New Risk • May 05
New major risk - Revenue and earnings growth Earnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$2.0m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (108% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.75m market cap, or US$4.96m). Recent Insider Transactions Derivative • Mar 19
Chief Executive Officer & Director exercised options to buy CA$141k worth of stock. On the 13th of March, Mason Granger exercised options to buy 1m shares at a strike price of around CA$0.11, costing a total of CA$129k. This transaction amounted to 110% of their direct individual holding at the time of the trade. Since June 2025, Mason's direct individual holding has increased from 475.00k shares to 2.15m. Company insiders have collectively bought CA$270k more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Nov 30
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$2.1m 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$2.1m free cash flow). Shareholders have been substantially diluted in the past year (328% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.56m market cap, or US$4.70m). Minor Risk Share price has been volatile over the past 3 months (19% average weekly change). Announcement • Nov 11
Oregen Energy Corp., Annual General Meeting, Dec 03, 2025 Oregen Energy Corp., Annual General Meeting, Dec 03, 2025. Location: vancouver Canada Announcement • Oct 23
Oregen Energy Corp Announces Board Changes Oregen Energy Corp. announced the appointment of Christopher Pitman to its Board of Directors, effective October 23, 2025. Concurrently, the Company announces the resignation of Ken Brophy from the Board, effective September 30, 2025. The Company thanks Mr. Brophy for his dedicated service and contributions to the Company and wishes him all the best in his future endeavors. Christopher has been instrumental in leading and executing exploration and development projects across Africa having been the CEO of three private and public companies with assets in Africa. With more than four decades of hands-on experience, he has also worked with PGS on multi-client 2D/3D seismic campaigns, advanced geological-geophysical understanding and advised on resource delineation and structural risk. His work in African basins means he brings strong field-based experience navigating technical, operational and regulatory challenges in less-mature jurisdictions a key advantage for our growth-oriented exploration investment strategy. Christopher will provide our board with seasoned perspective on license evaluation, seismic interpretation, reservoir modelling and the emerging frontier geology that we are targeting. Christopher holds Bachelor of Science (BSc) from Prifysgol Aberystwyth University in Geology and a Masters (MSc) in Sedimentology from the University of Reading and is chartered as a Fellow of the Geological Society (FGS). He is a qualified person (QP) and competent person (CP) under both current mining and petroleum guidelines, reinforcing his credibility in technical disclosures. New Risk • Sep 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.82m) 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (323% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.82m). Board Change • Aug 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Max Sali was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 06
Supernova Metals Corp. (CNSX:SUPR) entered into a non-binding letter of intent to acquire an additional 25.20% stake in Block 2712A located in the Orange Basin, offshore Namibia from Oregen Corp. Supernova Metals Corp. (CNSX:SUPR) entered into a non-binding letter of intent to acquire an additional 25.20% stake in Block 2712A located in the Orange Basin, offshore Namibia from Oregen Corp. on May 4, 2025. Upon completion, Supernova Metals Corp. will own 33.95% stake in Block 2712A located in the Orange Basin, offshore Namibia.
The Letter of Intent does not bind the Company to complete a transaction, nor have final terms for a transaction been determined yet. Completion of the proposed acquisition of target remains subject to a number of conditions, including, but not limited to, completion of due diligence, negotiation of definitive documentation and the receipt of any required regulatory approvals. The acquisition cannot be completed until these conditions are satisfied, and there can be no assurance that the acquisition will be completed at all. New Risk • Apr 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.5m (US$9.75m) 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$66k free cash flow). Negative equity (-CA$48k). Shareholders have been substantially diluted in the past year (117% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.5m market cap, or US$9.75m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). Announcement • Apr 17
Supernova Metals Corp. Announces Chief Executive Officer Changes, Effective April 16, 2025 Supernova Metals Corp. announced the appointment of Mason Granger as its new Chief Executive Officer, effective April 16, 2025. Mason brings a lengthy and distinguished career in the energy sector with over 20 years of capital markets experience including portfolio management of both public and private oil and gas assets. He is demonstrated top performer as a five-time winner of the Brendan Wood International TopGun Investment Mind as well as a Canadian Lipper Fund Award and has established thought leadership in both oil and gas as well as ESG, sustainability and energy transition. His diverse career experience has spanned process engineering in oil and gas and power generation to portfolio management and equity research. Mason is a Professional Engineer (P.Eng.) registered in the province of Alberta and holds a Bachelor of Applied Science (BASc) from Queens University in Engineering Chemistry, a Master of Business Administration (MBA) from the Rotman School of Management at the University of Toronto, and is a CFA Charterholder. Sean McGrath, former CEO, will remain on the Board of Directors. New Risk • Mar 16
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$48k 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$66k free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Negative equity (-CA$48k). Shareholders have been substantially diluted in the past year (110% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$14.4m market cap, or US$10.0m). Announcement • Mar 14
Supernova Metals Corp. Announces Board Changes Supernova Metals Corp. announced that Tim O'Hanlon Joins Strategic Advisory Board,effective immediately. Armed with his Civil Engineering degree from University College Dublin, Irishman Tim OHanlon joined Schlumberger which served as his earliest introduction to the oil business. Following post-graduate studies in Reservoir Engineering at Imperial College London, he became a member of the founding team of Irish start-up Tullow Oil in the mid 1980s. From the outset, this exciting and ambitious explorer/producer focused on Africa, operating oil and gas opportunities which had proved non-commercial for the IOC Majors. During these early years at Tullow, Tim lived in Senegal heading up the company's onshore, oil &gas, production business cash-cow, splitting his time between wearing coveralls/hard-hat and a suit/tie. More recently as Vice President for Africa, Tim was central to Tullows rapid expansion across the Mother Continent involving ground-floor licence negotiations, the velvet acquisitions of Energy Africa and Hardman and finally Tullows fabled frontier exploration of some of Africas more remote interior basins. During these years Tim was more likely to be found in the Ministerial waiting rooms of Brazzaville or Bujumbura than Tullow HQ or the oil company data rooms of Houston or London. Over the course of Tims 33 years at the company - during which he was widely known as Tullows Monsieur Afrique - Tim has visited all but one of Africas 54 countries (Djibouti) and negotiated with dozens of Africas Heads of State. Since retiring from Tullow in 2020, Tim has been advising Africa-focused explorer/producer Panoro Energy on its growth ambitions across the Continent as well as being involved with start-ups in the African power and forestry sectors. Board of Directors: Supernova announced that Dr. Kent Ausburn has resigned from the Company's Board of Directors effective today. Company thanks Kent for his services and wish him well in his future endeavours. New Risk • Feb 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 110% 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$244k free cash flow). Shareholders have been substantially diluted in the past year (110% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.0m market cap, or US$9.13m). Announcement • Feb 01
Supernova Metals Corp. (CNSX:SUPR) completed the acquisition of NamLith Resources Corp. Supernova Metals Corp. (CNSX:SUPR) signed a definitive share exchange agreement to acquire NamLith Resources Corp for CAD 3.75 million on January 3, 2025. The consideration consists of 15 million common equity of Supernova Metals Corp. to be issued for common equity of NamLith Resources Corp.
No changes to the board of directors or management of the Company are anticipated in connection with completion of the Transaction. No finder's fee is payable in connection with completion of the Transaction. The transaction is subject to approval by regulatory board. Completion of the Transaction remains subject to a number of conditions, including NamLith having outstanding liabilities which do not exceed CAD 0.07 million ($0.05 million) at the time of closing. The Consideration Shares are subject to restrictions on resale.
Supernova Metals Corp. (CNSX:SUPR) completed the acquisition of NamLith Resources Corp on January 31, 2025. Announcement • Jan 07
Supernova Metals Corp. (CNSX:SUPR) signed a definitive share exchange agreement to acquire NamLith Resources Corp for CAD 3.75 million. Supernova Metals Corp. (CNSX:SUPR) signed a definitive share exchange agreement to acquire NamLith Resources Corp for CAD 3.75 million on January 3, 2025. The consideration consists of 15 million common equity of Supernova Metals Corp. to be issued for common equity of NamLith Resources Corp.
No changes to the board of directors or management of the Company are anticipated in connection with completion of the Transaction. No finder's fee is payable in connection with completion of the Transaction. The transaction is subject to approval by regulatory board. Completion of the Transaction remains subject to a number of conditions, including NamLith having outstanding liabilities which do not exceed CAD 0.07 million ($0.05 million) at the time of closing. The Consideration Shares are not expected to be subject to restrictions on resale. Announcement • Oct 29
Supernova Metals Corp., Annual General Meeting, Dec 27, 2024 Supernova Metals Corp., Annual General Meeting, Dec 27, 2024. Location: vancouver Canada Board Change • Jul 26
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. 4 non-independent directors. Independent Director Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions Derivative • May 23
CEO & Director exercised options to buy CA$81k worth of stock. On the 21st of May, Sean McGrath exercised options to buy 900k shares at a strike price of around CA$0.10, costing a total of CA$90k. This transaction amounted to 21% of their direct individual holding at the time of the trade. Since June 2023, Sean's direct individual holding has increased from 2.28m shares to 5.18m. Company insiders have collectively bought CA$149k more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Apr 21
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$168k 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$168k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$2.02m market cap, or US$1.47m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). Board Change • Feb 05
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. 4 non-independent directors. Independent Director Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 02
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. 4 non-independent directors. Independent Director Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 05
Supernova Metals Corp. announced that it has received CAD 0.2 million in funding On October 3, 2023, Supernova Metals Corp. closed the transaction. The transaction included participation from individual investor, Sean McGrath for 1,742,308 units, Tyler Dilney for 300,000 units, Ken Brophy for 400,000 units, Maximilian Sali for 307,692 units, Roger March for 250,000 units and Lindsay Hamelin for 76,923 units. Announcement • Sep 24
Supernova Metals Corp. announced that it expects to receive CAD 0.2 million in funding Supernova Metals Corp. announced a non-brokered private placement of up to 3,076,923 units at a price of CAD 0.065 per unit for the gross proceeds of CAD 200,000 on September 22, 2023. Each Unit will be comprised of one common share and one transferable common share purchase warrant with each warrant entitling the holder to purchase one share of the company at a price of CAD 0.10 per share for a period of 2 years from the date of closing of the Private Placement. All securities issued will be subject to a four month hold period pursuant to securities laws in Canada. Board Change • Sep 01
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. 4 non-independent directors. Independent Director Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 21
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. 4 non-independent directors. Independent Director Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 26
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. 4 non-independent directors. Independent Director Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 14
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. 4 non-independent directors. Independent Director Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 03
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 Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 24
Supernova Metals Corp., Annual General Meeting, Mar 28, 2023 Supernova Metals Corp., Annual General Meeting, Mar 28, 2023. Board Change • Jan 16
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 Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 21
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 Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 09
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 Roger March was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 06
Supernova Metals Corp. Announces the Appointment of Tyler Dilney as the New Chief Financial Officer Supernova Metals Corp. announced the appointment of Tyler Dilney as the new Chief Financial Officer of the Company. Mr. Dilney is a Chartered Professional Accountant with over 10 years of experience and has worked primarily in the mining, technology, and oil and gas sectors. He has served as a controller and consultant for various public and private organizations, providing accounting, financial reporting, taxation and business advisory services. In connection with Mr. Dilney's appointment, the Company has accepted the resignation of Ken Brophy as Chief Financial Officer of the Company. Mr. Brophy is a valuable member of the Supernova team and will continue in his role as a member of the Board of Directors. Announcement • Oct 08
Supernova Metals Corp., Annual General Meeting, Dec 07, 2022 Supernova Metals Corp., Annual General Meeting, Dec 07, 2022. Announcement • May 20
Supernova Metals Corp. Commences an Initial Exploration Program At Lac Saint Simon Lithium Property Supernova Metals Corp. announced that the Company has commenced an initial exploration program at its Lac Saint Simon lithium property (LSS Property) in Quebec, located approximately five kilometres north of the Whabouchi Lithium deposit, currently being advanced by Nemaska Lithium. Previous work conducted in the area of the LSS Property has identified several granitic phases on the property. The 2022 program will be comprised primarily of geological mapping, prospecting and rock and soil sampling designed to determine if any prospective spodumene-bearing pegmatite dykes are present on the property which are the host for lithium mineralization at nearby Whabouchi. Reported Earnings • Apr 27
Full year 2021 earnings released: CA$0.16 loss per share (vs CA$0.61 loss in FY 2020) Full year 2021 results: CA$0.16 loss per share (up from CA$0.61 loss in FY 2020). Net loss: CA$1.01m (loss narrowed 36% from FY 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Announcement • Feb 26
Supernova Metals Corp. announced that it has received CAD 0.2196 million in funding Supernova Metals Corp. announced a non-brokered private placement of 1,996,363 common shares at price of CAD 0.11 per share, raising total gross proceeds of CAD 219,600 on February 25, 2022. The company has not paid finder's fees in connection with the transaction. Announcement • Jan 01
Supernova Metals Common Shares to be Deleted from Other OTC Supernova Metals Corp. Common Shares will be deleted from other OTC effective from January 3, 2022, due to CUSIP Suspended. Reported Earnings • Nov 21
Third quarter 2021 earnings released: CA$0.008 loss per share (vs CA$0.006 loss in 3Q 2020) Third quarter 2021 results: Net loss: CA$466.2k (loss widened 119% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 21
Second quarter 2021 earnings released: CA$0.002 loss per share (vs CA$0.005 loss in 2Q 2020) Second quarter 2021 results: Net loss: CA$99.9k (loss narrowed 21% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Jul 15
Supernova Metals Corp. announced that it has received CAD 0.133875 million in funding Supernova Metals Corp. announced a non-brokered private placement of 1,784,999 flow-through common shares at a price of CAD 0.075 per share for a total gross proceeds of CAD 133,875 on July 14, 2021. The transaction included participation from individual investors Sean McGrath, Chief Executive Officer for 500,000 shares, Ken Brophy, Chief Financial Officer for 300,000 shares, Roger March, a Director for 200,000 shares and Lindsay Hamelin, subscribed for 133,333 shares. No finders' fee paid in the transaction. All the securities issued subject to a hold period of four months from the date of closing. Announcement • Jun 05
Supernova Metals Corp. announced that it has received CAD 0.5 million in funding Supernova Metals Corp. (CNSX:SUPR) announced a non-brokered private placement of 10,000,000 common shares at an issue price of CAD 0.05 per share for gross proceeds of CAD 500,000 on June 4, 2021. The transaction included participation from Sean McGrath for 500,000 shares, Ken Brophy participated through a company he controls for 1,200,000 shares, Roger March for 200,000 shares, and Lindsay Hamelin for 100,000 shares.No finder’s fees will be paid in connection with the transaction. All securities to be issued will be subject to a four month hold period. Announcement • May 22
An unknown buyer acquired Oil interests and associated reclamation liabilities from Supernova Metals Corp. (CNSX:SUPR) for CAD 0.005 million. An unknown buyer acquired Oil interests and associated reclamation liabilities from Supernova Metals Corp. (CNSX:SUPR) for CAD 0.005 million on May 17, 2021.
An unknown buyer completed the acquisition of Oil interests and associated reclamation liabilities from Supernova Metals Corp. (CNSX:SUPR) on May 17, 2021. Recent Insider Transactions • May 10
CEO, CFO & Director recently sold CA$102k worth of stock On the 6th of May, Sean McGrath sold around 2m shares on-market at roughly CA$0.065 per share. This was the largest sale by an insider in the last 3 months. Sean has been a seller over the last 12 months, reducing personal holdings by CA$93k. Announcement • Feb 17
Supernova Metals Corp., Annual General Meeting, Apr 15, 2021 Supernova Metals Corp., Annual General Meeting, Apr 15, 2021. Announcement • Jan 20
Supernova Metals Corp. Receives Its Drill Permit for the Cold Springs Gold-Silver Project in Nevada Supernova Metals Corp. announced that it has received its drill permit for the Cold Springs gold-silver project in Nevada, and the company has engaged Falcon Drilling Inc. to conduct up to 2,000 metres of diamond drilling on the project. The drill program is designed to target new, untested geophysical anomalies identified as the potential source of the project's known mineralization and will be comprised of at least 4 holes. An announcement will be made when the drill program has commenced which is expected to begin on February 1, 2021. A recent three-dimensional induced polarization ("IP") and resistivity survey identified a large, compact zone of low resistivity (< 35 ohm-m) approximately 200 metres west of the range front fault and west of exposures of second stage high-grade low sulphidation veins on the west flank of the central hill. This zone extends deeper than the detection limit of the survey (approximately 200 metres below surface) and has a top at around 80 metres, the inferred approximate depth to bedrock beneath alluvium in this area. The 2021 drill program will test the buried IP resistivity anomaly that is interpreted to potentially
represent the buried roots of the epithermal system that is exposed across the range front fault on the hill to the east. Several drill holes will also test a chargeability feature that appears to be associated with the interpreted range front fault. These geophysical features may represent alteration and silicification related to a mineralizing system and offer compelling exploration targets that will be tested by this initial drill program. Announcement • Jan 17
Supernova Metals Corp. Provides Update on Clanton Hills Project Supernova Metals Corp. announced that is has received final assays from its recently completed reverse circulation drill program at the Clanton Hills project in Arizona. The results of the program did not reveal any significant widths of gold or silver mineralization despite the presence of anomalous zinc and lead. A total of five RC holes were drilled into the anomaly for an aggregate of 1,000 meters. The Company will continue to evaluate all of the geological data on the property to determine the best course of action going forward. Announcement • Jan 06
Supernova Metals Corp. Announces Board Changes Supernova Metals Corp. announced the appointment of Dr. Kent Ausburn, PhD, PG to the board of directors of the Company, effective immediately. Dr. Ausburn is a senior exploration geologist and mining-entrepreneur with over 31 years of worldwide experience in the exploration/mining industry. The company also announced the resignation of Lewis Dillman from the board of directors. Announcement • Nov 17
Supernova Metals Corp. Appoints Dr. Kent Ausburn as Senior Technical Advisor Supernova Metals Corp. announced Dr. Kent E. Ausburn, PhD, PG has joined the Company's advisory board as senior technical advisor. Dr. Ausburn is a senior exploration geologist and mining-entrepreneur with over 31 years of worldwide experience in the exploration/mining industry. Throughout his career Dr. Ausburn has been directly and peripherally involved in several significant ore deposit discoveries and development, including the Castle Mountain Au Mine, Bullfrog Au Mine, and Morning Star Au Mine. Previously, he was the co-founder and VP Exploration of Tournigan Gold Corporation, where he was responsible for the identification, generation, and acquisition of a high-quality portfolio of gold projects in Northern Ireland (Curraghinalt Au deposit) and Slovakia (Kremnica Au deposit), and uranium projects in Slovakia (Kuriskova U deposit) and western USA (Wyoming, Arizona, South Dakota). Currently, he is focused on recognizing, acquiring, financing, and exploring/developing quality mineral deposits throughout the world. He is associated with an international network of technical and financing-oriented mining professionals. Announcement • Oct 17
Supernova Metals Corp. Engages Drill Contractor for Clanton Hills Silver Project Supernova Metals Corp. announced that it has submitted a drill permit application in conjunction with the engagement of Layne Christensen Company to conduct up to 2,000 metres of reverse circulation drilling on the Clanton Hills high-grade silver project. The drill program will be comprised of approximately 10 holes, and is expected to begin in early November 2020, once the drill rig becomes available. An announcement will be made when the drill program has commenced. A geophysical crew is currently on site finishing a ground-based magnetic and VLF geophysical survey over the Clanton Hills property. The immediate aim of the geophysical program is to verify and better delineate the location and orientation of the known structures associated with the mineralization found in the central outcrop and better define targets for the upcoming drill program. The Clanton Hills property consists of 32 mineral claims located in Yuma County approximately 112 km west of Phoenix, Arizona. The property sits in the Nottbusch Valley on the eastern edge of the Clanton Hills. The majority of the property is low lying and covered by alluvium with a central outcrop measurin approximately 25 meters by 90 meters in size, consisting of silicified breccias in contact with calcareous sediments. The knob is completely surrounded by a pediment surface, where the gravel cover is estimated to be about 3 to 5 metres thick. Historic mapping and sampling of the outcrop area has resulted in the identification of both high-grade silver values, up to 242 g/t silver from grab samples related to discrete vein/shear structures in the outcrop, as well as lower grade silver mineralization in the wall rocks over substantial widths. This is demonstrated by several historic chip channel samples taken in several places across the outcrop which have returned significant thicknesses of continuous mineralization, highlighted by one channel which returned 35 g/t silver over 15 metres in calcareous sediments. The mineralization at Clanton Hills in many ways resembles a low-sulfidation, epithermal mineral occurrence typical of the Cordillera, however, it is somewhat unusual in that silver values are present over considerable widths in the wall rocks of mineralized structures. This presents a drill target with the potential to host large volumes of lower-grade silver mineralization in the walls of the structures, in addition to the conventional higher-grade mineralization over the narrower widths in the veins that are typical of the district. Supernova believes that the Clanton Hills property represents a unique opportunity for a near surface primary silver discovery with the potential to host a bulk tonnage silver resource that could potentially be amenable to open pit extraction. Announcement • Sep 10
Supernova Metals Corp. announced that it has received CAD 1 million in funding On September 9, 2020, Supernova Metals Corp. (TSXV:SUPR) closed the transaction. The transaction included participation from 63 placees. including Roger March for 75,000 shares and Lindsay Hamelin for 50,000 shares. The company paid finders fee of CAD 2,100 and 21,000 warrant to Canaccord Genuity Corp, CAD 15,750 and 157,500 warrants to Haywood Securities Inc. and CAD 13,440 and 134,400 warrants to D.R.R. Capital Corporation. The finder’s warrants are exercisable at CAD 0.20 per share until September 4, 2021. The company accepted TSX Venture Exchange filing. Announcement • Jul 31
Volt Energy Corp. announced that it expects to receive CAD 1 million in funding Volt Energy Corp. (TSXV:VOLT) announced a non-brokered private placement of 10,000,000 common shares at an issue price of CAD 0.10 per share for gross proceeds of CAD 1,000,000 on July 27, 2020. No finder’s fees will be paid in connection with the transaction. The company may pay finder's fees in the transaction. All securities to be issued will be subject to a four month hold period. Completion of the transaction is subject to a number of conditions, including TSX Venture Exchange approval. 
