New Risk • Nov 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% 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 Share price has been highly volatile over the past 3 months (34% average weekly change). Negative equity (-CA$231k). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.71m market cap, or US$2.65m). Announcement • Sep 30
Planet Green Metals Inc., Annual General Meeting, Dec 02, 2025 Planet Green Metals Inc., Annual General Meeting, Dec 02, 2025. New Risk • Aug 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% 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 Negative equity (-CA$260k). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.52m market cap, or US$1.09m). Announcement • Aug 16
Planet Green Metals Inc. announced that it has received CAD 0.1 million in funding Planet Green Metals Inc announced a private placement to issue 2,000,000 common shares at an issue price of CAD 0.05 per share for gross proceeds of CAD 100,000 on August 15, 2025. All securities having a four-month hold period. No finders' fees were paid on the offering. New Risk • Jul 04
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$259k 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$259k free cash flow). Share price has been highly volatile over the past 3 months (39% average weekly change). Negative equity (-CA$260k). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.94m market cap, or US$1.43m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Announcement • Apr 23
Planet Green Metals Inc. announced that it has received CAD 0.17204 million in funding On April 22, 2025, Planet Green Metals Inc. closed the transaction. The company announced that it has issued 3,440,800 Units at an issue price of CAD 0.05 for gross proceeds of CAD 172,040. Each Unit consists of one Common Share and one half of a Common Share Purchase Warrant for a total of 1,720,400 warrants. Each Warrant is exercisable at a price of CAD 0.10 for a period of two years from the date of closing. The Company paid CAD 2,100 in Finders’ fees on this offering pursuant to the policies of the Canadian Securities Exchange. New Risk • Mar 02
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$337k 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$337k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-CA$134k). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.82m market cap, or US$1.26m). New Risk • Feb 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$35k). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.32m market cap, or US$1.62m). New Risk • Jan 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$35k). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.32m market cap, or US$1.60m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Oct 02
Planet Green Metals Inc. announced that it expects to receive CAD 0.83 million in funding Planet Green Metals Inc. announced a non-brokered flow-through private placement and and a non-brokered working capital private placement on October 1, 2024. The company will issue 4,000,000 flow-through common shares at CAD 0.12 per flow-through common shares for gross proceeds of up to CAD 480,000 under flow-through offering and 3,500,000 units at an issue price of CAD 0.10 for gross proceeds of CAD 350,000 under working capital offering. Each working capital Unit will consist of one common share and one common share purchase warrant. Each working capital warrant entitles the holder to purchase one common share at a price of CAD 0.20 per working capital warrant Share for a period of 12 months from Closing. Finders' fees may be paid on the Offering pursuant to the policies of the CSE. All securities issued will be subject to a four-month hold period which will expire on the date that is four months and one day from the date of issue. The offering is subject to the acceptance of the Canadian Securities Exchange. New Risk • Sep 29
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$35k 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$396k free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$35k). Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.11m market cap, or US$2.30m). Minor Risk Less than 3 years of financial data is available. Announcement • Aug 30
Planet Green Metals Inc. Appoints Dr. Raymond Goldie to its Advisory Board Planet Green Metals Inc. announced the appointment of Dr. Raymond Goldie to the Company's Advisory Board. Dr. Goldie is the current President of the Prospectors and Developers Association of Canada and is often a keynote speaker at mining conferences. He is a widely recognized independent mining analyst with extensive experience in economic geology, especially in the nickel and copper industries, and an expert on mining royalties. He holds a BSc in geology from Victoria University of Wellington, an MSc in geology from McGill University and a PhD from Queens University. He also holds a diploma in business administration from the University of Toronto. Dr. Goldie is a director of Garibaldi Resources. New Risk • Aug 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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$684k free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.29m market cap, or US$1.65m). Minor Risk Less than 3 years of financial data is available. New Risk • Jul 04
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$684k 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$684k free cash flow). Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.94m market cap, or US$2.16m). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (14% average weekly change). Board Change • Jun 19
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 Sandy Archibald was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 18
Planet Green Metals Inc Appoints Steven Sirbovan to Advisory Board Planet Green Metals Inc. announced the appointment of Mr. Steven Sirbovan to the Company’s Advisory Board. Mr. Steven Sirbovan, Principal and Founder of Blink Capital Corp, is an experienced small-cap capital markets professional with over 10 years of experience in investor relations, private equity, and investment banking. Mr. Sirbovan spent the last eight years at Echelon Capital Markets, one of Canada’s fastest growing full-service investment dealers, working exclusively with companies in the high growth, less than $100M, market cap bracket. Most recently, Mr. Sirbovan was a Director of Investment Banking and for the past five years co-led the Origination Investment Banking group, executing private and public financings, mergers and acquisitions, and other corporate transactions. Over his tenure at Echelon, Mr. Sirbovan was directly involved in hundreds of transactions with an approximate aggregate value of half a billion dollars. Mr. Sirbovan’s expertise includes raising capital and advising corporate clients in many sectors, including metals and mining, industrials, technology, renewables, healthcare, biotech, consumer products, and real estate, among others. Mr. Sirbovan is a graduate of the Ivey Business School at Western University in London, ON and St. Andrew’s College in Aurora, ON. Announcement • Apr 20
Planet Green Metals Inc., Annual General Meeting, Jun 18, 2024 Planet Green Metals Inc., Annual General Meeting, Jun 18, 2024. Announcement • Apr 17
Planet Green Appoints Dr. Sandy M. Archibald as New Director Planet Green Metals Inc. announced the appointment of Dr. Sandy M. Archibald, P.Geo., as a director of the Company. Dr. Archibald has over 25 years of experience in the mineral exploration industry and has participated in industry and academic projects throughout the Americas, Europe, and Africa. He has been involved in gold, base-metal, uranium, diamond, copper-nickel, and battery mineral exploration. He holds a Ph.D. in Economic Geology from McGill University, a Professional Geoscientist (P.Geo.) designation from the Association of Professional Geoscientists of Ontario and is a Fellow of the Society of Economic Geologists. Dr. Archibald has held board and management positions in AIM and TSXV companies and was a two-term director of the Prospectors and Developers Association of Canada. Announcement • Mar 26
Forza Lithium Corp. (CNSX:FZ) acquired 100% stake in Planet Green Metals Inc. Forza Lithium Corp. (CNSX:FZ) agreed to acquire Planet Green Metals Inc on January 23, 2024. As a part of consideration, Forza Lithium Corp. will buy all 11.3 million common shares of Forza and will issue one Payment Share for each one Planet Green Share held. The transaction is subject to a number of closing conditions set forth in the Agreement, including, but not limited to: (i) satisfactory completion of due diligence investigations by each of the Company and Planet Green; (ii) all necessary approvals, waivers and consents required to be obtained by Planet Green in connection with the transactions contemplated by this Agreement; (iii) receipt of all requisite regulatory and third party approvals; and (iv) the Harrison Road Lithium Option Agreement (as defined below) being in good standing, together with other standard closing conditions. The Payment Shares will be subject to a hold period of four months plus one day from the date of completion of the Transaction. Additionally, 9.05 million of the Payment Shares will be subject to a voluntary Pooling Agreement. 20% of the pooled Payment Shares will be released on each of June 26, 2024, December 26, 2024, June 26, 2025, December 26, 2025 and June 26, 2026. Jeremy S. Brett as President and Chief Executive Officer, Robert Turgeon as Chief Financial Officer, and Michele Pillon as Corporate Secretary and Nicholas Coltura will join the board of directors. The Company change its name to “Planet Green Metals Inc.” in conjunction with the completion of the Transaction. The transaction is expected to close early February.
Forza Lithium Corp. (CNSX:FZ) completed the acquisition of Planet Green Metals Inc. on March 25, 2024. Announcement • Mar 22
Forza Lithium Corp. announced that it has received CAD 0.3 million in funding On March 21, 2024, Forza Lithium Corp. closed the transaction. The company has now issued 3,127,500 common shares at an issue price of CAD 0.08 for the gross proceeds of CAD 250,200 with all securities having a four-month hold period. The company has paid CAD 2,900 as finder's fees in the offering. Announcement • Mar 14
Forza Lithium Corp. announced that it expects to receive CAD 0.3 million in funding Forza Lithium Corp. announced a non-brokered private placement of up to 3,750,000 common shares at an issue price of CAD 0.08 for the gross proceeds of CAD 300,000 on March 13, 2024. The closing of the private placement will be pursuant to the policies of the Canadian Securities Exchange (“CSE”). Finder's fees may be paid on the Offering pursuant to the policies of the Canadian Securities Exchange. Board Change • Nov 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 Nicholas Coltura 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 • Aug 29
Forza Lithium Corp. Announces Changes to the Board Forza Lithium Corp. announced that Robert Coltura, the Company’s President and Chief Executive Officer, has been appointed as a director of the Company. Mr. Coltura is a businessman with significant entrepreneurial experience. He is President and principal shareholder of Matalia Investments Ltd., a company that provides management consulting, corporate finance and investor relation services to public and private companies. Mr. Coltura has over 20 years of experience with various public companies, holding positions of officer and director of several public companies. In addition, the Company announces the resignation of Mr. Satvir S. Dhillon from the board. Announcement • Aug 13
Forza Lithium Corp. Announces Commencement of Work At Its Jeanette Lithium Property Forza Lithium Corp. announced the completion of June and July 2023 field programs on its Jeannette Lithium Property, with plans for an August prospecting program. The Property is located approximately 105 km east of the town of Red Lake, Ontario, and 80 km northeast of Ear Falls, Ontario. A crew of two carried out a 7-day field program in June along logging roads which traverse the Property, collecting 16 grab samples. A fly camp was subsequently set up in July on Tarpley Lake for a period of 11 days, during which 29 further grab samples were collected by the crew. An additional prospecting program is planned north of St. Roy Lake in the coming days. Assays from both the June and July programs have now been received. June sampling returned up to 290 ppm Li from biotite gneiss in the vicinity of 2022 sampling which had returned up to 244 ppm Li in the central part of the Property. This is the highest Li result to-date on the Property. July sampling on the south side of Tarpley Lake returned up to 259 ppm Li from biotite schist and up to 688 ppm Rb from pegmatite, corresponding to the second-highest Li result to-date and the highest Rb result to-date on the Property. During the 2022 field program, 113 grab and channel samples were collected. The value of 244 ppm Li was obtained from a sample of biotite gneiss with coarse feldspar-quartz dykelets. The Property is located in the east-central portion of the Allison Lake Batholith within the Uchi Subprovince of the Superior Province of the Canadian Shield. The Uchi Subprovince is an east- trending granite-greenstone domain between 50 and 70 kilometers in width, extending approximately 700 kilometers from Lake Winnipeg in the west to the James Bay Lowlands. The Allison Lake Batholith is the largest known fertile, peraluminous granite in northwestern Ontario (Breaks et al. 2003). Rare-element (Li, Cs, Rb, Tl, Be, Ta, Nb, Ga and Ge) pegmatite mineralization associated with S-type, peraluminous granite plutons is distributed over a wide expanse of the Superior Province of northeastern and northwestern Ontario. Rare element pegmatite mineralization occurs along a 350 km strike length of the Uchi-English River Subprovince boundary, from the Sandy Creek beryl pegmatite near Ear Falls to the Lilypad Lake complex-type pegmatite in the Fort Hope area, with 3 areas of known mineralization in between at Jubilee Lake, Root Lake and East Pashkokogan Lake (Breaks et al. 2003). The Jeanette lithium property represents an area of high merit for the discovery of additional spodumene bearing pegmatites in an emerging hard-rock lithium district in NW Ontario. The Property is located approximately 45 km northwest of Green Technology Metals' Root Lake Project, hosting the Root Bay and McCombe lithium deposits with a collective mineral resource estimate (MRE) of 12.6 million tonnes at 1.21% Li2O and 62 ppm Ta2O5. Several other companies have staked claims in the area surrounding the Jeannette Property and are actively conducting exploration, including Volta Metals Ltd, Portofino Resources Inc, Lithium One Metals, Beyond Lithium Metals, Westmount Minerals Corp. and Tearlach Resources Ltd. Board Change • Aug 08
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 Nicholas Coltura 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. New Risk • Jul 12
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$283k 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$283k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$2.64m market cap, or US$2.00m). Minor Risk Less than 3 years of financial data is available. Announcement • Jul 08
Forza Lithium Corp Announces the Commencement of Fieldwork on its Jeannette Lithium Property for the 2023 Season Forza Lithium Corp. announced the commencement of fieldwork on its Jeannette Lithium Property ("the Property") for the 2023 season. The Property is located approximately 105 km east of the town of Red Lake, Ontario, and 80 km northeast of Ear Falls, Ontario. An initial 7-day field program was carried out by a crew of two in mid-June along logging roads which traverse the Property. The crew has once again mobilized to the Property and has set up a fly camp in the northern part of the Property which is inaccessible by road. During the 2022 field program 113 grab and channel samples were collected returning values up to 244 ppm Li, which was obtained from a sample of biotite gneiss with coarse feldspar-quartz dykelets. 16 grab samples were collected during the June 2023 program, with results pending. The following description of the regional geology is adapted from the NI 43-101 Independent Technical Report on the Jeannette Lithium Property (Camier 2022): The Property is located in the east-central portion of the Allison Lake Batholith within the Uchi Subprovince of the Superior Province of the Canadian Shield. The Uchi Subprovince is an east- trending granite-greenstone domain between 50 and 70 kilometers in width, extending approximately 700 kilometers from Lake Winnipeg in the west to the James Bay Lowlands. The Allison Lake Batholith is the largest known fertile, peraluminous granite in northwestern Ontario (Breaks et al. 2003). Rare-element (Li, Cs, Rb, Tl, Be, Ta, Nb, Ga and Ge) pegmatite mineralization associated with S-type, peraluminous granite plutons is distributed over a wide expanse of the Superior Province of northeastern and northwestern Ontario. Rare element pegmatite mineralization occurs along a 350 km strike length of the Uchi-English River Subprovince boundary, from the Sandy Creek beryl pegmatite near Ear Falls to the Lilypad Lake complex-type pegmatite in the Fort Hope area, with 3 areas of known mineralization in between at Jubilee Lake, Root Lake and East Pashkokogan Lake (Breaks et al. 2003). Board Change • Jun 30
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 Nicholas Coltura 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 • Jun 29
Forza Lithium Corp. has completed an IPO in the amount of CAD 0.5 million. Forza Lithium Corp. has completed an IPO in the amount of CAD 0.5 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: CAD 0.1
Discount Per Security: CAD 0.009