New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (CA$10.5m market cap, or US$7.72m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). New Risk • Feb 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.7m (US$9.28m) 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 Revenue is less than US$1m. Market cap is less than US$10m (CA$12.7m market cap, or US$9.28m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Announcement • Jan 27
Exploits Discovery Corp. Announces Management Changes Exploits Discovery Corp. announced that the company's Board of Directors (Board) has appointed Rod Husband as President of the company, following the resignation of Jeff Swinoga as President, Chief Executive Officer and Director, effective January 26, 2026. Rod Husband, who is currently a member of the Board of Directors of Exploits, is a Professional Geologist with over 40 years of global mining industry experience with a proven record of execution and value creation. Previously, as President and Chief Executive Officer of Majestic Gold Corp, he successfully led the company through project acquisition, exploration and resource development that culminated in construction and operation of a 3-million-ounce gold mine in China. He is also a founder of Cipher Research, providing independent geological and management consulting to mining companies and investors. He is a member of the Association of Professional Engineers and Geoscientists of British Columbia. The Company announced that Ken Tylee has retired as VP Exploration and Shanda Kilborn resigned as VP Corporate Development and Investor Relations.