Powermax Minerals Inc. (PMAX) Financials
CSE: PMAX · REE · Exploration stage
- Market cap$3.0M
- Share price$0.070
- 52-week range$0.065 – $2.50
- Shares outstanding43,009,843
- ExchangeCSE
- Properties4
- Websitepowermaxminerals.com
Powermax is a Canadian mineral exploration company, which holds an option to acquire the 2,984 hectares Cameron REE property, located in the Kamloops Mining Division, British Columbia.
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Powermax Minerals Inc. financial statements
Key figures read from 1 of 1 financial statement filing, Sep 25, 2026 to Sep 25, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| May 2026 | May 2025 | |
|---|---|---|
| Cash and equivalents | C$4,155,531 | C$214,548 |
| Total current assets | C$4,179,837 | C$263,356 |
| Exploration and evaluation assets | C$1,377,200 | C$0 |
| Total assets | C$5,557,037 | C$263,356 |
| Total liabilities | C$387,323 | C$135,512 |
| Shareholders' equity | C$5,169,714 | C$127,844 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY May 2026 | FY May 2025 | |
|---|---|---|
| Exploration and evaluation expense | C$646,807 | C$115,075 |
| General and administrative | C$241,255 | C$95,789 |
| Share-based compensation | C$2,334,142 | C$0 |
| Net income (loss) | (C$6,118,515) | (C$338,273) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY May 2026 | FY May 2025 | |
|---|---|---|
| Operating cash flow | (C$3,944,963) | — |
| Investing cash flow | (C$86,000) | — |
| Financing cash flow | C$7,971,946 | — |
| Proceeds from share issues | C$5,706,522 | — |
| Change in cash | C$3,940,983 | (C$259,642) |
| Cash at end of period | C$4,155,531 | C$214,548 |
Powermax Minerals Inc. financings
1 financing announced or closed by Powermax Minerals Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-10-15 | Powermax Minerals Inc. (PMAX) | Private placement | Announced | $435K | $0.010 | Powermax Minerals Announces Rights Offering |
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