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Automata Rare Earth Corp. (AREE) Financings

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 13 of 13 financial statement filings, Oct 20, 2022 to Nov 28, 2025. 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 2024Jun 2023Jun 2022Jun 2021
Cash and equivalentsC$73,928C$711,085C$173,284C$259,770
Total current assetsC$176,773*C$869,071*C$216,025*C$259,770*
Total current liabilitiesC$161,446C$251,546——
Working capitalC$15,327C$617,525——
Exploration and evaluation assetsC$262,200C$274,000C$70,000C$25,000
Total assetsC$438,973C$1,143,071C$286,025C$284,770
Shareholders' equityC$277,527C$891,525C$246,970C$273,685

* 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 2024FY Jun 2023FY Jun 2022FY Jan 2022FY Jan 2021
Exploration and evaluation expenseC$881,046C$55,926C$0——
General and administrativeC$264,556C$267,676C$73,132C$65,091C$12,670
Share-based compensationC$26,909C$133,279C$126,415C$126,415C$0
Net income (loss)(C$1,113,926)(C$1,070,940)(C$351,127)(C$351,127)(C$26,315)

Cash flow statement: annual key figures

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

FY Jun 2023FY Jun 2022FY Jan 2022FY Jan 2021
Change in cash(C$637,157)C$537,801(C$86,486)C$259,770
Cash at end of periodC$73,928C$711,085C$173,284C$259,770

Automata Rare Earth Corp. financings

2 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

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