Selkirk Copper Mines Inc (SCMI) Financings
TSXV: SCMI · Copper, Gold, Silver · Development stage
- Market cap$165.0M
- Share price$1.04
- 52-week range$0.420 – $2.24
- Shares outstanding158,629,195
- ExchangeTSXV
- Websitewww.selkirkcopper.com
Selkirk Copper is a well-financed, newly formed company with a controlling interest held by the Selkirk First Nation through its wholly owned subsidiary, that, in partnership with the Selkirk First Nation, is completing a thorough exploration drilling campaign and a restart and redevelopment plan for the former Minto copper-gold-silver mine based on best-in-class environmentally sustainable mining, development and reclamation practice. Selkirk Copper controls 26,850 hectares of prospective mineral claims located in the Minto-Carmacks copper belt as well as significant open-pit and underground infrastructure, a 4,100 tonne per day processing plant, 400-person full-rotation camp, water treatment facilities, numerous ancillary buildings, and mobile equipment centered on the former Minto copper-gold-silver mine. Selkirk Copper's mineral tenure, operation infrastructure, access roads and powerline, is located on or adjacent to Lands of the Selkirk First Nation much of which is surrounded by prospective Selkirk First Nation Category A Lands.
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Selkirk Copper Mines Inc financial statements
Key figures read from 5 of 5 financial statement filings, Nov 27, 2025 to Aug 19, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Mar 2026 | Mar 2025 | |
|---|---|---|
| Cash and equivalents | C$17,615,349 | C$68,203 |
| Total current assets | C$19,817,948* | — |
| Exploration and evaluation assets | C$1,460,627 | C$0 |
| Property, plant and equipment | C$8,143,917 | C$0 |
| Total assets | C$29,422,492 | C$254,567 |
| Debt | C$0 | C$233,626 |
| Total liabilities | C$8,687,778 | C$457,510 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | |
|---|---|---|
| Exploration and evaluation expense | C$22,038,564 | C$0 |
| General and administrative | C$1,016,909 | C$147,117 |
| Share-based compensation | C$1,895,968 | C$0 |
| Net income (loss) | (C$26,017,206) | (C$739,619) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | |
|---|---|---|
| Operating cash flow | (C$22,159,182) | (C$805,518) |
| Investing cash flow | (C$2,362,005) | C$0 |
| Financing cash flow | C$42,068,333 | C$870,291 |
| Property, plant and equipment spending | (C$396,690) | C$0 |
| Proceeds from share issues | C$42,078,285 | C$284,728 |
| Change in cash | C$17,547,146 | C$64,773 |
| Cash at end of period | C$17,615,349 | C$68,203 |
Selkirk Copper Mines Inc financings
1 financing announced or closed by Selkirk Copper Mines Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-04-10 | Selkirk Copper Mines Inc (SCMI) | Flow-through, bought deal | Closed, 2 tranches | $30.0M | $1.70 | Selkirk Copper Announces Upsize of Bought Deal Private Placement to $30 Million |