New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.9m free cash flow). Earnings have declined by 55% per year over the past 5 years. Shareholders have been substantially diluted in the past year (64% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$22.6m market cap, or US$16.3m). Announcement • Jan 23
Lion Rock Resources Inc. Completes Phase 1 Drill Program At Volney Project, South Dakota LION Rock Resources Inc. provided an update on its exploration activities at the Volney Project, located in the historic Black Hills mining district of South Dakota, USA. Phase 1 of the Company's multi-phase exploration drill program at the Volney Project is now complete, following the completion of 15 drill holes. The Company completed approximately 3,600 metres of diamond drilling in 15 drillholes targeting both interpreted gold-bearing horizons and lithium-bearing pegmatites along the Volney trend, including areas near the historic Giant Volney, Rusty, and Rough & Ready mines. Of the holes completed to date, five have targeted lithium-bearing pegmatites, five have targeted gold-bearing structures, and five have targeted both lithium and gold mineralization. This program represents the first modern drill testing along the Volney trend. Multiple Mineralized and Altered Shear Zones Successfully Intersected: Drilling has encountered multiple sulphide-bearing shear intervals of various lengths with associated quartz veining and silicification hosted in altered mafic volcanics and metasedimentary rocks. These altered and mineralized horizons have been encountered throughout the entire drilled strike length so far. Drill core displays similar characteristics with auriferous units previously mapped and sampled at surface, where grab samples returned up to 14.0 g/t Au. Spodumene-bearing Pegmatite Intersected: Spodumene has been identified in multiple pegmatite intercepts in the Giant Volney and Rough & Ready mine areas. Drillhole VOL25-009 intercepted two spodumene-bearing pegmatite zones from 48.3 to 76.9 m and from 103.5 to 120.3 m. These pegmatites occur near areas of previous surface sampling that returned up to 3.6% Li2O and are consistent with mapped pegmatite system in the Volney target area. Cassiterite and tantalite have also been observed in drill core. Assays Pending: Core processing and sampling for the final drillholes is complete with samples shipped to SGS in Denver, Colorado for analysis. Assay results will be reported as they become available. New Risk • Nov 30
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$3.9m 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$3.9m free cash flow). Earnings have declined by 55% per year over the past 5 years. Shareholders have been substantially diluted in the past year (154% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$45.2m market cap, or US$32.3m). Announcement • Sep 16
Lion Rock Resources Inc. announced that it has received CAD 5.317056 million in funding On September 15, 2025, the company has closed the transaction. The company has issued 26,585,281 units of the Company at a price of CAD 0.20 per Unit for total gross proceeds of CAD 5,317,056. The common shares and Warrants comprising the Units and any common shares issued on exercise of the Warrants are subject to a hold period and may not be traded until January 16, 2026, except as permitted by applicable securities legislation and the rules and policies of the TSX Venture Exchange. The Company did not pay any finders’ fees with respect to the Offering. Announcement • Aug 27
Lion Rock Resources Inc. announced that it expects to receive CAD 3 million in funding Lion Rock Resources Inc. announces a non-brokered private placement to issue 15,000,000 units at a price of CAD 0.20 per unit for gross proceeds of CAD 3,000,000 on August 26, 2025. Each Unit will be comprised of one common share in the capital of the Company and one non-transferable share purchase warrant, with each Warrant entitling the holder thereof to acquire one additional common share at a price of CAD 0.30 per share for two years from the date of issue. The Offering is subject to the acceptance of the TSX Venture Exchange. New Risk • Jun 06
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$1.8m 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$2.1m free cash flow). Negative equity (-CA$1.8m). Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (88% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Market cap is less than US$100m (CA$23.6m market cap, or US$17.2m). Board Change • Jun 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Dominic Verdejo is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • May 30
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$2.1m 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$2.1m free cash flow). Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (69% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Market cap is less than US$100m (CA$19.8m market cap, or US$14.4m). Announcement • May 29
Lion Rock Resources Inc. Reports New Gold Results Including 189.5 G/T at Volney Project, South Dakota LION Rock Resources Inc. announced gold assay results from its recent surface sampling program at the Volney Project, South Dakota. The results include 189.5 g/t Au from float material and 14.0 g/t Au from bedrock, confirming the presence of multiple distinct gold target zones and strong potential for further discoveries across underexplored areas of the property. Located 20 km southwest of Spearfish in the prolific Black Hills Mining District, Volney is a past-producing, multi-commodity project hosting high-grade gold, lithium, and tin. Highlights: High-Grade Bedrock Mineralization Along Major Gold-Bearing Horizon: Sampling at the Volney Project target outlined a 260 m shear trend open along strike, with bedrock chip samples returning up to 14.0 g/t gold. A total of 20 bedrock samples returned values over 0.5 g/t Au, associated with quartz veining or sheared greenstone units. High-Grade Float Samples: Grab samples from float material returned 41 samples >1.0 g/t Au, including 7 samples >10.0 g/t Au. High-grade samples were typically associated with quartz veining and silicification. Multiple Gold Mineralization Host Units: Gold occurs in both greenstone-hosted and Tertiary vein and breccia systems. Only a limited portion of the property has been explored to date, indicating strong potential for additional discoveries. Multi-Commodity Upside: In addition to high-grade gold, recent grab sampling returned lithium values up to 5.3% Li2O from historic stockpiles and up to 3.7% Li2O from outcrop. 13 stockpile samples also reported tin values greater than 1.0% Sn, highlighting by-product potential. Private Land - Fast-Tracked Permitting: The Volney Project is situated on 142 hectares of privately held land with surface and mineral rights, enabling rapid drill program execution and accelerated permitting from exploration through production. Grab and chip samples are selective in nature and may not be representative of the mineralization on the property. For grab samples, 1 to 3 kg of material was collected from a single location marked as either float or stockpile. For chip samples, 1 to 3 kg of rock was collected by hammer and chisel from outcrop faces over up to 1 m. Announcement • May 23
Lion Rock Resources Completes High-Resolution Magnetic Survey At Volney Project, South Dakota Lion Rock Resources Inc. announced the successful completion of a high- resolution magnetic survey at its multi-commodity Volney Project (Figure 1). Located 20 km southwest of Spearfish in the Black Hills Mining District, Volney is a past-producing, multi-commodity project that hosts high-grade gold, high-grade lithium, and high-grade tin. The survey, conducted by EarthEx Geophysical Solutions ("EarthEx"), employed their ultra-high- resolution low-flying UAV magnetic surveying system ("exMAG") at the Volney Project. Ultra-high resolution magnetic data is an effective way of rapidly mapping the bedrock across entire project areas and is one of the best tools for identifying structural features and areas of low magnetic susceptibility that may correlate with lithium-bearing pegmatite units. Survey Highlights: Ultra-High Resolution Magnetic Survey Completed Across Entire Project Area: The UAV- based magnetic survey was flown at 35 m line spacing and provides a high-resolution magnetic dataset to support geological interpretation and drill targeting. Data to Enhance Targeting of Lithium-Bearing Pegmatites and Shear-Hosted Gold: The exMAG system allows for rapid mapping of bedrock geology and the identification of subtle structural features and zones of low magnetic susceptibility which may correlate with lithium- cesium-tantalum (LCT) pegmatite systems. Supports Drill Targeting and Expands Structural Understanding: The magnetic data set will be integrated with surface sampling results and geological mapping to refine drill targets across the 1,000 m by 500 m lithium corridor. Announcement • May 10
Lion Rock Resources Inc. Announces Board Changes Lion Rock Resources Inc. announced Board of Director appointments of two seasoned mining executives. Nav Dhaliwal, a capital markets expert with more than 20 years of success in leading and advising mining companies, has joined the Company as Executive Chairman and director. Additionally, Laurence Farmer, who currently serves as General Counsel and Vice President of Strategic Development, for Osisko Development Corp., joins as Lion Rock's new, independent director, replacing Nicholas Rodway who has resigned as a director of the Company. Nav Dhaliwal is a capital markets expert with 20+ years of maximizing shareholder value in the mining sector. He has a top tier track record of identifying undervalued companies and facilitating growth through improved market awareness, optimal financing, and astute corporate leadership. Mr. Dhaliwal has built a global financial network of institutional investors, family offices, analysts, brokers, and high net worth investors. He has long standing relationships with all major gold and energy metal funds and has raised over $500 Million for exploration and development companies. Mr. Dhaliwal is currently president, CEO and director, of Renegade Gold, as well as Executive Chairman of Badlands Resources, and director of Mason Graphite. Laurence Farmer is an experienced legal and financial executive, and is currently serving as General Counsel, Vice President of Strategic Development, and Corporate Secretary at Osisko Development Corp. Mr. Farmer is the Co-Founder and Chief Executive Officer of Electric Elements Mining Corp., a privately- held exploration company focused on precious and critical metals projects, spun out from Osisko Development in November 2023. Additionally, he brings more than a decade of international experience in mergers & acquisitions, corporate finance, and capital markets. Mr. Farmer's career includes practicing corporate law with Norton Rose Fulbright in Montreal and London, followed by investment banking with RBC Capital Markets in London. Throughout his distinguished career in the mining sector, he has played key roles in developing, structuring, and closing transactions exceeding $20 billion in aggregate value. He holds dual Bachelor of Civil Law and Juris Doctor (B.C.L./J.D.) degrees from McGill University and is a member of the Québec Bar. Announcement • Apr 29
Lion Rock Resources Inc., Annual General Meeting, Jun 24, 2025 Lion Rock Resources Inc., Annual General Meeting, Jun 24, 2025. New Risk • Mar 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$780k). Earnings have declined by 46% per year over the past 5 years. Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$14.0m market cap, or US$9.67m). Announcement • Feb 07
Lion Rock Resources Inc. announced that it has received CAD 2.16 million in funding Lion Rock Resources Inc. announced a non-brokered private placement of 21,600,000 units at an issue price of CAD 0.10 per unit for gross proceeds of CAD 2,160,000 on February 6, 2025. Each Unit consists of one common share and one non-transferable share purchase warrant with each Warrant entitling the holder thereof to acquire one additional common share at a price of CAD 0.20 per share until February 6, 2027. All securities issued under the Offering are subject to a hold period and may not be traded until June 7, 2025, except as permitted by applicable securities legislation and the rules and policies of the TSX Venture Exchange. Board Change • Jan 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Director Kevin Bottomley is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$2.0m free cash flow). Negative equity (-CA$780k). Earnings have declined by 46% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.02m market cap, or US$3.51m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Sep 03
Lion Rock Resources Inc., Annual General Meeting, Oct 29, 2024 Lion Rock Resources Inc., Annual General Meeting, Oct 29, 2024. New Risk • Aug 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.5m free cash flow). Negative equity (-CA$137k). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.70m market cap, or US$4.92m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Jun 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$1.5m 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$1.5m free cash flow). Negative equity (-CA$137k). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (137% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.96m market cap, or US$5.84m). New Risk • Apr 28
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$726k 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 Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-CA$726k). Shareholders have been substantially diluted in the past year (137% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.54m market cap, or US$5.51m). Announcement • Mar 13
Lion Rock Resources Inc. announced that it has received CAD 1 million in funding On March 12, 2024, Lion Rock Resources Inc. closed the transaction. Each warrant entitling the holder thereof to acquire one additional common share until March 11, 2026. The company issued 400,000 common shares and 400,000 share purchase warrants in payment of finders' fees with respect to the offering. Each finder's warrant entitles the holder thereof to acquire one common share of the company at a price of CAD 0.20 until March 11, 2026. The common shares and warrants comprising the units, the finders' warrants, and any common shares issued on exercise of the warrants and finders' warrants are subject to a hold period and may not be traded until July 12, 2024, except as permitted by applicable securities legislation and the rules and policies of the TSX Venture Exchange. Announcement • Feb 22
Lion Rock Resources Inc. announced that it expects to receive CAD 1 million in funding Lion Rock Resources Inc. announced a non brokered private placement to issue 10,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 1,000,000 on February 21, 2024. Each unit will be composed of one common share and one non-transferable share purchase warrant, with each warrant entitling the holder thereof to acquire one additional common share at a price of CAD 0.20 per share for two years from the date of issue. Finders' fees may be payable in whole or in part on the offering, pursuant to the policies of the TSX Venture Exchange. All securities issued under the offering will be subject to regulatory hold periods expiring four months and one day from the date of issue. The offering is subject to the acceptance of the TSX Venture Exchange. New Risk • Feb 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). Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.15m market cap, or US$2.33m). Board Change • Oct 25
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. 4 non-independent directors. Independent Director Dominic Verdejo 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 • Oct 21
Lion Rock Resources Inc. Announces Director Changes Lion Rock Resources Inc. announced that Richard Boulay has been appointed a director of the Company. Mr. Boulay is a geologist with over 40 years of experience in the exploration and mining industries in Canada and internationally, including 15 years of mining and infrastructure financing experience gained with Bank of Montreal, Royal Bank of Canada and Bank of Tokyo. During Mr. Boulay's project financing career, he arranged the financing of numerous underground and open pit mining projects, hydro and diversion dams, nuclear reactors, pipelines and offshore oil exploration and production platforms. He has extensive experience in the management and financing of public companies in Canada and the United States. Nathan Tribble has resigned as director of the Company. Announcement • Aug 25
Lion Rock Resources Inc. announced that it has received CAD 1.07 million in funding Lion Rock Resources Inc. announced a non-brokered private placement of 10,700,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 1,070,000 on August 23, 2023. Each unit is comprised of one common share and one share purchase warrant, with each warrant entitling the holder thereof to acquire one additional common share at a price of CAD 0.20 per share. The warrants are exercisable for two years from the date of issue, provided that after the expiry of all regulatory hold periods on the warrants, if the common shares trade on the TSX Venture Exchange at a price of CAD 0.40 or more for five consecutive trading days at any time, then the warrants will expire, subject to the Company’s discretion, on the earlier of the expiry date and 4:30 p.m. on the date that is 30 calendar days after the company provides notice to the holders of the warrants that the acceleration event has occurred. The common shares comprising the units, warrants, and any common shares issued upon exercise of the warrants are subject to a hold period and may not be traded until December 24, 2023, except as permitted by applicable securities legislation and the rules and policies of the TSX Venture Exchange. New Risk • Aug 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 78% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.09m market cap, or US$3.01m). New Risk • Aug 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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. Revenue is less than US$1m. Market cap is less than US$10m (CA$2.70m market cap, or US$1.99m). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding). Announcement • Aug 03
Lion Rock Resources Inc., Annual General Meeting, Oct 10, 2023 Lion Rock Resources Inc., Annual General Meeting, Oct 10, 2023. Board Change • Jul 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. 5 non-independent directors. Independent Director Nathan Tribble was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 26
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 Nathan Tribble was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 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 Nathan Tribble was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 20
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 Nathan Tribble was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 08
Lion Rock Resources Inc. Announces Election of Dominic Verdejo to Board of Directors Lion Rock Resources Inc. announced the election of Dominic Verdejo to the Company's Board of Directors. Mr. Verdejo has over 12 years' experience in the venture capital markets, specializing in the design andimplementation of market strategies and corporate development. He has particular expertise in the mineral exploration and development sector and has been involved in the building and financing of many successful public companies. Mr. Verdejo has held director and senior officer positions in several public companies. Announcement • Jul 30
Lion Rock Resources Inc., Annual General Meeting, Oct 04, 2022 Lion Rock Resources Inc., Annual General Meeting, Oct 04, 2022. Announcement • Jul 24
Lion Rock Resources Inc Announces Executive Changes Lion Rock Resources Inc. announced that it has appointed Mr. P. Joseph Meagher, CA, CPA and C.Dir, as its Chief Financial Officer. Mr. Meagher replaces Ms. Jody Bellefleur who has been the Company's CFO for the past 5 years. Ms. Bellefluer will continue to serve as a director of the Company. Mr. Meagher is a Chartered Professional Accountant (CPA, CA) and a Chartered Director (C.Dir.). He is currently the CFO for several publicly listed companies on the TSXV and CSE. Previously, Mr. Meagher worked at Smythe CPA from 2005 to 2011, where he was a Staff Accountant and then later a Manager. Mr. Meagher holds a Bachelor of Commerce from the University of British Columbia. Announcement • Jul 09
King's Bay Resources Corp. announced that it has received CAD 0.75 million in funding On July 8, 2022, King's Bay Resources Corp. closed the transaction. The company issued 15,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 750,000. Each unit comprises one common share and one-half of one common share purchase warrant with each warrant exercisable to acquire one common share at a price of CAD 0.10 per share for a period of 24 months from the date of issuance. The common shares and warrants comprising the units are subject to a four month and one day hold period from the date of issuance under applicable Canadian securities laws. The transaction was approved by all of the independent directors of the company. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Dominic Verdejo was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Dominic Verdejo was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Dominic Verdejo was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 11
King's Bay Resources Corp. Announces Board Changes King's Bay Resources Corp. announced the appointment of Mr. Nathan Tribble to the company's Board of Directors. The company also announces the resignation of Mr. Dusan Berka from the Board of Directors. Announcement • Feb 26
King's Bay Resources Corp. announced that it has received CAD 0.615 million in funding On February 24, 2021, King's Bay Resources Corp. (TSXV:KBG.H) closed the transaction. The company issued aggregate of 12,300,000 units at a price of $0.05 per Unit for gross proceeds of $615,000. All securities issued in the transaction will be subject to a hold period expiring on June 25, 2021 
