Power Metals Corp. (PWM) Financings
TSXV: PWM · Caesium, Lithium, Tantalum · Advanced Exploration stage
- Market cap$72.5M
- Share price$0.415
- 52-week range$0.380 – $1.11
- Shares outstanding174,812,030
- ExchangeTSXV
- Websitepowermetalscorp.com
Power Metals Corp (TSX-V: PWM) is a Canadian critical minerals company advancing high-quality exploration and development assets. Its flagship project is the 100 per cent owned Case Lake Property in Ontario, an advanced exploration-stage, high-grade cesium asset with additional exposure to lithium and tantalum. Located around 80 km east of the established town of Cochrane, that has a long history of mining, near the Ontario-Québec border, Case Lake is a district-scale project comprising 586 cell claims across six townships and a 10 km long LCT pegmatite trend spanning 14 granitic domes. This includes six spodumene dykes on the Henry Dome and the West Joe dyke, one of the highest-grade cesium systems discovered globally, with pollucite lenses returning grades up to 26 per cent and remaining open at depth. Power Metals has completed 23,976 metres of drilling between 2017 and 2025 and identified 17 new targets and early indicators of additional mineralised lenses, supporting strong growth potential beyond the initial resource.
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Power Metals Corp. financial statements
Key figures read from 39 of 39 financial statement filings, Oct 28, 2016 to Jul 29, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$80,565 | C$2,140,570 | C$6,851,501 | C$626,983 | C$13,216 |
| Total current assets | C$373,028 | C$2,927,535 | C$7,679,363 | C$2,498,208 | C$28,467 |
| Exploration and evaluation assets | C$26,828,632 | C$9,202,729 | C$5,314,756 | C$5,654,769 | C$8,254,276 |
| Total assets | C$27,265,993 | C$12,359,697 | C$13,164,119 | C$8,338,965 | C$8,352,545 |
| Debt | — | — | — | C$0 | C$65,000 |
| Total liabilities | C$1,567,812 | C$2,448,248 | C$3,420,363 | C$804,010 | C$1,503,053 |
| Shareholders' equity | C$25,698,181 | C$9,911,449 | C$9,743,756 | C$7,534,955 | C$6,849,492 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Nov 2025 | FY Nov 2024 | FY Nov 2023 | FY Nov 2022 | FY Nov 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$200,083 | C$134,039 | — | — | — |
| General and administrative | C$884,664 | C$1,163,743 | C$967,904 | C$432,633 | C$296,122 |
| Share-based compensation | C$669,699 | C$636,851 | C$986,569 | C$503,211 | C$423,130 |
| Impairments and write-downs | — | — | C$0 | C$262,829 | C$75,797 |
| Net income (loss) | (C$2,055,231) | (C$1,039,898) | (C$2,305,608) | (C$3,336,263) | (C$1,226,951) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Nov 2025 | FY Nov 2024 | FY Nov 2023 | FY Nov 2022 | FY Nov 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$1,845,409) | (C$2,106,709) | (C$1,789,743) | (C$1,096,774) | (C$56,521) |
| Investing cash flow | (C$2,384,360) | — | C$1,485,296 | (C$1,269,659) | (C$154,059) |
| Financing cash flow | C$2,169,764 | C$570,740 | C$6,528,965 | C$2,980,200 | C$214,316 |
| Exploration spending (capitalized) | (C$2,800,771) | (C$3,174,962) | (C$1,014,704) | (C$1,269,659) | (C$154,059) |
| Proceeds from share issues | — | C$0 | (C$338,285) | (C$19,800) | — |
| Change in cash | (C$2,060,005) | (C$4,710,931) | C$6,224,518 | C$613,767 | C$3,736 |
| Cash at end of period | C$80,565 | C$2,140,570 | C$6,851,501 | C$626,983 | C$13,216 |
No financings are on record for Power Metals Corp. yet.
Power Metals Corp. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Power Metals Corp. 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 |
|---|---|---|---|---|
| 2016-04-22 | Loan, signed | — | C$450,000 | 12% |
| 2015-03-05 | Loan, proposed | — | C$150,000 | 12% |