Announcement • Jan 27
Aegis Critical Energy Defence Corp., Annual General Meeting, Apr 07, 2026 Aegis Critical Energy Defence Corp., Annual General Meeting, Apr 07, 2026. Location: british columbia, vancouver Canada New Risk • Jan 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% 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$1.7m free cash flow). Share price has been highly volatile over the past 3 months (46% average weekly change). Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€34.3m market cap, or US$39.9m). Board Change • Dec 30
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 3 experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Chief Executive Officer & Director Paul Dickson is the most experienced director on the board, commencing their role in 2016. Independent Director Li Doyle was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jan 23
Energy Plug Technologies Corp. announced that it expects to receive CAD 1 million in funding Energy Plug Technologies Corp. announced a private placement to issue 6,666,667 units at price of CAD 0.15 per unit for gross proceeds of CAD 1,000,000.05 on January 22, 2025. Each unit comprises one common share and one common share purchase warrant, having an exercise price of CAD 0.25 per share and a term of one year from the date of closing of the private placement. The company may pay finders' fees up to 8% in brokers' warrants, exercisable at CAD 0.25 for a period of one year, to eligible finders in connection with the private placement, subject to compliance with applicable securities laws and policies of the Canadian Securities Exchange. All securities issued pursuant to the private placement will be subject to a statutory four-month-plus-one-day hold period. Closing of the private placement is subject to receipt of all required regulatory approvals, including approval from the CSE. The company may elect to increase or decrease the size of the private placement. The common shares will be offered to qualified purchasers in reliance upon exemptions from prospectus and registration requirements of applicable securities legislation. Announcement • Jan 07
Energy Plug Technologies Corp. announced that it has received CAD 1.200194 million in funding On January 6, 2025. Energy Plug Technologies Corp. closed the transaction. it has issued 2,643,000 units at a price of CAD 0.07 per Unit for gross proceeds of CAD 185,010. In connection with a portion of the final tranche of the Private Placement, a cash finder’s fee
of CAD 14,000 was paid, and 200,000 Finder’s Warrants were issued to Canaccord Genuity Corp. Board Change • Dec 30
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Director Paul Dickson is the most experienced director on the board, commencing their role in 2016. Independent Director Adam Morand was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Dec 03
Energy Plug Technologies Corp. announced that it expects to receive CAD 1.2 million in funding Energy Plug Technologies Corp. announced a non-brokered private placement of up to 17,142,857 units at a price of CAD 0.07 per unit for gross proceeds of up to CAD 1,199,999.99 on December 2, 2024. Each unit is comprised of one common share and one common share purchase warrant having an exercise price of CAD 0.10 per share and a term of one year from the date of closing of the private placement. The transaction included participation from directors and officers of the company. The company may pay finders' fees up to 8% cash and 8% broker’s warrants exercisable at CAD 0.10 for a period of one year to eligible finders in connection with the private placement, subject to compliance with applicable securities laws and policies of the CSE. All securities issued pursuant to the private placement will be subject to a statutory four month plus one day hold period. The closing of the private placement is subject to receipt of all required regulatory approvals, including approval from the CSE. The company may elect to increase or decrease the size of the private placement. New Risk • Oct 29
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$196k 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 (20% average weekly change). Negative equity (-CA$196k). Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€2.68m market cap, or US$2.90m). Minor Risk Shareholders have been diluted in the past year (33% increase in shares outstanding). Announcement • Oct 25
Energy Plug Technologies Corp., Annual General Meeting, Dec 12, 2024 Energy Plug Technologies Corp., Annual General Meeting, Dec 12, 2024. Announcement • Sep 12
Energy Plug Technologies Corp. Appoints Ramtin Rasoulinezhad as Chief Technology Officer Energy Plug Technologies Corp. announced Ramtin Rasoulinezhad, PhD, has been appointed as the Company's Chief Technology Officer. Dr. Rasoulinezhad will oversee product development, pilot projects, and commercial partnerships. Based in Coquitlam, BC, he brings a wealth of expertise in clean technologies, spanning utilities, oil and gas, and the marine industry. Dr. Rasoulinezhad's extensive experience includes product and business development in both conventional and renewable energies, as well as energy storage systems. He is renowned for leading technology projects from concept to manufacturing, assembling teams to align technical solutions with business strategies, and driving decarbonization, efficiency, and safety initiatives. Dr. Rasoulinezhad holds dual MSc degrees in Power Systems and Power Electronics and earned his PhD with a focus on hybrid distributed energy resources for emission reduction. He has been recognized as one of Canada's Clean50 Emerging Leaders and is a Business in Vancouver Forty under 40 awardee. New Risk • Aug 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% 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 (20% average weekly change). Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.22m market cap, or US$3.58m). Announcement • Aug 01
Energy Plug Technologies Corp. announced that it expects to receive CAD 1 million in funding Energy Plug Technologies Corp. announced a a non-brokered private placement of up to 20,000,000 common shares at a price of CAD 0.05 per common share for gross proceeds of up to CAD 1,000,000 on July 31, 2024. The transaction will include participation from directors and officers of the company. The company will pay finders' fees consisting of 8% in cash and 8% in brokers' warrants exercisable at CAD 0.125 for a period of one year to eligible finders in connection with the private placement, subject to compliance with applicable securities laws and the policies of the Canadian Securities Exchange. All securities issued pursuant to the private placement will be subject to a statutory four-month-and-one-day hold period. The closing of the private placement is subject to the receipt of all required regulatory approvals, including approval from the CSE. Board Change • May 28
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Paul Dickson is the most experienced director on the board, commencing their role in 2016. Independent Director Adam Morand was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Feb 23
Energy Plug Technologies Corp. Announces Board Changes Energy Plug Technologies Corp. announced the appointment of Adam Morand as an independent director of the Company, effective February 16, 2024. Mr. Morand will assist the Company with leadership in manufacturing and technology while ensuring the Company has appropriate Indigenous representation. Adam Morand is an Entrepreneurial Technologist who is passionate about innovation and industrial localisation of all basal human needs. Mr. Morand's lifetime goal is to see economically viable technologies creating a global abundance of food, energy, clothing, shelter, clean air and fresh water. Imbued with an innate need to improve, seek efficiencies, create, build and solve puzzles; every day is an opportunity to do good. Mr. Morand started at an early age with digital electronics and computer programming in the 1980's; then moving to Vancouver in the 1990?s to professionally experience the rise and fall of the dotcom era. In 1999, Mr. Morand designed and wrote competitive eSports patents for massive online multiplayer game tournaments and financial payment systems before founding Moshpit Entertainment and the Bloodmoney Universe, the world's first platform playing competitive games for cash. In 2001, Mr. Morand founded Illuminated Technologies to build and deploy disruptive software platforms and supporting mission-critical enterprise data structures and high-volume data centre infrastructures. The incredibly talented Illuminated team completed more than 1,000 projects over 5 years and spawned dozens of joint ventures and startups. In 2015, he founded A4 Systems Corp. to specialise in Pan-Industrial Cyber-Physical systems development and deployment. Additionally, Mr. Morand is involved with AgriPlay Ventures to create global food security and with HerdWhistle Technologies to create livestock technologies for a more efficient world. The Company also announces that Fred Stearman has resigned as a director of the Company effective February 14, 2024, and Li Doyle has resigned as the VP of Sales of the Company, effective February 1, 2024. Ms. Doyle will remain a director of the Company. Announcement • Jan 13
Energy Plug Technologies Corp. Announces Executive Changes Energy Plug Technologies Corp. announced the appointment of Neel Singh as the CSO of the Company and Peter Schober as a technical advisor of the Company, effective immediately. Neel Singh is a Vancouver-based strategist and business leader with over 20 years of experience at the intersection of brand strategy, business transformation and technology. Mr. Singh has a history of helping organizations scale and become innovators in their own industries through executive leadership and as a CMO. Neel has been a leader through the key growth stages of a business, from scrappy start-up, through hyper-growth, to IPO. He has led over 100 brand strategy and marketing projects, built and operated several departments, and has worked with the likes of the NBA, G20 and HuffPost. Mr. Singh's background is varied across several industries, entrepreneurial journeys, executive leadership and creative endeavours. Peter Schober, P. Eng, runs Renewable Power Corp. which focuses on run of river projects. Peter is involved with a number of independent power producers, and has worked with various First Nations groups in helping them become power self-sufficient. The Company also announces that Bernard O'Brien has resigned as a director of the Company. Energy Plug thanks Mr. O'Brien for his contribution as a director of the Company and wishes him well in his future endeavors. Announcement • Dec 16
Energy Plug Technologies Corp Appoints Neil Simmonds as Chief Technology Officer Energy Plug Technologies Corp. announced it is adding Neil Simmonds as Chief Technology Officer and Cec Primeau as Special Advisor to the board of directors, effective immediately. Mr. Neil Simmonds is a clean-technology veteran having engineered and researched lithium ion battery systems for the past 25 years for the likes of Fisker, Ford and GM, as well as for the consumer markets, including Sony, Phillips, Lucent and Bell Labs. Neil was a Founder and CTO of Corvus Energy and Mountain Power in which he helped develop the first commercial portable battery for Moli Energy (Molicel). Mr. Simmonds is a pioneer in battery technologies holding 70 different battery design and control patents. A strategic visionary, Neil has led complex teams and built high-performance, cost-effective battery products for the automobile and marine industries. In addition, Neil has a proven expertise in battery/powertrain modeling software, cell-monitoring for integrated circuits and thermal runaway prevention. Neil's pedigree is second to none adding tremendous experience to the manufacturing, assembly and R&D road map of Energy Plug. Mr. Cec Primeau, a 25 year C-Suite executive, had held tenures at A&W Canada, and PWC with most recent time at Corvus Energy where they developed the world's largest marine battery energy solution currently being used internationally on ferries, tugboats and super yachts. Mr. Primeau has also been an active advisor with Alacrity Canada, a Canadian company focused on building a strong tech ecosystem throughout its 7 global offices commercializing the acceleration and transition towards a net-zero economy. New Risk • Nov 30
New major risk - Revenue and earnings growth Earnings have declined by 4.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$952k free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 4.5% 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. Market cap is less than US$10m (€2.24m market cap, or US$2.45m). Announcement • Nov 09
Energy Plug Technologies Corp. Appoints Li Doyle as A Member of the Board of Directors Energy Plug Technologies Corp. announced immediately following the AGSM, the company appointed Li Doyle as a member of the board of directors of the company, effective immediately. Li is an experienced VP with over 25 years of experience in business development, including wholesale, retail and Energy Services. She has extensive experience in energy transition, sustainability consulting, on-site solar assessment with PPAs, ESG, and asset management. Additionally, Li has proven expertise in identifying opportunities, development of large energy projects with high financial returns, creating value by forging partnerships and risk management. She has worked for CAMS, ENGIE, NRG, Enron, and the US. Department of Energy in Washington, DC. She currently serves as an Executive Board member for Women’s Energy Network. New Risk • Nov 01
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$687k 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$687k free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Shareholders have been substantially diluted in the past year (69% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.29m market cap, or US$3.49m). New Risk • Sep 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 69% 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 (35% average weekly change). Shareholders have been substantially diluted in the past year (69% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€5.02m market cap, or US$5.36m). Announcement • Sep 15
Energy Plug Technologies Corp. (CNSX:PLUG) completed the acquisition of True North Battery Storage Corp. Energy Plug Technologies Corp. (CNSX:PLUG) entered into an agreement to acquire True North Battery Storage Corp. from Pillar Growth Consulting Inc., Even Keel Capital Ltd., 1190539 B.C. Ltd., David Parry, Alex David Gunning, Tony Kuo and others for CAD 0.6 million on September 1, 2023. The consideration for the acquisition consists of 8,000,000 units of Energy Plug Technologies. Each unit consists of one common share and one common share purchase warrant. The transaction is subject to customary conditions of closing, and is expected to close in the coming weeks.
Energy Plug Technologies Corp. (CNSX:PLUG) completed the acquisition of True North Battery Storage Corp. from Pillar Growth Consulting Inc., Even Keel Capital Ltd., 1190539 B.C. Ltd., David Parry, Alex David Gunning, Tony Kuo and others on September 14, 2023. Announcement • Sep 08
Energy Plug Technologies Corp., Annual General Meeting, Nov 08, 2023 Energy Plug Technologies Corp., Annual General Meeting, Nov 08, 2023. Announcement • Jun 28
Energy Plug Technologies Corp. Announces Resignation of Director Broderick Gunning Effective June 23, 2023 Energy Plug Technologies Corp. announced resignation of director Broderick Gunning effective June 23, 2023. Announcement • Jun 08
Energy Plug Technologies Corp. Announces Board Changes Energy Plug Technologies Corp. announced the appointment of Broderick Gunning as a member of the board of directors of the Company, effective June 7, 2023. Broderick Gunning is an accomplished professional who holds senior positions in the technology and energy sectors across Asia and the Americas. With a forward-thinking and entrepreneurial mindset, he excels in helping businesses effectively convey their stories in diverse markets, industries, and cultures. Mr. Gunning is actively forging strong partnerships in both public and private sectors, fostering growth, executing strategic visions, and generating value for shareholders. Mr. Gunning's primary focus lies in energy infrastructure, battery storage, battery recycling, e-mobility, ESG applications, and precious metals. His expertise extends to regions such as Canada, the United States, Mexico, China, Taiwan, and India. Throughout his career, Mr. Gunning has been involved in various fields, including digital assets, energy infrastructure, IoT, digital media, and manufacturing. The Company also announces the resignation of Curtis Ingleton from the Board effective immediately. Mr. Ingleton will continue as Chief-Technical-Officer of wholly-owned subsidiary Greentech Hydrogen Innovations Corp. Mr. Ingleton is an experienced technology developer and lead researcher who has guided several companies in start-up phase. He couples 20 years of computer networking experience with nearly a decade of work in Additive Manufacturing (AM) Technology, Applied Robotics and 3D Printing. With these skillsets he founded Genius IE: an engineering consortium focused on Additive Manufacturing Technology. Curtis conducts his research in cooperation with both industry and academia to create future materials, processes, and equipment. His services have been sought out by General Motors, Magna Corporation and Clik-Clik to name a few. Product development, process and equipment design are all experiential strengths Curtis draws on. He has been awarded Make Magazine's Worlds' Best 3D Printer, Southern Ontario's Top 40 Under 40 Business People and has received a nomination for a McMaster University Honorary Degree. Announcement • May 17
VPN Technologies Inc. announced that it has received CAD 0.795 million in funding On May 16, 2023, VPN Technologies Inc. closed the transaction. The company amended the terms of the transaction and issued 15,900,000 units at a price of CAD 0.05 per Unit for gross proceeds of up to CAD 795,000. The transaction was oversubscribed. Paul Dickson received 200,000 units and Curtis Ingleton received 400,000 units in the transaction. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). President, CEO & Director Paul Dickson is the most experienced director on the board, commencing their role in 2016. Independent Director Lindsay M. Hamelin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Full year 2022 earnings released: CA$0.01 loss per share (vs CA$0.055 loss in FY 2021) Full year 2022 results: CA$0.01 loss per share (improved from CA$0.055 loss in FY 2021). Net loss: CA$437.7k (loss narrowed 58% from FY 2021). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Board Change • Jun 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). CEO & Director Paul Dickson is the most experienced director on the board, commencing their role in 2016. Independent Director Rick Barnett was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 