Board Change • May 20
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. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Layton Croft was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Jun 04
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$908k 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$908k free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Negative equity (-CA$593k). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€1.12m market cap, or US$1.21m). Minor Risk Shareholders have been diluted in the past year (6.2% increase in shares outstanding). 공시 • Jan 16
Voltage Metals Corp. announced that it has received CAD 0.5 million in funding On January 16, 2024, Voltage Metals Corp. closed the transaction. The company issued unsecured convertible promissory notes in an aggregate principal amount of up to CAD 500,000. New Risk • Nov 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$1.1m 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$1.1m free cash flow). Share price has been highly volatile over the past 3 months (94% average weekly change). Negative equity (-CA$188k). Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€741.9k market cap, or US$813.8k). Minor Risk Shareholders have been diluted in the past year (34% increase in shares outstanding). Board Change • Sep 22
Less than half of directors are independent There are 4 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: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). President, CEO & Director Bob Bresee is the most experienced director on the board, commencing their role in 2021. Independent Director Layton Croft was the last independent director to join the board, commencing their role in 2022. 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 • Sep 20
Voltage Metals Corp. announced that it has received CAD 0.15519 million in funding On September 19, 2023, Voltage Metals Corp. closed the transaction. The company has now issued 5,173,000 common shares at a price of CAD 0.03 per share for the gross proceeds of CAD 155,190. The company has paid eligible finders a cash commission equal to 3% of the gross proceeds of subscriptions facilitated by such finders. All securities issued as described above will be subject to a four month hold period in accordance with applicable Canadian securities laws. 공시 • Sep 08
Voltage Metals Corp. announced that it expects to receive CAD 0.2 million in funding Voltage Metals Corp. announced a non-brokered private placement to issue 6,666,667 common shares at a price of CAD 0.03 per share to raise gross proceeds of up to CAD 200,000.01 on September 6, 2023. The Company may pay a finder's fee to certain finders of up to 3% of the aggregate gross proceeds of subscriptions facilitated by such finders.