Sparton Resources Inc. (SRI) Financials
TSXV: SRI · Gold, Vanadium · Exploration stage
- Market cap$2.7M
- Share price$0.015
- 52-week range$0.015 – $0.035
- Shares outstanding181,727,252
- ExchangeTSXV
- Websitespartonres.ca
Sparton Resources Inc. is a mineral exploration company with critical-mineral and gold projects in Ontario and Quebec. The Company also holds a strategic investment in a leading vanadium redox flow battery manufacturer.
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Sparton Resources Inc. financial statements
Key figures read from 36 of 39 financial statement filings, Nov 28, 2016 to Aug 26, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), 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$284,485 | C$5,253 | C$411,406 | C$80,556 | C$236,447 |
| Short-term investments | — | — | C$0 | C$4,836 | C$9,658 |
| Total current assets | C$348,337 | C$207,768 | C$645,835 | C$258,690 | C$378,843 |
| Total current liabilities | — | — | — | C$614,698 | C$553,072 |
| Working capital | — | — | — | (C$356,008) | (C$174,229) |
| Property, plant and equipment | C$1,268 | C$21,751 | C$42,474 | C$97,183 | C$50,505 |
| Total assets | C$1,953,207 | C$1,913,032 | C$2,235,751 | C$1,943,006 | C$1,923,204 |
| Debt | C$271,136 | C$281,702 | C$227,155 | C$224,078 | C$241,001 |
| Total liabilities | C$560,100 | C$563,388 | C$565,353 | C$614,698 | C$553,072 |
| Shareholders' equity | C$1,393,107 | C$1,349,644 | C$1,670,398 | C$1,328,308 | C$1,370,132 |
Income statement: annual key figures
Canadian dollars (C$), 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 | |
|---|---|---|---|---|---|
| General and administrative | C$103,427 | C$74,092 | C$103,427 | C$72,918 | C$54,222 |
| Net income (loss) | (C$707,662) | (C$369,516) | (C$707,662) | (C$353,387) | (C$360,374) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | FY Dec 2020 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$94,773)* | (C$138,849)* | (C$155,134)* | (C$296,300)* | (C$296,300)* |
| Investing cash flow | — | C$19,699* | (C$68,757)* | (C$48,654)* | (C$48,654)* |
| Financing cash flow | C$374,005* | C$450,000* | C$68,000* | C$478,561* | C$478,561* |
| Property, plant and equipment spending | — | (C$1,200) | (C$68,757) | (C$48,654) | (C$48,654) |
| Change in cash | C$279,232 | C$330,850 | (C$155,891) | (C$133,607) | (C$133,607) |
| Cash at end of period | C$284,485 | C$411,406 | C$80,556 | C$236,447 | C$236,447 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Sparton Resources Inc. financings
3 financings announced or closed by Sparton Resources Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-01-22 | Sparton Resources Inc. (SRI) | Flow-through, non-brokered | Closed, 1 tranche | $410K | $0.035 | Sparton Resources Inc. Final Approval for Private Placement and Updates |
| 2025-10-30 | Sparton Resources Inc. (SRI) | Flow-through, private placement, non-brokered | Closed, 2 tranches | $500K | $0.030 | Sparton Announces Private Placement Offering of up to C$500,000 For its Critical Metals Exploration Programs |
| 2024-06-17 | Sparton Resources Inc. (SRI) | Flow-through, non-brokered | Closed, 2 tranches | $500K | $0.050 | Sparton Announces Private Placement Offering of up to C$500,000 For its Critical Metals and Gold Exploration Programs |