New Risk • Apr 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 23% 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 (23% average weekly change). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.53m market cap, or US$3.29m). 공지 • Apr 10
Mexican Gold Mining Corp. (TSXV:MEX) entered into an arrangement agreement to acquire Alcon Silver Corp. for CAD 7.9 million. Mexican Gold Mining Corp. (TSXV:MEX) entered into an arrangement agreement to acquire Alcon Silver Corp. for CAD 7.9 million on April 8, 2026. Under the terms of the Arrangement Agreement, Alcon shareholders will receive one post-consolidated share of Mexican Gold (see below for details regarding the proposed consolidation) for each Company Share held such that, following the effective time of the Arrangement (the “Effective Time”), the former Alcon shareholders will hold approximately 61% of the issued and outstanding common shares of Mexican Gold (the “Purchaser Shares”) on a non-diluted basis. In connection with the Arrangement, Mexican Gold will complete a consolidation of the outstanding Purchaser Shares on a 1.6667-for-one basis (the “Consolidation”). Mexican Gold will also change its name to Platauro Metals Corp. as mutually agreed upon by the parties (the “Name Change”). In connection with the Arrangement, Mexican Gold intends to complete a non-brokered private placement of subscription receipts convertible into units of Mexican Gold for gross proceeds of up to CAD 2 million, or such other amount as may be mutually agreed by the parties, to be completed prior to the Effective Date (the “Concurrent Financing”). Prior to or concurrently with the Effective Time, all outstanding unsecured convertible debentures of Alcon, issued pursuant to a non-brokered private placement of such debentures for gross proceeds of up to CAD 242,650 and bearing interest at 12% per annum, will be automatically converted into Company Shares at a price of CAD 0.25 per share.
Upon completion of the Arrangement, it is anticipated that management of the combined company will remain unchanged and the board of directors of the combined company shall consist of the following
individuals: Jack Campbell, Director; John Larson, Director; Bruce Winfield, Director; and Nathan Lavertu, Director. Advisory Board includes Collin Kettell, Advisor; Robert S. Tyson, Advisor; and Darrell Rader, Advisor.
Completion of the Arrangement is subject to a number of conditions, including, among other items, receipt of all required shareholder, regulatory and third-party consents, including approval of the Arrangement by the TSX Venture Exchange (the “TSXV”). The Arrangement will be effected by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). The Arrangement will require the approval of not less than 66?% of the votes cast by the holders of Company Shares at a special meeting of Alcon shareholders. In addition to shareholder and court approvals, the Arrangement is subject to conditional approval of the TSXV for the listing and posting for trading of the Consideration Shares, and the satisfaction of certain other customary closing conditions. The board of directors of Alcon (the “Alcon Board”), after consultation with its financial and legal advisors and upon receipt of a fairness opinion from the Company's independent financial advisor, has unanimously determined that the Arrangement is fair to the holders of Company Shares and that the Arrangement is in the best interests of Alcon. The Alcon Board has unanimously resolved to recommend that Alcon shareholders vote in favour of the Arrangement Resolution. New Risk • Nov 30
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$95k 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 Share price has been highly volatile over the past 3 months (39% average weekly change). Negative equity (-CA$95k). Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.56m market cap, or US$3.27m). New Risk • Nov 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 66% 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 (39% average weekly change). Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.23m market cap, or US$3.01m). New Risk • Nov 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (40% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.52m market cap, or US$1.80m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). 공지 • Oct 07
Mexican Gold Mining Corp. announced that it expects to receive CAD 0.85 million in funding Mexican Gold Mining Corp. announces a non-brokered private placement to issue 10,000,000 units at a price of CAD 0.085 per unit for gross proceeds of CAD 850,000 on October 6, 2025. Each Unit consists of one common share of the Company and 1 transferable common share purchase warrant, whereby each Warrant shall entitle the holder thereof to purchase an additional Share at an exercise price of CAD 0.12 for a period of 3 years from the date of issuance. The Company may pay finders fees to eligible finders in connection with the Offering in accordance with the policies of the TSX Venture Exchange. All securities to be issued and issuable pursuant to the Offering will be subject to a hold period of four months from the date of issuance in accordance with applicable Canadian securities laws.