New Risk • Jan 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% 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 No financial data reported. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$23.4m market cap, or US$17.0m). Announcement • Jan 02
New Break Resources Ltd. Announces Retirement of Andrew Malim as A Director and as Chairman of the Board New Break Resources Ltd. at its AGM held on December 31, 2025, announced that Andrew Malim did not stand for re-election at the Meeting. Mr. Malim had served as a director and as Chairman of the Board since April 11, 2022. Announcement • Jan 01
New Break Resources Ltd. announced that it has received CAD 1.0098 million in funding On December 31, 2025, New Break Resources Ltd. closed the transaction. The company announced that it has issued 2,805,000 flow-through common shares at an issue price of 0.36 per FT Share for gross proceeds of CAD 1,009,800. . The Company will renounce such CEE to the purchasers of the FT Shares with an effective date of no later than December 31, 2025. The company paid CAD 36,720 in finder's fees in connection with the closing of the Offering. All securities issued and issuable pursuant to this private placement are subject to a statutory hold period of four months and one day expiring on May 1, 2026, in accordance with applicable Canadian Securities Laws. The completion of the Financing is subject to certain conditions including, but not limited to, the receipt of all required regulatory approvals including final approval of the Canadian Securities Exchange (the "CSE"). The transaction is oversubscribed.