Conquest Resources Limited (CQR) Financings
TSXV: CQR · Gold · Exploration stage
- Market cap$7.7M
- Share price$0.050
- 52-week range$0.025 – $0.110
- Shares outstanding154,777,106
- ExchangeTSXV
- Websiteconquestresources.com
Conquest Resources Limited, incorporated in 1945, is a mineral exploration company exploring for base metals and gold on mineral properties in Ontario and Finland. Conquest acquired the Valimaki Gold Project in southwestern Finland, a district-scale gold exploration property with extensive historical exploration and drilling. Conquest Resources also holds interests in the Alexander Gold Property, the Smith Lake Gold Property, the King Bay Gold Property and the Lake Nipigon Basin Property.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
Conquest Resources Limited financial statements
Key figures read from 38 of 38 financial statement filings, Nov 28, 2016 to Aug 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), 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$482,982 | C$689,748 | C$1,016,428 | C$1,188,794 | C$1,949,588 |
| Short-term investments | C$183,000 | C$254,800 | C$452,600 | — | C$0 |
| Total current assets | — | C$1,051,667* | C$1,501,367* | — | — |
| Total assets | C$692,464 | C$1,076,867 | C$1,668,767 | C$1,222,171 | C$2,079,712 |
| Total liabilities | C$87,984 | C$148,766 | C$48,143 | C$66,244 | C$335,317 |
| Shareholders' equity | C$604,480 | C$928,101 | C$1,620,624 | C$1,155,927 | C$1,744,395 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), 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$45,043 | — | — | C$238,990 | C$2,857,794 |
| General and administrative | C$24,446 | C$24,368 | C$36,068 | C$29,948 | C$39,527 |
| Share-based compensation | C$0 | C$136,189 | C$18,078 | C$240,523 | C$641,569 |
| Net income (loss) | — | — | (C$436,619) | (C$842,191) | (C$4,025,771) |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$347,803) | (C$1,057,229) | (C$172,366) | (C$760,794) | (C$3,260,640) |
| Investing cash flow | C$141,037 | — | — | C$0 | C$167,555 |
| Financing cash flow | C$0 | C$730,549 | C$0 | — | — |
| Change in cash | (C$206,766) | (C$326,680) | (C$172,366) | (C$760,794) | (C$3,093,085) |
| Cash at end of period | C$482,982 | C$689,748 | C$1,016,428 | C$1,188,794 | C$1,949,588 |
Conquest Resources Limited financings
2 financings announced or closed by Conquest Resources Limited, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-02-19 | Conquest Resources Limited (CQR) | Private placement, non-brokered | Closed, 1 tranche | $415K | $0.050 | Conquest Resources Closes Final Tranche of Non-Brokered Private Placement Financing Upsized Financing of $415,000 |
| 2026-01-15 | Conquest Resources Limited (CQR) | Flow-through, non-brokered | Closed, 1 tranche | $450K | $0.075 | Conquest Resources Announces Non-Brokered Private Placement Financing |