New Risk • May 05
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$254k 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$254k free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-CA$971k). Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (110% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€1.73m market cap, or US$2.02m). New Risk • Nov 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 110% 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 (104% average daily change). Negative equity (-CA$1.2m). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (110% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€1.49m market cap, or US$1.71m). 공시 • Oct 31
Northern Uranium Corp. announced that it has received CAD 0.57 million in funding On October 30, 2025, Northern Uranium Corp. closed the transaction. The company announced that it has issued 6,666,661 units at CAD 0.075 per unit for proceeds of CAD 499,999.575. Each unit is comprised of one common share and one one-year transferable warrant with each warrant entitling the holder to purchase one additional share at a price of CAD 0.10 per share. CAD 70,000 was issued on a flow through basis. The flow-through shares comprising the 933,333 flow-through units and 933,333 flow through shares issuable upon exercise of the warrants comprising the flow-through units will entitle holders to receive tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada). The financing terms have been accepted for filing by the TSX Venture Exchange. The units are restricted from trading until March 1, 2026. A cash finder’s fee of 6%, totaling CAD 27,600, representing 6% of the gross proceeds from a portion of the financing, will be paid to T-Bone Ventures Inc., in accordance with TSX Venture Exchange policies. 공시 • Sep 17
Northern Uranium Corp. announced that it expects to receive CAD 0.5 million in funding Northern Uranium Corp. announced a non-brokered private placement offering of 6,666,666 units at an issue price of CAD 0.075 per unit for gross proceeds of CAD 499,999.95 on September 16, 2025. Each unit consists of one common share and one transferable warrant, with each such warrant entitling the holder to purchase one additional share at a price of CAD 0.10 per share for one year. A portion of the private placement will be on a flow-through basis. A finder's fee is payable on a portion of the private placement. The financing is subject to acceptance for filing by the TSX Venture Exchange. Board Change • Sep 16
Insufficient new directors 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. Independent Director Aaron Triplett was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 02
New major risk - Revenue and earnings growth Earnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$1.1m). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€521.0k market cap, or US$591.5k). Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). 공시 • May 08
Northern Uranium Corp. announced that it expects to receive CAD 0.5 million in funding Northern Uranium Corp. announced a non-brokered private placement that it will issue up to 5,555,555 units in the capital of the Company at a price of CAD 0.09 per unit for the gross proceeds of up to CAD 500,000 on May 7, 2025. Each unit will consist of one common share and one transferable warrant, each such warrant entitling the holder to purchase one additional share at a price of CAD 0.12 per share for one year. A finder’s fee may be payable on a portion of the private placement. The financing is subject to acceptance for filing by the TSX Venture Exchange. New Risk • May 05
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 German stocks, typically moving 13% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$38k free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-CA$1.0m). Revenue is less than US$1m. Market cap is less than US$10m (€498.5k market cap, or US$564.2k). 공시 • May 01
Northern Uranium Corp., Annual General Meeting, Jun 26, 2025 Northern Uranium Corp., Annual General Meeting, Jun 26, 2025. Location: british columbia, vancouver Canada New Risk • Dec 19
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 German stocks, typically moving 13% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$38k free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-CA$1.0m). Revenue is less than US$1m. Market cap is less than US$10m (€523.4k market cap, or US$542.4k). 공시 • Oct 21
Northern Uranium Corp., Annual General Meeting, Dec 17, 2024 Northern Uranium Corp., Annual General Meeting, Dec 17, 2024. Location: british columbia, vancouver Canada 공시 • Oct 20
Northern Uranium Corp., Annual General Meeting, Dec 21, 2023 Northern Uranium Corp., Annual General Meeting, Dec 21, 2023. Board Change • Nov 16
No independent directors There are 4 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: 4 new directors. No experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). CEO, President & Director Chad Ulansky is the most experienced director on the board, commencing their role in 2014. 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 • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director David Cowan was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.