First Atlas Resources Corp. (HHE) Financials
CSE: HHE · Hydrogen · Exploration stage
- Market cap$5.8M
- Share price$0.035
- 52-week range$0.025 – $0.300
- Shares outstanding166,882,500
- ExchangeCSE
- Properties13
- Websitewww.qmetalscorp.com
First Atlas Resources Corp. is a Canadian exploration company focused on the discovery of critical minerals as well as natural hydrogen resources in Nova Scotia and Quebec. The company is currently advancing a systematic exploration program across the Cobequid-Chedabucto structural corridor using modern geological and geophysical targeting methodologies.
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First Atlas Resources Corp. financial statements
Key figures read from 6 of 6 financial statement filings, Jan 8, 2018 to Sep 15, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Apr 2026 | Apr 2025 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|
| Cash and equivalents | C$364,347 | C$46,351 | — | — |
| Total current assets | C$538,018 | C$160,235 | C$336,428 | C$149,885 |
| Exploration and evaluation assets | C$5,722,108 | C$2,686,013 | C$132,990 | C$81,815 |
| Total assets | C$6,260,126 | C$2,846,248 | C$469,418 | C$231,700 |
| Total liabilities | C$1,542,519 | C$1,441,135 | C$43,028 | C$9,761 |
| Shareholders' equity | C$4,717,607 | C$1,405,113 | C$426,390 | C$221,939 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2018 | FY Apr 2017 | |
|---|---|---|---|---|
| General and administrative | C$631,669 | C$1,397,361 | C$178,175 | C$37,333 |
| Share-based compensation | C$958,759 | C$293,731 | C$99,113 | C$37,500 |
| Net income (loss) | (C$2,633,140) | (C$4,220,002) | (C$477,200) | (C$98,182) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Nov 2018 | FY Nov 2017 | |
|---|---|---|---|---|
| Operating cash flow | (C$1,374,831) | (C$1,270,703) | (C$492,305) | (C$87,249) |
| Investing cash flow | (C$1,771,220) | (C$670,965) | — | — |
| Financing cash flow | C$3,464,047 | C$1,987,602 | C$562,538 | C$282,621 |
| Exploration spending (capitalized) | (C$1,831,220) | (C$670,965) | — | — |
| Proceeds from share issues | C$2,328,542 | C$1,987,602 | — | — |
| Change in cash | C$317,996 | C$45,934 | C$39,058 | C$113,557 |
| Cash at end of period | C$364,347 | C$46,351 | C$152,615 | C$113,557 |
No financings are on record for First Atlas Resources Corp. yet.
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