Announcement • Jun 03
Skeleton Coast Uranium Corp., Annual General Meeting, Jul 28, 2026 Skeleton Coast Uranium Corp., Annual General Meeting, Jul 28, 2026. Location: british columbia, vancouver Canada New Risk • Apr 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 349% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-CA$1.5m). Shareholders have been substantially diluted in the past year (349% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$22.4m market cap, or US$16.3m). Announcement • Apr 13
Skeleton Coast Uranium Corp. announced that it has received CAD 5 million in funding On April 13, 2026, Skeleton Coast Uranium closed the transaction. In connection with completion of the Offering, the Company paid finder’s fees of CAD 138,301.89 and issued 1,024,458 non-transferable finder’s warrants (the “Finder Warrants”) to certain arms-length parties who introduced subscribers to the Offering. The Finder Warrants are exercisable on the same terms as the Warrants. All securities issued in connection with the Offering are subject to restrictions on resale until August 11, 2026, in accordance with applicable securities laws. The Offering included subscriptions from four insiders of the Company in the aggregate amount of 1,100,000 Units 
