Errington Metals Corp (EM) Financings
TSXV: EM · Unspecified · Exploration stage
- Market cap$254.0M
- Share price$4.55
- 52-week range$2.00 – $5.40
- Shares outstanding55,824,201
- ExchangeTSXV
- Websiteerringtonmetals.com
Errington Metals Corp. is a Canadian exploration and development company focused on critical and precious metals. The Company is advancing its wholly owned Sudbury Basin Project, which hosts high-grade volcanogenic massive sulphide ('VMS')-style mineralization in the world-renowned Sudbury mining district. Through systematic drilling, disciplined technical work and a planned initial mineral resource estimate, Errington Metals is positioning the Sudbury Basin Project as a high-quality exploration and development opportunity. The Company is advancing a planned 45,000-metre drill program designed to support an initial mineral resource estimate and test regional targets.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
Errington Metals Corp financial statements
Key figures read from 2 of 2 financial statement filings, May 28, 2026 to Aug 20, 2026. Each column is the period as the company first filed it.
Balance sheet: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|
| Cash and equivalents | C$9,248,751 | C$1,775 | C$12,028,151 |
| Total current assets | C$9,778,824 | — | C$12,691,317 |
| Total current liabilities | C$2,299,432 | C$74,655 | C$10,636,840 |
| Working capital | C$7,479,392 | — | C$2,054,477 |
| Exploration and evaluation assets | C$5,138,000 | — | C$5,105,500 |
| Property, plant and equipment | C$170,939 | — | C$134,791 |
| Total assets | C$15,087,763 | C$1,775 | C$17,931,608 |
| Debt | C$0 | — | C$7,451,772 |
| Total liabilities | C$2,299,432 | — | C$10,636,840 |
| Shareholders' equity | C$12,788,331 | (C$72,880) | C$7,294,768 |
Income statement: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| 3M Jun 2026 | 3M Mar 2026 | 3M Jun 2025 | 3M Mar 2025 | |
|---|---|---|---|---|
| Exploration and evaluation expense | C$3,199,139 | — | C$138,977 | — |
| General and administrative | C$266,161 | — | C$48,032 | — |
| Share-based compensation | C$2,409,501 | — | C$0 | — |
| Net income (loss) | (C$5,899,973) | (C$4,888) | (C$152,036) | (C$1,143) |
Cash flow statement: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| 6M Jun 2026 | 3M Mar 2026 | 6M Jun 2025 | 3M Mar 2025 | |
|---|---|---|---|---|
| Operating cash flow | (C$5,976,422) | (C$839) | (C$115,268) | C$0 |
| Financing cash flow | C$3,306,421 | — | C$6,221,550 | — |
| Change in cash | (C$2,779,400) | (C$839) | C$6,104,626 | C$1 |
| Cash at end of period | C$9,248,751 | C$1,775 | C$7,149,018 | C$1 |
Errington Metals Corp financings
1 financing announced or closed by Errington Metals Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-07-14 | Errington Metals Corp (EM) | Flow-through, brokered | Closed, 1 tranche | $34.5M | $3.50 | Errington Metals Corp. Announces C$25 Million Private Placement of Common Shares and Flow-Through Shares |