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Appia Rare Earths & Uranium Corp. (API) Financials

CSE: API · REE, Uranium · Exploration stage

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds a 25% interest in the Ultra Hard Rock and Ultra IAC Projects, which total 42,932.24 ha. in size and are located within the state of Goiás in Brazil. Ultra is obligated to acquire Appia’s 25% interest in the Ultra Hard Rock and Ultra IAC Projects in exchange for a 25% equity interest in Ultra once a prefeasibility study has been prepared in respect of the Ultra IAC project and a mineral resource estimate has been prepared in respect of the Ultra Hard Rock project. The Company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property and exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

Appia Rare Earths & Uranium Corp. financial statements

Key figures read from 28 of 29 financial statement filings, Feb 27, 2017 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.

Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Cash and equivalentsC$7,844,422C$1,764,921C$416,940C$818,011C$1,223,390
Total current assetsC$8,126,554C$1,911,787C$611,225C$962,880C$1,368,040
Total assetsC$17,800,419C$6,137,746C$1,648,952C$2,018,637C$2,167,541
Total liabilitiesC$2,510,529C$1,301,811C$891,264C$774,667C$676,190
Shareholders' equityC$15,289,890C$4,835,935C$757,688C$1,243,970C$1,491,351

Income statement: annual key figures

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

FY Sep 2021FY Sep 2020FY Sep 2019FY Sep 2018FY Sep 2017
Exploration and evaluation expense——C$1,704,227C$687,139C$938,768
General and administrativeC$1,305,786C$546,887C$532,665C$520,721C$839,625
Share-based compensationC$739,500C$157,553C$43,563C$104,588C$399,389
Net income (loss)(C$1,305,786)(C$553,671)(C$2,305,181)(C$1,374,191)(C$1,792,459)

Cash flow statement: annual key figures

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

FY Sep 2021FY Sep 2020FY Sep 2019FY Sep 2018FY Sep 2017
Operating cash flow(C$6,168)(C$79,246)(C$2,110,916)(C$996,535)(C$1,277,584)
Investing cash flow(C$5,447,906)(C$1,244,422)(C$65,490)(C$431,066)(C$5,162)
Financing cash flowC$11,521,239C$2,671,649C$1,775,335C$1,022,222C$1,844,385
Exploration spending (capitalized)(C$4,577,582)(C$1,244,422)(C$300)(C$84,388)(C$5,162)
Proceeds from share issuesC$4,301,600C$2,117,640C$1,002,112C$172,900C$234,180
Change in cashC$6,079,501C$1,347,981(C$401,071)(C$405,379)C$561,639
Cash at end of periodC$7,844,422C$1,764,921C$416,940C$818,011C$1,223,390

Appia Rare Earths & Uranium Corp. financings

6 financings announced or closed by Appia Rare Earths & Uranium Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2025-09-23Appia Rare Earths & Uranium Corp. (API)Private placement, non-brokeredClosed, 2 tranchesUS$734K$0.185Appia Announces Non-Brokered Private Placement
2025-09-02Appia Rare Earths & Uranium Corp. (API)Private placementClosed, 1 trancheUS$2.8M$0.500Appia Announces Closing of Transaction with Ultra Rare Earth Inc., Including $2,780,000 CAD Financing
2025-06-17Appia Rare Earths & Uranium Corp. (API)Flow-through, non-brokeredClosed, 2 tranches$2.2M$0.080Appia Announces Non-Brokered Private Placement
2024-12-23Appia Rare Earths & Uranium Corp. (API)Flow-through, non-brokeredClosed, 1 tranche$500K$0.120Appia Announces Non-Brokered Private Placement
2024-10-22Appia Rare Earths & Uranium Corp. (API)Flow-through, non-brokeredClosed, 1 tranche$1.1M$0.080Appia Announces Non-Brokered Private Placement
2024-07-12Appia Rare Earths & Uranium Corp. (API)Private placement, non-brokeredAnnounced$1.0M$0.100Appia Announces Non-Brokered Working Capital Private Placement

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