1844 Resources Inc. (EFF) Financings
TSXV: EFF · Copper · Exploration stage
- Market cap$5.1M
- Share price$0.030
- 52-week range$0.010 – $0.055
- Shares outstanding171,536,108
- ExchangeTSXV
- Website1844resources.com
1844 Resources Inc. is a Canadian mineral exploration company focused on the exploration and development of copper and other critical mineral projects in the Gaspe Peninsula of Quebec. The Company is advancing its portfolio of properties in a region with a long history of copper production and significant exploration potential.
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1844 Resources Inc. financial statements
Key figures read from 38 of 38 financial statement filings, Dec 14, 2016 to Sep 18, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Apr 2026 | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$295,506 | C$335,200 | C$189,192 | C$66,597 | C$49,756 |
| Total current assets | C$324,631* | C$353,871* | C$207,547* | C$126,368* | C$180,865* |
| Exploration and evaluation assets | — | C$28,214 | C$640,226 | C$734,599 | C$1,219,607 |
| Property, plant and equipment | C$10,393 | C$10,393 | C$10,393 | C$10,393 | C$10,393 |
| Total assets | C$547,176 | C$762,478 | C$1,358,166 | C$1,371,360 | C$1,410,865 |
| Total liabilities | C$926,228 | C$1,447,240 | C$884,516 | C$455,661 | C$344,909 |
| Shareholders' equity | (C$379,052) | (C$684,762) | C$473,650 | C$915,699 | C$1,065,956 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| General and administrative | C$370,379 | C$345,680 | C$376,021 | C$406,526 | C$374,009 |
| Share-based compensation | C$19,500 | C$0 | C$12,200 | C$0 | C$186,000 |
| Impairments and write-downs | — | — | C$0 | (C$12,745) | C$0 |
| Net income (loss) | (C$208,463) | (C$1,446,615) | (C$779,666) | (C$729,336) | (C$751,352) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$557,449) | (C$236,295) | (C$170,073) | (C$392,065) | (C$512,779) |
| Investing cash flow | C$150,819 | (C$30,828) | (C$44,624) | (C$247,928) | (C$266,095) |
| Financing cash flow | C$366,936 | C$413,131 | C$337,292 | C$656,834 | C$622,917 |
| Exploration spending (capitalized) | (C$73,348) | (C$30,828) | (C$44,624) | (C$511,014) | (C$316,073) |
| Proceeds from share issues | C$395,590 | C$456,500 | C$389,975 | C$828,200 | C$646,900 |
| Change in cash | (C$39,694) | C$146,008 | C$122,595 | C$16,841 | (C$155,957) |
| Cash at end of period | C$295,506 | C$335,200 | C$189,192 | C$66,597 | C$49,756 |
1844 Resources Inc. financings
4 financings announced or closed by 1844 Resources Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-07-14 | 1844 Resources Inc. (EFF) | Flow-through, private placement, non-brokered | Closed, 2 tranches | $638K | $0.030 | 1844 Announces a Non-Brokered Private Placement to Raise up to $1 Million |
| 2025-11-05 | 1844 Resources Inc. (EFF) | Private placement, non-brokered | Closed, 2 tranches | $500K | $0.015 | 1844 Resources Launches Strategic Financing to Advance Vortex/Sullipek Copper Project Adjacent to Osisko's Gaspe Copper Mine Project |
| 2025-05-01 | 1844 Resources Inc. (EFF) | Private placement, non-brokered | Announced | $750K | $0.025 | 1844 Resources Inc. Announces Equity Unit Financing, Provides Update on Market-Making Agreement and Announces Extension of Option Agreement with Nickel North |
| 2024-12-11 | 1844 Resources Inc. (EFF) | Private placement, non-brokered | Closed, 1 tranche | $1.5M | $0.035 | 1844 Announces New Option to Acquire Up To 100% Interest in Hawk Ridge Property and Concurrent Private Placements for Aggregate Gross Proceeds of Up To $1,500,000 |
1844 Resources Inc. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments 1844 Resources Inc. 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 |
|---|---|---|---|---|
| 2012-11-29 | Loan, repaid / settled | — | C$1.95M | — |
| 2012-10-21 | Loan, repaid / settled | — | C$772,920 | 8% |