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Rain City Resources Inc. (RAIN) Financials

CSE: RAIN · Lithium · Advanced Exploration stage

Rain City Resources Inc. is a Canadian critical minerals company focused on the development and deployment of proprietary Direct Lithium Extraction and associated processing technologies, including its AC²ME technology platform, for the extraction, processing and commercialization of lithium and associated by-products from brine and related mineral resources.

Rain City Resources Inc. financial statements

Key figures read from 11 of 11 financial statement filings, Jan 30, 2023 to Aug 28, 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.

Sep 2023Sep 2022Sep 2021
Cash and equivalentsC$1,805C$290C$64,332
Short-term investmentsC$76,525C$205,750C$638,080
Total current assets——C$729,358*
Exploration and evaluation assets—C$0C$704,370
Total assetsC$107,451C$231,324C$1,433,728
DebtC$8,000——
Shareholders' equity(C$165,491)C$40,876C$1,351,898

* 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 Sep 2023FY Sep 2022FY Sep 2021
General and administrativeC$0C$15,000C$56,069
Net income (loss)—(C$1,816,022)(C$436,859)

Cash flow statement: annual key figures

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

FY Sep 2023FY Sep 2022FY Sep 2021
Operating cash flow(C$34,375)(C$46,646)(C$269,086)
Investing cash flow(C$12,010)(C$17,396)(C$896,769)
Financing cash flowC$23,880C$0C$1,122,460
Exploration spending (capitalized)—C$0(C$510,690)
Proceeds from share issues—C$0C$1,087,460
Change in cash(C$1,515)(C$64,042)(C$43,395)
Cash at end of periodC$1,805C$290C$64,332

No financings are on record for Rain City Resources Inc. yet.

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