Minaurum Silver Inc (MGG) Financings
TSXV: MGG · Silver · Development stage
- Market cap$139.7M
- Share price$0.270
- 52-week range$0.260 – $0.650
- Shares outstanding517,267,284
- ExchangeTSXV
- Websiteminaurum.com
Minaurum Silver Inc. (TSXV: MGG) (OTCQX: MMRGF) (FSE: 78M0) is an Americas-focused explorer concentrating on the high-grade, 100%-owned, production-permitted Alamos silver project in southern Sonora, Mexico, and the Lone Mountain CRD Project in Nevada, USA. Minaurum is managed by one of the strongest technical and finance teams and will continue its founders' legacy of creating shareholder value by acquiring and developing a pipeline of Tier-One precious- and base-metal projects.
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Minaurum Silver Inc financial statements
Key figures read from 40 of 40 financial statement filings, Dec 13, 2016 to Sep 21, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Apr 2026 | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$19,585,363 | C$1,148,787 | C$617,300 | C$1,503,938 | C$6,316,230 |
| Short-term investments | C$266,919 | C$57,815 | C$122,109 | C$396,853 | C$2,442,175 |
| Total current assets | C$20,210,325* | C$1,288,871* | C$1,073,349* | C$2,078,295* | C$8,877,448* |
| Total current liabilities | C$1,185,333 | C$354,149 | C$530,009 | C$161,264 | C$625,314 |
| Working capital | C$19,024,992 | C$934,722 | C$543,340 | C$1,917,031 | C$8,252,134 |
| Exploration and evaluation assets | C$6,112,158 | C$6,374,132 | C$7,160,946 | C$8,475,460 | C$7,823,211 |
| Total assets | C$26,322,483 | C$7,663,003 | C$8,282,620 | C$10,553,755 | C$16,700,659 |
| Total liabilities | C$86,000 | C$216,000 | C$158,000 | C$201,000 | C$826,314 |
| Shareholders' equity | C$25,051,150 | C$7,092,854 | C$7,594,611 | C$10,191,491 | C$15,874,345 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$14,246,499 | C$3,456,151 | C$778,604 | C$2,558,403 | C$5,017,988 |
| General and administrative | C$431,131 | C$411,507 | C$387,800 | C$446,867 | C$495,126 |
| Share-based compensation | C$363,168 | C$48,757 | C$357,183 | C$1,919,528 | C$2,195,640 |
| Net income (loss) | (C$17,479,425) | (C$5,723,405) | (C$3,733,462) | (C$7,688,889) | (C$6,575,644) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$15,364,783) | (C$4,237,673) | (C$1,572,295) | (C$4,150,135) | (C$6,113,483) |
| Investing cash flow | (C$332,251) | (C$400,948) | (C$96,525) | (C$662,157) | (C$157,910) |
| Financing cash flow | C$34,133,610 | C$5,170,108 | C$782,182 | C$0 | C$8,485,595 |
| Exploration spending (capitalized) | (C$332,251) | (C$408,293) | (C$96,525) | (C$797,584) | (C$327,910) |
| Proceeds from share issues | C$31,682,227 | C$5,170,108 | C$782,182 | C$0 | C$8,390,595 |
| Change in cash | C$18,436,576 | C$531,487 | (C$886,638) | (C$4,812,292) | C$2,214,202 |
| Cash at end of period | C$19,585,363 | C$1,148,787 | C$617,300 | C$1,503,938 | C$6,316,230 |
Minaurum Silver Inc financings
1 financing announced or closed by Minaurum Silver Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-12-11 | Minaurum Silver Inc (MGG) | LIFE offering, brokered | Closed, 1 tranche | $25.0M | $0.360 | Minaurum Gold Inc. Announces Closing of Brokered Private Placement for Gross Proceeds of C$25M, Including Exercise in Full of Agents' Option |