Ridgestone Mining Inc (RMI) Financings
TSXV: RMI · Gold · Exploration stage
- Market cap$1.6M
- Share price$0.100
- 52-week range$0.100 – $0.520
- Shares outstanding15,551,235
- ExchangeTSXV
- Websiteridgestonemining.com
Ridgestone Mining Inc is a mining company. Principally, it is engaged in the business of exploration of mineral properties in North America. It holds an interest in Cimarron gold property, Rebeico Property, Guadalupe y Calvo Property, and Alaska Property.
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Ridgestone Mining Inc financial statements
Key figures read from 33 of 33 financial statement filings, May 30, 2018 to Aug 21, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$32,294 | C$114,468 | C$320,354 | C$189,580 | C$361,852 |
| Total current assets | C$55,711 | C$145,210 | C$330,751 | C$225,161 | C$442,894 |
| Exploration and evaluation assets | C$1 | C$1,240,725 | C$1,240,725 | C$2,545,651 | C$2,174,296 |
| Property, plant and equipment | C$1,444 | C$2,355 | — | — | — |
| Total assets | C$57,156 | C$1,388,290 | C$1,571,476 | C$2,770,812 | C$2,617,190 |
| Debt | — | — | C$0 | C$255,000 | C$0 |
| Total liabilities | C$717,464 | C$514,127 | C$432,557 | C$700,483 | C$243,607 |
| Shareholders' equity | (C$660,308) | C$874,163 | C$1,138,919 | C$2,070,329 | C$2,373,583 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$36,582 | C$6,126 | C$64,096 | C$190,559 | C$363,509 |
| General and administrative | C$176,804 | C$185,488 | C$183,171 | C$175,120 | C$1,131,329 |
| Share-based compensation | — | — | — | — | C$0 |
| Impairments and write-downs | — | — | — | — | C$0 |
| Net income (loss) | (C$1,534,471) | (C$264,756) | (C$1,725,634) | (C$525,000) | (C$1,799,114) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$82,174) | (C$203,151) | (C$408,450) | (C$277,663) | (C$2,134,436) |
| Investing cash flow | C$0 | (C$2,735) | C$0 | (C$149,609) | (C$58,803) |
| Financing cash flow | — | C$0 | C$539,224 | C$255,000 | C$2,509,045 |
| Exploration spending (capitalized) | — | — | C$0 | (C$149,609) | (C$58,803) |
| Proceeds from share issues | — | C$0 | C$519,224 | C$0 | C$2,669,045 |
| Change in cash | (C$82,174) | (C$205,886) | C$130,774 | (C$172,272) | C$315,806 |
| Cash at end of period | C$32,294 | C$114,468 | C$320,354 | C$189,580 | C$361,852 |
Ridgestone Mining Inc financings
1 financing announced or closed by Ridgestone Mining Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2023-10-11 | Ridgestone Mining Inc (RMI) | Private placement, brokered | Closed, 1 tranche | $800K | $0.080 | Ridgestone Mining Announces $800,000 Private Placement |