GreenLight Metals Inc (GRL) Financings
TSXV: GRL · Copper, Gold · Exploration stage
- Market cap$21.4M
- Share price$0.215
- 52-week range$0.215 – $0.530
- Shares outstanding99,704,126
- ExchangeTSXV
- Websitegreenlightmetals.com
GreenLight is a Wisconsin-focused exploration company advancing copper-gold and gold projects across the Penokean Volcanic Belt (one of North America's most prospective VMS districts) and the Kalium Canyon epithermal gold project in Nevada's Walker Lane, which is subject to a staged earn-in and joint venture arrangement with Barrick Mining Corporation. In Wisconsin, GreenLight's portfolio includes the Bend copper-gold deposit, the Reef high-grade gold project, and the Lobo and Lobo East massive sulfide targets. GreenLight's flagship Bend Project is posted on the U.S. Federal Permitting Dashboard as a FAST-41 Transparency Project, providing a public framework for tracking applicable federal review and authorization milestones and coordinated support through the Permitting Council. Guided by a team with deep roots in the state, GreenLight is building a modern minerals company for Wisconsin, by Wisconsin, committed to responsible exploration, transparent engagement, and creating durable local opportunities as it helps supply the critical metals that power the energy transition.
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GreenLight Metals Inc financial statements
Key figures read from 7 of 7 financial statement filings, Apr 23, 2025 to Aug 27, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | |
|---|---|---|---|
| Cash and equivalents | C$10,548,890 | C$397,373 | C$16,135 |
| Total current assets | C$10,961,332 | C$861,297 | C$68,645 |
| Total current liabilities | C$1,064,512 | C$903,197 | C$619,379 |
| Working capital | C$9,896,820 | (C$41,900) | (C$550,734) |
| Exploration and evaluation assets | C$161,787 | C$516,771 | C$2,307,022 |
| Total assets | C$11,241,852 | C$1,511,908 | C$2,502,567 |
| Shareholders' equity | C$10,177,340 | C$608,711 | C$1,883,188 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | |
|---|---|---|---|
| Exploration and evaluation expense | C$2,093,015 | C$223,053 | C$206,565 |
| General and administrative | C$1,299,848 | C$495,645 | C$357,310 |
| Share-based compensation | C$518,348 | C$176,461 | C$457,514 |
| Impairments and write-downs | (C$361,667) | (C$2,178,008) | (C$3,782,007) |
| Net income (loss) | (C$4,987,129) | (C$3,409,761) | (C$4,933,634) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | |
|---|---|---|---|
| Operating cash flow | (C$3,862,850) | (C$882,455) | (C$633,779) |
| Investing cash flow | (C$32,559) | — | — |
| Financing cash flow | C$14,042,339 | C$1,270,000 | C$528,939 |
| Proceeds from share issues | C$14,034,839 | — | — |
| Change in cash | C$10,146,930 | C$387,545 | (C$104,840) |
| Cash at end of period | C$10,548,890 | C$397,373 | C$16,135 |
GreenLight Metals Inc financings
1 financing announced or closed by GreenLight Metals Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-11-26 | GreenLight Metals Inc (GRL) | LIFE offering, bought deal | Closed, 1 tranche | $11.5M | — | GreenLight Metals Announces Closing of $11.5 Million Bought Deal Financing |