Board Change • Apr 27
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 Vic Jang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 04
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$54k 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$110k free cash flow). Shares are highly illiquid. Negative equity (-CA$54k). Earnings have declined by 49% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.25m market cap, or US$914.1k). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Board Change • Dec 19
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. 2 non-independent directors. Independent Director Vic Jang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 11
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. 2 non-independent directors. Independent Director Vic Jang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 10
Bessor Minerals Inc. Announces Board Changes Bessor Minerals Inc. has announced that Michael Leahy has been appointed to the Board of Directors of the Corporation as a result of its Annual General and Special Meeting of shareholders held on November 28, 2025. Mr. Leahy’s appointment as a director is subject to the acceptance of the TSX Venture Exchange. Mr. Leahy succeeds Arif Merali, who was not put forward for re-election. Mr. Leahy is an experienced business leader with a strong background in corporate development, business strategy, and company operations. He currently serves as an Advisor to Oroco Resource Corp., a Director of Rex Resources Corp., and a Director of eLife Minerals Ltd. He most recently served as CEO of a publicly traded venture capital firm specializing in investments in high-potential start-up companies across a variety of industries and sectors. He previously held positions as Vice President of Business Development and later Chief Operating Officer for a private technology company renowned for its proprietary satellite radar technology utilized in mineral exploration, subsurface 3-D modeling, and infrastructure monitoring. He also served as Vice President and Director of International Tungsten Inc. Mr. Leahy’s experience spans diverse sectors, including natural resources, technology, and tourism resort development, and encompasses both private and public companies. He holds a Bachelor of Business Administration (B.B.A.) from Acadia University. Announcement • Sep 24
Bessor Minerals Inc., Annual General Meeting, Nov 28, 2025 Bessor Minerals Inc., Annual General Meeting, Nov 28, 2025. Location: alberta, calgary Canada Announcement • Sep 12
Bessor Minerals Inc. (TSXV:BST) agreed to acquire Jagrite Graphite Project. Bessor Minerals Inc. (TSXV:BST) agreed to acquire Jagrite Graphite Project for CAD 0.12 million on September 10, 2025. Consideration will be comprised of, Bessor to provide a cash payment of CAD 0.02 million upon signing, cash payment of CAD 0.025 million on or before 12 months of signing the asset purchase agreement and a cash payment of CAD 0.025 million on or before 24 months of signing the asset purchase agreement. Bessor to issue 2 million common shares to the Vendor on closing. New Risk • Jul 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-CA$20k). Earnings have declined by 54% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$782.1k market cap, or US$571.6k). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Announcement • Jul 10
Bessor Minerals Inc. announced that it has received CAD 0.1 million in funding On July 9, 2025. Bessor Minerals Inc. announced that it has closed the transaction. It has issued 5,000,0000 common shares at a price of CAD 0.02 per share for gross proceeds of CAD 100,00. Of the 5,000,000 Common shares issued pursuant to the Private Placement, 350,000 Common Shares were issued directly or indirectly to Zygmunt Hancyk, a director of Bessor. Announcement • Jun 06
Bessor Minerals Inc. Appoints Zigmunt Hancyk as Director Bessor Minerals Inc. announced that Dr. Zigmunt Hancyk has been appointed to the Board of Directors of the Corporation. Dr. Hancyk’s appointment as a director is subject to the acceptance of the TSX Venture Exchange. Dr. Hancyk succeeds Kieran Downes, who resigned from the Corporation as announced on May 7, 2025. Dr. Hancyk is an experienced senior executive, former CEO and management consultant who has worked with a wide variety of organizations in Canada, the US and globally. He specializes in strategic planning and project management for companies and government organizations. He was named CEO of the year by the Vancouver Island Advanced Technology Centre. His former roles include serving as a director at Telus, CEO of Paretologic, Operations Advisor for Export Development Canada and Director of the MBA Management Consulting Programs at Royal Roads and the University of Victoria. Dr. Hancyk has extensive governance experience in both profit and non-profit sectors. In addition to being a Board member of some high-tech companies, he was also on the Board of Governors at Ryerson University in Toronto, the Vice Chair of the Co-operative Education Program Advisory Council at the University of Victoria and was on the Academic Planning Board of the Technical University of British Columbia (now part of Simon Fraser University). Announcement • May 18
Bessor Minerals Inc. announced that it expects to receive CAD 0.125 million in funding Bessor Minerals Inc. announced a non-brokered private placement of 6,250,000 common shares at a price of CAD 0.02 per share for the gross proceeds of CAD 125,000 on May 16, 2025. The closing of the transaction is anticipated to occur on or around June 13, 2025. A finder's fee of up to 5% of the gross proceeds of the private placement may be paid in cash or company's common shares on all or any portion of the private placement. The transaction is subject to all regulatory approvals, including TSX Venture Exchange acceptance. All securities issued in connection with the private placement will be subject to a hold period of four months and one day from the date of closing. Announcement • May 08
Bessor Minerals Inc. Announces Resignation of Kieran Downes as Director, Effective May 7, 2025 Bessor Minerals Inc. announced that Mr. Kieran Downes has resigned as a director of the Corporation, effective May 7, 2025. Mr. Downes resigned to pursue personal interests unrelated to business endeavors. New Risk • Mar 30
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$6.4k 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$170k free cash flow). Shares are highly illiquid. Negative equity (-CA$6.4k). Earnings have declined by 49% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$657.1k market cap, or US$459.0k). Announcement • Nov 07
Bessor Minerals Inc. Common Shares to Be Deleted from OTC Equity Bessor Minerals Inc. Common Shares will be deleted from OTC Equity effective November 06, 2024, due to Inactive Security. Board Change • Mar 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. 4 non-independent directors. Independent Director Ron McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 01
New major risk - Revenue and earnings growth Earnings have declined by 27% 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 Shares are highly illiquid. Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$920.0k market cap, or US$678.7k). Announcement • Feb 13
Bessor Minerals Inc., Annual General Meeting, Apr 19, 2024 Bessor Minerals Inc., Annual General Meeting, Apr 19, 2024. Announcement • Feb 09
Bessor Minerals Inc. Provides Listing Update Bessor Minerals Inc. has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on Friday, February 9, 2024, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Calgary. Effective at the opening, Friday, February 9, 2024, the trading symbol for the Company will change from BST.H to BST. The Company is classified as a 'Mining' company. Board Change • Jan 18
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 Ronald McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jan 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$235k 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$235k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$657.1k market cap, or US$496.2k). Board Change • Dec 27
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 Ronald McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 24
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 Ronald McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 31
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 Ronald McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 05
Bessor Minerals Inc. Announces Executive Changes Bessor Minerals Inc. announced the appointment of Jeanie Yu as chief financial officer of the company. Joseph Meagher has resigned as chief financial officer. The appointment of Ms. Yu is subject to TSX Venture Exchange and NEX review. Ms. Yu is a CPA, CGA with over 15 years of international experience in financial management, financial reporting, internal controls and corporate governance. Ms. Yu has held senior financial positions across several industries including mining, pharmaceutical and manufacturing. She has experience in both production-staged and exploration-staged publicly traded mining companies. Most recently, she was responsible for all aspects of regulatory financial reporting, accounting services, annual audits, and government tax and regulatory reporting at Patriot Battery Metals Inc. Prior to becoming a professional accountant, Ms. Yu worked for many years as a Professional Engineer (BASc and P. Eng in Chemical Engineering) in the pulp and paper industry after obtaining her Bachelor of Applied Science degree from University of British Columbia. Board Change • Sep 19
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 Ronald McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 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 Ronald McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 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. 4 non-independent directors. Independent Director Ronald McMillan was the last independent director to join the board, commencing their role in 2009. 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 Ronald McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 17
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 Ronald McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 24
Bessor Minerals Inc. Intersects 0.56% Copper & 0.55 % Zinc over 6.9 Meters Bessor Minerals Inc. reported that diamond drilling has intersected significant volcanogenic massive sulphide mineralization on the Alpha prospect of the Redhill project, which is located 10 km south of Ashcroft, British Columbia. These are the best intercepts to date on the property. The thickness of the mineralization in RH22-01 is almost 4X the thickness of the mineralization in RH16-04 and RH06-25. The two intersections in RH16- 04 may be part of a single body. A borehole DEEPEM survey of RH16-04 had shown an off-hole response at 30 Herz and conductivities from 100 200 Mhos, indicating potential for a large body of mineralization. The increased thickness of mineralization in RH22-01 supports this interpretation. The 2022 drill program consisted of one core hole to test for extensions to the VMS mineralization previously intersected in hole RH16-04. Hole RH22-01, drilled as an undercut to hole RH16-04, was collared 20 meters SW and 10 meters below the collar of RH16-04. Both holes intersected the same zone of mineralization. A borehole DEEPEM survey of RH16-04 had shown an off-hole response at 30 Herz and conductivities from 100 200 Mhos, indicating potential for a large body of mineralization. The increased thickness of mineralization in RH22-01 supports this interpretation. VMS mineralization has been intersected over approximately 100 meters along a northwest trend, and to a depth of approximately 200 meters. Three previous holes, RH05-23, RH06-24 and RH06-25, had also intersected VMS mineralization, however, the intercept in RH22-01 is the most significant with respect to copper and zinc grades, and thickness. The volcanic sequence on the Redhill project is exposed in a 5 km wide, NNW-striking thrust slice over a distance of at least 20 km. The geology is interpreted to be chemically analogous and age equivalent to the Permo-Triassic age Kutcho Assemblage that hosts the Kutcho Creek Cu-Pb-Zn-Ag VMS deposit in northern British Columbia (MinFile # 091NW042). The Kutcho Creek deposit has a measured and inferred resource of 22.8 million tonnes @1.52% Cu and 2.18% Zn (Kutcho Copper Corp. Investor Presentation December 2022). The prospective volcanic rocks at Redhill are folded likely repeating the mineralized horizon(s)/mineralization, something also recorded in the Kutcho deposit. The core was logged and mineralized intervals were split at the Company's a secure logging facility in Kamloops. All samples were analyzed by ALS Global, Vancouver. All samples were assayed for gold by fire assay with an AA finish (code AA23). All samples were analyzed for 48 elements by four acid dissolution with an ICP-MS finish (code MS61). Overlimit copper and zinc samples were assayed (code OG62). Board Change • Jan 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. 4 non-independent directors. Independent Director Ronald McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 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 Ronald McMillan was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 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. 1 experienced director. 3 highly experienced directors. Independent Director Jason Riley was the last director to join the board, commencing their role in 2018. 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. 1 experienced director. 3 highly experienced directors. Independent Director Jason Riley was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 23
Bessor Minerals Inc. Provides Corporate Update Bessor Minerals Inc. provided corporate update. Planned exploration activities were impacted in the wake of COVID-19 precautions. However, the Company has been able to negotiate changes to the Redhill Option Agreement that will facilitate ongoin exploration and has been granted a two-year extension to its MYAB exploration permit. Additionally, Artemis Gol Inc. acquired the Blackwater Gold project from New Gold Inc., and with it, Bessor's 1% Net Smelter Retur on certain claims in the project. Redhill Project Bessor and Homegold Resources Inc. have agreed to modify certain terms of the 2015 Redhill project Option Agreement which will facilitate ongoing exploration in conjunction with the two-year extension to the MYAB exploration permit. The modifications are: $5,000 and 300,000 common shares of the Company upon TSX-V acceptance of the September 15, 2020 amendment; $17,500 and 500,000 common shares of the Company on or before July 8, 2021; $15,000 and 500,000 common shares of the Company on or before July 8, 2022 and $150,000 of exploration expenditures before November 15, 2022. The amendments are subject to TSX Venture Exchange approval. Key Project NSR Bessor holds a 1% NSR on certain claims within the Blackwater Gold Project, British Columbia, recently purchase by Artemis Gold Inc. Artemis purchased the Blackwater Gold Project from New Gold Inc. for an upfront cash payment of CAD 190 million and an 8% gold stream on the initial 280,000 ounces of gold production, reducing to 4% on all further production. In August 26, 2020, Artemis announced the results of a PreFeasibility Study based on a revised development approach to the Blackwater Gold Project. Golden Eagle Project Bessor plans to resume exploration in 2021. 
