Announcement • May 06
Boba Mint Holdings Ltd. announced that it expects to receive CAD 0.5 million in funding Boba Mint Holdings Ltd. announces a non- brokered private placement of a minimum of 2,500,000 common shares and a maximum of 5,000,000 common shares, at an issue price of CAD 0.10 per share, for gross proceeds to the Company of a minimum of CAD 250,000 and a maximum of CAD 500,000 on May 4, 2026. The Offering may close in one or more tranches. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of the CSE. The securities issued pursuant to the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. Announcement • Apr 29
Boba Mint Holdings Ltd., Annual General Meeting, Jun 25, 2026 Boba Mint Holdings Ltd., Annual General Meeting, Jun 25, 2026. New Risk • Mar 05
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). Share price has been highly volatile over the past 3 months (26% average weekly change). Negative equity (-CA$4.0m). 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$4.22m market cap, or US$3.09m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Announcement • Dec 30
Boba Mint Holdings Ltd. announced that it expects to receive CAD 0.75 million in funding Boba Mint Holdings Ltd. announced a non-brokered private placement of a minimum of 2,500,000 common shares at an issue price of CAD 0.10 for minimum gross proceeds of CAD 250,000 and a maximum of 7,500,000 common shares at an issue price of CAD 0.10 for maximum gross proceeds of CAD 750,000 on December 29, 2025. The offering may close in one or more tranches. It is expected that Andew Shore, the chief executive officer and founder of Werd Studios an existing insider of the company, will subscribe for a minimum of 2.5 million common shares under the offering. Closing of the offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of the CSE. The securities issued pursuant to the offering will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation. New Risk • Nov 02
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$1.2m 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$1.2m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-CA$1.2m). Shareholders have been substantially diluted in the past year (123% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.70m market cap, or US$4.77m). New Risk • Sep 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.6m (US$9.13m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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). Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (200% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.6m market cap, or US$9.13m). Announcement • Aug 01
Boba Mint Holdings Ltd. (CNSX:TNJ) completed the acquisition of remaining 50% stake in Werd Studios Inc from Mr. Andrew Shore. Boba Mint Holdings Ltd. (CNSX:TNJ) signed a letter of intent to acquire remaining 50% stake in Werd Studios Inc from Mr. Andrew Shore for CAD 1.2 million on June 26, 2025. The purchase price for the remaining 50% equity interest in Werd Studios from Mr. Shore is CAD 1.4 million payable by the issuance of 7,000,000 common shares of Boba, at an issue price of CAD 0.20 per share. The 7,000,000 Consideration Shares issued to Mr. Shore will be subject to a contractual restricted period whereby (i) 25% of the Consideration Shares will become freely tradeable on the date which is 6 months following closing, (ii) an additional 25% of the Consideration Shares will become freely tradeable on the date which is 12 months following closing, and (iii) the remaining 50% of the Consideration Shares will become freely tradeable on the date which is 18 months following closing.
Bobais is considering changing its corporate name to incorporate the Werd Studios brand and implementing a symbol change to WERD assuming the closing of the proposed acquisition of the remaining interest in Werd Studios.
The closing of the proposed acquisition is subject to the negotiation of a binding share purchase agreement, the receipt of applicable corporate and regulatory approvals, and the satisfaction of certain ancillary closing conditions in favor of Boba, including Werd Studios completing the acquisition of its interest in Amino Rewards.
Certain arm’s length advisors to Boba are expected to receive an aggregate of 700,000 common shares, at an issue price of CAD 0.20 per share, as advisory fees in connection with the closing of the proposed transaction.
Boba Mint Holdings Ltd. (CNSX:TNJ) completed the acquisition of remaining 50% stake in Werd Studios Inc from Mr. Andrew Shore on July 31, 2025. Announcement • Jun 27
Boba Mint Holdings Ltd. (CNSX:TNJ) signed a letter of intent to acquire remaining 50% stake in Werd Studios Inc from Mr. Andrew Shore for CAD 1.2 million. Boba Mint Holdings Ltd. (CNSX:TNJ) signed a letter of intent to acquire remaining 50% stake in Werd Studios Inc from Mr. Andrew Shore for CAD 1.2 million on June 26, 2025. The purchase price for the remaining 50% equity interest in Werd Studios from Mr. Shore is CAD 1.4 million payable by the issuance of 7,000,000 common shares of Boba, at an issue price of CAD 0.20 per share. The 7,000,000 Consideration Shares issued to Mr. Shore will be subject to a contractual restricted period whereby (i) 25% of the Consideration Shares will become freely tradeable on the date which is 6 months following closing, (ii) an additional 25% of the Consideration Shares will become freely tradeable on the date which is 12 months following closing, and (iii) the remaining 50% of the Consideration Shares will become freely tradeable on the date which is 18 months following closing.
Bobais is considering changing its corporate name to incorporate the Werd Studios brand and implementing a symbol change to WERD assuming the closing of the proposed acquisition of the remaining interest in Werd Studios.
The closing of the proposed acquisition is subject to the negotiation of a binding share purchase agreement, the receipt of applicable corporate and regulatory approvals, and the satisfaction of certain ancillary closing conditions in favor of Boba, including Werd Studios completing the acquisition of its interest in Amino Rewards.
Certain arm’s length advisors to Boba are expected to receive an aggregate of 700,000 common shares, at an issue price of CAD 0.20 per share, as advisory fees in connection with the closing of the proposed transaction. Announcement • Mar 10
Boba Mint Holdings Ltd., Annual General Meeting, May 06, 2025 Boba Mint Holdings Ltd., Annual General Meeting, May 06, 2025. Announcement • Mar 06
Boba Mint Holdings Ltd. (CNSX:TNJ) completed the acquisition of 50% stake in Werd Studios Inc. Boba Mint Holdings Ltd. (CNSX:TNJ) signed a letter of intent to acquire 50% stake in Werd Studios Inc. for CAD 1.3 million on January 17, 2025. The purchase price for the shares would be CAD 2 million payable by the issuance of an aggregate of 10 million common shares of Boba at an issue price of CAD 0.20 per share, and the payment to Werd of CAD 0.55 million. It is expected that Shore will receive 5 million Consideration Shares as consideration for the share purchase, and that Werd will receive 5 million Consideration Shares and CAD 0.55 million in consideration for the share subscription. All of the Consideration Shares will be subject to resale restrictions. In addition, it is expected that Shore will become an advisor to Boba following the closing of the strategic investment in order to also assist with Boba's game development strategy. The closing of the transaction is subject to the completion of due diligence, execution of definitive agreements, and the receipt of applicable corporate and regulatory approvals. PowerOne Capital Markets Limited is acting as an advisor for the proposed strategic investment.
Boba Mint Holdings Ltd. (CNSX:TNJ) completed the acquisition of 50% stake in Werd Studios Inc. on March 5, 2025. Board Change • Feb 25
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. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 