New Risk • Jul 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$7.40m market cap, or US$5.23m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Announcement • Jun 13
Golden Sky Minerals Corp. Receives Government Notification Of Advancing Infrastructure Near Lucky Strike Property Golden Sky Minerals Corp. has received formal notification from the Government of Yukon’s Land Management Branch regarding Newmont’s land application (#2024-2200) for borrow pit sites along the Northern Access Route (NAR). This application supports the construction of an all-season road from Dawson City to the Coffee Gold Project. The footprint of this application overlaps five Golden Sky quartz claims (YE78662, YF06681, YF06641, YF06642, YF06644) which form part of Golden Sky Mineral’s 150 km Lucky Strike Property, located in the heart of the Yukon’s White Gold District. The Northern Access Route will transform the exploration economics at Lucky Strike by enabling road access to a currently helicopter-supported project. Road access significantly reduces reliance on helicopters, reducing mobilization and support costs. Expanded seasonal operational windows and more frequent work programs are now viable. The project is now directly tied into a corridor that includes Newmont’s 3.8 Moz (3.0 Moz Au M&I and 0.8 Moz Inferred) Coffee Gold Project, recently acquired by Fuerte Metals Corp., and White Gold Corp.’s portfolio to the north. Infrastructure buildout enhances long-term value of Golden Sky’s dominant land position in the White Gold District. The NAR is widely viewed as a transformative infrastructure investment for the region, enabling year-round vehicle access to multiple projects in a historically underexplored gold belt. Golden Sky supports this initiative and submitted formal comments to the Land Management Branch before the May 29, 2026, deadline. These communications will emphasize the Company's support for infrastructure development while requesting appropriate coordination with the road construction contractor, Cobalt Construction Inc., to minimize any temporary disruptions to the Company's exploration activities. Supporting documents for the Coffee Project and Northern Access Route are available on the YESAB Online Registry. New Risk • May 28
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 Less than 1 year of cash runway based on free cash flow trend (-CA$594k free cash flow). Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$6.32m market cap, or US$4.56m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). 
