Board Change • May 21
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. 2 non-independent directors. Independent Director Bob Wardell was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 22
Nuinsco Resources Limited, Annual General Meeting, Jun 30, 2026 Nuinsco Resources Limited, Annual General Meeting, Jun 30, 2026. Location: ontario, toronto Canada Announcement • Feb 08
Nuinsco Resources Limited announced that it has received CAD 1.125 million in funding On February 6, 2026, Nuinsco Resources Limited closed the transaction. The company issued 101,820,000 flow-through common shares at a price of CAD 0.005 per share for gross proceeds of CAD 509,100; and 50,000,000 common shares at a price of CAD 0.005 per share for gross proceeds of CAD 250,000 in the final tranche. In connection with the final tranche of the offering, an agent received aggregate cash fees of CAD 7,000 plus non-transferable broker warrants entitling the holder to acquire 1,400,000 common shares in the aggregate. Each broker warrant is exercisable to acquire one common share of the company at a price of CAD 0.005 per share until August 6, 2027. Announcement • Jan 09
Nuinsco Resources Limited announced that it has received CAD 0.3659 million in funding On January 8, 2026, Nuinsco Resources Limited closed the transaction. The offering consists of 73,180,000 Common Shares of the company at a price per share of CAD 0.005 for gross proceeds of CAD 365,900. 61,000,000 Shares qualify as “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act. The flow-through shares will be renounced with an effective date no later than December 31, 2025, to the initial purchasers in an aggregate amount not less than the gross proceeds raised; 12,180,000 Shares are not flow-through shares. None of the securities offered in the Offering have been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Announcement • Aug 05
Nuinsco Resources Limited, Annual General Meeting, Oct 02, 2025 Nuinsco Resources Limited, Annual General Meeting, Oct 02, 2025. Location: ontario, toronto Canada Announcement • Jan 03
Nuinsco Resources Limited announced that it has received CAD 0.0405 million in funding On January 2, 2025 Nuinsco Resources Limited closed the transaction and issued 8,100,000 flow-through common share at issue price of CAD 0.005 per share for proceeds of CAD 40.500. Announcement • Dec 12
Nuinsco Resources Limited announced a financing transaction Nuinsco Resources Limited announced a non-brokered private placement of to issue up to 100,000,000 Flow-Through Shares and Common Shares, dependent on investor demand, priced at CAD 0.005 to receive funding on December 11, 2024. The Private Placement is expected to close on or about December 26, 2024. New Risk • Sep 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$262k free cash flow). Share price has been highly volatile over the past 3 months (103% average daily change). Negative equity (-CA$2.2m). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€1.96m market cap, or US$2.18m). Minor Risk Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Announcement • Jul 08
Nuinsco Resources Limited Announces Appointment of Alastair Neill to the Board of Directors Nuinsco Resources Limited announced the appointment, effective immediately, of Mr. Alastair Neill to the board of directors to the Company. Mr. Neill has been engaged in the specialty and critical business for almost 30 years. This experience makes him a tremendous resource to the Company as the critical minerals sector undergoes rapid evolution and expansion. His knowledge and understanding of the complex critical metals marketplace will be of enormous value and will provide context for decision making. Mr. Neill has held senior management positions responsible for sale and purchase, product development, marketing, R&D, and business development of several rare earth enterprises in North America and Asia, including spending 10 years on-site in China and Mongolia. Announcement • May 26
Nuinsco Resources Limited Identifies High Grade Apatite Mineralization At the Prairie Lake Critical Minerals Project Nuinsco Resources Limited announced that results from the re-logging of drill core and a review of historic data indicate the presence of higher grade domains of phosphate/apatite mineralization at the Prairie Lake Critical Minerals and phosphate project than reported in the Company's mineral resource estimate dated May 31, 2022 which could have a positive impact on the Prairie Lake resource. The Study identified the presence of substantial domains of phoscorite rock containing higher-grade phosphate mineralization associated with elevated content of the mineral apatite. This indicates the potential for larger domains of high-grade phosphate and REEs occurring within the already very large Critical Minerals MRE at the Project. In places, abundant phoscorite rock with apatite mineralization is observed over tens of metres in drill core resulting in sizeable, measured intersections with phosphate and REE grades substantially higher than the average grade of the MRE. Prairie Lake, located near Terrace Bay, Ont., has amongst the world's highest known light rare earth element content in apatite and contains a host of other REE bearing minerals, as well as niobium-bearing pyrochlore, and phosphate mineralization. Metallurgical studies to date demonstrate that a clean phosphate concentrate, grading 26% P2O5 at 76% recovery with ample room for improvement, and with valuable rare earth element co-concentrate, can be reliably produced from Prairie Lake feed. The Prairie Lake project contains a large, well-located resource of critical minerals in North America. It is a potential source of elements needed for applications in transportation, power distribution, green technologies and a host of other applications, including agriculture. It is of immense value to a secure critical minerals supply chain; a strategic concern identified by numerous governments in the recent past and addressed with incentives and programs to encourage development of the critical minerals sector. The Project is located near the north shore of Lake Superior, putting it in close or easily accessible reach of: The towns of Marathon, Terrace Bay and other affected communities - all able to supply a local, skilled workforce. All weather forest access road crossing the project and deposit. Paved Highways 17 and 11 to the south and north Canadian Pacific Railway and Canadian National Railway networks. High capacity (230kV) electrical power transmission line. 50km from the Marathon deep water port project. Deep-water ports are also located at Thunder Bay and Sault Ste. Marie, able to handle ocean going ships. The Marathon airport. Recent Insider Transactions • Mar 12
CEO, President recently sold €85k worth of stock On the 8th of March, Paul Jones sold around 3m shares on-market at roughly €0.034 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Paul has been a net seller over the last 12 months, reducing personal holdings by €89k. New Risk • Nov 29
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$900k 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$900k free cash flow). Share price has been highly volatile over the past 3 months (197% average daily change). Negative equity (-CA$1.4m). Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€2.16m market cap, or US$2.37m). Minor Risk Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Announcement • Oct 26
Nuinsco Resources Limited Investigates High-Grade Niobium Target Areas At Prairie Lake Critical Minerals Project Nuinsco Resources Limited announced initial results of a review of high-grade niobium target areas at its Prairie Lake Critical Minerals and phosphate project located near Terrace Bay, Ontario. Niobium is viewed as a potential by-product or co-product to the phosphate and rare earth element mineralization occurring at the Project. The principal application of niobium is as an additive, in small quantities, to steel where it imparts strength resulting in reduced weight; significantly in the case of automobiles this leads to reduced carbon emissions. The current review is examining the large analytical inventory available to the Company from its historic and current exploration and evaluation activities. Work programs commissioned by the Company have produced a database containing 7,437 geochemical analyses from trenches and diamond drill holes, comprising a total of 10.5 kilometres of sampling in the richly endowed rocks of the Project. At present the bulk of the anomalous analyses are concentrated in the southwest part of the Prairie Lake Complex in a domain more than 500m in length and tens of metres wide, but higher-grade niobium occurs elsewhere as well. The lack of sampling over large areas of the Complex provides ample opportunity for additional success in identifying niobium mineralization in addition to the Project's extraordinary phosphate and rare earth element endowment. Niobium has a wealth of industrial uses with few or no substitutes; demand is anticipated to increase significantly in the coming years. About 90% of niobium is used to meet demand for steel making where it increases strength and reduces weight in such applications as structural steel in buildings, oil and gas pipelines, automobile manufacture, ships hulls, and railway tracks. Since less steel is needed to achieve the same result in an application carbon emissions and environmental impact are significantly reduced. It is also used as a superalloy additive providing heat and corrosion resistance in jet engines, in superconducting magnets in medical imaging machines and magnetic levitation transport, and as capacitors in electrical circuits. Niobium is identified as a Critical Mineral under the Canadian Minerals and Metals Plan and Canadian Critical Minerals Strategy. Niobium is found throughout the Prairie Lake intrusion where it occurs primarily in the mineral pyrochlore-betafite. The presence of the higher-grade niobium bearing domain within the recently released very large mineral resource estimate ("MRE") envelope of phosphate - rare earth element mineralization on the Project is an additional indication of the significance of the Project and the mineral and economic potential contained within it. Prairie Lake contains a very large, well-located resource of critical minerals in North America. It is a potential source of elements needed for applications in transportation, power distribution, green technologies and a host of other applications, including agriculture. It is of immense value to secure critical minerals supply chain; a strategic concern identified by numerous governments in the recent past and addressed with incentives and programs to encourage development of the critical minerals sector. The Project is located near the north shore of Lake Superior, putting it in close or easily accessible reach of: The larger towns of Marathon, Terrace Bay as well as other nearby communities - all able to supply a local, skilled workforce. All-weather forest access road crossing the project. Paved Highways 17 and 11 to the south and north of the project. Canadian Pacific Railway and Canadian National Railway networks. High capacity (230kV) electrical power transmission line. 50km from the Marathon deep water port project. Deep-water ports are also located at Thunder Bay and Sault Ste. Marie. All able to handle ocean going ships. The Marathon airport. Announcement • Sep 15
Nuinsco Resources Limited Announces Additional Geological Mapping and Sampling Is Being Conducted At Its Prairie Lake Critical Minerals and Phosphate Project Located Near Terrace Bay, Ontario Nuinsco Resources Limited announced that additional geological mapping and sampling is being conducted at its Prairie Lake Critical Minerals and phosphate project located near Terrace Bay, Ontario ("Prairie Lake" or the "Project"). The field work is focussing on the northern part of the Prairie Lake Complex; an area that has seen little past exploration. The area is north of the domains hosting the very significant mineral resource estimate ("MRE"), as reported on 31 May 2022 and tabulated below, currently comprising nearly 890Mt of identified Critical Minerals endowment. The deposit has amongst the world's highest known light rare earth element ("LREE") content in apatite and contains other REE bearing minerals including monazite, bastnaesite, carbocernaite/burbankite, and ancylite, as well as niobium-bearing pyrochlore. other applications, including agriculture. It is of immense value to a secure critical minerals supply chain; a strategic concern identified by numerous governments in the recent past and addressed with incentives and programs to encourage development of the critical minerals sector. The Project is located near the north shore of Lake Superior, putting it in close or easily accessible reach of: The towns of Marathon, Terrace Bay and other affected communities - all able to supply a local, skilled workforce. All weather forest access road crossing the project. Paved Highways 17 and 11 to the south and north. Canadian Pacific Railway and Canadian National Railway networks. High capacity (230kV) electrical power transmission line. 50km from the Marathon deep water port project. Deep-water ports are also located at Thunder Bay and Sault Ste. Marie, able to handle ocean going ships. The Marathon airport. Laura Giroux, P.Geo, Chief Geologist, acts as Nuinsco's Qualified Person under National Instrument 43-101. Ms. Giroux has reviewed and approved the technical contents of this news release. Announcement • Sep 02
Nuinsco Resources Limited announced that it has received CAD 0.11448 million in funding Nuinsco Resources Limited announced a non-brokered private placement of up to 17,887,500 units at a price of CAD 0.0064 per unit for the aggregate gross proceeds of CAD 114,480 on August 31, 2023. The funding was raised in two tranches. Each unit consisted of one common share of the company and one-half of one warrant. Each warrant entitles the holder thereof to purchase one common share of the company at an exercise price of CAD 0.05 per share for a period of 36 months from the issue date. Board Change • Sep 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. 2 experienced directors. 1 highly experienced director. Independent Director Jim Franklin was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 