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Harfang Exploration Inc (HAR) Financings

TSXV: HAR · Gold · Exploration stage

Harfang is a discovery-driven mineral exploration company focused on identifying and advancing high-potential ore deposits in Québec and Ontario. The Company leverages rigorous geoscience, disciplined capital deployment, and a partnership-oriented mindset to maximize discovery potential. Harfang is run by a team of enthusiastic industry professionals with varied experience and a proven track record. In November 2024, Harfang completed the acquisition of NewOrigin Gold Corp., consolidating high-quality gold assets, including properties in the Pickle Lake and Abitibi regions. Harfang is committed to sustainable exploration practices, engaging closely with local stakeholders, and prioritizing environmental stewardship.

Harfang Exploration Inc financial statements

Key figures read from 40 of 40 financial statement filings, Feb 28, 2017 to Sep 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.

Jan 2026Jan 2025Jan 2024Jan 2023Jan 2022
Cash and equivalentsC$2,089,130C$3,916,888C$6,427,920C$7,413,806C$7,264,839
Total current assetsC$2,312,046*C$4,088,657*C$7,069,181*C$7,897,596*C$7,385,602*
Exploration and evaluation assetsC$11,640,801C$11,578,788C$9,185,775C$9,101,236C$1,038,842
Total assetsC$14,271,077C$15,863,799C$16,591,437C$17,186,332C$8,924,540
Total liabilitiesC$496,089C$340,338C$721,642C$198,687C$931,353
Shareholders' equityC$13,774,988C$15,523,461C$15,869,795C$16,987,645C$7,993,187

* 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 Jan 2026FY Jan 2025FY Jan 2024FY Jan 2023FY Jan 2022
Exploration and evaluation expenseC$1,812,567C$1,134,669—C$2,180,027C$3,533,597
General and administrativeC$731,160C$873,215C$604,391C$616,006C$300,307
Share-based compensationC$0C$133,900C$52,000C$235,800C$291,810
Impairments and write-downsC$17,339————
Net income (loss)(C$2,562,069)(C$2,135,328)(C$2,193,547)(C$3,533,961)(C$3,407,060)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Jan 2026FY Jan 2025FY Jan 2024FY Jan 2023FY Jan 2022
Operating cash flow(C$2,798,902)(C$2,029,222)(C$2,780,075)(C$4,142,849)(C$4,088,091)
Investing cash flow(C$100,700)(C$1,002,131)(C$64,982)C$252,266(C$356,183)
Financing cash flowC$1,071,844C$520,321C$1,859,171C$4,039,550C$3,026,060
Exploration spending (capitalized)(C$373,575)(C$191,098)(C$185,144)(C$377,256)(C$45,586)
Proceeds from share issuesC$1,106,442C$556,765C$1,888,287C$4,069,550C$2,384,060
Change in cash(C$1,827,758)(C$2,511,032)(C$985,886)C$148,967(C$1,418,214)
Cash at end of periodC$2,089,130C$3,916,888C$6,427,920C$7,413,806C$7,264,839

Harfang Exploration Inc financings

1 financing announced or closed by Harfang Exploration Inc, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-07-24Harfang Exploration Inc (HAR)Flow-through, private placement, non-brokeredClosed, 1 tranche$750K$0.050Harfang Completes Non-Brokered Private Placement

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