Collective Metals Inc. (COMT) Financings
CSE: COMT · Gold · Exploration stage
- Market cap$1.0M
- Share price$0.015
- 52-week range$0.010 – $0.250
- Shares outstanding68,765,970
- ExchangeCSE
- Properties5
- Websitecollectivemetalsinc.com
Collective Metals Inc. is a resource exploration company specialized in precious metals exploration in the Northwest Territories. Collective Metals is currently advancing the Uptown Gold Project 4 km outside of Yellowknife adjacent to the Giant Mine.
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Collective Metals Inc. financial statements
Key figures read from 3 of 3 financial statement filings, Aug 26, 2022 to May 1, 2023. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Cash and equivalents | C$70,106 | C$359,983 |
| Total current assets | C$173,086 | C$448,586 |
| Exploration and evaluation assets | C$945,048 | C$853,851 |
| Total assets | C$1,118,134 | C$1,302,437 |
| Total liabilities | C$489,055 | C$76,135 |
| Shareholders' equity | C$629,079 | C$1,226,302 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2022 | FY Dec 2021 | |
|---|---|---|
| Exploration and evaluation expense | C$0 | C$133,291 |
| General and administrative | C$592,973 | C$163,089 |
| Share-based compensation | C$0 | C$86,903 |
| Net income (loss) | (C$810,073) | (C$516,426) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2022 | FY Dec 2021 | |
|---|---|---|
| Operating cash flow | (C$198,680) | (C$381,935) |
| Investing cash flow | (C$91,197) | (C$503,851) |
| Financing cash flow | C$0 | C$1,079,569 |
| Exploration spending (capitalized) | (C$91,197) | (C$503,851) |
| Proceeds from share issues | C$0 | C$0 |
| Change in cash | (C$289,877) | C$193,783 |
| Cash at end of period | C$70,106 | C$359,983 |
Collective Metals Inc. financings
2 financings announced or closed by Collective Metals Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-10-16 | Collective Metals Inc. (COMT) | Flow-through, private placement, non-brokered | Announced | $515K | $0.015 | Collective Metals Announces Private Placement of Hard Dollar and Flow-Through Units |
| 2026-03-02 | Collective Metals Inc. (COMT) | Flow-through, non-brokered | Tranche closed, 1 tranche | $1.5M | $0.200 | Collective Metals Announces Flow-Through Financing March 2, 2026 |
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