Announcement • Jul 15
Auric Resources Corp. announced that it expects to receive CAD 0.2 million in funding Auric Resources Corp announced a non-brokered private placement to issue 4,000,000 common shares at an issue price of CAD 0.05 for gross proceeds of CAD 200,000 on July 14, 2026. The offering is subject to certain closing conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional listing approval of the TSX Venture Exchange and the applicable securities regulatory authorities. The offering is being made by way of private placement in Canada, in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended, and in such other jurisdictions as may be determined by the company. The shares issued under the offering will be subject to a hold period expiring four months and one day from the closing date of the offering. The company anticipates paying finders' fees to eligible parties who have assisted in introducing subscribers to the offering. Any finder's fees payable will be in accordance with the policies of the TSX-V. The company anticipates that certain insiders of the company will participate in the offering. New Risk • Nov 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 95% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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$732k free cash flow). Shares are highly illiquid. Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (95% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.51m market cap, or US$1.79m). Announcement • Jun 17
Auric Resources Corp., Annual General Meeting, Aug 14, 2025 Auric Resources Corp., Annual General Meeting, Aug 14, 2025. Location: british columbia, vancouver Canada 
