Tillkännagivande • May 16
Nobel Resources Corp. Provides Update On Pampa Austral Drilling And Cuprita Project Nobel Resources Corp. announced that diamond drilling has commenced on its Pampa Austral property. Two drill holes are planned initially to evaluate an area where historical reverse circulation drilling is reported to have intersected 70 meters grading 0.70% copper, including 14 meters grading 2.1% copper and 0.1 g/t gold (drilling reported in news release by Farwest Mining in 2004). The mineralized hole occurs adjacent to an Induced Polarization (IP) chargeability anomaly based on surveying conducted by the optionor of Pampa Austral subsequent to the Farwest drilling. This IP anomaly also is expected to be tested by the Company during its drilling campaign. At the Cuprita project, Quantec Geophysics is conducting an extensive induced polarization survey. The survey is approximately 75% complete. Preliminary results show a chargeability anomaly extending to the south and west under the lithocap that was the target of the initial drill program. The Photosat high resolution satellite imagery survey has also been completed recently. Results confirm that alteration mineral assemblages characteristic of mineralized porphyry systems in the area occur associated with the extensive lithocap at Cuprita. Sampling is conducted in a manner designed to allow appropriate averaging and statistical analysis of the data for exploration evaluation and potential future resource estimation. Industry-standard QA/QC procedures are implemented throughout the sampling and analytical process, including the systematic insertion of certified reference materials, blanks and duplicate samples to monitor laboratory performance and analytical accuracy. Drill core samples are typically collected over intervals ranging from 1 to 2 metres, depending on geological boundaries. Shorter sample intervals are avoided whenever possible to maintain consistency and representativity of the sampled material. Prior to sampling, the drill core is geologically logged and photographed to create a high-resolution photographic record. Core samples are then split along the core axis using an electric rock saw by trained company technicians. One half of the core is sent for analysis while the remaining half is retained on site for reference and verification. As part of the QA/QC program, one certified reference standard is inserted every 20 core samples. Additionally, one coarse blank, one fine blank and one internal duplicate sample are inserted approximately every 50 core samples to monitor contamination, analytical precision and laboratory performance. To ensure sample security and compliance with NI 43-101 chain-of-custody standards, samples are placed in sealed rice bags with numbered security tags at the project site. Samples are then transported by company personnel via truck to the analytical laboratory. Custody and transfer of the samples always remain under the responsibility of company personnel. Sample preparation and analytical work are carried out by Andes Analytical Assays, an independent certified laboratory. The scientific and technical information in this news release has been reviewed and approved by Mr. David Gower, P.Geo., as defined by National Instrument 43-101 of the Canadian Securities Administrators. Mr. Gower is a consultant of Nobel and is not considered independent of the Company. Tillkännagivande • Apr 26
Nobel Resources Corp. Announces CEO Changes Nobel Resources Corp. announced that Larry Guy, interim Chief Executive Officer have resigned from the role, effective April 23, 2026. Mr. Guy will be replaced as Chief Executive Officer by Vernon Arseneau, Nobel’s Chief Operating Officer. Tillkännagivande • Apr 25
Nobel Resources Corp. Announces Management Changes, Effective April 23, 2026 Nobel Resources Corp. announced that Larry Guy, interim Chief Executive Officer and director of Nobel, and Damian Lopez, Nobel’s corporate secretary, have resigned from their roles, effective immediately. Mr. Guy will be replaced as Chief Executive Officer by Vernon Arseneau, Nobel’s Chief Operating Officer, and Mr. Lopez will be replaced as Corporate Secretary by Wanda Roque. Ms. Roque is an experienced law clerk in Ontario and has served as corporate secretary to a number of public companies since 2007. The company has also appointed Denis Archambault to its board of directors, effective immediately. Mr. Archambault holds a Bachelor of Business (Finance) from the University of Ottawa and previously held for 25 years, a multitude of professional designations in the Real Estate and Finance Industry, (CRF, ACoM, Fri) granted by the Real Estate Institute of Canada REIC and Institute of Real Estate Management IREM. Mr. Archambault currently serves on the Finance and Investment Committee of two pension funds and also serves on the board of directors of a publicly traded tech company based in Ottawa. He also currently serves on the board of a privately held hotel and multi-use property in Miami, Florida. New Risk • Apr 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €7.74m (US$9.08m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (30% average weekly change). Negative equity (-CA$375k). Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€7.74m market cap, or US$9.08m). Tillkännagivande • Mar 10
Nobel Resources Corp Identifies New Mineralized Porphyry Copper System At Cuprita Project in Chile Nobel Resources Corp. has identified a new mineralized, copper porphyry system at its Cuprita project in northern Chile. Nobel is conducting the first ever diamond drill program on this highly prospective project. Exploration surveys over the past year by Nobel’s Chilean technical team identified key geological and geophysical characteristics, typically associated with mineralized porphyry copper systems in this region and commenced a diamond drill campaign in January. The fourth drill hole in the Company’s drill program (CUP004) has intersected more than 100 meters of copper-bearing, mineralized porphyry. Assays are pending for all of the drilling to date and will be disclosed by the Company when received. It is not expected that the entire interval will be of commercially exploitable grade, however, porphyry systems are large targets and the technical results this early in the program are highly encouraging. Drill hole CUP 003 was the first hole that appeared to clip the edge of the system and intercepted weakly mineralized porphyry but provided important vectors based on the alteration observed in the hole. From 218 meters depth in drill hole CUP004, there is a marked increase in tourmaline veins and the rock transitions into an intrusive breccia with porphyry clasts. Copper values measured by XRF (X-ray flouresence) (Olympus INNOV-X Delta Premium XRF Analyzer) increase locally, copper values up to 1,700 ppm were measured using a portable XRF within the breccia. The XRF Analyzer is calibrated once for the altitude at which it will be operated, which is valid until it moves to a different project. A second calibration is completed each time the machine is activated by taking a reading of the Authentic Olympus Delta 316 Standardization Coin, check sample (supplied with the equipment). This calibration takes 60 seconds. Portable XRF measurements are not as accurate as assays, they are point-source measurements on a portion of whole drill core. The values are accurate for the point measured but do not represent an average grade. It is an important field tool for estimating grade to assist with drill hole planning but should not be considered representative of the overall intercept. From 285.5 m to 382 m, there is a sulfide-rich interval, characterized by an increasing density of quartz-sulfide veins, with disseminated pyrite ± chalcopyrite and locally bornite. Alteration in this zone is primarily sericite-chlorite, with moderate to strong intensity. Copper values measured using portable XRF reached up to 2.9% Copper in chrysocolla-bearing veinlets and 2.6% Cu in pyrite-chalcopyrite veinlets. The decrease in generalized oxidation and the appearance of primary sulfides suggest a transition from lithocap conditions to a mineralized domain. From 382 to 408.8 meters there is a post mineralization dike which is barren of sulfide minerals. Below the dike weakly mineralized porphyry was intercepted and the hole stopped at 460.6 meters depth. The Company’s drill program is targeting an area centered around an extensive lithocap that was identified by Nobel geologists by surface mapping on the property during 2025. The lithocap is interpreted to have developed above a porphyry related hydrothermal system. The presence of a lithocap is a key signature of mineralized porphyries in this region. At Cuprita, it is characterized by strongly silicified rock forming a resistant silica-rich matrix with abundant cavities due to leaching of minerals and pyrite boxwork textures. The lithocap is oriented along a well-defined structural corridor trending approximately N10°–20°E, and has been mapped over an area of at least 1,000 m in length and 300 m in width defining a prominent alteration zone interpreted to overlie a large porphyry system. Access road construction for the drill program has created new outcrop exposures of the lithocap beyond these dimensions so the actual extent is not known but possibly extends over 2 km X 1km under overburden cover. The lithocap is located within a broader soil anomaly zone defined by Cu values above 200 ppm reaching a maximum of 9,000 ppm Cu in soils. Tillkännagivande • Jan 30
Nobel Resources Corp. announced that it has received CAD 0.25 million in funding On January 29, 2026, Nobel Resources Corp. closed the transaction. In connection with the offering, the company paid cash finder’s fees of CAD 6,300 and issued 105,000 finder’s warrants (the “finder warrants”) to eligible finders. Each finder warrant entitles the holder to acquire one common share at a price of CAD 0.06 for a period of 24 months following the date hereof. the offering remains subject to the final approval of the TSX venture exchange. Tillkännagivande • Jan 22
Nobel Resources Corp. announced that it has received CAD 5 million in funding On January 22, 2026, Nobel Resources Corp. closed the transaction. The company issued 43,300,000 units at a price of CAD 0.05 per Unit for gross proceeds of CAD 2,165,000 in its final tranche. In connection with the Offering, the Company paid cash finder’s fees of CAD 186,450 and issued 3,729,000 finder’s warrants to eligible finders. Each Finder Warrant entitles the holder to acquire one Common Share at a price of CAD 0.05 for a period of 24 months following the date hereof. The Offering remains subject to the final approval of the TSX Venture Exchange. Tillkännagivande • Jan 16
Nobel Resources Corp. Announces Diamond Drilling Commences at Cuprita Copper Project, Chile Nobel Resources Corp. announced diamond drilling has commenced at the Cuprita copper project, Chile ("Cuprita" or the "Project"). Nobel is conducting the first ever diamond drill program on this highly prospective Project. Exploration surveys over the past year by Nobel's Chilean technical team indicate the Project features key geological and geophysical characteristics that are associated with mineralized porphyry copper systems in this region: Located within the Paleocene porphyry copper belt; W widespread copper mineralization in outcrops (including small scale mines) and extensive copper geochemistry anomalies; Presence of an extensive leach cap, commonly associated with porphyry copper deposits in this region; Extensive development of tourmaline breccia zones, a common pathfinder for porphyry copper projects in the region; IP anomalies and magnetic lows associated with the target area, similar to low-pyrite porphyry copper deposits in the region; A structural setting similar to major deposits, including El Salvador, Cerro Colorado, Spence, Sierra Gorda and Fortuna - northeast structural corridor crosscut by northwest secondary faults. Tillkännagivande • Jan 10
Nobel Resources Corp. announced that it expects to receive CAD 0.25 million in funding Nobel Resources Corp. announces a non-brokered private placement to issue 4,166,667 units at a price of CAD 0.06 per unit for gross proceeds of CAD 250,000.02 on January 9, 2026. Each Unit shall consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant shall entitle the holder to purchase one Share at a price of CAD 0.075 for a period of 24 months. The Offering is expected to close on or before January 29, 2026 and is subject to the approval of the TSX Venture Exchange. Tillkännagivande • Jan 07
Nobel Resources Corp. Announces Commencement of Mobilization by the Company's Diamond Drill Contractor to the Cuprita Copper Project Nobel Resources Corp. announced commencement of mobilization by the Company's diamond drill contractor to the Cuprita copper project and drilling will commence during the week of January 12th. All necessary permits for this initial drilling at Cuprita have been received from the local authorities. Cuprita is a highly prospective copper porphyry project in the Atacama region of northern Chile. Cuprita is part of the Metallogenic Paleocene Porphyry Copper Belt that hosts several major porphyry copper deposits such as El Salvador, Cerro Colorado, Spence, Sierra Gorda, Fortuna, as well as several gold deposits. The Projectits on a very important north-northeast trending major structural corridor crosscut by a Northwest trending secondary structure. This structural setting is almost identical to the structural setting of the world class Spence, Sierra Gorda and El Salvador porphyry deposits to the north. Nobel geologists have identified multiple key geologic characteristics consistent with a potentially buried porphyry. The RSUs will vest annually in equal installments over a three-year period beginning on the one-year anniversary of the grant date. New Risk • Dec 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (43% average weekly change). Negative equity (-CA$375k). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.41m market cap, or US$4.00m). Tillkännagivande • Dec 18
Nobel Resources Corp. announced that it has received CAD 2.835 million in funding On December 17, 2025, Nobel Resources Corp. closed the transaction. It has issued 4,250,000 units at a price of CAD 0.05 per Unit for aggregate gross proceeds of CAD 212,500 under its final and second tranche. In connection with the LIFE Offering, the Agents received an aggregate cash fee equal to CAD 14,875. Tillkännagivande • Oct 22
Nobel Resources Corp. Receives Diamond Drill Permits for Cuprita Project, Antofagasta Region, Chile Nobel Resources Corp. announced all necessary permits have been received to commence drilling at Cuprita (the "Project") as early as November. This will be the first ever drill campaign at Cuprita. A notice was filed by the Company with the Copiapo office of Servicio Nacional de Geologia y Minera (SERNAGEOMIN) during the week of Oct 12th. The Company intends to move quickly and drill the highly perspective Cuprita project. The first phase of drilling on Cuprita is expected to include diamond drill holes drilled from eight initial platforms, additional platforms will be added based on results. Curprita is a highly prospective copper porphyry project in the Atacama region of northern Chile. Cuprita is part of the Metallogenic Paleocene Porphyry Copper Belt that hosts several major porphyry copper deposits such as El Salvador, Cerro Colorado, Spence, Sierra Gorda, Fortuna, as well as several gold deposits. The presence of copper oxides, quartz veins and re permanent sulfides indicates potential for mineralization under the leach cap, which fits the classic geological model for the region. Geological mapping has also identified a large area of tourmaline breccias covering much of the target, also considered an additional favorable pathfinder, characteristic of productive porphyry systems. Tillkännagivande • Oct 13
Nobel Resources Corp., Annual General Meeting, Dec 16, 2025 Nobel Resources Corp., Annual General Meeting, Dec 16, 2025. Tillkännagivande • Jul 08
Nobel Resources Corp. Announces Additional Results At the Cuprita Project, Atacama Region, Chile Nobel Resources Corp. provided an update on its ongoing exploration at the Cuprita Project in Atacama Region, Chile. Following the recent identification by Nobel geologists of a leach cap with characteristics strongly associated with porphyry copper-(gold) deposits in the region at Cuprita, including associated highly anomalous copper in soils and bedrock, the Company has additionally confirmed: the existence of an IP chargeability and resistivity anomaly typical of porphyry copper deposits in the region; and the presence of highly anomalous copper chip samples from outcrops associated with the leach cap. The geological features being identified by Nobel field work at Cuprita demonstrates the Project is highly prospective. Tillkännagivande • Jun 25
Nobel Resources Corp. Provides Update on Cuprita Project, Atacama Region, Chile Nobel Resources Corp. provided an update on progress at its Cuprita Project in Atacama Region, Chile. Nobel geologists have identified a leach cap at Cuprita with an associated copper, lead and zinc anomaly in soils. The leach cap and soil anomaly are located adjacent to a ground magnetic low and are situated near the intersection of a major north-northeast striking fault structure with numerous northwest striking quartz veins with copper oxides. Intersecting major faults is a common, if not essential, structural control for the emplacement of copper-gold porphyries in the region. The presence of strongly anomalous copper in soil on the flanks of the leach cap is an important positive indicator supporting the potential for a mineralized porphyry deposit at the Cuprita project. The highest copper in soils values identified to date occur southeast of the outcropping leach cap. Much of the soil anomaly exhibits soil values more 300% above the expected background levels of the area. The leach cap identified by Nobel geologists exhibits classic hydrothermal alteration similar to that found above a buried porphyry. The presence of copper oxides, quartz veins and re permanent sulfides indicates potential for mineralization under the leach cap, which fits the classic geological model for the region. Geological mapping has also identified a large area of tourmaline breccias covering much of the target, also considered an additional favorable pathfinder, characteristic of productive porphyry systems. Geologically, Cuprita is part of the Metallogenic Paleocene Porphyry Copper Belt that hosts several major porphyry copper deposits, such as El Salvador, Cerro Colorado, Spence, Sierra Gorda, Fortuna, as well as several gold deposits. Recent field work at Cuprita has evaluated the project in the regional context and has focused the targeting for forthcoming drill programs. New Risk • Nov 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 33% 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 Shares are highly illiquid. Negative equity (-CA$1.0m). Revenue is less than US$1m. Market cap is less than US$10m (€2.76m market cap, or US$2.92m). Minor Risk Shareholders have been diluted in the past year (33% increase in shares outstanding). Tillkännagivande • Sep 17
Nobel Resources Corp., Annual General Meeting, Nov 15, 2024 Nobel Resources Corp., Annual General Meeting, Nov 15, 2024. Location: ontario, toronto Canada Tillkännagivande • Aug 30
Nobel Resources Corp. announced that it expects to receive CAD 0.8 million in funding Nobel Resources Corp. announced a non-brokered private placement to issue 16,000,000 Units at issue price of CAD 0.05 per Unit for gross proceeds of up to CAD 800,000 on August 29, 2024. Each Unit will be comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share at an exercise price of CAD 0.10 per Common Share for a period of 36 months following the completion of the Offering. Securities issued under the Offering are expected to carry a holder period of 4 months and one day from the date of issue as may be required under applicable securities laws. The Offering is scheduled to close on or about September 18, 2024 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. Board Change • Nov 02
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. COO & Director Vern Arseneau is the most experienced director on the board, commencing their role in 2021. 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 • Oct 12
Nobel Resources Corp. Approves the Election of New Independent Director, Patrizia Ferrarese Nobel Resources Corp. announced that at its AGM held on October 10, 2023, shareholders approved the election of new independent director, Patrizia Ferrarese. The new director will hold office for the upcoming year. Board Change • Sep 25
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). COO & Director Vern Arseneau is the most experienced director on the board, commencing their role in 2021. Independent Director Paul Pint was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Jun 22
Nobel Resources Corp. Provides Update on the Pircas Verdes Copper Project, Chile Nobel Resources Corp. provided the update with respect to its Pircas Verdes Project in Chile. The Company, through its wholly owned Chilean subsidiary, has entered into a definitive option agreement to acquire a 100% interest in the Pircas Verdes project. The Project is located 20 kilometers west of the giant Pelambres-El Pachón porphyry systems. A number of other copper porphyry and porphyry skarn deposits are located near Pircas Verdes. The Company has completed surface mapping and sampling over the previously identified alteration /mineralized areas on the property. During this period, Company personnel also collected a total of 23 samples from various phases of intrusive rocks associated with alteration and mineralization in order to identify and classify the different intrusive phases on how they could represent components of porphyry copper systems similar to the large mines in the area. Eight samples have been collected for radiometric age dating from a selection of quartz porphyry, diorites and dacite porphyry outcrops on the Project and sent to Brazil for radiometric age dating of the intrusive rocks. The age of the mineralized intrusives from the world class Pelambres and El Pachón porphyry deposits, as well as other deposits that have been mined in the area, is Miocene-Pliocene. Demonstrating that the rocks at Pircas Verdes are of a similar age to Pelambres and other deposits mined in the region is considered an important indicator for potentially significant mineralization and greatly enhances the prospectivity of the Project. Older intrusive rocks from the Cretaceous age that generally do not host economic copper deposits are also present in the region and additional planned work will depend in part on the results of the pending age determination of the intrusive rocks. Results of this analysis are expected near the end of July 2023. Due to customs restrictions in Chile related to exportation of mineral samples, the samples were prepared in Chile to separate zircons from the rocks prior to sending to the laboratory in Brazil. Sample preparation in Chile was done by JV Circones y Minerales SpA (independent of the Company) and the samples were then sent to Laboratorio de Geocronologia U-Pb de la Universidad de São Paulo (independent of the Company) for processing and definition of the date of the intrusives from Pircas Verdes. In addition to the on-going work at Pircas Verde, Company personnel continues to evaluate copper prospects, primarily in Chile and Peru, for potential acquisition and to create value for shareholders. The Company has reviewed and completed due diligence on approximately twenty prospects at various stages of exploration during the past field season and the process continues to identify interesting projects for the Company. Recently, the Company has expanded the search to consider projects outside of the Andes region as well. The Pircas Verdes project is situated within a highly productive copper producing district, close to a number of very large porphyry copper - molybdenum deposits. Within the property, the key geological features that typically indicate potential for porphyry copper related mineralization have been identified by Nobel’s team. Piton is a leached intrusive with anomalous copper values in rock chip samples that covers an area of 1,500m by 800m (sampling information provided by the vendor and observed in outcrop). Piton is interpreted as possibly representing the upper levels of a buried mineralized porphyry system. The Pircas Verdes prospect area contains intense quartz-sulfide stockwork exposed over an area of approximately 450m by 600m peripheral to the Piton leached intrusive. Other exploration targets peripheral to the main Pircas Verde-Piton hydrothermal center (Vetarron, Marcelino and West) include quartz-tourmaline breccias and veinlets associated with copper oxides and sulphides. Such veins are commonly associated with copper porphyry systems in Chile. No drilling or geophysical surveys have been completed over the property. The Pircas Verdes property covers a total of 2,015 hectares located in the eastern part of Chile’s fourth region of Coquimbo. It is some 20km west of the cluster formed by Antofagasta Minerals’ Pelambres mine (2,125 million tonnes grading 0.64% Cu /180ppm Mo) and their similar size Fortuna Project currently under development, and Glencore’s Pachon deposit (3,300 million tonnes grading 0.47% Cu) (Sources: corporate disclosures by Antofagasta Minerals and Glencore). Other copper projects near Pircas Verde include the Llamuco Mine and the Buenaventura Project. The Pircas Verdes Project district shows numerous areas with intense hyperspectral color anomalies corresponding to areas with argillic and phyllic alteration surrounded by propylitic alteration in the volcaniclastic host rocks related to the porphyry mineralization in the region. At the Pircas Verdes project, similar features have been observed: a complex intrusive stock with multi-pulses and phases is recognized ranging from felsic, aplitic, andesitic and dioritic porphyries, together with greater granodioritic and tonalitic intrusive rocks that intrude into the volcanoclastic sequence of the Viñitas Formation. These are associated with zones of alteration and color anomalies associated with structural breaks and structural controls oriented NNW, NS and ENE typical for deposits in the area. The Pircas Verdes Project has a number of hydrothermal alteration zones identified in outcrop that indicate the prospective attractiveness of the area. Board Change • May 26
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). COO & Director Vern Arseneau is the most experienced director on the board, commencing their role in 2021. Independent Director Paul Pint was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Nov 21
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Jeff Glass is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Oct 12
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Jeff Glass is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 30
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Jeff Glass is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 