New Risk • Aug 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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 Share price has been highly volatile over the past 3 months (44% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.75m market cap, or US$2.73m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Apr 24
Aurwest Resources Corporation announced that it has received CAD 0.260645 million in funding On April 23, 2025, Aurwest Resources Corporation closed the transaction. The company announced that it has issued 2,250,668 flow-through shares at a price of CAD 0.03 per FT Share for gross proceeds of CAD 67,520.04 and 7,725,000 Conventional Units (“Conventional Units”) at a price of CAD 0.025 per Conventional Unit for gross proceeds of CAD 260,645.04. Each FT Share consists of one flow-through common share and Each Conventional Unit consists of one common share and one common share purchase warrant (each, a “Warrant”) with each Warrant entitling the subscriber to purchase one additional Common Share at a price of CAD 0.05 per Common Share for a period of 24 months from the date of issuance subject to the Company. The Company has paid CAD 6,388.50 in finder’s fees to Ventum Financial Corp., Leede Financial Inc. and Raymond James Ltd. pursuant to the Offering (a 7% cash commission). A total of three Insiders participated in the Offering, acquiring a total of 1,800,000 Units for gross proceeds CAD 45,000. Closing of the Offering is subject to the Company receiving approvals from the Canadian Securities Exchange (“CSE”). All securities sold under the Offering will be subject to a four month and one day hold period. Announcement • Mar 28
Aurwest Resources Corporation announced that it expects to receive CAD 0.3 million in funding Aurwest Resources Corporation announced a non-brokered private placement to issue 3,333,333 flow-through shares at an issue price of CAD 0.03 for gross proceeds of CAD 99,999.99 and 8,000,000 conventional units at an issue price of CAD 0.025 for gross proceeds of CAD 200,000 for aggregate proceeds of CAD 299,999.99 on March 27, 2026. Each conventional unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the subscriber to purchase one additional common share at a price of CAD 0.05 per common share for a period of 24 months from the date of issuance. Closing of the offering is subject to the company receiving all customary approvals including those from the Canadian Securities Exchange. All securities sold under the offering will be subject to a four month and one day hold period. The offering will be made in all the provinces of Canada, except Québec, including the United States and other international jurisdictions. Closing of the private placement is expected to occur on or about the week of April 8, 2026. 
