NorthWest Copper (NWST) Financings
TSXV: NWST · Copper, Gold · Advanced Exploration stage
- Market cap$76.1M
- Share price$0.255
- 52-week range$0.210 – $0.485
- Shares outstanding298,346,582
- ExchangeTSXV
- Websitenorthwestcopper.ca
NorthWest is a copper-gold exploration and development company with a pipeline of advanced and early-stage projects in British Columbia, including Kwanika-Stardust, Lorraine-Top Cat and East Niv. With a robust portfolio in an established mining jurisdiction, NorthWest is well positioned to participate in strengthening global copper and gold markets. The Company is committed to responsible mineral exploration, working collaboratively with First Nations to help ensure future development incorporates stewardship best practices and respects traditional land use.
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NorthWest Copper financial statements
Key figures read from 38 of 38 financial statement filings, Oct 25, 2016 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Jan 2024 | Dec 2023 | Dec 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$811,989 | C$280,174 | C$231,037 | C$231,037 | C$378,353 |
| Short-term investments | C$30,000 | C$30,000 | C$30,000 | C$30,000 | C$30,000 |
| Total current assets | C$521,346 | C$78,994,037 | C$515,850 | C$78,962,023 | C$79,050,375 |
| Total current liabilities | C$1,265,894 | C$603,036 | C$1,236,258 | C$1,236,258 | C$1,840,839 |
| Working capital | (C$744,548) | C$78,391,001 | (C$720,408) | C$77,725,765 | C$77,209,536 |
| Exploration and evaluation assets | — | C$78,460,098 | — | C$78,446,173 | C$78,435,042 |
| Property, plant and equipment | C$17,468 | C$23,301 | C$33,212 | C$33,212 | C$132,695 |
| Total assets | C$2,161,580 | C$80,258,586 | C$2,630,022 | C$81,076,195 | C$81,411,780 |
| Debt | — | — | — | — | C$0 |
| Total liabilities | C$1,661,255 | C$930,536 | C$1,563,758 | C$1,563,758 | C$2,168,339 |
| Shareholders' equity | C$500,325 | C$79,328,050 | C$1,066,264 | C$79,512,437 | C$79,243,441 |
Income statement: annual key figures
Canadian dollars (C$), 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$3,832,134 | C$1,422,399 | C$1,719,083 | C$21,355,661 | C$6,970,571 |
| General and administrative | C$246,693 | C$374,476 | C$459,794 | C$2,208,319 | C$2,450,498 |
| Share-based compensation | C$114,797 | C$3,865 | C$931,124 | C$2,745,441 | C$4,718,735 |
| Impairments and write-downs | C$0 | (C$258,575) | (C$143,144) | — | C$0 |
| Net income (loss) | (C$5,172,962) | (C$3,691,281) | (C$7,383,905) | (C$21,429,908) | (C$16,328,716) |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$4,620,973) | (C$4,275,475) | (C$5,657,527) | (C$24,312,307) | (C$12,377,070) |
| Investing cash flow | C$89,080 | (C$236,142) | C$51,480 | (C$286,078) | C$4,729,552 |
| Financing cash flow | C$5,063,708 | C$4,560,754 | C$5,458,731 | C$293,780 | C$31,818,629 |
| Exploration spending (capitalized) | — | (C$220,000) | (C$54,775) | (C$72,372) | (C$60,006) |
| Property, plant and equipment spending | — | — | C$0 | (C$37,670) | (C$6,487) |
| Proceeds from share issues | C$4,983,708 | C$4,560,754 | C$5,546,325 | C$0 | C$31,070,850 |
| Change in cash | C$531,815 | C$49,137 | (C$147,316) | (C$24,304,605) | C$24,171,111 |
| Cash at end of period | C$811,989 | C$280,174 | C$231,037 | C$378,353 | C$24,682,958 |
NorthWest Copper financings
1 financing announced or closed by NorthWest Copper, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-04-13 | NorthWest Copper (NWST) | Flow-through, brokered | Closed, 1 tranche | $13.8M | $0.350 | Northwest Copper Announces Best Efforts Private Placement for up to $10 Million |
NorthWest Copper debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments NorthWest Copper 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 |
|---|---|---|---|---|
| 2019-09-17 | Convertible note / loan, closed / funded | — | C$700,000 | — |
| 2019-09-04 | Convertible note / loan, proposed | — | C$700,000 | 12% |
| 2015-07-30 | Loan, proposed | — | C$100,000 | 10% |