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Great Pacific Gold Corp (GPAC) Financials

TSXV: GPAC · Gold, Copper · Exploration stage

Great Pacific Gold's vision is to become the leading gold-copper development company in Papua New Guinea ('PNG') by focusing on its flagship Wild Dog Project. Wild Dog is located on the island of New Britain in the East New Britain Province of PNG. The Project covers the 15 km Wild Dog structural corridor, a large-scale epithermal system that has yielded numerous high-grade gold-copper drill results, with district-scale porphyry potential at the adjacent Magiabe target. The Company has two diamond drill rigs on the property advancing drill targets toward resource definition, supported by a field exploration crew advancing a pipeline of targets. In addition, the Company holds a portfolio of other projects in PNG including strategic land positions in the Kesar and Arau Projects, both located in the Eastern Highlands Province of PNG and contiguous with the mine tenements of K92 Mining Inc. ('K92'). The Company also holds the Tinga Valley Project in western PNG.

Great Pacific Gold Corp financial statements

Key figures read from 28 of 28 financial statement filings, May 29, 2020 to Aug 27, 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$10,512,583C$5,421,818C$11,216,372C$15,639,950C$21,649,394
Short-term investmentsC$1,220,040————
Total current assetsC$12,145,657*C$6,019,055*C$11,434,749*C$15,766,653*C$21,836,183*
Total current liabilitiesC$2,269,314C$2,126,356———
Working capitalC$9,876,343C$3,892,699———
Exploration and evaluation assetsC$18,628,705C$18,920,222C$6,998,746C$774,953C$833,627
Property, plant and equipmentC$125,273C$72,893C$154,689C$240,324C$299,334
Total assetsC$32,933,526C$26,840,015C$20,768,342C$16,851,154C$23,029,231
Shareholders' equityC$30,664,212C$24,713,659C$20,298,346C$16,616,124C$22,636,535

* 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
Exploration and evaluation expenseC$10,597,929C$4,870,141C$1,742,645C$4,524,620C$5,872,002
General and administrativeC$2,034,709C$1,168,872C$823,065C$495,448C$646,528
Share-based compensationC$2,088,824C$6,585,377C$0C$24,962C$3,885,051
Net income (loss)(C$4,061,836)(C$18,167,354)(C$4,411,668)(C$6,071,322)(C$12,102,820)

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$14,997,227)(C$8,187,611)(C$5,000,252)(C$5,966,828)(C$8,204,686)
Investing cash flowC$4,365,347(C$2,222,536)(C$220,885)(C$126,914)C$511,594
Financing cash flow———C$128,400(C$13,167)
Exploration spending (capitalized)(C$311,501)——(C$67,281)(C$68,862)
Proceeds from share issues————C$0
Change in cashC$5,051,564(C$5,785,517)(C$4,399,367)(C$5,965,342)(C$7,706,259)
Cash at end of periodC$10,512,583C$5,421,818C$11,216,372C$15,639,950C$21,649,394

Great Pacific Gold Corp financings

3 financings announced or closed by Great Pacific Gold Corp, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-03-25Great Pacific Gold Corp (GPAC)Private placement, brokeredClosed, 1 tranche$20.0M$0.470Great Pacific Gold Announces Public Offering to Raise up to $15 Million
2026-03-19Great Pacific Gold Corp (GPAC)Private placement, brokeredAnnounced$20.0M$0.470March [26], 202 6 – Vancouver, BC, Canada – Great Pacific Gold Corp. (“Great Pacific Gold” or the
2024-12-09Great Pacific Gold Corp (GPAC)Private placement, non-brokeredClosed, 1 tranche$5.0M$0.450Great Pacific Gold Strengthens Balance Sheet to Support 2025 Wild Dog Work Program

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