DRC Gold Corp. (DRC) Financings
CSE: DRC · Gold · Exploration stage
- Market cap$25.4M
- Share price$0.190
- 52-week range$0.095 – $0.375
- Shares outstanding133,719,009
- ExchangeCSE
- Properties4
- Websitedrcgoldcorp.com
DRC Gold Corp. is a junior exploration company. DRC Gold Corp.’s management and directors possess over 50 years of collective industry experience and have been very successful in the areas of exploration, financing and developing major mines throughout the world, with a focus on Africa.
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DRC Gold Corp. financial statements
Key figures read from 10 of 10 financial statement filings, Jun 28, 2018 to Dec 30, 2020. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|
| Cash and equivalents | C$2,384,496 | C$1,232,382 | C$399,176 | C$124,171 |
| Total current assets | C$2,537,398 | C$1,245,863 | C$406,289* | C$134,140* |
| Total current liabilities | C$106,406 | C$43,054 | — | — |
| Working capital | C$2,430,992 | C$1,202,809 | — | — |
| Exploration and evaluation assets | C$141,133 | C$264,848 | C$201,068 | C$130,000 |
| Property, plant and equipment | C$38,872 | C$0 | — | — |
| Total assets | C$2,736,545 | C$1,529,853 | C$607,357 | C$264,140 |
| Debt | C$974,990 | C$0 | — | — |
| Total liabilities | C$1,081,396 | C$43,054 | — | — |
| Shareholders' equity | C$1,655,149 | C$1,486,799 | C$581,237 | C$245,602 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jul 2020 | FY Jul 2019 | |
|---|---|---|
| General and administrative | C$621,320 | C$82,310 |
| Share-based compensation | C$606,962 | C$0 |
| Net income (loss) | (C$2,789,279) | (C$166,288) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jul 2020 | FY Jul 2019 | FY Jul 2018 | FY Sep 2017 | |
|---|---|---|---|---|
| Operating cash flow | (C$2,057,935) | (C$175,659) | (C$100,177) | (C$30,867) |
| Investing cash flow | (C$88,993) | (C$77,385) | — | — |
| Financing cash flow | C$3,293,665 | C$1,086,250 | C$428,800 | C$266,500 |
| Exploration spending (capitalized) | (C$48,781) | (C$58,243) | — | — |
| Change in cash | C$1,152,114 | C$833,206 | C$275,005 | C$124,171 |
| Cash at end of period | C$2,384,496 | C$1,232,382 | C$399,176 | C$124,171 |
DRC Gold Corp. financings
2 financings announced or closed by DRC Gold Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-12-11 | DRC Gold Corp. (DRC) | Private placement, non-brokered | Closed, 1 tranche | $750K | $0.150 | AJN Resources Inc. Reprices Private Placement Unit Offering |
| 2025-11-11 | DRC Gold Corp. (DRC) | Private placement, non-brokered | Closed, 2 tranches | $3.0M | $0.100 | AJN Completes Warrant Exercise Incentive Program and Intention to Close $3,000,000 Private Placement |
DRC Gold Corp. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments DRC Gold Corp. 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 |
|---|---|---|---|---|
| 2020-04-08 | Convertible debenture, closed / funded | — | C$1.26M | 2.5% |