NorthIsle Copper and Gold Inc. (NCX) Financings
TSXV: NCX · Copper, Gold · Advanced Exploration stage
- Market cap$1.07B
- Share price$3.22
- 52-week range$1.30 – $4.74
- Shares outstanding333,574,651
- ExchangeTSXV
- Websitewww.northisle.ca
Northisle Copper and Gold Inc. is a Vancouver-based company whose vision is to become Canada's leading sustainable mineral resource company for the future. Northisle, through its 100% owned subsidiary North Island Mining Corp., owns the North Island Project, which is one of the most promising copper and gold porphyry projects in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by Northisle on a belt stretching 50 kilometres northwest from the now closed Island Copper Mine operated by BHP Billiton. Since 2021, the Company has discovered two significant deposits, expanded resources, demonstrated the potential of the North Island Project, and is now focused on the development of this compelling project while exploring within this highly prospective land package.
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NorthIsle Copper and Gold Inc. financial statements
Key figures read from 41 of 42 financial statement filings, Nov 29, 2016 to Aug 19, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$32,504,353 | C$9,476,401 | C$7,541,672 | C$5,887,004 | C$5,794,741 |
| Short-term investments | — | — | — | C$0 | — |
| Total current assets | C$33,702,571* | C$9,720,191* | C$7,793,075* | C$6,509,898* | C$6,374,103* |
| Exploration and evaluation assets | C$204,863 | C$10,016,000 | C$10,016,000 | C$10,016,000 | C$10,016,000 |
| Property, plant and equipment | C$297,970 | C$0 | C$10,678 | C$21,357 | C$83,877 |
| Total assets | C$44,669,378 | C$20,081,484 | C$18,001,928 | C$16,716,425 | C$16,643,150 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$13,097,124 | C$7,389,111 | C$5,538,380 | C$5,891,103 | C$4,311,790 |
| General and administrative | C$501,141 | C$345,213 | C$233,564 | C$103,327 | C$59,104 |
| Share-based compensation | C$1,305,442 | C$942,626 | C$815,931 | C$776,015 | C$354,887 |
| Net income (loss) | (C$13,483,659) | (C$9,506,174) | (C$5,348,612) | (C$6,663,366) | (C$5,225,910) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$14,870,902) | (C$9,145,363) | (C$6,514,527) | (C$7,230,555) | (C$5,518,273) |
| Investing cash flow | (C$32,198) | — | C$0 | C$108,170 | (C$391,736) |
| Financing cash flow | C$37,931,051 | C$11,080,092 | C$8,169,195 | C$7,214,648 | C$8,762,039 |
| Property, plant and equipment spending | (C$307,655) | — | — | C$0 | (C$146,396) |
| Proceeds from share issues | C$39,685,842 | — | — | — | — |
| Change in cash | C$23,027,952 | C$1,934,729 | C$1,654,668 | C$92,263 | C$2,852,030 |
| Cash at end of period | C$32,504,353 | — | — | C$5,887,004 | C$5,794,741 |
NorthIsle Copper and Gold Inc. financings
2 financings announced or closed by NorthIsle Copper and Gold Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-02-26 | NorthIsle Copper and Gold Inc. (NCX) | Private placement, brokered | Closed, 1 tranche | $115.0M | $3.05 | Northisle Announces C$100 Million Financing |
| 2025-07-16 | NorthIsle Copper and Gold Inc. (NCX) | Flow-through, LIFE offering, brokered | Closed, 1 tranche | $39.5M | $1.61 | Northisle Announces C$30 Million Financing |