New Risk • Apr 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.93m) 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 Shareholders have been substantially diluted in the past year (388% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.93m). Announcement • Apr 02
Gold Runner Exploration Inc. announced that it has received CAD 3.1 million in funding On April 1, 2026, Gold Runner Exploration Inc. closed the transaction. The company issued 154,931 Critical Minerals Exploration Tax Credit (“CMETC”) flow-through units at a price of CAD 1.45 per FT Unit for gross proceeds of CAD 224,649.95 and 1,983,000 charity flow-through Units at a price of CAD 1.45 per Charity FT Unit for gross proceeds of CAD 2,875,350 for total aggregate gross proceeds of CAD 3,099,999.95. Each Unit is comprised of one common share (“Common Share”) of the Company and one Common Share purchase warrant, with each Warrant entitling the holder thereof to acquire one Common Share of the Company at a price of CAD 1.50 per Common Share for a period of 36 months from the date of issuance. Pursuant to the Offering, the Company paid finder’s fees to Leede Financial Inc., Research Capital Corp. Canaccord Genuity Corp. and Haywood Securities Inc. consisting of an aggregate of CAD 44,387.16 in cash and 42,837 broker warrants, with each broker warrant exercisable for a period of 36 months from the date of issuance at a price of CAD 1.50 per Common Share. Closing of the Offering remains subject to regulatory approvals, including approval of the Canadian Securities Exchange (the “Exchange”). Announcement • Mar 11
Gold Runner Exploration Inc. announced that it expects to receive CAD 1.5 million in funding Gold Runner Exploration Inc. announced a non-brokered private placement financing to issue Critical Minerals Exploration Tax Credit flow-through units (“CMETC”) (“FT Units”) at a price of CAD 1.45 and Charity Flow-Through Units (“Charity FT Units”) at a price of CAD 1.45 for total aggregate gross proceeds of CAD 1,500,000 on March 10, 2026. Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant, and each Warrant will entitle the holder thereof to acquire one Common Share of the Company at a price of CAD 1.50 per Common Share for a period of 36 months from the date of issuance. The Company reserves the right to increase the size of the Offering, subject to the approval of the Canadian Securities Exchange. The securities issued under the Offering will have a hold period expiring four months and one day from the date of issuance pursuant to applicable Canadian securities laws. Closing of the Offering remains subject to regulatory approvals, including approval of the CSE. The Company may pay finder’s fees to eligible arm’s-length third parties on gross proceeds of the Offering, consisting of 6% cash and/or 6% broker warrants, with each broker warrant exercisable for a period of 36 months from the date of issuance at a price of CAD 1.50 per Common Share. 
