iMetal Resources Inc. (IMR) Financings
TSXV: IMR · Gold · Exploration stage
- Market cap$13.4M
- Share price$0.185
- 52-week range$0.080 – $0.320
- Shares outstanding72,489,693
- ExchangeTSXV
- Websitewww.imetalresources.ca
iMetal is a Canadian junior exploration company focused on gold and critical mineral resource properties in Ontario and Quebec. Its flagship property, Gowganda West, is an exploration-stage gold project located near McFarlane Lake Mining Limited's Juby Project in the Shining Tree Camp area of the southern Abitibi Greenstone Gold Belt, about 100 km south-southeast of the Timmins Gold Camp. Drilling in the project's West Zone, announced in February 2026, returned 278.35 m at 0.424 g/t gold in hole IMGW-25-06, including 62.25 m at 0.61 g/t gold and 16.65 m at 1.24 g/t gold, complementing the 2023 discovery hole of 48.5 m at 0.85 g/t gold. Gowganda West is also contiguous with the Knight project, part of the strategic partnership between Orecap Invest Corp. and Agnico Eagle Mines Ltd. Carheil is an exploration-stage project with multi-metal potential and previous graphite results, located about 170 km north of Rouyn-Noranda in the Northern Abitibi Greenstone Belt.
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iMetal Resources Inc. financial statements
Key figures read from 38 of 38 financial statement filings, Oct 28, 2016 to Sep 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), 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$12,330 | C$157,878 | C$12,369 | C$893,539 | C$1,984,495 |
| Total current assets | C$210,715* | C$237,135* | C$85,448* | C$1,134,151* | C$2,071,045* |
| Exploration and evaluation assets | C$7,038,230 | C$6,542,639 | C$5,705,729 | C$6,281,856 | C$4,379,954 |
| Property, plant and equipment | C$0 | C$2,906 | C$4,150 | C$5,928 | C$8,469 |
| Total assets | C$7,248,945 | C$6,782,680 | C$5,795,327 | C$7,421,935 | C$6,459,468 |
| Total liabilities | C$805,763 | C$1,749,650 | C$678,824 | C$402,728 | C$244,538 |
| Shareholders' equity | C$6,443,182 | C$5,033,030 | C$5,116,503 | C$7,019,207 | C$6,214,930 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY May 2026 | FY May 2025 | FY May 2024 | FY May 2023 | FY May 2022 | |
|---|---|---|---|---|---|
| General and administrative | C$656,593 | C$643,871 | C$422,158 | C$466,905 | C$396,297 |
| Share-based compensation | C$584,794 | C$139,054 | C$22,946 | C$116,879 | C$412,121 |
| Impairments and write-downs | C$2,252 | — | — | — | — |
| Net income (loss) | (C$1,888,608) | (C$1,113,832) | (C$2,264,170) | (C$2,145,220) | (C$1,656,691) |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$1,340,713) | (C$606,985) | (C$826,067) | (C$2,333,242) | (C$1,362,354) |
| Investing cash flow | (C$1,518,801) | (C$138,811) | (C$393,623) | (C$1,798,957) | (C$374,074) |
| Financing cash flow | C$2,713,966 | C$891,305 | C$338,520 | C$3,041,243 | C$2,838,452 |
| Exploration spending (capitalized) | (C$1,518,801) | (C$138,811) | (C$393,623) | (C$1,798,957) | (C$374,074) |
| Proceeds from share issues | C$2,935,306 | C$670,003 | C$364,000 | C$1,883,250 | (C$161,548) |
| Change in cash | (C$145,548) | C$145,509 | (C$881,170) | (C$1,090,956) | C$1,102,024 |
| Cash at end of period | C$12,330 | C$157,878 | C$12,369 | C$893,539 | C$1,984,495 |
iMetal Resources Inc. financings
6 financings announced or closed by iMetal Resources Inc., read by Mining News Terminal, newest first.
iMetal Resources Inc. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments iMetal Resources Inc. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2012-01-06 | Loan, repaid / settled | — | C$395,631 | — |