Announcement • Jun 30
Lighthouse Gold Inc. Announces Appointment of Evangelos (Gelly) Gnissios to its Advisory Board Lighthouse Gold Inc. announced the appointment of Evangelos (Gelly) Gnissios to the Company's Advisory Board. Mr. Gnissios is a seasoned entrepreneur, business strategist and capital markets professional with extensive experience advising growth-stage companies across the natural resources, technology and innovation sectors. He holds an Executive MBA from Warwick Business School (London) and has served as a director, board advisor and senior executive for multiple public and private companies. Mr. Gnissios served as Chair of the Board, and President and CEO of Guyana Frontier Mining Corp., one of the companies that previously explored the Sardine Hill-Mariwa Gold District. Through that involvement, he developed firsthand knowledge of the geological potential, historical exploration programs and strategic significance of the district that hosts Lighthouse's recently acquired Sardine Hill Gold Property. As a member of Lighthouse's Advisory Board, Mr. Gnissios will provide strategic guidance to management as the Company advances its growing portfolio of gold exploration assets in Guyana, including the Sardine Hill Gold Property and Aurora NW Project. The formation of Lighthouse's Advisory Board is intended to strengthen the Company's technical, strategic and capital markets capabilities as it advances exploration programs and evaluates additional growth opportunities within Guyana's rapidly emerging gold sector. Announcement • Jun 17
Lighthouse Gold Inc. (CNSX:LGHT) entered into a binding letter of intent to acquire a 100% interest in Mariwa/Sardine Hill - Lower Cuyuni Gold Property in Guyana for $4.43 million. Lighthouse Gold Inc. (CNSX:LGHT) entered into a binding letter of intent to acquire a 100% interest in Mariwa/Sardine Hill - Lower Cuyuni Gold Property in Guyana for $4.43 million on June 15, 2026. The consideration consists of a US$100,000 non-refundable cash deposit, a US$150,000 cash payment upon signing a definitive agreement, the issuance of 35,000,000 common shares, and annual cash payments of US$200,000 for four years, totaling US$800,000. Upon completion of the required payments and the share issuance, subject to a 1.0% Net Smelter Return Royalty (NSR), which Lighthouse Gold Corp. has the right to repurchase for US$4,000,000.
The transaction remains subject to completion of satisfactory due diligence, execution of a Definitive Agreement, regulatory approvals and acceptance by the Canadian Securities Exchange. New Risk • May 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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$557k free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$61k). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (CA$197k sold). Market cap is less than US$100m (CA$29.1m market cap, or US$21.4m). 
