New Risk • Mar 29
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$1.8m 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$1.8m free cash flow). Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 54% per year over the past 5 years. Shareholders have been substantially diluted in the past year (64% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$16.9m market cap, or US$12.1m). Announcement • Jan 14
Decade Resources Ltd. Provides Results of Its Exploration Program on the Nobody Knows Portion of the Company's Copper River (Terrace) Properties Decade Resources Ltd. is providing results of its exploration program on the nobody Knows portion of the Company's Copper River (Terrace) properties. The Copper River project consists of 59 contiguous minerals claims totaling 28,723.18 hectares formed by the Treasure Mountain, Dardanelle, nobody Knows (6,870.79 ha) and Excelsior claims. It is underlain by a complex boundary zone between two prominent tectonic assemblages: the volcanic island-arc assemblage of the Stikinia Terrane in the east and the intrusive rocks of the Coast Plutonic Complex (Cretaceous-Tertiary) to the west. Sampling in the 2024 field season led to the discovery of the high-grade gold-silver-base metal bearing boulders associated with high arsenic, bismuth and cobalt values along a logging road in the SE portion of the claim (1060251). These boulders ranged from pebble size to pieces up to 0.6 m in size located in 2 main areas 200m apart along spur logging roads. Vis Visible gold was noted in several cut rock samples of this mineralization. The Company conducted geochemical surveys in 2025 in order to locate the source. The Company conducted geochemical survey in 2025 in order to located the source. "Contin continued exploration in 2025 indicates that the gold-silver-base metal rich rocks are composed of sulphides, quartz and muscovite. Thin section studies indicate that the boulders are quartz-muscovite with arsenopyrite, pyrite and sphalerite with lesser chalcopyrite and minor galena. In the examined samples no lowor high temperature minerals were detected indicating the alteration/mineralization observed in these samples can be classified as mesothermal. Based on the analysis to date the discovered boulders are interpreted to be similar to an intrusive related gold deposit mineral type which are known to have enhanced bismuth and cobalt. These types of deposit are characterized by their association with felsic igneous rocks which are present on the property. The presence of these elements in these types of deposits indicates a significant mineralization process that has enhanced value and potential. The Company is excited about locating an area that appears to contain the source of these boulders. The following claim map shows the location of the boulders relative to the claim holdings as well as the location of a highly anomalous silt sample from the 2025 field program. Announcement • Nov 25
Decade Resources Ltd. announced that it has received CAD 1.17 million in funding On November 24, 2025, Decade Resources Ltd. closed the transaction. The company announced that it has issued 24,250,000 flow-through units were issued on a private placement basis at a price of CAD 0.04 per unit, for aggregate gross proceeds of CAD 970,000 and A total of 5,000,000 non-flow-through units were issued on a private placement basis at a price of CAD 0.04 per unit, for aggregate gross proceeds of CAD 200,000; aggregate gross proceeds of CAD 1,170,000. Each unit comprised one flow through common share and one transferable non flow through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.06 per share, for a 24- month period and Each unit comprised one non flow through common share and one transferable non flow through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of CAD 0.06 per share, for a 36-month period. All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring March 22, 2026, in accordance with applicable securities laws. In consideration for introducing certain subscribers to the private placement, the company paid cash finder's fees totaling CAD 86,800 and issued 2,170,000 warrants at CAD 0.06 to the finders. The warrants are exercisable for a 24-month period and expire on November 21, 2027. 
