New Risk • 16h
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.0m (US$9.34m) 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$13.0m market cap, or US$9.34m). Recent Insider Transactions • Feb 12
Interim Independent Chairman recently bought CA$50k worth of stock On the 5th of February, Cyrus Driver bought around 500k shares on-market at roughly CA$0.10 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Cyrus has been a buyer over the last 12 months, purchasing a net total of CA$64k worth in shares. Announcement • Feb 06
Noram Lithium Corp. announced that it has received CAD 1.0675 million in funding On February 5, 2026, Noram Lithium Corp. closed the transaction. The company announced that it has closed its previously announced non-brokered private placement financing through the issuance of 10,675,000 units at an issue price of CAD 0.10 per unit for gross proceeds of CAD 1,067,500. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at a price of CAD 0.15 per share for a period of 36 months from the date of issuance. Certain insiders of the Company participated in the Offering, collectively subscribing for CAD 175,000 and receiving an aggregate of 1,750,000 Units. In connection with the Offering, the Company paid aggregate cash finder’s fees of CAD 35,550 and issued an aggregate of 355,550 finder’s warrants. Each finder’s warrant entitles the holder to purchase one common share at a price of CAD 0.15 per share for a period of 36 months from the date of issuance. No new control persons were created as a result of the Offering. The Offering remains subject to final acceptance of the TSX Venture Exchange.