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Irving Resources Inc. (IRV) Financings

CSE: IRV · Silica · Exploration stage

Irving Resources Inc. (Irving) is a Canadian-based mineral exploration company with interests in Japan. In 2016, Irving incorporated a wholly-owned subsidiary in Japan named, Irving Resources Japan GK which enables Irving to acquire and hold exploration and mining projects in Japan. Irving is focused on identifying high-silica, high-grade epithermal vein mineralization that could potentially be suitable for use as smelter flux in the operating base metals smelters across Japan.

Irving Resources Inc. financial statements

Key figures read from 3 of 3 financial statement filings, Jun 28, 2017 to Jul 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.

Feb 2026Feb 2025Feb 2017Feb 2016
Cash and equivalentsC$6,087,988C$3,087,356C$6,591,461C$698,124
Total current assetsC$6,530,112*C$4,015,100*C$6,620,545*C$753,269*
Total current liabilitiesC$1,048,367C$911,788C$174,451C$47,624
Working capitalC$5,481,745C$3,103,312C$6,446,094C$705,645
Exploration and evaluation assetsC$40,084,350C$40,050,138C$2,473,195C$1,580,598
Property, plant and equipmentC$1,714,532C$1,965,330C$5,493C$7,026
Total assetsC$50,617,971C$46,797,732C$9,099,233C$2,340,893
Total liabilitiesC$1,081,587C$958,315——
Shareholders' equityC$49,536,384C$45,839,417C$8,924,782C$2,293,269

* 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 Feb 2026FY Feb 2025FY Feb 2017FY Aug 2016
General and administrativeC$755,226C$543,688C$185,786C$39,396
Share-based compensationC$200,938C$270,904C$190,643C$2,746
Net income (loss)(C$1,636,368)(C$5,053,911)(C$748,170)(C$170,246)

Cash flow statement: annual key figures

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

FY Feb 2026FY Feb 2025FY Feb 2017FY Feb 2016
Operating cash flow(C$424,968)(C$1,292,566)(C$521,760)(C$213,912)
Investing cash flow(C$1,508,478)(C$1,167,428)(C$773,943)C$463,260
Financing cash flowC$4,985,030C$953,633C$7,189,040C$448,776
Exploration spending (capitalized)(C$980,391)(C$1,041,809)(C$773,943)(C$38,519)
Change in cashC$3,000,632(C$1,647,544)C$5,893,337C$698,124
Cash at end of periodC$6,087,988C$3,087,356C$6,591,461C$698,124

Irving Resources Inc. financings

1 financing announced or closed by Irving Resources Inc., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-01-22Irving Resources Inc. (IRV)Private placement, non-brokeredClosed, 2 tranches$4.0M$0.250Irving Resources Reports Non-Brokered Private Placement

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