Nickel 28 Capital Corp (NKL) Financings
TSXV: NKL · Nickel, Cobalt · Production stage
- Market cap$90.6M
- Share price$1.06
- 52-week range$0.670 – $1.29
- Shares outstanding85,479,321
- ExchangeTSXV
- Websitenickel28.com
Nickel 28 Capital Corp. is a nickel-cobalt producer through its 8.56% joint-venture interest in the producing, long-life Ramu Nickel-Cobalt Operation located in Papua New Guinea. Ramu provides Nickel 28 with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles. In addition, Nickel 28 manages a portfolio of 10 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea.
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Nickel 28 Capital Corp financial statements
Key figures read from 27 of 27 financial statement filings, Jun 15, 2020 to Sep 21, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$9,084,694 | US$8,057,730 | US$7,833,594 | US$2,368,289 | US$3,961,614 |
| Short-term investments | — | — | US$29,857 | US$22,472 | US$114,003 |
| Total current assets | US$11,572,571* | US$9,736,705* | US$11,127,866* | US$12,376,408* | US$7,781,239* |
| Total current liabilities | US$10,278,944 | US$5,671,868 | US$9,506,098 | — | US$13,204,667 |
| Working capital | US$1,293,627 | US$4,064,837 | US$1,621,768 | — | (US$5,423,428) |
| Property, plant and equipment | US$23,420 | US$24,064 | US$28,749 | — | US$37,060 |
| Total assets | US$123,956,302 | US$130,944,068 | US$141,736,871 | US$154,719,739 | US$160,126,786 |
| Debt | US$31,852,817 | US$36,539,499 | US$44,094,791 | US$55,817,051 | US$73,398,024 |
| Total liabilities | US$43,330,144 | US$48,445,162 | US$55,137,641 | US$21,659,544 | US$76,508,660 |
| Shareholders' equity | US$80,626,158 | US$82,498,906 | US$86,599,230 | — | US$83,618,126 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
US dollars (US$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jan 2026 | FY Jan 2025 | FY Jan 2024 | FY Jan 2023 | FY Jan 2022 | |
|---|---|---|---|---|---|
| General and administrative | US$402,397 | US$638,576 | US$507,528 | US$730,421 | US$664,790 |
| Share-based compensation | US$24,720 | (US$498,214) | US$2,582,383 | US$2,262,211 | US$2,975,941 |
| Impairments and write-downs | — | (US$38,072) | — | — | — |
| Net income (loss) | (US$1,060,991) | (US$1,927,755) | (US$6,184,235) | US$6,110,818 | US$11,174,545 |
Cash flow statement: annual key figures
US dollars (US$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jan 2026 | FY Jan 2025 | FY Jan 2024 | FY Jan 2023 | FY Jan 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (US$620,993) | (US$5,710,184) | (US$8,367,823) | (US$7,136,311) | (US$5,702,829) |
| Investing cash flow | US$2,522,448 | US$7,012,618 | US$14,511,324 | US$6,928,049 | US$3,179,672 |
| Financing cash flow | (US$874,491) | (US$1,078,298) | (US$678,196) | (US$1,385,063) | US$110,975 |
| Property, plant and equipment spending | (US$2,469) | — | — | (US$3,893) | (US$3,465) |
| Change in cash | US$1,026,964 | US$224,136 | US$5,465,305 | (US$1,593,325) | (US$2,412,182) |
| Cash at end of period | US$9,084,694 | US$8,057,730 | US$7,833,594 | US$2,368,289 | US$3,961,614 |
No financings are on record for Nickel 28 Capital Corp yet.
Nickel 28 Capital Corp debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Nickel 28 Capital Corp has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2022-10-31 | Loan, repaid / settled | — | — | — |
| 2022-06-01 | Loan, repaid / settled | — | US$38M | — |