Reported Earnings • Apr 24
Full year 2025 earnings released: CA$0.031 loss per share (vs CA$0.053 loss in FY 2024) Full year 2025 results: CA$0.031 loss per share (improved from CA$0.053 loss in FY 2024). Net loss: CA$1.14m (loss narrowed 41% from FY 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 21
Greencastle Resources Ltd., Annual General Meeting, Jun 25, 2026 Greencastle Resources Ltd., Annual General Meeting, Jun 25, 2026. New Risk • Mar 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% 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 Shares are highly illiquid. Earnings have declined by 50% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (CA$418k revenue, or US$304k). Market cap is less than US$10m (CA$1.93m market cap, or US$1.40m). Tillkännagivande • Mar 24
Greencastle Resources Ltd. announced that it has received CAD 0.2 million in funding On March 23, 2026, Greencastle Resources Ltd closed the transaction. The company announced that it has issued 5,000,000 units at a price of CAD 0.04 per Unit for gross proceeds of CAD 200,000. Each Unit was comprised of one common share and one whole Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share at a price of CAD 0.05 per Common Share until the date that is two (2) years from the date of issuance. The Company confirms that the gross proceeds will not be used for investor relations or paid to non-arm's length parties. All securities issued in connection with the Offering are subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. New Risk • Feb 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 Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m (CA$418k revenue, or US$306k). Market cap is less than US$10m (CA$1.95m market cap, or US$1.43m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: CA$0.013 (vs CA$0.004 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.013 (up from CA$0.004 in 3Q 2024). Net income: CA$463.7k (up 246% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 20
Greencastle Resources Ltd. (TSXV:VGN) purchase agreement to acquire unknown minority stake in Royal Uranium Inc. for CAD 0.175 million. Greencastle Resources Ltd. (TSXV:VGN) purchase agreement to acquire unknown minority stake in Royal Uranium Inc. for CAD 0.175 million on November 18, 2025. The consideration for an aggregate of 500,000 common
shares of Royal Uranium, the Greencastle Resources will issue 3,500,000 common shares from treasury at a deemed price of $0.05 per share for an aggregate deemed value of $175,000.
Closing of the Acquisition remains subject to customary conditions, including receipt of all necessary corporate approvals and acceptance of the TSX Venture Exchange for the issuance of the Consideration Shares. Board Change • Oct 10
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. 1 experienced director. 2 highly experienced directors. Independent Director Gus Martin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
Second quarter 2025 earnings released: EPS: CA$0 (vs CA$0.057 loss in 2Q 2024) Second quarter 2025 results: EPS: CA$0 (improved from CA$0.057 loss in 2Q 2024). Net loss: CA$17.3k (loss narrowed 99% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Jun 04
Greencastle Resources Ltd., Annual General Meeting, Jul 30, 2025 Greencastle Resources Ltd., Annual General Meeting, Jul 30, 2025. Reported Earnings • Jun 02
First quarter 2025 earnings released: CA$0.008 loss per share (vs CA$0.005 profit in 1Q 2024) First quarter 2025 results: CA$0.008 loss per share (down from CA$0.005 profit in 1Q 2024). Net loss: CA$290.2k (down 254% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Board Change • May 28
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. 1 experienced director. 2 highly experienced directors. Independent Director Gus Martin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 13
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. 1 experienced director. 2 highly experienced directors. Independent Director Gus Martin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 30
Third quarter 2024 earnings released: EPS: CA$0.004 (vs CA$0.10 loss in 3Q 2023) Third quarter 2024 results: EPS: CA$0.004 (up from CA$0.10 loss in 3Q 2023). Net income: CA$134.1k (up CA$3.85m from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 30
Second quarter 2024 earnings released: CA$0.057 loss per share (vs CA$0.011 profit in 2Q 2023) Second quarter 2024 results: CA$0.057 loss per share (down from CA$0.011 profit in 2Q 2023). Net loss: CA$2.06m (down CA$2.48m from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: CA$0.005 (vs CA$0.029 in 1Q 2023) First quarter 2024 results: EPS: CA$0.005 (down from CA$0.029 in 1Q 2023). Net income: CA$188.8k (down 82% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 25
Full year 2023 earnings released: CA$0.093 loss per share (vs CA$0.089 loss in FY 2022) Full year 2023 results: CA$0.093 loss per share. Net loss: CA$3.37m (loss narrowed 1.9% from FY 2022). Board Change • Jan 26
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 Chris Irwin was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 30
Third quarter 2023 earnings released: CA$0.10 loss per share (vs CA$0.047 loss in 3Q 2022) Third quarter 2023 results: CA$0.10 loss per share (further deteriorated from CA$0.047 loss in 3Q 2022). Net loss: CA$3.71m (loss widened 106% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CA$0.011 (vs CA$0.007 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.011 (up from CA$0.007 in 2Q 2022). Net income: CA$415.9k (up 59% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Board Change • Jul 13
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 Chris Irwin was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 28
First quarter 2023 earnings released: EPS: CA$0.029 (vs CA$0.037 loss in 1Q 2022) First quarter 2023 results: EPS: CA$0.029 (up from CA$0.037 loss in 1Q 2022). Net income: CA$1.05m (up CA$2.51m from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Apr 29
Full year 2022 earnings released: CA$0.089 loss per share (vs CA$0.091 profit in FY 2021) Full year 2022 results: CA$0.089 loss per share (down from CA$0.091 profit in FY 2021). Net loss: CA$3.43m (down 196% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Board Change • Apr 27
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 Chris Irwin was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 27
Third quarter 2022 earnings released: CA$0.047 loss per share (vs CA$0.037 loss in 3Q 2021) Third quarter 2022 results: CA$0.047 loss per share (further deteriorated from CA$0.037 loss in 3Q 2021). Net loss: CA$1.81m (loss widened 25% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 11% per year. Board Change • Nov 16
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 Chris Irwin was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Sep 17
Founder recently bought CA$80k worth of stock On the 8th of September, Anthony Roodenburg bought around 1m shares on-market at roughly CA$0.08 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Anthony's only on-market trade for the last 12 months. Reported Earnings • Aug 30
Second quarter 2022 earnings released: EPS: CA$0.007 (vs CA$0.025 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.007 (down from CA$0.025 in 2Q 2021). Net income: CA$262.2k (down 74% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 01
First quarter 2022 earnings released: CA$0.037 loss per share (vs CA$0.087 profit in 1Q 2021) First quarter 2022 results: CA$0.037 loss per share (down from CA$0.087 profit in 1Q 2021). Net loss: CA$1.45m (down 143% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 07
Greencastle Resources Ltd., Annual General Meeting, Jul 15, 2022 Greencastle Resources Ltd., Annual General Meeting, Jul 15, 2022. Reported Earnings • May 01
Full year 2021 earnings released: EPS: CA$0.091 (vs CA$0.076 in FY 2020) Full year 2021 results: EPS: CA$0.091 (up from CA$0.076 in FY 2020). Revenue: CA$3.85m (up 19% from FY 2020). Net income: CA$3.59m (up 21% from FY 2020). Profit margin: 93% (up from 92% in FY 2020). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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 Chris Irwin was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 25
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: CA$0.037 loss per share (down from CA$0.006 loss in 3Q 2020). Revenue: -CA$1.05m (down 1,488% from 3Q 2020). Net loss: CA$1.44m (loss widened 484% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 02
Second quarter 2021 earnings released The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CA$1.20m (up 84% from 2Q 2020). Net income: CA$1.00m (up 66% from 2Q 2020). Profit margin: 84% (down from 93% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 03
First quarter 2021 earnings released: EPS CA$0.087 (vs CA$0.017 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CA$3.58m (down 557% from 1Q 2020). Net income: CA$3.37m (up CA$4.04m from 1Q 2020). Profit margin: 94% (up from 86% in 1Q 2020). The increase in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 04
President recently sold CA$53k worth of stock On the 24th of February, James Pirie sold around 250k shares on-market at roughly CA$0.21 per share. This was the largest sale by an insider in the last 3 months. This was James' only on-market trade for the last 12 months. Tillkännagivande • Feb 26
Greencastle Resources Ltd. Reports Drilling Results at Jewel Ridge, Nevada Greencastle Resources Ltd. reported encouraging drill results at Jewel Ridge, Nevada. From surface, an intercept of 24.54 metres returned 9.16 grams per tonne (g/t) gold (Au), 65.8 g/t silver (Ag), 1.03% lead (Pb) and 1.90% zinc (Zn). This intercept is hosted in Hamburg dolomite and comprises both Carlin-type and CRD-type (carbonate replacement deposit) oxide mineralization. A higher bonanza grade portion from 15.21 metres to 18.44 metres returned 3.23 metres averaging 57.16 g/t Au, 452.0 g/t Ag, 7.23% Pb and 11.99% Zn. This “bonanza” intercept is interpreted by the GLM geologists as similar to mineralization at the nearby historic Ruby Hill mine and can be described as an oxidized carbonate-hosted, structurally and lithologically controlled gold-silver (with associated lead-zinc) mineralization. The Jewel Ridge property hosts over a dozen past-producing mines and prospects over a four-kilometre strike on the Dunderberg-Windfall belt, most worked in the late 1800s for gold, silver and lead, from shallow oxide deposits. Is New 90 Day High Low • Feb 25
New 90-day high: CA$0.24 The company is up 129% from its price of CA$0.10 on 26 November 2020. The Canadian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 15% over the same period. Tillkännagivande • Jan 22
Greencastle Resources Ltd. announced that it has received CAD 0.1 million in funding from Marburg Corp. On January 21, 2021, Greencastle Resources Ltd. (TSXV:VGN) closed the transaction. The securities issued in connection with the transaction are subject to a statutory hold period of four months and one day in accordance with applicable securities laws. The warrants will expire at any time on or before January 21, 2024. Tillkännagivande • Dec 11
Greencastle Resources Ltd. announced that it expects to receive CAD 0.1 million in funding from Marburg Corp Greencastle Resources Ltd. (TSXV:VGN) announced a private placement of 1,000,000 units at a price of CAD 0.1 per unit for gross proceeds of CAD 100,000 on December 10, 2020. The transaction will include participation from Marburg Corp. Each unit will consist of one common share and one common share purchase warrant exercisable for three years at CAD 0.15. Tillkännagivande • Dec 03
Greencastle Resources Ltd. Enters into an Option Agreement in the Mayflower Gold Property 35 Km West of Atikokan, Northwestern Ontario Greencastle Resources Ltd. announced the company has entered into an option agreement to earn an undivided 100% interest in the Mayflower Gold Property 35 km west of Atikokan, Northwestern Ontario. The Mayflower property consists of 64 claims covering the historic Mayflower gold mine workings in the emerging Rainy River Atikokan gold district. Historic work between 1899 and 1928 resulted in the sinking of a 30 metre shaft and approximately 50 metres of underground workings on two levels. Grab samples collected by the Ontario Department of Mines in 1981 returned values ranging from nil up to 0.95 oz/t gold and 5.17 oz/t silver. Additional historic exploration included about 1,000 metres of nearsurface drilling in 12 holes. The Mayflower has seen little modern exploration and has excellent infrastructure, located close to the former iron ore mining town of Atikokan, some 200 km west of Thunder Bay, Ontario. Several large gold deposits are located in the Atikokan Rainy River region. The Hammond Reef gold deposit, situated 55 km northeast of the Mayflower property, contains NI 43101 Measured and Indicated resources of 4.5 million ounces of gold contained in 208 million tonnes grading 0.67 g/t Au and Inferred resources of 12,000 ounces of gold, using a cutoff gold grade of 0.32 g/t, as of December 31, 2019. The Rainy River producing mine, located about 140 km to the west of the Mayflower property, has NI 43101 Reserves of 2.6 million ounces gold and 6.3 million ounces silver, and Resources of 1.9 million ounces gold and 5.1 million ounces silver The terms of the agreement call for Greencastle to pay the vendors a total of $100,000 cash, issue a total of 600,000 shares of Greencastle subject to TSX Venture Exchange approval, and complete a total of $250,000 in Exploration Expenditures to earn a 100% interest in the Property, subject to a 2% Net Smelter Return Royalty. Greencastle retains the option to purchase sole rights to half of the 2% NSR Royalty from the vendors for a payment of $1,000,000. Reported Earnings • Nov 29
Third quarter 2020 earnings released: CA$0.006 loss per share Third quarter 2020 results: Net loss: CA$246.3k (loss narrowed 11% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 71% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 26
Greencastle Resources Ltd. Reports New Mineralized Zone at Jewel Ridge, Nevada Greencastle Resources Ltd. reported encouraging drill results at Jewel Ridge, Nevada and receipt of two million common shares of Golden Lake Exploration Inc. On November 19, 2020, Golden Lake Exploration Inc. reported: "A new mineralized zone was intersected in hole JR-20-09 at a depth of 160.0 metres, averaging 1.48 grams per tonne gold and 1.3 grams per tonne silver over an interval of 10.67 metres. This represents a second mineralized horizon hosted in dolomite, in addition to the upper mineralized zone, which returned 1.25 grams per tonne gold and 5.5 grams per tonne silver over 16.76 metres from surface in hole JR-20-09. These four holes wrap up the summer program results; assays are now pending from the most recent program announced Oct. 20, 2020". 