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Canstar Resources Inc (ROX) Financings

TSXV: ROX · Unspecified · Exploration stage

Canstar Resources Inc. (TSXV: ROX) is a focused VMS exploration company with a portfolio of projects in established mining jurisdictions. The Company's flagship Mary March VMS Project (approximately 148 km²) is located within the Buchans District in Central Newfoundland and is being advanced under an earn-in joint venture with VMS Mining Corporation. The Buchans mining camp is well-known for producing some of the highest-grade VMS deposits in North American mining history¿. The Company's Skellefte VMS Project (approximately 68,000 hectares) is located in the northern portion of the Skellefte VMS belt of Sweden, a well-established VMS district. Canstar also holds the Golden Baie Project in southern Newfoundland, currently subject to an option agreement with Churchill Resources Inc.

Canstar Resources Inc financial statements

Key figures read from 41 of 41 financial statement filings, Oct 26, 2016 to May 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.

Jun 2025Jun 2024Jun 2023Jun 2022Jul 2021
Cash and equivalentsC$193,685C$38,944C$450,096C$201,251C$279,445
Short-term investmentsC$224,607C$424,287C$375,746C$4,714,600C$4,000,957
Total current assetsC$568,562*C$576,364C$940,444C$5,587,637C$4,457,067
Exploration and evaluation assets———C$7,375,911—
Property, plant and equipmentC$12,098C$13,009C$15,591C$18,222C$2,535
Total assetsC$580,660C$589,373C$1,052,559C$13,247,220C$4,459,602
DebtC$426,226————
Total liabilitiesC$831,803C$117,611C$281,444C$205,032C$293,680
Shareholders' equity(C$251,143)C$471,762C$771,115C$13,042,188C$4,165,922

* 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 Jun 2025FY Jun 2024FY Jun 2023FY Jun 2022FY Jun 2021
Exploration and evaluation expenseC$881,136C$702,411C$4,810,698——
General and administrativeC$447,971C$300,432C$409,845C$386,810C$158,024
Share-based compensationC$110,454C$60,163C$260,664C$570,127—
Impairments and write-downs(C$28,355)——(C$7,733,885)—
Net income (loss)(C$1,648,766)(C$1,278,074)(C$5,585,700)(C$8,855,062)(C$1,426,923)

Cash flow statement: annual key figures

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

FY Jun 2025FY Jun 2024FY Jun 2023FY Jun 2022FY Jun 2021
Operating cash flow(C$1,400,466)(C$1,205,918)(C$4,088,720)(C$1,539,964)(C$302,008)
Investing cash flowC$239,800(C$49,077)C$4,337,565(C$4,077,930)(C$5,267,118)
Financing cash flowC$1,315,407C$843,843—C$5,539,700C$5,752,923
Exploration spending (capitalized)———(C$3,347,472)(C$1,266,060)
Property, plant and equipment spending(C$2,066)—(C$1,289)(C$16,500)(C$1,032)
Proceeds from share issuesC$0————
Change in cash—(C$411,152)C$248,845(C$78,194)C$183,797
Cash at end of periodC$193,685C$38,944C$450,096C$201,251C$279,445

No financings are on record for Canstar Resources Inc yet.

Canstar Resources Inc debt and credit facilities

Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Canstar Resources Inc has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.

DateDebtLenderAmountTerms
2026-09-17Credit facility, signedBQS Systematic Equities LPC$500,00012%
2026-08-20Credit facility, amended—C$500,0000%, matures 2026-09-16

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