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Solstice Gold Corp (SGC) Financings

TSXV: SGC · Gold · Exploration stage

Solstice is an exploration company with quality, district-scale gold projects in established mining regions of Canada. Our 57 km² Strathy Gold Project hosts high-grade gold mineralization, including visible gold, over a wide area straddling two NE-SW-trending structures. It is located in the Abitibi Subprovince of Ontario and has never been systematically explored in its history. Alpha IP surveys totaling over 34 line km completed in 2024 and 2025 defined 50 new targets and show that the largest IP anomaly corresponds with the Red Cedar Discovery of 8.5 g/t Au over 3.5 m. Follow-up drilling at Red Cedar intersected multiple high-grade intercepts with visible gold, as well as a 'Leckie-type' intercept approximately 600 m from the Leckie Gold Zone, which has been the focus of more than 23,000 m of historical drilling. The acquisition of the Leckie Gold Zone consolidates the Strathy Gold Project and unlocks, for the first time, the potential to expand the historically significant Leckie Gold Zone and unlock the substantial potential for future discoveries and resource expansion at Strathy. Our Qaiqtuq Gold Project which covers 662 km 2, hosts a 10 km 2 high grade gold boulder field, is fully permitted and hosts multiple drill-ready targets. Qaiqtuq is located in Nunavut, only 26 km from Rankin Inlet and approximately 7 km from the Meliadine Gold Mine owned by Agnico Eagle Mines Limited. Our district-scale Atikokan Gold Project is approximately 26 km from the Hammond Reef Gold Project owned by Agnico Eagle Mines Limited. Our 194 km 2 Red Lake Extension (RLX) and New Frontier projects are located at the northwestern extension of the prolific Red Lake Camp in Ontario and approximately 45 km from the Red Lake Mine Complex owned by Evolution Mining. Solstice is committed to responsible exploration and development in the communities in which we work. For more details on Solstice Gold, our exploration projects and details on our recently acquired portfolio of projects please see our Corporate Presentation available at www.solsticegold.com.

Solstice Gold Corp financial statements

Key figures read from 34 of 34 financial statement filings, May 28, 2018 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$344,591C$378,668C$578,149C$1,686,252C$721,772
Short-term investmentsC$0C$143,590C$503,120C$296,950C$0
Total current assets———C$2,202,614*—
Exploration and evaluation assets———C$19,879,287—
Total assetsC$551,964C$556,648C$1,136,118C$22,081,901C$786,559
DebtC$60,255C$60,000C$40,000C$40,000C$40,000
Total liabilitiesC$321,408C$195,478C$136,601C$1,144,031C$206,241
Shareholders' equityC$230,556C$361,170C$999,517C$20,937,870C$580,318

* 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
General and administrativeC$61,220C$109,368C$249,347C$256,245C$89,684
Share-based compensationC$91,511——C$416,454C$0
Net income (loss)(C$1,148,122)(C$886,481)(C$3,516,944)(C$5,564,950)(C$416,816)

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$1,326,242)(C$920,014)(C$3,817,443)(C$5,447,177)(C$389,330)
Investing cash flowC$19,808C$194,807C$38,004C$0(C$729,321)
Financing cash flowC$1,272,357C$525,726C$2,671,336C$6,411,657C$20,000
Exploration spending (capitalized)————(C$729,321)
Proceeds from share issuesC$1,272,357C$525,726C$2,656,336C$4,704,677C$0
Change in cash(C$34,077)(C$199,481)(C$1,108,103)C$964,480(C$1,098,651)
Cash at end of periodC$344,591C$378,668C$578,149C$1,686,252C$721,772

Solstice Gold Corp financings

6 financings announced or closed by Solstice Gold Corp, read by Mining News Terminal, newest first.

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