North Shore Uranium Ltd. (NSU) Financings
TSXV: NSU · Uranium · Exploration stage
- Market cap$16.1M
- Share price$0.180
- 52-week range$0.120 – $0.325
- Shares outstanding89,533,730
- ExchangeTSXV
- Websitewww.northshoreuranium.com
The nuclear power industry is undergoing increased development to meet CO 2 emission-reduction goals and the needs of new power-intensive technologies like AI. In this environment, discoveries of uranium deposits may be significant, especially in established uranium-producing jurisdictions like Saskatchewan and New Mexico. North Shore is focused on advancing exploration for uranium deposits at Rio Puerco in the Grants Uranium District of New Mexico and its Falcon and West Bear properties at the eastern margin of the Athabasca Basin in Saskatchewan. In addition, the Company continues to evaluate quality opportunities in the United States and Canada to complement its portfolio of uranium properties.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
North Shore Uranium Ltd. financial statements
Key figures read from 19 of 19 financial statement filings, Apr 14, 2022 to Aug 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$2,223,740 | C$137,313 | C$1,425,950 | C$601,553 | C$290,059 |
| Total current assets | C$2,266,316* | C$163,553* | C$1,814,874* | — | — |
| Total current liabilities | C$53,309 | — | — | — | — |
| Working capital | C$2,213,007 | — | — | — | — |
| Exploration and evaluation assets | C$1,898,516 | C$700,000 | C$450,000 | — | — |
| Total assets | C$4,225,719 | C$913,344 | C$2,508,110 | C$608,068 | C$293,698 |
| Debt | — | — | C$0 | — | — |
| Total liabilities | — | C$94,618 | C$71,941 | C$63,943 | C$44,759 |
| Shareholders' equity | C$4,172,410 | C$94,618 | C$76,058 | C$544,125 | C$248,939 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), 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$290,517 | C$725,745 | C$113,939 | — | — |
| General and administrative | C$488,231 | C$432,486 | C$199,044 | C$16,891 | C$12,713 |
| Share-based compensation | C$361,093 | — | — | C$30,948 | C$64,267 |
| Net income (loss) | (C$1,164,429) | (C$1,765,826) | (C$4,171,564) | (C$139,062) | (C$175,328) |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$856,714) | (C$1,375,815) | (C$989,852) | (C$91,806) | (C$69,941) |
| Investing cash flow | (C$291,443) | C$84,678 | (C$164,300) | — | — |
| Financing cash flow | C$3,234,584 | C$2,500 | C$2,413,742 | C$403,300 | C$360,000 |
| Exploration spending (capitalized) | (C$230,556) | (C$100,000) | (C$150,000) | — | — |
| Proceeds from share issues | C$3,286,596 | C$0 | C$2,329,268 | — | — |
| Change in cash | C$2,086,427 | (C$1,288,637) | C$1,259,590 | C$311,494 | C$290,059 |
| Cash at end of period | C$2,223,740 | C$137,313 | C$1,425,950 | C$601,553 | C$290,059 |
North Shore Uranium Ltd. financings
2 financings announced or closed by North Shore Uranium Ltd., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-12-11 | North Shore Uranium Ltd. (NSU) | Private placement, non-brokered | Closed, 1 tranche | $3.2M | $0.250 | North Shore Announces Non-Brokered Private Placement |
| 2025-08-07 | North Shore Uranium Ltd. (NSU) | Flow-through, private placement, non-brokered | Closed, 1 tranche | $1.4M | $0.050 | North Shore Announces Non-Brokered Private Placement |
North Shore Uranium Ltd. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments North Shore Uranium Ltd. 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 |
|---|---|---|---|---|
| 2023-04-06 | Credit facility, closed / funded (company lending) | to North Shore Energy Metals Ltd | C$250,000 | — |