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Stillwater Critical Minerals Corp. (PGE) Financings

TSXV: PGE · PGM · Advanced Exploration stage

Stillwater Critical Minerals (TSX.V:PGE)(OTCQB:PGEZF)(FSE:J0G) is a mineral exploration and development company advancing its 100%-owned Stillwater West Ni-PGE-Cu-Co-Cr + Au project in the Stillwater mining district of Montana, USA. Stillwater West is directly adjacent to Sibanye-Stillwater's operating Stillwater mines and processing infrastructure, the only primary platinum group element-producing complex in the United States. An NI 43-101 Mineral Resource estimate released in August 2026 positions Stillwater West as one of the largest nickel and platinum group element resources in the United States and includes ten metals currently listed as critical. With strategic investments by Glencore and an experienced technical team with expertise in Bushveld- and Platreef-style systems, the Company is advancing Stillwater West through ongoing resource expansion, resource upgrades and technical studies.

Stillwater Critical Minerals Corp. financial statements

Key figures read from 38 of 40 financial statement filings, Nov 18, 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.

Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Cash and equivalentsC$15,235,239C$239,467C$149,404C$27,387C$2,401,965
Short-term investmentsC$591,791C$704,306C$462,067C$390,000—
Total current assetsC$16,942,751*C$1,926,368*C$1,339,048*C$1,452,685*C$3,304,786*
Exploration and evaluation assetsC$3,864,208C$3,572,867C$3,286,907C$3,040,803C$3,179,082
Property, plant and equipmentC$399,017————
Total assetsC$21,520,229C$5,813,488C$4,933,090C$4,755,641C$6,732,210
Shareholders' equityC$20,731,520C$5,187,336C$4,197,322C$4,288,736C$6,314,916

* 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 Mar 2026FY Mar 2025FY Mar 2024FY Mar 2023FY Mar 2022
Exploration and evaluation expenseC$5,775,128C$1,770,238C$3,301,508C$1,585,069C$5,223,289
General and administrativeC$1,401,729C$1,134,694C$1,116,337C$1,140,923C$604,806
Share-based compensationC$820,797C$358,374C$590,905C$896,481C$641,020
Net income (loss)(C$9,519,643)(C$3,788,071)(C$5,529,304)(C$4,306,554)(C$7,259,092)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Mar 2026FY Mar 2025FY Mar 2024FY Mar 2023FY Mar 2022
Operating cash flow(C$8,550,900)(C$4,217,153)(C$4,478,864)(C$3,527,810)(C$6,617,381)
Investing cash flow(C$696,358)(C$293,078)——(C$209,838)
Financing cash flowC$24,243,030C$4,600,294C$4,846,985C$1,383,893C$6,719,780
Exploration spending (capitalized)(C$291,341)(C$285,960)——(C$249,838)
Property, plant and equipment spending(C$405,017)————
Proceeds from share issuesC$25,782,195C$4,766,731——C$5,925,000
Change in cashC$14,995,772C$90,063C$122,017(C$2,374,578)(C$107,439)
Cash at end of periodC$15,235,239C$239,467C$149,404C$27,387C$2,401,965

Stillwater Critical Minerals Corp. financings

1 financing announced or closed by Stillwater Critical Minerals Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2025-12-15Stillwater Critical Minerals Corp. (PGE)LIFE offering, bought dealClosed, 1 tranche$17.0M$0.460Stillwater Critical Minerals Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$10 Million

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