Announcement • May 02
Goldstorm Metals Corp. announced that it has received CAD 7 million in funding On April 30, 2026, Goldstorm Metals Corp. closed the transaction. The company issued (i) 5,991,600 units HD units at a price of CAD 0.20 per HD Unit for gross proceeds of CAD 1,198,320 (ii) 11,673,666 flow through units at a price of CAD 0.24 per FT Unit for gross proceeds of CAD 2,801,679.84 and (iii) 9,677,420 charity flow through units at a price of CAD 0.31 per Charity FT Unit for gross proceeds of CAD 3,000,000.2. The company raised total aggregate gross proceeds of CAD 7,000,000.04. Each HD Unit is comprised of one common share of the Company and one-half of one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 0.30 per Common Share for a period of 36 months following the closing of the Offering. Each FT Unit and Charity FT Unit is comprised of one Common Share and one-half of one Warrant both to be issued as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act"). In connection with the Offering, the Company paid to certain finders a cash commission of CAD 285,355 and issued 1,305,520 non-transferable finder warrants (the "Finder Warrants"). Each Finder Warrant
entitles the holder to acquire one HD Unit at a price of CAD 0.20 per HD Unit for a period of 36 months following the date of issuance. The Finder Warrants and HD Units issuable upon exercise of the Finder Warrants are subject to a statutory four-month hold period, pursuant to applicable Canadian securities laws. An insider of the company participated in the transaction and acquired an aggregate of 100,020 HD Units in the Offering. The Offering is subject to the final approval of the TSXV. New Risk • Mar 22
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 15% 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$1.9m free cash flow). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$20.7m market cap, or US$15.1m). New Risk • Dec 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.94m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$1.7m free cash flow). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.7m market cap, or US$9.94m). Minor Risk Share price has been volatile over the past 3 months (19% average weekly change). 
