Announcement • May 01
Uranium One Mining Corp. announced that it expects to receive CAD 1.5 million in funding Uranium One Mining Corp. announced a non-brokered private placement of 2,500,000 non-flow-through units at a price of CAD 0.30 per unit for gross proceeds of CAD 750,000, and 2,500,000 flow-through units at a price of CAD 0.30 per unit for gross proceeds of CAD 750,000; for aggregate gross proceeds of up to CAD 1,500,000 on April 30, 2026. Each non-flow-through unit will consist of one common share of the company and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional share for a period of 12 months from the date of issuance at a price of CAD 0.50 per share. Each flow-through unit will consist of one common share of the company that qualifies as a flow-through share within the meaning of the Income Tax Act (Canada) and one common share purchase warrant. Each warrant will entitle the holder to acquire one share for a period of 12 months from the date of issuance at a price of CAD 0.50 per share. The private placement is non-brokered; however, the company may pay finders' fees to eligible arm's-length parties consisting of: (i) a cash commission of up to 8 per cent of the gross proceeds raised from subscribers introduced by such finders; and (ii) non-transferable finder warrants equal to up to 8 per cent of the number of non-flow-through units sold to such subscribers, with each finder warrant exercisable at CAD 0.50 per share for a period of 24 months from the date of issuance. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws. Completion of the private placement is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals. There can be no assurance that the private placement will be completed as proposed or at all. Announcement • Apr 24
Vanguard Mining Corp. (CNSX:UUU) completed the acquisition of Quark Uranium Ltd. Vanguard Mining Corp. (CNSX:UUU) entered into a share exchange agreement to acquire Quark Uranium Ltd. for CAD 1.8 million on April 10, 2026. Pursuant to the agreement, Vanguard will acquire all of the issued and outstanding common shares of Quark in consideration for: the issuance of an aggregate of 8 million common shares of Vanguard; and aggregate cash payments of CAD 0.2 million payable as directed by the shareholders.
The transaction remains subject to customary closing conditions, including but not limited to: (i) receipt of all required regulatory approvals, including approval of the Canadian Securities Exchange; (ii) completion of satisfactory due diligence by each party; (iii) the accuracy of representations and warranties; and (iv) the fulfillment of all covenants and obligations under the definitive agreement.
Vanguard Mining Corp. (CNSX:UUU) completed the acquisition of Quark Uranium Ltd. on April 22, 2026. New Risk • Apr 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.1m (US$9.55m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$3.0m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (146% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.1m market cap, or US$9.55m). Minor Risk Significant insider selling over the past 3 months (CA$813k sold).