Announcement • May 06
Boba Mint Holdings Ltd. announced that it expects to receive CAD 0.5 million in funding Boba Mint Holdings Ltd. announces a non- brokered private placement of a minimum of 2,500,000 common shares and a maximum of 5,000,000 common shares, at an issue price of CAD 0.10 per share, for gross proceeds to the Company of a minimum of CAD 250,000 and a maximum of CAD 500,000 on May 4, 2026. The Offering may close in one or more tranches. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of the CSE. The securities issued pursuant to the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. Announcement • Apr 29
Boba Mint Holdings Ltd., Annual General Meeting, Jun 25, 2026 Boba Mint Holdings Ltd., Annual General Meeting, Jun 25, 2026. New Risk • Mar 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$2.1m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Negative equity (-CA$4.0m). Earnings have declined by 49% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$4.22m market cap, or US$3.09m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding).