Pasinex Resources Limited (PSE) Financings
CSE: PSE · Zinc · Production stage
- Market cap$18.6M
- Share price$0.070
- 52-week range$0.065 – $0.120
- Shares outstanding265,611,697
- ExchangeCSE
- Properties5
- Websitepasinex.com
Pasinex Resources Limited (CSE: PSE; FSE: PNX) is a metals company which is a 50% owner of the high grade Pinargozu zinc mine which is in production and, under its DSO Program, is shipping directly to zinc smelter / refiners from its mine site in Turkiye. The Company has a strong technical management team with many years of experience in mineral exploration and mining project development. The mission of Pasinex is to build a mid-tier zinc company based on building a large land within a productive CRD district in Turkiye. The Pinargozu Mine is included in the 50-50 company, Horzum Arama Isletme AS (Horzum AS), which is a corporate joint venture between Pasinex and Turkish mining house, Akmetal Madencilik San ve Tic. AS (Akmetal AS). Akmetal AS is one of Turkiye's largest family-owned conglomerates with the nearby past-producing Horzum zinc mine. Visit our web site at: www.pasinex.com
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Pasinex Resources Limited financial statements
Key figures read from 40 of 42 financial statement filings, May 2, 2016 to Jul 30, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$1,807,179 | C$194,888 | C$177,278 | C$855,567 | C$100,031 |
| Total current assets | C$2,544,377* | C$654,075* | C$331,468 | C$1,151,208 | C$1,037,212 |
| Total current liabilities | C$4,014,969 | C$4,864,743 | C$2,976,689 | C$3,564,963 | C$3,993,880 |
| Working capital | (C$1,470,592) | (C$4,210,668) | (C$2,645,221) | (C$2,413,755) | (C$2,956,668) |
| Exploration and evaluation assets | C$1,934,891 | C$2,008,432 | C$1,859,311 | C$1,893,020 | C$1,801,222 |
| Property, plant and equipment | C$551,574 | C$3,938 | C$2,529 | C$4,608 | C$6,015 |
| Total assets | C$8,774,827 | C$3,557,225 | C$3,024,660 | C$4,082,136 | C$2,871,768 |
| Debt | C$2,292,491 | C$4,275,500 | C$2,531,365 | C$2,443,147 | C$2,927,572 |
| Total liabilities | C$5,127,116 | C$4,900,852 | C$2,976,689 | C$3,564,963 | C$3,993,880 |
| Shareholders' equity | C$3,647,711 | (C$1,343,627) | C$47,971 | C$517,173 | (C$1,122,112) |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | C$1,000,809 | — | — | — | — |
| Cost of sales | (C$1,764,002) | — | — | — | — |
| Exploration and evaluation expense | (C$7,928) | C$119,174 | C$563,889 | C$1,072,614 | C$137,418 |
| General and administrative | (C$5,793,832) | C$1,464,482 | C$1,486,037 | C$1,390,207 | C$685,407 |
| Share-based compensation | — | — | C$0 | C$57,000 | C$323,000 |
| Impairments and write-downs | — | — | — | — | (C$969,380) |
| Net income (loss) | (C$5,756,253) | (C$2,651,030) | (C$309,768) | C$2,043,173 | (C$129,678) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$1,834,751) | (C$1,554,416) | (C$554,397) | C$1,838,461 | (C$480,034) |
| Investing cash flow | (C$1,425,998) | (C$1,701) | (C$1,823) | (C$2,041) | (C$29,608) |
| Financing cash flow | C$4,917,215 | C$1,580,851 | (C$50,000) | (C$634,617) | C$580,000 |
| Exploration spending (capitalized) | — | — | — | C$0 | (C$25,679) |
| Property, plant and equipment spending | (C$12,111) | — | — | — | — |
| Proceeds from share issues | C$3,657,258 | — | — | — | — |
| Change in cash | C$1,656,466 | C$24,734 | (C$606,220) | C$1,201,803 | C$70,358 |
| Cash at end of period | C$1,807,179 | C$194,888 | C$177,278 | C$855,567 | C$100,031 |
Pasinex Resources Limited financings
1 financing announced or closed by Pasinex Resources Limited, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-02-23 | Pasinex Resources Limited (PSE) | Private placement, non-brokered | Closed, 2 tranches | $2.0M | $0.100 | Pasinex Announces Non-Brokered Private Placement and Provides Operations and Corporate Update |