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Alliance Mining Corp (ALM) Financings

TSXV: ALM · Gold · Exploration stage

Alliance Mining Corp. (TSXV: ALM) reports field work progress on its Red Rice Lake group of gold properties. The Red Rice Lake gold property claims are located in the centre of Manitoba's Bissett gold camp, close to the town of Bissett, which forms part of the Uchi sub-province that includes the Red Lake and Pickle Lake belts in Northwestern Ontario. The company's property is located within 5 kilometres of 1911 Gold Corp's (TSXV: AUMB) True North Complex at Bissett, Manitoba, which comprises a fully permitted and operational 1,300 tonnes per day mill and tailings facility, currently reprocessing historical tailings. Although the Rice Lake belt has been explored for gold since the original discovery at Rice Lake in 1911, previous efforts were hindered by highly fragment land positions. Alliance plans to drill all prospective targets once they have been better defined and is now taking steps to address such a drill program.

Alliance Mining Corp financial statements

Key figures read from 39 of 39 financial statement filings, Nov 29, 2016 to Aug 31, 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.

Dec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Cash and equivalentsC$320C$6,489C$252C$212C$1,040
Total assetsC$3,721C$11,084C$4,722C$13,225C$5,658
DebtC$368,594C$307,272C$242,725C$215,825C$191,925
Shareholders' equity(C$3,887,333)(C$3,110,593)(C$3,102,049)(C$2,441,969)(C$2,112,945)

Income statement: annual key figures

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

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
Exploration and evaluation expenseC$0C$6,237C$0C$27,000C$512,750
General and administrativeC$213,627C$257,173C$400,499C$231,929C$219,660
Impairments and write-downs———C$0C$37,500
Net income (loss)(C$828,340)(C$8,544)(C$660,080)(C$447,674)(C$856,397)

Cash flow statement: annual key figures

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

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
Operating cash flow(C$89,369)*(C$104,093)*(C$41,010)*(C$119,478)*(C$678,754)*
Financing cash flowC$83,200*C$110,330*C$41,050*C$118,650*C$679,032*
Change in cash(C$6,169)C$6,237C$40(C$828)C$278
Cash at end of periodC$320C$6,489C$252C$212C$1,040

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

No financings are on record for Alliance Mining Corp yet.

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