Announcement • Jul 18
Wayfinder Metals Corp. announced that it has received CAD 1.048535 million in funding from Winsome Investment Inc. and other investors On July 17, 2026, Wayfinder Metals Corp. closed the oversubscribed transaction. The company issued 8,737,795 units at an issue price of CAD 0.12 for gross proceeds of CAD 1,048,535.4. Certain insiders of the company, being directors and officers and companies controlled by them, participated in the offering, acquiring a total of 759,167 units. The transaction includes participation from returning investor, Winsome Investment Inc. for 1,941,892 common shares and 970,946 common shares purchase warrant for proceeds of CAD 233,027.04. All securities issued are subject to a hold period until November 16, 2026. In connection with the sale of these units, the company paid a total of CAD 28,141 in cash and issued 234,510 finder’s warrants to an eligible finder for certain of the units sold. Each finder’s warrant entitles the holder to purchase one (1) common share of the company at a price of CAD 0.12 per share, for up to two (2) years from the date of issuance. Immediately before the transaction Winsome Investment Inc. held 1,250,000 common shares of the company. Immediately following the transaction Winsome Investment Inc. held an aggregate of 3,191,892 common shares and 970,946 convertible securities of the company, representing approximately 14.87% of the issued and outstanding common shares of the company (or approximately 18.55% assuming exercise of such post-convertible securities only). Board Change • Jul 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director John Alcock was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director John Alcock was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.