Lexston Mining Corporation (LEXT) Financings
CSE: LEXT · Copper, Gold · Exploration stage
- Market cap$1.3M
- Share price$0.050
- 52-week range$0.030 – $0.340
- Shares outstanding26,238,219
- ExchangeCSE
- Properties4
- Websitelexston.ca
Lexston Mining Corporation is a Canadian mineral exploration company focused on the acquisition and development of mineral projects, with the objective to enhance value to all its stakeholders.
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Lexston Mining Corporation financial statements
Key figures read from 22 of 22 financial statement filings, Sep 24, 2021 to Oct 14, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), 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$126,521 | C$2,322 | C$390,405 | C$510,995 | C$590,494 |
| Total current assets | C$292,869 | C$166,985 | C$453,462 | C$757,670 | C$815,446 |
| Total current liabilities | C$149,232 | C$208,816 | C$39,869 | C$11,207 | C$79,088 |
| Working capital | C$143,637 | (C$41,831) | C$413,593 | C$746,463 | C$736,358 |
| Exploration and evaluation assets | C$598,384 | C$112,500 | C$297,485 | — | — |
| Property, plant and equipment | C$0 | C$1 | C$1 | C$56,631 | C$108,353 |
| Total assets | C$891,254 | C$279,487 | C$750,949 | C$814,302 | C$952,799 |
| Debt | C$8,000 | C$12,000 | — | — | — |
| Shareholders' equity | C$742,022 | C$70,671 | C$711,080 | C$803,095 | C$873,711 |
Income statement: annual key figures
Canadian dollars (C$), 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 | |
|---|---|---|---|---|---|
| Revenue | — | — | — | C$0 | C$361,011 |
| Cost of sales | — | — | — | C$0 | C$119,524 |
| Exploration and evaluation expense | C$29,929 | C$116,432 | C$5,938 | — | — |
| General and administrative | C$454,976 | C$335,626 | C$276,294 | C$530,142 | C$246,568 |
| Share-based compensation | C$309,941 | C$233,750 | C$75,625 | C$129,886 | C$707,199 |
| Impairments and write-downs | — | — | — | C$0 | (C$287,993) |
| Net income (loss) | (C$1,419,784) | (C$1,616,816) | (C$867,713) | (C$1,108,744) | (C$2,320,214) |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$1,104,484) | (C$1,192,740) | (C$523,178) | (C$987,741) | (C$1,401,453) |
| Investing cash flow | (C$61,261) | — | — | C$0 | (C$109,974) |
| Financing cash flow | C$1,289,944 | C$814,657 | C$602,573 | C$908,242 | C$1,152,750 |
| Exploration spending (capitalized) | (C$58,634) | — | — | — | — |
| Property, plant and equipment spending | — | — | — | C$0 | (C$434) |
| Proceeds from share issues | C$1,108,944 | — | — | C$908,242 | C$0 |
| Change in cash | C$124,199 | (C$388,083) | (C$120,590) | (C$79,499) | (C$358,677) |
| Cash at end of period | C$126,521 | C$2,322 | C$390,405 | C$510,995 | C$590,494 |
Lexston Mining Corporation financings
1 financing announced or closed by Lexston Mining Corporation, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-12-24 | Lexston Mining Corporation (LEXT) | Private placement, non-brokered | Closed, 1 tranche | $500K | $0.080 | Lexston announces Private Placement |
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