Board Change • Dec 30
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. 6 experienced directors. No highly experienced directors. President & Director Robert Pryde was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공지 • Nov 11
Route 109 Resources Inc., Annual General Meeting, Dec 29, 2025 Route 109 Resources Inc., Annual General Meeting, Dec 29, 2025. Board Change • Aug 18
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. 6 experienced directors. No highly experienced directors. President & Director Robert Pryde was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공지 • May 29
Route 109 Resources Inc. Intersects 5.05 M at 1.03% Copper, 1.28 g/t Gold, 4947 Pp Molibdenum and 6.58 g/t Silver at Dunlop Bay Route 109 Resources Inc. announced the intersection of 5.05 m of semi-massive to disseminated sulfides returning 1.03% Cu, 1.28 g/t Au, 4947 ppm Mo and 6.58 g/t Ag from 55.10 to 60.15 m in drill hole BD-25-37 located on its Dunlop Bay West showing, in Quebec, Canada. These intersections confirm the strong potential for the property to have a copper-gold-molybdenum-silver mineralized system which is atypical for the Matagami Camp. At Dunlop Bay West: Twelve short drill holes ranging between 75 and 270 m were drilled for a total of 1,671 m. Three of the most significant results are presented below: BD-25-37 returned 5.05 m at 1.03% Cu, 1.28 g/t Au, 4,947 ppm Mo and 6.58 g/t Ag from 55.10 to 60.15 m followed by 2.75 m at 0.57% Cu, 0.96 g/t Au, 671 ppm Mo and 5.66 g/t Ag from 66.15 to 68.90 m. BD-25-38 returned 2.15 m at 1.92% Cu, 1.36 g/t Au, 551 ppm Mo and 11.58 g/t Ag. BD-25-39 returned 6.00 m at 0.41% Cu, 0.41 g/t Au, 137 ppm Mo and 5.55 g/t Ag. At Dunlop Bay North: Five holes were drilled into a new VMS discovery which will be designated as the "Clairet" Zone, a Pb-Zn-Ag mineralized zone. Two further holes were drilled at Dunlop Bay North eastern area for a total of 842 m. Best results a presented below: BD-25-27 returned 5.55 m at 1.83% Zn, 0.27% Pb, 2.69 g/t Ag. BD-25-28 returned 1.85 m at 2.29% Zn, 0.57 % Pb, 2.87 g/t Ag. Board Change • Dec 30
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. 6 experienced directors. No highly experienced directors. President & Director Robert Pryde was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공지 • Sep 03
BMEX Gold Inc., Annual General Meeting, Oct 31, 2024 BMEX Gold Inc., Annual General Meeting, Oct 31, 2024. Location: british columbia, vancouver Canada Board Change • Sep 01
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. 8 experienced directors. No highly experienced directors. President & Director Robert Pryde was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공지 • Aug 08
BMEX Gold Inc. announced that it has received CAD 1.201244 million in funding On August 6, 2024, BMEX gold Inc., closed the transaction. The company issued 2,998,3000 non-flow through units at a price of CAD 0.15 per non-flow through unit for gross proceeds of CAD 449,745 and 5,009,996 flow-through units at a price of CAD 0.15 per flow-through unit for gross proceeds of CAD 751,499 for the total gross proceeds of CAD 1,201,244 . Each NFT unit and each FT unit consist of one common share and one full common share purchase warrant, with each Warrant entitling the holder thereof to acquire one additional Common Share at a price of CAD 0.20 per share until August 2, 2026. The Company paid aggregate cash finder's fees of CAD 51,359.68 to certain finders. New Risk • Aug 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 118% 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 (47% average weekly change). Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€1.66m market cap, or US$1.81m). 공지 • Jul 27
BMEX Gold Inc. announced that it expects to receive CAD 1.3 million in funding BMEX Gold Inc. announced a non-brokered private placement financing of units for minimum gross proceeds of CAD 300,000, and maximum gross proceeds of CAD 1,300,000 on July 26, 2024. The offering consists of 2,000,000 non-flow-through units at a price of CAD 0.15 per non-flow-through Unit for minimum gross proceeds CAD 300,000 and maximum up to 6,666,667 units at a price of CAD 0.15 per CAD 1,000,000.05, which will consist of a mix of flow-through units and NFT Units. The Offering is scheduled to close on or about August 2, 2024. In consideration for services provided with respect to the Offering, the Company may pay cash finder's fees of up to 6% of the gross proceeds of the Offering. The transaction is Subject to compliance with applicable regulatory requirements. The Offering is subject to certain conditions including the receipt of all necessary approvals, including the approval of the TSX Venture (TSXV) Exchange. New Risk • May 01
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$545k 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$545k free cash flow). Share price has been highly volatile over the past 3 months (85% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€1.46m market cap, or US$1.56m). Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding). 공지 • Dec 15
BMEX Gold Inc. announced that it expects to receive CAD 0.9 million in funding BMEX Gold Inc. announced a non brokered private placement to issue 35,000,000 flow-through units at an issue price of CAD 0.20 per unit for the gross proceeds of CAD 700,000 and 10,000,000 non-flow-through units at an issue price of CAD 0.02 per unit for the gross proceeds of CAD 200,000; aggregate gross proceeds of CAD 900,000 on December 14, 2023. Each FT Unit consists of one common share and one-half of one common share purchase warrant with each Warrant entitling the holder thereof to acquire one additional Common Share at a price of CAD 0.05 for a period of twenty-four months from the closing date of the Offering. Each NFT Unit consists of one Common Share and one full Warrant. As consideration for services provided in connection with the Offering, the Company may pay cash finder's fees of up to 7% of the gross proceeds of the Offering. All securities issued pursuant to the Offering will be subject to a statutory hold period of four months from the date of issuance in accordance with applicable securities legislation. The Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange. 공지 • Oct 25
BMEX Gold Inc., Annual General Meeting, Dec 18, 2023 BMEX Gold Inc., Annual General Meeting, Dec 18, 2023. 공지 • Aug 30
BMEX Gold Inc. announced that it expects to receive CAD 1 million in funding BMEX Gold Inc. announced a non-brokered private placement of 14,545,454 flow-through shares at a price of CAD 0.055 per share for the gross proceeds of CAD 800,000 and 5,000,000 hard dollar units at a price of CAD 0.04 per unit for the gross proceeds of CAD 200,000 for the total gross proceeds of CAD 1,000,000 on August 29, 2023. Each hard dollar unit consists of one common share of the company and one common share purchase warrant, with each warrant entitling the holder thereof to acquire one additional common share at a price of CAD 0,055 for a period of 24 months from the closing date of the offering. All securities issued pursuant to the offering will be subject to a statutory hold period of four months from the date of issuance. The offering is subject to certain closing conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange. 공지 • Feb 10
BMEX Gold Inc. Announce the Results of 2022 Drilling Program Which Represented 3,013 M Drilled Amongst 14 Surveys BMEX Gold Inc. announced the results of its 2022 drilling program which represented 3,013 m drilled amongst 14 surveys. Gold values were obtained in almost every drill hole, with 15.20 g/t Au over 0.70 m intersected in Hole BD-22-07 targeting the Marcelle vein. In addition, a new gold zone was discovered with Hole BD-22-09 which intersected multiple gold-rich intervals in a previously undrilled area west of the Edith vein. Results from Hole BD-22-09 included 1.24 g/t Au over 0.60 m, 2.17 g/t Au over 0.50 m and 3.65 g/t Au over 0.50 m. The 2022 drilling program on the Dunlop Bay property was initiated to: test the surface results of the summer field campaign to test the potential continuity of the Marcelle-Rolande-Edith Gold corridor and target the conductive plates from the ground EM survey at Dunlop Bay Ouest VMS area. In the Marcelle-Rolande-Edith Gold Corridor, the heart of the Marcelle vein returned the best intercept of the campaign (BD-22-07) at a position consistent with the 3D understanding of the vein system. Hole BD-22-08 also extended the gold halo around Marcelle by 50 m southward. Hole BD-22-09 intersected a new area of gold mineralization west of the Edith vein which represents a new discovery and a major advancement for the property. Finally, the Bella vein trend was also extended by 260 m northwestward with anomalous gold intersected in Hole BD-22-11. The Dunlop Bay Ouest area drilling confirmed the potential for both base and precious metals endowment on the volcanogenic system identified during the summer 2022 field program. Hole BD-22-06 returned up to 1.02% Zn over 1.50 m and Hole BD-22-01 reported 1.06 g/t Au over 0.50 m and 1.32% Cu over 0.50 m. The conductive plates form a 900 m strike footprint, of which the western half is barely explored. Some of the largest EM plates were not tested by the 2022 drilling and comprise future drill targets. With these results BMEX is considering performing BHEM surveys to track the continuity of the system at depth and laterally. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Verlee Webb is the most experienced director on the board, commencing their role in 2020. Independent Director R. Bustin was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Verlee Webb is the most experienced director on the board, commencing their role in 2020. Independent Director R. Bustin was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Is New 90 Day High Low • Oct 02
New 90-day high: €0.39 The company is up 1,070% from its price of €0.033 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period.