New Risk • May 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.4m free cash flow). Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.0m market cap, or US$11.1m). New Risk • Mar 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.9m (US$9.99m) 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 Earnings have declined by 9.8% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.9m market cap, or US$9.99m). Announcement • Jan 22
Radius Gold Inc. Provides an Update on Its Exploration Activities and Project Portfolio in Peru, Mexico and Guatemala Radius Gold Inc. provided an update on its exploration activities and project portfolio in Peru, Mexico and Guatemala. Tierra Roja Copper Project, Peru; Radius continues to advance permitting activities at the Tierra Roja copper project in southern Peru. The technical review for access has been approved by the Regional Government of Arequipa (GREM), representing a key milestone in the permitting process. Project documentation is currently being processed by the Superintendencia de Bienes Nacionales (SBN) for evaluation of surface rights and issuance of a Temporary Surface Use Permit. Upon completion, Radius expects to have all required approvals in place, including access authorization, Ficha Tecnica Ambiental (FTA), archaeological clearance and drill contracts, enabling application to GREM for the Authorisation to Commence Activities. The exploration team has completed logistical and technical preparations, with multiple drill targets defined for testing once permits are granted. Amalia Gold Silver Project - Chihuahua, Mexico. Between 2019 and 2022, Radius and joint venture partner Pan American Silver Corp. completed 67 drill holes for 23,058 meters of diamond drilling at the Amalia Project, defining high-grade gold-silver mineralization at the Amalia and El Cuervo zones. Further significant drill intercept were reported in the last drill holes (eg August 30, 2022, AMDD-066 13.55M @ 841 g/t Ag and 10.25 g/t Au) and remain open to expansion along strike and down dip. Along the 6 km strike of the system multiple targets remain untested. Pan American held the right to earn 65 % interest under an existing option agreement. As operator Pan American Silver suspended work on the property during merger negotiations with Yamana in 2022. Radius continues discussions with Pan American with the objective of agreeing a pathway forward for the Amalia gold-silver project that appropriately reflects the value of the Amalia asset to Radius's shareholders. Holly Gold Silver Project - Guatemala. In Guatemala, regional mining activity continues to advance, providing a positive backdrop for the Holly gold-silver project. Radius holds a 40% interest in the Holly project through a joint venture with Volcanic Gold Mines Inc. The project hosts a high-grade epithermal gold-silver system with multiple vein structures. Holly's Pena vein hosts inferred resources of 1.32Mt at 6.46 g/t Au and 256 g/t Ag. The effective date of the Mineral Resource Estimate is June 7, 2022 and a Technical Report on the Holly property is filed on the Company's website and SEDAR+. The commencement of construction works at Aura Minerals' Era Dorada underground mine, 40km south of Holly highlights renewed development momentum within the district. The Era Dorada gold deposit hosts over 3 million ounces in Measured and Indicated (M&I) resources. Regional Portfolio Activity and Strategic Positioning. Radius continues to evaluate new gold, silver and copper opportunities in Mexico, Peru and Chile. Two projects are currently in advanced stages of technical review and commercial due diligence. 
