financing is subject to the approval of the Canadian Securities Exchange.공지 • May 16Element79 Gold Corp Reports Exceptionally High-Grade Results from LuceroElement79 Gold Corp. reported additional assay results from underground sampling at its Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver (sample 2508). Key Highlights: Significant Mineral Endowment: A total of 455 samples underground channel samples have been collected from this latest phase, representing nearly 600 kg (620kg) of mineralization and 650 kg of wall rock, underwent comprehensive analysis by their partners at Ore Discovery and unveiled significant exploration potential. Notably, results in 115 samples returned substantial values in gold (Au) (ranging from 1.0 g/t to 98.1 g/t), silver (Ag) (ranging from 0.7 g/t to 3,026 g/t), lead (Pb) (as high as 2.0%) and zinc (Zn) (up to 3.5%), highlighting the robust potential of Lucero's mineral endowment. High-Grade Mineralization: Among these, 17 samples exhibited gold values surpassing 10 g/t, with 8 samples exceeding 20 g/t, and 51 samples boasting silver values exceeding 100 g/t Ag. Of particular significance are 15 high-grade samples with values ranging from 12.65g/t to an impressive 98.1g/t of Au, and remarkable silver values of 62.1 g/t to 3,026 g/t and up 3.24% Zn. These findings reaffirm the potential for exceptional high-grade mineralization. Geochemistry total Statistics: Total of 455 samples, 58% has grades over 0.1 g/t Au; 26% has grades over 1 g/t Au and 9% has grades over 5 g/t Au. Notably most of grades below 0.1 g/t Au correspond to wall rock (foot or hanging wall). Next Steps: With this latest exceptional assay data, Element79 is poised for strategic advancement. These results transcend routine exploration work, they are pivotal markers demonstrating the Lucero project's tangible promise and potential, serving as the bedrock for their forthcoming drill plans and resource estimation.공지 • May 15Element79 Gold Corp. Appoints Warren Levy to Its Advisory BoardElement79 Gold Corp. announced the appointment of Mr. Warren Levy to its advisory board. With a wealth of experience in sustainability and natural resources operations, Mr. Levy brings a profound understanding of the challenges associated with the industry. His appointment highlights Element 79's commitment to strategic growth, with sustainability as a cornerstone of its operational excellence. Mr. Levy's career is marked by exceptional sustainability leadership, including several senior roles where he has left an indelible mark, notably in the energy and resources sector. Mr. Levy has guided multiple companies with foreign operations both as an advisor and board member, leveraging his expertise in sustainability, operational efficiency and capital raising while fostering positive relationships with local communities. Throughout his career, Mr. Levy has demonstrated a remarkable ability to cultivate high-performance teams across diverse cultural landscapes. His strategic guidance has propelled the expansion of numerous companies in sectors spanning petroleum, mining, and high-tech industries, particularly in Latin America and Asia. Author of multiple publications, Mr. Levy has contributed to the discourse on energy and natural resource development in Latin America, offering insightful perspectives on energy policy and the pivotal role of sustainable development in poverty reduction.공지 • Apr 19Element79 Gold Corp. announced that it has received CAD 0.867735 million in fundingOn April 18, 2024, Element79 Gold Corp., closed the transaction. The company has issued 1,381,130 units and has raised CAD 317,660 in its third and final tranche closing. The transaction was oversubscribed. Now with a third closing the offering has raised an aggregate total of CAD 867,735.공지 • Mar 12Element79 Gold Corp. announced that it expects to receive CAD 0.4 million in fundingElement79 Gold Corp. announced a non-brokered private placement of 1,739,130 units at a price of CAD 0.23 per unit for the gross proceeds of CAD 399,999.9 on March 11, 2024. Each unit will comprise one common share of the company and one common share purchase warrant. Each warrant will be exercisable for one common share at a price of CAD 0.35 per common share for two years from the date of issuance. In accordance with applicable Canadian securities laws, all securities issued pursuant to the financing will be subject to a statutory hold period of four months and one day from the date of issuance. The closing of the financing is subject to the approval of the Canadian Securities Exchange.New Risk • Feb 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended May 2023. 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 Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Shareholders have been substantially diluted in the past year (156% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.85m market cap, or US$5.09m). Minor Risk Latest financial reports are more than 6 months old (reported May 2023 fiscal period end).공지 • Dec 30Element79 Gold Corp. announced that it has received CAD 0.6 million in fundingOn December 29, 2023, Element79 Gold Corp., closed the transaction.공지 • Dec 20Element79 Gold Corp. announced that it expects to receive CAD 0.6 million in fundingElement79 Gold Corp. announced a non-brokered private placement of up to 5,309,734 common shares at a price of CAD 0.113 per share for the gross proceeds of up to CAD 600,000 on December 19, 2023. In accordance with applicable Canadian securities laws, all securities issued pursuant to the private placement will be legended with a hold period of four months and one day from the date of issuance. The transaction is subject to the approval of the Canadian Securities Exchange. The securities of the Company referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended.공지 • Nov 17Element79 Gold Corp. Announces Chief Operating Officer ChangesElement79 Gold Corp. announced a significant change in its leadership team: Antonios Maragakis, the company's Chief Operating Officer (COO) and Director, will be stepping down from his active role as COO due to other professional commitments but will continue to serve as a valued member of the Board of Directors. Kim Kirkland, currently VP Exploration, appointed as the new COO, effective November 15, 2023. Kim Kirkland brings extensive industry knowledge and operational expertise in both Nevada and Peru to lead the company's operations. Antonios Maragakis has been an integral part of Element79 Gold Corp.'s growth and success, playing a pivotal role in the company's operations and strategic direction since October 2021. Mr. Maragakis decision to step back from his active role as COO is driven by his new and evolving professional needs. His efforts at the Company have always included and been supported by the team at Mine+ Group. Element79 Gold Corp. is grateful for his invaluable contributions to the organization to date, and Mr. Maragakis will remain an essential member of Element79 Gold Corp.'s board, where his expertise and insights will continue to benefit the company. Replacing Mr. Maragakis as the new Chief Operating Officer (COO) is Kim Kirkland, currently serving as the company's Vice President of Exploration. Mr. Kirkland is a seasoned mining veteran with a track record spanning senior executive and lead engineering roles at some of the worlds biggest mining companies, with a core focus on operating mines in Nevada and Peru. Kim has been intimately involved in Element79 Golds project and strategic development processes since joining the Company in March 2022, making him the ideal candidate to lead Element79 Gold Corp.'s operations into the future. His extensive knowledge of its projects, commitment to safety, and dedication to sustainable practices align perfectly with the Companys corporate values. Kim will assume responsibility for overseeing the company's day-to-day operations, including the development and execution of exploration and mining activities, while ensuring the highest standards of safety and both environmental and community relations stewardship. His unique career experience in mining operations in both Nevada and Peru make him a key asset to and figure in Element79 Gold Corps project portfolio development in both of those regions.New Risk • Nov 08New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% 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 (31% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.97m market cap, or US$1.43m).Board Change • Oct 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Neil Pettigrew is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공지 • Sep 20Element79 Gold Corp. Appoints Tammy Gillis as New Chief Financial OfficerElement79 Gold Corp. announce a significant change in its leadership team. The Company has appointed Tammy Gillis as its new Chief Financial Officer (CFO), effective the beginning of the business day of September 18, 2023. Ms. Gillis brings a wealth of experience and expertise to the role, further strengthening Element79 Gold Corp.'s commitment to financial excellence and growth. Ms. Gillis is a CPA, CMA with over 20 years experience in the public markets bringing comprehensive background in finance, reporting and regulatory requirements for junior exploration, manufacturing, bio-technology, and technology industries. Ms. Gillis has been part of teams that have completed several financings, grant applications and acquisition transactions. Ms. Gillis started her career working at a corporate and securities law firm. Ms. Gillis previously served as Corporate Accountant for an international manufacturing company that had revenue in excess of $120 million and as Chief Financial Officer for a technology company with patented cathode materials used in lithium-ion batteries that successfully built a pilot plant with the assistant of over $4 million in government grants. Ms. Gillis has served as an officer for several TSX-V and CSE listed issuers. Ms. Gillis's appointment follows a thorough search process conducted by Element79 Gold Corp.'s board of directors, and she will be replacing Heidi Gutte, CGA, CPA, who has played a key role in the company's financial management during her tenure since the Companys pre-IPO days. Ms. Gutte has resigned from her former CFO as part of this leadership change, and will continue to support the Company in a consultancy role for the coming months to ensure a smooth transition through the Year End 2022/2023 audits.공지 • Sep 09Element79 Gold Corp. announced that it has received CAD 0.145 million in fundingOn September 8, 2023, Element79 Gold Corp. closed the transaction. The company amended the terms of the deal and received CAD 145,000 in the transaction. The transaction was oversubscribed.Board Change • Aug 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Neil Pettigrew is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.New Risk • Jul 30New 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$2.4m 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$2.4m free cash flow). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.40m market cap, or US$3.33m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change).공지 • Jul 14Centra Mining Ltd. completed the acquisition of The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM).Centra Mining Ltd. entered into non-binding letters of intent to acquire The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM) for CAD 1 million on November 17, 2022. As on May 25, 2023, Centra mining entered into Asset Purchase Agreement to acquire The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM). Under the terms of the transaction, Centra Mining Ltd. will issue an aggregate of 2,500,000 common shares of Centra at a deemed price of CAD 0.40 per share. The transaction is subject to regulatory approval and is expected to close on or before June 30, 2023. Centra Mining Ltd. completed the acquisition of The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM) on July 13, 2023.공지 • Jul 13Element79 Gold Corp. Appoints James Tworek to Board of DirectorsElement79 Gold Corp. announced the appointment of James C. Tworek, the Company's CEO, as a non-independent Director of the Company. In addition to his operational role as CEO, Mr. Tworek will now be in a more direct supportive role to work with the Board in strategic decision making and guidance. James has been the CEO of Element79 Gold Corp. since its pre-IPO era and has built his career holding positions as Director, Senior Management, Operational and Analytical roles in both public and private companies. As successful entrepreneur, his 25-year career started in banking in 1998 and he has garnered a wealth of experience across diverse industries between Commercial Banking, Mining, Oil and Gas, Project Finance, mezzanine debt, mortgage brokerage, Hemp/legal Cannabis, and Clean Water/Envirotech industries. His investing experience includes real estate, private mining, private equity, startup generation, tech, and agricultural ventures. A team leader, James built his career on successfully executing, developing and reaching corporate growth targets. His strong communication skills, honesty and integrity with investors and stakeholders make him an asset as a board member.공지 • Jun 29Element79 Gold Corp. (CNSX:ELEM) submitted a winning bid to acquire Lucero del Sur 28.Element79 Gold Corp. (CNSX:ELEM) submitted a winning bid to acquire Lucero del Sur 28 on June 1, 2023. The bid is for the coveted area covering the Roxana vein and referred to as Lucero del Sur 28 located strategically just east of the high-grade Lucero gold-silver project.공지 • May 06Element79 Gold Corp. announced that it expects to receive CAD 5 million in fundingElement79 Gold Corp. announced a non brokered private placement of unsecured convertible note units in the aggregate principal amount of up to CAD 500,000 on May 5, 2023.. Each unit shall consist of a CAD 1,000 unsecured convertible note and 10,000 non-transferrable full-common share purchase warrants. Each convertible note will be convertible into common shares of the company at a price of CAD 0.10 per share and any accrued but unpaid interest thereon will be convertible into shares at the price of CAD 0.10 per share. Each warrant will be exercisable into one common share of the company at an exercise price of CAD 0.20 for two years from issuance and are subject to an acceleration clause noting that in the event that the volume-weighted average price of the shares equals or exceeds CAD 0.30 per share on the Canadian Securities Exchange for 10 consecutive trading days after the date that is four months and one day from the closing date. The principal amount of the convertible note will bear interest at 15 per cent per annum, payable every six months from the closing date, in shares or cash, at the company's election with 60 days of notice. Any accrued but unpaid interest, will mature on the date that is two years following the closing date. The securities issued will be subject to a four-month-and-one-day hold period. The completion of the private placement and payment of any commission and fees remains subject to the receipt of all necessary approvals, including the approval of the exchange.공지 • Jan 05Element79 Gold Corp. Announces Resignation of Konstantin Lichtenwald from Its BoardElement79 Gold Corp. announced that effective December 2, 2022, Mr. Konstantin Lichtenwald will be stepping down from the board. Mr. Lichtenwald has served as a member of the board of directors with the Company since its inception, and has assisted with various listing and strategic advisory services since then. Element79 Gold reported that he will remain engaged as an adviser to the board of directors.공지 • Nov 18+ 1 more updateValdo Minerals Ltd. entered into a non-binding letter of intent to acquire North Mill Creek Project, Elder Creek Project and Elephant Project from Element79 Gold Corp. (CNSX:ELEM) for CAD 1.1 million.Valdo Minerals Ltd. entered into a non-binding letter of intent to acquire North Mill Creek Project, Elder Creek Project and Elephant Project from Element79 Gold Corp. (CNSX:ELEM) for CAD 1.1 million on November 17, 2022. Under the terms of the LOI, it is anticipated that Valdo would purchase all of Element79 Gold's interests and obligations in relation to North Mill Creek, Elder Creek, and Elephant for a total consideration of CAD 1.125 million payable by the issuance of an aggregate of 3,750,000 common shares of Centra. The LOI is non-binding and is subject to a 180-day exclusivity period.Board Change • Nov 16High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Konstantin Lichtenwald is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Aug 31High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Konstantin Lichtenwald is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공지 • Jul 08Element79 Gold Corp. Appoints Shane Williams to Board of DirectorsElement79 Gold Corp. announces that it has appointed Mr. Shane Williams, Chief Operation Officer of Skeena Resources Limited, to its Board of Directors. Mr. Williams carries a history of significant value creation in both early-stage and operating companies, which includes senior executive and management roles overseeing and delivering world-class multi-billion-dollar projects at highly prominent companies. Mr. Williams completed his Master of Project Management degree at the University of Limerick in Ireland and his Bachelor of Engineering degree in Electrical Engineering at Technological University Dublin. He brings with him nearly 20 years of experience in senior management and executive roles where he has delivered significant value to well-known companies in the mining and resources sectors.공지 • Jun 30Element79 Gold Corp. (CNSX:ELEM) completed the acquisition of Calipuy Resources Inc. for CAD 22 million.Element79 Gold Corp. (CNSX:ELEM) agreed to acquire all of the issued and outstanding securities of Calipuy and all of its assets and undertakings of Calipuy Resources Inc. for CAD 15 million on March 10, 2022. Under the terms of the LOI, Element79 will acquire all of the issued and outstanding securities of Calipuy and all of its assets and undertakings, subject to the completion of satisfactory due diligence, and the execution of a Definitive Agreement. On closing of the Transaction, Element79 Gold will issue common shares to Calipuy's shareholders having an aggregate deemed value of CAD 15 million at an issue price of CAD 1.07 per share. All share issuances will be paid in CAD denominated shares with the USD exchange rate to be specified in the Definitive Agreement. The directors of Calipuy will also be entitled to recommend two directors to the Element79 Gold board of directors, which will expand to 5 directors in total. The LOI was approved by the directors of the Company who are all arm’s length to Calipuy and any interested parties. Element79 Gold's Chief Executive Officer James Tworek is proud of its team's effort and look forward to continuing this work through to the logical end of completing a Definitive Agreement with Calipuy in the coming weeks, which would precipitate a closing on these assets before the end of Q3 2022". As on June 19, 2022 Element79 Gold Corp. entered into a definitive share purchase agreement for the acquisition of all of the issued and outstanding common shares of Calipuy Resources Inc. On closing of the Acquisition, the USD$15 million purchase price for the shares of Calipuy will be paid by the issuance on a pro rata basis to the shareholders of Calipuy of (i) an aggregate of 19,165,486 common shares of the Company at an issue price of CAD 1.00 per share (the 'Consideration Shares') and (ii) performance bonus warrants to acquire an aggregate of 3,833,085 common shares of the Company (the 'Performance Bonus Warrants'). Each Performance Bonus Warrant is exercisable into one common share of the Company at an exercise price of CAD 2.00 per share for a period of three years from Exercise Eligibility Date, subject to achievement of the Bonus Performance Target. The holders of the Performance Bonus Warrants will not have the right to exercise the Performance Bonus Warrants until projects carried out on the Properties have cumulatively reached a minimum production target of 9,000 tons of ore yielding a minimum of 1,500 oz Au within a 30 day production period. All issuances of Consideration Shares will be paid in CAD denominated shares at the agreed exchange rate of CAD 1.2777 to $1.00. An aggregate of 12,971,503 Consideration Shares and 2,594,298 Performance Bonus Warrants will be subject to a lock-up agreement, whereby 50% will be released from lock-up 6 months from Closing and the remaining 50% will be released 12 months from Closing. The balance of the consideration Shares, other than those held by U.S. persons, are not subject to any resale restrictions under applicable securities laws. Completion of the Acquisition is subject to various conditions precedent, certain third-party approvals, approval from Calipuy Shareholders, Element79 shall be satisfied that its due diligence, Calipuy shall terminate all Executive and Director Agreements and other standard conditions for a transaction of this type. Nafeesa Valli-Hasham of Clark Wilson LLP acted as legal advisor to Element79 Gold Corp. David W. Smalley of David Smalley Law Corp. acted as legal advisor to Calipuy Resources Inc. Element79 Gold Corp. (CNSX:ELEM) completed the acquisition of Calipuy Resources Inc. on June 29, 2022.공지 • Jun 24Element79 Gold Corp. announced that it expects to receive CAD 2 million in fundingElement79 Gold Corp. a non-brokered private placement of up to 4,000,000 units at CAD 0.5 per unit for gross proceeds of CAD 2,000,000 on June 23, 2022. Each unit consists of one common share and one non transferable common share purchase warrant. . Each warrant is exercisable into one common share at a price of CAD 1 per share for a period of twenty-four months from the date of issuance, subject to acceleration. All securities issued pursuant to the Private Placement are subject to a statutory hold period expiring 4 months and one day from the date of issuance.공지 • Jun 04Element79 Gold Reports Results of 2021 Dale Property Phase I Exploration ProgramElement79 Gold Corp. announced an update on the results of its 2021 Phase I Exploration Program on the Dale Property, located within the Swayze Greenstone belt of the Abitibi Subprovince. The Work Program, consisting of bedrock trenching and soil sampling, was designed to follow up on several prospecting samples taken by the vendor of the Dale Property which indicated the presence of elevated gold, and was completed over several weeks in the fall of 2021. Utilizing the high-resolution data obtained from the drone-based magnetic survey completed by Element79 Gold in 2021, the Work Program consisted of trenching, channel sampling, prospecting, mapping, and soil sampling, following up on historic prospecting by the vendors of the property which has yielded up to 3.8 g/t Au, including several highly anomalous samples grading greater than 0.1 g/t Au, with assay results pending. A total of 5 trenches were excavated, with a total of 83 rock samples and 49 soil samples which yielded results comparable to earlier reconnaissance prospecting, returning up to 2.6 g/t Au from Trench 3, the location of the highest gold assay provided by the vendor, and expanding the original outcrop, leading to a better understanding of the controls on mineralization. Five other grab samples returned > 0.2 g/t Au, with soil samples additionally returning anomalous values up to 54 ppb Au in 8 of 49 samples, suggesting soil sampling is an effective exploration tool on the Dale Property.공지 • May 04Element79 Gold Corp. Appoints Antonios Maragakis to Board of DirectorsElement79 Gold Corp. announced the appointment of Antonios Maragakis as a director. Mr. Maragakis will also continue to serve as Chief Operating Officer of the Company. Mr. Maragakis will be increasing his management and advisement capacity for the Company in addition to his current role as Element79 Gold's COO.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.Recent Insider Transactions • Apr 05Director recently sold CA$53k worth of stockOn the 30th of March, Konstantin Lichtenwald sold around 52k shares on-market at roughly CA$1.02 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$125k. Insiders have been net sellers, collectively disposing of CA$293k more than they bought in the last 12 months.Recent Insider Transactions • Mar 30Director recently sold CA$53k worth of stockOn the 24th of March, Konstantin Lichtenwald sold around 50k shares on-market at roughly CA$1.06 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$125k. Insiders have been net sellers, collectively disposing of CA$240k more than they bought in the last 12 months.Recent Insider Transactions • Feb 24Director recently sold CA$64k worth of stockOn the 16th of February, Konstantin Lichtenwald sold around 55k shares on-market at roughly CA$1.16 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$62k more than they bought in the last 12 months.공지 • Dec 19Element79 Gold Corp. (CNSX:ELEM) completed the acquisition of 1316524 B.C. Ltd.Element79 Gold Corp. (CNSX:ELEM) entered into a securities exchange agreement to acquire 1316524 B.C. Ltd. for CAD 2.2 million on October 4, 2021. Element79 Gold will pay CAD 0.3 million and 2,525,000 common shares. The transaction is subject to regulatory approval. As per the article on December 1, 2021, due to delays associated with Clover Nevada and MSMC obtaining outstanding consents required for the acquisition the Asset Purchase Agreement have been amended to provide the parties with additional time to complete the transactions contemplated thereunder. Element79 expects to complete the acquisition of Goldco on or around November 30, 2021. Element79 Gold expects to close the Transactions in December 2021. Element79 Gold Corp. (CNSX:ELEM) completed the acquisition of 1316524 B.C. Ltd. on December 17, 2021.공지 • Sep 25Element79 Gold Corp. Begins Phase 1 Exploration Program on the Dale Gold Property in the Abitibi Subprovince, Ontario, CanadaElement79 Gold Corp. provided an update on its ongoing progress within the Abitibi Subprovince targeting bulk tonnage style gold mineralization at its Dale Gold Property in Ontario, Canada. Mobilization has begun for Phase 1, focused on following up on historic prospecting which has returned up to 3.82 g/t gold. Work Program Leadership and Team: A Long History of Mining. Element79 Gold is pleased to have the experienced leadership of its director, Mr. Neil Pettigrew, M.Sc, P.Geo., and his team at Fladgate Exploration Consulting Corporation ("Fladgate") managing the Phase 1 program on the Dale Gold Property. The Fladgate team has historically worked with clients such as Barrick Gold Corporation ("Barrick Gold") (NYSE listed) and Newmont Corporation ("Newmont") (NYSE listed) and several names which have gone on to be acquired including Goldcorp Inc. (acquired by Newmont), PC Gold Inc. (acquired by First Mining), and Placer Dome (acquired by Barrick Gold). Detailed Work Plan and Progress: The Element79 Gold team is utilizing both historical data and the earlier Spring 2021 drone-based magnetometer survey to focus reconnaissance mapping, prospecting, and soil sampling. In addition trenching and channel sampling will carried out on existing gold showings identified by the vendors of the property which have returned up to 3.82 g/t gold. The Company intends to pursue the Phase 2 work program (including 1,500m of diamond drilling) as recommended within the 43-101 Technical Report following favourable results from Phase 1. Surrounding Area Hosts Some of the World's Large Gold Deposits: The Dale Property is a highly prospective early-stage gold project located in the Swazye greenstone belt, which is turn is part of the Abitibi Subprovince which hosts some of the world's large gold deposits, e.g. the Timmins camp which has produced over 70 million ounces of gold. The Swazye greenstone belt is best known for hosting IamGold's Côté Lake deposit which contains 10.2 million ounces Measured and Indicated and 3.8 million ounces Inferred, and is located 50 km southeast of the Dale Property. The Côté Lake project received a Positive Construction Decision in July 2020 and plans to achieve commercial production in 2023. Strong Gold Market Outlook Presents Prime M&A Environment: Element79 Gold believes market conditions are ripe for value-driven gold acquisitions and is actively reviewing several advanced project acquisition opportunities. The Company expects to create significant additional value for its investors both immediately and over the long term as a result of its growing M&A pipeline. In fact, Goldman Sachs' latest research note forecast gold at USD 2000/oz in 3, 6, and 12-month horizons.공지 • Aug 26Element79 Gold Corp. (CNSX:ELEM) signed a binding Letter of Intent to acquire Plutus Gold Corp. for CAD 5.8 million.Element79 Gold Corp. (CNSX:ELEM) signed a binding Letter of Intent to acquire Plutus Gold Corp. for CAD 5.8 million on August 25, 2021. As a part of the consideration, CAD 0.2 million cash and 8 million common shares will be issued. The parties to use best efforts to negotiate and execute a definitive agreement. The LOI carries exclusivity until October 31, 2021.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 ELEM 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: ELEM 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Element79 Gold 배당 수익률 vs 시장ELEM의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (ELEM)n/a시장 하위 25% (CA)1.7%시장 상위 25% (CA)5.4%업계 평균 (Metals and Mining)1.3%분석가 예측 (ELEM) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 ELEM 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 ELEM 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 ELEM 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: ELEM 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCA 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/06 09:18종가2026/05/06 00:00수익2026/02/28연간 수익2025/08/31데이터 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 소스Element79 Gold Corp.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mark La ReichmanNOBLE Capital Markets, Inc.
공지 • Sep 16Element79 Gold Corp. Announces Board Changes, Effective September 15, 2025Element79 Gold Corp. announced that its Board of Directors has accepted the resignation of Ms. Zara Kanji as Director of the Company, effective immediately. The Board and management thank Ms. Kanji for her valuable contributions to the Company and wish her the very best in her current and future endeavors. At the same time, the Board announced the appointment of Mr. Mohammad Fazil as a Director of the Company, effective September 15, 2025. Mr. Fazil has been active in venture capital for over 35 years. He was employed by boutique investment dealers in Canada as a finance professional focusing on funding junior listed issuers on the TSX and TSX Venture exchange. Mr. Fazil is the founder and President of Lion Park Capital, a private financial advisory firm helping companies raise funding and list on a Canadian stock exchange. He is the Chairman of the Calgary branch of the TSX Venture Exchanges Listing Advisory Committee and a member of the National Advisory Committee. He is President and Director of Blue Sky Global Energy Corp., Director of Smooth Rock Ventures Corp., CEO and Director of 5D Acquisition Corp., and President and Director of Florence Once Capital Inc.
Board Change • Sep 03Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Tony Maragakis is the most experienced director on the board, commencing their role in 2022. Non-Independent Director James Tworek was the last independent director to join the board, commencing their role in 2023. 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.
공지 • Aug 26Element79 Gold Corp., Annual General Meeting, Oct 21, 2025Element79 Gold Corp., Annual General Meeting, Oct 21, 2025.
New Risk • Aug 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 144% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$5.5m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Negative equity (-CA$2.5m). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (144% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.32m market cap, or US$6.03m).
New Risk • Mar 06New 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$3.0m 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$3.0m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (113% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.78m market cap, or US$2.64m).
New Risk • Feb 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended May 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 Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 69% per year over the past 5 years. Shareholders have been substantially diluted in the past year (381% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.12m market cap, or US$2.91m). Minor Risk Latest financial reports are more than 6 months old (reported May 2024 fiscal period end).
New Risk • Jan 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 69% per year over the past 5 years. Shareholders have been substantially diluted in the past year (381% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.12m market cap, or US$2.87m).
공지 • Oct 26+ 1 more updateElement79 Gold Corp. announced that it expects to receive CAD 1 million in fundingElement79 Gold Corp. announced a non-brokered private placement that it will issue up to 10,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of up to CAD 1,000,000 on October 25, 2024. The Units will consist of one common share of the Company and one share purchase warrant. Each Warrant will be exercisable by the warrant holder to acquire one additional Share at a price of CAD 0.15 for a period of 24 months from the closing of the Offering. The Warrants are subject to an acceleration clause, whereby if the closing price of the common shares of the Company on the Canadian Securities Exchange is equal to CAD 0.20 or higher for ten consecutive trading days, the Company may accelerate the expiry of the Warrants to the date that is 30 business days from the date of the issuance of a news release by the Company announcing the exercise of the acceleration right. The issuance of securities in connection with this Offering will be subject to Canadian Securities Exchange approval and the securities will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable Canadian securities laws.
공지 • Sep 24Element79 Gold Corp. Announces Resignation of George Tumur from Board of DirectorsElement79 Gold Corp. announced that at its AGM held on September 23, 2024, George Tumur did not stand for re-election to the company's board of directors. At this time the company has not replaced Mr. Tumur and will look for a suitable replacement in the future. The company would like to thank Mr. Tumur for his time, contributions and support.
공지 • Sep 20-Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of DirectorsElement79 Gold Corp. announced the appointment of Mr. Kevin Arias to the Company's Advisory Board. With over two decades of experience across industries such as mining, energy, and corporate finance, Mr. Arias brings a wealth of knowledge and expertise to the Company. His strong background in business development, investor relations, securities, and corporate communications, combined with a proven track record in raising over CAD 100 million since 2008, positions him as a valuable addition to the Element79 team. Mr. Arias currently serves as Managing Director at Maple Grove Capital Inc., where he has honed his skills in navigating the complex landscapes of upstream energy, mining, and metals sectors. His prior roles include Vice President of Corporate Relations for Red Eagle Mining, Black Eagle Mining, and Slater Mining, as well as positions with Dundee Securities Corporation and Scotia McLeod, further showcasing his versatility and leadership within the industry. Mr. Arias has studied Finance and Marketing at Simon Fraser University, Vancouver, BC. He will begin his advisory role immediately, providing strategic guidance in corporate finance as Element79 moves forward with to fund its exploration and development projects.
공지 • Sep 11+ 1 more updateElement79 Gold Corp Provides an Update for Its Clover Project in Elko County, Nevada and Its Portfolio of Exploration and Development Projects in Nevada, USAElement79 Gold Corp. provided an update for its Clover project in Elko County, Nevada, and its portfolio of exploration and development projects in Nevada, USA. Through deliberation, forecasting and strategic planning, the Company has chosen to focus its efforts on two projects at this time:- the high-grade, past-producing Lucero mine in Arequipa, Peru, with exploration and development efforts centered around bringing production online in 2025; - retaining only Clover, in the Battle Mountain region in Nevada, the company most-advanced-stage exploration project in Nevada. Overview: ELEM has visited Clover to review project viability; Clover is located at the northwest extension of the Carlin trend in an area known as the Northern Nevada Rift Zone. Clover is centrally located in the rift zone that also hosts the adjacent epithermal deposits such as Midas and also the Hollister Mine. Past owners had drilled 104 mostly shallow holes, including significant hits of: 32' at 25 g/t Au with a peak intersection of 2.5' at 274 g/t Au; 25' at 7.85 g/t Au; and 10' at 20.4 g/t Au. ELEM is discussing engagement with third party professionals for compiling historical project drill data and sequential phases of recommended work to lead into a 43-101 Property of Merit report. Review of environmental, drilling and water permits underway with Nevada BLM New drill targets have been identified for an inaugural drilling program at Clover The Company's Board of Directors has resolved to not renew its interests in West Whistler, but will retain the historical data thereof. Clover Project Review and Planning: The Company's team has visited Clover twice in the last year, with the intent of corroborating past data (searching for historical drill collars, prospecting, new sampling, trenching and drill sites) and reviewing the status of former operators' reclamation work. Combined with desktop reviews of the historical drill results, mapping and other efforts, Clover shines with strong regional context and further resource development potential. Former owners of the project drilled the expansive surface expression of the system for shallow oxide mineralization with several high-grade intercepts that may indicate leakage from a deeper deposit. The Company has formulated development of conceptual targets and drilling programs to expand upon and ideally develop a resource through exploring the deeper structural feeder zones and focusing on boiling horizons which typically host bonanza type grades in feeders. 2024 Work Plans for the Clover Project: Balancing the company's resource development and mine restart efforts at its past-producing gold and silver Lucero mine in Peru, Clover stands out as having a strong potential for resource development. Key highlights of the 2024-2025 work program include: Mapping, Sampling, Geochemistry - The Company plans to conduct sampling and metallurgical testing to optimize recovery rates for gold, silver and other metals of strategic interest. Resource Definition: A primary focus in 2024-2025 will be upgrading the Lucero Project's resource classification to Inferred status. This will involve drilling and resource modeling to better define the initial scale and grade of the deposit. New 43-101 to be commissioned: Given the breadth of historical data on this project, it is an industry best practice to document historical work and results through a comprehensive, formal third-party report. This process will set the stage for resource development by identifying required next steps, including project work, recommended drilling programs, corroborate strategies, and regional contextual data. The Company has been reviewing this data with a trusted global-level service provider and is reaching engagement terms for the fall/winter 2024 completion of this. Further updates will be provided via news release in due course. Permitting and Regulatory Compliance: Throughout 2024, Element79 Gold will continue to work closely with local authorities to advance all necessary permits and ensure full compliance with mining and environmental regulations. West Whistler: As the Company defines its renewed focus, in a meeting held on August 31, 2024, the Board of Directors of Element79 Gold Corp. resolved to surrender its interests in the West Whistler project in Battle Mountain, a shared vision that aligns with the Company's evolving business strategy.
Board Change • Sep 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Director Neil Pettigrew is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공지 • Aug 29Element79 Gold Corp. Announces Board ChangesElement79 Gold Corp. announced the addition of Mr. Warren Levy to the board of directors. Mr. Levy was appointed to the company's advisory board in March. Mr. Levy's career is marked by exceptional sustainability leadership, including several senior roles where he has left an indelible mark, notably in the energy and resources sector. Mr. Levy has guided multiple companies with foreign operations both as an advisor and board member, leveraging his expertise in sustainability, operational efficiency and capital raising while fostering positive relationships with local communities. Throughout his career, Mr. Levy has demonstrated the ability to cultivate high-performance teams across diverse cultural landscapes. His strategic guidance has propelled the expansion of numerous companies in sectors spanning petroleum, mining, and high-tech industries in Latin America and Asia. Author of multiple publications on Latin American energy policy, Mr. Levy has contributed to the discourse on energy and natural resource development in the region, offering insightful perspectives on energy policy and the pivotal role of sustainable development in poverty reduction. Mr. Levy has run regional oilfield and mining service companies with significant operations in Peru, and most recently was the CEO of Jaguar Exploration and Production, the largest private natural gas operator in Mexico, leading it from startup through to becoming the recognized leader in sustainable natural gas production. He managed the company through to the successful sale to a major Mexican conglomerate. The company further announces Mr. Antonios Maragakis' resignation from his position as a director but advise that he has accepted a position on the company's advisory board.
공지 • Jul 29Element79 Gold Corp., Annual General Meeting, Sep 23, 2024Element79 Gold Corp., Annual General Meeting, Sep 23, 2024.
공지 • Jul 04Element79 Gold Corp. announced that it expects to receive CAD 0.25 million in fundingElement79 Gold Corp. announced a non-brokered private placement of 1,086,956 units at a purchase price of CAD 0.23 per unit for the gross proceeds of CAD 249,999.88 on July 4, 2024. Each unit will be composed of one common share of the company and one common share purchase warrant. Each warrant will be exercisable for one common share at a price of CAD 0.35 per common share for four years from the date of issuance. In accordance with applicable Canadian securities laws, all securities issued pursuant to the financing will be subject to a statutory hold period of four months and one day from the date of issuance. The closing of the financing is subject to the approval of the Canadian Securities Exchange.
공지 • May 16Element79 Gold Corp Reports Exceptionally High-Grade Results from LuceroElement79 Gold Corp. reported additional assay results from underground sampling at its Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver (sample 2508). Key Highlights: Significant Mineral Endowment: A total of 455 samples underground channel samples have been collected from this latest phase, representing nearly 600 kg (620kg) of mineralization and 650 kg of wall rock, underwent comprehensive analysis by their partners at Ore Discovery and unveiled significant exploration potential. Notably, results in 115 samples returned substantial values in gold (Au) (ranging from 1.0 g/t to 98.1 g/t), silver (Ag) (ranging from 0.7 g/t to 3,026 g/t), lead (Pb) (as high as 2.0%) and zinc (Zn) (up to 3.5%), highlighting the robust potential of Lucero's mineral endowment. High-Grade Mineralization: Among these, 17 samples exhibited gold values surpassing 10 g/t, with 8 samples exceeding 20 g/t, and 51 samples boasting silver values exceeding 100 g/t Ag. Of particular significance are 15 high-grade samples with values ranging from 12.65g/t to an impressive 98.1g/t of Au, and remarkable silver values of 62.1 g/t to 3,026 g/t and up 3.24% Zn. These findings reaffirm the potential for exceptional high-grade mineralization. Geochemistry total Statistics: Total of 455 samples, 58% has grades over 0.1 g/t Au; 26% has grades over 1 g/t Au and 9% has grades over 5 g/t Au. Notably most of grades below 0.1 g/t Au correspond to wall rock (foot or hanging wall). Next Steps: With this latest exceptional assay data, Element79 is poised for strategic advancement. These results transcend routine exploration work, they are pivotal markers demonstrating the Lucero project's tangible promise and potential, serving as the bedrock for their forthcoming drill plans and resource estimation.
공지 • May 15Element79 Gold Corp. Appoints Warren Levy to Its Advisory BoardElement79 Gold Corp. announced the appointment of Mr. Warren Levy to its advisory board. With a wealth of experience in sustainability and natural resources operations, Mr. Levy brings a profound understanding of the challenges associated with the industry. His appointment highlights Element 79's commitment to strategic growth, with sustainability as a cornerstone of its operational excellence. Mr. Levy's career is marked by exceptional sustainability leadership, including several senior roles where he has left an indelible mark, notably in the energy and resources sector. Mr. Levy has guided multiple companies with foreign operations both as an advisor and board member, leveraging his expertise in sustainability, operational efficiency and capital raising while fostering positive relationships with local communities. Throughout his career, Mr. Levy has demonstrated a remarkable ability to cultivate high-performance teams across diverse cultural landscapes. His strategic guidance has propelled the expansion of numerous companies in sectors spanning petroleum, mining, and high-tech industries, particularly in Latin America and Asia. Author of multiple publications, Mr. Levy has contributed to the discourse on energy and natural resource development in Latin America, offering insightful perspectives on energy policy and the pivotal role of sustainable development in poverty reduction.
공지 • Apr 19Element79 Gold Corp. announced that it has received CAD 0.867735 million in fundingOn April 18, 2024, Element79 Gold Corp., closed the transaction. The company has issued 1,381,130 units and has raised CAD 317,660 in its third and final tranche closing. The transaction was oversubscribed. Now with a third closing the offering has raised an aggregate total of CAD 867,735.
공지 • Mar 12Element79 Gold Corp. announced that it expects to receive CAD 0.4 million in fundingElement79 Gold Corp. announced a non-brokered private placement of 1,739,130 units at a price of CAD 0.23 per unit for the gross proceeds of CAD 399,999.9 on March 11, 2024. Each unit will comprise one common share of the company and one common share purchase warrant. Each warrant will be exercisable for one common share at a price of CAD 0.35 per common share for two years from the date of issuance. In accordance with applicable Canadian securities laws, all securities issued pursuant to the financing will be subject to a statutory hold period of four months and one day from the date of issuance. The closing of the financing is subject to the approval of the Canadian Securities Exchange.
New Risk • Feb 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended May 2023. 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 Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Shareholders have been substantially diluted in the past year (156% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.85m market cap, or US$5.09m). Minor Risk Latest financial reports are more than 6 months old (reported May 2023 fiscal period end).
공지 • Dec 30Element79 Gold Corp. announced that it has received CAD 0.6 million in fundingOn December 29, 2023, Element79 Gold Corp., closed the transaction.
공지 • Dec 20Element79 Gold Corp. announced that it expects to receive CAD 0.6 million in fundingElement79 Gold Corp. announced a non-brokered private placement of up to 5,309,734 common shares at a price of CAD 0.113 per share for the gross proceeds of up to CAD 600,000 on December 19, 2023. In accordance with applicable Canadian securities laws, all securities issued pursuant to the private placement will be legended with a hold period of four months and one day from the date of issuance. The transaction is subject to the approval of the Canadian Securities Exchange. The securities of the Company referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended.
공지 • Nov 17Element79 Gold Corp. Announces Chief Operating Officer ChangesElement79 Gold Corp. announced a significant change in its leadership team: Antonios Maragakis, the company's Chief Operating Officer (COO) and Director, will be stepping down from his active role as COO due to other professional commitments but will continue to serve as a valued member of the Board of Directors. Kim Kirkland, currently VP Exploration, appointed as the new COO, effective November 15, 2023. Kim Kirkland brings extensive industry knowledge and operational expertise in both Nevada and Peru to lead the company's operations. Antonios Maragakis has been an integral part of Element79 Gold Corp.'s growth and success, playing a pivotal role in the company's operations and strategic direction since October 2021. Mr. Maragakis decision to step back from his active role as COO is driven by his new and evolving professional needs. His efforts at the Company have always included and been supported by the team at Mine+ Group. Element79 Gold Corp. is grateful for his invaluable contributions to the organization to date, and Mr. Maragakis will remain an essential member of Element79 Gold Corp.'s board, where his expertise and insights will continue to benefit the company. Replacing Mr. Maragakis as the new Chief Operating Officer (COO) is Kim Kirkland, currently serving as the company's Vice President of Exploration. Mr. Kirkland is a seasoned mining veteran with a track record spanning senior executive and lead engineering roles at some of the worlds biggest mining companies, with a core focus on operating mines in Nevada and Peru. Kim has been intimately involved in Element79 Golds project and strategic development processes since joining the Company in March 2022, making him the ideal candidate to lead Element79 Gold Corp.'s operations into the future. His extensive knowledge of its projects, commitment to safety, and dedication to sustainable practices align perfectly with the Companys corporate values. Kim will assume responsibility for overseeing the company's day-to-day operations, including the development and execution of exploration and mining activities, while ensuring the highest standards of safety and both environmental and community relations stewardship. His unique career experience in mining operations in both Nevada and Peru make him a key asset to and figure in Element79 Gold Corps project portfolio development in both of those regions.
New Risk • Nov 08New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% 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 (31% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.97m market cap, or US$1.43m).
Board Change • Oct 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Neil Pettigrew is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공지 • Sep 20Element79 Gold Corp. Appoints Tammy Gillis as New Chief Financial OfficerElement79 Gold Corp. announce a significant change in its leadership team. The Company has appointed Tammy Gillis as its new Chief Financial Officer (CFO), effective the beginning of the business day of September 18, 2023. Ms. Gillis brings a wealth of experience and expertise to the role, further strengthening Element79 Gold Corp.'s commitment to financial excellence and growth. Ms. Gillis is a CPA, CMA with over 20 years experience in the public markets bringing comprehensive background in finance, reporting and regulatory requirements for junior exploration, manufacturing, bio-technology, and technology industries. Ms. Gillis has been part of teams that have completed several financings, grant applications and acquisition transactions. Ms. Gillis started her career working at a corporate and securities law firm. Ms. Gillis previously served as Corporate Accountant for an international manufacturing company that had revenue in excess of $120 million and as Chief Financial Officer for a technology company with patented cathode materials used in lithium-ion batteries that successfully built a pilot plant with the assistant of over $4 million in government grants. Ms. Gillis has served as an officer for several TSX-V and CSE listed issuers. Ms. Gillis's appointment follows a thorough search process conducted by Element79 Gold Corp.'s board of directors, and she will be replacing Heidi Gutte, CGA, CPA, who has played a key role in the company's financial management during her tenure since the Companys pre-IPO days. Ms. Gutte has resigned from her former CFO as part of this leadership change, and will continue to support the Company in a consultancy role for the coming months to ensure a smooth transition through the Year End 2022/2023 audits.
공지 • Sep 09Element79 Gold Corp. announced that it has received CAD 0.145 million in fundingOn September 8, 2023, Element79 Gold Corp. closed the transaction. The company amended the terms of the deal and received CAD 145,000 in the transaction. The transaction was oversubscribed.
Board Change • Aug 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Neil Pettigrew is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
New Risk • Jul 30New 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$2.4m 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$2.4m free cash flow). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.40m market cap, or US$3.33m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change).
공지 • Jul 14Centra Mining Ltd. completed the acquisition of The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM).Centra Mining Ltd. entered into non-binding letters of intent to acquire The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM) for CAD 1 million on November 17, 2022. As on May 25, 2023, Centra mining entered into Asset Purchase Agreement to acquire The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM). Under the terms of the transaction, Centra Mining Ltd. will issue an aggregate of 2,500,000 common shares of Centra at a deemed price of CAD 0.40 per share. The transaction is subject to regulatory approval and is expected to close on or before June 30, 2023. Centra Mining Ltd. completed the acquisition of The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM) on July 13, 2023.
공지 • Jul 13Element79 Gold Corp. Appoints James Tworek to Board of DirectorsElement79 Gold Corp. announced the appointment of James C. Tworek, the Company's CEO, as a non-independent Director of the Company. In addition to his operational role as CEO, Mr. Tworek will now be in a more direct supportive role to work with the Board in strategic decision making and guidance. James has been the CEO of Element79 Gold Corp. since its pre-IPO era and has built his career holding positions as Director, Senior Management, Operational and Analytical roles in both public and private companies. As successful entrepreneur, his 25-year career started in banking in 1998 and he has garnered a wealth of experience across diverse industries between Commercial Banking, Mining, Oil and Gas, Project Finance, mezzanine debt, mortgage brokerage, Hemp/legal Cannabis, and Clean Water/Envirotech industries. His investing experience includes real estate, private mining, private equity, startup generation, tech, and agricultural ventures. A team leader, James built his career on successfully executing, developing and reaching corporate growth targets. His strong communication skills, honesty and integrity with investors and stakeholders make him an asset as a board member.
공지 • Jun 29Element79 Gold Corp. (CNSX:ELEM) submitted a winning bid to acquire Lucero del Sur 28.Element79 Gold Corp. (CNSX:ELEM) submitted a winning bid to acquire Lucero del Sur 28 on June 1, 2023. The bid is for the coveted area covering the Roxana vein and referred to as Lucero del Sur 28 located strategically just east of the high-grade Lucero gold-silver project.
공지 • May 06Element79 Gold Corp. announced that it expects to receive CAD 5 million in fundingElement79 Gold Corp. announced a non brokered private placement of unsecured convertible note units in the aggregate principal amount of up to CAD 500,000 on May 5, 2023.. Each unit shall consist of a CAD 1,000 unsecured convertible note and 10,000 non-transferrable full-common share purchase warrants. Each convertible note will be convertible into common shares of the company at a price of CAD 0.10 per share and any accrued but unpaid interest thereon will be convertible into shares at the price of CAD 0.10 per share. Each warrant will be exercisable into one common share of the company at an exercise price of CAD 0.20 for two years from issuance and are subject to an acceleration clause noting that in the event that the volume-weighted average price of the shares equals or exceeds CAD 0.30 per share on the Canadian Securities Exchange for 10 consecutive trading days after the date that is four months and one day from the closing date. The principal amount of the convertible note will bear interest at 15 per cent per annum, payable every six months from the closing date, in shares or cash, at the company's election with 60 days of notice. Any accrued but unpaid interest, will mature on the date that is two years following the closing date. The securities issued will be subject to a four-month-and-one-day hold period. The completion of the private placement and payment of any commission and fees remains subject to the receipt of all necessary approvals, including the approval of the exchange.
공지 • Jan 05Element79 Gold Corp. Announces Resignation of Konstantin Lichtenwald from Its BoardElement79 Gold Corp. announced that effective December 2, 2022, Mr. Konstantin Lichtenwald will be stepping down from the board. Mr. Lichtenwald has served as a member of the board of directors with the Company since its inception, and has assisted with various listing and strategic advisory services since then. Element79 Gold reported that he will remain engaged as an adviser to the board of directors.
공지 • Nov 18+ 1 more updateValdo Minerals Ltd. entered into a non-binding letter of intent to acquire North Mill Creek Project, Elder Creek Project and Elephant Project from Element79 Gold Corp. (CNSX:ELEM) for CAD 1.1 million.Valdo Minerals Ltd. entered into a non-binding letter of intent to acquire North Mill Creek Project, Elder Creek Project and Elephant Project from Element79 Gold Corp. (CNSX:ELEM) for CAD 1.1 million on November 17, 2022. Under the terms of the LOI, it is anticipated that Valdo would purchase all of Element79 Gold's interests and obligations in relation to North Mill Creek, Elder Creek, and Elephant for a total consideration of CAD 1.125 million payable by the issuance of an aggregate of 3,750,000 common shares of Centra. The LOI is non-binding and is subject to a 180-day exclusivity period.
Board Change • Nov 16High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Konstantin Lichtenwald is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Aug 31High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Konstantin Lichtenwald is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공지 • Jul 08Element79 Gold Corp. Appoints Shane Williams to Board of DirectorsElement79 Gold Corp. announces that it has appointed Mr. Shane Williams, Chief Operation Officer of Skeena Resources Limited, to its Board of Directors. Mr. Williams carries a history of significant value creation in both early-stage and operating companies, which includes senior executive and management roles overseeing and delivering world-class multi-billion-dollar projects at highly prominent companies. Mr. Williams completed his Master of Project Management degree at the University of Limerick in Ireland and his Bachelor of Engineering degree in Electrical Engineering at Technological University Dublin. He brings with him nearly 20 years of experience in senior management and executive roles where he has delivered significant value to well-known companies in the mining and resources sectors.
공지 • Jun 30Element79 Gold Corp. (CNSX:ELEM) completed the acquisition of Calipuy Resources Inc. for CAD 22 million.Element79 Gold Corp. (CNSX:ELEM) agreed to acquire all of the issued and outstanding securities of Calipuy and all of its assets and undertakings of Calipuy Resources Inc. for CAD 15 million on March 10, 2022. Under the terms of the LOI, Element79 will acquire all of the issued and outstanding securities of Calipuy and all of its assets and undertakings, subject to the completion of satisfactory due diligence, and the execution of a Definitive Agreement. On closing of the Transaction, Element79 Gold will issue common shares to Calipuy's shareholders having an aggregate deemed value of CAD 15 million at an issue price of CAD 1.07 per share. All share issuances will be paid in CAD denominated shares with the USD exchange rate to be specified in the Definitive Agreement. The directors of Calipuy will also be entitled to recommend two directors to the Element79 Gold board of directors, which will expand to 5 directors in total. The LOI was approved by the directors of the Company who are all arm’s length to Calipuy and any interested parties. Element79 Gold's Chief Executive Officer James Tworek is proud of its team's effort and look forward to continuing this work through to the logical end of completing a Definitive Agreement with Calipuy in the coming weeks, which would precipitate a closing on these assets before the end of Q3 2022". As on June 19, 2022 Element79 Gold Corp. entered into a definitive share purchase agreement for the acquisition of all of the issued and outstanding common shares of Calipuy Resources Inc. On closing of the Acquisition, the USD$15 million purchase price for the shares of Calipuy will be paid by the issuance on a pro rata basis to the shareholders of Calipuy of (i) an aggregate of 19,165,486 common shares of the Company at an issue price of CAD 1.00 per share (the 'Consideration Shares') and (ii) performance bonus warrants to acquire an aggregate of 3,833,085 common shares of the Company (the 'Performance Bonus Warrants'). Each Performance Bonus Warrant is exercisable into one common share of the Company at an exercise price of CAD 2.00 per share for a period of three years from Exercise Eligibility Date, subject to achievement of the Bonus Performance Target. The holders of the Performance Bonus Warrants will not have the right to exercise the Performance Bonus Warrants until projects carried out on the Properties have cumulatively reached a minimum production target of 9,000 tons of ore yielding a minimum of 1,500 oz Au within a 30 day production period. All issuances of Consideration Shares will be paid in CAD denominated shares at the agreed exchange rate of CAD 1.2777 to $1.00. An aggregate of 12,971,503 Consideration Shares and 2,594,298 Performance Bonus Warrants will be subject to a lock-up agreement, whereby 50% will be released from lock-up 6 months from Closing and the remaining 50% will be released 12 months from Closing. The balance of the consideration Shares, other than those held by U.S. persons, are not subject to any resale restrictions under applicable securities laws. Completion of the Acquisition is subject to various conditions precedent, certain third-party approvals, approval from Calipuy Shareholders, Element79 shall be satisfied that its due diligence, Calipuy shall terminate all Executive and Director Agreements and other standard conditions for a transaction of this type. Nafeesa Valli-Hasham of Clark Wilson LLP acted as legal advisor to Element79 Gold Corp. David W. Smalley of David Smalley Law Corp. acted as legal advisor to Calipuy Resources Inc. Element79 Gold Corp. (CNSX:ELEM) completed the acquisition of Calipuy Resources Inc. on June 29, 2022.
공지 • Jun 24Element79 Gold Corp. announced that it expects to receive CAD 2 million in fundingElement79 Gold Corp. a non-brokered private placement of up to 4,000,000 units at CAD 0.5 per unit for gross proceeds of CAD 2,000,000 on June 23, 2022. Each unit consists of one common share and one non transferable common share purchase warrant. . Each warrant is exercisable into one common share at a price of CAD 1 per share for a period of twenty-four months from the date of issuance, subject to acceleration. All securities issued pursuant to the Private Placement are subject to a statutory hold period expiring 4 months and one day from the date of issuance.
공지 • Jun 04Element79 Gold Reports Results of 2021 Dale Property Phase I Exploration ProgramElement79 Gold Corp. announced an update on the results of its 2021 Phase I Exploration Program on the Dale Property, located within the Swayze Greenstone belt of the Abitibi Subprovince. The Work Program, consisting of bedrock trenching and soil sampling, was designed to follow up on several prospecting samples taken by the vendor of the Dale Property which indicated the presence of elevated gold, and was completed over several weeks in the fall of 2021. Utilizing the high-resolution data obtained from the drone-based magnetic survey completed by Element79 Gold in 2021, the Work Program consisted of trenching, channel sampling, prospecting, mapping, and soil sampling, following up on historic prospecting by the vendors of the property which has yielded up to 3.8 g/t Au, including several highly anomalous samples grading greater than 0.1 g/t Au, with assay results pending. A total of 5 trenches were excavated, with a total of 83 rock samples and 49 soil samples which yielded results comparable to earlier reconnaissance prospecting, returning up to 2.6 g/t Au from Trench 3, the location of the highest gold assay provided by the vendor, and expanding the original outcrop, leading to a better understanding of the controls on mineralization. Five other grab samples returned > 0.2 g/t Au, with soil samples additionally returning anomalous values up to 54 ppb Au in 8 of 49 samples, suggesting soil sampling is an effective exploration tool on the Dale Property.
공지 • May 04Element79 Gold Corp. Appoints Antonios Maragakis to Board of DirectorsElement79 Gold Corp. announced the appointment of Antonios Maragakis as a director. Mr. Maragakis will also continue to serve as Chief Operating Officer of the Company. Mr. Maragakis will be increasing his management and advisement capacity for the Company in addition to his current role as Element79 Gold's COO.
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.
Recent Insider Transactions • Apr 05Director recently sold CA$53k worth of stockOn the 30th of March, Konstantin Lichtenwald sold around 52k shares on-market at roughly CA$1.02 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$125k. Insiders have been net sellers, collectively disposing of CA$293k more than they bought in the last 12 months.
Recent Insider Transactions • Mar 30Director recently sold CA$53k worth of stockOn the 24th of March, Konstantin Lichtenwald sold around 50k shares on-market at roughly CA$1.06 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$125k. Insiders have been net sellers, collectively disposing of CA$240k more than they bought in the last 12 months.
Recent Insider Transactions • Feb 24Director recently sold CA$64k worth of stockOn the 16th of February, Konstantin Lichtenwald sold around 55k shares on-market at roughly CA$1.16 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$62k more than they bought in the last 12 months.
공지 • Dec 19Element79 Gold Corp. (CNSX:ELEM) completed the acquisition of 1316524 B.C. Ltd.Element79 Gold Corp. (CNSX:ELEM) entered into a securities exchange agreement to acquire 1316524 B.C. Ltd. for CAD 2.2 million on October 4, 2021. Element79 Gold will pay CAD 0.3 million and 2,525,000 common shares. The transaction is subject to regulatory approval. As per the article on December 1, 2021, due to delays associated with Clover Nevada and MSMC obtaining outstanding consents required for the acquisition the Asset Purchase Agreement have been amended to provide the parties with additional time to complete the transactions contemplated thereunder. Element79 expects to complete the acquisition of Goldco on or around November 30, 2021. Element79 Gold expects to close the Transactions in December 2021. Element79 Gold Corp. (CNSX:ELEM) completed the acquisition of 1316524 B.C. Ltd. on December 17, 2021.
공지 • Sep 25Element79 Gold Corp. Begins Phase 1 Exploration Program on the Dale Gold Property in the Abitibi Subprovince, Ontario, CanadaElement79 Gold Corp. provided an update on its ongoing progress within the Abitibi Subprovince targeting bulk tonnage style gold mineralization at its Dale Gold Property in Ontario, Canada. Mobilization has begun for Phase 1, focused on following up on historic prospecting which has returned up to 3.82 g/t gold. Work Program Leadership and Team: A Long History of Mining. Element79 Gold is pleased to have the experienced leadership of its director, Mr. Neil Pettigrew, M.Sc, P.Geo., and his team at Fladgate Exploration Consulting Corporation ("Fladgate") managing the Phase 1 program on the Dale Gold Property. The Fladgate team has historically worked with clients such as Barrick Gold Corporation ("Barrick Gold") (NYSE listed) and Newmont Corporation ("Newmont") (NYSE listed) and several names which have gone on to be acquired including Goldcorp Inc. (acquired by Newmont), PC Gold Inc. (acquired by First Mining), and Placer Dome (acquired by Barrick Gold). Detailed Work Plan and Progress: The Element79 Gold team is utilizing both historical data and the earlier Spring 2021 drone-based magnetometer survey to focus reconnaissance mapping, prospecting, and soil sampling. In addition trenching and channel sampling will carried out on existing gold showings identified by the vendors of the property which have returned up to 3.82 g/t gold. The Company intends to pursue the Phase 2 work program (including 1,500m of diamond drilling) as recommended within the 43-101 Technical Report following favourable results from Phase 1. Surrounding Area Hosts Some of the World's Large Gold Deposits: The Dale Property is a highly prospective early-stage gold project located in the Swazye greenstone belt, which is turn is part of the Abitibi Subprovince which hosts some of the world's large gold deposits, e.g. the Timmins camp which has produced over 70 million ounces of gold. The Swazye greenstone belt is best known for hosting IamGold's Côté Lake deposit which contains 10.2 million ounces Measured and Indicated and 3.8 million ounces Inferred, and is located 50 km southeast of the Dale Property. The Côté Lake project received a Positive Construction Decision in July 2020 and plans to achieve commercial production in 2023. Strong Gold Market Outlook Presents Prime M&A Environment: Element79 Gold believes market conditions are ripe for value-driven gold acquisitions and is actively reviewing several advanced project acquisition opportunities. The Company expects to create significant additional value for its investors both immediately and over the long term as a result of its growing M&A pipeline. In fact, Goldman Sachs' latest research note forecast gold at USD 2000/oz in 3, 6, and 12-month horizons.
공지 • Aug 26Element79 Gold Corp. (CNSX:ELEM) signed a binding Letter of Intent to acquire Plutus Gold Corp. for CAD 5.8 million.Element79 Gold Corp. (CNSX:ELEM) signed a binding Letter of Intent to acquire Plutus Gold Corp. for CAD 5.8 million on August 25, 2021. As a part of the consideration, CAD 0.2 million cash and 8 million common shares will be issued. The parties to use best efforts to negotiate and execute a definitive agreement. The LOI carries exclusivity until October 31, 2021.