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Bayridge Resources Corp. (BYRG) Financials

CSE: BYRG · Uranium · Exploration stage

Bayridge Resources Corp. is a green energy company advancing its portfolio of Canadian uranium projects. The 51% owned Baker Lake Uranium Project consists of 83 contiguous claims in the Kivaliq Region of Nunavut, covering 619 km². Exploration has defined a 75 km unconformity with multiple uranium targets, supported by modern drilling and airborne geophysical surveys. Bayridge has also earned a 40% Interest in the 1,337 ha Waterbury East project, that is located 25 km northeast of the Cigar Lake Mine in the northeastern Athabasca Basin region. Geophysical surveys have identified a 7km long conductivity corridor where mid-2000's dri ling highlighted faulted and altered basement rock with local uranium enrichment. Large sections of this corridor remain untested.

Bayridge Resources Corp. financial statements

Key figures read from 9 of 9 financial statement filings, May 30, 2024 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.

Dec 2025Dec 2024
Cash and equivalentsC$510,959C$2,344,988
Total current assetsC$1,538,050*C$2,746,980*
Exploration and evaluation assetsC$4,223,530C$1,175,000
Total assetsC$5,761,580C$3,921,980
Total liabilitiesC$691,741C$363,903

* 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 2025FY Dec 2024
Exploration and evaluation expenseC$1,381,515C$1,822,637
General and administrativeC$261,696C$349,896
Share-based compensationC$300,675C$2,111,236
Net income (loss)(C$2,658,538)(C$5,782,315)

Cash flow statement: annual key figures

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

FY Dec 2025FY Dec 2024
Operating cash flow(C$2,238,124)(C$4,265,500)
Investing cash flow(C$128,405)(C$490,000)
Financing cash flowC$532,500C$6,849,738
Exploration spending (capitalized)C$0(C$490,000)
Proceeds from share issuesC$567,500C$6,953,600
Change in cash(C$1,834,029)C$2,094,238
Cash at end of periodC$510,959C$2,344,988

Bayridge Resources Corp. financings

2 financings announced or closed by Bayridge Resources Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-06-01Bayridge Resources Corp. (BYRG)Flow-through, non-brokeredTranche closed, 1 tranche$1.0M$0.200Bayridge Resources Announces Non-brokered Private Placement and Concurrent FT Private Placement
2025-12-16Bayridge Resources Corp. (BYRG)Flow-through, non-brokeredClosed, 1 tranche$830K$0.250Bayridge Announces Non-Brokered Private Placement

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