Announcement • Aug 16
Bathurst Metals Corp. announced that it has received CAD 0.34075 million in funding On August 15, 2025, Bathurst Metals Corp. closed the transaction. The company announced that it has issued 2,026,667 Units at a price of CAD 0.075 per Unit for gross proceeds of CAD 152,000 in second and final tranche. The Company issued an aggregate of 4,543,334 Units at a price of CAD 0.075 per Unit for gross proceeds of CAD 340,750. Each unit consists of one common share and one common share purchase warrant of the Company. Each whole share purchase warrant entitles the holder, on exercise, to purchase an additional common share of the Company at a price of CAD 0.15 per share for a period of two years from closing. Finders’ fees of 7% cash were paid on a portion of this tranche. An insider of the Company was issued an aggregate of 500,000 Units through the insider’s wholly-owned corporation. Announcement • May 31
Bathurst Metals Corp. Identifies New Electromagnetically Defined Structures At the Peerless Gold Project, B.C Bathurst Metals Corp. announced coincident electromagnetically defined structures with multi-element + gold in soil anomalies. A total of five defined structural trends, all east-west in orientation were identified. Several of the trends occur along structural contacts between listwanite-altered ultramafics thrust into volcanoclastic and sedimentary country rocks. thrust bound untramafics with cross-cutting structures are essential features in gold deposition within the Goldbridge Mining Camp and are proven to occur in several areas on the Peerless Property. Bathurst will be doubling the currently permitted diamond drilling area to cover these new targets. Key POINTS - Peerless Gold-Silver Project. Similar lithological and structural setting to the Bralorne Mining Camp. Anomalous soil geochemistry close to listwanite-altered Ultramafics. Higher and more extensive gold in soil values coincides with brittle-ductile structures crosscutting earlier, low-angle, brittle thrust faults. Significant gold mineralization occurs within ultramafics, away from a crosscutting thrust fault. Ultramafics are typically a poor host for gold deposits; however, the company encountered potential economic gold grades in February 2024 from diamond drill hole PR24-004, which returned 6.3 grams/tonne of gold over 5.1 metres. Most importantly, the geophysical survey has located up to 5 additional east-west trending structures coincident with strong multi-element including gold in soil geochemistry. Bathurst has applied to expand the existing drilling permit to cover these newly defined areas for drill testing. The Peerless Property is in the historic Bralorne-Gold Bridge Mining Camp area in southwest British Columbia. It has excellent all-season access to its center. Access can be had by following Highway 40 east from the hamlet of Gold Bridge 10.5 km to the Tyaughton Lake turn-off and following the Tyaughton Lake access road within 200m of the Peerless showings at the center of the property. The Peerless Claims are near known mining occurrences and recent discoveries in the same lithological and structural geological settings. As shown in Figure 2, anomalous gold in soil geochemistry infers a northeast-trending relationship with the thrusts in the ultramafics. Announcement • May 30
Bathurst Metals Corp. announced that it expects to receive CAD 0.5 million in funding Bathurst Metals Corp. announced a non brokered private placement to issue 6,666,667 units at an issue price of CAD 0.075 per unit for gross proceeds of CAD 500,000.025 on May 29, 2025. Each unit will be composed of one common share and one non-transferable share purchase warrant, with each warrant entitling the holder to purchase one additional common share at CAD 0.15 per warrant share for a period of two years. The offering is subject to the approval of the TSX Venture Exchange. All shares issued will be subject to a four-month-and-one-day hold period, which will expire on the date that is four months and one day from the date of issue. Finders' fees may be payable on a portion of the offering. Announcement • Apr 04
Bathurst Metals Corp., Annual General Meeting, Jun 12, 2025 Bathurst Metals Corp., Annual General Meeting, Jun 12, 2025. Location: british columbia, vancouver Canada Announcement • Mar 01
Bathurst Metals Corp. Announces Resignation of John Fahmy as Board Member On February 28, 2025, Bathurst Metal Corp. announced that Mr. John Fahmy, a director of the Company since 2024, has resigned as a director of the Company to pursuit other interests. Announcement • Sep 12
Bathurst Metals Corp. Announces Appointment of John Fahmy to the Board of Directors Bathurst Metals Corp. announced the appointment of John Fahmy to the Board of Directors of the Company. Mr. Fahmy is an investor/consultant to various public and private companies across the technology, real estate, life sciences, brick and mortar, and resources sectors, having invested in over 50 public and private companies. New Risk • Aug 18
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$789k 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$789k free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€685.8k market cap, or US$756.0k). Minor Risk Shareholders have been diluted in the past year (35% increase in shares outstanding). Announcement • May 23
Bathurst Metals Corp. announced that it has received CAD 0.099 million in funding On May 22, 2024, Bathurst Metals Corp. closed the transaction. The company issued 1,237,500 units of securities at a price of CAD 0.08 per Unit for aggregate gross proceeds of CAD 99,000. New Risk • May 08
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$589k 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$589k free cash flow). Share price has been highly volatile over the past 3 months (57% average weekly change). Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€1.75m market cap, or US$1.88m). Minor Risk Shareholders have been diluted in the past year (29% increase in shares outstanding). Announcement • Feb 13
Bathurst Metals Corp. announced that it has received CAD 0.9815 million in funding On February 13, 2024, Bathurst Metals Corp. closed the transaction. The company amended the terms of the transaction and issued an aggregate of 4,025,000 flow-through units and 1,150,000 non flow-through units for gross proceeds of CAD 494,500 in its final tranche. The company paid cash finders fees of CAD 26,915 on a portion of the offering and issued a total of 267,700 finders warrants, exercisable for CAD 0.10 to acquire one common share for a period of one year. All securities issued in the private placement are subject to a four month hold period. Announcement • Feb 01
Bathurst Metals Corp. Announces the Start of Drilling for the Peerless Property in Southwest British Columbia Bathurst Metals Corp. announced it has been granted a five-year drill permit for the company's Peerless Property in southwest British Columbia. The company will launch its first drill project on the Peerless Property in early February 2024, targeting gold mineralization in the Beta Zone. Three drill holes are planned for 600m. The Beta Zone is an area of historical exploration that discovered a blind zone of high-grade gold mineralization in 1987. The 1987 drill program intercepted several gold occurrences with the best results of 1.02 oz/tonne over 15 ft, including 1.87 oz/tonne over 5 ft. No other test drilling has occurred since 1987, and the mineralization encountered remains open along strike and at depth. Based on historical data, the geological setting of the Beta Zone consists of mafic volcanics, volcaniclastics, and ultramafic intrusive rocks. The majority of the ultramafics show listwanite alteration. The term listwanite describes a mineralogical assemblage resulting from the carbonatization of serpentinized ultramafic rocks and represents a distinctive alteration suite commonly associated with quartz-carbonate lode gold deposits in BC and around the world. The mineralization in the Beta Zone appears to be concentrated along a northeast-trending, moderately northwest dipping thrust fault that is crosscut by a brittle-ductile east-west trending 50m wide structural panel dipping steeply to the south. Listwanite lode gold deposits typically exploit zones of structural weakness along faults. Observed mineralization consists of pyrite, arsenopyrite, galena, sphalerite and chalcopyrite. Higher gold and silver concentrations have a strong positive correlation with arsenopyrite, which is mainly hosted in quartz-carbonate veins and micro veins. Announcement • Jan 31
Bathurst Metals Corp. announced that it expects to receive CAD 0.32 million in funding Bathurst Metals Corp. announced a non-brokered private placement of up to 4,000,000 units at a price of CAD 0.08 per unit for the gross proceeds of CAD 320,000 on January 31, 2024. Each unit will be comprised of one common share and one non-transferable share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of CAD 0.15 per warrant share for a period of one year. The shares are subject to the approval of the TSX Venture Exchange. All shares issued will be subject to a four-month and one-day hold period, which will expire on the date that is four months and one day from the date of issue. Announcement • Nov 01
Bathurst Metals Corp. announced that it expects to receive CAD 0.8 million in funding Bathurst Metals Corp. announced a non-brokered private placement financing of 4,000,000 flow-through units at a price of CAD 0.10 per unit for the gross proceeds of CAD 400,000 and up to 5,000,000 non flow-through unit at a price of CAD 0.08 per unit for the gross proceeds of CAD 400,000 for the total gross proceeds CAD 800,000 on October 31, 2023. Each FT unit will consist of one flow-through common share and one-half of one share purchase warrant with each whole warrant exercisable to acquire one additional non flow-through common share for CAD 0.20 per Warrant Share for a period of one year. Each non flow through unit will be comprised of one non flow-through common share and one non-transferable share purchase warrant, with each whole warrant entitling the holder to purchase one additional non flow-through common share at a price of CAD 0.15 per Warrant Share for a period of one year. The Flow-Through Offering and the Non Flow-Through Offering are subject to the approval of the TSX Venture Exchange. All shares issued will be subject to a four month and one day hold period which will expire on the date that is four months and one day from the date of issue. Announcement • Oct 31
Bathurst Metal Corp. Receives Final Assay Results from the Summer 2023 Field Exploration Work on the Copper/Silver/Gold/Cobalt 100% Owned, Gela Lake Property in Central Nunavut Bathurst Metal Corp. announced the Company has received final assay results from the summer 2023 field exploration work on the copper/silver/gold/cobalt 100% owned, Gela Lake property in central Nunavut. The work focused on geological mapping and rock and soil sampling along the Bathurst Fault to test for the extension of mineralization underneath cover to the west of a large Monzogabbro intrusive where the monzogabbro contacts Archean metasediments and volcanics. The Gela Lake property is located in a well-established mining area with significant producers and lies in proximity to its drill ready Turner Lake property. Highlights: 10 rock grab samples were collected mainly from quartz+/- carbonate, bearing, sub- vertical structures with widths in excess of 4 metres in some areas and trending over 300 metres. Visible copper mineralization in the form of chalcopyrite and minor bornite was noted in most samples with rare cobalt blooms. Significant gold concentrations were also obtained in some samples with a moderate correlation to silver. High bismuth concentrations also show a positive correlation with copper and silver. 80 soil samples were collected along the eastern flank of the Monzogabbro intrusive body where the regional Bathurst Fault is projected to occur. The soil samples were collected at 25 meter intervals and at various depths based on the soil profiles. Soil sample assay results confirmed the soil profiles can be used to determine areas of interest, as outcrop is limited away from the intrusive body and along the projected Bathurst Fault trend. The occurrence of Au + Bi together often indicates a structurally controlled setting and implicates the Bathurst Fault as a possible conduit and possible trap for mineralized fluids to migrate to the surface. Along with gold and bismuth, notable concentrations of copper were also found in both soils and rock samples. Additionally, higher concentrations of cobalt were also noted in two rock samples and were also coincident with elevated gold and silver concentrations. The mineralized trend can be traced for over 2km in a north-south direction directly overlying the surface trace of the Bathurst Fault. The soil sampling found coincident gold/silver/copper/bismuth mineralization. Announcement • Sep 15
Bathurst Metals Corp. Announces the Assay Results from Spring Soil Sampling Program on the Peerless Mineral Tenures Property Located in the Goldbridge Mining Camp in South-Central British Columbia Bathurst Metals Corp. announced the assay results from spring soil sampling program on the Peerless Mineral Tenures property located in the Goldbridge Mining Camp in south-central British Columbia. The soil sampling program was designed to cover an area where thrust bound, ultramafic intrusives occur. The ultramafics were observed to be listwanite altered; a classic geological setting in the Goldbridge Camp known to host gold deposits. The Goldbridge Camp, located 180km north of Vancouver is remarkably similar to the Mother Lode camp of California in terms of ore mineralogy, wall rock alteration and geological setting. The Goldbridge Camp contains over 60 mineral localities including the historical large producer Bralorne Mine, which yielded over 4 million oz gold. The Bralorne Mine and is still being actively explored. Currently, other juniors are active in the Goldbridge Camp area and are consistently getting good results. nearest neighbour, Endurance Gold Corporation's Reliance Gold Project last reported 7.87 grams per tonne gold over 7.6 metres. The Peerless Property, located in the heart of the Goldbridge Camp contains historical drill assay results of up to 28.92 grams/tonne gold over 4.57 metre drill lengths in similar geological and structural settings to other deposits in Goldbridge Camp. Field crews collected a total of 200 soil samples over an area of altered ultramafics. Announcement • Jul 07
Bathurst Metals Corp. Announces Peerless Claims Work Bathurst Metals Corp. announced that exploration crews have successfully completed spring soil sampling and ground magnetic survey program on the Peerless property located in the Goldbridge Mining camp, in southcentral British Columbia. Field crews collected a total of 200 soil samples in an area of altered, up-thrusted ultramafics. Crews also performed 15.5 line kilometers of ground magnetic surveying. The new lines were laid out to infill between recently completed 53 kilometers of ground magnetic surveys. Soil sampling and geophysical survey work were completed between May 29, 2023 and June 8, 2023. Historic soil sampling and drilling assay results from the property have shown significant gold concentrations associated with the altered ultramafics. The best assay results correlate with northeast and east-west trending structures. The just completed ground magnetic survey better delineates the magnetic ultramafics and will also be used to map out any structural offsets in the ultramafics. A drill permit application has been submitted to the British Columbia Ministry of Mines with the drill program timed to occur this late summer /early fall. Assay results are pending on the recently submitted soil samples submitted to Activation Labs in Kamloops, British Columbia. Announcement • Feb 10
Bathurst Metals Corp., Annual General Meeting, Apr 17, 2023 Bathurst Metals Corp., Annual General Meeting, Apr 17, 2023. Board Change • Apr 28
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. 1 highly experienced director. CEO, Secretary & Director Hardy Forzley is the most experienced director on the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 21
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. 1 highly experienced director. CEO, Secretary & Director Hardy Forzley is the most experienced director on the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.