New Risk • Jun 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% 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 (16% average weekly change). Earnings have declined by 55% per year over the past 5 years. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€47.0m market cap, or US$54.1m). Announcement • Jun 05
TriStar Gold, Inc. announced that it has received CAD 9.0022 million in funding On June 4, 2026, TriStar Gold, Inc. has closed the transaction. In connection with the Offering, the Agents received a cash fee of CAD 621,151.80 and 2,700,660 non transferable common share purchase warrants of the Company exercisable for a total of 2,700,660 common shares of the Company at an exercise price of CAD 0.23 per share until the Expiry Date. The Compensation Warrants (and any common shares issued upon exercise thereof) are subject to a four-month hold period expiring on October 5, 2026 in accordance with applicable securities laws. New Risk • Jun 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 55% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (€48.1m market cap, or US$55.8m). Announcement • May 21
TriStar Gold, Inc. announced that it expects to receive CAD 7.00005 million in funding Tristar Gold Inc. announced that it has entered into an agreement with Stifel Nicolaus Canada Inc. (the "Agent") to act as lead agent and bookrunner, in connection with a "best-efforts" private placement of 30,435,000 units at an issue price of CAD 0.23 per Unit for gross proceeds of CAD 7,000,050 on May 20, 2026. Each Unit will consist of one common share and one-half (½) of one Common Share purchase warrant. Each Warrant will be exercisable to acquire one additional Common Share for a period of 24 months following the closing date of the Offering at an exercise price of CAD 0.30 per Warrant Share. The Agents will be paid by the Company on the Closing Date a cash commission equal to 6% of the gross proceeds of the Offering, including on any exercise of the Agents' Option. The Agents will also receive compensation warrants equal to 6% of the number of Units sold pursuant to the Offering on the Closing Date. Each Compensation Warrant will entitle the holder thereof to subscribe for one Common Share at the Offering Price for a period of 24 months following the Closing Date. The Offering is scheduled to close on or about June 4, 2026 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange. Announcement • Sep 30
TriStar Gold, Inc., Annual General Meeting, Dec 03, 2025 TriStar Gold, Inc., Annual General Meeting, Dec 03, 2025. Location: british columbia, vancouver Canada Announcement • Sep 28
TriStar Gold Inc. Provides Corporate Update for Castelo De Sonhos Gold Project TriStar Gold Inc. provided an update on activities related to the Castelo de Sonhos project, in Para State, Brazil. TriStar and State Environmental Secretariat of Para ("SEMAS"), the primary regulator, have both now filed their responses to the August 6, 2025, announced civil public action from the Federal Prosecutor's Office ("MPF") defending the environmental licensing process that has been undertaken at the Castelo de SonhOS project. While this action is ongoing, the Licenca Previa (Preliminary License or LP) for Castelo de Sonhos remains in place, with no restrictions. TriStar will participate in a webinar on September 30, 2025 at 2pm ET. Legal Responses to Public Civil Action - Castelo de Sonhos Project. The summaries below reflect the central legal positions advanced by both the State of Para and TriStar, highlighting that the project remains in an early licensing phase, with further assessments to be conducted before any construction or operation begins. State of Para's Response. The State, through SEMAS, has requested denial of the court injunction, dismissal of the MPF claims, and proposes judicial expert evidence to confirm the project's compliance and lack of impact on Indigenous territories. The State of Para has defended the legality and technical soundness of the environmental licensing process challenged by the Federal Public Officer's Office (MPF), which seeks to suspend the project's Preliminary License (LP No. 2016/2024). The State argues that: 1. Licensing Process Compliance: The LP was issued following all legal and technical requirements, including a robust Environmental Impact Assessment (EIA/RIMA) aligned with CONAMA Resolution No. 1/1986 and approved by the State Environmental Council (COEMA). 2. Scope of LP: The LP only establishes locational feasibility and does not authorize construction or operations; further assessments (e.g., dam safety, hydrological studies) are scheduled for later phases (Construction License LI/Operating License (LO)). No Impact on Indigenous Lands: Bau and Menkragnoti Indigenous Lands are over 10 km from the project's Directly Affected Area, exceeding the threshold in Interministerial Ordinance No. 60/2015. No hydrological, ecological, or socioeconomic links justify Indigenous consultation at this stage. No Basis for Injunction: The request for urgent relief lacks legal and factual justification. There is no demonstrated harm or urgency. 5. respect for Technical Authority: SEMAS, the licensing agency, has jurisdiction and expertise.MPF's unilateral reports cannot override the participatory and transparent administrative process. Preservation of Legal Certainty: Suspending the LP would create legal instability without environmental benefit. Any necessary adjustments should occur during later licensing phases. Key arguments include: 1. EIA/RIMA Adequacy: Prepared by independent experts, reviewed over two years by SEMAS, and unanimously approved by COEMA. The study correctly defined areas of influence based on technical criteria. 2. No Indigenous Impact: Hydrological and socioeconomic studies confirm no link or impact on Indigenous lands, which lie beyond the 10 km thresholds. 3. Tailings Facility Safety: Designed with a downstream method. Emergency and residue management plans are legally due at the LI phase, not at LP. 4. Water & Air Impact: Hydrological studies show strictly local and minor effects, with no mercury use and advanced treatment systems in place. Air emissions will be addressed in the LI stage. 5. Cultural & Archaeological Findings: Surveys found no overlap with Indigenous cultural areas. Minor pre-colonial remains within the project site will be rescued under IPHAN oversight. 6. No Urgency; Reverse R risks: There's no imminent threating injunctive relief. On the contrary, suspending the LP would harm. 
