Announcement • 21h
General Copper Gold Corp. announced that it expects to receive CAD 1.5 million in funding General Copper Gold Corp. announced private placement to issue 30,000,000 units at a price of CAD 0.05 for gross proceeds of CAD 1,500,000 on May 5, 2026. Each unit shall be comprised of common share in the capital of the Company and one-half of one common share purchase warrant. Each whole common share purchase warrant shall entitle the holder thereof to acquire a common share in the capital of the Company at a price of CAD 0.10 per share for a period of 12 months. All of the securities to be issued under the private placement will be subject to a four-month resale restriction. The Company may pay up to a 6% cash finder’s fee on a portion of the private placement to eligible persons seeking subscribers to the offering, all in accordance with applicable securities laws and the transaction is subject to regulatory approvals.
policies of the CSE. New Risk • Jan 29
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$530k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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$48k free cash flow). Share price has been highly volatile over the past 3 months (39% average weekly change). Negative equity (-CA$530k). Earnings have declined by 1.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.33m market cap, or US$983.2k). Board Change • Sep 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director Garry Clark was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 02
General Copper Gold Corp., Annual General Meeting, Oct 27, 2025 General Copper Gold Corp., Annual General Meeting, Oct 27, 2025. Location: british columbia, vancouver Canada Board Change • Jul 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director Garry Clark was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director Garry Clark was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 12
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director Garry Clark was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director Garry Clark was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director Garry Clark was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 25
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$105k 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$105k free cash flow). Share price has been highly volatile over the past 3 months (38% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.33m market cap, or US$923.8k). Announcement • Sep 19
General Copper Gold Corp. Reassesses Historical Drill Hole General Copper Gold Corp. announced the relogging of a previously drilled holes and infilled samples sent for assay at its Topley Richfield Project in British Columbia. The decision to re-examine drill hole was made as part of the Company's efforts to maximize exploration data and enhance its understanding of mineralization. New zones of interest were identified during the relogging that were not previously sampled. A total of 156 new samples were taken outboard of previous identified ‘zones’ in favourably altered peripheral shears. Chalcopyrite was noted that was not previously sampled and has been submitted for assay. The samples have been submitted to ALS Geochemistry-Kamloops for geochemical analysis, with assay results expected soon. These results will help guide the next steps in advancing the Topley Richfield Project, aligning with General Copper Gold's mission of unlocking the full potential of its exploration assets. Announcement • Aug 30
General Copper Gold Corp. announced that it expects to receive CAD 0.5 million in funding General Copper Gold Corp. announced a non-brokered private placement of 10,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 500,000 on August 29, 2024. Each unit will consist of one common share and one common share purchase warrant exercisable at CAD 0.10 for two years from the date of issue. All securities issued under the private placement will be subject to a four-month resale restriction from the date of issuance. The completion of the private placement remains subject to the approval of the Canadian Securities Exchange. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director Garry Clark was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Feb 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.2% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$88k free cash flow). Shares are highly illiquid. Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.33m market cap, or US$991.1k). Minor Risk Shareholders have been diluted in the past year (8.2% increase in shares outstanding). New Risk • Nov 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.2% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$914k free cash flow). Shares are highly illiquid. Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.71m market cap, or US$2.71m). Minor Risk Shareholders have been diluted in the past year (8.2% increase in shares outstanding). Announcement • Nov 08
General Copper Gold Corp., Annual General Meeting, Dec 29, 2023 General Copper Gold Corp., Annual General Meeting, Dec 29, 2023. Announcement • Feb 09
General Copper Gold Corp. Announces First Drill Holes of Previously Untested IP Intersects Copper Mineralization General Copper Gold Corp. announced the results of its initial three diamond drill holes on the Topley Richfield property (the "Property"), which confirms the interpretation of its Induced Polarization ("IP") survey. With significant intersections of high grade copper, the IP had identified threetargets, none of which have been explored previously. Target 1 indicates that it lies on strike to the Topley shaft mineralization. Target 2 is a conductive feature west of the shaft that is unexplained and may relate to a large circular body. Target 3 is a linear anomaly southwest of shaft.All three holes of this initial program successfully intersected the identified structure of Target 1, which remains open in all directions, along strike and down dip. The structure appears to be an altered shear zone, with significant quartz along with pyrite and pyrrhotite veins and chalcopyrite. Announcement • Oct 22
General Copper Gold Corp., Annual General Meeting, Dec 20, 2022 General Copper Gold Corp., Annual General Meeting, Dec 20, 2022. Announcement • Sep 27
General Copper Gold Corp. Commences Diamond Drilling Program At Topley General Copper Gold Corp. announce that it has commenced diamond drilling on its Topley Richfield property (the "Property"), located approximately 100 km southeast of Smithers, British Columbia in the Omineca Mining Division. The Property's location near the Township of Topley allows for year-round access for heavy equipment via the Granisle Highway off the Yellowhead Highway. General Copper Gold has selected the drill targets on the basis of the deep seeing induced polarization ("IP") survey program completed and processed in 2021, undertaken in order to identify additional Au-Ag-Cu-Pb-Zn mineralization. The survey identified three high priority targets, all of which will be explored and evaluated for the first time. Modelling of target one indicates that it lies on strike to the Topley shaft mineralization. Target two is a conductive feature west of the shaft that is unexplained and may relate to a large circular body. Target three is a linear anomaly southwest of shaft that has never been drill tested. Each target will be tested by 2-3 diamond drill hole determined on the initial visual results. Samples for assay will be taken of prospective mineralization. This initial phase of the program is expected to be 2000 metres. Board Change • Oct 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Mike Curtis was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 19
General Gold Resources Inc. Receives All Drilling Permits Needed to Commence Its Current Clark's Brook Exploration Program General Gold Resources Inc. announced that it has received all drilling permits needed to commence its current Clark's Brook exploration program. The Clark's Brook property is comprised of 31 claim units in central Newfoundland and surrounded on three sides by the Queensway Project, currently being explored and drilled by New Found Gold Corp. The Clark's Brook property consists of claims originally staked in 2016, covering two auriferous showings first discovered in 2003. As part of the earlier geological mapping and prospecting program, discoveries were made at both the Clark's Brook East ("CBE") and West ("CBW") zones. On the CBE gold zone, seven representative grab samples were attained, each comprised of material from several mineralized boulders that assayed between 2.98g/t and 24.5g/t gold with an average of 7.93g/t gold. The CBW gold zone discovery was first made in mineralized boulders returning 8.9g/t and 9.28g/t gold. The gold mineralization on the CBE area occurs in moderately to strongly silicified siltstones brecciated by a network of thin, commonly vuggy quartz veins. Boulders at the site, ranging from 0.5 to 2m3 in size, host 15-25% vein material with trace to minor pyrite and arsenopyrite. Grab samples range between 0.25g/t and 24.5g/t, with elevated silver, molybdenum, arsenic and antimony. The underlying bedrock contains less mineralization and silicification with smaller and less concentrated vein material but still carries gold mineralization to 1.3g/t gold. At the CBW zone, grab samples of outcrop and boulders returned assays ranging from anomalous to 9.28g/t gold with anomalous values in silver, lead, zinc and cadmium.