Board Change • Sep 29
Less than half of directors are independent 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. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Stan Beardy was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 03
Less than half of directors are independent 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. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Stan Beardy was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 30
Less than half of directors are independent 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. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Stan Beardy was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Sep 01
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$114k 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$114k free cash flow). Share price has been highly volatile over the past 3 months (58% average weekly change). Negative equity (-CA$1.2m). Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$2.39m market cap, or US$1.77m). Announcement • Aug 14
Big Tree Carbon Inc., Annual General Meeting, Oct 18, 2024 Big Tree Carbon Inc., Annual General Meeting, Oct 18, 2024. Announcement • Apr 03
Big Tree Carbon Inc. announced that it expects to receive CAD 0.3 million in funding Big Tree Carbon Inc. announced a non-brokered private placement of up to 6,000,000 working capital units at a price of CAD 0.05 per working capital unit for gross proceeds of up to CAD 300,000 on April 2, 2024. Each working capital unit consists of one common share and one common share purchase warrant. Each working capital warrant entitles the holder to acquire one common share until one years from the closing of the offering at a price of CAD 0.075. Eligible finders will be entitled to receive a commission of 7% cash and broker warrants equal to 8% of the number of working capital units sold under the offering. Each broker warrant entitles the holder to acquire a common share at CAD 0.05 for one year from closing. All securities to be issued pursuant to the private placement will be subject to a statutory four month and one day hold period. New Risk • Sep 01
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$286k 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$286k free cash flow). Negative equity (-CA$199k). 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$7.16m market cap, or US$5.30m). Minor Risk Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Announcement • Dec 01
Big Tree Carbon Announces Commencement of Lac Seul Forest Community Project Big Tree Carbon Inc. announced that work has been initiated on the Lac Seul pilot carbon offsetting project in conjunction with the Obishikokaang Resources Corporation ("ORC") and project partner Anew Climate LLC ("Anew"). ORC is 100% owned by Lac Seul First Nation ("LSFN") and is the First Nation's forest management company, with responsibility for forest management on Lac Seul I.R. 28 and is a partner to the enhanced sustainable forest licence for the Lac Seul Forest Crown management unit in Northwestern Ontario. Principal staff and Board members of ORC have been developed from within Lac Seul's own Band membership, and the corporation has been in operation since 2012. Upon recommendation from project partner Anew in their recently-updated prefeasibility assessment, the Lac Seul Community Forest Project will pursue project registration through the American Carbon Registry ("ACR") voluntary Improved Forest Management program for Canadian forests. The ACR voluntary program carries a 40-year crediting period, during which the sustainable forestry practices set out in the project design will maintain and sequester carbon throughout the life of the project, with no longer-term obligation such as would be applicable in a compliance-based project. Initial stages of project development include definition of the overall project boundary, and valuation of other ecosystem service benefits associated with the land, coupled with ongoing community and First Nation governance engagement. The prefeasibility assessments provided by project partner Anew contemplate 22,063 hectares of productive forested area on the Lac Seul reserve lands, which does not include the footprint of the First Nation's three communities. The quantum of annual credits generated by this project will be determined through project development activities of all project partners, and will be reported to shareholders once the project is registered with ACR. Announcement • Nov 23
Big Tree Provides Update on Carbon Offset Projects Big Tree Carbon Inc. provided the following update on the developing carbon markets and own carbon offset projects. In recent news from the COP27 climate summit, US climate Envoy John Kerry revealed a new plan to raise money for climate initiatives in the developing world by selling carbon credits to companies wishing to offset their emissions. Kerry said the new US initiative should be "up and running" within a year. Big Tree is evaluating current projects while working to increase partnerships with First Nations. Both voluntary carbon market and compliance carbon market projects are possible through the American Carbon Registry ("ACR") improved forest management and Verra Canadian forest carbon offset methodologies, respectively. The Federal Government's release of compliance project protocols are expected in the spring of 2023. Lac Seul Pilot Project: The Lac Seul pilot project is currently awaiting an updated offset feasibility study by Anew Climate, LLC ("Anew", previously Blue Source Canada ULC). Kick-off of the project is expected to begin shortly after confirmation from the new Lac Seul Band council recently sworn in after elections Ogoki Forest Project: The Ogoki Forest project also has a pre-feasibility assessment from Anew. Based on this assessment, Big Tree entered into an offset development agreement with Agoke Development LP ("ADLP"), the First Nations forestry corporation which manages the Ogoki Forest management unit. Big Tree has a 25% revenue sharing interest for up to 10 years on this project. This project is awaiting the release of carbon offset protocols for crown land, expected to be released in the spring of 2023 along with the awarding of an engineering contract to register and create the carbon offsets. Board Change • Nov 16
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. 3 highly experienced directors. Independent Director Stan Beardy was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
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. 3 highly experienced directors. Independent Director Stan Beardy was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 02
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. 3 highly experienced directors. Independent Director Stan Beardy was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 12
AurCrest Gold Inc., Annual General Meeting, Apr 19, 2022 AurCrest Gold Inc., Annual General Meeting, Apr 19, 2022. Recent Insider Transactions • Jul 31
Independent Director recently sold CA$87k worth of stock On the 28th of July, Frank van de Water sold around 455k shares on-market at roughly CA$0.19 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$109k more than they bought in the last 12 months. Announcement • Jul 20
AurCrest Gold Inc. Provides Update on Ranger Lake Gold Property Exploration Program AurCrest Gold Inc. provided an update on the ongoing exploration program at the company's Ranger Lake Gold Property, Ontario. Diamond drilling for a total of nine holes comprising 1,683 metres (m) was completed in June. In total, eight of the nine drill holes in the Phase 1 program intersected zones of polymetallic sulphide mineralization. Surface prospecting also identified one outcrop, located approximately seventy-five metres ESE from the drill program site that hosted a 15cm-wide quartz-biotite vein containing up to 8% sulphides. Selected core samples are being prepared for scanning electron microprobe analysis (SEMPA) to correlate mineralization and observations with the pending geochemical results. The company is confident that observations from this program will contribute to a better understanding of both the area geology and style of mineralization. Subsequent to the company's previous release, two step-out holes, RAL21-004 and RAL21-004B, were drilled approximately 25m east of overburden-covered, near-surface mineralization identified in RAL21-001, RAL21-001B, RAL21-001C and RAL21-001CC. The two step-outs were drilled at -50° and -45° dip angles in northerly and southeasterly directions, respectively, from a single pad location. RAL21-004 intersected sporadic disseminated polymetallic sulphides and foliation parallel sulphide millimetre-scale sulphide stringers between 136m and 147m. A zone of strongly sheared and folded silica-biotite-calcsilicate-sulphide layers is encountered between 145m and 147m and contains approximately 10% to 15% sulphide.
RAL21-004B intersected intermittent sulphide mineralization between 6m and 23m. A 2.5m zone of approximately 80% sulphide was encountered at 11.5m and is associated with intense silica-biotite flooding. Between 14m and 17m, the rock is less sheared and distinctly preserves a monomictic metabreccia texture composed of angular, foliated metasedimentary lithic fragments flooded with silica, biotite and approximately 5% very fine-grained disseminated sulphides. Soil sampling also was completed recently for Spatiotemporal Geochemical Hydrocarbon analysis and modelling over a high-priority Artificial Intelligence target immediately northwest of the current drill area. A total of 743 samples have been submitted for SGH analysis from a 50m grid pattern contiguous with the company's existing SGH model. Subsequent drill holes currently are being planned for a Phase 2 program in Fall 2021 to continue to test alteration, mineralization and structural interpretations. SGH modelling of the new survey area to the northwest of the current drilling will factor into the drill hole design. The company also has designed an additional soil SGH sampling grid to investigate exploration potential of a geophysically-anomalous region, approximately 3.0km east of the current drill area, and originally identified in historical exploration assessment reports through a ground magnetic and Max-Min horizontal loop electromagnetic (HLEM) survey conducted in 1979/80. The Company acknowledges that the Ranger Lake Gold Property is within a Restricted Fire Zone and may become subject to a provincial Implementation Order restricting access to the sampling area should forest fire conditions in the Red Lake area continue to worsen. The company will commence this soil sampling program immediately. Work will be suspended as required by any applicable Implementation Order. Announcement • Jun 10
AurCrest Gold Inc. Announces Preliminary Observations of Ranger Lake Gold Property Drill Program AurCrest Gold Inc. announced preliminary observations from the ongoing inaugural diamond drilling project at the Company's Ranger Lake Gold Property, Ontario. To date, seven holes have been drilled to test overlapping Artificial Intelligence ("AI"), Spatiotemporal Geochemical Hydrocarbon ("SGH"), and structural geology interpretations in a previously unrecognized and under-explored region located approximately 10 kilometres east of Balmertown, Ontario in the world class Red Lake Mining District. A total of 1,277 metres have been drilled to date, more than double the original project design of 600 metres. Despite fifteen (15) metres of glacial overburden and a lack of outcrop, six (6) of the seven (7) holes have intercepted intervals with polymetallic sulphide mineralization extending from surface to 184 metres downhole. Mineralization appears to be associated with intense biotite- silica-carbonate alteration along an east to west-trending zone encompassing over 225 metres laterally, remains open to the east and west and is unconstrained at depth. Foliation-parallel sulphide stringers and veins, up to 20 centimetres in thickness and containing up to 80% sulphides, occur in broad zones up to seven (7) metres in width along the core orientation and are surrounded by disseminated sulphides and silica-biotite-epidote alteration. AurCrest has submitted samples for gold and multi-element assays and will compile the geochemical results upon receipt. The degree of alteration, consistent intercepts of mineralization and structural interpretation of this zone is encouraging and step-out drill holes currently are designed to further explore the geological potential of the mineralization along strike. Announcement • May 12
AurCrest Gold Inc. Commences Drilling at Ranger Lake Property AurCrest Gold Inc. ("AurCrest" or the "Company") announced that drilling has commenced on the Company's 100%-owned Ranger Lake Gold Property (the "Property") in the Red Lake Mining District. AurCrest utilized two separate technologies to identify drill targets on the Property, including the CARDS artificial intelligence system developed by Windfall Geotek Inc. and subsequently, Spatiotemporal Geochemical Hydrocarbon ("SGH") analysis by Activation Laboratories Inc. ("ActLabs"). The initial three-hole 600 m drill program has been designed to test three significant targets identified by the Company's field program. Announcement • Apr 01
AurCrest Gold Inc. announced that it has received CAD 1.1365 million in funding On March 31, 2021, AurCrest Gold Inc. (TSXV:AGO) closed the transaction. The company issued 455,000 flow-through units for gross proceeds of up to CAD 136,500 in its second tranche. The company issued 3,788,333 units for the gross proceeds of CAD 1,136,499.9 in the transaction. Each warrant entitles the holder to acquire one common share until March 30, 2023 at a price of CAD 0.40 per share. All securities issued are subject to a statutory hold period expiring on July 31, 2021. Announcement • Mar 26
AurCrest Gold Inc. announced that it has received CAD 1 million in funding On March 25, 2021, AurCrest Gold Inc. (TSXV:AGO) closed the transaction. All securities issued in the transaction are subject to a statutory holding period expiring on July 25, 2021. The company excercised the over-allotment option to IBK Capital Corp. to purchase 455,000 flow-through units for gross proceeds of up to CAD 136,500 and it is expected to close early next week. Announcement • Feb 26
AurCrest Gold Inc. announced that it expects to receive CAD 1 million in funding AurCrest Gold Inc. (TSXV:AGO) announced a brokered private placement on a best efforts basis of up to 3,333,333 flow-through units at a price of CAD 0.30 per unit for gross proceeds of up to CAD 1,000,000 on February 25, 2021. Each flow-through unit consists of one flow-through common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share until two years from the closing at a price of CAD 0.40. The company has also granted an over-allotment option to IBK Capital Corp. to purchase up to an additional 25% of the flow-through units exercisable at any time until 48 hours prior to closing. All securities to be issued pursuant to the private placement will be subject to a statutory four month and one day hold period. The transaction is subject to approval from the TSX Venture Exchange. Is New 90 Day High Low • Feb 19
New 90-day high: CA$0.25 The company is up 317% from its price of CA$0.06 on 20 November 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period. Announcement • Dec 16
AurCrest Gold Inc. Provides Update of Field Work At Ranger Lake Gold Property AurCrest Gold Inc. advised that the geochemistry field program announced by the Company on November 17, 2020 has been completed, and that all samples have been submitted to Activation Laboratories Ltd. ("ActLabs") for Spatiotemporal Geochemical Hydrocarbon ("SGH") exploration geochemistry analytical services. The completed field program and pending analysis have been intended to provide further delineation of gold targets previously identified by the proprietary CARDS AI data acquired from Windfall Geotek Inc. ("Windfall"), as announced by the Company on September 2, 2020. The CARDS AI data indicates that the Company's Ranger Lake Gold Property encompasses several high priority gold targets. The ActLabs SGH analysis will build further guidance for a drill program on the property anticipated for Winter 2021. Announcement • Nov 20
AurCrest Gold Inc. announced that it expects to receive CAD 0.7 million in funding AurCrest Gold Inc. (TSXV:AGO) announced a brokered private placement on best effort basis of up to 11,666,667 working capital units at a price of CAD 0.06 per unit for gross proceeds of CAD 700,000 on November 19, 2020. Each working capital unit consists of one common share and one and half of common share purchase warrant. Each warrant entitles the holder to purchase one working capital share of the company at an exercise price of CAD 0.10 per share for a period of two years from the date of closing. All the securities issued in the transaction is subject to statutory four month and one day hold period. The transaction is subject to approval from TSX Venture Exchange. Announcement • Nov 17
AurCrest Gold Inc. Announces Commencement of the Initial Field Sampling at High-Priority Exploration Targets at Ranger Lake Gold Property AurCrest Gold Inc. announced the commencement of a soil sampling program at the Company’s Ranger Lake Gold Property, intended to test targets identified through recent data acquisition. The Ranger Lake Gold Property consists of 60 single cell claims covering approximately 1,220 hectares east of Balmertown ON, held 100% by the Company. The Company has chosen to utilize Activation Laboratories Ltd. Spatiotemporal Geochemical Hydrocarbons exploration geochemistry analytical services to provide further delineation of gold targets previously identified by the proprietary CARDS AI data acquired from Windfall Geotek Inc., as announced by the Company on September 2, 2020. The SGH soil sampling and analysis will build further guidance for a drill program anticipated for Winter 2021. The SGH process is capable of analyzing soil, rock and core (after milling), peat, vegetation, fully submerged lake sediments and even snow from a very wide variety of climates. Furthermore, an SGH survey is unique in geochemistry as it can use a mixture of different sample types in the same survey, with no requirement for data leveling for samples taken in swampy conditions (i.e. Humus samples) to samples of till or soil from drier areas. The CARDS AI data has been developed by Windfall’s multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The data combines available public and private datasets including geophysical, drill hole and surface data, and the algorithms designed and employed by Windfall are calculated to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization. The CARDS AI data indicates that the Company’s Ranger Lake Gold Property encompasses several high priority gold targets. AurCrest Gold is a leader in the First Nations advancement into shared participation and inclusion in the regional mining opportunities and counts as its board of directors and management, past and present, many indigenous business and cultural leaders. AurCrest is proud to play a leading role in the gold exploration of Northwestern Ontario, especially in the Birch-Uchi Greenstone Belt and the Red Lake mining district, as it forges new business relationships between Canada’s founding cultures. Announcement • Sep 17
AurCrest Gold Inc. Announces Identification of High-Priority Exploration Targets at Ranger Lake Gold Property AurCrest Gold Inc. announced that the proprietary CARDS AI data (the "Data") acquired from Windfall Geotek Inc. ("Windfall"), as announced on September 2, 2020, has identified high-priority targets within the Ranger Lake Gold Property cell claim fabric that the company is planning to investigate during the Fall of 2020 with a preliminary geochemical survey program, to build guidance for a drill program anticipated for the Winter of 2021. The Ranger Lake Gold Property consists of 60 single cell claims covering approximately 1,220 hectares east of Balmertown ON, held 100% by the company. The CARDS AI data has been developed by Windfall's multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence and mathematics. The data combines available public and private datasets including geophysical, drill hole and surface data, and the algorithms designed and employed by Windfall are calculated to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization. Announcement • Sep 09
AurCrest Gold Inc. (TSXV:AGO) acquired 10 cells at the Ranger Lake Gold Property and 17 cells at the Ranger East Gold Property in Ontario. AurCrest Gold Inc. (TSXV:AGO) acquired 10 cells at the Ranger Lake Gold Property and 17 cells at the Ranger East Gold Property in Ontario on September 8, 2020. The Ranger Lake Gold Property now comprises 60 cells with an area of approximately 1,220 hectares and the Ranger East Gold Property comprises 67 cells with an area of approximately 1,360 hectares.
AurCrest Gold Inc. (TSXV:AGO) completed the acquisition of 10 cells at the Ranger Lake Gold Property and 17 cells at the Ranger East Gold Property in Ontario on September 8, 2020. Announcement • Aug 12
AurCrest Gold Inc. (TSXV:AGO) acquired 1,010 hectares Richardson North Extension Property. AurCrest Gold Inc. (TSXV:AGO) acquired 1,010 hectares Richardson North Extension Property on August 11, 2020.
AurCrest Gold Inc. (TSXV:AGO) completed the acquisition of 1,010 hectares Richardson North Extension Property on August 11, 2020. Announcement • Jul 31
AurCrest Gold Inc. (TSXV:AGO) acquired 1,010 hectares Ranger East Property. AurCrest Gold Inc. (TSXV:AGO) acquired 1,010 hectares Ranger East Property on July 29, 2020.
AurCrest Gold Inc. (TSXV:AGO) completed the acquisition of 1,010 hectares Ranger East Property on July 29, 2020. 
