New Risk • Jul 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.30m market cap, or US$4.45m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Jul 07
Aben Gold Provides Update on 2026 Drill Program At the Justin Gold-Tungsten Project Aben Gold Corp. provided an update on the Company's fully funded 2026 exploration program at its 100%-owned Justin Gold-Tungsten Project, located in southeastern Yukon Territory. The 2026 program will focus on advancing two high-priority target areas identified through historical drilling, recent data compilation, and the Company's reassessment of historical tungsten assays at the project. In preparation for the 2026 exploration program, Aben has completed logistical planning and mobilization activities with key contractors to support the upcoming field season at the Justin Gold-Tungsten Project. Matrix Camps and Logistics has been engaged to refurbish and reactivate the existing exploration camp infrastructure - commencing July 15th. Axiom Exploration Group will provide geological, technical, and field support services for the program - commencing August 4th. Summit Air have been retained to provide helicopter transportation services - commencing August 4th. Skookum Exploration is contracted to complete drill pad construction and associated ground support activities - commencing August 4th. Empire drilling to conduct diamond drilling at the target zones for a planned total of 1,300 metres over 6 holes - commencing August 9th. Aben Gold will adhere to the mandatory work restrictions from June 15th - July 15th and September 15th – October 15th. Aben Gold is fully permitted with a 5-year Class 3 Quartz Program designation, and fully funded for all planned exploration activities in 2026. Diamond drilling completed in 2011 intersected: JN11009: 1.25 g/t Au over 60.0 m, including 2.47 g/t Au over 21.0 m. JN11010: 2.52 g/t Au and 29.53 g/t Ag over 12.0 m. Subsequent tungsten re-assays returned 0.25% WO3 over 12.0 m. The 2026 program will test continuity of mineralization between these discovery holes and evaluate the depth extent of the system. Additional drilling will test the area between JN11009/JN11010 and step-out hole JN12018 which returned: 88.5 metres of 0.73 g/t Au. A third priority target will test the area between the original discovery holes and JN12016, which returned: 5.6 m grading 4.12 g/t Au, including 2.6 m grading 8.20 g/t Au. 8.5 m grading 0.39% WO3, including 1.0 m grading 1.12% WO3. Lost Ace represents a distinct style of high-grade structurally controlled gold mineralization. A series of holes are planned here to test the vein below surface. Trench channel samples previously returned: 20.8 g/t Au over 4.4 m. 88.2 g/t Au over 1.0 m. New Risk • Jun 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% 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 Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.48m market cap, or US$4.55m).