SRQ Resources Inc. (SRQ) Financings
TSXV: SRQ · Nickel, Copper, PGM · Exploration stage
- Market cap$2.8M
- Share price$0.060
- 52-week range$0.040 – $0.100
- Shares outstanding46,095,650
- ExchangeTSXV
- Websitewww.srqexploration.com
SRQ Resources Inc. engages in the base metal exploration and development business in Canada. The company explores for nickel, copper, and the platinum group elements. It owns 525 exploration claims located in Quebec. The company was formerly known as Sama Resources Québec Inc. and changed its name to SRQ Resources Inc. in May 2023. SRQ Resources Inc. was incorporated in 2021 and is headquartered in Mont Royal, Canada. Sama Resources Quebec Inc. operates as a subsidiary of Sama Resources Inc.
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SRQ Resources Inc. financial statements
Key figures read from 13 of 13 financial statement filings, Aug 23, 2023 to Aug 27, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Jan 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$496,853 | C$407,905 | C$1,736,295 | C$61,707 | C$25,332 |
| Total current assets | C$1,031,022* | C$510,089* | C$2,248,887 | C$323,189 | C$202,421 |
| Total current liabilities | C$57,888 | C$116,167 | C$323,885 | C$1,193,844 | C$506,515 |
| Working capital | C$973,134 | C$393,922 | C$1,925,002 | (C$870,655) | (C$304,094) |
| Property, plant and equipment | C$53,873 | C$57,006 | C$95,081 | C$10,613 | C$0 |
| Total assets | C$1,084,895 | C$567,095 | C$2,343,968 | C$333,802 | C$202,421 |
| Total liabilities | — | C$116,167 | — | — | — |
| Shareholders' equity | C$1,027,007 | C$450,928 | C$2,020,083 | (C$860,042) | (C$304,094) |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | |
|---|---|---|---|---|
| Exploration and evaluation expense | C$1,547,054 | C$1,048,941 | C$1,186,072 | C$595,148 |
| General and administrative | C$445,563 | C$377,480 | C$433,034 | C$125,314 |
| Share-based compensation | C$39,088 | C$48,078 | C$246,580 | C$0 |
| Net income (loss) | (C$1,727,677) | (C$1,789,183) | (C$1,549,515) | (C$555,948) |
Cash flow statement: annual key figures
Canadian dollars (C$), 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 | |
|---|---|---|---|---|
| Operating cash flow | (C$2,121,250)* | (C$1,272,232)* | (C$1,491,183)* | (C$606,761)* |
| Investing cash flow | (C$39,052)* | (C$7,429)* | (C$25,458)* | (C$11,108)* |
| Financing cash flow | C$2,249,250* | (C$48,729)* | C$3,191,229* | C$654,244* |
| Proceeds from share issues | C$2,278,488 | C$0 | C$1,091,229 | C$0 |
| Change in cash | C$88,948 | (C$1,328,390) | C$1,674,588 | C$36,375 |
| Cash at end of period | C$496,853 | C$407,905 | C$1,736,295 | C$61,707 |
* Calculated from the statement's own lines: the company did not print this total with a label.
SRQ Resources Inc. financings
1 financing announced or closed by SRQ Resources Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-03-19 | SRQ Resources Inc. (SRQ) | Flow-through, private placement, non-brokered | Closed, 1 tranche | $2.4M | $0.120 | SRQ Resources Announces Fully Committed C$2.4 Million Non- Brokered Private Placement of Common and Flow-Through Shares |