New Risk • Apr 24
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 14% 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 Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$35.9m market cap, or US$26.3m). Announcement • Mar 20
Headwater Gold Inc. announced that it has received CAD 5.00018 million in funding from Centerra Gold Inc. On March 19, 2026. Headwater Gold Inc. announces that it has closed the transaction. It has issued 9,914,150 common shares of the Company at an issue price of CAD 0.58 per Common Share to raise gross proceeds of CAD 5,750,207 including the full exercise of the agent's option. The Offering included participation from returning investor Centerra Gold Inc. Announcement • Feb 27
Headwater Gold Inc. announced that it expects to receive CAD 5.00018 million in funding Headwater Gold Inc announced a private placement to issue 8,621,000 common shares at an issue price of CAD 0.58 for the proceeds of CAD 5,000,180 on February 27, 2026. In addition, the Company has granted the Agent an option, exercisable in whole or part, for a period up to and including the Closing Date to sell up to an additional 1,293,150 Common Shares at the Issue Price, for additional gross proceeds of up to approximately CAD 750,000. In consideration for the services rendered in connection with the Offering, the Company will pay to the Agent a cash fee equal to 6.0% of the gross proceeds of the Offering, pay to the Agent a corporate finance fee of CAD 75,000, CAD 37,500 of which will be paid in cash and CAD 37,500 of which will be paid in Common Shares. The Offering is expected to close on or about March 19, 2026 and is subject to the Company receiving all necessary regulatory approvals, including the approval of the Canadian Securities Exchange. Directors and officers of the Company may acquire securities under the Offering.