공지 • May 02
Astra Exploration Inc. announced that it has received CAD 13.00068 million in funding On April 30, 2026, Astra Exploration Inc. closed the transaction. The company issued 19,482,000 common shares at a price of CAD 0.77 per Share for aggregate gross proceeds of CAD 15,001,140, including the full exercise of the underwriters’ option. The company issued 16,884,000 common shares for gross proceeds of CAD 13,000,680 under the offering and issued additional 2,598,000 shares for gross proceeds of CAD 2,000,460 as part of exercised overallotment. In consideration of the services rendered by the Underwriters in connection with the Offering, on closing the Company paid to the Underwriters a cash commission equal to 6% of the gross proceeds of the Offering, subject to a reduction to 3% for orders on the president’s list. In addition, the Company paid a finder’s fee of 6% cash to an eligible finder in connection with subscriptions from certain purchasers introduced to the Company by such finder. Michael Gentile, an existing shareholder and insider of the Company, participated in the Offering and acquired 324,700 Shares for gross proceeds of CAD 250,019. The Offering remains subject to final approval of the TSX Venture Exchange. 공지 • Apr 23
Astra Exploration Inc. announced that it expects to receive CAD 13.00068 million in funding Astra Exploration Inc. has announced that it has entered into an agreement with ATB Capital Markets Inc. in connection with a bought deal private placement to issue 12,988,000 common shares at a price of CAD 0.77 per share for aggregate gross proceeds of CAD 10,000,760 on April 22, 2026. The company has granted the underwriters an option, exercisable in whole or in part at any time prior to closing date, to purchase an additional 1,948,200 shares at the issue price for additional gross proceeds of up to CAD 1,500,114. The shares will not be subject to a hold period in Canada. The offering is expected to close on or about April 30, 2026. The completion of the offering is subject to customary conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The company is conducting offering to purchasers in Canada. The underwriters will also be entitled to offer the shares for sale in the United States pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933, as amended.
On the same date, the company announced that now it will issue 16,884,000 common shares at a price of CAD 0.77 per share for aggregate gross proceeds of CAD 13,000,680. The company has granted the underwriters an option, exercisable in whole or in part at any time prior to closing date, to purchase an additional 2,598,000 shares at the issue price for additional gross proceeds of up to CAD 2,000,460.The aggregate gross proceeds from the offering (assuming full exercise of the underwriters' option) are expected to be CAD 15,001,140. New Risk • Feb 24
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$5.9m 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$5.9m free cash flow). Earnings have declined by 3.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$70.2m market cap, or US$51.2m). 공지 • Oct 14
Astra Exploration Inc., Annual General Meeting, Dec 10, 2025 Astra Exploration Inc., Annual General Meeting, Dec 10, 2025. 공지 • Oct 02
Astra Exploration Inc. announced that it expects to receive CAD 5.0003 million in funding Astra Exploration Inc. announced that it has entered into an agreement with Cormark Securities Inc., on behalf of itself and on behalf of a syndicate investment dealers, pursuant to which the underwriters have agreed to purchase, on a bought deal private placement basis, 8,065,000 shares of the company at a price of CAD 0.62 per share for aggregate gross proceeds of CAD 5,000,300 on October 1, 2025. The company has granted the underwriters an option, exercisable in whole or in part, at any time prior to closing date to purchase an additional 3,226,000 shares at the issue price for additional gross proceeds of up to CAD 2,000,120. The offering is expected to close on or about October 8, 2025, or on such other date as may be agreed to by the company and the underwriters, subject to compliance with applicable securities laws. Notwithstanding the foregoing, the closing of the offering must occur no later than the 45th day following the date of this news release. The company has agreed to pay to the underwriters a cash commission equal to 6% of the gross proceeds of the offering, subject to a reduction to 3% for orders on a president list. The completion of the offering is subject to customary conditions, including, but not limited to, the receipt of all necessary approvals, inclusive of the approval of the TSX Venture Exchange. The transaction will include participation from new investor MICHAEL GENTILE AND KEY SHAREHOLDERS. 공지 • May 16
Astra Exploration Inc. announced that it has received CAD 1 million in funding On May 15, 2025, Astra Exploration Inc., closed the transaction. The company issued 5,000,000 common shares at a price of CAD 0.20 per share for the gross proceeds of CAD 1,000,000. The company also paid finder’s fees in connection with a portion of the Offering to an eligible finder,
consisting of a cash fee of CAD 2,400. Insiders of the company subscribed for an aggregate of 482,504 Shares for gross proceeds of CAD 96,500.80 under the offering.