Announcement • Apr 17
Pacific Empire Minerals Corp. announced that it expects to receive CAD 4.5 million in funding Pacific Empire Minerals Corp. announces a non-brokered private placement to issue 46,153,846 Flow- Through shares at a price of CAD 0.065 per FT Share for gross proceeds of CAD 3,000,000 and up to 25,000,000 common shares of the Company at a price of CAD 0.06 per Share for gross proceeds of up to CAD 1,500,000 for aggregate gross proceeds of up to CAD 4,500,000 on April 17, 2026. Closing of the Offering is subject to all necessary approvals, including the approval of the TSX Venture Exchange. New Risk • Mar 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.1m free cash flow). Share price has been highly volatile over the past 3 months (44% average weekly change). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.93m). New Risk • Mar 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.1m free cash flow). Share price has been highly volatile over the past 3 months (44% average weekly change). Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$16.2m market cap, or US$11.8m).