Rain City Resources Inc. (RAIN) Financials
CSE: RAIN · Lithium · Advanced Exploration stage
- Market cap$828K
- Share price$0.010
- 52-week range$0.005 – $0.030
- Shares outstanding82,826,415
- ExchangeCSE
- Properties3
- Websitewww.raincityresources.com
Rain City Resources Inc. is a Canadian critical minerals company focused on the development and deployment of proprietary Direct Lithium Extraction and associated processing technologies, including its AC²ME technology platform, for the extraction, processing and commercialization of lithium and associated by-products from brine and related mineral resources.
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Rain City Resources Inc. financial statements
Key figures read from 11 of 11 financial statement filings, Jan 30, 2023 to Aug 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Cash and equivalents | C$1,805 | C$290 | C$64,332 |
| Short-term investments | C$76,525 | C$205,750 | C$638,080 |
| Total current assets | — | — | C$729,358* |
| Exploration and evaluation assets | — | C$0 | C$704,370 |
| Total assets | C$107,451 | C$231,324 | C$1,433,728 |
| Debt | C$8,000 | — | — |
| Shareholders' equity | (C$165,491) | C$40,876 | C$1,351,898 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Sep 2023 | FY Sep 2022 | FY Sep 2021 | |
|---|---|---|---|
| General and administrative | C$0 | C$15,000 | C$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 2023 | FY Sep 2022 | FY 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 flow | C$23,880 | C$0 | C$1,122,460 |
| Exploration spending (capitalized) | — | C$0 | (C$510,690) |
| Proceeds from share issues | — | C$0 | C$1,087,460 |
| Change in cash | (C$1,515) | (C$64,042) | (C$43,395) |
| Cash at end of period | C$1,805 | C$290 | C$64,332 |
Rain City Resources Inc. financings
2 financings announced or closed by Rain City Resources Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-02-24 | Rain City Resources Inc. (RAIN) | Private placement, non-brokered | Closed, 2 tranches | $500K | $0.075 | RAIN City (CSE: RAIN) Announces Financing |
| 2024-08-22 | Rain City Resources Inc. (RAIN) | Private placement, non-brokered | Closed, 3 tranches | $1.9M | $0.075 | RAIN City Completes First Closing of Private Placement |
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