New Risk • Jun 11
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 13% 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 1.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • May 31
New major risk - Revenue and earnings growth Earnings have declined by 1.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Announcement • May 22
King Copper Discovery Corp. Appoints Harp Gosal as Director of Capital Markets & Communications King Copper Discovery Corp. announced the appointment of Harp Gosal as Director of Capital Markets & Communications. Ms. Gosal brings over a decade of experience in investor relations and corporate communications for publicly listed mining and resource companies operating within the global mining and metals sector. Most recently, Ms. Gosal served in investor relations and communications roles at NexGen Energy Ltd., where she contributed to the company’s global communication and engagement strategy surrounding the advancement of the Rook I Project, one of the world’s largest high-grade uranium discoveries.Ms. Gosal also supported corporate communications and investor relations engagement initiatives at Founders Metals during a period of significant exploration advancement at the Antino Gold Project in Suriname.Prior to her roles at NexGen Energy and Founders Metals, Ms. Gosal held positions across client relations, strategic communications, and stakeholder engagement, including Deans Knight Capital, TED Conferences, WealthBar, and The Leukemia & Lymphoma Society of Canada. In 2025, Ms. Gosal was awarded the King Charles III Coronation Medal in recognition of her outstanding service, leadership, and meaningful contributions to the Canadian community.Ms. Gosal holds the Certified Professional in Investor Relations (CPIR) designation and will lead King Copper’s communication and stakeholder engagement initiatives as the Company continues to progress the Colquemayo Project. 
