New Risk • May 07
New major risk - Revenue and earnings growth Earnings have declined by 0.4% 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 0.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Announcement • Feb 11
K2 Gold Corporation announced that it has received CAD 25.25 million in funding On February 10, 2026, K2 Gold Corporation closed the transaction. The company issued 36,071,429 common shares at a price of CAD 0.7 per share for aggregate gross proceeds of CAD 25,250,000.3. The Company paid cash finder's fees, in compliance with the policies of the TSX Venture Exchange and applicable securities legislation, to the following arm's length finders in connection with subscriptions from subscribers introduced by them for a portion of the LIFE Offering: (i) CAD 256,200 to Haywood Securities Inc.; (ii) CAD 700,000 to ATB Capital Markets Corp.; and (iii) CAD 315,000 to Canaccord Genuity Corp. Announcement • Jan 29
K2 Gold Corporation announced that it expects to receive CAD 15 million in funding K2 Gold Corporation announced a non-brokered private placement to issue 21,428,572 common shares at an issue price of CAD 0.70 for the proceeds of CAD 15,000,000.4 on January 28, 2026. Closing of the offering is expected to occur as soon as practicable. The company may pay finders' fees in connection with the offering to eligible arm's-length finders in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Completion of the offering is subject to certain customary closing conditions, including, but not limited to, receipt of all necessary regulatory approvals, including any applicable approval of the TSX-V. 
