Board Change • May 20
No independent 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. No independent directors (3 non-independent directors). Director Peter Espig was the last 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: Lack of independent directors. Insufficient board refreshment. 공시 • Sep 27
First Lithium Minerals Corp. announced that it has received CAD 0.075 million in funding On September 26, 2025, First Lithium Minerals Corp closed the transaction. The company issued 937,500 flow through shares at a price of CAD 0.08 for aggregate gross proceeds of CAD 75,000. Finders' fees were paid, totaling CAD 2,450 of cash and 30,625 finders' warrants, with each finder's warrant exercisable into a common share at an exercise price of CAD 0.08 per share for 18 months. insiders of the company purchased 500,000 flow-through shares. The participation by the insider constitutes a related party transaction within the meaning of the policies of the Canadian Securities Exchange and Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. All securities issued under the offering will be subject to a hold period expiring four months and one day from the date of the closing. 공시 • Sep 06
First Lithium Minerals Corp. announced that it expects to receive CAD 0.6 million in funding First Lithium Minerals Corp. announces flow-through financing to issue 7,500,000 flow-through shares at a price of CAD 0.08 per share for gross proceeds of CAD 600,000 on September 5, 2025. New Risk • Aug 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.9% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$2.3m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€3.72m market cap, or US$4.07m). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (4.9% increase in shares outstanding). 공시 • Jul 26
First Lithium Minerals Corp., Annual General Meeting, Aug 18, 2023 First Lithium Minerals Corp., Annual General Meeting, Aug 18, 2023, at 10:30 Eastern Daylight. Location: 77 King Street West, Suite 3000, Toronto Ontario Canada Agenda: To receive the audited consolidated financial statements of the Company for the year ended December 31, 2022, and the report of the auditors thereon; to elect the directors of the Company to hold office until the next annual meeting of shareholders; to re-appoint Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as auditor of the Company, to hold office until the next annual meeting of shareholders at a remuneration to be fixed by the board of directors; to consider and, if deemed advisable, pass, with or without variation, a resolution of shareholders approving the Company's omnibus equity incentive plan the full text of which is set out in the accompanying information circular; and to transact such other business as may properly come before the Meeting or any adjournments or postponements thereof. 공시 • Jul 06
First Lithium Minerals Corp. (CNSX:FLM) acquired 93 mining claims totalling 1,900 ha Exploration Project in Northwestern Ontario from Hudson Humic Ltd for CAD 0.37 million. First Lithium Minerals Corp. (CNSX:FLM) acquired 93 mining claims totalling 1,900 ha Exploration Project in Northwestern Ontario from Hudson Humic Ltd for CAD 0.37 million on July 5, 2023. In return for the acquisition, the Company will issue to Hudson 4,300,000 common shares and make a payment of CAD 50,000. The Common Shares will be subject to a statutory hold period expiring four months and one day from the date of issuance in accordance with applicable securities legislation.
First Lithium Minerals Corp. (CNSX:FLM) completed the acquisition of 93 mining claims totalling 1,900 ha Exploration Project in Northwestern Ontario from Hudson Humic Ltd on July 5, 2023.