Sable Resources Ltd. (SAE) Financings
TSXV: SAE · Copper · Exploration stage
- Market cap$10.6M
- Share price$0.330
- 52-week range$0.320 – $1.05
- Shares outstanding32,023,153
- ExchangeTSXV
- Websitewww.sableresources.com
Sable is a well-funded junior grassroots explorer focused on the discovery of Tier-One new precious metal and copper projects through systematic exploration in endowed terranes located in favorable, established mining jurisdictions. Sable's focus is on developing its large portfolio of new Greenfields projects to resource level. Sable is actively exploring the San Juan Regional Program (>141,000 ha), incorporating the Don Julio, El Fierro, Cerro Negro, and Zorro projects in San Juan province, Argentina, and the Copper Queen, Copper Prince, and Core Mountain properties in British Columbia (21,038 ha).
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Sable Resources Ltd. financial statements
Key figures read from 41 of 41 financial statement filings, Nov 29, 2016 to Aug 26, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), 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$14,876,533 | C$9,095,198 | C$12,017,794 | C$17,152,362 | C$22,751,313 |
| Short-term investments | — | — | — | — | C$1,054,709 |
| Total current assets | C$15,404,743* | C$9,623,913* | C$12,163,527* | C$17,300,146* | C$23,913,391* |
| Total current liabilities | C$716,798 | C$19,434,223 | C$14,226,634 | C$1,034,310 | C$1,181,120 |
| Working capital | C$14,687,945 | (C$9,810,310) | (C$2,063,107) | C$16,265,836 | C$22,732,271 |
| Exploration and evaluation assets | C$2,102,310 | C$2,169,098 | C$1,626,164 | C$5,107,566 | C$4,168,275 |
| Property, plant and equipment | C$89,931 | C$198,176 | C$286,495 | C$391,597 | C$387,877 |
| Total assets | C$17,613,984 | C$11,991,187 | C$14,076,186 | C$22,799,309 | C$28,469,543 |
| Total liabilities | C$4,131,557 | C$19,434,223 | C$14,253,444 | C$9,193,272 | C$3,109,051 |
| Shareholders' equity | — | (C$7,443,036) | (C$177,258) | C$13,606,037 | C$25,360,492 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$7,020,139 | C$4,100,823 | C$10,740,699 | C$16,096,790 | C$10,208,806 |
| General and administrative | C$1,635,596 | C$2,126,185 | C$1,868,210 | C$2,225,065 | C$1,799,772 |
| Share-based compensation | C$186,119 | C$106,180 | C$144,300 | C$312,525 | C$493,000 |
| Impairments and write-downs | C$734,657 | C$125,000 | C$3,994,461 | — | C$0 |
| Net income (loss) | C$18,400,959 | (C$6,246,302) | (C$14,221,653) | (C$11,910,088) | C$0 |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$8,948,880) | (C$6,173,130) | (C$10,392,349) | (C$12,528,246) | (C$9,833,410) |
| Investing cash flow | C$12,156,743 | C$3,225,476 | C$4,951,823 | C$6,156,399 | C$2,849,846 |
| Financing cash flow | C$2,514,621 | (C$31,228) | (C$30,238) | C$1,707,058 | C$12,680,279 |
| Exploration spending (capitalized) | — | — | — | — | C$0 |
| Property, plant and equipment spending | — | C$0 | (C$6,035) | (C$139,132) | (C$234,409) |
| Change in cash | C$5,781,335 | (C$2,922,596) | (C$5,134,568) | (C$5,598,951) | C$5,682,844 |
| Cash at end of period | C$14,876,533 | C$9,095,198 | C$12,017,794 | C$17,152,362 | C$22,751,313 |
Sable Resources Ltd. financings
1 financing announced or closed by Sable Resources Ltd., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-07-02 | Sable Resources Ltd. (SAE) | Private placement, non-brokered | Closed, 1 tranche | $1.7M | $0.055 | Sable Announces C$1.75 Million Private Placement with Moxico Resources |