Metalex Ventures Ltd. (MTX) Financings
TSXV: MTX · Unspecified · Exploration stage
- Market cap$4.2M
- Share price$0.015
- 52-week range$0.005 – $0.020
- Shares outstanding282,670,854
- ExchangeTSXV
- Websitemetalexventures.com
Metalex Ventures Ltd is engaged in the acquisition, exploration, and development of mineral properties. The company's principal projects in Canada are in Quebec and northern Ontario (U2). Its overseas projects are located in South Africa, Morocco and Mali.
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Metalex Ventures Ltd. financial statements
Key figures read from 39 of 39 financial statement filings, Dec 14, 2016 to Sep 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Apr 2026 | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$326,150 | C$1,118,058 | C$422,113 | C$2,323,345 | C$739,733 |
| Short-term investments | C$5,000 | C$5,000 | C$5,000 | C$5,000 | C$5,000 |
| Total current assets | C$358,846* | C$1,147,348* | C$458,054* | C$2,375,698* | C$781,743* |
| Total current liabilities | C$2,721,784 | C$3,048,159 | C$2,402,492 | C$2,113,997 | C$1,605,329 |
| Working capital | (C$2,362,938) | (C$1,900,811) | (C$1,944,438) | C$261,701 | (C$823,586) |
| Exploration and evaluation assets | C$312,500 | C$312,500 | C$312,500 | C$312,500 | C$312,500 |
| Property, plant and equipment | C$5,627 | — | C$0 | C$344 | C$802 |
| Total assets | C$7,341,671 | C$8,455,569 | C$6,581,052 | C$8,421,932 | C$6,793,523 |
| Shareholders' equity | C$4,619,887 | C$5,407,410 | C$4,178,560 | C$6,307,935 | C$5,188,194 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), 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$1,498,991 | C$593,606 | C$2,737,734 | C$952,250 | C$1,844,857 |
| General and administrative | C$79,946 | C$127,254 | C$171,124 | C$112,119 | C$74,863 |
| Share-based compensation | (C$19,040) | (C$13,040) | (C$5,040) | C$108,794 | (C$217,118) |
| Net income (loss) | (C$828,483) | C$429,094 | (C$2,568,455) | (C$1,217,608) | C$1,587,112 |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$1,785,780) | (C$266,851) | (C$2,389,352) | (C$520,275) | (C$1,776,273) |
| Investing cash flow | (C$993,872) | — | — | C$0 | C$251,070 |
| Financing cash flow | C$0 | C$962,796 | C$488,120 | C$2,103,887 | C$0 |
| Exploration spending (capitalized) | — | — | — | C$0 | (C$24,000) |
| Change in cash | (C$791,908) | C$695,945 | (C$1,901,232) | C$1,583,612 | (C$1,525,203) |
| Cash at end of period | C$326,150 | C$1,118,058 | C$422,113 | C$2,323,345 | C$739,733 |
Metalex Ventures Ltd. financings
2 financings announced or closed by Metalex Ventures Ltd., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2024-12-16 | Metalex Ventures Ltd. (MTX) | Flow-through, non-brokered | Closed, 1 tranche | $1.1M | $0.025 | Metalex Announces Private Placement |
| 2023-07-21 | Metalex Ventures Ltd. (MTX) | Flow-through, private placement, non-brokered | Closed, 1 tranche | $520K | $0.050 | Metalex Announces Private Placement and Return to Quebec Project |