Log In

Don't have an account? Sign up

Automata Rare Earth Corp. (AREE) Financials

CSE: AREE · REE, Copper, Graphite · Advanced Exploration stage

Automata Rare Earth Corp. is a mining company focused on the development of energy metals. Automata is focused on key energy resources such as the development of copper, graphite and lithium assets around the world.

Automata Rare Earth Corp. financial statements

Key figures read from 15 of 15 financial statement filings, Oct 20, 2022 to Oct 28, 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$98,576C$43,546C$73,928C$711,085C$173,284
Total current assetsC$155,988*—C$176,773*C$869,071*C$216,025*
Total current liabilitiesC$277,388C$437,603C$161,446C$251,546—
Working capital(C$121,400)—C$15,327C$617,525—
Exploration and evaluation assetsC$297,500C$0C$262,200C$274,000C$70,000
Total assetsC$453,488C$58,910C$438,973C$1,143,071C$286,025
Shareholders' equityC$176,100(C$378,693)C$277,527C$891,525C$246,970

* 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 Jun 2026FY Jun 2025FY Jun 2024FY Jun 2023FY Jun 2022
Exploration and evaluation expenseC$21,790C$68,610C$881,046C$55,926C$0
General and administrativeC$751,817C$177,655C$264,556C$267,676C$73,132
Share-based compensationC$0(C$30,473)C$26,909C$133,279C$126,415
Net income (loss)(C$1,164,368)(C$625,747)(C$1,113,926)(C$1,070,940)(C$351,127)

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 2023FY Jun 2022FY Jan 2022
Operating cash flow(C$545,152)*————
Investing cash flow(C$50,000)*————
Financing cash flowC$650,182*————
Exploration spending (capitalized)(C$50,000)————
Proceeds from share issuesC$629,922————
Change in cashC$55,030(C$30,382)(C$637,157)C$537,801(C$86,486)
Cash at end of periodC$98,576C$43,546C$73,928C$711,085C$173,284

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

Automata Rare Earth Corp. financings

3 financings announced or closed by Automata Rare Earth Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-07-14Automata Rare Earth Corp. (AREE)Flow-through, private placement, non-brokeredAnnounced$2.5M$0.330Automata Rare Earth Corp. Announces Non-Brokered Private Placement of Up to $2.5 Million
2026-03-19Automata Rare Earth Corp. (AREE)Private placement, non-brokeredClosed, 1 tranche$640K$0.160Cullinan Metals Announces Financing
2025-01-07Automata Rare Earth Corp. (AREE)Private placement, non-brokeredAnnounced$330K$0.100Cullinan Metals Announces Proposed Share Consolidation and Private Placement

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