New Risk • Jul 02
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 17% 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 (17% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.12m market cap, or US$2.20m). Board Change • Jun 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Chairman of the Board Matt Western Wood was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 16
Osiris One Metals Ltd Announces Board Changes Osiris One Metals Ltd. announced the appointment of Mr. Randall Thompson to the Board of Directors. Mr. Thompson is a senior mining executive with 40 years of experience working globally in the mining industry covering the full cycle of mining from exploration, construction, operations and reclamation. Mr. Thompson has served as Chief Operating Officer of Imperial Metals since 2022, having previously held the position of Vice President of Operations from 2018, and served on the Brixton Metals board from 2018 until recently. Previously, Mr. Thompson has held positions in Placer Dome, Barrick Gold, Goldcorp, and Equinox Minerals. In addition, Mr. Thompson has been appointed to and has advised multiple junior explorers and operators, including Rockhaven Resources. From 2012 to 2017, Mr. Thompson served as President and Chief Operating Officer of Huckleberry Mines Ltd., where he led the approximately USD 100 million expansion of the Huckleberry Mine. Prior to that, he served as Project Director for the construction of the USD 450 million Jabal Sayid copper mine in Saudi Arabia for Equinox Minerals. Mr. Thompson was involved in the optimization of operations at the Silvertip Mine in northern British Columbia prior to the acquisition of JDS Silver by Coeur Mining. His previous board experience further includes serving as a director of Minto Explorations in Yukon and the Mining Association of British Columbia. The company announced the resignation of Mr. Joseph Gallucci as a Director of the Company. 
