Announcement • Dec 20
Fjordland Exploration Inc. Announces Board Changes Fjordland Exploration Inc. announced the appointment of Sean Davis to its Board of Directors, effective 19 December 2025 . Sean Davis brings more than 20 years of senior management and board experience across public and private companies. He has served as a director and officer of operating subsidiaries of public companies and has extensive experience supporting governance, compliance, and management oversight in both public and private company environments. In connection with Mr. Davis's appointment, Robert Cameron has stepped down from the Board of Directors to make room for the new appointment. Mr. Cameron will continue to work closely with the Company in his role as Qualified Person ("QP"), providing ongoing technical oversight and continuity with respect to regulatory reporting. New Risk • Nov 27
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$171k 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$171k free cash flow). Shares are highly illiquid. Negative equity (-CA$57k). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.24m market cap, or US$886.0k). New Risk • Aug 17
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$43k 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 Shares are highly illiquid. Negative equity (-CA$43k). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.24m market cap, or US$900.5k). Board Change • Aug 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. 3 non-independent directors. Independent Director Rob Cameron 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 13
Fjordland Exploration Inc., Annual General Meeting, Jul 16, 2025 Fjordland Exploration Inc., Annual General Meeting, Jul 16, 2025. Location: british columbia, vancouver Canada Announcement • Apr 12
Fjordland Exploration Inc., Annual General Meeting, Jun 20, 2024 Fjordland Exploration Inc., Annual General Meeting, Jun 20, 2024, at 10:00 Pacific Standard Time. Location: 1100 1111 Melville Street Vancouver British Columbia Canada Announcement • Sep 15
Fjordland Exploration Inc. Announces Board Changes Fjordland Exploration Inc. announced that the company has elected all four nominated directors, including newly appointed director, Robert Cameron, at the Company's recent Annual General Meeting. The meeting also completed the retirement of long-term directors, Vic Tanaka and Peter Krag-Hansen. Mr. Cameron is a geologist who has had a long and successful career that has included involvement in a number of discoveries including the QR Gold deposit, Kinross's first greenfields mine; the Kaspersky Hory Gold deposit in Czechia; and the discovery of the Cordero Silver deposit in Mexico. He was Canadian Exploration Manager for Phelps Dodge and Freeport McMoRan and Managing Director of Cyprus Canada. He is a member of the Association of Engineers and Geoscientists of British Columbia and is currently the President and CEO of Commander Resources and President and Director of Teako Minerals. Announcement • Jul 06
Fjordland Exploration Inc., Annual General Meeting, Sep 13, 2023 Fjordland Exploration Inc., Annual General Meeting, Sep 13, 2023, at 10:00 Pacific Standard Time. Location: 1100 1111 Melville Street Vancouver British Columbia Canada Announcement • May 19
Fjordland Exploration Inc. Reports Promising Graphite Metallurgical Results for the Renzy Project Fjordland Exploration Inc. announced that it has received promising results from a scoping level metallurgical evaluation of the graphite potential at its Renzy Project located northwest of Maniwaki Quebec. In early 2023, Fjordland engaged SGS Minerals Lakefield to test a representative graphite sample on drill core derived from its 2022 drill program. The primary objectives of the testing were to develop a preliminary understanding of the metallurgical response of the mineralization and to characterize the graphite concentrate in terms of flake size distribution and total carbon grade of different size fractions. After the third floatation test (F3), the 6th cleaner concentrate grade was 95.6% C(t) with a total carbon recovery of 94.2%. This high concentrate grade was achieved with polishing only, which suggests that the impurities are attached to the surface of the flakes rather intercalated. The flake size distributions of the sample classify the product as relatively coarse with 55% of the concentrate mass reporting to the+100 mesh size fractions. Only 5.1% of the total concentrate mass reported to the very small flake sizes of minus 325 mesh. The final 2 holes of the 2022 Renzy drill program tested portions of a long surface anomaly referred to as the "S-Conductor" located 6km south-east of the old Renzy mine. The anomaly coincides with a wide zone of graphite mineralization tested by drill holes RZ-22-06 and RZ-22-07 that intersected 34m and 55m core lengths and averaged 0.9% and 0.7% carbon, respectively. Higher grades occurred within the intercepts and the head grade for the metallurgical test measured 1.57% total carbon. SGS Lakefield reported that in order to evaluate the quality of the cleaner concentrates with regards to flake size distribution and Total carbon grade of the various size fractions, the final cleaner concentrates from F2 and F3 were submitted for a size fraction analysis. Announcement • Oct 26
Fjordland Exploration Inc. Rovides Update on Renzy Nickel Copper Project in Quebec Fjordland Exploration Inc. provided an update on the Renzy Nickel Copper project near Maniwaki Quebec. In the spring of 2022, Fjordland completed a 7 hole, 1,678m drill program on targets near the historic Renzy nickel mine. These holes were designed to test previously undrilled targets identified by the 2021 VTEM airborne geophysical survey. While greatly expanding the geological interpretation of the area, none of the holes intersected potential economic mineralization. Only targets proximal to the Renzy mine access road were tested during this program. A significant number of high potential targets remain untested. Company personnel are currently on site conducting a soil sampling program to help add additional information to refine future drill targets. Fjordland is planning for a future drill program for 2023. The mine itself was situated within a relatively un-magnetic portion of the terrain. In general, it is a method used to rank the quality of the conductance sources. For example, the historic Renzy mine site stands out as a discrete bright magenta. Fjordland's initial drill exploration strategy was to test a number of various geophysical anomalies to determine if any one signature was successful in finding another Renzy-like deposit. Going forward, Fjordland plans to target the VTEM anomalies accessible from the southern route to theproject. In order to further refine the targets, the Company is undertaking a soil survey to determine if anomalous soil signatures can be recorded on a hand-held XRF. Soil samples are being collected immediately adjacent to and down ice from the Renzy mine and Lac Alba mineralized zones. Assuming a halo signature can be identified, the survey will be expanded to other ultramafic outcrop and high priority areas. Positive results would be significant since the mineralized Alba outcrop projects a very limited geophysical signature. A number of notable graphite projects are currently under exploration within 200km of the Renzy Project. The most significant being Nouveau Monde Graphite's Matawinie graphite project with a 43-101 Measured and Indicated Resource of 130Mt grading 4.26% carbon graphite. While not currently a focus for the Company, the initial drill results from RZ 22-06 and RZ 22-07 and the widespread nature of the geophysical anomaly suggest the potential for finding higher grade occurrences elsewhere within the system. As a result of this program, Fjordland has now earned a 100% interest in the claims under the Quebec Precious Metals Joint Venture. The titles have now been transferred into Fjordland's name. Robert Cameron, P. Geo., a technical advisor to the Company, is a qualified person within the context of National Instrument 43-101 and has read and takes responsibility for the technical aspects of this release. Announcement • Sep 16
Fjordland Concludes Exploration Program At South Voisey's Bay Fjordland Exploration Inc. announced that in conjunction with Ivanhoe Electric Inc., and Commander Resources Ltd, the Company's drill program on the South Voisey's Bay nickel project located in Labrador has been concluded for 2022. The program operated out of the community of Hopedale Labrador. Initially the plan was to complete up to 2,500m of diamond core drilling by the fall; however, operational and safety issues curtailed this to approximately 500m. Drill hole 22-001 targeted the Worm gabbro and reached a target depth of 420m. It was designed to test a modelled conductor plate at between 250m and 300m downhole and a modelled density high at 400m. Gabbro was intersected between 206m and 260m followed by paragneiss. Another section of gabbro was intersected from 400m to the end of the hole. Drill hole 22-002 also targeted a strong modelled conductor plate at 300m; however, the hole was terminated at 60m. Announcement • Aug 17
Fjordland Exploration Inc. Begins Drilling At South Voisey's Bay Fjordland Exploration Inc. announced that in conjunction with Ivanhoe Electric Inc. and Commander Resources Ltd, the Company's drill program on the South Voisey's Bay nickel project located in Labrador is underway. Operating out of Hopedale Labrador, the plan is to complete up to 2,500m of diamond core by the fall. Located 90 km south of Vale's operating high-grade Voisey's Bay nickel mine, the South Voisey's Bay ("SVB") Pants Lake Intrusive is believed to have the potential for hosting a massive sulfide nickel deposit similar to the Voisey's Bay deposit. Nickel sulfide in varying amounts occurs in the vast majority of the previous drill holes assayed within the Pants Lake intrusive. As an example, in 1997, Donner Resources Ltd. reported a 1.1m intercept of 11.6% nickel, 10.2% copper and 0.41% cobalt in drill hole SVB 97-75 on ground now adjacent to Fjordland's project. The goal of this summer's drill program is to locate conduits within the SVB system where nickel bearing magma has potentially accumulated in economic volumes. Announcement • Jul 08
Fjordland Exploration Prepares for A Summer Drill Program on the South Voisey's Bay Nickel Project Located in Labrador Fjordland Exploration Inc. announced that in conjunction with Ivanhoe Electric Inc. and Commander Resources Ltd, the Company is preparing for a summer drill program on the South Voisey's Bay nickel project located in Labrador. In order to earn its 65% interest in the project, IE is required to spend CAD 5 million on exploration by October 31, 2024. For the 2022 field season, IE has committed to a maximum 2,500m drill program. Located 75 km south of Vale's operating high-grade Voisey's Bay nickel mine, the South Voisey's Bay Pants Lake Intrusive is believed to have the potential for hosting a massive sulfide nickel deposit similar to the Voisey's Bay deposit. Nickel sulfide in varying amounts occurs in the vast majority of the previous drill holes assayed within the Pants Lake intrusive. As an example, in 1997, Donner Resources Ltd. reported a 1.1m intercept of 11.6% nickel, 10.2% copper and 0.41% cobalt in drill hole SVB 97-75 on ground now adjacent to Fjordland's project. The goal of this summers drill program is to locate conduits within the SVB system where nickel bearing magma has flowed back into structural traps and accumulated into economic volumes. Board Change • Apr 27
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 Peter Krag-Hansen was the last independent director to join the board, commencing their role in 2003. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
Fjordland Exploration Inc. announced that it has received CAD 0.897155 million in funding On April 25, 2022 Fjordland Exploration Inc. closed the transaction. On the same day, the company has received $182,650 in its second and final tranche. The company has issued a total of 6,901,192 flow-through shares at a price of CAD 0.13 for gross proceeds of CAD 897,155. The transaction included participation from 14 placees, including total pro group involvement for 250,000 shares (two placees) and Mark Brown for 100,000 shares. The company paid finders' fees of CAD $41,700.30 to Laurentian Bank Securities, CAD 1,560 payable to Richardson Wealth Ltd. Announcement • Apr 24
Fjordland Exploration Inc., Annual General Meeting, Jun 28, 2022 Fjordland Exploration Inc., Annual General Meeting, Jun 28, 2022, at 10:00 Pacific Standard Time. Location: 1100 1111 Melville Street Vancouver British Columbia Canada Announcement • Mar 10
Fjordland Exploration Announces Drilling Underway at Fjordland's Renzy Nickel Copper Project in Quebec Fjordland Exploration Inc. announced that the Renzy drill program near Maniwaki Quebec is underway. The Company plans to drill a minimum of 2,500 meters. Equity Exploration Consultants has been contracted to manage the program and Cartwright Drill Inc. is supplying the drill rig and personnel. The $1 million budget is fully funded by the Company. Announcement • Feb 09
Fjordland Exploration Inc. (TSXV:FEX) acquired Witch copper-gold Porphyry Project from Equity Exploration Consultants Ltd. for CAD 0.01 million. Fjordland Exploration Inc. (TSXV:FEX) acquired Witch copper-gold Porphyry Project from Equity Exploration Consultants Ltd. for CAD 0.01 million on February 8, 2022. Fjordland acquired the core claims, representing one-third of the property from Equity Exploration Consultants Ltd. for 100,000 Fjordland common shares, subject to regulatory approval. The Equity claims were subject to a Net Smelter Royalty that Fjordland renegotiated with the royalty holders. Fjordland and the royalty holders have agreed to a 1% NSR on the Equity claims subject to a onetime reduction of either 0.5% upon the payment of CAD 4 million or 0.25% upon the payment of CAD 1.5 million.
Fjordland Exploration Inc. (TSXV:FEX) completed the acquisition of Witch copper-gold Porphyry Project from Equity Exploration Consultants Ltd. on February 8, 2022. Announcement • Sep 19
Fjordland Exploration Inc. Announces the Update on the Renzy Nickel Copper Project Located North of Maniwaki Quebec Fjordland Exploration Inc. announced the following update on the Renzy nickel copper project located north of Maniwaki Quebec. In anticipation of an expanded airborne survey the Company staked an additional 120 claims to the south and east of the original property. The total land area controlled by Fjordland is now 308 square kilometres. The ground loop EM surveys were overseen by Crone Geophysics and Fjordland's consulting geophysicist, Brian Bengert of Platform Geoscience. Brian is a noted nickel specialist and was a principal member of the team that discovered the underground resources at Voisey's Bay. Two of the loops confirmed the VTEM results with conductors coincident with each survey. Another loop confirmed a moderately conductive body within a broad disseminated sulfide signature over 3km. One loop located at the South Alba Lake occurrence which has previously been mini-bulk sampled and drilled did not detect a conductor. The VTEM results were also negative even though drill intersection RZ-08-04 graded 0.43% Cu and 0.21% Ni over 6.65 m and drill intersection RZ-08-06 0.42% Cu and 0.21% Ni over 9.00 m. Announcement • Mar 19
Fjordland Exploration Inc. Increases Renzy Land Position and Initiates Airborne Geophysical Survey Fjordland Exploration Inc. announce that it has contracted Geotech Airborne Geophysical Surveys to conduct a VTEM Max and Groundfloor EM survey over the Renzy claims group. In conjunction with the survey, Fjordland recently staked an additional 255 claims to increase the total project area to approximately 235 square kilometres. Equipment is currently being delivered to site and the survey is expected to start imminently. Announcement • Feb 14
Fjordland Exploration Inc. announced that it has received CAD 2.5 million in funding On February 12, 2021, Fjordland Exploration Inc. (TSXV:FEX) closed the transaction. The company issued 25,000,000 units for gross proceeds of CAD 2,500,000 in the transaction. The transaction included participation from 100 placees including James Tuer, Chief Executive Officer and director for 500,000 units, Mark Gibson, director for 200,000 units, Peter Krag-Hansen, director for 250,000 units and aggregate pro group involvement for 3,423,000 units. Each warrant can be exercisable until February 12, 2023. The company paid finders fees of 6% to Canaccord Genuity Corp. for CAD 900 in cash, Haywood Securities Inc. for CAD 18,000 in cash and 171,000 finder's units, and PI Financial Corp. for CAD 8,850 in the transaction. Each finders unit consists of one common share and one-half of one share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.175 per share until February 12, 2023. All the securities issued in the transaction are subject to a hold period of until June 13, 2021. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. Is New 90 Day High Low • Feb 13
New 90-day high: CA$0.23 The company is up 188% from its price of CA$0.08 on 10 November 2020. The Canadian market is up 12% 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 • Jan 26
Fjordland Exploration Inc. announced that it expects to receive CAD 2 million in funding Fjordland Exploration Inc. (TSXV:FEX) announced a private placement of up to 20,000,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 2,000,000 on January 25, 2021. Each Unit will consist of one common share of the company and one-half of one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at a price of CAD 0.175 per common share for 24 months following the closing date of the transaction. The transaction is subject to TSX Venture Exchange approval and all securities will be subject to a four month hold period. A finder’s fee may be paid to arm’s-length parties on this private placement. Announcement • Jan 13
Fjordland Exploration Inc. Announces Board Changes Fjordland Exploration Inc. announced that Mr. Mark Gibson has agreed to join its board of directors as HPX's appointee.
Mr. Gibson serves as the Chief Operating Officer of High Power Exploration. In order to allow Mr. Gibson to join the board, long time board member Ross McDonald has agreed to retire from the board and continue to aid Fjordland in an advisory capacity. Announcement • Dec 03
Fjordland Exploration Inc. Identifies Drill Targets At North Thompson Nickel Project FJORDLAND EXPLORATION INC. announced that in conjunction with CanAlaska Uranium Ltd. and High Power Exploration Inc. (HPX), it has completed the evaluation of 18 drill targets on the Strong exploration licence within the North Thompson Nickel Belt (NTNB) project. The NTNB project was optioned by Fjordland due to the existence of a VTEM airborne geophysical survey that had never seen any follow up work on the ground. In 2007, Geotech Ltd. flew a survey over the Strong property. The data was initially processed and interpreted in 2008 by Condor Consulting Inc. who defined and prioritized a series of target areas that warranted drilling; however, as a result of market conditions at the time no drill activity was ever conducted. In the ensuing years there have been significant advances in the geophysical modeling and interpretation of airborne surveys. One of the industry leaders in the field, Computational Geosciences Inc. (CGI) of Vancouver BC, an affiliate of HPX, was contracted to perform advanced 3D inversions on the VTEM database in order to generate definitive conductive nickel sulphide targets. CanAlaska, as operator, has prepared the budget for a 2,000m and 4,000m drill program which would result in between 8 to 18 holes being completed. The total cost is estimated at between $1.0 million and $1.6 million. The program is scheduled for the first 4 months of 2021 subject to permitting, Covid-19 restrictions in Manitoba and financing. Fjordland has been granted an option by CanAlaska Uranium to earn an interest in two large claim groups, Strong and Hunter, situated 20km. north of Vale's long-life Thompson mine located in northern Manitoba. The properties are considered prospective for Ni-Cu-Co-PGE magmatic sulphide mineralization analogous to the deposits hosting the historic mine. The Company is earning into an initial 49% interest in the project by spending $1.5 million by May 2022. Please see news release NR#20-02 dated May 5, 2020 for further information. Announcement • Aug 07
Fjordland Exploration Inc. Appoints James R. Tuer as Chief Executive Officer FJORDLAND EXPLORATION INC. Richard Atkinson P.Eng., Chairman announced that effective August 1, 2020 James R. Tuer has assumed the role of President, Chief Executive Officer and Director of the company. Jamie will assume responsibility for managing Fjordland's ongoing nickel, copper, cobalt and platinum group element exploration projects, in conjunction with its partners; High Power Exploration, Commander Resources and CanAlaska Uranium. The company's two preeminent projects are located in Canada's premier nickel belts-Voisey's Bay, Labrador and Thompson, Manitoba. After being exposed to the mineral exploration industry in various capacities, Jamie was the founding principal of Hudson Resources Inc. During Jamie's 19-year tenure as President, the company developed opportunities in diamonds, rare earths and industrial minerals. Among other things, these activities resulted in the discovery of the large diamonds ever found in Greenland, the delineation of a significant rare earth 43-101 resource at Sarfartoq, and the development and construction of the 100% owned White Mountain anorthosite mine which is permitted for 50 years and is estimated to be able to sustain over 100 years of activity. 