Canadian Critical Minerals Inc (CCMI) Financings
TSXV: CCMI · Copper, Gold, Silver · Advanced Exploration stage
- Market cap$8.4M
- Share price$0.025
- 52-week range— – $0.302
- Shares outstanding337,679,477
- ExchangeTSXV
- Websitecanadiancriticalmineralsinc.com
CCMI is a mining company primarily focused on copper production assets in Canada. CCMI's main asset is the 100% owned Bull River Mine project (150 million lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. CCMI also owns a 4% interest in XXIX Metal Corp. which holds a 100% interest in the Thierry copper project near Pickle Lake, Ontario and a 100% interest in the Opemiska copper project near Chapais-Chibougamau, Quebec.
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Canadian Critical Minerals Inc financial statements
Key figures read from 41 of 41 financial statement filings, Oct 27, 2016 to Sep 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
figures as printed in the statements. Losses and cash outflows are in brackets.
| May 2026 | May 2025 | May 2024 | May 2023 | May 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | $721,956 | $111,770 | $111,877 | $605,926 | $117,744 |
| Total current assets | $1,030,862 | $3,016,391 | $863,206 | $982,505 | $385,032 |
| Total current liabilities | $2,155,639 | $2,970,451 | $2,988,674 | $3,903,535 | $6,897,772 |
| Working capital | ($1,124,777) | $45,940 | ($2,125,468) | ($2,921,030) | ($6,512,740) |
| Exploration and evaluation assets | $2,020,677 | $2,020,677 | $2,020,677 | $4,186,858 | $4,186,858 |
| Property, plant and equipment | $1,704,656 | $2,007,983 | $2,574,414 | $2,773,389 | $2,971,821 |
| Total assets | $12,753,586 | $14,771,456 | $13,904,486 | $13,976,557 | $13,592,324 |
| Debt | $60,000 | $60,000 | $60,000 | $1,493,441 | $1,290,623 |
| Total liabilities | $3,558,332 | $4,424,925 | $4,515,058 | $5,591,169 | $8,326,408 |
| Shareholders' equity | $9,195,254 | $10,346,532 | $9,389,429 | $8,385,388 | $5,265,916 |
Income statement: annual key figures
figures as printed in the statements. Losses and cash outflows are in brackets.
| FY May 2026 | FY May 2025 | FY May 2024 | FY May 2023 | FY Feb 2023 | |
|---|---|---|---|---|---|
| Revenue | $3,533,393 | $4,062,837 | $491,697 | ($30,134) | $0 |
| Cost of sales | $3,229,243 | $2,959,332 | $591,614 | — | $0 |
| Exploration and evaluation expense | $926,021 | $193,724 | $1,011,394 | $126,154 | $224,765 |
| General and administrative | $632,647 | $611,207 | $677,535 | $430,469 | $257,006 |
| Share-based compensation | $165,481 | $0 | $236,107 | $0 | $236,883 |
| Net income (loss) | ($2,468,616) | ($793,900) | $54,330 | ($880,641) | ($1,321,667) |
Cash flow statement: annual key figures
figures as printed in the statements. Losses and cash outflows are in brackets.
| FY May 2026 | FY May 2025 | FY May 2024 | FY May 2023 | FY May 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | ($2,329,242) | ($2,022,157) | ($1,746,641) | ($1,144,089) | ($2,266,634) |
| Investing cash flow | $1,659,000 | — | $1,824,027 | $0 | ($458,999) |
| Financing cash flow | $1,280,428 | $528,050 | ($571,434) | $1,632,272 | $1,375,929 |
| Exploration spending (capitalized) | — | — | ($1,824,027) | — | — |
| Proceeds from share issues | $1,280,428 | — | $682,007 | $1,729,691 | $1,535,962 |
| Change in cash | $610,186 | ($107) | ($494,049) | $488,183 | ($1,349,704) |
| Cash at end of period | $721,956 | $111,770 | $111,877 | $605,927 | $117,744 |
Canadian Critical Minerals Inc financings
3 financings announced or closed by Canadian Critical Minerals Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-03-11 | Canadian Critical Minerals Inc (CCMI) | LIFE offering | Announced | — | — | CCMI Announces Financing Update |
| 2025-11-18 | Canadian Critical Minerals Inc (CCMI) | LIFE offering | Tranche closed, 2 tranches | $1.0M | $0.035 | CCMI Announces Private Placement of up to $1 Million |
| 2025-09-19 | Canadian Critical Minerals Inc (CCMI) | Flow-through | Closed, 1 tranche | $600K | $0.035 | Canadian Critical Minerals Closes $600,000 Flow-Through Financing |
Canadian Critical Minerals Inc debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Canadian Critical Minerals Inc has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2022-06-29 | Loan, closed / funded | Matlock Farms Ltd. | C$5M | — |
| 2021-03-18 | Convertible debenture, repaid / settled | 2166687 Alberta Ltd. | C$3.6M | — |
| 2020-08-14 | Convertible debenture, converted | CuVeras LLC | C$6M | 1%, matures 2024-01-21 |