Announcement • Aug 09
Marksmen Energy Inc. announced that it expects to receive CAD 1.2 million in funding Marksmen Energy Inc. announced a non-brokered private placement of up to 10,000,000 common shares at a price of CAD 0.12 per Common Share for gross proceeds of CAD 1,200,000 on August 7, 2026. The company announced an over allotment option at the discretion of the company of up to CAD 180,000 (the “Offering”). There is no minimum Offering. Marksmen may pay a cash finder's fee to registered dealers of up to 8% of the gross proceeds of the Offering (up to CAD 96,000). In addition to the accredited investor exemption described below, the Offering is being offered to all of the existing shareholders of Marksmen who are permitted to subscribe pursuant to the Existing Security Holder Exemption. This offer is open until September 22, 2026 or such other date or dates as the Company determines and one or more closings are expected to occur, with the first closing anticipated for on or about August 25, 2026. The aggregate acquisition cost to a subscriber under the Existing Security Holder
Exemption cannot exceed CAD 15,000 unless that subscriber has obtained advice from a registered investment dealer regarding the suitability of the investment. The Common Shares are also being offered pursuant to other available prospectus exemptions, including sales to accredited investors. Unless the Company determines to increase the gross proceeds of the Offering, if subscriptions received for the offering based on all available exemptions exceed the maximum Offering amount of CAD 1,200,000 then they will be allocated pro rata among all subscribers qualifying under all available exemptions. Completion of the Offering is subject to regulatory approval including, but not limited to, the approval of the TSX Venture Exchange. The Common Shares issued will be subject to a four month hold period from the date of the closing of the Offering. Insiders of the Company may participate in the Offering. Board Change • Aug 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Peter Weichler was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 05
Full year 2025 earnings released: CA$0.16 loss per share (vs CA$0.34 loss in FY 2024) Full year 2025 results: CA$0.16 loss per share (improved from CA$0.34 loss in FY 2024). Revenue: CA$74.5k (down 77% from FY 2024). Net loss: CA$823.5k (loss narrowed 51% from FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. 
