Announcement • May 26
First Atlas Resources Corp. announced that it expects to receive CAD 2.00004 million in funding First Atlas Resources Corp. announces that it has has entered into an agreement with Research Capital Corporation., as sole underwriter and sole bookrunner to issue bought deal private placement offering of 28,572,000 units of the company at a price of CAD 0.07 per unit for aggregate gross proceeds of CAD 2,000,040 on May 25, 2026. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share of the company at an exercise price of CAD 0.09 at any time on or before that date that is 36 months from the issuance thereof, subject to adjustment in certain circumstances. The underwriter has also been granted an option, exercisable in full or in part up to 48 hours prior to the closing date, to sell up to an additional 4,285,800 units at the issue price for additional gross proceeds of up to CAD 300,006. The offering is scheduled to close on or about the week of June 8, 2026, or such other date as the company and the underwriter may agree. Completion of the offering is subject to certain closing conditions, including the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange. The underwriter will receive a cash commission of 8% of the aggregate gross proceeds of the offering and such number of broker warrants as is equal to 8% of the number of units sold under the offering. Announcement • Apr 29
LaFleur Minerals Inc. (CNSX:LFLR) entered into an arm’s-length agreement to acquire McKenzie East Gold Project from First Atlas Resources Corp. (CNSX : HHE) for CAD 0.14 million. LaFleur Minerals Inc. (CNSX:LFLR) entered into an arm’s-length agreement to acquire McKenzie East Gold Project from First Atlas Resources Corp. (CNSX : HHE) for CAD 0.14 million on April 28, 2026. Under the terms of the agreement, LaFleur will acquire a 100% interest in the McKenzie East Gold Project through a cash payment of CAD 30,000 and the issuance of 175,000 common shares of LaFleur Minerals Inc. to the Vendor, subject to exchange approval. New Risk • Apr 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.3m (US$8.95m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$2.4m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 7.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (122% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.3m market cap, or US$8.95m).