New Risk • Apr 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$3.9m free cash flow). Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$57.6m market cap, or US$42.2m). Aankondiging • Apr 24
Gold Candle Ltd. completed the acquisition of Fokus Mining Corporation (TSXV:FKM). Gold Candle Ltd. executed letter of intent to acquire Fokus Mining Corporation (TSXV:FKM) on January 18, 2026. Gold Candle Ltd. entered into a definitive arrangement agreement to acquire Fokus Mining Corporation for CAD 53.8 million on February 11, 2026. Shareholders will receive cash consideration of $0.26 per share, providing immediate value and liquidity. The transaction will be financed through equity investment of CAD 50.05 million. In case of termination of transaction, Fokus Mining Corporation will pay a termination fee of CAD 1.80 million. The consideration represents a premium of 33.3% to the closing price of the Shares on the TSX Venture Exchange (the "TSXV") on February 11, 2026, and a premium of 36.8% to the 10-day volume-weighted average trading price of the Shares on the TSXV as of February 11, 2026.
The Transaction must also be approved by the Superior Court of Québec. The deal has been unanimously approved by Fokus Mining's Board of Directors and Special Commitee and recommend that Fokus shareholders vote in favour of the transaction. The transaction is expected to close during the second quarter of 2026. As of April 14, 2026, the transaction has been approved by the shareholders of Fokus Mining. The hearing in respect of the Final Order is expected to take place on April 17, 2026.
Clarus Securities Inc. acted as financial advisor and fairness opinion provider for the Special Committee of Fokus Mining Corporation. Upon terms of the Engagement Agreement also provide that Clarus will: (i) be paid a work fee of CAD 25,000 payable upon the execution of the Engagement Agreement; (ii) will receive a completion fee of CAD 50,000 upon completion or delivery to the Special Committee of the Fairness Opinion; and (iii) will be reimbursed for its reasonable expenses.
Kari MacKay of Goodmans LLP acted as legal advisor for Gold Candle Ltd. Jean Tessier of Bennett Jones LLP acted as legal advisor for Fokus Mining Corporation. Lavery, De Billy acted as legal advisor for the Special Committee of Fokus Mining Corporation. PowerOne Capital Markets Limited acted as financial advisor for the Board of Directors of Fokus Mining Corporation. Computershare Investor Services Inc. acted as transfer agent and depository of Fokus Mining Corporation.
Gold Candle Ltd. completed the acquisition of Fokus Mining Corporation (TSXV:FKM) on April 22, 2026. As a result of the completion of the arrangement, it is expected that the shares will be delisted from the TSX Venture Exchange, OTCQB tier of the OTC Markets Group, and Open Markets segment of the Frankfurt Stock Exchange shortly after the date hereof, and that Fokus will promptly apply for an order to cease to be a reporting issuer (or equivalent) in each of Alberta, British Columbia and Québec Aankondiging • Feb 13
Gold Candle Ltd. entered into a definitive arrangement agreement to acquire Fokus Mining Corporation (TSXV:FKM) for CAD 47.8 million. Gold Candle Ltd. entered into a definitive arrangement agreement to acquire Fokus Mining Corporation (TSXV:FKM) for CAD 47.8 million on February 11, 2026. Shareholders will receive cash consideration of $0.26 per share, providing immediate value and liquidity. The transaction will be financed through equity investment of CAD 50.05 million. In case of termination of transaction, Fokus Mining Corporation will pay a termination fee of CAD 1.80 million. The consideration represents a premium of 33.3% to the closing price of the Shares on the TSX Venture Exchange (the "TSXV") on February 11, 2026, and a premium of 36.8% to the 10-day volume-weighted average trading price of the Shares on the TSXV as of February 11, 2026.
The Transaction must also be approved by the Superior Court of Québec. The deal has been unanimously approved by Fokus Mining's Board of Directors and Special Commitee and recommend that Fokus shareholders vote in favour of the transaction. The transaction is expected to close during the second quarter of 2026.
Clarus Securities Inc. acted as financial advisor and fairness opinion provider for the Special Committee of Fokus Mining Corporation. Goodmans LLP acted as legal advisor for Gold Candle Ltd. Bennett Jones LLP acted as legal advisor for Fokus Mining Corporation. Lavery, De Billy acted as legal advisor for the Special Committee of Fokus Mining Corporation. Board Change • Jul 03
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Maruf Raza was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 01
Fokus Mining Corporation, Annual General Meeting, Jun 27, 2025 Fokus Mining Corporation, Annual General Meeting, Jun 27, 2025. Location: quebec, montreal Canada Aankondiging • Apr 23
Fokus Mining Corporation Identifies Multiple Targets from Deep Titan Geophysical Survey and Prepares for Phase 2 Drilling Fokus Mining Corporation provided an update on its 2025 exploration activities at the Galloway Property ("Galloway Project"), located in Abitibi, Quebec, along the Cadillac-Larder Lake Fault, between the Rouyn-Noranda and Kerr-Addison mining camps. The Galloway Project outlined a NI 43-101 inferred mineral resource of 1.42 million ounces of gold (41.2 Mt at 1.07 g/t Au) at USD 1,750/oz, or 1.79 million ounces (57.5 Mt at 0.97 g/t Au) at $1,960/oz, as detailed in March 23, 2023, press release. This update follows the completion of a deep-penetrating TITAN geophysical survey and provides an overview of the Phase 2 drilling program, which will target newly identified anomalies across the Galloway Project. The survey conducted at the Galloway project was completed over 8 lines with a 200 meters line spacing, totaling 32.9-line kilometers, and covering an approximate area of 605 hectares. Fokus Mining is set to resume drilling in the coming days with the start of Phase 2 of its 2025 exploration program. The objective of Phase 2 is to conduct step-out drilling around known mineralized zones and to test newly identified anomalies, with the aim of making new discoveries near existing resources. Highlights include hole GA-23-76, which intersected 51.13 g/t Au over 5 meters, and hole GA-24-86, which returned 10.06 g/t Au over 10.0 meters, including 6 meters grading 15.91 g/t Au (Fokus Mining Corp., April 16, 2024, "Fokus Mining Intersects 10 Metres Grading 10.06 g/t at the Galloway Project". The current hole is designed to test a strong chargeability anomaly located adjacent to a magnetic inversion, approximately 125 meters down-dip from the known Moriss mineralization. A third hole will target a magnetic anomaly near Zone 59, following up on results from hole GA-21-59. The scientific and technical disclosure related to drilling results, assays, and mineral resource estimates for Fokus included in this press release have been reviewed and approved by Nathalie Landry, P. Geo. Factors that could cause future results to difference materially from those anticipated in these forward-looking statements include risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with exploration, drilling and assay results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company is able to secure permitting and other governmental clearances necessary to carry out The Company will not be able to carry out the company's exploration plans. New Risk • Apr 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% 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 Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$21.9m market cap, or US$15.6m). Aankondiging • Apr 10
Fokus Mining Corporation Intersects 0.90 G/T AueQ over 33 Metres Including 1.67 G/T Aueq over 10.1 Metres and Provides Update on Phase 1 Exploration Program Fokus Mining Corporation announced an update of its 2024-2025 exploration program on the Galloway Property ("Galloway Project"), located in Abitibi, Quebec, along the Cadillac-Larder Lake Fault, between the Rouyn-Noranda and Kerr-Addison mining camps. The Galloway Project outlined a NI 43-101 inferred mineral resource of 1.42 million ounces of gold (41.2 Mt at 1.07 g/t Au) at USD 1,750/oz, or 1.79 million ounces (57.5 Mt at 0.97 g/t Au) at $1,960/oz. This press release highlights the Company's recent drilling results and provides update on Phase 1 exploration program. Recent Drilling Highlights: The Company is announcing results from the extension of drill hole GA-24-91, which targeted the RB (Renault-Bay) deposit, as well as from drill holes GA-25-93, GA-25-94, and GA-25-95, which intersected the Hurd target at the Galloway Project. Recent results from the Hurd target, located 300 meters northeast of RB, highlight the presence of multiple broad mineralized zones that continue to expand across the property. The data suggest a significant gold system with meaningful copper intersections, indicating potential for an open-pit bulk-tonnage operation. Drilling completed earlier in Phase 1 confirmed the presence of a higher-grade core at depth within the Hendrick zone, supporting the potential for a bulk-tonnage underground operation. At GP and RB, drilling extended the near-surface mineralized footprint along strike, further reinforcing the potential for a larger-scale open-pit configuration. Aankondiging • Jan 30
Fokus Mining Corporation Expands Mineralized Footprint Connecting GP and Hendrick Deposits At the Galloway Project Fokus Mining Corporation announced an update of its 2024-2025 exploration program on the Galloway Property ("Galloway Project"), located in Abitibi, Quebec, along the Cadillac-Larder Lake Fault, between the Rouyn-Noranda and Kerr-Addison mining camps. This update highlights the Company's recent drilling results, planned drilling campaign and upcoming geophysical survey. The Company has also strengthened its financial position to assist in advancing exploration efforts. Recent Insider Transactions Derivative • Dec 02
Iindependent Director exercised options to buy CA$176k worth of stock. On the 27th of November, Jean-David Moore exercised options to buy 1m shares at a strike price of around CA$0.09, costing a total of CA$99k. This transaction amounted to 11% of their direct individual holding at the time of the trade. Since June 2024, Jean-David's direct individual holding has increased from 8.78m shares to 10.13m. Company insiders have collectively bought CA$230k more than they sold, via options and on-market transactions, in the last 12 months. Board Change • Oct 24
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Additional Independent Director Luc Gervais was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 18
Fokus Mining Corporation announced that it has received CAD 1.875 million in funding On October 17, 2024, Fokus Mining Corporation closed the transaction. Aankondiging • Sep 13
Fokus Mining Corporation announced that it expects to receive CAD 1.5 million in funding FOKUS MINING CORPORATION announced a best efforts non-brokered private placement to issue 10,000,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 500,000 and 25,000,000 flow-through units at an issue price of CAD 0.08 per unit for the gross proceeds of CAD 1,000,000; aggregate gross proceeds of CAD 1,500,000 on September 12, 2024. Each Unit will be comprised of one common share and one Common Share purchase warrant and d each FT Unit will comprised of one flow through Common Share and one Warrant. Each Warrant will entitle its holder to acquire one Common Share at a price of CAD 0.08 per share for a period of three years from the issuance date. The company will pay a finder's fee to an arm's length finder consisting of: (i) a cash fee equal to 7% of the gross proceeds raised via subscribers introduced by such finder and (ii) finder warrants equal to 8% of the total number of Offering Units issued to subscribers introduced by such finders. Each Finder Warrant is exercisable for one Unit at a price of CAD 0.05 per Unit, for a period of three years from the closing date of the Offering. Closing of the Offering is subject to a number of conditions, including, without limitation, approval of the TSX Venture Exchange (the "TSXV") and receipt of all necessary corporate and regulatory approvals. The closing of the Offering is expected to take place on or before October 4, 2024, or such other date as may be determined by the Company. Securities issued under the Offering will be subject to a hold period which will expire four months and one day from the date of the applicable closing of the Offering. New Risk • Sep 02
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 (19% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.01m market cap, or US$3.72m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Aankondiging • Jul 04
Fokus Mining Corporation Announces Results of Sensitive Analysis of the Gold Price on the Initial NI 43-101 Mineral Resource Estimate for its 100%-Owned Galloway Gold Project Located in the Abitibi Region of Quebec Fokus Mining Corporation announced the results of a sensitivity analysis of the gold price on the initial NI 43-101 Mineral Resource estimate ("MRI") for its 100%-owned Galloway gold project located in the Abitibi region of Quebec. Using the same model as for the initial NI 43-101 MRI at a gold price of USD 2,300 per ounce, and a cut-off grade of 0.70, inferred resources would be estimated at 2.71 million ounces of gold. As announced in the release of May 8th, 2024, Fokus commissioned InnovExplo to develop a new sensitivity model for the NI 43-101 compliant resource estimate published in March 2023. In this regard, the results are very convincing and confirm the hypotheses that led Fokus to request this study. The impact of a higher gold price is very significant on the model used to produce the independent NI 43-101 mineral resource estimate, published on March 23, 2023. The gold price used, at that time, was an average at USD 1,750 per ounce and inferred resources were estimated at 1.4 million ounces of gold with a cut-off at 0.9g/tonne. In addition, it is important to mention that 1) the study did not assess the potential of an open pit model; and 2) since the completion of the initial MRI, over 35 holes have been drilled in the westernmost part of Galloway with interesting gold results. Aankondiging • Apr 28
Fokus Mining Corporation, Annual General Meeting, Jun 20, 2024 Fokus Mining Corporation, Annual General Meeting, Jun 20, 2024. Aankondiging • Apr 19
Fokus Mining Corporation Appoints Luc Gervais to Its Board of Directors Fokus Mining Corporation appointed Mr. Luc Gervais, to its Board of Directors. This important appointment takes effect immediately. Luc Gervais has 40 years of experience in engineering, construction and maintenance in the mining and metallurgy sectors. He has held several management positions with metallurgy producers as well as contractors and EPCM firms. He has led many studies for numerous mining companies and worked on various projects in Canada and abroad. In addition, he currently sits on the board of Mosaic Minerals and was until recently on the board of Vanstar Mining Resources. Mr. Gervais possesses a keen sense of business and holds a mining engineering degree from Laval University. Aankondiging • Apr 17
Fokus Mining Corporation Intersects 10 Metres Grading 10.06 G/T At the Galloway Project Fokus Mining Corporation, announced that it has intersected 10m grading 10.06 g/t Au and 11.45 g/t Au silver on the Moriss showing, located in the western part of the Company's 100%-owned Galloway project. Fokus intersects 10m grading 10. June g/t Au including 6m grading 15.91 g/t Au on the Moriss showing. Fokus finds significant Au values in the area of the Fayolle showing. Fokus confirms the gold-bearing extension of the Hurd Zone at depth. Four of the six holes drilled during the short 1,300-metre winter 2024 drilling program on the Moriss Zone returned significant gold values. This program follows on from the 1,500m program conducted in late autumn 2023 on the same showing. In virtue of the new regulations, the Company will submit its program to the various stakeholders in order to obtain all the permits required to continue its work. With the recent rise in the price of gold, it has become imperative for the Company to accelerate its work to re- evaluate the resource potential accessible on surface in the GP and RB areas, two zones which are also close to rail and highway infrastructure. An initial 43-101 resource estimate carried out in 2023 by the firm InnovExplo Inc. indicated a global inferred resource of 1.42M ounces of gold at a grade of 1.07 g/t Au (cut-off of 0.90 g/t Au) at a price of USD 1,750 perounce of gold. The sensitivity analysis presented in the same 43-10 1 report indicates a quantity of 1.788 million ounces of gold grading 0.97 g/t Au (cut theoff of 0.80 g/t Au) at an price of USD 1,960 per ounce. Most of the work that should potentially be completed in 2024 will be used to improve the quality of the resource and increase the quantity possible in the resource. Aankondiging • Apr 05
Fokus Mining Corporation announced that it has received CAD 0.15 million in funding Fokus Mining Corporation announced a private placement to issue 3,000,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 150,000 on April 4, 2024. The transaction will include participation from 5 investors. Each Unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of CAD 0.06 for a period of three years from the closing date. In connection with the private placement, the Company did not pay any commission or finder's fee and no insiders participated in the placement. Following the private placement, there are 125,309,460 common shares issued and outstanding. Under applicable legislation, the securities issued in the private placement are subject to a four-month hold period, expiring on August 5, 2024. The private placement remains subject to final approval by the TSX Venture Exchange. Aankondiging • Feb 07
Fokus Mining Corporation Announces Discovery of New Gold Zone North of the Galloway Project Fokus Mining Corporation announce that it intersected gold grading 51.13 g/t Au over 5 metres on the Moriss showing, located in the western part of the Galloway project. Last December, the Company drilled five new holes in the Moriss area to evaluate the direction of the gold-bearing veins. At present, it is not possible to determine with certainty the direction of the veins in this area; however, initial interpretations following these results suggest the presence of gold-bearing structures intersecting the Moriss zone perpendicularly. Since Fokus' winter 2020-2021 campaign on the Moriss area, there have been a number of unanswered questions regarding the direction of various mineralized zones intersected in this part of the Galloway project. Following an analysis of the data, the Company designed a drilling program to assess the possible presence of a north-south trending gold system intersecting the Moriss shear zone. Based on the results obtained, this appears to be the case. The Company also announces that it has intersected several anomalous gold values by drilling in the Fayolle showing area. This area, located some 400 metres north of Hurd, has been little prospected in the past and is associated with significant magnetic anomalies. The two holes were drilled to test their gold potential. Management is currently preparing a new drilling campaign, which should begin in the next few weeks. Details will be released when all the results of the last campaign are in, but it's likely that the Moriss zone will be the focus of this new program. Aankondiging • Jan 18
Fokus Mining Corporation Provides Exploration Update Fokus Mining Corporation provide an exploration update on its Galloway project located in the Abitibi region of Québec. As mentioned in previous press releases, last November's program was to include a minimum of 1,500 metres of diamond drilling with seven or eight holes. This target has been exceeded: Five holes have been drilled on the Moriss mineralised area for a total of 903 metres (holes GA-23-75 to GA -23-79); and Three holes have been drilled in the Fayolle mineralised area for a total of 840 metres (holes GA-23-80 to GA-23-82). Described the objectives of the drilling campaign on the Moriss zone, which followed on from an earlier drilling campaign by Fokus. However, this is the Company's first exploration effort to test the Fayolle area of Galloway located approximately one kilometre north of the Hurd area and approximately 3.5 km north-east of the GP zone. Previous companies drilled a few shallow holes on Fayolle and obtained some low-grade gold values. The scientific and technical disclosure for Fokus included in this news release have been reviewed and approved by Gilles Laverdière, P. Geo. Mr. Laverdière is geologist and qualified person under National Instrument 43-101 Standards of Disclosure of Mineral Projects ("NI 43-101") and a director of the Company. Aankondiging • Dec 05
Fokus Mining Corporation announced that it expects to receive CAD 0.45 million in funding Fokus Mining Corporation announced a private placement that it will issue up to 11,250,000 units at a price of CAD 0.04 per unit for the gross proceeds of CAD 450,000 on December 4, 2023. Each of the units will comprise one common share and one common share purchase warrant. Each unit warrant will entitle its holder to acquire one additional common share of company at a price of CAD 0.06 for a period of four years from the closing date. No finder fees or commissions are expected to be paid in connection with the private placement. All securities issued under this private placement will be subject to applicable resale restrictions under applicable securities laws and to the exchange hold period. The transaction remains subject to the approval of the exchange. New Risk • Dec 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 Canadian stocks, typically moving 22% 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 Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$4.44m market cap, or US$3.28m). Minor Risk Shareholders have been diluted in the past year (33% increase in shares outstanding). Board Change • Dec 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Director Jean-David Moore was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Nov 29
Fokus Mining Corporation Begins Its Winter Drilling Program on the Galloway Project Fokus Mining Corporation announce that it began its winter drilling program on the Galloway Project in the Abitibi region last week. This campaign will be entirely devoted to drilling, with a minimum of 1,500 metres planned. As indicated in the press release of September 6, 2023, the first series of holes is being completed on the Moriss Zone for a total of around 950 metres with six shallow holes designed to validate a possible NS gold system. Several holes had already intersected high gold values in this sector and an initial NI 43-101 compliant resource estimate for Moriss was released earlier in 2023: 514,000 tonnes grading 2.74 g/t gold. The program will also include a series of holes in the Fayolle sector located North East of Moriss. In other news, Fokus states that the sponsorship contract that the Company had signed with RocksAndStocksNews, a private company based in Mexico and headed by Allan Laboucan, expired on October the 17, 2023. The contract with this online precious metals and mining stocks portal, worth $15,000, had been paid in full at the beginning of the period, and therefore no shares or options were given as additional compensation. The Company has also just entered into a one month sponsorship agreement with Gold Investment Letter, a Miami based private entity for cash consideration of $50,000. No shares or options will be issued as part of compensation. The scientific and technical disclosure for Fokus included in this news release have been reviewed and approved by Gilles Laverdière, P. Geo. Mr. Laverdière is geologist and qualified person under National Instrument 43-101 Standards of Disclosure of Mineral Projects ("NI 43-101") and a director of the Company. Aankondiging • Oct 27
Fokus Mining Corporation announced that it expects to receive CAD 0.32684 million in funding Fokus Mining Corporation announced a non-brokered private placement of up to 500,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 25,000 and 5,030,667 flow-through units at a price of CAD 0.06 per unit for the gross proceeds of CAD 301,840.02 for the aggregate gross proceeds of CAD 326,840.02 on October 26, 2023. Each of the units is comprised of one common share and one common share purchase warrant and each of the Flow-Through unit is comprised of one common share and one-half of a common share purchase warrant. Each unit warrant entitles its holder to acquire one additional common share at a price of CAD 0.08 for a period of three years from the closing date and each Flow-through unit warrant entitles its holder to acquire one additional common share at a price of CAD 0.08 for a period of two years from the closing date. In connection with the private placement, the company paid cash commissions to three securities dealers in an aggregate amount of CAD 18,200 and granted finders' warrants to one of the securities dealers entitling it to acquire up to 40,000 additional common shares of the company at a price of CAD 0.08 per share until October 25, 2026 and to another one of the securities dealers entitling it to acquire up to 20,000 additional common shares of the company at a price of CAD 0.08 per share until October 25, 2025. Additional closings of the private placement may be held until November 13, 2023, subject to a maximum of an additional 4,500,000 units at a price of CAD 0.05 per unit and a maximum of an
additional 3,969,333 FT units at a price of CAD 0.06 per FT unit to subscribers in Québec, for total maximum gross proceeds of CAD 463,159.98. Aankondiging • Jun 30
Fokus Mining Corporation announced that it has received CAD 0.4245 million in funding On June 29, 2023, Fokus Mining Corporation closed the transaction. The company has received CAD 424,500 in the transaction. The company received its second and final tranche. The company issued 1,010,000 units at an issue price of CAD 0.08 per unit for gross proceeds of CAD 80,800. The private placement remains subject to the final approval of the TSX Venture Exchange. Aankondiging • Jun 15
Fokus Mining Corporation to Resume Drilling on Newly Discovered RB Zone in Galloway Fokus Mining Corporation announced the beginning of approximately 1,650 metres of exploration drilling to further test the RB Zone in which it has drilled 12 holes to date (press release dated March 28th, 2023). RB is one of two major new targets detected in the latest high-resolution airborne magnetic survey in the Renault Bay intrusion area of the Galloway project. Following the results of the last drilling campaign on the RB zone, where good gold values were obtained in the first 200 metres from surface, the Company decided to drill 7 additional shallow holes to increase the level of confidence in the near-surface gold mineralisation. All the holes are infill with a dip of between 50 and 75 degrees and varying in length from 200 to 260 metres. The RB Zone is located to the east of the GP gold zone. It was discovered in 2022 because of its magnetic signature, which is similar to that of the gold-bearing syenitic intrusions already known in this part of Galloway. The RB Zone is also in a similar geological setting to the Hendrick Zone and sets the stage for Au-Cu Porphyry mineralisation in the main Renault Bay intrusion. It should be noted that the mineralisation starts closer to surface (press release dated December 1rst, 2022). Aankondiging • May 10
Fokus Mining Corporation Appoints Jean-David Moore to Its Board of Directors Fokus Mining Corporation appoints Mr. Jean-David Moore, P.Eng. in forestry, to its Board of Directors. This important appointment takes effect immediately. Jean-David Moore has been a consultant and an adviser to several mineral exploration and development companies for more than fifteen years. He also holds large holdings in several mineral exploration companies and has developed a strong relationships network in the sector. He currently owns 8.2 million common shares of Fokus. A graduate of Laval University in Forestry Engineering, Mr. Moore holds a master's degree also from Laval University, in Québec. He is a member of the Order of Forest Engineers of the Province of Québec (OIFQ). As a forestry scientist, he has published more than 70 scientific publications in different international journals. Aankondiging • Feb 01
Fokus Mining Corporation Intersects 229.5 Metres Grading 1.03 g/t Au, Including 130 Metres Grading 1.41 g/t Au in the RB Zone of the Galloway Project Fokus Mining Corporation announced that hole GA-22-63 intersected 1.03 g/t Au over a hole length of 229.5 metres including a 130.50 metre zone grading 1.41 g/t Au, which also included a 43.5 metre zone grading 2.04 g/t Au. This gold-bearing section, traced from 117 to 346.5 metres along the hole, is located in an intermediate hematite- and sericite-rich and sometimes porphyritic intrusive. Very fine pyritization forms the bulk of the mineralization. Three other holes drilled in the same area also intersected several significant gold zones in the same geological context. GA-22-60 revealed a 24-metre zone grading 1.37 g/t Au followed by a second gold zone of 31.50 metres grading 1.31 g/t Au while hole GA-22-61 graded 1.25 g/t Au over a width of 13.5 metres. Finally, GA-22-62 returned 40.50 metres grading 1.15 g/t Au. It should be noted that these holes also intersected several other small significant gold zones throughout the drilling. The main objective of this 4-hole, 1,150 metre program, completed in December 2022, was to assess the continuity at depth of the RB Zone. The results obtained from the entire program demonstrate this possibility. A second drilling program of approximately 1,200 metres was started around January 8 and will be completed in the next few days on the same showing. Also consisting of four holes, this one is designed to test the possible extension of the RB zone to the east as well as its further extension at depth. The RB zone was outlined in 2021 by drill holes GA-21-28, GA-21-45, GA-21-46 and GA-21-49. Aankondiging • Dec 22
Fokus Mining Corporation announced that it has received CAD 0.9465 million in funding Fokus Mining Corporation announced a non-brokered private placement of 9,175,000 units at a price of CAD 0.06 per Unit for gross proceeds of CAD 550,500 and 4,950,000 flow-through units at a price of CAD 0.08 per FT Unit for gross proceeds of CAD 396,000 for aggregate gross proceeds of CAD 946,500 on December 21, 2022. Each of the Units is comprised of one common share and one common share purchase warrant and each of the FT Units is comprised of one common share and one-half of a common share purchase warrant. Each Warrant entitles its holder to acquire one additional common share at a price of CAD 0.09 from Units and at a price of CAD 0.10 from FT Units for a period of two years from the closing date. The transaction included participation from three officers and directors of the company for 800,000 Units for a total consideration of CAD 48,000. In connection with the private placement, the company paid cash finders' fee to two securities dealers in the aggregate amount of CAD 17,465. In addition, the company issued finders' warrants to the securities dealers entitling them to acquire up to 22,750 additional common shares at a price of CAD 0.06 per share and up to 201,250 additional common shares at a price of CAD 0.08 per share until December 20, 2024. Under applicable securities legislation, the securities issued in the private placement are subject to a four-month hold period, expiring on April 21, 2023. Aankondiging • Dec 02
Fokus Mining Corporation to Drill Test the Newly Identified RB Zone on Its Galloway Property Fokus Mining Corporation has undertaken a short 1,000-meter drilling program in the RB Zone to test its surface potential on its Galloway property. The four previous holes drilled in this new gold area located East of GP gold zone had obtained interesting values throughout the core samples, particularly in the upper part of the holes between surface and 250 meters vertical depth. This program will consist of four shorts holes for a total of 1,045 meters. Three of these holes are drilled from the collars of holes drilled during the 2020-2021 drilling campaign while the last hole will be drilled from the collar of a hole drilled in 2009. The RB zone is in a similar geological context to the Hendrick zone and opens up the potential for Au-Cu Porphyry mineralization in the main Renault Bay intrusion. Note that the mineralization starts closer to the surface. The Company also retained the services of GoldSpot Discoveries, a geological services and 3D modeling consulting firm, to review its geological models and complete a compilation of historical data on several areas of Galloway where no work has been carried on for several years. Aankondiging • Nov 23
Fokus Mining Corporation Completes Metallurgical Testwork on Galloway Fokus Mining Corporation, announced that the metallurgical testing required to complete its independent NI43-101 compliant resource estimate has been completed. It has been demonstrated that, from an environmental perspective, the mineralization does not present a particularly significant problem as the sulphur content is low and there are no significant deleterious elements in the mineralized zones tested. The gold is very fine, so the assay results obtained to date are quite reliable and gravity separation is not warranted. Gold recovery by cyanidation averaged 89% on samples from the Hendrick and GP mineralized zones and there are only minor variations between samples from different parts of the Hendrick and GP areas with different gold grades. Sample selection, preparation and testing protocols were carried out independently. Core samples were provided from the Hendrick and GP zones to prepare the composites. Testing included mineralogy, head assays, grindability, gravity recovery tests and cyanidation. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Gilles Laverdiere is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Oct 07
Fokus to Complete Metallurgical Testing on Galloway by the End of October Fokus Mining Corporation announce that the metallurgical tests required to complete its independent NI43-101 resource estimate are now underway and will be completed by the end of October. The selection and preparation of the samples and the test protocols were conducted independently. Drill core samples were provided from the Hendrick and GP zones to prepare composites. Test work includes mineralogy, head samples, assays, grindability, gravity recovery tests and cyanidation tests. Composites and residues from cyanide tests will be stored and frozen to avoid degradation in the event that additional testing is later planned. It should also be noted that sufficient samples have been prepared to duplicate all ongoing tests if necessary. Aankondiging • Sep 01
Fokus Mining Corporation Undertakes A Series of Metallurgical Testing on Galloway Fokus Mining Corporation through its management, announced that, in collaboration with the geological and engineering services firm Innovexplo, it has mandated Soutex to supervise various metallurgical tests to be carried out on the mineralized zones drilled in the last two years in the western part of the Galloway property. This next step follows various studies carried out by Innovexplo including the generation of lithological, structural and alteration models of the same mineralized zones and recommendations to prepare an independent resource estimate on the Galloway project. Soutex specialises in mineral processing and metallurgy, providing services from the early stages of design through to the day-to-day operations of the processing plants. Soutex will be involved at several levels, including overseeing the metallurgical testing required for the current assessment. Following regulatory approval, Fokus also announced the closing of the agreement with Vantex Resources, disclosed on August 23. Aankondiging • May 12
Fokus Mining Corporation announced that it expects to receive CAD 2.48435 million in funding Fokus Mining Corporation announced a non-brokered private placement of 28,997,500 units at a price of CAD 0.08 per unit and 1,645,500 FT Units at a price of CAD 0.1 per FT Unit for gross proceeds of CAD 2,484,350. Each unit consist of one common share and one common share purchase warrant and each of the FT Units is consist of one common share and one-half of a common share purchase warrant. Each Warrant entitles its holder to acquire one additional common share of the company at a price of $0.12 for a period of two years from the closing date. The securities issued in the transaction are subject to a four month hold period. The transaction is expected to close until June 6, 2022. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Gilles Laverdiere is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Apr 13
Fokus Discovers New Gold Zone on Galloway Fokus Mining Corporation announced the discovery of a new gold zone located at about 700 metres east of the GP-RB showings and about 400 metres south of the Hurd showing. Hole GA-21-59, over 1,500 metres long, intersected several gold intersections from 190 to 1,260 metres along the hole. This drilling was done to test a magnetic signature similar to the Hendrick zone. The results seem to demonstrate that the environment of this hole could contain some auriferous horizons near the surface containing several significant gold grades. Thus, a grade of 7.01 g/t Au over 3 metres was intersected between 192 and 195 metres while a grade of 4.51 g/t Au over 1.5 m was detected at 480 vertical metres. A grade of 11.45 g/t Au over 1.5 m was also intersected at a depth of 1,252.5 m. This high grade is included in a zone of 136.5 m at a grade of 0.83 AuEq including 1.43 AuEq over 7.5 m and 2.94 AuEq over 6 m. This new discovery is in addition to the discovery of the RB zone in 2021, which is in the eastern extension of the GP zone. The Galloway Project, while offering the potential for a low-grade, high-tonnage gold deposit in a porphyry-copper type system (Hendrick - GP - RB), also offers the potential for richer gold zones such as the Moriss located west of the GP zone. The Company recognizes the importance of finding other higher grade gold zones in an environment close to the low-grade zones to optimize the overall grade. Also, during 2022, the drilling program will aim, in addition to continuing the definition of the Hendrick zone, to test other gold zones such as Moriss. Following a new compilation of historical data, the Company has thus identified several showings with such potential near surface and hopes to confirm the gold potential of these new targets, by drillings. The Renault Bay (12.44 g/t Au over 1.63 m), Hurd (2.68 g/t Au over 9 m), Pond Zone (7 g/t Au over 3 m), Moriss (11.48 g/t Au over 5.35 m) and Soaker Hill (8.57 g/t Au over 4.87 m) will therefore be drilled as soon as possible. Other potential targets have also been identified based on their favorable geological and structural environment associated with high and low intensit magnetic anomalies. According to current drilling results, the Hendrick zone, despite less accessibility due to a sedimentary cover (Cobalt Sediment) varying from a few tens of metres to several hundred metres depending on the location, seems to offer significant resource development potential. The Company still wishes to complete a first 43-101 evaluation of the resource with InnovExplo in 2022. Additional drilling as well as metallurgical and mineralogical tests will be necessary to complete this first evaluation. Aankondiging • Feb 24
Fokus Mining Corporation Announces New Drilling Results on Hendrick Zone of Galloway Project, Located in Rouyn-Noranda Mining Sector in Abitibi, Québec Fokus Mining Corporation announced new drilling results on the Hendrick zone of the Galloway Project, located in the Rouyn-Noranda mining sector in Abitibi, Québec. Hole GA-21-56, located in the central portion of the Hendrick zone, recovered a gold zone of more than 322 m along the hole at a grade of 1.08 g/t AuEq including 2.31 g/t AuEq over 16.5 m, 3.19 g/t AuEq over 12 m and 1.46 AuEq over 13.50 m. Hole GA-21-58, located at the extreme east of this same showing, revealed a first gold zone of 100.50 metres along the hole, at a grade of 1.18 g/t AuEq including 1.34 g/t AuEq over 58.50 m. This same hole revealed a second gold zone of 108 metres at a grade of 0.89 g/t AuEq including 15 metres at a grade of 1.59 g/t AuEq as well as a third gold section of 70.50 metres at a grade of 0.79 g/t AuEq including 24 metres at 1.26 g/t AuEq. The Company, as of February 23, 2022, has all completed survey results from the Hendrick area. Based on these new results, the silicified pervasive gold envelope of Hendrick, trending ENE, is now recognized over more than 700 metres long and up to more than 300 metres thick. Intersected for the moment up to more than 1,000 metres deep, the Hendrick showing remains open in all directions. The Company is also awaiting results from the GA-21-59 survey conducted in a never-before-drilled area, which aimed to test a geological contact associated with a high-intensity magnetic anomaly. The presence of mineralization was observed throughout this hole, which is over 1,500 metres long. Aankondiging • Jan 22
Fokus Mining Corporation Provides Drill Results on Its Hendrick Zone on Its Galloway Project Located Near Rouyn-Noranda in the Abitibi Region Fokus Mining Corporation provided more drill results mostly on its Hendrick zone on its Galloway project located near Rouyn-Noranda in the Abitibi region. Drillhole no GA-21-53 located in the Eastern portion of the Hendrick zone has intersected the gold bearing zone along 312 meters grading 1.18 G/T AuEq including 144 meters at a grade of 1.67 G/T AuEq, 48 meters at a grade of 1.65 G/T AuEq and 78 meters grading 1.90 G/T AuEq. Hole GA-21-47 located in the same area has intersected the zone over 102 meters grading 1.42 G/T AuEq including 35.5 meters at a grade of 2.61 G/T AuEq and 48 meters grading 1.32 G/T AuEq. Also, holes GA-21-28, 45, 46 and 49 made it possible to identify a new zone located east of the GP zone. This new zone called RB located in a geological context similar to the Hendrick zone opens up the potential for Au-Cu Porphyry mineralization in the main Renault Bay intrusion. Aankondiging • Nov 25
Fokus Mining Corporation Announces Partial Results from the Hendrick Zone in the Southern Axis of the Golden Triangle Area of the Galloway Project Fokus Mining Corporation announced partial results from the Hendrick Zone, located in the southern axis of the Golden Triangle area of the Galloway project. The reported results are located approximately 400 m north of the previous Hendrick intersections suggesting a thickness of approximately 400 m of the mineralized zone due to the pervasive nature of the gold mineralization. These preliminary and very partial results clearly demonstrate that the Au, Ag and Cu mineralized zone is significantly present in the eastern part of the Hendrick Zone. Drill holes GA-21-48 and GA-21-53 respectively intersected a gold-bearing zone along the 84-metre hole grading 0.96 g/t AuEq, including 30 meters grading 1.71 g/t AuEq, as well as 99 meters grading 1.43 g/t AuEq and 51 meters grading 1.21 g/t AuEq. It is very important to note that these partial results do not limit the gold potential of the Hendrick mineralized zone intersected by drilling and which can extend up to nearly 400 meters in thickness along the hole. Although only partial, these initial results are consistent with previous drilling results in the Hendrick Zone. Based on all of the previous results and the current partial results, the Hendrick Zone is now estimated to be nearly 700 meters long and 400 meters thick. It remains open in all directions. Drilling on this zone continues and the primary objective remains to define an economic gold resource associated with this porphyry intrusive. Drilling on the Hendrick Zone is continuing and will aim to demonstrate the continuity of gold mineralization within the porphyry intrusive. Hole GA-21-59, currently underway, is targeting a circular magnetic anomaly with a signature similar to that of Hendrick. This hole is located approximately 1 km N-E of the Hendrick Zone. The Company also received partial and complete results from the Hurd and GP zones and from exploration holes GA-21-38 and GA-21-40, which tested a NE-SW structure underlain by cobalt sediments. Exploration hole GA-21-40 intersected a porphyry intrusive and anomalous gold values over a thickness of up to 130 meters were detected, including an intersection of 0.85 g/t Au over 15 meters. Finally, results from the Hurd area show a consistent anomalous gold presence in most holes, including hole GA-21-37, which returned 16.50 metres grading 0.94 g/t AuEq, including 7.5 meters grading 1.18 g/t AuEq and 1.07 g/t AuEq over 6 meters. Incomplete results from hole GA-21-45 located in the GP Zone have so far returned 0.77 g/t AuEq over 40.50 meters. Results from over 215 samples are still pending for this hole. Aankondiging • May 27
Fokus Mining Intersects 0.62 g/t AuEq over 343.45 Meters on the GP Gold Sector at Galloway Fokus Mining Corporation announced that it has intersected 343.45 meters grading 0.62 g/t AuEq, including a section of 11.5 meters grading 1.22 g/t AuEq and 1.54 g/t AuEq over 9.0 meters in hole GA-21-24 on the GP Zone. As explained in the news release dated April 21, 2021, the Company thinks that the main control of the mineralization in the western portion of the Galloway project is the syenite intrusion and that the porphyry copper-gold model applies. The infill holes yielded results as expected with hole GA-21-24 returning 0.62 g/t AuEq over 343.45 meters. This is the largest gold intersection to date in the GP zone. Hole GA-21-30 was collared in the Hendrick Zone to verify the lateral extension of the mineralization intersected in hole GA-21-10 and GA-21-14. The hole intersected over 200 m of mineralized syenite. Partial assay results show that the gold mineralization continues laterally to the east with a significant increase in Ag and Cu content. Ten grains of gold were identified at a depth of 914 m within mafic tuffs. Results will be fully released when all the results will be received. Hole GA-21-34 was abandoned at 219 m in a fault zone parallel to the direction of the holes. Further holes are planned in the Hendrick zone. Hole GA-21-23 intersected 7.98 g/t over 1.50 m in a shear zone with numerous quartz veins mineralized with pyrite. The mineralized interval is located near the footwall of a syenite dyke similar to the Moriss zone dyke. It is believed that it could be the faulted extension of the Moriss Zone. Two large NW regional faults have been recognized on each side of this hole. More drilling in this area will be needed to confirm this hypothesis. A fence of 4 holes was drilled west of the Hurd zone in order to verify its lateral extension to the west. All holes intersected porphyritic syenite mineralized with pyrite and chalcopyrite and other copper sulphides like bornite, chalcocite and covellite. Visible gold was also reported in hole GA-21-37. Historical holes VPE-12-57 and VPE-12-59 intersected respectively 0.53 g/t Au over 124.5 m and 0.62 g/t Au over 102.0. Five exploration drill holes were drilled to investigate magnetic highs suspected to be underlain by syenite bodies and on interpreted faults delineated by the airborne magnetic surveys. Three of these holes intersected well-mineralized syenite and visible gold was identified hole GA-21-38. All assays for these holes are pending and results will be released when available. A heli-borne very-high resolution magnetic survey was flown last week over the remainder of the property not covered last December to try to discover areas of high magnetic susceptibility which are suspected to correspond of buried syenite intrusions similar to syenite intrusion present at the Hendrick zone. The previous magnetic survey unveiled three buried syenite bodies. Results of the survey will be received in the coming days. Is New 90 Day High Low • Feb 23
New 90-day low: CA$0.24 The company is down 47% from its price of CA$0.45 on 24 November 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 4.0% over the same period. Aankondiging • Feb 20
Fokus Mining Intersected 120.30 Meters At 1.12 G/T Au Included in A Broader Segment That Returned 367.45 Meters At 0.72 G/T Au on Hendrick Zone, Galloway Fokus Mining Corporation announced that it has intersected 519.20 meters grading 0.62 g/t Au, including sections of 367.45 meters grading 0.72 g/t Au, 120.30 meters at 1.12 g/t Au, 74.40 meters at 1.36 g/t Au and 12.90 meters at 2.61 g/t Au in hole GA-20-10 in the Hendrick sector of the Galloway project. Hole GA-20-14, drilled 60 m east of hole GA-20-10, intersected over 500 m of mineralized syenite similar to hole GA-20-10. The results are expected soon. The Hendrick gold zone is characterized by the presence of disseminated and stringers of pyrite,
chalcopyrite with local molybdenite and specks of visible gold. The mineralized zone is comprised within a magnetite and potassic feldspar alteration envelope characteristic of Au-Cu porphyry
deposits. The Company therefore believes it is in the presence of an extended gold system due to the presence of syenitic intrusives favoring the link between the various gold zones such as Hendrick, GP, Moriss and Hurd. The Company also requested assays for copper and silver in holes GA-20-10 and GA-20-14. Assays for Ag and Cu are pending. In order to verify the various extensions of the Hendrick zone, the management of the Company plans to complete several new drill holes in the coming weeks. Moreover, the 3D inversion interpretation of a very high-resolution magnetic heli-borne survey recently flown over the prospective area demonstrates the probable presence of two other syenite intrusives. One of them is located northeast of the Hendrick gold zone and in close proximity to the Hurd gold zone. Further drilling is planned in this area. The other magnetic anomaly is located east of the Hendrick zone and is interpreted as a syenite intrusive, historic hole 99-H-30 having intersected 800 m of porphyritic syenite mineralized with pyrite and chalcopyrite all along the hole. Although interpretation is not fully completed, the Company believes that an important porphyritic intrusions system and related mineralization exists on the property. Current drilling will attempt to prove this hypothesis while making the link between the various gold zones. The Renault Bay syenite which is a part of that system had been identified by the Quebec government geologists in a special study on Au-Cu porphyry deposits (EP 2006-03) as a favorable exploration target for those types of deposits. More information on the magnetic survey interpretation will be provided shortly by management. Maps will soon be posted on the Company's website. A total of 25 holes were completed to date and two holes are in progress totalling 9,708 meters drilled on the Galloway project since the beginning of the 2020-2021 drill campaign. On the Moriss zone, most of the holes have intersected the marker intermediate dyke and the Moriss shear zone on its footwall. The intersections carry variable mineralization and results to date may indicate that the gold distribution in the Moriss zone may not be homogenous resulting in a nugget effect that was already experienced in some historical holes. Drilling also show that the marker dyke is present at depth (assays pending) and absent to the east, indicating that the Moriss zone is closed to the east. Complete assays were received for only ten holes and partial results for two holes. The design of the Galloway project drilling programs Quality Assurance/Quality Control and
interpretation of results is under the control of Fokus geological staff including qualified person employing a strict QA/QC program consistent with NI 43-101 and industry best practices. The
Galloway project is supervised by Gilles Laverdière, P. Geo. Drill core is logged and split with half-core samples packaged and delivered to AGAT Laboratories. Samples are dried and subsequently crushed to 75% passing a 2 mm mesh screen. A 250g subsample is pulverized to a nominal 85% passing 75 microns mesh screen. The remaining crushed sample (reject) and pulverized sample (pulp) are retained for further analysis and quality control. All samples are analysed by Fire Assay with an Atomic Absorption (AA) finish using a 50g aliquot of pulverized material. Assays exceeding 3 g/t Au are re-assayed by Fire Assay with a Gravimetric Finish. Fokus inserts 3rd party independent control reference samples and blank samples regularly in the sample stream to monitor assay performance. Fokus internal control samples represents approximately 10% of the total samples sent for assays. Fokus is planning to perform duplicate sampling at a certified secondary control laboratory. This press release was compiled and approved by Gilles Laverdière, P. Geo. and Qualified Person under National Instrument 43-101. Aankondiging • Feb 05
Fokus Mining Corporation Expects to Release Assay Results Shortly Fokus Mining Corporation provided an update on its exploration activities on the Galloway Gold project that started in November 2020. As planned, Fokus began last November a fully financed 40,000 meters drill program on the Galloway Gold project located 30 km west of Rouyn-Noranda, Quebec, on the Cadillac Larder Lake break. The major part of the program is devoted to a section of Galloway called the Golden Triangle where three majors targets (GP, Hendrick and Moriss) were identified by previous drilling campaigns. To date, 21 holes have been completed for a total of approximately 7,400 meters, including two holes on Hendrick for 2,000 meters, 18 holes on Moriss for 5,400 meters and one hole on a potential Moriss extension to the North for 400 meters. One rig is currently drilling on potential targets several hundred meters north of Moriss that need to be tested in the winter season while the second drill is now operating in the GP sector. The company is currently waiting on assays results from several holes drilled in 2020. Meanwhile, the drill program continues with one drill completing shallow holes and the other deeper holes. A tight grid magnetic airborne survey was also completed in the same portion of the Galloway Gold project in January 2021 and preliminary results indicate the presence of anomalies that had not been previously identified (the Moriss mineralized zone was discovered with geophysics in the 2009-2012 period). Is New 90 Day High Low • Feb 05
New 90-day low: CA$0.28 The company is down 19% from its price of CA$0.34 on 06 November 2020. The Canadian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 10.0% over the same period. Aankondiging • Nov 25
Fokus Mining Corporation Announces Director Changes Fokus Mining Corporation has appointed Steve Duchesne to its board of directors, effective immediately. Mr. Duchesne played in the National Hockey League from 1985 until 2002. He was a three time NHL All Star and a member of the Stanley Cup champion team in the last season of his career. After playing in the NHL, he stayed involved in hockey: he was president and co-owner of the Allen Americans Hockey Club in the ECHL in Allen, Texas for five years and is co-founder of a hockey school in his home town of Sept-Iles, Quebec that has hosted 200 kids every year for the last 35 years. Thibaut Segeral has resigned as a director of Fokus, effective immediately. Is New 90 Day High Low • Nov 14
New 90-day high: CA$0.41 The company is up 51% from its price of CA$0.28 on 14 August 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period. Aankondiging • Oct 20
Fokus Mining Corporation announced that it has received CAD 5 million in funding On October 19, 2020, Fokus Mining Corporation (TSXV:FKM) closed the transaction. Each whole warrant entitles the holder to acquire one additional common share at a price of CAD 0.45 until October 16, 2023. Power One Capital Markets Limited acted as lead finder in the transaction. Each finder warrant can be exercised to acquire one unit as offered in the private placement until October 16, 2023. Aankondiging • Sep 22
Fokus Mining Corporation announced that it has received CAD 1 million in funding On September 1, 2020, Fokus Mining Corporation (TSXV:FKM) closed the transaction. The common shares and warrants that are issued are subject to a four-month hold period, expiring on January 2, 2021. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 24 placees. The finder received 8 finder fees and 666,667 non-transferable finder warrants at a price of CAD 0.12 per unit exercisable until September 1, 2023 in the transaction. Aankondiging • Jul 18
Fieldex Exploration Inc. announced that it expects to receive CAD 1 million in funding Fieldex Exploration Inc. (TSXV:FLX) announced a private placement of 8,333,333 units at CAD 0.12 per unit for gross proceeds of CAD 999,999.96 on July 16, 2020. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of CAD 0.225 per share for a period of three years from the date of closing. The transaction is subject to TSX Venture Exchange approval. PowerOne Capital Markets Limited will act as finder in the transaction and will receive a fees of 8% in cash and 8% in finder's warrants, each exercisable for one unit at a price of CAD 0.12 for a period of three years from the completion of the closing. The transaction is expected to close on or before July 31, 2020. The common shares and warrants that are being issued will be subject to a four-month hold period. Aankondiging • Jul 17
Fieldex Exploration Inc. announced that it has received CAD 0.1 million in funding Fieldex Exploration Inc. (TSXV:FLX) announced a private placement of 1,000,000 units at CAD 0.10 per flow-through unit for the gross proceeds of CAD 100,000 on July 9, 2020. Each unit consists of one flow-through common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of CAD 0.15 per share until July 9, 2021. The transaction included participation from two strategic investors. The securities issued in the private placement are subject to a four-month hold period, expiring on November 10, 2020. 