Log In

Don't have an account? Sign up

New Earth Resources Corp. (EATH) Financings

CSE: EATH · Uranium, REE · Exploration stage

New Earth Resources Corp. is a Canadian-based mineral exploration company acquiring and developing advanced and early-stage exploration projects. Its flagship project is its 100% owned, past-producing Lucky Boy Uranium Property located in Gila County, Arizona, USA. Consisting of 14 Lode Claims, and spanning approximately 273 acres, the Lucky Boy Project covers a small open pit and underground workings that produced uranium in the 1950's, and again in the 1970's.  The Company also has the option to acquire a 100% interest in 23 claims covering approximately 1,101 hectares in the Strange Lake area of Quebec, Canada, known as the "SL Project", which is prospective for rare earth elements. In addition, the Company has the option to acquire a 100% interest in the Red Wine Rare Earth Project, comprising 2 non-contiguous mineral claims located in Labrador, Canada covering approximately 1,575 hectares.

New Earth Resources Corp. financial statements

Key figures read from 11 of 11 financial statement filings, Nov 29, 2022 to Nov 28, 2025. 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.

Mar 2025Mar 2024Mar 2023
Cash and equivalentsC$589C$7,147C$10,064
Short-term investmentsC$0C$140,000C$0
Total current assetsC$12,483*C$152,971*C$212,237*
Total current liabilitiesC$413,370C$323,281C$126,823
Working capital(C$400,887)(C$170,310)C$85,414
Exploration and evaluation assetsC$1,024,428C$4,111,515C$431,860
Total assetsC$1,036,911C$4,264,486C$644,097
Shareholders' equityC$623,541C$3,941,205C$517,274

* 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 Mar 2025FY Mar 2024FY Mar 2023
General and administrativeC$87,068C$134,452C$544,413
Net income (loss)(C$4,109,664)(C$388,569)(C$759,081)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Mar 2025FY Mar 2024FY Mar 2023
Operating cash flow—(C$50,167)*(C$693,349)*
Investing cash flow—C$3,000*(C$116,522)*
Financing cash flow—C$44,250*C$427,460*
Exploration spending (capitalized)—(C$7,000)(C$116,522)
Proceeds from share issues—C$0(C$2,030)
Change in cash(C$6,558)(C$2,917)(C$382,411)
Cash at end of period—C$7,147C$10,064

* Calculated from the statement's own lines: the company did not print this total with a label.

New Earth Resources Corp. financings

1 financing announced or closed by New Earth Resources Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-05-29New Earth Resources Corp. (EATH)Private placement, non-brokeredAnnounced$500K$0.120New Earth Resources Announces Private Placement

Related lists

Browse MineTerminal Pro

Explore mining stocks: Gold stocks Copper stocks Silver stocks Lithium stocks Uranium stocks Nickel stocks Canada British Columbia United States Ontario Quebec Insider buying Top drill results All lists