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Athena Gold Corporation (ATHA) Financings

CSE: ATHA · Gold · Exploration stage

Athena is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct additional exploration drilling and studies on its projects across North America. Athena’s Laird Lake project is situated in the Red Lake Gold District of Ontario, covering over 7,000 hectares along more than 10 km of the Balmer-Confederation Assemblage contact, where recent surface sampling results returned up to 373 g/t Au. This underexplored area is road-accessible, located about 10 km west of West Red Lake Gold’s Madsen mine and 34 km northwest of Kinross Gold’s Great Bear project.

Athena Gold Corporation financial statements

Key figures read from 19 of 19 financial statement filings, Nov 1, 2021 to May 29, 2026. Each column is the period as the company first filed it.

Balance sheet: quarterly key figures

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

Mar 2026Dec 2025Jan 2025
Cash and equivalentsC$2,864,372C$2,839,369C$347,896
Total current assetsC$7,910,012C$4,834,615C$7,865,958
Total current liabilitiesC$49,350C$1,883,085C$1,055,672
Working capitalC$7,860,662C$2,951,530C$6,810,286
Exploration and evaluation assetsC$7,910,012C$4,834,615C$7,840,981
Total assetsC$13,650,555C$12,501,389C$8,920,741
Total liabilitiesC$49,350C$1,883,085C$1,204,295
Shareholders' equityC$13,601,205C$10,618,304C$7,716,446

Income statement: quarterly key figures

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

3M Mar 20263M Mar 2025
General and administrativeC$311,035C$301,979
Net income (loss)(C$2,044,916)C$147,652

Cash flow statement: quarterly key figures

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

3M Mar 20263M Mar 2025
Operating cash flow(C$14,690)*(C$289,955)*
Investing cash flowC$39,693*C$60,428*
Exploration spending (capitalized)(C$13,293)—
Change in cashC$25,003(C$229,527)
Cash at end of periodC$2,864,372C$118,369

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

Athena Gold Corporation financings

1 financing announced or closed by Athena Gold Corporation, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2025-11-17Athena Gold Corporation (ATHA)Flow-through, non-brokeredTranche closed, 1 tranche$3.1M$0.070Athena Gold Announces up to $2 Million Non-Brokered Private Placement

Athena Gold Corporation debt and credit facilities

Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Athena Gold Corporation has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.

DateDebtLenderAmountTerms
2024-06-07Loan, closed / fundedJohn C. PowerUS$92,5006%, matures 2026-01-02

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