None
SEDAR Interim Financial Statements
IMR · Price
[
{
"companyName": "iMetal Resources Inc.",
"reportingPeriodEnd": "2025-11-30",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
"cash": 49573,
"amountsReceivable": 77946,
"prepaids": 329357,
"totalCurrentAssets": 456876,
"explorationAndEvaluationAssets": 6976636,
"equipment": 2470,
"totalNonCurrentAssets": 6979106,
"totalAssets": 7435982,
"accountsPayableAndAccruedLiabilities": 992249,
"dueToRelatedParties": 105400,
"totalCurrentLiabilities": 1097649,
"totalLiabilities": 1097649,
"capitalStock": 52430252,
"shareSubscriptionReceivedInAdvance": 0,
"reserves": 5415146,
"deficit": -51507065,
"totalShareholdersEquity": 6338333,
"cashPerShare": 0.0018,
"workingCapitalPerShare": -0.0236
},
"incomeStatement": {
"consulting": 311091,
"depreciation": 436,
"rent": 9000,
"marketing": 369730,
"officeAndAdministration": 53254,
"propertyInvestigation": 25928,
"professionalFees": 86342,
"shareBasedPayments": 410000,
"transferAgentAndListingFees": 36134,
"travelAndPromotion": 78245,
"lossFromOperations": -1380160,
"amortizationOfFlowThroughPremiumLiability": 0,
"lossAndComprehensiveLoss": -1380160,
"lossPerCommonShareBasicAndDiluted": -0.05,
"weightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted": 27104937
},
"cashFlowStatement": {
"cashFlowsFromOperatingActivities": {
"lossForThePeriod": -1380160,
"itemsNotAffectingCash": {
"depreciation": 436,
"shareBasedPayments": 410000,
"amortizationOfFlowThroughPremiumLiability": -13627
},
"changesInNonCashWorkingCapital": {
"amountsReceivable": -72669,
"prepaids": -255377,
"accountsPayableAndAccruedLiabilities": -101233,
"dueToRelatedParties": -263293
},
"netCashUsedInOperatingActivities": -1662296
},
"cashFlowsFromInvestingActivities": {
"explorationAndEvaluationAssets": -721472,
"netCashUsedInInvestingActivities": -721472
},
"cashFlowsFromFinancingActivities": {
"proceedsFromShareIssuance": 2660785,
"shareIssueCosts": -128442,
"proceedsFromWarrantsExercised": 10000,
"subscriptionsReceivedInAdvance": -266880,
"netCashProvidedByFinancingActivities": 2275463
},
"changeInCashForThePeriod": -108305,
"cashBeginningOfThePeriod": 157878,
"cashEndOfThePeriod": 49573
},
"investmentsAndOtherAssets": [
{
"type": "Mineral Property",
"description": "Gowganda West Property",
"ownershipPercentage": 100,
"value": 4463815,
"notes": "Acquired via option agreement. NSR royalty of 3% with option to buy back 50% for $1,000,000."
},
{
"type": "Mineral Property",
"description": "Ghost Mountain Property",
"ownershipPercentage": 100,
"value": 237605,
"notes": "Acquired via option agreement. NSR royalty of 3% with option to buy back 50% for $1,000,000."
},
{
"type": "Mineral Property",
"description": "Mosher Lake Property",
"ownershipPercentage": 100,
"value": 278875,
"notes": "Acquired via option agreement. NSR royalty of 2% with option to buy back 50% for $1,000,000."
},
{
"type": "Mineral Property",
"description": "Carheil Property",
"ownershipPercentage": 100,
"value": 1959239,
"notes": "Acquired from Skyworld Holdings Limited."
},
{
"type": "Subsidiary",
"description": "Risorse Dei Minerali Naturali S.R.L (RMN)",
"ownershipPercentage": 100,
"value": null,
"notes": "Wholly-owned subsidiary incorporated in Grosseto, Italy."
}
],
"shareStructure": {
"authorizedShares": "unlimited",
"issuedShares": 36196445,
"classesOfShares": ["common shares"],
"warrants": [
{
"number": 36400,
"exercisePrice": 0.7,
"expiryDate": "2025-12-13"
},
{
"number": 4560536,
"exercisePrice": 0.2,
"expiryDate": "2026-12-20"
},
{
"number": 15350800,
"exercisePrice": 0.2,
"expiryDate": "2027-07-15"
},
{
"number": 748356,
"exercisePrice": 0.2,
"expiryDate": "2027-07-15"
},
{
"number": 10720999,
"exercisePrice": 0.2,
"expiryDate": "2027-08-29"
},
{
"number": 550436,
"exercisePrice": 0.2,
"expiryDate": "2027-08-29"
}
],
"options": [
{
"number": 190000,
"exercisePrice": 3.3,
"expiryDate": "2027-04-08"
},
{
"number": 50000,
"exercisePrice": 0.75,
"expiryDate": "2027-09-28"
},
{
"number": 21000,
"exercisePrice": 1.6,
"expiryDate": "2025-12-31"
},
{
"number": 700000,
"exercisePrice": 0.21,
"expiryDate": "2030-02-05"
},
{
"number": 1500000,
"exercisePrice": 0.14,
"expiryDate": "2030-07-16"
},
{
"number": 1000000,
"exercisePrice": 0.22,
"expiryDate": "2030-09-04"
},
{
"number": 100000,
"exercisePrice": 0.2,
"expiryDate": "2030-11-12"
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"sixMonthsEndedNov302025": {
"managementAndConsultingFees": 105818,
"explorationAndEvaluationExpenditures": 22514,
"propertyInvestigationFees": 6668,
"shareBasedCompensation": 266300,
"rent": 9000,
"total": 410300
},
"sixMonthsEndedNov302024": {
"managementAndConsultingFees": 120535,
"explorationAndEvaluationExpenditures": 12795,
"propertyInvestigationFees": 1670,
"shareBasedCompensation": 0,
"rent": 9000,
"total": 144000
}
},
"namedIndividuals": [],
"otherRelatedPartyTransactions": [
{
"counterparty": "Related Parties",
"description": "Amounts due to related parties",
"amount": 105400,
"period": "As at November 30, 2025"
}
]
},
"subsequentEvents": [
{
"eventDate": "2025-12-17",
"description": "Closed non-brokered private placement of 4,160,777 flow-through units at $0.13 per unit for gross proceeds of $540,901. Each unit consists of one flow-through common share and one-half of one common share purchase warrant, with each whole warrant exercisable at $0.20 until December 17, 2027. Paid finder’s fees of $37,898 and issued 291,523 share purchase warrants.",
"impactValue": 540901
}
]
}
]
More from iMetal Resources Inc.
Jun 10, 2026 · 01:09