Coppernico Metals Inc. (COPR) Financings
TSX: COPR · Copper, Gold · Exploration stage
- Market cap$79.9M
- Share price$0.405
- 52-week range$0.190 – $0.560
- Shares outstanding197,212,990
- ExchangeTSX
- Websitewww.coppernicometals.com
Coppernico is a mineral exploration company focused on creating value for shareholders and stakeholders through diligent project evaluation and exploration, in pursuit of the discovery of large-scale high-grade copper-gold deposits in the Americas. The Companys management and technical teams have a successful track record of raising capital, discovery and the monetization of exploration successes. The Company's objective is to become a leading advanced copper and gold explorer, and through its wholly owned Peruvian subsidiary Sombrero Minerales S.A.C., is currently focused on the Ccascabamba (previously referred to as Sombrero Main) and Nioc target areas within the Sombrero Project in Peru, its flagship project, while regularly reviewing additional premium projects to consider for acquisition. The Sombrero Project is a land package of approximately 57,000 hectares (570 square kilometres) located in the north-western margins of the world-renowned Andahuaylas-Yauri trend in Peru.
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Coppernico Metals Inc. financial statements
Key figures read from 21 of 21 financial statement filings, Nov 25, 2020 to Aug 11, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), 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$2,892,441 | C$11,225,074 | C$1,170,801 | C$300,862 | C$2,965,269 |
| Total current assets | C$3,446,253* | C$12,001,347* | C$1,481,025* | C$546,748* | C$3,498,112* |
| Total current liabilities | C$1,337,616 | C$2,237,199 | C$1,282,542 | — | — |
| Working capital | C$2,108,637 | C$9,764,148 | C$198,483 | — | — |
| Exploration and evaluation assets | C$10,065,923 | C$7,895,956 | C$6,688,619 | C$6,662,647 | C$6,370,754 |
| Property, plant and equipment | C$54,456 | — | — | — | — |
| Total assets | C$13,667,942 | C$20,096,757 | C$8,465,979 | C$7,340,361 | C$9,868,866 |
| Debt | — | C$0 | C$52,100 | — | — |
| Total liabilities | C$4,244,376 | C$2,459,304 | C$1,452,517 | C$1,777,906 | C$837,468 |
| Shareholders' equity | C$9,423,566 | C$17,637,453 | C$7,013,462 | C$5,562,455 | C$9,031,398 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), 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 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$5,336,408 | C$6,151,623 | C$1,364,207 | C$1,438,069 | C$1,611,685 |
| General and administrative | C$192,303 | C$300,036 | C$303,369 | C$320,085 | C$282,809 |
| Impairments and write-downs | — | C$0 | C$0 | C$338,745 | — |
| Net income (loss) | (C$8,332,463) | (C$9,169,926) | (C$3,671,018) | (C$20,202) | (C$3,193,305) |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$8,215,967) | (C$8,598,951) | (C$3,559,565) | (C$3,168,882) | (C$3,559,722) |
| Investing cash flow | (C$86,094) | C$198,916 | (C$139,784) | (C$206,695) | (C$1,326,512) |
| Financing cash flow | C$0 | C$18,414,175 | C$4,570,791 | C$724,056 | C$0 |
| Exploration spending (capitalized) | (C$229,635) | (C$174,280) | (C$165,748) | (C$205,527) | (C$1,326,512) |
| Property, plant and equipment spending | (C$68,644) | — | — | — | — |
| Change in cash | (C$8,332,633) | C$10,054,273 | C$869,939 | (C$2,664,407) | (C$4,884,862) |
| Cash at end of period | C$2,892,441 | C$11,225,074 | C$1,170,801 | C$300,862 | C$2,965,269 |
Coppernico Metals Inc. financings
4 financings announced or closed by Coppernico Metals Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-08-06 | Coppernico Metals Inc. (COPR) | LIFE offering, non-brokered | Closed, 1 tranche | $1.0M | $0.350 | Coppernico Metals Secures Approximately C$1 Million Strategic Financing |
| 2026-06-11 | Coppernico Metals Inc. (COPR) | LIFE offering | Closed, 1 tranche | $5.5M | $0.350 | Coppernico Metals Announces C$5 Million LIFE Offering |
| 2024-05-02 | Coppernico Metals Inc. (COPR) | Private placement, brokered | Closed, 1 tranche | $19.4M | $0.500 | Coppernico Announces $15 Million Financing Including a Major Mining Company as a Strategic Investor |
| 2023-09-28 | Coppernico Metals Inc. (COPR) | Private placement, non-brokered | Tranche closed, 2 tranches | $2.2M | $0.150 | Coppernico Metals Announces C$1.5 Million Private Placement and Provides Project Update |