Equity Metals Corporation (EQTY) Financings
TSXV: EQTY · Silver, Diamonds · Advanced Exploration stage
- Market cap$23.3M
- Share price$0.095
- 52-week range$0.090 – $0.600
- Shares outstanding245,517,069
- ExchangeTSXV
- Websiteequitymetalscorporation.com
Equity Metals Corporation is a member of the Malaspina-Manex Group. The Company owns 100% interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca Mining Division, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. The Company also has a controlling JV interest (57.49%) in the Monument Diamond project , NWT , strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines. As well, the Company has an option to acquire a 100% interest in the Arlington Property , located within the Boundary District of south-central British Columbia where 2025 exploration work consisted of geophysics and diamond drilling designed to identify and delineate an apparent gold system.
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Equity Metals Corporation financial statements
Key figures read from 38 of 38 financial statement filings, Jan 27, 2017 to Jul 17, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Aug 2025 | Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$2,801,135 | C$5,000,044 | C$2,951,659 | C$497,520 | C$1,787,472 |
| Total current assets | C$3,210,261 | C$5,277,782 | C$3,128,748 | C$579,389* | C$1,942,217* |
| Total current liabilities | — | — | C$287,496 | — | — |
| Working capital | — | — | C$2,841,252 | — | — |
| Exploration and evaluation assets | C$283,659 | C$38,415 | C$38,415 | C$38,415 | C$38,415 |
| Property, plant and equipment | C$31,881 | C$34,740 | C$30,300 | C$37,206 | C$43,654 |
| Total assets | C$3,734,781 | C$5,498,417 | C$3,344,943 | C$802,490 | C$2,171,766 |
| Total liabilities | C$978,143 | C$1,532,290 | — | — | — |
| Shareholders' equity | C$2,756,638 | C$3,966,127 | C$3,057,447 | C$705,626 | C$2,073,698 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Aug 2025 | FY Aug 2024 | FY Aug 2023 | FY Aug 2022 | FY Aug 2021 | |
|---|---|---|---|---|---|
| General and administrative | C$149,088 | C$144,742 | C$111,944 | C$136,848 | C$113,316 |
| Share-based compensation | — | — | — | C$461,933 | — |
| Impairments and write-downs | — | — | — | C$0 | (C$23,826) |
| Net income (loss) | (C$5,418,327) | (C$4,078,590) | (C$2,906,657) | (C$5,007,057) | (C$4,207,524) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Aug 2025 | FY Aug 2024 | FY Aug 2023 | FY Aug 2022 | FY Aug 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$6,038,903) | (C$4,127,246) | (C$2,448,070) | (C$4,669,095) | (C$3,307,005) |
| Investing cash flow | (C$26,057) | (C$12,356) | C$0 | (C$1,926) | C$25,699 |
| Financing cash flow | C$3,868,951 | C$6,192,333 | C$4,905,081 | C$3,377,089 | C$3,281,280 |
| Exploration spending (capitalized) | (C$56,307) | — | — | — | — |
| Property, plant and equipment spending | (C$4,184) | (C$12,356) | C$0 | (C$1,926) | (C$8,895) |
| Proceeds from share issues | C$2,473,377 | C$5,674,200 | C$3,556,854 | C$3,634,050 | C$2,387,022 |
| Change in cash | (C$2,196,009) | C$2,052,731 | C$2,457,011 | (C$1,293,932) | (C$26) |
| Cash at end of period | C$2,801,135 | C$5,000,044 | C$2,951,659 | C$497,520 | C$1,787,472 |
Equity Metals Corporation financings
1 financing announced or closed by Equity Metals Corporation, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-11-10 | Equity Metals Corporation (EQTY) | Flow-through, private placement, non-brokered | Closed, 1 tranche | $4.6M | $0.230 | Equity Metals Announces Non-Brokered Charity/Premium Flow-Through Private Placement |