New Risk • May 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$1.6m 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$1.6m free cash flow). Shareholders have been substantially diluted in the past year (196% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.46m market cap, or US$3.24m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Tillkännagivande • May 04
Advanced Gold Exploration Inc., Annual General Meeting, Jun 30, 2026 Advanced Gold Exploration Inc., Annual General Meeting, Jun 30, 2026. Location: british columbia, vancouver Canada Board Change • Apr 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Walter Henry was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 15
Advanced Gold Exploration Inc. Appoints Jason Baker as Director, Effective April 14, 2026 Advanced Gold Exploration Inc. announced that Mr. Jason Baker has been appointed as a director of the Company, effective April 14, 2026. Mr. Baker is a finance professional with Altus Capital Partners, a boutique investment bank based in Vancouver, BC. Over the past two years, he has helped raise more than $35-million in equity financings for public and private companies, including Scorpio Gold Corp. and Magma Silver Corp. He has served as CFO and as a board member of multiple public and private companies and currently serves in these roles for Magma Silver Corp. Mr. Baker holds a Bachelor of Commerce in Finance from the UBC Sauder School of Business and an Accounting Diploma from Langara College. Tillkännagivande • Mar 19
Advanced Gold Exploration Inc. announced that it has received CAD 0.977 million in funding On March 18, 2026, Advanced Gold Exploration Inc closed the transaction. The company announced that it has issued 4,885,000 units at a price of CAD 0.20 per unit for aggregate gross proceeds of CAD 977,000. Each unit comprises one common share in the capital of the company and one-half of one whole common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share at a price of CAD 0.30 per common share for a period of two years from the date of issuance. All securities issued pursuant to the offering are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. In connection with the offering, the company paid certain eligible persons a cash commission of an aggregate of CAD 59,760 and issued an aggregate of 286,800 broker warrants. Each broker warrant entitles the holder thereof to acquire one common share at a price of CAD 0.30 per common share for a period of two years from the closing of the offering. A insider of the Company subscribed for an aggregate of 150,000 Units. Tillkännagivande • Jan 23
Advanced Gold Exploration Inc. announced that it has received CAD 0.5245 million in funding On January 22, 2026, Advanced Gold Exploration Inc. closed the transaction. The company issued 3,496,667 units at an issue price of CAD 0.15 per unit for gross proceeds of CAD 524,500.05. In connection with the closing of the Private Placement, the Company paid certain eligible persons
cash commissions in the aggregate amount of CAD 16,949.99. In lieu of certain cash commissions, the Company issued the finder an aggregate of 15,000 Common Shares. Board Change • Dec 18
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. 3 non-independent directors. Independent Director Walter Henry was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 68% 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. High level of non-cash earnings (50% accrual ratio). Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$987.7k market cap, or US$706.9k). Tillkännagivande • Nov 28
Advanced Gold Exploration Inc. announced that it has received CAD 0.25 million in funding On November 27, 2025, the Advanced Gold Exploration Inc closed the transaction. In connection with the closing of the
Offering, the Company paid certain eligible persons cash commissions in the aggregate amount of CAD 8,500. In lieu of cash commissions, the Company issued the finder an aggregate of 170,000 Common Shares. Insiders of the Company subscribed for an aggregate of 2,800,000 Units. The Offering was approved by the members of the board of directors of the Company. Prior to the completion of the Offering, Arndt Roehlig held an aggregate of 16,500 Common Shares, representing approximately 0.21% of the then issued and outstanding Common Shares on an undiluted basis and on a partially diluted basis. Upon completion of the Offering, Mr.Roehlig held an aggregate of 2,516,500 Common Shares and 1,250,000 Warrants, representing approximately 19.11% of the issued and outstanding Common Shares on an undiluted basis and approximately 26.12% on a partially diluted basis Tillkännagivande • Nov 07
Advanced Gold Exploration Inc. announced that it expects to receive CAD 0.25 million in funding Advanced Gold Exploration Inc. a non-brokered private placement through the issuance of up to 5,000,000 units at a price of CAD 0.05 per Unit for aggregate gross proceeds of up to CAD 250,000 on November 6, 2025. Each Unit shall be comprised of one common share in the capital of the company and one-half of one whole transferable Common Share purchase warrant. Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of CAD 0.065 per Common Share for a period of two years from the date of issuance. All securities issued pursuant to the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. The Company may pay certain eligible finders a cash commission of up to 10% of the gross proceeds received from subscribers introduced to the Company by such finder. The company also announced the appointment of Arndt Roehlig to its Board of Directors, President and CEO effective immediately and Atkinson will continue to serve as a director of the Company and has been appointed Chairman of the Board of Directors of the Company. Tillkännagivande • Oct 31
Advanced Gold Exploration Inc. Announces CFO Changes, Effective October 20, 2025 Advanced Gold Exploration Inc. announce that David McDonald has been appointed Chief Financial Officer of the Company, effective October 20, 2025. In connection with Mr. McDonald's appointment, Mr. Radovan Danilovsky has resigned as the Chief Financial Officer of the Company, effective October 20, 2025. Mr. Danilovsky remains a director of the Company. New Risk • Aug 31
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$413k 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$413k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$799.9k market cap, or US$582.4k). Tillkännagivande • Aug 14
Advanced Gold Exploration Inc., Annual General Meeting, Oct 02, 2025 Advanced Gold Exploration Inc., Annual General Meeting, Oct 02, 2025. Location: ontario, toronto Canada Tillkännagivande • Aug 07
Advanced Gold Exploration Inc. announced that it has received CAD 0.024734 million in funding On August 5, 2025. Advanced Gold Exploration Inc. announced that it has closed the transaction. It has issued 494,670 units at a price of CAD 0.05 per unit for gross proceeds of CAD 24,733.5. Tillkännagivande • Apr 09
Advanced Gold Exploration Inc. announced that it expects to receive CAD 0.2 million in funding Advanced Gold Exploration Inc. arranged a non-brokered private placement to issue 4 million units at a price of CAD 0.05 per unit for gross proceeds of CAD 200,000 on April 8, 2025. Each unit shall comprise one common share in the capital of the company and one common share purchase warrant. Each warrant shall entitle the holder thereof to acquire one common share at a price of CAD 0.10 per common share for a period of three years from the date of issuance. All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% 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 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$785.0k market cap, or US$547.8k). Tillkännagivande • Jan 08
Advanced Gold Exploration Inc. announced that it expects to receive CAD 0.1 million in funding Advanced Gold Exploration Inc. announces a non-brokered private placement of up to two million flow-through units at a price of CAD 0.25 per FT unit and up to two million non-flow-through units at a price of CAD 0.25 per unit for a combined aggregate gross proceeds of up to CAD 100,000 on January 7, 2025. Each FT unit shall be composed of one common share in the capital of the company, issued on a flow-through basis, and one common share purchase warrant. Each warrant shall entitle the holder thereof to acquire one common share in the capital of the company at a price of CAD 0.05 per common share for a period of five years from the date of issuance. All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. Tillkännagivande • Oct 08
Advanced Gold Exploration Inc. announced that it expects to receive CAD 0.1 million in funding Advanced Gold Exploration Inc. announced that it intends to complete a non-brokered private placement of 100 unsecured convertible debentures at a price of CAD 1,000 per Debenture for gross proceeds of CAD 100,000 on October 7, 2024. The Debentures will mature three years following the date of issuance and will bear interest at an interest rate of 3% per annum, commencing on December 31, 2024, (i) in cash; or (ii) the equivalent value in Common Shares based on a price per Common Share of CAD 0.10 per Common Share. Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of CAD 0.15 per Common Share until the date that is the third year from the date of issuance of the Debenture. The Offering remains subject to the final approval of the Canadian Securities Exchange. Pursuant to applicable Canadian securities laws, the Debentures as well as any underlying Common Shares or Warrants to be issued upon conversion or exchange of these securities, are subject to a hold period of four months and one day. New Risk • Aug 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% 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 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.13m market cap, or US$842.6k). Tillkännagivande • Aug 27
Advanced Gold Exploration Inc. announced that it has received CAD 0.2865 million in funding On August 26, 2024, Advanced Gold Exploration Inc closed the transaction. The company issued 8,200,000 flow-through units at a price of CAD 0.025 per FT Unit for gross proceeds CAD 205,000 and 3,260,000 common share nonflow-through units at a price of CAD 0.025 per NFT Unit for gross proceeds CAD 81,500, for aggregate gross proceeds of CAD 286,500. New Risk • Aug 25
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$313k 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$313k free cash flow). Shares are highly illiquid. Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$641.4k market cap, or US$474.7k). Minor Risk Shareholders have been diluted in the past year (29% increase in shares outstanding). Tillkännagivande • Jun 26
Advanced Gold Exploration Inc. announced that it expects to receive CAD 0.725 million in funding Advanced Gold Exploration Inc. announced a non-brokered private placement through the issuance of up to 25,000,000 flow-through units at a price of CAD 0.025 per FT Unit for the gross proceeds of CAD 625,000, and up to 4,000,000 non-Flow-Through units at a price of CAD 0.025 per NFT Unit for the gross proceeds of CAD 100,000; combined aggregate gross proceeds of up to CAD 725,000 on June 25, 2024. Each FT Unit shall be comprised of one Common Share and one-half of one Common Share purchase warrant. Each FT Warrant shall entitle the holder thereof to acquire one Common Share at a price of CAD 0.10 per Common Share for a period of five 5 years from the date of issuance. The Company may pay finder's fees in accordance with the rules and policies of the Canadian Securities Exchange. Each NFT Unit shall be comprised of one common share and one common share purchase warrant. Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of CAD 0.10 per Common Share for a period of five years from the date of issuance. All securities issued pursuant to the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. Tillkännagivande • Feb 29
Advanced Gold Exploration Inc. Announces Executive Changes Advanced Gold Exploration Inc. announced appointment of Dr. Andrew Ramcharan PhD, P.Eng. as the President of the Company effective February 15, 2024. Concurrent with Dr. Ramcharan's appointment, Mr. Jim Atkinson will be resigning as the President of the Company, however, Mr. Atkinson will remain as the Company's Chief Executive Officer and as a director of the Company. Dr. Ramcharan has over 20 years' unique experience in the mining industry which includes investor relations, project evaluation, operations, capital markets, consultancy, and investment banking. Among his past accomplishments, Andrew has created and implemented Investor Relations Policies and Corporate Strategies with significant success and has completed over 300 project evaluations globally on many commodities and proposed over 40 different investment strategies. In addition, he has been involved in the completion of two major takeover transactions worth $800M and $1.5B Capital Cost and raised over $1B in funding. His PhD from Colorado School of Mines included a minor in Mineral Economics He also attended Harvard Business School (short course on strategy investment). Board Change • Dec 14
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. CEO & Non-Independent Director Jim Atkinson is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 29
Advanced Gold Exploration Inc. announced that it expects to receive CAD 0.5 million in funding Advanced Gold Exploration Inc. announced a non-brokered private placement of up to 16,666,666 flow-through units at a price of CAD 0.03 per FT unit for aggregate gross proceeds of up to CAD 500,000 on November 27, 2023. Each FT unit shall be comprised of one common share, issued on a flow-through basis and one common share purchase warrant, issued on a non-flow-through basis. Each FT warrant shall entitle the holder thereof to acquire one common share at a price of CAD 0.05 per common share for a period of 2 years from the date of issuance. The company may pay finder’s fees in accordance with the rules and policies of the Canadian Securities Exchange. All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the transaction is subject to certain conditions including, but not limited to, the receipt of all
necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. Board Change • Nov 09
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. CEO & Non-Independent Director Jim Atkinson is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Sep 27
Advanced Gold Exploration Inc. announced that it has received CAD 0.16125 million in funding On September 26, 2023, Advanced Gold Exploration Inc. closed the transaction. The company has now issued 2,700,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 135,000 and 350,000 flow-through units at a price of CAD 0.075 per flow-through unit for aggregate gross proceeds of CAD 26,250; for total gross proceeds of CAD 161,250. Tillkännagivande • Sep 08
Advance United Holdings Inc. Announces Appointment of CFO Advance United Holdings Inc. to announced that Mr. Radovan Danilovsky has been appointed as the Chief Financial Officer of the Company, effective September 1, 2023. Mr. Danilovsky is an experie nced small-cap executive in Junior Mining sector. He is currently the President, Corporate Secretary and interim CFO of McLaren Resources Inc., a junior gold explorer with projects in the area of the Company's Melba Project. Mr. Danilovsky is also an experienced investment manager, including Flow-Through funds. Currently, he is a registered Portfolio Manager with Wealthera Inc. Mr. Danilovsky also served as a Managing Director, Portfolio Manager and Chief Compliance Officer of Orthogonal Capital Management Corp. Prior to that he was an investment analyst at Accilent Capital Management Inc., known for its successful Pavilion Flow-Through LP series of funds. Mr. Danilovsky has completed his studies in sciences at University of Toronto and master's at UPMC Sorbonne University. Additionally, he holds a master's degree in management from ESSEC Business School, Paris, France, and a Chartered Investment Manager designation from Canadian Securities Institute. New Risk • Aug 31
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$2.7m 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$2.7m free cash flow). Share price has been highly volatile over the past 3 months (45% average weekly change). Earnings have declined by 65% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.24m market cap, or US$919.0k). Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding). Tillkännagivande • Jun 22
Advance United Holdings Inc. Announces Resignation of Kevin Wright as Director Advance United Holdings Inc. announced that Mr. Kevin Wright has resigned as a director of the Company effective the date hereof. Tillkännagivande • Jun 08
Advance United Holdings Inc. announced that it expects to receive CAD 0.75 million in funding Advance United Holdings Inc. announced a non-brokered private placement of up to 5,000,000 units at a price of CAD 0.05 per unit and up to 6,666,666 flow-through units at a price of CAD 0.075 per FT unit for gross proceeds of up to CAD 750,000 on June 6, 2023. Each unit shall be comprised of one common share and one common share purchase warrant. Each warrant shall entitle the holder thereof to acquire one common share at a price of CAD 0.10 per common share for a period of three years from date of issuance. Each flow-through unit shall be comprised of one common share, issued on a non-flow- through basis and one and half common share purchase warrant, issued on a flow-through basis. Each flow-through warrant shall entitle the holder thereof to acquire one common share at a price of CAD 0.10 per common share for a period of three years from date of issuance. All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. Tillkännagivande • May 24
Advance United Holdings Inc. announced that it has received CAD 0.1 million in funding On May 23, 2023, Advance United Holdings Inc. closed the transaction. All securities issued pursuant to the Offering will be subject to a hold period of four months plus a day from the date of issuance. Tillkännagivande • May 06
Advance United Holdings Inc., Annual General Meeting, Jul 07, 2023 Advance United Holdings Inc., Annual General Meeting, Jul 07, 2023. Tillkännagivande • May 05
Advance United Holdings Inc. Announces CFO Changes Advance United Holdings Inc. announced that Mr. David Beck has resigned as the Company's Chief Financial Officer. The Board of Directors and management would like to thank Mr. Beck forhis contributions to the Company and wish him every success in his future endeavors. The Company and the board of directors have begun the search to find Mr. Beck's replacement. The board of directors has approved the appointment of Mr. Jim Atkinson, the Chief Executive Officer of the Company, as the Company's Interim Chief Financial Officer until Mr. Beck's replacement has been found. Tillkännagivande • Dec 22
Advance United Reports 4.6% High-Grade Copper and Critical Metals At Buck Lake Property, Sault-Ste Marie Area, Ontario Advance United Holdings Inc. announced the receipt of assay results for 10 of 15 diamond drill holes completed on the Buck Lake Property in Sault-Ste Marie, Ontario with additional results expected to be reported in early 2023. A total of 688 samples were analyzed from 10 drill holes and tested with the Actlabs facility in Timmins, Canada. The sampling was completed in accordance with their comprehensive Quality Assurance and Quality Control (QA/QC) program including the OREAS standards, blanks, duplicate core and pulp samples. The VMS zones at Buck Lake were stripped of overburden to expose bedrock and identified 10 areas with significant potential. A total of 89 samples, over a total length of 85 meters, identified several high priority targets including area M which showed highly anomalous gold up to 0.33 g/t along with copper anomalies averaging 1.58% - a high grade potential. The drilling traced a 500-meter VMS mineralized zone, which not only possibly remains open on strike but remains untested beyond the 140 meter drilling depth. The drilling intersected massive and semi-massive sulphide mineralization which the Company believes corresponds to the source of the VLF EM anomalies outlined by the previous surface work. Figure 1 below shows the relationship of the mineralization intersected in the drilling to the main VLF EM anomaly. The sulphide zone is open to the north and south and the Company intends to make the subject of follow-up with further geophysics. As no cut lines are required, VLF EM is an economical and environmentally responsible method to trace the mineralized horizon and it is planned to extend the survey to the north and south from the known mineralization. Geological Prominence The drilling encountered mixed volcanic units consisting of felsic and mafic volcanics with tuffaceous and agglomerate textures enclosing the massive to semi-massive sulfides which are dominantly pyrite and pyrrhotite with varying amounts of chalcopyrite and sphalerite and rarely galena. The sulphide zones are often enclosed in silicious material and exhalite and are often accompanied by chloritic alteration. The environment is typical of VMS-type deposits such as Kidd Creek in Timmins and Horne in Noranda. Notably, VMS deposits occur in clusters as can be seen in Mattagami and in NW Quebec (Millenbach, Ansil, Corbet etc.) Copper and/or zinc mineralization was intersected in 8 of the 10 holes for which assays have been obtained generally in zones of 3 to 4 meters. The highest copper value returned in the present drilling program was in drill hole BL-22-06 which returned a value of 4.59 % Cu over 3.2 m in a larger zone of 11.75 m of 1.51% Cu. Tillkännagivande • Nov 24
Advance United Holdings and Frontline Gold Report on Geophysical Work Program on Paint Lake Road Project in Wawa, Ontario Advance United Holdings Inc. and Frontline Gold Inc. reported numerous favorable geophysical anomalies have been identified on the Paint Lake Road JV ("PLR JV") Property. The completed ground geophysical VLF EM survey shows many structures of interest and identifies at least six northeasterly trending EM anomalies which may be related to shear zones cutting intrusive rocks as evident in the nearby Eagle Mine which comprises quartz veins in shear zones cutting intrusive diorites. Most anomalies are sub-parallel to and offsets of the regional Pukaskwa-Iron Lake (PIL) Shear Zone which hosts gold mineralization locally at Abbie Lake and David Lake and regionally at Island Gold Mine to the northeast. The area has recently been consolidated by other exploration companies and the property is surrounded by ground held by Angus Gold and Bold Ventures and the property is in a relatively unexplored area near the Wesdome's Open Pit Mine and is located on and adjacent to regional faults that are known to carry gold to the north and south. The project is within the Wawa Abitibi Subprovince, prolifically known for its metal endowment. It has been estimated the Abitibi Subprovince has produced over 200 million ounces of gold and 400 million tonnes of base metal ore. The belt has recently been consolidated and the Paint Lake Road property is strategically located inside the consolidated area near the Mishi Open Pit and the former Magnacon Mines. The property comprises six (6) claim blocks totaling over 3,610 hectares 50km north of Wawa, Ontario and is located inside the Mishibishu Greenstone Belt which hosts the Wesdome Mines, the Eagle River Gold Mine, the Mishi Open Pit, and the former Magnacon Mine. Tillkännagivande • Nov 08
Advance United Holdings Inc. Completes Phase I Drill Program on Buck Lake Property Advance United Holdings Inc. announced completion of the preliminary diamond drilling program at their Buck Lake Property in the Batchawana Greenstone Belt in northern Ontario. The program comprised a total of 2,543 meters across 15 diamond drill holes. The program was focused on exploring the previously identified VLF-EM anomaly in the vicinity of the 1986 Noranda drill hole. The drill hole previously completed by Noranda had identified two zones of massive sulphide with visible copper and zinc mineralization, but no assays were reported. The geology of the Buck Lake Property is prospective for Volcanic Massive Sulphide (VMS) type of mineralization which could be typified by large bodies such as the Horne Mine and Kid Creek Deposit or clusters of smaller bodies such as the Millenbach /Corbet area of NW Quebec. A 3,000 meter long airborne EM anomaly had also been identified on the property by a previous company, and a soil sampling program in 2016 identified an area of anomalous copper and zinc in the northern part of the EM trace. The Advance United team decided to focus a VLF-EM ground survey in this area and a strong NNW trending anomalous zone was identified. The recent drilling was aimed at testing this anomaly. A zone of anomalous response was traced for over 800 meters with two area of stronger response noted. Stripping of the overburden and subsequent washing exposed the sulphide zone over a distance of 500 meters prior to drilling. The recent drilling was focused in the areas of stronger VLF-EM response and intersected massive and semi massive sulphide mineralization consisting of pyrite, pyrrhotite chalcopyrite and sphalerite in a northwest trending zone over distance of at least 500 meters length. The intersections of mineralization ranged from 0.5 meter to 14.5 meters in thickness, where drill length and true thickness has not been determined. The zone is open to the south. Tillkännagivande • Sep 29
Advance United Holdings Inc. Completes Melba Gold Mine Phase I Work Program Advance United Holdings Inc. report on the completion of its Phase I Work Program at the Company's Melba Gold Mine project, a past producing gold property in the Abitibi Greenstone Belt near Kirkland Lake, Ontario, Canada. The Phase I program included opening access to the former mine and validating previously identified gold veins. Additionally, the work team pursued geological prospecting and sampling in new areas. With reasonable access established and the known gold veins identified and exposed, stripped, and pitted, a total of ninety-four (94) samples were collected and submitted to Actlabs Group of Companies for analysis. The company submitted the samples to Actlab's Timmins facility and relies on their internal QA/QC procedures for the analysis. These procedures include insertion of appropriate OREAS standards, blank and duplicate samples, and a review of the results deemed by them to e satisfactory. The lab completed QOP AA-Au (Au - Fire Assay AA), 1A3-Timmins QOP AA-Au (Au - Fire Assay Gravimetric) and 1E3-Timmins QOP AquaGeo (Aqua Regia ICPOES) methods for the samples. Actlabs' results established the average of all samples collected was over 1.2 g/t gold, with six (6) of the samples returning greater than 5.0 g/t gold, including highs of 14.6 g/t, 11.9 g/t and 10.6 g/t gold. The Company confirmed the presence of the previously described veins (Melba Mines Historical reports summarized in Telluriton Corporation, Internal Report 2015) which were determined to contain gold mineralized shoots that average 22.5 g/t gold over a length of 25m and 16.22 g/t gold over a length of 85m in the underground workings. Tillkännagivande • Sep 15
Advance United Holdings Inc. announced that it expects to receive CAD 0.5 million in funding Advance United Holdings Inc. announced a non-brokered private placement of up to 2,500,000 units at a price of CAD 0.08 per unit and up to 3,000,000 flow-through shares at a price of CAD 0.10 per share for aggregate gross proceeds of CAD 500,000 on September 14, 2022. Each unit will be comprised of one common share in the capital of the company and one-half of one whole common share purchase warrant. Each warrant shall entitle the holder thereof to acquire one common share at a price of CAD 0.15 per share for a period of 24 months from the date of issuance. All securities issued will be subject to a hold period of four months plus a day from the date of issuance. The closing of the transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange.
As of the same date, the company issued 1,500,000 shares for gross proceeds of CAD 150,000 to an insider of the company in its first tranche. Tillkännagivande • Jul 28
Advance United Holdings Inc. Acquires Melba Gold Mine, Past Producing Gold Property in the Abitibi Greenstone Belt Near Kirkland Lake, Ontario, Canada Advance United Holdings Inc. announced the acquisition of two adjacent gold properties in the Township of Melba, in the Kirkland Lake Ontario area in the Abitibi Greenstone Belt of Kirkland Lake, Ontario, Canada. The Melba Mine includes historic reports indicating that there are gold resources of approximately 11,800 oz of gold underground and the former ore dump remains on surface, as no ore was processed or removed from the site. Gold was first discovered on the property in 1934 and the Melba Mine began development in 1936 but was shut down shortly thereafter with the declaration of World War II. On June 1st, 2020, the claim lease patents were published for public staking as no work or lease payments were current and included the mine workings which are in good standing until 2036. In 1936 Melba Gold Mines Limited began production and completed a 246 feet inclined shaft and 900 feet of lateral drift work. Over the years, from 1939 to 1988, numerous companies worked the property mapping and grab /bulk sampling and performing ground and airborne geophysics. The property also experienced significant drilling and a compilation of this work indicates significant gold mineralization remains in the old workings. To date four gold-bearing quartz-calcite veins have been identified and trenched on the property. These include the Rolling Vein, Mike Vein, Blue Vein, and the Contact Vein. The mineralization at the Melba property is open on strike and to depth, and there are excellent historic work records for additional compilation. The Blue Vein appears to be the most important and the historic underground work was apparently concentrated on this vein. Twenty (20) diamond drill holes intersected the Blue Vein with visible gold reported in ten (10) of the first eighteen (18) holes. Diamond drillhole No. 18 intersected a second vein north of the Blue Vein that ran 0.293 oz/t (9.7 g/t Au over 0.5 meter). In underground work on the blue Vein, 200 ft (60 m). was reported to have 0.371 oz/t gold over 3 feet (12.7 g/t over 1 meter). The face sampling ran up to 0.385 oz/t gold over 40 inches for 169 ft (13.2 g/t over 1.1 m for 51.1m). Historic sampling (by Teck-Hughes Mines Limited) returned an assay of 0.327 oz/t Au over 4.5 ft (11.2 g/t over 1.4 m) and a bulk sample returned 0.210 oz/t Au over 4.5 ft (7.2 g/t over 1.4m) Further sampling of drill holes (by Pitchvein Mines Limited) returned values ranging up to 3.5 ounces (120 g/t) over narrow width. Samples from the underground workings returned assays as high as 3.7 ounces per ton (128 g/t). Silver values in DDH S 62-1 returned values up to 0.22 oz/t Ag. Assays returned from the Blue Vein values as high as 0.471 oz/t Au over 3.2 ft. for 170 ft (15.3 g/t over 1.1m for a length of 52 m). The Breccia Vein returned 0.658 oz/t Au over 3.1 ft (22.6 g/t over 1.1 m). Gold values from the 1960 drilling by Pitch Vein Mines Ltd. returned values up to 1.11 oz/t Au over 2.4 ft (37.7 over 0.7 m).; most of the drill holes returned visible gold. Tillkännagivande • Jun 30
Advance United Holdings Reports on Buck Lake Property 2022 Work Program Advance United Holdings Inc. reported the summer work program on the Buck Lake Property in the Batchewana Greenstone Belt ("BGB") of Northern Ontario is underway. The Buck Lake Property lies within the eastern part of the BGB of the Superior Province approximately two hours north-northeast by road from Sault Ste Marie and is comprised of 78 claims totaling approximately 1,715 hectares. The property covers three (3) known mineralized areas which have potential for Volcanic Massive Sulphide Deposits (VMS) - the Noranda, El Carmen, and Goulais River Zones. Geological mapping and prospecting crews have been mobilized to the property to begin field work in the area referred to as the Noranda Zone. Numerous base metal occurrences are known in the BGB and the past producing Tribag Mine occurring 30 km to the southwest was a significant copper producer. The work program will focus initially on targets around the massive sulphide mineralization intersections identified in previous drilling in the Noranda Zone and the extended VLF-EM anomalies identified related to this mineralization. They will also be following up on anomalous copper in soil results obtained in the 2017 soil survey and rock samples which returned 0.3% copper. The ground VLF-EM survey completed on the property in 2021 identified strong conductors which have been interpreted to be related to major mineralized zones which traverse the property. An area in the central part of the property, the Noranda Zone, where drill intersections identified massive sulphide mineralization will be the focus of intense prospecting, sampling, and mapping. Past work in the eastern part of the BGB has been limited in part due to poor access and mineral rights ownership of a large number of townships by Algoma Central Railway but there has been some work in the vicinity and on the property in the 1970s by companies such as Granges. A modest exploration program on the Buck Lake Property was carried out by Noranda in the mid 1980's which resulted in the definition of a 3,000-meter-long airborne and ground geophysical electromagnetic ("EM") anomaly. Noranda followed up with a single drill hole which intersected two 4-meter-thick massive sulphide zones which reported copper and zinc mineralization, although no assays were reported. In 2017 a reconnaissance soil survey was completed, and a 2,500-meter-long copper/zinc anomaly was identified overlying the area of the former drilling and extending to the south. In 2021 a ground VLF-EM survey outlined the known EM anomaly in detail near the Noranda Drill hole and resulted in several key areas for follow-up. Tillkännagivande • Jun 03
Advance United Holdings, Inc. Reports on Doyle Property 2022 Work Program in Batchewana Greenstone Belt of Northern Ontario, Canada Advance United Holdings Inc. announced the commencement of the summer work program which started mid-May 2022 on the Doyle Property in the Batchewana Greenstone Belt near Wawa, Ontario, Canada. The Doyle Property lies within the Batchawana Greenstone Belt of the Superior Province approximately two hours northeast by road from Batchawana Bay on the TransCanada Highway. It is comprised of 166 claims totally approximately 3,636 hectares and is accessed by existing logging and bush roads allowing easy access to most of the property. Geological mapping and prospecting crews were dispatched this month to the field to begin the work program. The program will be focused on follow-up in two high grade gold intersections identified from previous drilling. Drill hole T-94-22 returned an assay of 49 g/t gold over 1.0 m in one of two quartz veins intersected by the drilling and visible gold was identified in the drill core from this hole. The gold-bearing veins have not been sufficiently mapped to date, and similar veins discovered during reconnaissance work by Advance United staff on surface in the vicinity of the hole will beone of the focuses of the work program to properly sample and map the area. Interpretation of this surface work will aid Advance United staff in determining the extent of the gold bearingveins. A second area of interest is in the vicinity of drill hole T95-34, which intersected a pyrite-rich unit returning 2.0 g/t gold over 9 meters and 15.7g/t gold over 1 meter. This intersection is significant for two reasons. Firstly, the gold does not seem to be related to the quartz veining but instead is disseminated in a pyrite-rich unit in felsic tuffs. This relationship is similar to the mineralization found at the Hemlo Deposit (which has produced over 21 million ounces of gold according to Barrick Gold website). Secondly, there is a strong geophysical IP anomaly on surface "up-dip" and along the strike of the drill hole which warrants follow-up. A geophysical interpretation completed in 2021 identified two major areas of higher resistivity related to possible silicification on the western part of the property where many gold occurrences have been found in past work. These areas which will also be the focus of prospection and geological mapping to begin to understand the relationships between gold mineralization and the high resistivity anomalies. The ground VLF-EM and airborne surveys completed on the property in 2021 identified strong conductors which have been interpreted to be related to major shear zones which traverse the property. An area in the southern part of the property where at least three apparent shear zones coalesce will be the focus of intense prospecting, sampling, and mapping. Tillkännagivande • Mar 31
Advance United Holdings Inc. (CNSX : AUHI) signed a Letter of Intent and Preliminary Term Sheet Agreement to acquire Jumping Josephine Property from Orex Minerals Inc. (TSXV : REX) Advance United Holdings Inc. (CNSX : AUHI) signed a Letter of Intent and Preliminary Term Sheet Agreement to acquire Jumping Josephine Property from Orex Minerals Inc. (TSXV : REX) on March 30, 2022. Advance United Holdings Inc. will perform the necessary due diligence on the Project for the purpose of entering into a Definitive Agreement and transaction with Orex to acquire the Project, the form of which transaction will be subject to negotiation and agreement. Tillkännagivande • Jan 28
Advance United Holdings Inc. Appoints Kevin Glendenning as the New Chief Technology Officer Advance United Holdings Inc. announced the appointment of Kevin Glendenning as the Company’s new Chief Technology Officer. In this new role, Mr. Glendenning will lead the technology operations for Advance United’s Marketplace, a digital platform connecting property owners of mineral commodities and deposits with developers and producers. The appointment follows a recent investment from a private equity firm and long-time investors to help drive innovation and expansion. Prior to his role as the CTO at Advance United, Mr. Glendenning served as the company's technology consultant, overseeing the launch of the AU Marketplace Beta platform. Tillkännagivande • Dec 23
Advance United Holdings Inc. announced that it has received CAD 0.3 million in funding Advance United Holdings Inc. announced a non-brokered private placement of up to 400,000 common shares at an issue price of CAD 0.75 per share for gross proceeds of up to CAD 300,000 on December 22, 2021. All securities issued pursuant to the transaction will be subject to a hold period of four months plus a day from the date of issuance. Tillkännagivande • Dec 16
Advance United Holdings Inc. announced that it has received CAD 2.150025 million in funding On December 15, 2021, Advance United Holdings Inc. closed the transaction. The company amended the terms of the transaction and issued 2,866,700 flow-through common shares at a price of CAD 0.75 per flow-through share for aggregate gross proceeds of CAD 2,150,025. In connection with the transaction, the company paid certain eligible finders, a cash commissions in the aggregate of CAD 120,001.55 and issued the finders an aggregate of 172,001 compensation warrants with each broker warrant entitles the holder thereof to acquire one common share in the capital of the company at a price of CAD 0.75 per common share for a period of two years from the closing date. All securities issued pursuant to the transaction will be subject to a hold period of four months plus a day from the date of issuance. Tillkännagivande • Nov 24
Advance United Holdings Inc. announced that it expects to receive CAD 1.5 million in funding Advance United Holdings Inc. announced a non-brokered private placement of up to 1,000,000 Flow-Through Shares at an issue price of CAD 1.50 per share for gross proceeds of up to CAD 1,500,000 on November 23, 2021. All securities issued pursuant to the transaction will be subject to a hold period of four months plus a day from the date of issuance. The closing of the transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. Tillkännagivande • Sep 25
Advance United Holdings Inc. Initiatives Compilation Report on Doyle Property Advance United Holdings Inc. announced the Company has engaged Orix Geoscience to complete a Compilation Report of all assets on the Company's Doyle Property. The Company recently acquired TriOrigin Exploration's (now NewOrigin Gold Corp.) previous work products on the Doyle Property in the Batchawana Greenstone Belt in Northern Ontario, Canada which further exemplifies the value of the Company's business model to acquire and re-work data to modern standards and increase value. The historic work includes previously completed field work, which comprises detailed drill logs for thirty-seven (37) drill holes, Induced Polarization (IP) surveys, geological mapping and sampling. The most significant and recent exploration on the Doyle Property was carried out by Tri-Origin Exploration which included drilling programs from 1990 to 1995. These programs are deemed significant, and their geological observations support deposit model types being sought. The focus of the Tri-Origin work was on a model of similarity of the Doyle Property geology and mineralization to the Hemlo Depositi, which has produced over 21 million ounces of gold according to information published on Barrick Gold's website. Tri-Origin completed geological, geophysical, and geochemical programs and drilled a total of 37 drill holes for 8,053 m. Anomalous gold values were intersected in numerous drill holes and visible gold was observed in two holes. Drill hole T94-22 intersected 49.58 g/t gold over one meter and drill hole T95-34 intersected 17.49 g/t gold over one meter. Orix Geoscience Ltd., of Toronto, Ontario has been contracted to complete the Compilation Report of historic documents and integration of recent 2021 work program using modern software and modelling techniques. Modeling of the controls of gold mineralization and its relation to known geological and geophysical anomalies will assist in the preparation of effective and efficient work programs on the property. Tillkännagivande • Aug 26
Advance United Holdings Inc. Reports Results of the Airborne Geophysical Surveys Completed on its Doyle Property in the Batchewana Area of Ontario Advance United Holdings Inc. reported the results of the airborne geophysical surveys completed on its Doyle Property located in the Batchewana area of Ontario. The airborne geophysical survey, comprising VLE-EM and Magnetics, was completed on the Doyle Property by Terraquest Airborne Geophysics Ltd. of Toronto, Ontario. The resulting data was interpreted and reported by independent senior geophysical consultant Mr. Jeremy Brett, P. Geo. The data collected by Terraquest was found to be of excellent quality and Mr. Brett was able to complete detailed interpretation of the resulting data. To facilitate the interpretation, government aeromagnetic data was also obtained, as was detailed elevation data from the SRTM Digital Elevation Model. The interpretation report identified structural and geologic controls on gold mineralization on the Doyle Property, which can be utilized to focus and direct further exploration of the property. The results of the interpretation indicates that there are at least two directions of structures on the Doyle Property which trend NNW-SSE and NW-SE with a dihedral angle of approximately 20 to 40 degrees between them. These can be identified on the regional scale and on the property scale. The shallow angle of intersection of the two main structural trends had been cited in the past as a favorable area for gold mineralization and concentration, and the curvilinear nature of the structures suggest they wrap around the Grey Owl Lake Pluton. Interpretation of the VLF-EM data shows a resistivity high which is associated with the main gold occurrences found on surface which may be related to possible alteration by silica (quartz). In addition, the two divergent structural trends can be seen. Note that the known gold occurrences are associated with the edge of the high resistivity areas. These associations may indicate further areas of potential for gold mineralization on the Doyle Property. The VLF EM anomalies also follow the general structural trends. It is noted that the main gold mineralization discovered to date lie along VLF-EM anomalies pointing to the potential for other discoveries along these trends. 