MiningNewsTerminal SEDITracker TheDeepDive

Log In

Don't have an account? Sign up

Myriad Uranium Corp. (M) Financials

CSE: M · Uranium, Copper · Exploration stage

Myriad Uranium Corp. is a uranium exploration company with a 100% interest in the Copper Mountain Uranium Project in Wyoming, USA. Copper Mountain hosts several known uranium deposits and historic uranium mines, including the Arrowhead Mine which produced 500,000 lbs of eU3O8. Copper Mountain saw extensive drilling and development by Union Pacific, which developed a mine plan and built a leach pad for one of the deposits at Copper Mountain. Operations ceased in 1980 before mining could commence due to falling uranium prices. Approximately 2,000 boreholes have been drilled at Copper Mountain and the project area has significant exploration upside.  Union Pacific is estimated to have spent C$117 million (2024 dollars) exploring and developing Copper Mountain, generating significant historical resource estimates. Myriad also holds a 10% free carried interest in the Red Basin Uranium Project, recently sold to 8VC- and Overmatch-backed Subatomic Industries. Red Basin carries significant historical resource estimates from extensive drilling by Occidental Oil in the late 1970s, and also hosts vanadium, which has been designated a strategic and critical mineral by the U.S. government. Myriad’s 100%-owned Breccia Pipe Project in Arizona comprises at least 23 breccia pipes that are prospective for uranium and REEs. One of the pipes, the Wate Pipe, was previously owned and explored by Energy Fuels and is the subject of a historical resource estimate. The Breccia Pipe Project has been optioned by Myriad to Wedgemount Resources. Note: A qualified person has not done sufficient work to classify the Copper Mountain, Red Basin, and Breccia Pipe Project historical estimates as current mineral resources or mineral reserves, and Myriad is not treating those historical estimates as current mineral resources or mineral reserves. Myriad intends to conduct further work to determine whether the historical estimates can be verified and, if appropriate, supported by current mineral resource estimates. For further information, please refer to Myriad’s disclosure record on SEDAR+ (www.sedarplus.ca), contact Myriad by telephone at +1.604.418.2877, or refer to Myriad’s website at www.myriaduranium.com.

Myriad Uranium Corp. financial statements

Key figures read from 25 of 25 financial statement filings, Aug 26, 2020 to Sep 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.

Apr 2026Apr 2025Apr 2024Apr 2023Apr 2022
Cash and equivalentsC$8,808,112C$1,538,218C$324,433C$978,750C$1,313,933
Total current assetsC$10,104,530*C$1,791,481*C$437,382*C$1,172,286*—
Exploration and evaluation assetsC$1,708,639C$1,933,247C$326,174C$1,517,250C$0
Total assetsC$12,151,044C$4,004,352C$763,556C$2,689,536C$1,363,639
Total liabilitiesC$365,783C$321,604C$196,238C$42,443C$28,063
Shareholders' equityC$11,785,261C$3,682,748C$567,318C$2,647,093C$1,335,576

* 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 Apr 2026FY Apr 2025FY Apr 2024FY Apr 2023FY Apr 2022
Exploration and evaluation expenseC$1,609,049C$5,198,074C$958,283C$201,344C$0
General and administrativeC$2,822,608C$1,799,940C$899,139C$573,828C$155,475
Share-based compensationC$1,444,010C$1,274,233C$249,675C$639,950C$0
Impairments and write-downs———C$0(C$134,064)
Net income (loss)(C$6,089,983)(C$8,453,181)(C$3,684,358)(C$1,498,575)(C$331,243)

Cash flow statement: annual key figures

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

FY Apr 2026FY Apr 2025FY Apr 2024FY Apr 2023FY Apr 2022
Operating cash flow(C$5,024,344)*—(C$1,683,051)*—(C$209,182)
Investing cash flow(C$454,248)*—(C$228,218)*—(C$34,000)
Financing cash flowC$12,748,486*—C$1,256,952*—C$2,450
Exploration spending (capitalized)(C$395,997)—(C$228,218)——
Proceeds from share issuesC$10,434,253—C$1,193,702——
Change in cashC$7,269,894—(C$654,317)—(C$172,732)
Cash at end of periodC$8,808,112C$1,538,218C$324,433C$978,750C$1,313,933

* Calculated from the statement's own lines: the company did not print this total with a label.

Myriad Uranium Corp. financings

5 financings announced or closed by Myriad Uranium Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2025-11-03Myriad Uranium Corp. (M)LIFE offering, bought dealClosed, 1 tranche$8.6M$0.400Myriad Uranium Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$6.0 Million
2025-08-20Myriad Uranium Corp. (M)Private placement, non-brokeredClosed, 1 tranche$595K$0.250Myriad Uranium to Conduct Minor Follow-On Financing
2025-06-12Myriad Uranium Corp. (M)Private placement, non-brokeredClosed, 1 tranche$1.9M$0.250Myriad Uranium Announces Private Placement
2024-11-22Myriad Uranium Corp. (M)Private placement, non-brokeredClosed, 1 tranche$3.0M$0.400Myriad Uranium Announces Private Placement and Appointment of Simon Clarke as Chair of the Board of Directors
2024-06-12Myriad Uranium Corp. (M)Private placement, non-brokeredClosed, 3 tranches$5.9M$0.250Myriad Uranium Announces Private Placement

Related lists

Browse MineTerminal Pro

Explore mining stocks: Gold stocks Copper stocks Silver stocks Lithium stocks Uranium stocks Nickel stocks Canada British Columbia Ontario United States Quebec Insider buying Top drill results All lists