New Risk • Jun 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 42% 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 (42% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$26.0m market cap, or US$18.3m). Announcement • Jun 22
Neotech Metals Corp. Receives Approval for $500,000 Critical Minerals Innovation Fund Grant Neotech Metals Corp. had been selected by the Critical Minerals Innovation Fund to receive $500,000 in non-dilutive funding to accelerate its metallurgical and processing test work. The program is part of a broader strategy to position the province as a reliable global supplier of responsibly sourced critical minerals and build fully integrated, made-in-Ontario supply chains. The $500,000 award represents the maximum grant available per project under the Critical Minerals Innovation Fund program. Funding is structured as non-dilutive, reimbursing 50% of qualified expenditures up to $1,000,000 in total program costs related to metallurgical, hydrometallurgical and processing test work on the Company's Hecla-Kilmer Rare Earth, Niobium and Phosphate Project in Northern Ontario. Hecla-Kilmer's intrusive, apatite hosted mineralization offers higher purity relative to many sedimentary phosphate sources, positioning the Project to potentially serve multiple high growth sectors simultaneously, including LFP battery feedstock, rare earth elements for the green energy transition, and critical minerals for defence applications. Further details on the scope of the test work program and associated results will be disclosed in future news releases. Ontario is doubling down on its leadership in the critical minerals sector, and the Critical Minerals Innovation Fund is a core component of this strategy. This investment will help advance innovative processing work at the Hecla-Kilmer REE, Niobium, and Phosphate Project and support the development of a domestic rare earth supply chain. By backing companies like Neotech Metals, Ontario is securing its place as a key supplier of the critical minerals essential for a modern, competitive, and self-reliant economy. The Critical Minerals Innovation Fund, together with the province's new $500 million Critical Minerals Processing Fund, are exactly the kind of support needed to convert that mineralogical advantage into a Made in Ontario critical minerals supply chain. Announcement • Jun 19
Neotech Metals Corp. announced that it has received CAD 3.080138 million in funding On June 1, 2026, Neotech Metals Corp. closed the transaction. The transaction consists of issuance of 4,199,422 non-flow through units of the Company at a price of CAD 0.28 per NFT Unit, for gross proceeds of $1,175,838.16, with each NFT Unit comprised of one common share of the
Company and one-half of one share purchase warrant and 4,882,820 flow-through units of the Company at a price of CAD 0.39 per FT Unit, for gross proceeds of CAD 1,904,299.8, with each FT Unit comprised of one common share that qualifies as a "flow-through share" as defined in the Income Tax Act (Canada) and one-half of one share purchase warrant entitling the holder to purchase one common share at a price of CAD 0.45 for a period of three years. The Company raised gross aggregate proceeds of CAD 3,080,137.96 through the offering. In connection with the financing, the Company paid finder's fees of CAD 5,382 and issued 13,800 non transferable finder's warrants to Canaccord Genuity Corp. Each Finder's Warrant entitles the holder thereof to acquire one (1) Share at any time for a period of three (3) years from the date of issuance at a price of CAD 0.45 per Share. The financing included an issuance of 25,500 FT Units to an insider of the Company for gross proceeds of CAD 9,945. 
