ReeXploration Inc. (REE) Financings
TSXV: REE · REE, Uranium · Exploration stage
- Market cap$4.1M
- Share price$0.030
- 52-week range$0.025 – $0.280
- Shares outstanding135,229,107
- ExchangeTSXV
- Websiterareearthexploration.com
ReeXploration (TSXV: REE) (FSE: K2I0) is a Canadian exploration company positioned to help meet surging global demand for secure, responsible supplies of critical minerals essential to the clean energy transition, advanced technologies and national defense. The Company's flagship Eureka Project in central Namibia pairs a technically proven rare earth foundation - supported by the production of a clean monazite concentrate - with a newly defined, high-priority uranium target located within one of the world's most established uranium corridors. Together, these commodities provide multi-path discovery potential aligned with accelerating global efforts to diversify critical mineral and nuclear fuel supply.
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ReeXploration Inc. financial statements
Key figures read from 30 of 30 financial statement filings, Sep 25, 2018 to Jul 29, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$805,583 | C$87,007 | C$20,496 | C$321,159 | C$1,797,690 |
| Total current assets | C$992,054* | C$225,384* | C$188,337* | C$513,121* | C$2,215,242* |
| Total current liabilities | — | — | — | — | C$400,356 |
| Working capital | — | — | — | — | C$1,814,886 |
| Exploration and evaluation assets | C$6,115,799 | C$5,218,361 | C$4,888,607 | C$4,391,208 | C$3,563,821 |
| Property, plant and equipment | C$45,706 | C$57,417 | C$61,324 | C$78,469 | C$33,333 |
| Total assets | C$7,153,559 | C$5,501,162 | C$5,138,268 | C$4,982,798 | C$5,812,396 |
| Debt | — | — | — | — | C$0 |
| Shareholders' equity | C$5,975,575 | C$4,794,802 | — | — | — |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| General and administrative | C$261,480 | C$283,498 | C$315,516 | C$373,787 | C$217,319 |
| Share-based compensation | C$130,607 | (C$13,758) | C$169,387 | C$386,056 | C$603,845 |
| Net income (loss) | (C$790,140) | (C$418,977) | (C$754,745) | (C$1,180,712) | (C$7,670,737) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$536,988)* | (C$192,812)* | (C$435,110)* | — | (C$1,253,839)* |
| Investing cash flow | (C$584,742)* | (C$305,788)* | (C$495,953)* | — | (C$2,243,147)* |
| Financing cash flow | C$1,840,306* | C$565,111* | C$630,400* | — | C$5,239,296* |
| Exploration spending (capitalized) | (C$580,797) | (C$293,788) | (C$495,953) | — | (C$2,489,000) |
| Change in cash | C$718,576 | C$66,511 | (C$300,663) | (C$1,476,531) | C$1,742,310 |
| Cash at end of period | C$805,583 | C$87,007 | C$20,496 | C$321,159 | C$1,797,690 |
* Calculated from the statement's own lines: the company did not print this total with a label.
ReeXploration Inc. financings
3 financings announced or closed by ReeXploration Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-01-14 | ReeXploration Inc. (REE) | Private placement | Announced | $1.9M | — | ReeXploration Announces Fully Funded 2026 Uranium Drill Program at Eureka, Namibia Company prepares for initial drill program targeting high- priority uranium anomalies following financing and 2025 strategic milestones |
| 2025-12-15 | ReeXploration Inc. (REE) | Private placement, brokered | Closed, 1 tranche | $1.0M | $0.110 | ReeXploration Announces $1,000,000 Private Placement Capital raise supports upcoming drill program targeting newly identified uranium system along Namibia's premier uranium corridor |
| 2025-09-03 | ReeXploration Inc. (REE) | Private placement, brokered | Announced | $950K | $0.050 | E-Tech Resources Inc. Announces $950,000 Financing |