New Risk • Apr 02
New major risk - Revenue and earnings growth Earnings have declined by 1.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$1.2m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 1.1% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.5m market cap, or US$9.70m). New Risk • Nov 26
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$1.2m 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$1.2m free cash flow). Share price has been highly volatile over the past 3 months (28% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.78m market cap, or US$4.12m). Announcement • Sep 27
First Lithium Minerals Corp. announced that it has received CAD 0.075 million in funding On September 26, 2025, First Lithium Minerals Corp closed the transaction. The company issued 937,500 flow through shares at a price of CAD 0.08 for aggregate gross proceeds of CAD 75,000. Finders' fees were paid, totaling CAD 2,450 of cash and 30,625 finders' warrants, with each finder's warrant exercisable into a common share at an exercise price of CAD 0.08 per share for 18 months. insiders of the company purchased 500,000 flow-through shares. The participation by the insider constitutes a related party transaction within the meaning of the policies of the Canadian Securities Exchange and Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. All securities issued under the offering will be subject to a hold period expiring four months and one day from the date of the closing. 
