New Risk • Jul 30
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$310k 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$310k free cash flow). Earnings have declined by 8.5% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$6.88m market cap, or US$4.99m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). Tillkännagivande • Jul 09
Vertical Exploration Inc., Annual General Meeting, Sep 18, 2025 Vertical Exploration Inc., Annual General Meeting, Sep 18, 2025. Location: british columbia, vancouver Canada Tillkännagivande • May 01
Vertical Exploration Inc. announced that it has received CAD 0.3 million in funding On April 30, 2025, Vertical Exploration Inc., closed the transaction. As a part of the transaction, the company paid CAD 24,000 and issued 480,000 non-transferable common share purchase warrants. Tillkännagivande • Apr 25
Vertical Exploration Inc. announced that it expects to receive CAD 0.3 million in funding Vertical Exploration Inc. announced a non-brokered private placement that it will issue up to 6,000,000 units of the company at an issue price of CAD 0.05 per unit for the gross proceeds of up to CAD 300,000 on April 24, 2025. Each unit will comprise one common share and one transferable common share purchase warrant of the company. Each warrant will entitle the subscriber to purchase one warrant share for a 24-month period after the closing date at an exercise price of CAD 0.10 per share. Finders' fees may be payable on the private placement, subject to the policies of the TSX-V. This offering is subject to TSX-V acceptance. Tillkännagivande • Dec 18
Vertical Exploration Inc. Receives Canadian Food Inspection Agency (CFIA) Certification Vertical Exploration Inc. announced it has received a new five-year permit for its branded Global Wollastonite Agricultural Calcium Silicate product that is produced at the Company's St-Onge quarry in Quebec the St-Onge wollastonitequarry. All fertilizers and supplements sold or imported into Canada are regulated under the Federal Fertilizers Act and regulations. Pursuant to these Regulations, the products must be determined to be safe with respect to plant, animal, human health and the environment, and properly labelled to ensure safe and appropriate use. Vertical is pleased and proud to have its Global Wollastonite product meet the stringent Federal Fertilizers Act regulations. Along with the Company's prestigious OMRI and Ecocert organic certifications, this CFIA Fertilizers Act approval now creates significant opportunities for Vertical to generate growing revenue and positive cash flow from its St-Onge wollastite deposit in the first half of 2025, and it also accelerates the Company's plans to aggressively pursue domestic and international partnerships and joint ventures. With this key CFIA FertilizersAct approval now in place, Vertical anticipates providing further updates to its shareholders regarding its enhanced business and agricultural market opportunities in the near-term. Tillkännagivande • Jul 22
Vertical Exploration Inc., Annual General Meeting, Sep 19, 2024 Vertical Exploration Inc., Annual General Meeting, Sep 19, 2024. Location: british columbia, vancouver Canada New Risk • Jun 28
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$858k 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$858k free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.14m market cap, or US$3.76m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Tillkännagivande • Dec 12
Vertical Exploration Inc. announced that it expects to receive CAD 0.473 million in funding Vertical Exploration Inc. announced a non-brokered private placement of up to 9,460,000 units at a price of CAD 0.05 per unit for aggregate gross proceeds of CAD 473,000 on December 11, 2023. Each Unit will be comprised of one common share and one transferable common share purchase warrant. Each Warrant will entitle the Subscriber to purchase one Warrant Share for an 18 month period after the Closing Date at an exercise price of CAD 0.10 per share. The warrants are subject to an acceleration clause, in the event that the trading price of the Shares on the Toronto Stock Exchange, Venture Market reaches CAD 0.25 or more for a period of ten consecutive trading days. Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange. This offering is subject to TSX Venture Exchange acceptance. New Risk • Oct 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). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$11.0m market cap, or US$7.93m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Tillkännagivande • Oct 25
Vertical Exploration Inc. Receives Ecocert Approval for its Global Wollastonite to Be Used for Organic Agricultural Production in Canada Vertical Exploration Inc. reported that it has received organic certification approval from Ecocert Canada for its Global Wollastonite Agricultural Calcium Silicate product that is produced at the Company's St-Onge quarry in Quebec. Ecocert Canada has confirmed after inspection that Vertical's Global Wollastonite agricultural Calcium Silicate product is now an input approved for organic agriculture, and that it is compliant with CAN/CGSB-32.310 and CAN/CGSB- 32.311 (c categories which include substances that may be used for organic crop production as soil amendments). The review process for Vertical and other companies applying to be Ecocert approved is rigorous and must be renewed each year. Ecocert Canada, a subsidiary of the Ecocert group, has and continues to assist stakeholders in the implementation and promotion of sustainable practices through certification, consulting and training services. Committed for over 25 years to organic agriculture with Garantie Bio, Ecocert has become the benchmark for organic certification in Canada. With more than 100 employees and its 4 offices across the country, Ecocert Canada offers first-rate service in French and English to many sectors. Furthermore, the certifications issued by Ecocert guarantee and highlight the best environmentally friendly and socially conscious practices. The Ecocert approval now marks the second significant prestigious organic standards approval that Vertical has received for its Global Wollastonites Agricultural Calcium Silicate product this year, following the approval from the Organic Materials Review Institute (OMRI) for both USA and Canada in three class the past March. The Ecocert and OMRI Canada/USA organic approvals and listings together create new and exciting opportunities for Vertical to pursue, including a broader range of domestic and international partnerships, joint ventures and revenue opportunities for its premium Global Wollastonite product. Vertical continues to recognize that sustainable organic food and goods are becoming more important each year, and with the global organic fertilizers market projected to reach USD 27.48 billion by 2030 and growing at a compound annual growth rate of 11.31% from 2023 to 2030, more companies involved in agricultural production are seeking organic certification in order to meet the fast-growing consumer demand. Being both Ecocert and OMRI approved and listed is critical for both farmers and organic producers as it eliminates questions surrounding inputs such as Vertical's Global Wollastonites and whether they meet the principles of organic production. Organic farmers and agricultural companies across Quebec, and throughout Canada and the USA, can now use Vertical's Global Wollastonsite Agricultural Calcium Silicate product and be in full compliance with organic standards. Vertical anticipates that this important Ecocert organic certification will lead to new opportunities in the upcoming months and year for its Global Wollastonsite, and it plans to pursue these opportunities with vigour and keep shareholders updated in this regard. Tillkännagivande • Sep 21
Vertical Exploration in Discussions with Major European Firm for the Development of Industrial Products for its St-Onge Wollastonite Vertical Exploration Inc. provided an update on its recent activities related to the further development of the Company's premium grade St-Onge wollastonite deposit located near Lac-Saint-Jean, Quebec. Vertical has been approached over the summer by a large European firm interested in developing and testing out the Company's premium wollastonite for use in a number of innovative markets, including the development of value-added products for niche industrial applications. Vertical and the major European firm have been working diligently together on a series of methodologies and protocols to test out and fine tune the potential industrial products intended for European and other international markets. Further discussions and collaboration with the European firm related to the development of the specific industrial products are continuing, and Vertical is pleased with the progress made to date. The opportunity exists for this current collaboration with the European firm to develop into a potential partnership or offtake agreement in the future. Vertical intends to provide further updates as this important collaboration progresses. In addition, Vertical reported that its ongoing Research and Cooperation Alliance with Mineraux Mart Inc. related to the research, development and testing of innovative products for the Company's St-Onge wollastonite is progressing well. Vertical initially delivered a 29-tonne shipment of its premium wollastonite to Mineraux Mart in early summer for initial testing, and Mineraux Mart is now continuing to sample and further test the St-Onge wollastonite in order to develop high-value products and applications for both the industrial and agricultural markets. Mineraux Mart also continues to check-in with Vertical on a regular basis to discuss the product testing results and potential new market opportunities. The Company looks forward to its further work with Mineraux Mart over the upcoming Fall period and will provide further updates on the progress of the Research and Cooperation Alliance. Tillkännagivande • Jul 18
Vertical Exploration Inc., Annual General Meeting, Sep 21, 2023 Vertical Exploration Inc., Annual General Meeting, Sep 21, 2023. New Risk • Jul 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% 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 Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.25m market cap, or US$6.21m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Tillkännagivande • Jul 01
Vertical Exploration Inc. announced that it has received CAD 0.708 million in funding On June 30, 2023, Vertical Exploration Inc. closed the transaction. The company amended the terms of the transaction. The company has issued 14,160,000 units at an issue price of CAD 0.05 per unit for CAD 708,000 in the transaction. The transaction was oversubscribed. Each unit consists of one common share and one transferable common share purchase warrant authorizing the purchase of one additional common share at a price of CAD 0.1 per share until June 30, 2025. In connection with the transaction, the company paid cash finder’s fees to PI Financial Corp. an arm’s length party, totaling CAD 12,100 and issued 240,200 common share purchase warrants. Each finder’s warrant is exercisable into one common share of the company at a price of $0.1 per finder’s warrant share until June 30, 2024. All securities issued under the offering are subject to statutory hold periods expiring on November 1, 2023. The offering remains subject to final acceptance by the TSX Venture Exchange. Board Change • May 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 5 experienced directors. 2 highly experienced directors. President, CEO, Secretary & Director Peter Swistak is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Tillkännagivande • Jan 05
Vertical Exploration Inc. Provides 2022 Exploration Program Summary for Newly Acquired Quebec Wollastonite Property Vertical Exploration Inc. provided a summary of the 2022 Phase 1 exploration program undertaken on its recently acquired MénardPéribonka (Ménard) wollastonite property in Quebec. The 2022 program's objective was to detect and define the presence of marble rock zones that could potentially host wollastonite mineralization. Vertical contracted Magnor Exploration Inc. (Magnor) to conduct and complete the work program on the Menard property between May and September 2022. The Ménard property has an approximate surface area of 2,000 hectares (ha), and is located just north of Lac Saint-Jean in Saguenay, Quebec. The original historical work undertaken on the Ménard property was carried out by Resources Orléans (Orleans) between 1990 and 1992. At that time, Orleans also owned Vertical's St-Onge Wollastonite deposit which is located 26 km east of Ménard property. During the 2022 Phase 1 program, extensive exploration work was carried out on numerous historical wollastonite occurrences that were primarily located in the northern part of the Ménard property. From the 648 sites that were visited on the property during the 2022 program, more than 584 samples were taken for geochemical assay for trace elements and major oxide elements. These assayed samples are from grabbing/prospecting (256 samples), channelling (158 samples, 97.72m) and portable drilling (170 samples). More than 59 samples selected for prospecting contained wollastonite, varying from 5 to 67% wollastonite, and these were from sites located primarily in the northern part of the property. Magnor undertook hand-made trenching to reopen the old trenches and complete the channelling work, and this work confirmed the presence of wollastonite-rich rock bands ranging from 5 to 71% wollastonite over a metre to several meters in width (< 3.3m). The mineralized bands persist laterally for several dozen metres right up to 100 meters in length. Some areas in the northern part of the property were evaluated by 46 small bore (BQ) portable drill holes totaling 77.1 metres. The BQ holes were moderately dipped to intersect foliation and mineralization near a right angle to obtain true thicknesses of intersected mineralized intervals. Twenty of these BQ holes intersected wollastonite mineralization, ranging from 5 to 44% wollastonite over hole lengths ranging from 0.30 metres to 5.08 metres. The wollastonite zones identified during the 2022 program can potentially measure up to a hundred meters in width by several hundred meters in length. However, these zones are not homogeneous, and the wollastonite-bearing marble bands are most often intercalated with barren rock bands and/or crosscut by felsic intrusive dike and plug. Overall, the Company considers the 2022 Menard Phase 1 exploration program to be a success. This is based on the fact that most of the historic wollastonite mineralization results attained by Orléans were confirmed in the field during the 2022 program, and additionally new wollastonite mineralized sites were found both in the northern part and in other parts of the Menard property. Orléans had originally identified a mega wollastonite mineralized zone up to 300 metres wide by 2,000 metres long in the northern part of the property characterized by series of non-continuous outcrops with concentrations ranging from 5 to 40% wollastonite. The 2022 program confirmed this wollastonite mega zone by identifying 18 mineralized zones, of which 14 zones are in the northern block of the property. Tillkännagivande • Sep 09
Vertical Exploration Inc. Provides Phase I Exploration Program Update on Newly Acquired Quebec Wollastonite Properties Vertical Exploration Inc. provided an update on its Phase I exploration program that is currently underway on its recently acquired Quebec wollastonite properties. The Phase I program's objective is to detect and define the presence of sedimentary zones that could potentially host wollastonite mineralization. The Phase I field exploration work on the La Petite Rivière Péribonka and Ménard Wollastonite claims located just north of Lac-Saint-Jean began in May 2022, and the Company is very encouraged by the preliminary results encountered to date by its operations team. Several of the historic wollastonite sites listed in the Quebec government documents have been identified on the Ménard-Péribonka property during the Phase 1 program, with more than 30 wollastonite mineralized occurences having now been found in the property's marble and calcosilicate rocks including new occurrences that have never been recorded in historical works. The exploration and prospecting work undertaken to date on the Ménard-Péribonka property has been achieved utilizing multiple exploration tracking methods on the forested areas and outcroppings, and also on the old forestry roads throughout the property. The wollastonite mineral discoveries realized to date on both the historic wollastonite sites and on the new prospective areas of the property were the subject of extensive hand stripping activities, geological mapping, channel sampling and small scale drilling using a portable drill. Tillkännagivande • Aug 11
Vertical Exploration Appoints Sheldon Inwentash to Advisory Board Vertical Exploration Inc. announced the appointment of Mr. Sheldon Inwentash to its Advisory Board. Mr. Inwentash is the Founder, Chairman and CEO of ThreeD Capital Inc., and he has more than 30 years of in-depth investing experience. Sheldon co-founded Visible Genetics, the first commercial pharmacogenomics company, in 1994 and exited in 2001 to Bayer. Through two decades leading Pinetree Capital, Mr. Inwentash created significant shareholder value through early investments in Queenston Mining (acquired by Osisko Mining Corp. for $550-million), Aurelian Resources (acquired by Kinross for $1.2-billion) and Gold Eagle Mines (acquired by Goldcorp for $1.5-billion) to name a few. Mr. Inwentash obtained his B.Comm from the University of Toronto and is a Chartered Professional Accountant. In 2007, he was an Ontario finalist for the Ernst & Young entrepreneurof the year award. In 2012, Sheldon received an honorary degree, doctor of laws (LL.D) from the University of Toronto for his valuable leadership as an entrepreneur, his philanthropy, and inspirational commitment to making a difference in the lives of children, youth and their families. Tillkännagivande • Aug 06
Vertical Exploration Inc. Appoints Raphael Gaudreault to Its Advisory Board VERTICAL EXPLORATION INC. announced the appointment of Mr. Raphael Gaudreault to its Advisory Board. Mr. Gaudreault is part of the senior management team at Arianne Phosphate Inc. (Arianne), and currently serves as Arianne's Chief Operating Officer. Previous to his role at Arianne, Raphael served as the Mine Optimization Specialist at IAMGOLD Corporation. Mr. Gaudreault graduated from Laval University with a degree in Mining Engineering (2004) and a certificate in Business Administration from MountSaint Vincent University (2005). Throughout his career, Mr. Gaudreault has held operational positions focused primarily on open pit mine development and optimization. Previous to his role at IAMGOLD, Raphael worked on two expansions of ArcelorMittal's Mont-Wright operation. Mr. Gaudreault is a member of the Ordre des Ingnieurs du Qubec and came to Arianne Phosphate Inc. with extensive knowledge of Arianne's Lac Paul phosphate mining project in Quebec, having previously worked at Arianne as its Mining Director. Mr. Gaudreault is also currently acting as a technical advisor for Quebec Iron Ore and is providing consulting services for IAMGOLD's Corporate Office as well as their Westwood and Ct Gold mines. Finally, Raphael is also one of the co-founders and Director of Engineering at Airth.io. Tillkännagivande • Jul 16
Vertical Exploration Inc., Annual General Meeting, Sep 12, 2022 Vertical Exploration Inc., Annual General Meeting, Sep 12, 2022. Tillkännagivande • Jun 29
Vertical Exploration Inc. Appoints David M Blackwood to its Advisory Board VERTICAL EXPLORATION INC. announced the appointment of Mr. David M Blackwood to its Advisory Board. Mr. Blackwood has a strong educational, medical research and business background, with specific business expertise derived from over 15 years of working in the legal medical and recreational cannabis markets. David has pioneered operations in the Colorado, Oregon and Oklahoma markets which has allowed for a unique perspective on industry innovations, growth and strategy. David's experience encompasses the operation of an FDA compliant processing laboratory for the production of dietary supplements, CBD Hemp and THC extracts, as well as operating cannabis production facilities in all of the previously mentioned states. From 87,000 sq ft indoor facilities to light deprivation greenhouses and field production, David has operated at all scales of commercial production. This extensive experience has led to a level of expertise that has allowed David to pursue numerous consulting opportunities within the cannabis and industrial hemp marketplace, building relationships with vendors and distributors across North America. Mr. Blackwood is also a doctoral candidate and is nationally board certified in Integrative Medicine and licensed to practice in the State of Colorado. David's endeavors into the cannabis marketplace have solely been to enhance his understanding of the cultivation and development of the plant, so that with that knowledge and understanding the next evolution in plant-based medicinals may be brought to the forefront of medical science and community well-being. Tillkännagivande • Dec 24
Vertical Exploration Inc. announced that it has received CAD 1.95 million in funding On December 23, 2021, Vertical Exploration Inc. closed the transaction. The company issued 13,000,001 flow through units at a price of CAD 0.15 per unit for gross proceeds of CAD 1,950,000.15. The company paid a finders' fees of CAD 93,000.01 and 620,000 finder’s warrants. Finder’s warrants bear the same terms. The shares and warrants comprising the units are subject to a 4 month hold period expiring April 24, 2022. Tillkännagivande • Dec 22
Vertical Exploration Inc. announced that it expects to receive CAD 1.95 million in funding Vertical Exploration Inc. announced a non-brokered private placement of up to 13,000,000 flow through units at a price of CAD 0.15 per unit for gross proceeds of CAD 1,950,000 on December 21, 2021. Each flow-through unit consists of one common share on flow-through basis and one transferable share purchase warrant. Each warrant will entitles the holder to purchase one warrant share at an exercise price of CAD 0.16 for the first 12 months following the closing of the offering and at a price of CAD 0.25 thereafter per share for a period of 2 year after the closing date on a non-flow-through basis. The company may pay finder's fee pursuant to the transaction, subject to the policies of the TSX Venture Exchange. The transaction is subject to the acceptance of TSX Venture Exchange. Tillkännagivande • Sep 24
Vertical Exploration Inc. Provides Encouraging Initial Sales and Marketing Update Vertical exploration inc. provided an update regarding its highly encouraging initial sales and marketing efforts for the Company's premium-quality St-Onge Wollastonite. Since receiving approval for its St-Onge quarry from the various Ministries' in the Government of Quebec in the past week, Vertical, through its distributor Wollammo Distribution Inc. (Wollammo), has already received initial test marketing orders of the Wollammo packaged product from two large Canadian home improvement and garden retail corporations. The Wollammo product, which consists of 100% St-Onge Wollastonite, is a premium grade natural Wollastonite mineral product that helps to increase plant available silicon, calcium and magnesium in soils and enhance plant stress tolerance, increase yields and improve pest management for a variety of agricultural crops. In addition, Vertical and Wollammo have also received numerous on-line sales orders from a range of home, garden and larger agricultural customers wanting to test out and use the St-Onge based Wollammo product on their fall gardens, crops and greenhouse plants. Tillkännagivande • Sep 20
Vertical Exploration Inc. Receives St-Onge Wollastonite Quarry Permit Approval from the Government of Quebec VERTICAL EXPLORATION INC. reported that, through its operations partner Magnor Exploration Inc., the Company has now received full quarry permitting approval from the Government of Quebec for its St-Onge Wollastonite project located in the Lac-Saint-Jean region of Quebec. Magnor has worked tirelessly with its team and consultants over the past 18 months to secure the Company's official quarry permits from the various Ministries' in the Government of Quebec. The three permits received from the Government of Quebec through Vertical's operations partner Magnor include: a Certificate of Authorization under Section 22 of the Environmental Quality Act from the Quebec Ministry of Environment and Fight against Climate Change (MELCC); a BEX 1809 permit from the Quebec Ministry of Energy and Natural Resources (MERN); and a permit from MERN authorizing the construction of a building on site for the storage of crushed Wollastonite. With the receipt of all quarry permits, Vertical and Magnor are now fully permitted to move forward with quarry operations and production of the St-Onge Wollastonite. The Company and Magnor undertook public consultation on the St-Onge project as required by the Government of Quebec, and received good support overall from the surrounding communities. The Company intends to make the St-Onge project as environmentally sound as possible, including moving forward to fully power its quarry operations through electric power thereby limiting the use of any fossil fuels in production. With the permitting now in place Vertical anticipates completing the final payment instalment of its option agreement with the vendor in the near future, allowing for the Company to secure 100% ownership in the St-Onge project. The vendor retains a 2% Net Smelter Royalty (of which 1% can be purchased by the Company for $1 million), and also retains a $5 per ton royalty for the first 1 million tons and a $1 per ton royalty for the remaining tonnage. Tillkännagivande • May 05
Vertical Exploration Inc. announced that it expects to receive CAD 4.05 million in funding Vertical Exploration Inc. (TSXV:VERT) announced a non-brokered private placement for 27,000,000 shares at a price of CAD 0.15 per share for aggregate gross proceeds of CAD 4.05-million on May 4, 2021. The company may pay Finders' fees on the private placement, subject to the policies of the TSX Venture Exchange. This offering is subject to TSX Venture Exchange acceptance. Is New 90 Day High Low • Mar 06
New 90-day high: CA$0.24 The company is up 717% from its price of CA$0.03 on 04 December 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period. Is New 90 Day High Low • Mar 02
New 90-day high: CA$0.23 The company is up 800% from its price of CA$0.025 on 30 November 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period. Tillkännagivande • Feb 24
Vertical Announces Strong Results from Its 2020 Wollastonite Research and Development Program with Agrinova Vertical Exploration Inc. provide an update regarding the positive results it has received from its 2020 Crop Year research and development program that was conducted by AGRINOVA using wollastonite from the Company's St-Onge deposit. All of the research and testing for the 2020 program was managed and monitored by AGRINOVA, a highly regarded Center for Research and Innovation in Agriculture in Quebec, in an effort to optimize the potential agricultural uses of wollastonite and help improve production methods for farmers and agricultural companies located in Quebec. In its 2020 program report AGRINOVA again reported positive and encouraging results for Vertical's wollastonite related to agricultural applications, similar to past reports it provided to the Company during its 2018 and 2019 research and development work. AGRINOVA again noted that wollastonite has many important potential agricultural benefits including biological pest control, increased crop yields achieved by enhancing plant immunity, and having unique properties that allow it to serve as a natural bedding for odor management and improved animal hygiene. In spring 2020, two experiments were set up to test the application of wollastonite in human food wheat (a grass) and organic soybeans (a legume) at the producer's farm. The full-block devices included four application rates of wollastonite (0, 1.2, 2.5 and 5t /ha), as recommended in the original 2018 study. The results clearly indicate that the application of wollastonite increases yields at prescribed doses the reported increase was 8% in organic wheat and 7% in organic soybeans. Most importantly, AGRINOVA calculated that the financial benefits of applying wollastonite at a rate of 2.5 kg/ha are calculated to be in the order of $125/ha for wheat and $150/ha for soybeans. Additionally, a saving in lime costs linked to the product equivalence of approximately $50/ha was estimated. Tillkännagivande • Feb 18
Vertical Exploration Inc. Provides St-Onge Wollastonite Quarry Permitting Update Vertical Exploration Inc. to provide an update regarding its quarry permitting application to the Government of Quebec for its St-Onge Wollastonite project located in the Lac-Saint-Jean region of Quebec. Vertical's operations partner, Magnor Exploration Inc. (Magnor), has worked closely with its engineering team to prepare all required paperwork for the company's final quarry permit submission under Section 22 of the Environmental Quality Act for a Certificate of Authorization (CA) from the Quebec Ministry of Environment and Fight against Climate Change (MELCC), as well as the final paperwork required for a BEX (Bail d'Exploitation Miniere Permit) from the Quebec Ministry of Energy and Natural Resources (MERN). Tillkännagivande • Jun 28
Vertical Exploration Inc. Auditor Raises 'Going Concern' Doubt Vertical Exploration Inc. filed its Annual on Jun 25, 2020 for the period ending Feb 29, 2020. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Tillkännagivande • Jun 19
Vertical Exploration Inc. announced that it has received CAD 0.664998 million in funding On June 17, 2020, Vertical Exploration Inc. (TSXV:VERT) closed the transaction. The company issued 18,999,929 units for gross proceeds of CAD 664,998. The company paid finder's fees of CAD 8,025.50 and 229,300 warrants in the transaction. All the securities issued in the transaction is subject to hold period of 4 month expiring October 18, 2020. The transaction is is subject to TSX Venture Exchange final approval. 
