공시 • Feb 03
Global Tactical Metals Corp. (CNSX:MONI) entered into a definitive Share Exchange Agreement acquire New Britain Antimony Project. Global Tactical Metals Corp. (CNSX:MONI) entered into a definitive Share Exchange Agreement to acquire New Britain Antimony Project on January 29, 2026. The consideration consists of 25 million common equity of Global Tactical Metals Corp. to be issued for assets of New Britain Antimony Project, at a deemed price of $0.02 per Consideration Share.
The closing of the transaction is subject to customary closing conditions and corporate and regulatory approvals, including approval by the Canadian Securities Exchange (CSE). New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$579k 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$579k free cash flow). Share price has been highly volatile over the past 3 months (62% average weekly change). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.00m market cap, or US$728.9k). New Risk • Feb 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% 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 (24% average weekly change). Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.17m market cap, or US$2.22m). 공시 • Nov 29
Cumberland Resources Nickel Corp. announced that it has received CAD 0.749919 million in funding On November 28, 2024, Cumberland Resources Nickel Corp. closed the transaction. The company announced that it has issued 24,997,315 units at a price of CAD 0.03 per unit for the gross proceeds of CAD 749,919.45. Each Unit will consist of one common share of the Company and one half of one Common Share purchase warrant Each Warrant entitles the holder to acquire one additional Common Share at an exercise price of CAD 0.05 for a period of 12 months following the closing of the Life Offering. In connection the LIFE offering, the company paid an aggregate of CAD 40,944.36; and issued an aggregate of 1,364,812 non-transferable finder units to eligible finders. Each finder unit entitles the holder to acquire on unit at an exercise price of CAD 0.03 for a period of 12 months. 공시 • Nov 13
Cumberland Resources Nickel Corp. announced that it expects to receive CAD 0.75 million in funding Cumberland Resources Nickel Corp. announced a non-brokered private placement of a minimum of 15,000,000 units of the Company and a maximum of 25,000,000 Units at a price of CAD 0.03 per Unit for aggregate gross proceeds of a minimum of CAD 450,000 and a maximum of CAD 750,000 on November 12, 2024. Each Unit will consist of one common share of the Company and one half of one Common Share purchase warrant Each Warrant entitles the holder to acquire one additional Common Share at an exercise price of CAD 0.05 for a period of 12 months following the closing of the Life Offering. The Company may compensate certain eligible finders and pay a cash commission of up to 7% of the gross proceeds raised in respect of the LIFE Offering from subscribers introduced by the eligible finder and issue such number of finder's warrants equal to 7% of the total number of Units sold under the LIFE Offering to subscribers introduced by the eligible. The LIFE Offering may be completed in multiple closings, with the final closing to occur no later than December 20, 2024. The securities issued pursuant to the LIFE Offering will not be subject to any statutory hold period in accordance with applicable Canadian securities laws. Board Change • Oct 18
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Erin Wilson is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Jul 25
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Binyomin Posen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Binyomin Posen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Binyomin Posen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 14
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Binyomin Posen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Binyomin Posen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Binyomin Posen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Binyomin Posen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Binyomin Posen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • May 04
Cumberland Resources Nickel Corp. (CNSX:LAND) acquired Indigo Mineral Leases. Cumberland Resources Nickel Corp. (CNSX:LAND) agreed to acquire Indigo Mineral Leases on April 27, 2023. The consideration comprises of cash consideration of CAD 0.2 million and Cumberland Resources will issue the Vendor, or as the Vendor directs, 30,000,000 common shares of the Company.Cumberland Resources Nickel Corp. (CNSX:LAND) acquired Indigo Mineral Leases on May 2, 2023. Board Change • Dec 31
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Binyomin Posen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.