Clean Air Metals Inc. (AIR) Financings
TSXV: AIR · PGM · Advanced Exploration stage
- Market cap$13.8M
- Share price$0.055
- 52-week range$0.045 – $0.115
- Shares outstanding250,556,784
- ExchangeTSXV
- Websitewww.cleanairmetals.ca
Clean Air Metals is a development and exploration company advancing its flagship 100% owned Thunder Bay North Critical Minerals Project, 40 km northeast of Thunder Bay, Ontario, Canada. The TBN Project, accessible by road and next to established infrastructure, hosts two deposits - the Current and Escape deposits, only 2.5 km apart. Together, the deposits host a 14.9 Mt indicated mineral resource grading 2.66 g/t (Pt+Pd), 0.40% Cu and 0.24% Ni (NI 43-101 PEA Technical Report, Thunder Bay North Project, Ontario, Canada SLR Consulting Canada Ltd, November 21, 2025) with significant potential for expansion down-plunge. One of the rare primary platinum resources outside of South Africa, the TBN Project is in a stable and mining-friendly jurisdiction and benefits from longstanding relationships with local First Nations.
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Clean Air Metals Inc. financial statements
Key figures read from 43 of 43 financial statement filings, May 31, 2017 to Sep 29, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$1,133,766 | C$3,441,879 | C$5,913,395 | C$6,871,401 | C$542,573 |
| Total current assets | C$1,340,625* | C$4,201,865* | C$6,680,860* | C$12,308,331* | C$1,318,291* |
| Total current liabilities | — | — | C$3,478,961 | C$623,654 | C$2,950,390 |
| Working capital | — | — | C$3,201,899 | C$11,684,677 | (C$1,632,099) |
| Exploration and evaluation assets | C$34,884,670 | C$33,694,181 | C$32,498,569 | C$29,918,179 | C$33,628,563 |
| Property, plant and equipment | C$1,375 | C$12,891 | C$20,145 | C$40,989 | C$68,964 |
| Total assets | C$36,226,670 | C$37,908,937 | C$39,205,074 | C$42,290,356 | C$35,059,465 |
| Debt | — | — | — | C$0 | C$2,544,980 |
| Total liabilities | C$3,621,866 | C$4,017,254 | C$3,478,961 | C$3,425,984 | C$4,027,436 |
| Shareholders' equity | C$32,604,804 | C$33,891,683 | C$35,726,113 | C$38,864,372 | C$31,032,029 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jan 2026 | FY Jan 2025 | FY Jan 2024 | FY Jan 2023 | FY Jan 2022 | |
|---|---|---|---|---|---|
| General and administrative | C$177,759 | C$210,441 | C$162,998 | C$194,826 | C$170,690 |
| Share-based compensation | C$78,614 | C$206,657 | C$394,913 | C$1,210,277 | C$385,183 |
| Net income (loss) | — | (C$3,124,992) | (C$3,529,771) | (C$4,816,873) | (C$2,170,832) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jan 2026 | FY Jan 2025 | FY Jan 2024 | FY Jan 2023 | FY Jan 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$1,145,329) | (C$2,729,715) | C$1,568,170 | (C$8,651,316) | (C$1,785,280) |
| Investing cash flow | (C$1,162,784) | (C$1,160,671) | (C$2,522,776) | (C$8,326,295) | (C$14,170,142) |
| Financing cash flow | C$0 | C$1,418,870 | (C$3,400) | C$23,306,439 | C$9,819,639 |
| Exploration spending (capitalized) | (C$1,162,784) | (C$1,148,085) | (C$2,511,682) | (C$8,306,500) | (C$14,117,847) |
| Proceeds from share issues | C$0 | C$1,418,870 | (C$3,400) | C$11,438,939 | C$10,590,074 |
| Change in cash | (C$2,308,113) | (C$2,471,516) | (C$958,006) | C$6,328,828 | (C$6,135,783) |
| Cash at end of period | C$1,133,766 | C$3,441,879 | C$5,913,395 | C$6,871,401 | C$542,573 |
Clean Air Metals Inc. financings
4 financings announced or closed by Clean Air Metals Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-10-07 | Clean Air Metals Inc. (AIR) | Flow-through, non-brokered | Closed, 1 tranche | $150K | $0.060 | Clean Air Metals Announces Non-Brokered Private Placement of Flow-Through Shares |
| 2026-07-31 | Clean Air Metals Inc. (AIR) | Flow-through, private placement, non-brokered | Closed, 1 tranche | $6.2M | $0.500 | Clean Air Metals and Fiore-backed Springbok Ventures Announce Upsize of Non-Brokered Private Placement |
| 2024-12-20 | Clean Air Metals Inc. (AIR) | Flow-through, non-brokered | Closed, 1 tranche | $1.1M | $0.060 | Clean Air Metals Closes Flow-Through Private Placement |
| 2024-07-03 | Clean Air Metals Inc. (AIR) | Flow-through, non-brokered | Closed, 1 tranche | $440K | $0.055 | Clean Air Metals Announces Closing of Flow- Through Private Placement |
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