Brunswick Exploration Inc. (BRW) Financings
TSXV: BRW · Lithium · Exploration stage
- Market cap$67.8M
- Share price$0.240
- 52-week range$0.110 – $0.395
- Shares outstanding282,392,131
- ExchangeTSXV
- Websitebrwexplo.ca
Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Company is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The Company is rapidly advancing the most extensive grassroots lithium property portfolio in Canada, Greenland and Saudi Arabia underpinned by its Mirage project, one of the largest undeveloped hard-rock lithium Inferred Mineral Resource Estimate in the Americas, with 52.
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Brunswick Exploration Inc. financial statements
Key figures read from 22 of 39 financial statement filings, Nov 29, 2016 to Aug 13, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$2,948,012 | C$5,625,371 | C$12,194,726 | C$8,053,328 | C$1,489,286 |
| Total current assets | C$3,595,278* | C$7,712,830* | C$13,496,204* | C$8,480,233* | C$2,308,050* |
| Exploration and evaluation assets | C$21,497,757 | C$14,340,780 | C$10,098,910 | C$2,993,950 | C$3,871,643 |
| Property, plant and equipment | C$4,775 | C$23,888 | C$40,509 | C$42,439 | — |
| Total assets | C$25,097,810 | C$22,077,498 | C$23,686,623 | C$11,559,122 | C$6,288,401 |
| Debt | — | — | C$0 | C$301,779 | C$566,644 |
| Total liabilities | C$808,363 | C$2,753,894 | C$1,443,338 | C$1,512,209 | C$1,463,814 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| General and administrative | C$2,509,200 | C$2,735,991 | C$2,582,357 | C$1,180,958 | C$1,364,307 |
| Share-based compensation | C$644,430 | C$1,092,185 | C$701,166 | C$189,383 | C$113,983 |
| Net income (loss) | (C$1,363,595) | (C$8,330,880) | (C$5,200,721) | (C$5,690,119) | (C$1,171,443) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$2,404,373) | (C$2,579,939) | (C$1,676,391) | (C$757,380) | (C$1,263,286) |
| Investing cash flow | (C$5,312,126) | (C$8,775,503) | (C$9,141,117) | (C$3,746,051) | (C$1,161,350) |
| Financing cash flow | C$5,039,140 | C$4,786,086 | C$14,958,906 | C$11,067,473 | (C$933,333) |
| Exploration spending (capitalized) | (C$7,159,871) | (C$9,654,496) | (C$9,183,497) | (C$3,841,277) | (C$2,884,862) |
| Proceeds from share issues | C$5,621,541 | C$4,809,370 | C$15,281,203 | C$9,852,635 | C$0 |
| Change in cash | (C$2,677,359) | (C$6,569,355) | C$4,141,398 | C$6,564,042 | (C$3,357,969) |
| Cash at end of period | C$2,948,012 | C$5,625,371 | C$12,194,726 | C$8,053,328 | C$1,489,286 |
No financings are on record for Brunswick Exploration Inc. yet.