New Risk • Jul 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.9m (US$9.86m) 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$1.4m free cash flow). Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.9m market cap, or US$9.86m). Announcement • Jul 28
Radius Gold Provides Portfolio Update on High-Grade Amalia and Holly Gold-Silver Projects Canada Radius Gold Inc. provided a status update on its Amalia project in Mexico and Holly project in Guatemala. These high-grade epithermal gold-silver assets demonstrate significant exploration potential, with multiple open zones, historic high-grade intercepts, and an established Inferred Resource at Holly. Radius maintains ongoing discussions with its partners and communities and remains focused on advancing value for shareholders across its portfolio. Amalia Group Concessions, Mexico In June 2017, Radius signed an option agreement on the Amalia property in Mexico. The property had some minor artisanal workings but, to our knowledge, it was never previously explored or drilled. In June 2018 Radius granted Pan American Silver the option to earn an initial 65% interest in the Amalia Project by making cash payments to Radius totalling US$1.5 million and spending US$2 million on exploration over four years. Pan American also had the right to earn an additional 10% by advancing the project to pre-feasibility; that right has since expired. It was agreed that Radius would initially act as project operator. In December 2018 Radius made a significant discovery on the Amalia Project, intersecting 26 m @ 7.08 g/t Au and 517 g/t Ag in hole AMDD18-09 (approximate true width). Radius continued as operator throughout most of 2019, intersecting several other high-grade intervals in this epithermal system. In late 2019 Pan American assumed operatorship and, over the following years increased the drilling on the properties to a total of 23,058 m in 67 drill holes. Several new discovery zones were identified. One of the last holes reported by the JV for Amalia was AMDD22-066 at the El Cuervo target in August 2022, which returned 13.55 m @ 10.25 g/t Au and 841 g/t Ag, including 5.65 m @ 19.16 g/t Au and 1,560 g/t Ag (approximate true widths). Pan American completed all required cash payments and exploration expenditures to earn its 65% interest. Since the fall of 2022 no further material work has been conducted on these properties. Radius continues to have a 35% interest in the properties. Discussions with Pan American remain ongoing as the Company seeks to realize appropriate value for its shareholders. Holly Gold-Silver Project, Guatemala In May 2020 Radius optioned its holdings in Guatemala to Volcanic Gold Mines. Under the terms of the option, Volcanic had the right to earn a 60% interest in the properties by spending US$7.0 million on exploration of certain of the properties within 48 months from the date drilling permits were granted. Volcanic completed the earn-in in August 2024, and Radius now holds a 40% joint venture interest with Volcanic. In July 2021 Radius and Volcanic announced a discovery at the Holly property in Guatemala with hole HDD-21-003 returning 10.65 m @ 5.29 g/t Au and 256 g/t Ag. Volcanic continued drilling at Holly, making some very high-grade intercepts including significant results in later holes (e.g. 4.57 m @ 54.24 g/t Au and 3,925 g/t Ag in hole HDD-21-27 in February 2022). However, shortly after that release, the social licence to drill at Holly was lost, with demonstrations against mining becoming a regular affair in the area of Holly. Volcanic invested considerable time and resources engaging with local communities and officials to highlight the potential benefits of responsible mining development. However, progress was slower than anticipated, and a small but vocal anti-mining group gained influence, ultimately resulting in the loss of social licence to drill at Holly. The project hosts a high-grade epithermal gold-silver system with multiple vein structures. Holly's Peña vein hosts Inferred Mineral Resource of 1.32 Mt at 6.46 g/t Au and 256 g/t Ag. The effective date of the Mineral Resource Estimate is June 7, 2022, and a Technical Report on the Holly property is filed on the Company's website and SEDAR+. Today in Guatemala regional mining activity continues to advance. The commencement of construction at Aura Minerals' Era Dorada underground mine, 40 km south of Holly, highlights renewed development momentum within the district. Volcanic and Radius continue to actively engage with local communities and stakeholders to regain social licence and advance the project. The Company and its partner believe there is significant potential at the Holly project and remain committed to unlocking value from this high-grade epithermal system. Announcement • Jun 25
Radius Gold Inc., Annual General Meeting, Sep 03, 2026 Radius Gold Inc., Annual General Meeting, Sep 03, 2026.