New Risk • Jun 26
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$77k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.61m market cap, or US$2.54m). Minor Risk Significant insider selling over the past 3 months (CA$77k sold). New Risk • Jun 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.61m market cap, or US$2.54m). Announcement • Jun 10
Lodestar Metals Corp. Completes Maiden Drill Program At Gold Run Project Lodestar Metals Corp. had its common shares approved for trading on the OTCQB Market, and it has completed its maiden drill program at the Gold Run Project, with assay results currently being analyzed. Lodestar has now successfully completed its maiden drill program at Gold Run, comprising 18 RC holes for a total of 2,820 metres. The program tested four key prospects identified through favourable IP geophysics and surface geochemistry anomalies, supported by significant historical drilling along strike. Assay results will be released once received and reviewed, with findings expected to inform follow-up drilling and broader exploration planning at the Project. Leo Horn, a Qualified Person, as defined by NI 43-101, and a director to the Company, has reviewed and approved the scientific and technical information contained in this news release.