New Risk • Apr 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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 (20% average weekly change). Negative equity (-CA$57k). Earnings have declined by 8.3% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.88m market cap, or US$4.25m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Apr 06
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 19% 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 (19% average weekly change). Negative equity (-CA$57k). Earnings have declined by 8.3% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$4.66m market cap, or US$3.34m). Announcement • Dec 30
Mosaic Minerals Corp. announced that it has received CAD 0.7866 million in funding On December 30, 2025, Mosaic Minerals Corp. closed the oversubscribed transaction. The oversubscribed offering consists of 6,008,571 flow-through units of the company at a price of CAD 0.07 per flow-through unit and 7,320,000 units at a price of CAD 0.05 per unit for a gross proceeds of $700,700. In connection with the offering, the company paid finders' fees of 8% in cash which is CAD 20,000 total and issued 285,714 finder warrants total to two arm-length intermediaries. Each finder warrant is exercisable to acquire one additional common share at a price of CAD 0.07 per warrant for a period of 24 months from issuance. All securities issued pursuant to the offering will be subject to a hold period of four months and one day ending on April 30, 2026. The placement is subject to final approval by the Canadian Securities Exchange. 
