Announcement • Apr 23
Sherpa Ii Holdings Corp. Completes Drill Program At Ec Target on the Bakar Property Sherpa II Holdings Corp. has announced the successful completion of its initial drilling program at the EC Target on its Bakar Property, located on northern Vancouver Island, British Columbia. The program consisted of two diamond drill holes, each completed to a depth of approximately 402 meters, for a total of 804 meters drilled. The campaign was designed to test coincident geochemical, geophysical and geological anomalies identified through previous exploration work at the EC Target. Drilling intersected variable widths of weak to moderate alteration along with narrow intervals of weak sulphide (pyrite, chalcopyrite) mineralization. While the sulphide occurrences were limited in width and intensity, the presence of alteration and sulphide mineralization provides valuable geological information that will help refine the Company’s exploration model and guide any possible future work programs. All scientific and technical information in this news release has been prepared by, or approved by Garrett Ainsworth, PGeo, Advisor to the Company. Mr. Ainsworth is a qualified person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Announcement • Nov 18
Sherpa II Holdings Corp., Annual General Meeting, Jan 20, 2026 Sherpa II Holdings Corp., Annual General Meeting, Jan 20, 2026. Location: british columbia, vancouver Canada New Risk • Nov 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor 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 Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$4.34m market cap, or US$3.10m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). 
