Steadright Critical Minerals Inc. (SCM) Financings
CSE: SCM · Copper, Nickel · Exploration stage
- Market cap$6.5M
- Share price$0.090
- 52-week range$0.085 – $0.380
- Shares outstanding72,531,726
- ExchangeCSE
- Properties11
- Websitesteadright.ca
Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focused in 2026 on finding exploration projects that can be brought into production within the critical mineral space in the Kingdom of Morocco. Steadright currently has mineral exploration claims known as the RAM project near Port Cartier, Quebec within the Côte-Nord Region, which is accessible by route 138, that is located on an Anorthositic complex that is in a highly prospective geological unit and historically been under explored for Ni, Cu, Co and precious metals.
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Steadright Critical Minerals Inc. financial statements
Key figures read from 4 of 4 financial statement filings, Nov 29, 2023 to Nov 27, 2024. Each column is the period as the company first filed it.
Balance sheet: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Sep 2024 | Mar 2024 | Dec 2023 | Sep 2023 | |
|---|---|---|---|---|
| Cash and equivalents | C$650 | C$18,745 | C$18,889 | C$27,355 |
| Total assets | C$20,038 | C$63,304 | C$712,025 | C$743,180 |
| Total liabilities | C$101,113 | C$186,176 | — | C$126,177 |
| Shareholders' equity | — | — | — | C$617,003 |
Income statement: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| 3M Sep 2024 | Dec 2023 | 3M Sep 2023 | Dec 2022 | |
|---|---|---|---|---|
| Exploration and evaluation expense | C$348,656 | C$6,590 | C$284,706 | C$30,491 |
| General and administrative | C$53,385 | C$58,107 | C$44,751 | C$94,334 |
| Share-based compensation | — | C$0 | — | C$103,329 |
| Net income (loss) | (C$410,052) | (C$64,549) | (C$287,913) | (C$232,884) |
Cash flow statement: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| 6M Sep 2024 | 6M Sep 2023 | 6M Sep 2022 | |
|---|---|---|---|
| Operating cash flow | (C$210,095) | (C$336,753) | (C$276,098) |
| Investing cash flow | C$62,000 | (C$55,000) | C$0 |
| Financing cash flow | C$130,000 | C$200,500 | C$263,738 |
| Proceeds from share issues | C$130,000 | (C$2,250) | C$0 |
| Change in cash | (C$18,095) | (C$191,253) | (C$12,360) |
| Cash at end of period | C$650 | C$27,355 | C$293,192 |
Steadright Critical Minerals Inc. financings
3 financings announced or closed by Steadright Critical Minerals Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-10-09 | Steadright Critical Minerals Inc. (SCM) | Private placement, non-brokered | Upsized | $900K | — | Steadright Announces $800k Private Placement |
| 2026-07-20 | Steadright Critical Minerals Inc. (SCM) | Flow-through, non-brokered | Closed, 1 tranche | $600K | $0.150 | Steadright Critical Minerals Announces Flow-Through Private Placement Financing |
| 2026-02-19 | Steadright Critical Minerals Inc. (SCM) | Private placement, non-brokered | Closed, 3 tranches | $3.1M | $0.250 | Steadright Critical Minerals Announces Private Placement Financing For Gross Proceeds Of Up To $2,500,000 |
Steadright Critical Minerals Inc. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Steadright Critical Minerals Inc. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2024-10-28 | Loan, proposed | — | C$100,000 | 10% |
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