Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. CEO, President & Director Mike Allen was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% 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 Share price has been highly volatile over the past 3 months (27% average weekly change). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.42m market cap, or US$6.03m). Announcement • Nov 19
StrikePoint Gold Inc. announced that it has received CAD 3.119619 million in funding On November 18, 2025, StrikePoint Gold Inc closed the transaction. The company announced that it has 20,797,460 units at a price of CAD 0.15 per Unit for gross proceeds of CAD 3,119,619. Each Unit consists of one Common Share and one Common Share purchase warrant of the Company. Each Warrant entitles the holder to purchase one Common Share at an exercise price of CAD 0.30 at any time on or before November 18, 2027. In connection with the LIFE Offering, the Company paid finder's fees in the total amount of CAD 161,416.50 and issued 1,076,110 non-transferable warrants (the "Finder Warrants"). Each Finder Warrant entitles the holder thereof to purchase one common share in the capital of the Company at a price of CAD 0.30 at any time on or before November 18, 2027, which will be subject to a statutory hold period expiring four months and one day from the date of closing. The LIFE Offering closing remains subject to several prescribed conditions, including, without limitation, approval of the TSX-V. Insiders of the Company subscribed for a total of 199,460 Units for aggregate gross proceeds of CAD 29,919. No new insiders were created, nor any change of control occurred, as a result of the LIFE Offering closing. 
