Board Change • May 20
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Aleem Fidai is the most experienced director on the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Aankondiging • May 11
Cullinan Metals Corp., Annual General Meeting, Jul 10, 2026 Cullinan Metals Corp., Annual General Meeting, Jul 10, 2026. Aankondiging • Apr 15
Cullinan Metals Corp. announced that it has received CAD 0.63994 million in funding On April 13, 2026, Cullinan Metals Corp. has closed the transaction and issued 3,999,625 common shares at the price of CAD 0.16 per share for the gross proceeds of CAD 639,940. The company paid finders fees, in cash, in the amount of CAD 10,018 and received net proceeds of CAD 629,922. All the securities issued in the offering is subject to a hold period of 4 months and 1 day from date of issuance. Aankondiging • Apr 14
Cullinan Metals Corp. Announces Board Changes Cullinan Metals Corp. announced that Ms. Raylen Tamayo has joined the board of directors. Ms. Tamayo brings over 8 years of experience in finance and accounting, primarily within publicly listed companies. She began her career as an assurance and consulting associate at a top accounting firm and has since advanced through senior finance roles across a range of sectors. Her areas of expertise include IFRS compliance, financial reporting and management, control and process streamlining, as well as advisory services for initial public offerings (IPOs) and reverse takeovers (RTOs). Ms. Tamayo currently serves as a Manager at Zeus Accounting Solutions Corp., where she also holds Controller roles for several companies. She holds a Masters degree from the University Canada West, where she majored in Finance. Mr. Richard Ko has submitted his resignation from the board of directors of the Company and Cullinan thanks Mr. Ko for his years of services. Aankondiging • Mar 21
Cullinan Metals Corp. announced that it expects to receive CAD 0.4 million in funding Cullinan Metals Corp. announced a non-brokered private placement of 2,500,000 common shares at a price of CAD 0.16 per Share for gross proceeds of CAD 400,000 on March 19, 2026. The company can raise up to a further CAD 240,000 in excess capacity at the Company’s discretion. The Shares will be subject to a 4-month hold period in all selling jurisdictions, starting from the
Closing Date. Related parties may participate and the Company may pay finders’ fees to arm's length parties in consideration for introducing subscribers to the Offering. Completion of the Offering remains subject to the receipt of any required regulatory approvals, including the approval of the Canadian Securities Exchange. Aankondiging • Jan 09
Cullinan Metals Corp. Announces CFO Changes Cullinan Metals Corp. announced that John Bean has resigned as Chief Financial Officer of the Company, effective December 31, 2025. The Company further announced that Marc Enright-Morin, Chief Executive Officer, has assumed the role of Interim Chief Financial Officer, effective immediately, and will serve in this capacity until a permanent replacement is appointed. Aankondiging • Jan 09
Cullinan Metals Corp. announced that it expects to receive CAD 0.33 million in funding Cullinan Metals Corp announced a non-brokered private placement of up to 3,300,000 units at a price CAD 0.10 per unit for gross proceeds CAD 330,000 on January 7, 2025. Each Unit will consist of one post- Consolidation common share and one post-Consolidation common share warrant. Each Warrant will entitle the holder to acquire one Share at a price of CAD 0.10 per Share for a period of two years following closing of the Offering. Closing of the Share Consolidation and the Offering is subject to the approval of the Canadian Securities Exchange. All securities to be issued pursuant to the Offering will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws New Risk • Feb 23
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$1.3m 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$1.3m free cash flow). Share price has been highly volatile over the past 3 months (79% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€888.8k market cap, or US$962.4k). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). Aankondiging • Dec 20
Cullinan Metals Corp. announced that it has received CAD 0.207 million in funding On December 19, 2023, Cullinan Metals Corp. closed the transaction. The company issued 2,300,000 flow-through units at a price of CAD 0.09 per FT Unit for gross proceeds of CAD 207,000. Each FT Unit is comprised of one flow through common share and one-half of one transferrable non-flow-through common share purchase warrant. Each NFT warrant entitles the holder to acquire one non-flow-through common share at a price of CAD 0.12 per NFT Share for a period of two years from the closing date of the FT Offering. In connection with the FT Offering, the Company will pay a finder’s fee consisting of CAD 14,490 and 161,000 finder’s warrants. The Finder’s Warrants are non-transferable and exercisable at a price of CAD 0.12 per NFT Share for a period of two years from the closing date of the FT Offering. The securities issued under the FT Offering are subject to a statutory hold period of four months and one day in accordance with applicable securities legislation. Aankondiging • Oct 21
Cullinan Metals Corp. announced that it has received CAD 0.24 million in funding On October 20, 2023, Cullinan Metals Corp. closed the transaction. The company amended the terms of the transaction and issued 754,717 Quebec flow-through units at a price of CAD 0.265 per Quebec flow-through unit for gross proceeds of up to CAD 200,000 and 200,000 non-flow-through units at a price of CAD 0.2 per per unit for gross proceeds of up to CAD 40,000 for the aggregate gross proceeds of CAD 240,000. Aankondiging • Oct 13
Cullinan Metals Corp. announced that it expects to receive CAD 0.3 million in funding Cullinan Metals Corp. announced a non-brokered private placement to issue 943,397 Quebec flow-through units at a price of CAD 0.265 per Quebec flow-through unit for gross proceeds of up to CAD 250,000.205 and up to 250,000 non-flow-through units at a price of CAD 0.20 per unit for gross proceeds of up to CAD 50,000; aggregate gross proceeds of CAD 300,000.205 on October 12, 2023. Each Quebec flow-through unit consists of one flow-through common share and one-half of one transferrable non-flow-through common share purchase warrant. Each NFT Warrant entitles the holder to purchase one additional share at a price of CAD 0.40 per share for a period of 2 years following closing of the QC FT Offering. Each unit consists of one common share and one transferrable common share purchase warrant. Each Warrant entitles the holder to purchase one additional share at a price of CAD 0.30 per share for a period of 3 years following closing of the NFT Offering. The Company may pay finder’s fees as consideration for the services provided by finders in connection with the QC FT and NFT Offerings. Closing of the Offerings is expected to occur on or before October 18, 2023. All securities to be issued pursuant to the Offerings will be subject to a restricted hold period of four months and one day under applicable Canadian securities legislation. Aankondiging • Sep 28
Cullinan Metals Corp. announced that it has received CAD 0.052 million in funding Cullinan Metals Corp. announced a non-brokered private placement of 100,000 units at an issue price of CAD 0.52 per unit for the gross proceeds of CAD 52,000 on September 26, 2023. Each unit consists of one common share and one transferable common share purchase warrant. Each warrant entitles the holder to acquire one share at a price of CAD 0.70 per share for a period of sixty months from the date of closing of the offering. In the event that the shares trade at a price of CAD 1 and above for ten consecutive trading days, the company may, at its option, accelerate the warrant expiry date by providing notice to the warrant holders that the warrants will expire on the thirtieth day from the date of the acceleration notice. There is no finders fee paid in connection with the offering. The securities issued under the offering are subject to a statutory hold period of four months and one day in accordance with applicable securities legislation. Aankondiging • Sep 16
Cullinan Metals Corp., Annual General Meeting, Nov 29, 2023 Cullinan Metals Corp., Annual General Meeting, Nov 29, 2023. Aankondiging • Jul 25
Cullinan Metals Corp. Announces the Results of an Airborne Mag/TDEM Survey Conducted At Its Lac-Des-les West Graphite Property Cullinan Metals Corp. announced the results of an airborne MAG/TDEM survey conducted at its Lac-des-les West Graphite Property ("Lac-des-les" or the "Property"). The survey has revealed exciting findings that indicate significant potential for graphite mineralization. Particularly, two highly promising exploration targets, T1 and T2, have been identified north of the Lac des Iles graphite mine (the "LDI"), currently owned by Northern Graphite Corp. As the sole significant graphite producer in North America, the LDI graphite mine has been in operation for over 20 years and is expected to continue producing up to 15,000 tonnes per year of graphite concentrate over the next two to three years. The interpretation of the survey data highlights the influence of main structural trends in the north-south and northeast-southwest directions on the distribution of graphite-bearing mineralization within the Property. The areas with potentially high concentrations of graphite mineralization coincide with the geological contact between metasedimentary rocks and quartzites. These areas exhibit high magnetic susceptibility values and conductivity or EM responses (High Tau values). The survey findings demonstrate the potential of the Lac-des-les to host graphite mineralization in an extension of the LDI graphite deposit. The identified areas of interest, characterized by high magnetic gradients and EM conductivity, have been prioritized for further investigation and represent compelling opportunities for future graphite exploration. The comprehensive geophysical survey, executed in 2023, was conducted by Prospectair Geosurveys of Qubec, Canada, using a high-resolution heliborne magnetic (MAG) and time-domain electromagnetic (TDEM) survey technique. The survey covered a total of 252-line kilometers on the Property, utilizing advanced technology to identify shallow and deep geophysical targets and structures. Board Change • Jun 30
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Peter Born is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jun 14
Cullinan Metals Corp. announced that it has received CAD 0.25 million in funding On June 13, 2023, Cullinan Metals Corp. closed the transaction. In connection with the transaction, the company will pay finder’s fees consisting of CAD 15,000 and 37,500 finder’s warrants. The finder’s warrants are non-transferable and exercisable at price of CAD 0.4 per non-flow-through share for a period of two years from the closing date of the transaction. Aankondiging • Jun 08
Cullinan Metals Corp. announced that it expects to receive CAD 0.25 million in funding Cullinan Metals Corp. announced a non-brokered private placement of up to 625,000 flow-through Units at a price of CAD 0.40 per flow-through Unit for gross proceeds of up to CAD 250,000 on June 7, 2023. Each flow-through unit will be comprised of one flow through common share and one-half of one transferrable non-flow-through common share purchase warrant exercisable for one non-flow through common share at a price of CAD 0.60 per non-flow through Share for a period of two years from the closing date of the transaction. In the event that the Shares trade at a price of CAD 1.00 and above for ten consecutive trading days, the company may, at its option, accelerate the non-flow through warrant expiry date by providing notice to the non-flow through warrant holders by way of a news release that the non-flow through warrants will expire on the 30th day from the date of the acceleration notice. Finders’ fees may be paid in accordance with policies of the Canadian Securities Exchange. All securities to be issued under the transaction will be subject to a hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The closing of the transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Exchange. There can be no assurance that the transaction will be completed, whether in whole or in part. Aankondiging • May 12
Cullinan Metals Announces Completion of Airborne Geophysical Survey At Lac-Des-Iles West Graphite Project Cullinan Metals Corp. announced the successful completion of geophysical surveys at the Lac-des-Isles West graphite project. Airborne magnetic and time-domain electromagnetic geophysical surveys were conducted over the Property by Prospectair Geosurveys, a leading provider of airborne geophysics services. The Lac-Des-Iles property consists of 43 mineral claims in one contiguous block covering approximately 2,276 hectares land, near the town of Mont-Laurier in southern Québec. The claims are located adjacent to the north and west of the Lac des Iles Graphite Mine (LDI mine) previously owned by Imerys Graphite and Carbon, which has been in operation for over 20 years and is the only significant graphite producer in North America. Cullinan Metals property has excellent infrastructure support, road accessible, located 150 kilometres from Montreal, water, power and manpower available locally. In April 2023, Prospectair completed a total of 328 line-km of MAG and TDEM surveys over the Property. The survey was carried out with traverse lines oriented N106 to properly map the dominant magnetic/geological strike, and with a 100m line spacing. Control lines were flown perpendicular to traverse lines and at a 1000 m line spacing. The survey data is being processed and will be released as soon as available. Aankondiging • May 10
Cullinan Metals Corp. announced that it has received CAD 0.470002 million in funding On May 9, 2023, Cullinan Metals Corp. closed the transaction. The company amended the terms of the deal and issued 522,224 flow-through shares at a price of CAD 0.90 per flow-through share for gross proceeds of CAD 470,000. The company shall pay finders’ fees of CAD 28,200 to eligible finders in connection with the transaction. Aankondiging • May 05
Cullinan Metals Corp. announced that it expects to receive CAD 0.5 million in funding Cullinan Metals Corp. announced a non-brokered private placement of up to 555,556 flow-through shares at a price of CAD 0.9 per share for the aggregate gross proceeds of CAD 500,000 on May 3, 2023. Finders' fees may be paid in accordance with policies of the Canadian Securities Exchange. All securities to be issued under the flow-through shares offering will be subject to a hold period of four months plus a day from the date of issuance. The closing of the transaction is subject to the approvals of the receipt of all necessary regulatory and other approvals, including the approval of the Exchange. Board Change • Sep 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
