Announcement • Mar 30
McLaren Resources Inc. announced that it has received CAD 0.6625 million in funding On March 28, 2026, McLaren Resources Inc. closed the transaction. The company issued 1,600,000 units at an issue price of CAD 0.05 for the proceeds of CAD 80,000 in its final tranche. In connection with the final closing of the financing, McLaren paid CAD 5,600 in finders' fees to Ventum Financial Corp. and CAD 800 to Stephen Avenue Securities Inc. New Risk • Mar 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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 (27% average weekly change). Negative equity (-CA$260k). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.56m market cap, or US$5.57m). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding). Announcement • Mar 05
McLaren Resources Inc. announced that it expects to receive CAD 0.75 million in funding McLaren Resources Inc announced a non-brokered private placement to issue 15,000,000 units at an issue price of CAD 0.05 for the proceeds of CAD 750,000 on March 5, 2026. Unit consisting of one common share and one common share purchase warrant exercisable at a price of CAD 0.10 per common share for a period of 24 months from the date of issuance.
On the same day company issued 11,650,000 units for the proceeds of CAD 582,500. In connection with the financing, company paid CAD 2,200 in finders fees to Stephen Avenue Securities Inc.,104,000 Common Share Units to Haywood Securities Inc. and to Accilent Capital Management Inc. a finder's fee of 400,000 Common Share Units of the Company.