New Risk • Mar 24
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 Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (CA$83.1m market cap, or US$60.4m). Announcement • Jan 31
Cancambria Energy Corp. announced that it has received CAD 3.27535 million in funding On January 29, 2026, Cancambria Energy Corp. closed the transaction. The company issued 8,188,375 units at a price of CAD 0.40 per Unit for gross proceeds of CAD 3,275,350. Each Unit is comprised of one common share and one share purchase warrant. Each Warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of CAD 0.50 per Warrant Share for a period of three years following the closing of the Offering. The Units, Shares, Warrants, and any Shares issued upon the exercise of the Warrants will be subject to a hold period of four months and one day, expiring May 30, 2026. The Company paid a cash finder's fee of CAD 156,924 and issued 392,310 non-transferable finder's warrants. Each Finder's Warrant entitles the holder to acquire one common share at a price of CAD 0.50 per Finder's Warrant Share, expiring January 29, 2029. Other than being non-transferable, each Finder's Warrant is otherwise on the same terms as the Warrants. The Units, Shares, Warrants, Warrant Shares, Finder's Warrants, and Finder's Warrant Shares are collectively referred to herein as the "Securities". Insiders of the Company participated in the Offering and purchased a total of 250,000 Units New Risk • Jan 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor 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 Risk No financial data reported. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (CA$52.9m market cap, or US$38.6m). 
