Log In

Don't have an account? Sign up

Abcourt Mines Inc (ABI) Financials

TSXV: ABI · Gold · Development stage

Abcourt Mines Inc. is a Canadian gold development company with properties strategically located in northwestern Quebec, Canada. Abcourt owns the Sleeping Giant Mine and Mill, as well as the Flordin property, where it focuses its development activities.

Abcourt Mines Inc financial statements

Key figures read from 20 of 33 financial statement filings, Oct 28, 2016 to Oct 22, 2026. Each column is the period as the company first filed it.

Balance sheet: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

Jun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Cash and equivalentsC$1,583,023C$2,578,587C$757,753C$963,974C$720,512
Total current assetsC$26,487,253C$10,623,632C$3,139,393C$2,843,065C$3,398,973
Total current liabilitiesC$18,227,553C$7,831,796C$8,086,804C$7,319,288C$8,645,389
Working capitalC$8,259,700C$2,791,836(C$4,947,411)(C$4,476,223)(C$5,246,416)
Property, plant and equipmentC$19,819,829C$8,387,241C$8,688,199C$8,665,324C$3,021,625
Total assetsC$52,227,619C$21,408,153C$14,063,983C$17,400,883C$12,288,384
DebtC$37,064,424C$2,836,186C$1,266,667C$1,854,241C$2,478,628
Total liabilitiesC$66,155,694C$22,007,687C$20,348,119C$19,268,819C$15,414,731
Shareholders' equity(C$13,928,075)(C$599,534)(C$6,284,136)(C$1,867,936)(C$3,126,347)

Income statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Jun 2026FY Jun 2025FY Jun 2024FY Jun 2023FY Jun 2022
RevenueC$16,636,672C$0—C$7,014,494C$20,394,883
Exploration and evaluation expenseC$2,590,012C$8,322,676C$4,682,986C$1,644,117C$3,077,692
Net income (loss)(C$28,103,267)(C$14,421,015)(C$11,585,571)(C$5,337,044)(C$21,621,251)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Jun 2026FY Jun 2025FY Jun 2024FY Jun 2023FY Jun 2022
Operating cash flow(C$37,100,682)*(C$17,532,348)*(C$10,156,948)*(C$79,643)*(C$1,963,185)*
Investing cash flow(C$14,627,811)*C$232,768*C$3,641,517*(C$477,144)*(C$1,976,598)*
Financing cash flowC$50,732,929*C$19,120,414*C$6,309,210*C$800,249*C$2,205,650*
Property, plant and equipment spending(C$10,196,778)(C$412,114)(C$239,433)(C$584,671)(C$1,976,598)
Change in cash(C$995,564)C$1,820,834(C$206,221)C$243,462(C$1,734,133)
Cash at end of periodC$1,583,023C$2,578,587———

* Calculated from the statement's own lines: the company did not print this total with a label.

Abcourt Mines Inc financings

11 financings announced or closed by Abcourt Mines Inc, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-09-02Abcourt Mines Inc (ABI)Convertible debentureClosed, 1 trancheUS$10.0M—Abcourt Closes US$10,000,000 Increase to Debenture Financing with Glencore
2025-12-22Abcourt Mines Inc (ABI)Convertible debenture, debtClosed, 1 trancheUS$30.0M—Abcourt Announces Binding Term Sheet with Glencore AG for Senior Debt Financing and Offtake Agreement
2025-10-14Abcourt Mines Inc (ABI)Flow-through, LIFE offering, brokeredClosed, 1 tranche$10.0M$0.120Abcourt Announces Brokered Private Placement for Gross Proceeds of up to $8.5 Million
2025-08-22Abcourt Mines Inc (ABI)Private placement, brokeredAnnounced$5.8M—Abcourt Accepts $ 5.8M Financing Offer from Investissement Québec
2025-07-03Abcourt Mines Inc (ABI)DebtClosed, 1 trancheUS$8.0M—Abcourt Closes US$ 8M Loan Facility to Start Sleeping Giant Mine
2025-06-18Abcourt Mines Inc (ABI)Convertible debenture, non-brokeredClosed, 1 trancheUS$3.0M$0.050Abcourt Provides Update on Ongoing Financings
2025-03-24Abcourt Mines Inc (ABI)Flow-through, non-brokeredTranche closed, 1 tranche$9.3M$0.050Abcourt Announces a Non-Brokered Private Placement for up to $3.0 Million
2024-12-11Abcourt Mines Inc (ABI)Flow-through, LIFE offering, brokeredClosed, 1 tranche$5.3M$0.055Abcourt Closes Brokered Private Placement for Gross Proceeds of Approx. $5.25 Million
2024-10-10Abcourt Mines Inc (ABI)Private placement, non-brokeredClosed, 1 tranche$1.3M$0.060Abcourt Closes $1,252,000 Non-Brokered Private Placement
2024-07-16Abcourt Mines Inc (ABI)Private placement, non-brokeredClosed, 1 tranche$4.5M$0.040Abcourt Announces a Non-Brokered Private Placement for up to $4.5 Million
2024-03-12Abcourt Mines Inc (ABI)Private placement, non-brokeredClosed, 4 tranches$5.0M$0.050Abcourt Announces a Non-Brokered Private Placement for up to $5.0 Million Resulting in the Creation of a Control Person

Related lists

Browse MineTerminal Pro

Explore mining stocks: Gold stocks Copper stocks Silver stocks Lithium stocks Uranium stocks Nickel stocks Canada British Columbia Ontario United States Quebec Insider buying Top drill results All lists