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Hispania Resources Inc (ESPN) Financings

TSXV: ESPN · Copper, Zinc, Tin · Exploration stage

Hispania Resources Inc is a mineral exploration company focused on mining opportunities in Spain. Hispania is currently focused on developing 3 core assets across Spain, including the copper, zinc project Otero; the formerly producing tin project Lumbrales; and the copper, zinc Puebla de la Reina project. The management of Hispania contains industry veterans who have more than 120 years of mineral exploration and production experience in multiple jurisdictions and have successfully managed multiple international mining companies. This includes in Spain, where some of the team was responsible for the founding and building of Iberian Minerals with the continued support of the local and regional governments, including the well-developed and sophisticated transportation and mining infrastructure.

Hispania Resources Inc financial statements

Key figures read from 30 of 30 financial statement filings, May 7, 2019 to Aug 31, 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.

Dec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Cash and equivalentsC$493,763C$2,622C$75,242C$93,425—
Total current assetsC$525,245*C$2,622*C$147,016*C$93,425*—
Total current liabilities———C$1,293,509C$25,688
Working capital———(C$1,200,084)—
Exploration and evaluation assetsC$1,044,176C$831,793C$814,822——
Property, plant and equipmentC$5,074C$5,874———
Total assetsC$1,574,495C$840,289C$961,838C$1,051,146C$249,936
DebtC$653,879C$10,000C$10,000C$56,388—
Total liabilitiesC$1,477,766C$2,692,284C$1,923,954C$1,293,509—
Shareholders' equityC$96,729(C$1,851,995)(C$962,116)(C$242,363)C$224,248

* 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 Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
General and administrative————C$68,630
Net income (loss)C$556,083(C$893,473)(C$733,347)(C$1,516,130)(C$68,630)

Cash flow statement: annual key figures

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

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
Operating cash flow(C$97,520)(C$53,367)(C$32,301)(C$229,080)—
Investing cash flow(C$143,221)————
Financing cash flowC$796,189(C$5,874)C$0(C$723,700)—
Exploration spending (capitalized)(C$143,221)————
Property, plant and equipment spendingC$0————
Proceeds from share issuesC$850,000————
Change in cashC$491,141(C$72,620)(C$18,183)(C$720,707)—
Cash at end of periodC$493,763C$2,622C$75,242C$93,425C$237,968

Hispania Resources Inc financings

1 financing announced or closed by Hispania Resources Inc, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2025-09-11Hispania Resources Inc (ESPN)Private placement, non-brokeredClosed, 2 tranches$1.0M$0.025Hispania Resources Announces Proposed Private Placement

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