New Risk • Mar 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 48% per year over the past 5 years. Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$18.7m market cap, or US$13.6m). Board Change • Dec 24
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). President & Chairman Conrad Swanson is the most experienced director on the board, commencing their role in 1996. Independent Director Malcolm Dorsey was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Nov 27
CopAur Minerals Inc. to Update Current Kinsley Mountain Geology and Mineralization Model CopAur Minerals Inc. reported that the company has contracted APEX Geoscience Ltd. of Edmonton, AB to begin work to integrate the results of approximately 20,000 meters of reverse circulation and diamond core drilling completed in 2020 and 2023 into the existing Kinsley Mountain geology and mineralization model. Kinsley hosts current mineral resources of 418,000 indicated ounces at 2.63 g/t gold and 117,000 inferred ounces at 1.51 g/t gold, (a total of 535,000 ounces Indicated & Inferred) which include 302,000 ounces averaging 6.11 g/t gold within the high-grade Western Flank Zone. Near surface oxide intercepts from the 2020/23 drill programs, as previously reported, include: 9.83 g/t gold over 7.6 metres within a broader zone grading 2.88 g/t Au over 36.6 metres in KMR20-030 at Mine Pit North located 75 metres north of the existing resource pit shell. 2.22 g/t Au over 25.9 metres; including 4.2 g/t Au over 10.7 metres in KMR23-03 at Main Pit North outside the resource pit shell. 1.77 g/t gold over 25.3 metres in KMD20-07B, a new surface oxide discovery at Secret Spot. 
