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Refined Energy Corp. (RUU) Financials

CSE: RUU · Gold, Antimony · Exploration stage

Refined Energy Corp. is a Canadian mineral exploration company focused on the acquisition, exploration and development of strategic mineral projects in North America. The Company is currently focused on advancing the Golden Goose gold-antimony project in central Newfoundland and continues to evaluate additional high-quality exploration opportunities in tier-one jurisdictions.

Refined Energy Corp. financial statements

Key figures read from 11 of 11 financial statement filings, Oct 9, 2018 to Oct 27, 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 2026Jun 2025Jun 2022Jun 2021Jun 2019
Cash and equivalentsC$721,954C$32,944C$0C$1,719,845C$641,583
Total current assets—C$130,603*C$50,000C$1,227,281C$5,208,759*
Exploration and evaluation assetsC$0C$283,541———
Property, plant and equipment————C$5,043,876
Total assetsC$957,815C$414,144C$283,938C$3,549,978C$33,723,059
DebtC$202,493C$177,359C$133,239C$129,382C$4,425,107
Total liabilitiesC$609,285C$821,604C$1,862,605C$3,753,111—
Shareholders' equityC$348,530(C$407,460)(C$1,578,667)(C$203,133)C$25,375,789

* 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 2026FY Jun 2025FY Jun 2022FY Jun 2021FY Jun 2019
Revenue——C$29,321C$27,838C$9,311,119
Cost of sales——(C$22,751)(C$31,124)(C$7,444,130)
Exploration and evaluation expenseC$1,795,447C$297,331———
General and administrativeC$309,070C$268,371C$1,528,931C$7,327,353C$3,612,994
Share-based compensationC$3,545C$33,807C$0C$1,835,458C$4,539,342
Impairments and write-downsC$0C$155,414C$0(C$119,247)C$0
Net income (loss)(C$3,235,238)(C$1,306,456)(C$252,042)(C$9,808,962)(C$38,082,758)

Cash flow statement: annual key figures

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

FY Jun 2026FY Jun 2025FY Jun 2022FY Jun 2021FY Jun 2019
Operating cash flow(C$3,735,001)(C$1,154,957)(C$1,168,636)(C$7,023,069)(C$10,439,405)
Investing cash flow(C$2,019)(C$61,791)C$0(C$55,631)(C$256,489)
Financing cash flowC$4,426,030C$1,076,500C$1,252,451C$6,723,897C$10,300,205
Exploration spending (capitalized)(C$2,019)(C$61,791)——(C$4,438)
Property, plant and equipment spending————(C$1,536,342)
Proceeds from share issuesC$3,500,001C$350,000C$1,247,200C$2,447,311C$5,434,705
Change in cashC$689,010(C$140,248)(C$1,720,364)C$675,260(C$388,701)
Cash at end of periodC$721,954C$32,944C$0C$1,719,845C$641,583

Refined Energy Corp. financings

4 financings announced or closed by Refined Energy Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-01-20Refined Energy Corp. (RUU)Flow-through, LIFE offering, non-brokeredClosed, 1 tranche$1.5M$1.05Refined Energy Corp. Announces Charity Flow-Through Private Placement
2025-10-27Refined Energy Corp. (RUU)LIFE offering, non-brokeredClosed, 1 tranche$2.0M$0.200Refined Energy Corp. Announces Private Placement
2024-07-15Refined Energy Corp. (RUU)Private placement, non-brokeredClosed, 1 tranche$1.5M$0.300Refined Energy Corp. Announces Private Placement of up to C$1,500,000
2024-05-23Refined Energy Corp. (RUU)Private placement, non-brokeredClosed, 1 tranche$200K$0.100Refined Energy Corp. Announces Private Placement for up to C$200,000 and Settlement of Debt

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