New Risk • Apr 20
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$123k 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$123k free cash flow). Share price has been highly volatile over the past 3 months (42% average weekly change). Negative equity (-CA$846k). Earnings have declined by 0.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.36m market cap, or US$993.0k). 공시 • Aug 14
Global Copper Corp., Annual General Meeting, Oct 08, 2025 Global Copper Corp., Annual General Meeting, Oct 08, 2025. Board Change • Jun 18
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Bob Metcalfe is the most experienced director on the board, commencing their role in 2023. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • May 28
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Bob Metcalfe is the most experienced director on the board, commencing their role in 2023. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. New Risk • May 08
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$117k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$155k free cash flow). Shares are highly illiquid. Negative equity (-CA$117k). Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$906.5k market cap, or US$655.4k). Board Change • May 02
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Bob Metcalfe is the most experienced director on the board, commencing their role in 2023. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Mar 21
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Bob Metcalfe is the most experienced director on the board, commencing their role in 2023. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Jan 10
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Bob Metcalfe is the most experienced director on the board, commencing their role in 2023. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. 공시 • Jun 25
Li3 Lithium Corp., Annual General Meeting, Aug 22, 2024 Li3 Lithium Corp., Annual General Meeting, Aug 22, 2024. Board Change • May 07
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. Director Bob Metcalfe was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 27
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$1.4m 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$1.4m free cash flow). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$826.5k market cap, or US$608.2k). Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding). 공시 • Nov 24
Li3 Lithium Corp. announced that it has received CAD 0.17 million in funding On November 23, 2023, Li3 Lithium Corp. closed the transaction. The company issued 3,400,000 units at an issue price of CAD 0.05 per Unit for the gross proceeds of CAD 170,000. Each Unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one Common Share for CAD 0.10 at any time within 18 months after closing. All securities issued pursuant to the Private Placement will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange. The transaction included participation from certain insiders for CAD 30,000 for 600,000 Units in the Private Placement on the same basis as other participants 공시 • Oct 26
Li3 Lithium Corp. Appoints Robert Metcalfe LL.B. to Board of Directors Li3 Lithium Corp. announced the appointment of Robert Metcalfe LL.B., to the Company's Board of Directors (the "Board"), effectively immediately. Mr. Metcalfe was a senior partner with the law firm Lang Michener LLP for 20 years. He is the former Chief Executive Officer and President of Armadale Properties and Counsel to all Armadale Group of Companies, with significant holdings across numerous industries including finance, commercial construction, and land development. Mr. Metcalfe was a director of Canada Lands Company Ltd., one of the largest real estate corporations in Canada, and was a director and Chairman of the Board of the CN Tower Ltd. Mr. Metcalfe also served as a director of numerous public and private corporations including Gran Colombia Gold (Lead Director), Medoro Resources (Chairman), Petro Magdalena (oil and gas) and currently serves as a directorof publicly listed companies Blue Star Gold, BetterLife Pharma Ltd. (Chairman), Pasofino Gold, Orvana Minerals Corp. (Chairman) and Strategic Minerals Europe. As director and shareholder, Mr. Metcalfe has been engaged in numerous acquisitions, divestitures, corporate reorganizations and financings, as well as serving on numerous Special Committees across many sectors. He completed the Corporate Directors course and is a member in good standing of the Law Society of Ontario. 공시 • Oct 11
Li3 Lithium Corp. announced that it expects to receive CAD 0.25 million in funding Li3 Lithium Corp. announced a non-brokered private placement of up to 5,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 250,000 on October 10, 2023. Each unit comprised of one common share and one warrant. Each warrant will entitle the holder to purchase one common share for CAD 0.10 at any time within 18 months after closing. All securities issued pursuant to this transaction will be subject to a four month hold period. The completion of the transaction is subject to receipt of all required regulatory and TSX Venture Exchange approvals. The closing is expected to occur on or around October 31, 2023. 공시 • Aug 12
Li3 Lithium Uncovers 1.2 Km Mineralized Pegmatite Body at the Mutare Lithium Project in Zimbabwe Li3 Lithium Corp. announced that it has identified lithium mineralization over 1.2 kilometer strike at the Nels Luck pegmatite target from its ongoing exploration program at the Mutare Lithium Project, located in Zimbabwe. Li3 Lithium holds a 50% operating ownership interest in the Mutare Lithium Project, with the remaining 50% owned by Premier African Minerals Limited, operator of the Zulu Lithium and Tantalum Mine in Zimbabwe. The Company has received assay results from 842 channel samples collected from trenches during the initial phase of the 2023 exploration program. The trenching program, currently focused on the Nels Luck area, which is situated in the Mutare Greenstone Belt (‘MGB’) East zone, is expected to assist in identifying priority targets for the upcoming 5,000-meter exploration drilling program scheduled to start in the coming weeks. 2,349m of trenches uncovered a 1.2 km long and up to 60m wide pegmatite(s) at Nels Luck 842 samples taken from the trenches were sent for analysis in June and July Highly anomalous results across the pegmatite including 36 m of 0.37% (3692ppm) Li2O The trenching program consisted of 25 trenches for a total of 2,349m. A total of 598m of pegmatite was intersected in the trenches. The Nels Luck claims hosts a group of lepidolite, spodumene, and tantalite, bearing lithium-cesium- tantalum pegmatites with an approximate surface expression of 1,200 meters by up to 100m. The Nels Luck group of claims is situated approximately 15 km northeast in the same stratigraphic package, on the southern limb of a regional syncline, that hosts the Sabi Star Lithium Tantalum Mine. New Risk • Jul 29
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$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.6m free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.17m market cap, or US$3.15m). 공시 • Jan 17
Li3 Lithium Corp. announced that it has received CAD 0.2 million in funding On January 16, 2023, Li3 Lithium Corp. closed the transaction. 공시 • Dec 22
Li3 Lithium Corp. Completes Earn-In on Zimbabwe Lithium Project Li3 Lithium Corp. announced that Li3 Resources Inc., has earned a 50% interest in the Mutare Lithium Project located in Zimbabwe, by funding $250,000 of initial exploration work on the property. Li3 Resources had until December 31, 2022, to complete the Spend to exercise its option to acquire the 50% interest in the Mutare Lithium Project. The exploration program completed under the Spend included surface rock-soil sampling and a geochemical survey to assist in identifying priority areas for a 5,000-metre exploration drilling program. Exploration drilling on the Mutare Lithium Project is scheduled to commence in the 1st quarter of 2023, toward completing an initial mineral resource estimate as defined in National Instrument 43-101 Respecting Standards of Disclosure for Mineral Projects. Mutare Lithium Project, Zimbabwe The Mutare Lithium Project consists of 1,500 hectares of licences retained within the Mutare Greenstone Belt. The area was deemed prospective for lithium-cesium-tantalum pegmatites based on prior target generation work. Management believes the lithium exploration potential of the Mutare Greenstone Belt is analogous to that of the Pilbara Craton pegmatites in Western Australia. Zimbabwe, which is estimated to hold Africa's larger lithium resources and the fifth larger globally, is rapidly emerging as an important player within the lithium supply chain. Over the past year, major Chinese battery metals companies have committed approximately $1.4 billion to acquire and develop lithium projects in Zimbabwe. The Mutare Lithium Project is located approximately 30 kilometres from the Sabi Star Lithium Tantalum Mine in eastern Zimbabwe's lithium district. In November 2021, Chengxin Lithium Group acquired a 51% ownership interest in the Sabi Star Lithium Tantalum Mine for $76.5 million. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Rex Loesby was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Nov 05
Li3 Lithium Corp. announced that it has received CAD 1.605 million in funding On November 4, 2022, Li3 Lithium Corp. closed the transaction. The company issued 16,050,000 units for gross proceeds of CAD 1,605,000. The securities issued are subject to a hold period of four months plus a day from closing. 공시 • Oct 23
Li3 Lithium Corp. announced that it expects to receive CAD 2 million in funding Li3 Lithium Corp. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.10 per unit for gross proceeds of up to CAD 2,000,000 on October 21, 2022. Each unit consists of one common share and one half of one warrant. Each whole warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.20 per share at any time within 2 years after closing. All securities to be issued in the transaction will be subject to a 4 month hold period. The transaction is subject to receipt of all required regulatory and TSX Venture Exchange approvals. The transaction is expected to close on or around November 4, 2022. Board Change • Oct 11
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Rex Loesby was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 09
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Rex Loesby was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Rex Loesby was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 09
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Rex Loesby was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Dec 23
Western Troy Capital Resources Inc. announced that it has received CAD 0.525 million in funding On December 22, 2021, Western Troy Capital Resources Inc. closed the transaction. 공시 • Nov 24
Western Troy Capital Resources Inc. announced that it expects to receive CAD 0.525 million in funding Western Troy Capital Resources Inc. announced a non-brokered private placement of up to 4,200,000 units at a price of CAD 0.125 per unit for gross proceeds of up to CAD 525,000 on November 23, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 0.2 per share for a period of one year from the date of closing. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange. The securities are being subject to four months hold period. The transaction is expected to close on or about December 15, 2021. 공시 • Sep 15
Western Troy Capital Resources Inc. announced that it expects to receive CAD 0.135875 million in funding Western Troy Capital Resources Inc. announced a non-brokered private placement of up to 905,833 units at a price of CAD 0.15 per unit for gross proceeds of up to CAD 135,874.95 on September 13, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 0.2 per share for a period of one year from the date of closing. The transaction is subject to approval from regulatory and NEX approval. The securities are being subject to four months hold period. The transaction is expected to close in September 2021. 공시 • Jun 23
Western Troy Capital Resources Inc. announced that it expects to receive CAD 0.5 million in funding Western Troy Capital Resources Inc. (TSXV:WRY.H) announced a non-brokered private placement to issue up to 3,333,333 units at a price of CAD 0.15 per unit for gross proceeds of up to CAD 499,999.95 on June 21, 2021. Each unit comprised of one common share and one warrant. Each warrant will entitle the holder to purchase one common share for CAD 0.20 at any time within 12 months after closing. All securities issued pursuant to this private placement will be subject to a four month hold period. The transaction is expected to close after July 10, 2021. The transaction is subject to all required regulatory and NEX approvals. 공시 • Jul 17
Western Troy Capital Resources Inc. announced that it has received CAD 0.5 million in funding On July 10, 2020, Western Troy Capital Resources Inc. (TSXV:WRY.H) closed the transaction. 