New Risk • Jun 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.4m (US$9.57m) 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 No financial data reported. Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (375% increase in shares outstanding). Market cap is less than US$10m (CA$13.4m market cap, or US$9.57m). Announcement • Feb 26
Arctic Fox Lithium Corp. announced that it expects to receive CAD 3 million in funding Arctic Fox Lithium Corp. announces a non-brokered private placement to issue 12,500,000 units at a price of CAD 0.24 per Unit for gross proceeds of up to CAD 3,000,000 on February 25, 2026. Each Unit will consist of one common share (a “Share”) and one common share purchase warrant. Each Warrant will entitle the holder to acquire one additional Share at a price of CAD 0.315 per Share for a period of 24 months from the date of issuance. Finder’s fees may be payable in connection with the Offering. The securities to be issued pursuant to the Offering to purchasers in Canada will be subject to a four-month and one day hold period in Canada pursuant to applicable Canadian securities laws. Announcement • Feb 21
Arctic Fox Lithium Corp. (CNSX:AFX) completed the acquisition of Shipshaw Property, comprising of 2,685.73 hectares located in the Saguenay region of Quebec. Arctic Fox Lithium Corp. (CNSX:AFX) entered into an asset purchase agreement to acquire Shipshaw Property, comprising of 2,685.73 hectares located in the Saguenay region of Quebec for CAD 2 million on January 21, 2026. Pursuant to the terms of the agreement, Arctic Fox shall: (i) make a cash payment in the amount of CAD 0.060 million; (ii) issue an aggregate of CAD 10 million common shares in the capital of Arctic Fox to the vendors; and (iii) pay an additional CAD 0.040 million to the claim holder upon Arctic Fox conducting a secondary equity financing in excess of CAD 1 million. All payment shares will be subject to a twelve-month voluntary escrow provision (the “Escrow Period”), during which the vendors may not trade the payment shares.
The transaction is subject to approval by regulatory board / committee and consummation of due diligence investigation.
Arctic Fox Lithium Corp. (CNSX:AFX) completed the acquisition of Shipshaw Property, comprising of 2,685.73 hectares located in the Saguenay region of Quebec on February 19, 2026. 
