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Loyalist Exploration Limited (PNGC) Financials

CSE: PNGC · Gold, Nickel, Copper · Development stage

Loyalist is a mineral developemnt and exploration company concentrating on acquiring and developing quality mineral properties in Canada. The Company is focused on its “Buy Timmins, Mine Timmins” strategy, with the acquisitions of the Tully and DeSantis gold properties, the Loveland nickel/copper/gold property and the Gold Rush gold/silver property, all located in the Timmins, Ontario mining district. The Company has commenced a significant mining permit project at Tully, complete data review of DeSantis and exploration activities on all four properties as well as expanding the Company’s Timmins based property portfolio.

Loyalist Exploration Limited financial statements

Key figures read from 8 of 8 financial statement filings, Apr 29, 2024 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 2025Dec 2024Dec 2023Dec 2022
Cash and equivalentsC$37,811C$7,512C$8,190C$3,591
Total current liabilitiesC$396,704C$321,107C$178,009C$303,302
Total assetsC$64,862C$18,895C$25,682C$4,437

Income statement: annual key figures

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

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022
Exploration and evaluation expenseC$2,084,515C$96,036C$30,000C$1,616,658
General and administrativeC$193,369C$174,386C$194,221C$6,036
Share-based compensationC$62,500C$19,864C$36,868C$153,487
Net income (loss)(C$2,500,494)(C$301,249)C$315,608C$2,265,812

Cash flow statement: annual key figures

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

FY Dec 2025FY Dec 2024
Operating cash flow(C$1,089,841)(C$162,178)
Financing cash flowC$1,120,140C$161,500
Change in cashC$30,299(C$678)
Cash at end of periodC$37,811C$7,512

Loyalist Exploration Limited financings

7 financings announced or closed by Loyalist Exploration Limited, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-08-10Loyalist Exploration Limited (PNGC)Private placement, non-brokeredTerminated, 1 tranche$1.5M$0.040Loyalist Announces $1,500,000 Non-Brokered Private Placement and $200,000 Shares for Debt Transaction
2026-02-06Loyalist Exploration Limited (PNGC)Flow-through, private placement, non-brokeredClosed, 1 tranche$439K$0.040Loyalist Exploration Announces Closing of $398,000 Second and Final Tranche of Non-Brokered Financing
2025-12-08Loyalist Exploration Limited (PNGC)Flow-through, private placement, non-brokeredClosed, 1 tranche$1.7M$0.040Loyalist Exploration Announces $1,700,000 Non-Brokered Private Placement
2025-09-18Loyalist Exploration Limited (PNGC)Private placement, non-brokeredClosed, 2 tranches$1.4M$0.020Loyalist Exploration Announces Non-Brokered Private Placement to Acquire Tully Gold Project
2025-02-12Loyalist Exploration Limited (PNGC)Private placement, non-brokeredTranche closed, 2 tranches$1.5M$0.010Loyalist Exploration Announces Letter of Intent for Gold Property Acquisition in the Timmins Mining District and $600,000 Concurrent Financing
2024-06-05Loyalist Exploration Limited (PNGC)Private placement, non-brokeredClosed, 1 tranche$350K$0.005Loyalist Exploration Limited Announces Letter of Intent to Amalgamate to Acquire Newfoundland Properties and Proposed Private Placement
2024-04-12Loyalist Exploration Limited (PNGC)Private placement, non-brokeredAnnounced$150K$0.010Loyalist Exploration Limited Announces Proposed Private Placement

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