Kootenay Silver Inc (KTN) Financings
TSXV: KTN · Silver · Advanced Exploration stage
- Market cap$103.3M
- Share price$1.00
- 52-week range$0.950 – $2.83
- Shares outstanding103,348,198
- ExchangeTSXV
- Websitekootenaysilver.com
Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. Supported by one of the largest junior portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The Company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively.
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Kootenay Silver Inc financial statements
Key figures read from 43 of 43 financial statement filings, Nov 29, 2016 to Aug 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$21,418,827 | C$5,367,448 | C$435,367 | C$2,947,564 | C$2,001,444 |
| Short-term investments | C$1,080,736 | C$666,922 | C$1,256,004 | C$3,267,537 | C$537,394 |
| Total current assets | C$22,771,244* | C$6,265,477* | C$2,040,301* | C$8,086,436* | C$4,982,196* |
| Total current liabilities | C$478,116 | C$331,194 | C$438,566 | C$324,531 | C$304,638 |
| Working capital | C$22,293,128 | C$5,934,283 | C$1,601,735 | C$7,761,905 | C$4,677,558 |
| Exploration and evaluation assets | C$35,955,394 | C$28,473,826 | C$19,142,177 | C$13,489,863 | C$82,409,952 |
| Total assets | C$61,328,649 | C$37,262,824 | C$23,538,330 | C$22,510,098 | C$88,748,982 |
| Total liabilities | C$520,502 | C$409,600 | — | — | — |
| Shareholders' equity | C$60,808,147 | C$36,853,224 | C$23,099,764 | C$22,185,567 | C$88,444,344 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$5,971,409 | C$3,746,526 | C$3,484,705 | C$2,318,417 | C$2,332,083 |
| General and administrative | C$3,174,281 | C$1,760,517 | C$1,474,596 | C$1,561,177 | C$1,303,499 |
| Share-based compensation | C$1,615,013 | C$977,642 | — | — | — |
| Impairments and write-downs | — | — | — | — | C$121,510 |
| Net income (loss) | (C$6,365,345) | (C$4,442,945) | (C$4,435,436) | (C$77,900,130) | (C$4,820,463) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$4,382,343)* | (C$3,630,546)* | (C$3,182,847)* | (C$4,287,270)* | (C$3,174,520)* |
| Investing cash flow | (C$7,869,235)* | (C$6,588,430)* | (C$2,675,141)* | (C$5,181,658)* | — |
| Financing cash flow | — | — | — | — | C$412,061* |
| Exploration spending (capitalized) | (C$7,836,006) | (C$6,904,541) | (C$4,284,689) | (C$4,986,963) | — |
| Change in cash | C$16,051,379 | C$4,932,081 | (C$2,512,197) | C$946,120 | (C$8,438,199) |
| Cash at end of period | C$21,418,827 | C$5,367,448 | C$435,367 | C$2,947,564 | C$2,001,444 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Kootenay Silver Inc financings
1 financing announced or closed by Kootenay Silver Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-02-10 | Kootenay Silver Inc (KTN) | LIFE offering, bought deal | Closed, 1 tranche | $18.0M | $2.25 | Kootenay Silver Announces Closing of Bought Deal LIFE Private Placement for Gross Proceeds of C$18 Million |