Kirkland Lake Discoveries Corp (KLDC) Financings
TSXV: KLDC · Unspecified · Exploration stage
- Market cap$66.1M
- Share price$0.315
- 52-week range$0.145 – $0.670
- Shares outstanding209,927,077
- ExchangeTSXV
- Websitekirklandlakediscoveries.com
Kirkland Lake Discoveries Corp. (TSXV: KLDC) (OTCQB: KLKLF) has assembled a 420 km 2 exploration portfolio in the Kirkland Lake region of Ontario's Abitibi Greenstone Belt, one of the most prolific mining districts in the world. The Company's properties span key fault zones, geophysical anomalies and volcanic-sedimentary contacts within the Blake River Group, a highly prospective assemblage known to host both gold and polymetallic massive-sulphide deposits. With exploration permits in place, KLDC is positioned to advance a pipeline of drill-ready targets at KL South, KL West and KL East, supported by anomalous soil trends, historical mineral showings and structurally controlled intersections.
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Kirkland Lake Discoveries Corp financial statements
Key figures read from 40 of 40 financial statement filings, Nov 15, 2016 to Aug 12, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$2,428,959 | C$1,552,711 | C$3,246,345 | C$70,634 | C$251,707 |
| Short-term investments | C$6,051,411 | — | — | — | — |
| Total current assets | C$9,290,737 | C$1,630,269 | C$3,414,791 | C$99,161 | C$635,481 |
| Total current liabilities | C$2,270,847 | C$322,084 | C$417,239 | C$504,407 | C$379,602 |
| Working capital | C$7,019,890 | C$1,308,185 | C$2,997,552 | (C$405,246) | C$255,879 |
| Exploration and evaluation assets | C$19,866,962 | C$10,073,058 | C$10,035,964 | C$5,323,780 | C$5,254,260 |
| Property, plant and equipment | C$548,353 | C$25,704 | C$31,528 | — | — |
| Total assets | C$29,808,052 | C$11,729,031 | C$13,482,283 | C$5,424,100 | C$5,897,858 |
| Debt | — | — | C$0 | C$2,313 | C$2,414 |
| Total liabilities | — | C$322,084 | C$417,239 | — | — |
| Shareholders' equity | C$27,537,205 | C$11,406,947 | C$13,065,044 | C$4,919,693 | C$5,516,013 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$4,869,037 | C$2,110,029 | C$2,233,338 | C$630,162 | C$851,555 |
| General and administrative | C$975,019 | C$728,992 | C$681,958 | C$319,759 | C$313,612 |
| Share-based compensation | C$2,284,323 | C$128,525 | C$530,129 | C$44,000 | C$239,463 |
| Net income (loss) | C$1,398,651 | C$379,418 | C$213,004 | (C$1,044,306) | (C$1,468,937) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$5,551,115) | (C$2,907,019) | (C$3,729,930) | (C$657,131) | (C$1,728,568) |
| Investing cash flow | (C$6,632,799) | (C$37,094) | (C$135,272) | (C$22,520) | (C$25,749) |
| Financing cash flow | C$13,060,162 | C$1,250,479 | C$7,040,913 | C$498,578 | C$1,596,490 |
| Exploration spending (capitalized) | (C$80,790) | (C$37,094) | (C$101,702) | (C$22,520) | (C$25,749) |
| Proceeds from share issues | C$12,721,317 | C$1,341,200 | C$7,848,007 | — | — |
| Change in cash | C$876,248 | (C$1,693,634) | C$3,175,711 | (C$181,073) | (C$157,827) |
| Cash at end of period | C$2,428,959 | C$1,552,711 | C$3,246,345 | C$70,634 | C$251,707 |
Kirkland Lake Discoveries Corp financings
3 financings announced or closed by Kirkland Lake Discoveries Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-10-08 | Kirkland Lake Discoveries Corp (KLDC) | Flow-through, brokered | Closed, 1 tranche | $20.0M | $0.400 | Kirkland Lake Discoveries Corp. Closes Upsized $20M Brokered Private Placement Led by Eric Sprott |
| 2025-09-25 | Kirkland Lake Discoveries Corp (KLDC) | Flow-through, non-brokered | Upsized | $14.0M | $0.300 | Kirkland Lake Discoveries Corp. Announces Upsizing of Private Placement to $10M |
| 2024-12-17 | Kirkland Lake Discoveries Corp (KLDC) | Flow-through, non-brokered | Closed, 1 tranche | $1.6M | $0.070 | Kirkland Lake Discoveries Corp. Announces Private Placement |