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Lux Metals Corp (LXM) Financials

TSXV: LXM · Gold · Exploration stage

Lux Metals Corp. (TSXV: LXM) is a Canadian mineral exploration company focused on advancing its flagship La Grande Gold Project in Quebec's James Bay region. The Project hosts the high-grade Zone 32 gold system, supported by extensive historic drilling, direct access via the four-season Trans-Taïga Road, and district-scale exploration potential.

Lux Metals Corp financial statements

Key figures read from 39 of 39 financial statement filings, Jan 25, 2017 to Jul 17, 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.

Aug 2025Aug 2024Aug 2023Aug 2022Aug 2021
Cash and equivalentsC$207,927C$3,439C$35,728C$191,069C$736,649
Short-term investmentsC$0C$18,272C$17,524C$17,976—
Total current assetsC$252,201*C$39,829*—C$234,883*C$968,543*
Exploration and evaluation assetsC$155,609C$7,500C$0C$6,953,407C$10,185,329
Total assetsC$407,810C$47,329C$392,122C$7,188,290C$11,153,872
Debt—C$0C$42,000—C$0
Shareholders' equityC$222,878—(C$10,407)C$6,930,012C$11,059,195

* 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 Aug 2025FY Aug 2024FY Aug 2023FY Aug 2022FY Aug 2021
Exploration and evaluation expenseC$24,583————
General and administrativeC$264,435C$153,093C$175,667C$683,747C$1,169,103
Share-based compensationC$106,176—C$0C$270,111C$642,973
Net income (loss)(C$855,046)(C$300,703)(C$6,941,498)(C$8,466,764)(C$2,655,707)

Cash flow statement: annual key figures

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

FY Aug 2025FY Aug 2024FY Aug 2023FY Aug 2022FY Aug 2021
Operating cash flow(C$623,133)(C$340,181)(C$245,576)(C$908,644)(C$2,991,411)
Investing cash flow(C$49,847)C$349,248C$48,887(C$1,679,407)(C$1,773,369)
Financing cash flowC$877,489(C$42,000)C$42,000C$2,046,314C$5,505,676
Exploration spending (capitalized)(C$68,119)(C$243,345)(C$61,795)(C$1,661,761)(C$1,773,369)
Proceeds from share issues(C$7,711)—C$0(C$125,702)(C$247,860)
Change in cashC$204,509(C$32,933)(C$154,689)(C$541,737)C$740,896
Cash at end of periodC$207,927C$3,439C$35,728C$191,069C$736,649

Lux Metals Corp financings

3 financings announced or closed by Lux Metals Corp, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2025-12-10Lux Metals Corp (LXM)Private placement, non-brokeredClosed, 2 tranches$7.8M$0.200Lux Metals Announces $2,500,000 Private Placement, Debt Settlement and Market Maker Agreement
2025-05-07Lux Metals Corp (LXM)Private placement, non-brokeredClosed, 1 tranche$475K$0.060Huntsman Exploration Closes $475,200 Private Placement
2025-02-04Lux Metals Corp (LXM)Private placement, brokeredClosed, 1 tranche$410K$0.030Huntsman Exploration Announces $410,000 Private Placement

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