Golden Ridge Resources Ltd. (GLDN) Financings
TSXV: GLDN · Gold · Exploration stage
- Market cap$4.7M
- Share price$0.080
- 52-week range$0.035 – $0.090
- Shares outstanding58,349,320
- ExchangeTSXV
- Websitegoldenridgeresources.com
Golden Ridge is a TSX-V listed exploration company engaged in acquiring and advancing mineral properties located in Newfoundland and British Columbia. Golden Ridge is currently focused on exploration and development of the Williams Gold Property located in the Central Newfoundland Gold Belt. The Company owns a 100% interest in the 1,700-hectare Hank copper-gold-silver-lead-zinc property located in BC's Golden Triangle district, approximately 140 kilometers north of Stewart, which is currently under option to King Fisher Metals Corporation.
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Golden Ridge Resources Ltd. financial statements
Key figures read from 39 of 40 financial statement filings, Nov 29, 2016 to Jun 1, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$259,010 | C$1,279,908 | C$2,633,862 | C$4,928,959 | C$3,934,772 |
| Short-term investments | C$1,968,040 | C$1,432,758 | C$1,250,674 | C$638,306 | C$789,767 |
| Total current assets | C$2,717,939* | C$2,773,315* | C$4,068,682* | C$5,622,139* | C$5,416,528* |
| Exploration and evaluation assets | C$3,199,751 | C$3,121,156 | C$2,140,567 | C$2,730,734 | C$2,331,963 |
| Property, plant and equipment | C$218,730 | C$117,632 | C$36,733 | C$62,241 | C$58,883 |
| Total assets | C$6,266,603 | C$6,054,576 | C$6,418,212 | C$8,607,362 | C$7,912,301 |
| Shareholders' equity | C$6,073,128 | C$5,720,835 | C$6,181,865 | C$8,375,098 | C$7,744,843 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2025 | FY Jun 2024 | FY Jun 2023 | FY Jun 2022 | FY Jun 2021 | |
|---|---|---|---|---|---|
| General and administrative | C$890,744 | C$680,039 | C$345,163 | C$586,465 | C$436,083 |
| Share-based compensation | — | C$0 | C$14,422 | C$579,410 | C$284,627 |
| Impairments and write-downs | C$0 | (C$2,610) | (C$5,552) | (C$1,124) | (C$19,667) |
| Net income (loss) | (C$493,217) | (C$545,557) | (C$2,758,112) | (C$1,700,774) | (C$7,341,336) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2025 | FY Jun 2024 | FY Jun 2023 | FY Jun 2022 | FY Jun 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$1,046,718) | (C$293,876) | (C$401,516) | C$114,770 | (C$754,365) |
| Investing cash flow | (C$25,820) | (C$1,059,860) | (C$1,893,100) | (C$729,895) | (C$1,291,478) |
| Financing cash flow | — | — | (C$481) | C$1,440,725 | C$5,311,812 |
| Exploration spending (capitalized) | (C$78,595) | (C$1,209,289) | (C$2,064,400) | (C$649,923) | (C$1,248,460) |
| Property, plant and equipment spending | (C$121,878) | (C$95,518) | (C$1,000) | (C$36,516) | (C$27,000) |
| Proceeds from share issues | — | — | C$0 | C$1,450,000 | C$5,368,979 |
| Change in cash | (C$1,020,898) | (C$1,353,954) | (C$2,295,097) | C$825,600 | C$3,265,969 |
| Cash at end of period | C$259,010 | C$1,279,908 | C$2,633,862 | C$4,928,959 | C$4,103,359 |
Golden Ridge Resources Ltd. financings
2 financings announced or closed by Golden Ridge Resources Ltd., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-01-29 | Golden Ridge Resources Ltd. (GLDN) | Private placement, brokered | Announced | $2.0M | $0.100 | GOLDEN RIDGE ANNOUNCES PROPOSED C$2-MILLION BEST EFFORTS PRIVATE PLACEMENT IN FURTHERANCE OF PREVIOUSLY ANNOUNCED ACQUISITION OF A Majority Interest in Brazilian Mining Producer MM Group Ltda. |
| 2024-11-29 | Golden Ridge Resources Ltd. (GLDN) | Debt | Announced | $950K | — | Golden Ridge Announces Credit Facility with MM Group Ltda. |
Golden Ridge Resources Ltd. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Golden Ridge Resources Ltd. 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 |
|---|---|---|---|---|
| 2024-11-29 | Credit facility, signed (company lending) | to MM Group Ltd | C$950,000 | 8%, matures 2025-07-30 |