Announcement • Jul 22
Fidelity Minerals Corp. announced that it has received CAD 1.532 million in funding On July 21, 2026, Fidelity Minerals Corp. closed the transaction. The company issued 4,500,000 units at CAD 0.20 per Unit for gross proceeds of approximately CAD 900,000 in its second and final tranche of the transaction. The Company has issued a total 7,660,000 Units for gross proceeds of approximately CAD 1,532,000 inclusive of the first tranche closing and second tranche closing. Each Unit consists of one common share and one-half transferable share purchase warrant with each whole Warrant exercisable into one additional Share at CAD 0.30 per Share until July 20, 2028. The total Units issued in the private placement, 711,500 Units were subscribed by management. In connection with the second tranche, the Company paid cash finders’ fees of CAD 37,800 and issued 189,000 broker warrants with each Broker Warrant exercisable into one additional Share at CAD 0.30 per Share until July 20, 2028. The securities issued under the Private Placement, the Broker Warrants, and the Shares issuable upon exercise of the Warrants and Broker Warrants are subject to a statutory hold period expiring on November 21, 2026. Announcement • May 05
Fidelity Minerals Corp. announced that it expects to receive CAD 2.5 million in funding Fidelity Minerals Corp announced a non-brokered private placement to issue 12,500,000 units at a price of CAD 0.20 for the proceeds of CAD 2,500,000 on May 4, 2026. Each unit will consist of one common share and one-half warrant, with each full warrant exercisable into one additional common share at CAD 0.30 for a period of 24 months after the closing date. The Company intends to pay finders' fees to eligible finders, in accordance with applicable securities laws and the policies of the TSX Venture Exchange (“TSXV”). The Financing is subject to approval of the TSXV, and all securities issued under the Financing will be subject to statutory hold periods expiring four months and one day from the date of closing of the Financing. New Risk • Apr 02
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$652k 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$652k free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Shareholders have been substantially diluted in the past year (84% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.81m market cap, or US$4.19m).