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First Atlas Resources Corp. (HHE) Financings

CSE: HHE · Hydrogen · Exploration stage

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.

First Atlas Resources Corp. financial statements

Key figures read from 3 of 3 financial statement filings, Jan 8, 2018 to Aug 20, 2018. 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 2018Apr 2017
Total current assetsC$336,428C$149,885
Exploration and evaluation assetsC$132,990C$81,815
Total assetsC$469,418C$231,700
Total liabilitiesC$43,028C$9,761
Shareholders' equityC$426,390C$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 2018FY Apr 2017
General and administrativeC$178,175C$37,333
Share-based compensationC$99,113C$37,500
Net income (loss)(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 Nov 2018FY Nov 2017
Operating cash flow(C$492,305)(C$87,249)
Financing cash flowC$562,538C$282,621
Change in cashC$39,058C$113,557
Cash at end of periodC$152,615C$113,557

First Atlas Resources Corp. financings

1 financing announced or closed by First Atlas Resources Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2025-11-10First Atlas Resources Corp. (HHE)Flow-throughTranche closed, 2 tranches$350K$0.090Q Precious & Battery Metals Corp. Announces Closing of Second Tranche of Private Placement

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