Announcement • Jun 20
Grizzly Discoveries Inc. announced that it has received CAD 0.349044 million in funding From June 16, 2026, to June 19, 2026, Grizzly Discoveries Inc. closed the transaction. The company has issued 4,525,292 units, 562,500 FT units, and 110,000 CMFT units for gross proceeds of CAD 349,044. In connection with the sale of 600,000 units, the company paid a cash finder's fee of CAD 2,340 and issued 36,000 finder warrants (with each finder warrant having the same terms as the warrants included in the units) to Canaccord Genuity Corp. In connection with the sale of 437,500 FT units and 110,000 CMFT units, the company paid a cash finder's fee of CAD 2,694 and issued 32,850 finder warrants to Raymond James Ltd. In connection with the sale of 384,000 units, the company paid a cash finder’s fee of CAD 1,498 and issued 23,040 finder warrants to Leede Financial Inc. In connection with the sale of 315,000 units, the company paid a cash finder's fee of CAD 1,229 and issued 18,900 finder warrants to Haywood Securities Inc. The common shares and any common shares issued on exercise of the warrants and finder warrants are subject to restrictions on trading for four months from the date of issuance, expiring on dates ranging from Oct. 17, 2026, to Oct. 20, 2026. The offering is subject to final acceptance of the TSX Venture Exchange. New Risk • Jun 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.79m) 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 Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 6.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.7m market cap, or US$9.79m). Announcement • May 15
Grizzly Discoveries Inc. announced that it expects to receive CAD 1.08 million in funding Grizzly Discoveries Inc. announced a private placement to issue of Units, FT Units, and CMFT for the proceeds of CAD 1,080,000 on May 13, 2026. The Offering consists of up to 12,307,693 Units and up to 3,076,924 of any combination of Units, FT Units and CMFT Units. Each Unit, priced at CAD 0.065 per Unit, shall consist of one common share of the Company ("Common Share") and one Common Share purchase warrant entitling the warrant holder to purchase an additional Common Share for CAD 0.12. Each FT Unit, priced at CAD 0.08 per FT Unit, shall consist of one Common Share and one half of one Common Share purchase warrant Each whole FT Unit Warrant shall entitle the holder to purchase an additional Common Share for CAD 0.12. Each CMFT Unit, priced at CAD 0.09 per CMFT Unit, shall consist of one Common Share and one half of one Common Share purchase warrant. Each whole CMFT Unit Warrant shall entitle the holder to purchase an additional Common Share for CAD 0.12. In connection with the Offering, the Company may pay finders fees payable in any combination of cash, and Warrants to registered broker dealers. The Offering is subject to acceptance of the TSX Venture Exchange