Southern Empire Resources Corp. (SMP) Financings
TSXV: SMP · Gold · Advanced Exploration stage
- Market cap$5.0M
- Share price$0.050
- 52-week range$0.040 – $0.100
- Shares outstanding101,000,000
- ExchangeTSXV
- Websitewww.smp.gold
Southern Empire Resources Corp is a Canadian mining exploration company focused on expanding and developing known high-grade oxide gold deposits at its two properties in the southwestern USA namely Oro Cruz and Eastgate. It also holds interest in Pedro Gold Project.
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Southern Empire Resources Corp. financial statements
Key figures read from 34 of 34 financial statement filings, Jun 28, 2018 to Oct 7, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$817 | C$17,588 | C$48,551 | C$43,605 | C$29,320 |
| Short-term investments | C$4,600 | C$6,095 | C$195,655 | C$2,933,421 | C$4,021,814 |
| Total current assets | C$33,150* | C$45,586* | C$372,298* | C$3,070,110* | C$4,146,572* |
| Total current liabilities | C$842,773 | — | — | — | — |
| Working capital | (C$809,623) | — | — | — | — |
| Exploration and evaluation assets | C$1,176,565 | C$1,117,774 | C$11,798,580 | C$12,445,998 | C$10,626,740 |
| Property, plant and equipment | C$4,932 | C$7,045 | C$10,064 | C$14,378 | C$20,539 |
| Total assets | C$1,302,106 | C$1,257,864 | C$12,268,401 | C$15,617,945 | C$14,881,310 |
| Total liabilities | C$2,410,082 | C$1,641,726 | C$850,033 | C$520,653 | C$576,280 |
| Shareholders' equity | (C$1,107,976) | (C$383,862) | C$11,418,368 | C$15,097,292 | C$14,305,030 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Oct 2025 | FY Oct 2024 | FY Oct 2023 | FY Oct 2022 | FY Oct 2021 | |
|---|---|---|---|---|---|
| General and administrative | C$575,643 | C$573,484 | C$605,249 | C$591,935 | C$540,069 |
| Share-based compensation | C$16,038 | C$0 | C$117,614 | C$70,878 | C$181,295 |
| Net income (loss) | (C$848,152) | (C$11,828,105) | (C$3,971,538) | (C$709,306) | (C$1,614,236) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Oct 2025 | FY Oct 2024 | FY Oct 2023 | FY Oct 2022 | FY Oct 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$57,430)* | (C$172,079)* | — | (C$842,673)* | — |
| Investing cash flow | (C$59,341)* | C$141,116* | — | (C$384,232)* | — |
| Financing cash flow | C$100,000* | — | — | C$1,241,190* | — |
| Exploration spending (capitalized) | (C$91,618) | (C$59,055) | — | (C$1,735,784) | — |
| Proceeds from share issues | C$100,000 | — | — | C$984,655 | — |
| Change in cash | (C$16,771) | (C$30,963) | C$4,946 | C$14,285 | (C$3,637,894) |
| Cash at end of period | C$817 | C$17,588 | C$48,551 | C$43,605 | C$29,320 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Southern Empire Resources Corp. financings
2 financings announced or closed by Southern Empire Resources Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-04-17 | Southern Empire Resources Corp. (SMP) | Private placement, non-brokered | Closed, 1 tranche | $1.8M | $0.070 | Southern Empire Announces Private Placement Financing Southern Empire Resources Corp. (Southern Empire or “the Company”; TSX -V: SMP; Frankfurt: 5RE; OTC: SMPEF) announces a non-brokered private placement financing |
| 2025-07-03 | Southern Empire Resources Corp. (SMP) | Private placement, non-brokered | Closed, 1 tranche | $100K | $0.050 | Southern Empire Announces Private Placement Financing Southern Empire Resources Corp. (Southern Empire; TSX-V: SMP; Frankfurt: 5RE; OTC: SMPEF) announces the close of its previously announced non-brokered private placement financing |