New Risk • 8h
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). Earnings have declined by 9.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (CA$6.6k revenue, or US$4.8k). Minor Risk Market cap is less than US$100m (CA$32.8m market cap, or US$24.0m). Announcement • Apr 21
Nio Strategic Metals Inc., Annual General Meeting, Jun 17, 2026 Nio Strategic Metals Inc., Annual General Meeting, Jun 17, 2026. Reported Earnings • Apr 09
Full year 2025 earnings released: CA$0.01 loss per share (vs CA$0.011 loss in FY 2024) Full year 2025 results: CA$0.01 loss per share. Net loss: CA$957.2k (loss widened 10.0% from FY 2024). New Risk • Mar 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% 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 (20% average weekly change). Earnings have declined by 9.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m (CA$5.2k revenue, or US$3.8k). Minor Risk Market cap is less than US$100m (CA$35.4m market cap, or US$26.1m). Announcement • Mar 07
Nio Strategic Metals Inc. announced that it has received CAD 5.349975 million in funding On March 6, 2026, Nio Strategic Metals Inc closed the transaction. In connection with the Private Placement, the Corporation paid the following fees to certain eligible finders (i) a cash fee of CAD 105,376 and 645,161 Common Shares to Jean-Sébastien Blanchette. The Financing received conditional approval but remains subject to final acceptance of the TSXV Announcement • Jan 31
Nio Strategic Metals Inc. announced that it expects to receive CAD 4.18535 million in funding Nio Strategic Metals Inc. announced intends to complete a non-brokered private placement of up to 27,002,255 common shares at a price of CAD 0.155 for gross proceeds of CAD 4,185,349.525 on January 29, 2026. The closing of the transaction is subject to customary closing conditions and is expected to be completed in February, 2026. The private placement is subject to the approval of the TSX Venture Exchange. The securities issued in connection with the private placement will be subject to a four-month hold period in accordance with applicable securities laws. The corporation is in advanced discussions with a limited number of investors and has received indications covering a major portion of the private placement. Insiders of the corporation are expected to subscribe for an aggregate of 483,870 common shares under the private placement. The corporation may pay a commission or finder's fee to eligible parties in connection with the private placement subject to the approval of the Toronto Stock Exchange and compliance with applicable securities laws. There can be no guarantee that the private placement will be completed on the terms outlined above or at all. The completion of the private placement will be subject to further closing conditions, including compliance with all applicable TSX-V policies or requirements. Reported Earnings • Dec 19
Third quarter 2025 earnings released: CA$0.002 loss per share (vs CA$0.002 loss in 3Q 2024) Third quarter 2025 results: CA$0.002 loss per share (in line with 3Q 2024). Net loss: CA$207.2k (loss widened 59% from 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 49% per year, which means it is well ahead of earnings. Announcement • Nov 29
Nio Strategic Metals Inc. announced that it expects to receive CAD 0.75 million in funding Nio Strategic Metals Inc. announced a private placement on November 28, 2025. The company has issued 6,000,000 flow-through common shares at a price of CAD 0.125 for gross proceeds of approximately CAD 750,000. The private placement remains subject to final acceptance of the TSX Venture Exchange and the company's receipt of all necessary regulatory approvals. The offering is subject to a four-month hold period from the date of issuance. In connection with the private placement, the company issued 175,000 finder warrants and will pay commissions of CAD 26,250. Each finder warrant will entitle the holder, on exercise thereof, to acquire one additional common share in the capital of the company at a price of CAD 0.15 per share for a period of 24 months from the date of issuance. Reported Earnings • Aug 28
Second quarter 2025 earnings released: CA$0.002 loss per share (vs CA$0.005 loss in 2Q 2024) Second quarter 2025 results: CA$0.002 loss per share (improved from CA$0.005 loss in 2Q 2024). Net loss: CA$214.9k (loss narrowed 47% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 18
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Christoph Ebeling 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 • Jun 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% 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 Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m (CA$8.1k revenue, or US$5.9k). Market cap is less than US$10m (CA$5.07m market cap, or US$3.71m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Reported Earnings • May 30
First quarter 2025 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 1Q 2024) First quarter 2025 results: CA$0.002 loss per share (further deteriorated from CA$0.001 loss in 1Q 2024). Net loss: CA$202.1k (loss widened 82% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. New Risk • May 16
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). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m (CA$8.5k revenue, or US$6.1k). Market cap is less than US$10m (CA$4.07m market cap, or US$2.91m). Announcement • May 13
Nio Strategic Metals Inc., Annual General Meeting, Jul 09, 2025 Nio Strategic Metals Inc., Annual General Meeting, Jul 09, 2025. Announcement • Feb 05
Nio Strategic Metals Inc. announced that it expects to receive CAD 0.4 million in funding Nio Strategic Metals Inc. announced a private placement that it will receive financial assistance from the Elements08 Strategic Metals Excellence Centre up to a maximum of CAD 400,000 on February 4, 2025. Announcement • Dec 18
Nio Strategic Metals Inc. announced that it has received CAD 0.329 million in funding Nio Strategic Metals Inc. announced a private placement to issue 5,483,333 flow-through common shares at issue price of CAD 0.06 for proceeds of CAD 328,999.98 on December 18, 2024. The Private Placement remains subject to final acceptance of the TSX Venture Exchange and the Company's receipt of all necessary regulatory approvals. The offering is subject to a four-month hold period from the date of issuance. In connection with the Private Placement, the Company issued 187,500 finder's warrants and paid commissions of CAD 15,000. Each Finder's Warrant will entitle the holder, on exercise thereof, to acquire one additional common share in the capital of the Company at a price of CAD 0.08 per share for a period of 24 months from the date of issuance. Reported Earnings • Nov 28
Third quarter 2024 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 3Q 2023) Third quarter 2024 results: CA$0.002 loss per share (further deteriorated from CA$0.001 loss in 3Q 2023). Net loss: CA$130.5k (loss widened 32% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 22
Second quarter 2024 earnings released: CA$0.005 loss per share (vs CA$0.003 loss in 2Q 2023) Second quarter 2024 results: CA$0.005 loss per share (further deteriorated from CA$0.003 loss in 2Q 2023). Net loss: CA$407.3k (loss widened 66% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jun 08
Nio Strategic Metals Inc. (TSXV:NIO) completed the acquisition of 1478472 B.C. Ltd. Nio Strategic Metals Inc. (TSXV:NIO) entered into a share purchase agreement to acquire 1478472 B.C. Ltd. for CAD 0.4 million on May 1, 2024. As consideration for the SPA, the Company shall pay an aggregate of CAD 75,000 as a cash contribution and CAD 325,000 in common shares of the Company. The Acquisition contemplated by the SPA is anticipated to close before May 31, 2024.
Nio Strategic Metals Inc. (TSXV:NIO) completed the acquisition of 1478472 B.C. Ltd. on June 6, 2024. Reported Earnings • Jun 04
First quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.003 loss in 1Q 2023) First quarter 2024 results: CA$0.001 loss per share (improved from CA$0.003 loss in 1Q 2023). Net loss: CA$110.8k (loss narrowed 45% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. New Risk • May 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). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (CA$12k revenue, or US$8.9k). Market cap is less than US$10m (CA$4.39m market cap, or US$3.21m). Minor Risk Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Announcement • May 03
Nio Strategic Metals Inc. (TSXV:NIO) entered into a share purchase agreement to acquire 1478472 B.C. Ltd. for CAD 0.4 million. Nio Strategic Metals Inc. (TSXV:NIO) entered into a share purchase agreement to acquire 1478472 B.C. Ltd. for CAD 0.4 million on May 1, 2024. As consideration for the SPA, the Company shall pay an aggregate of CAD 75,000 as a cash contribution and CAD 325,000 in common shares of the Company. The Acquisition contemplated by the SPA is anticipated to close before May 31, 2024. Reported Earnings • May 01
Full year 2023 earnings released: CA$0.01 loss per share (vs CA$0.007 loss in FY 2022) Full year 2023 results: CA$0.01 loss per share (further deteriorated from CA$0.007 loss in FY 2022). Net loss: CA$729.3k (loss widened 53% from FY 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Apr 21
Nio Strategic Metals Inc., Annual General Meeting, Jun 14, 2024 Nio Strategic Metals Inc., Annual General Meeting, Jun 14, 2024. Reported Earnings • Nov 29
Third quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.003 loss in 3Q 2022) Third quarter 2023 results: CA$0.001 loss per share (improved from CA$0.003 loss in 3Q 2022). Net loss: CA$98.7k (loss narrowed 48% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. New Risk • Oct 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% 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 Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (CA$13k revenue, or US$9.2k). Market cap is less than US$10m (CA$8.78m market cap, or US$6.33m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (5.5% increase in shares outstanding). New Risk • Oct 02
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 Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (CA$13k revenue, or US$9.3k). Market cap is less than US$10m (CA$9.84m market cap, or US$7.20m). Reported Earnings • Aug 25
Second quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.003 loss in 2Q 2022) Second quarter 2023 results: CA$0.003 loss per share (in line with 2Q 2022). Net loss: CA$246.2k (loss widened 29% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Aug 16
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 Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m (CA$12k revenue, or US$8.8k). Market cap is less than US$10m (CA$8.33m market cap, or US$6.17m). Reported Earnings • Jun 01
First quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.001 profit in 1Q 2022) First quarter 2023 results: CA$0.003 loss per share (down from CA$0.001 profit in 1Q 2022). Net loss: CA$201.9k (down 437% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 01
Full year 2022 earnings released: CA$0.007 loss per share (vs CA$0.032 loss in FY 2021) Full year 2022 results: CA$0.007 loss per share (improved from CA$0.032 loss in FY 2021). Net loss: CA$477.2k (loss narrowed 52% from FY 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Feb 01
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. 3 experienced directors. 3 highly experienced directors. Director Hubert Vallee was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 16
Third quarter 2022 earnings released: CA$0.003 loss per share (vs CA$0.008 loss in 3Q 2021) Third quarter 2022 results: CA$0.003 loss per share (improved from CA$0.008 loss in 3Q 2021). Net loss: CA$190.1k (loss narrowed 3.3% from 3Q 2021). Reported Earnings • Aug 27
Second quarter 2022 earnings released: CA$0.003 loss per share (vs CA$0.007 loss in 2Q 2021) Second quarter 2022 results: CA$0.003 loss per share. Net loss: CA$190.4k (loss widened 12% from 2Q 2021). Reported Earnings • May 28
First quarter 2022 earnings released: EPS: CA$0.001 (vs CA$0.005 loss in 1Q 2021) First quarter 2022 results: EPS: CA$0.001 (up from CA$0.005 loss in 1Q 2021). Net income: CA$60.0k (up CA$202.8k from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 09
Full year 2021 earnings released: CA$0.032 loss per share (vs CA$0.016 loss in FY 2020) Full year 2021 results: CA$0.032 loss per share (down from CA$0.016 loss in FY 2020). Net loss: CA$991.0k (loss widened 135% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Reported Earnings • Dec 02
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: CA$0.008 loss per share (down from CA$0.004 loss in 3Q 2020). Net loss: CA$196.6k (loss widened 88% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Reported Earnings • Sep 02
Second quarter 2021 earnings released: CA$0.007 loss per share (vs CA$0.004 loss in 2Q 2020) Second quarter 2021 results: Net loss: CA$170.1k (loss widened 50% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Aug 28
Niocan Inc. announced that it expects to receive CAD 2.15 million in funding Niocan Inc. announced a best efforts private placement of a minimum of 12,500,000 units and a maximum of 21,500,000 units at a price of CAD 0.10 per unit for minimum gross proceeds of CAD 1,250,000 and maximum gross proceeds of CAD 2,150,000 on August 27, 2021. Each unit will consist of one common share and one-half of one common share purchase warrant of the company. Each warrant will be exercisable to acquire one common share of the company at an exercise price of CAD 0.12 per share for a period of 24 months from the date of issuance. The company has granted the agent an option, exercisable at any time prior to the closing date, to sell up to an additional 4,300,000 units. If the agent’s option is exercised in full, the aggregate gross proceeds of the transaction would be CAD 2,580,000. All securities to be issued in the transaction will be subject to a hold period of four months plus one day from the date of issuance. The transaction is expected to close on or about September 13, 2021 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals. Reported Earnings • May 29
First quarter 2021 earnings released: CA$0.005 loss per share (vs CA$0.004 loss in 1Q 2020) First quarter 2021 results: Net loss: CA$142.8k (loss widened 23% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 03
Full year 2020 earnings released: CA$0.016 loss per share (vs CA$0.017 loss in FY 2019) Full year 2020 results: Net loss: CA$422.6k (loss narrowed 6.9% from FY 2019). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 28
Third quarter 2020 earnings released: CA$0.004 loss per share Third quarter 2020 results: Net loss: CA$104.8k (loss narrowed 1.3% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Nov 16
New 90-day high: CA$0.23 The company is up 44% from its price of CA$0.16 on 18 August 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 8.0% over the same period. Announcement • Nov 14
Niocan Inc. Provides Update on Its Niobium Property in Oka and Related Mining Lease Niocan Inc. announced it has received confirmation from the Ministère de l'Energie et des Ressources naturelles ("MERN") of the approval of the conversion of its mining lease concerning its niobium property located in the Oka region in Quebec, Canada into claims. The mining lease has been in existence since 2000 and the Company has for many years been awaiting the receipt of a Certificate of Authorization from the Ministry of Sustainable Development, Environment and Fight against Climate Change ("MDDELCC") which would allow it to exploit its Oka mine project. The Company considers that it has produced all information required by the MDDELCC for the issuance of a Certificate of Authorization; however, in spite of the Company's repeated attempts to obtain an indication from the MDDELCC as to its intentions to the Certificate of Authorization, the Company has not yet received conclusive information to this effect. The mining lease for the property expired on July 20, 2020, at which time Niocan requested that the MERN issue mining claims over the lands covered by the lease. A decision was made by the MERN to issue the claims to Niocan. 
