Board Change • 15h
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CEO & Director Sam Wong is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 29
Cross River Ventures Corp. announced that it has received CAD 5.8 million in funding On July 28, 2026, Cross River Ventures Corp. closed the transaction. The company issued (i) 3,758,768 FT common shares at a price of CAD 0.325 per FT Share for gross proceeds of CAD 1,221,599.6 and (ii) 18,313,600 non-flow-through common shares at a price of CAD 0.25 per Non-FT Share for gross proceeds of CAD 4,578,400 for total aggregate gross proceeds of CAD 5,799,999.6. In connection with the Concurrent Financing, the Company paid certain arm’s length finders (each, a “Finder”) aggregate finder’s fees of CAD 118,803 in cash. All securities issued in the Concurrent Financing are subject to a hold period expiring four months and one day from the closing date of the Concurrent Financing in accordance with applicable securities laws and Exchange policies. Following closing of the Transaction, including the Concurrent Financing and the Option Grant, the Company has: (i) 45,353,041 common shares issued and outstanding; (ii) 6,500,000 common shares reserved for issuance upon exercise of 6,500,000 Scotia Lithium Share purchase warrants outstanding; and (iii) 1,175,000 common shares reserved for issuance upon exercise of 1,175,000 options outstanding. Announcement • Jul 16
Cross River Ventures Corp. announced that it expects to receive CAD 5.8 million in funding Cross River Ventures Corp. has announced a non-brokered private placement to issue 4,615,384 Flow-through Shares at the price of CAD 0.325 per FT share for the gross proceeds of CAD 1,499,999.8 and 17,200,000 Non-Flow-through common shares at the price of CAD 0.25 per NFT share for the gross proceeds of CAD 4,300,000 for total aggregate of CAD 5,799,999.8 on July 15, 2026. All securities issued in the Concurrent Financing will be subject to a hold period expiring four months and one day from the closing date of the Concurrent Financing in accordance with applicable securities laws and Exchange policies. Closing of the Financing is expected to occur on or about July 27, 2026. None of the securities to be issued pursuant to the Transaction or the Concurrent Financing have been or will be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and any securities issued pursuant to the Transaction or Concurrent Financing are anticipated to be issued in reliance upon available exemptions from such registration requirements pursuant to Rule 506(b) of Regulation D and/or Section 4(a)(2) of the U.S. Securities Act and applicable exemptions under state securities laws. In addition, the securities issued under an exemption from the registration requirements of the U.S. Securities Act will be “restricted securities” as defined under Rule 144(a)(3) of the U.S. Securities Act and will contain the appropriate restrictive legend as required under the U.S. Securities Act. 
