New Risk • Jul 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.9m (US$9.85m) 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 Revenue is less than US$1m. Market cap is less than US$10m (CA$13.9m market cap, or US$9.85m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Jun 24
Arya Resources Ltd. Announces Board Changes Arya Resources Ltd. announced the appointment of Cathy Hume to its Board of Directors. Cathy Hume has built her career in Investor Relations, specializing in emerging companies, by recognizing their intrinsic needs from the perspective of a Toronto retail stockbroker, a position she held for 11 years. Cathy's integrity and approachable nature have built lasting business relationships and helped her IR portfolio grow exclusively through referrals since 1993. In 1990, she served on the audit committee of the University of Guelph's board of directors for six years. Years later, she was an instructor of Ryerson University's course 'Resource Valuation, Financing, and Investor Relations' offered by The Chang School of Business as part of its Certificate in Mining Management. She currently serves on the Program Advisory Committee for Seneca Polytechnic's Investor Relations - Financial Communications Program. She is also a mentor/judge in External Business for the Ted Rogers Leadership Centre. Cathy has volunteered over the years, supporting several not-for-profit organizations and professional associations. Ms. Hume has served multiple terms on the PDAC Board of Directors and was Co-Chair of Women in Mining Toronto. Arya Resources Ltd. further announced that Mr. J. Paul Sorbara has resigned from the Board of Directors of Arya Resources. Announcement • May 08
Arya Resources Ltd. announced that it has received CAD 2.635 million in funding On May 7, 2026, Arya Resources Ltd. announced that it has closed the oversubscription transaction. The company issued 100,000 flow through shares at a price of CAD 0.50 per share for gross proceeds of CAD 50,000 in its final tranche. In connection with this final tranche, the Company paid finder fees in the aggregate amount of CAD 3,500 in cash and issued 7,000 finder warrants exercisable into a common share at a price of CAD 0.50 per share for two years. All securities issued in the final tranche are subject to a hold period until September 7, 2026. In aggregate, the Offering comprised a total of 4,420,000 flow through shares at a price of CAD 0.50 per share (CAD 2,210,000), and 944,445 non-flow through shares at CAD 0.45 per share (CAD 425,000.25), for total gross proceeds of CAD 2,635,000.25. Aggregate finder fees were paid in the amount of CAD 152,250.03 in cash and 308,000 finder warrants exercisable into a common share at a price of CAD 0.50 per share for two years. All securities were subject to a 4 month hold period from the date of issuance. The Offering remains subject to the final approval of the TSX Venture Exchange.