Announcement • Jul 07
Kootenay Resources Inc. announced that it has received CAD 0.571225 million in funding On July 6, 2026, Kootenay Resources Inc. closed the transaction. The company issued 422,223 NFT Units at a price of CAD 0.09 per NFT Unit for gross proceeds of CAD 38,000.07 and 455,000 FT Units at a price of CAD 0.11 per FT Unit for gross proceeds of CAD 50,050 in its second and final tranche. Following completion of both tranches of the Private Placement, the Company issued an aggregate of 2,507,223 NFT Units at a price of CAD 0.09 per NFT Unit for gross proceeds of CAD 225,650.07 and 3,111,590 FT Units at a price of CAD 0.11 per FT unit for gross proceeds of CAD 342,274.9. The company raised total aggregate gross proceeds of CAD 567,924.97 under the offering. The Company also issued an aggregate of 5,618,813 Warrants, comprised of (i) 4,771,590 Warrants, each exercisable to acquire one Common Share at a price of CAD 0.15 until December 23, 2027, and (ii) 877,223 Warrants, each exercisable to acquire one Common Share at a price of CAD 0.15 until January 6, 2028. In connection with the Second Tranche, the Company paid cash finder’s fees of CAD 4,083 to certain eligible finders on a portion of the Private Placement, in accordance with the policies of the TSX Venture Exchange. The Private Placement remains subject to final acceptance of the TSX Venture Exchange. New Risk • Jun 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% 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 Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (CA$3.87m market cap, or US$2.73m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). Announcement • May 25
Kootenay Resources Inc., Annual General Meeting, Jul 23, 2026 Kootenay Resources Inc., Annual General Meeting, Jul 23, 2026. 
