Announcement • May 26
Showcase Minerals Inc. Appoints Ali Wasiliew to Vice President of Exploration, Effective May 26, 2026 Showcase Minerals Inc. announced the appointment of Ali Wasiliew, P.Geo, as Vice President of Exploration and Qualified Person for the company, effective May 26, 2026. Ali Wasiliew is a registered Professional Geoscientist in British Columbia with experience in both remote and brownfield mineral exploration projects across Western Canada. Ms. Wasiliew excels at integrating complex geological data and communicating technical information clearly and effectively. She has designed and managed remote exploration programs, led NI 43-101 technical reporting, and overseen compliance of multi-year geological databases. Most recently, Ms. Wasiliew served as Senior Geologist and Corporate Communications Manager at Enduro Metals Corp, focusing on porphyry discovery and project advancement at the Company's flagship property in British Columbia's Golden Triangle. In this role, she contributed to both technical exploration efforts and corporate communications, bridging geological interpretation with broader project messaging and stakeholder engagement. Ms. Wasiliew holds a Bachelor of Science in Geology from the University of Saskatchewan. New Risk • Feb 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major 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 No financial data reported. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Market cap is less than US$10m (CA$4.48m market cap, or US$3.28m). Minor Risk Share price has been volatile over the past 3 months (19% average weekly change). Announcement • Jan 31
Showcase Minerals Inc. announced that it has received CAD 0.21 million in funding On January 29, 2026, Showcase Minerals Inc. closed the transaction. The company issued 3,000,000 units at a price of CAD 0.07 per Unit for total gross proceeds to the Company of CAD 210,000. Each Unit consists of one common share and one three-year transferable share purchase warrant entitling the holder to acquire an additional common share for CAD 0.10. In connection with the private placement, the Company agreed to pay Research Capital Corp. a finder's fee of CAD 10,080 and 144,000 share purchase warrants with each warrant entitling the holder to acquire an additional common share of the Company for CAD 0.10 for a period of three years. The securities issued under the private placement are subject to a hold period under applicable securities laws in Canada expiring four months and one day from the closing date of the private placement.