Golden Shield Resources Inc. (GSRI) Financings
CSE: GSRI · Gold · Exploration stage
- Market cap$5.2M
- Share price$0.240
- 52-week range$0.215 – $0.495
- Shares outstanding21,739,179
- ExchangeCSE
- Properties3
- Websitegoldenshield.ca
Golden Shield Resources was founded by experienced professionals who are convinced that there are many more gold mines yet to be found in Guyana. The Company is well-financed and has three wholly controlled gold projects: Marudi Mountain, Arakaka and Fish Creek. Golden Shield continues to evaluate other gold opportunities in Guyana.
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Golden Shield Resources Inc. financial statements
Key figures read from 18 of 18 financial statement filings, Oct 19, 2020 to Jun 29, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | May 2020 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$175,894 | C$3,474,363 | C$5,712,597 | C$563,862 | C$424,208 |
| Total current assets | C$401,455* | C$3,687,177* | C$6,165,435* | C$568,548* | C$439,494* |
| Exploration and evaluation assets | C$1,538,739 | C$1,538,739 | C$2,288,739 | C$50,000 | C$152,227 |
| Total assets | C$1,949,584 | C$5,935,076 | C$8,454,174 | C$773,068 | C$591,721 |
| Total liabilities | C$415,578 | C$183,305 | C$234,309 | C$282,703 | C$32,475 |
| Shareholders' equity | C$1,534,006 | C$5,751,771 | C$8,219,865 | C$490,365 | C$559,246 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jul 2024 | FY Jul 2023 | FY Jul 2022 | FY Nov 2021 | FY May 2020 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$3,389,537 | C$4,039,890 | C$4,229,660 | C$4,229,660 | — |
| General and administrative | C$322,379 | C$473,666 | C$437,890 | C$437,890 | C$18,000 |
| Share-based compensation | C$276,171 | C$1,182,258 | C$716,152 | C$716,152 | — |
| Net income (loss) | (C$4,493,936) | (C$7,822,634) | (C$9,571,403) | (C$9,571,403) | (C$112,827) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jul 2024 | FY Jul 2023 | FY Jul 2022 | FY Nov 2021 | FY May 2020 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$3,298,469) | (C$5,951,747) | (C$6,172,114) | (C$6,172,114) | — |
| Investing cash flow | — | (C$458,769) | (C$1,204,048) | (C$1,204,048) | — |
| Financing cash flow | C$0 | C$4,172,282 | C$12,524,897 | C$12,524,897 | — |
| Proceeds from share issues | — | C$4,172,282 | C$12,524,897 | C$12,524,897 | — |
| Change in cash | (C$3,298,469) | (C$2,238,234) | C$5,148,735 | C$5,148,735 | (C$218,195) |
| Cash at end of period | C$175,894 | C$3,474,363 | C$5,712,597 | C$5,712,597 | — |
Golden Shield Resources Inc. financings
3 financings announced or closed by Golden Shield Resources Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-10-13 | Golden Shield Resources Inc. (GSRI) | Private placement | Announced | $6.0M | — | Golden Shield Announces Signing of Binding Letter of Intent for C$6 Million Strategic Investment and Recapitalization with Walsh Karra Holdings |
| 2026-03-09 | Golden Shield Resources Inc. (GSRI) | Private placement, non-brokered | Closed, 1 tranche | $2.1M | $0.250 | Golden Shield Announces Non-Brokered Private Placement to Raise CAD $2 Million |
| 2025-06-27 | Golden Shield Resources Inc. (GSRI) | Private placement | Closed, 1 tranche | $989K | $0.150 | GSRI 25-06-27 NR-$0.15 Financing |