Hannan Metals Limited (HAN) Financings
TSXV: HAN · Gold, Copper · Exploration stage
- Market cap$88.8M
- Share price$0.610
- 52-week range$0.460 – $1.03
- Shares outstanding145,507,363
- ExchangeTSXV
- Websitehannanmetals.com
Hannan Metals Limited is an exploration company with a primary focus on advancing its Previsto gold-copper prospect (Amanecer project) in Peru, and an option to earn 100% in three high-grade gold projects in Sweden. Over the last decade, the team behind Hannan has forged a long and successful record of discovering, financing, and advancing mineral projects in Australia, Europe and South America.
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Hannan Metals Limited financial statements
Key figures read from 39 of 39 financial statement filings, Oct 24, 2016 to Sep 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| May 2026 | May 2025 | May 2024 | May 2023 | May 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$6,496,391 | C$2,273,267 | C$945,438 | C$3,318,801 | C$2,376,850 |
| Total current assets | C$6,854,589 | C$2,611,023 | C$1,063,012 | C$3,440,298 | C$2,440,210 |
| Exploration and evaluation assets | C$14,130,222 | C$8,415,685 | C$5,786,289 | C$8,234,616 | C$5,881,161 |
| Property, plant and equipment | C$138,956 | C$86,096 | C$29,443 | C$23,152 | C$21,544 |
| Total assets | C$21,123,767 | C$11,112,804 | C$6,878,744 | C$11,698,066 | C$8,342,915 |
| Total liabilities | C$287,602 | C$305,869 | C$325,161 | C$347,540 | C$283,539 |
| Shareholders' equity | C$20,836,165 | C$10,806,935 | C$6,553,583 | C$11,350,526 | C$8,059,376 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY May 2026 | FY May 2025 | FY May 2024 | FY May 2023 | FY May 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$322,616 | C$246,607 | C$121,470 | C$115,606 | C$23,313 |
| General and administrative | C$322,688 | C$255,934 | C$265,803 | C$279,943 | C$294,451 |
| Share-based compensation | C$246,333 | C$827,652 | C$848,678 | C$676,660 | C$76,825 |
| Net income (loss) | (C$1,542,743) | (C$2,010,716) | (C$5,714,746) | (C$1,703,984) | (C$881,066) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY May 2026 | FY May 2025 | FY May 2024 | FY May 2023 | FY May 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$1,241,003) | (C$1,352,981) | (C$860,080) | (C$826,491) | (C$727,027) |
| Investing cash flow | (C$5,861,513) | (C$2,755,606) | (C$1,582,408) | (C$2,550,032) | (C$548,625) |
| Financing cash flow | C$11,325,640 | C$5,436,416 | C$69,125 | C$4,318,474 | C$1,852,691 |
| Exploration spending (capitalized) | (C$5,777,459) | (C$2,690,678) | (C$1,570,999) | (C$2,543,913) | (C$531,235) |
| Proceeds from share issues | C$11,814,469 | C$5,462,882 | C$69,125 | C$4,360,265 | C$1,852,691 |
| Change in cash | C$4,223,124 | C$1,327,829 | (C$2,373,363) | C$941,951 | C$577,039 |
| Cash at end of period | C$6,496,391 | C$2,273,267 | C$945,438 | C$3,318,801 | C$2,376,850 |
Hannan Metals Limited financings
1 financing announced or closed by Hannan Metals Limited, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-11-18 | Hannan Metals Limited (HAN) | LIFE offering, non-brokered | Tranche closed, 1 tranche | $10.5M | $0.750 | Hannan Announces Upsize of Non-Brokered LIFE Offering of Common Shares |