Board Change • May 20
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 • Aug 14
Global Copper Corp., Annual General Meeting, Oct 08, 2025 Global Copper Corp., Annual General Meeting, Oct 08, 2025. 공시 • Jun 25
Li3 Lithium Corp., Annual General Meeting, Aug 22, 2024 Li3 Lithium Corp., Annual General Meeting, Aug 22, 2024. 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). Share price has been highly volatile over the past 3 months (76% average daily change). 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 (€561.7k market cap, or US$607.8k). 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 31
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 (34% 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 (€2.60m market cap, or US$2.87m). 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. 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. 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. 