Rain City Resources Inc. (RAIN) Financings
CSE: RAIN · Lithium · Advanced Exploration stage
- Market cap$1.2M
- Share price$0.015
- 52-week range$0.005 – $0.030
- Shares outstanding82,826,415
- ExchangeCSE
- Properties3
- Websitewww.raincityresources.com
Rain City Resources Inc. is a Canadian critical minerals company focused on the development and deployment of proprietary Direct Lithium Extraction and associated processing technologies, including its AC²ME technology platform, for the extraction, processing and commercialization of lithium and associated by-products from brine and related mineral resources.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
Rain City Resources Inc. financial statements
Key figures read from 8 of 8 financial statement filings, Jan 30, 2023 to Aug 29, 2024. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), 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 |
Related lists
- Lithium stocks
- CSE lithium stocks
- Lithium explorers
- United States lithium stocks
- United States mining stocks
- Chile mining stocks
- Argentina mining stocks
- CSE mining stocks