Thunder Gold Corp (TGOL) Financings
TSXV: TGOL · Gold · Advanced Exploration stage
- Market cap$47.4M
- Share price$0.145
- 52-week range$0.050 – $0.220
- Shares outstanding326,631,286
- ExchangeTSXV
- Websitethundergoldcorp.com
Thunder Gold is advancing the Tower Mountain project in Thunder Bay, Ont. - an emerging gold system with the scale, consistency and quality to support a long-life, open-pit operation. Results from the disciplined drill programs have consistently reinforced confidence in the continuity and predictability of the discovery while highlighting significant potential for expansion across multiple zones of the Tower Mountain intrusive complex. With industry-leading drilling costs, existing infrastructure and a skilled local work force, Tower Mountain represents a rare combination of size, scalability and cost-effective growth. At Thunder Gold, our vision is clear: to unlock a discovery that has the potential to become a transformational gold project, delivering long-term value for shareholders while contributing to the future of Canada's mining industry.
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Thunder Gold Corp financial statements
Key figures read from 44 of 44 financial statement filings, Dec 5, 2016 to Sep 16, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Apr 2026 | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$3,232,183 | C$1,077,924 | C$501,736 | C$1,505,119 | C$1,125,958 |
| Short-term investments | C$1 | C$111,001 | C$326,654 | C$324,809 | C$548,940 |
| Total current assets | C$4,940,650* | C$1,300,498* | C$940,442* | C$3,451,159* | C$2,517,938* |
| Total current liabilities | C$411,545 | C$36,080 | C$47,827 | C$884,675 | C$183,732 |
| Working capital | C$4,529,105 | C$1,264,418 | C$892,615 | C$2,566,484 | C$2,334,206 |
| Exploration and evaluation assets | C$9,868,037 | C$7,529,712 | C$6,623,802 | C$6,266,207 | C$4,856,205 |
| Property, plant and equipment | C$92,107 | C$81,304 | C$44,974 | C$58,049 | C$18,323 |
| Total assets | C$14,900,794 | C$8,911,514 | C$7,609,218 | C$9,775,416 | C$7,392,466 |
| Debt | — | — | — | C$1,357,800 | — |
| Shareholders' equity | C$14,489,249 | C$8,875,434 | C$7,561,391 | C$8,890,741 | C$7,208,734 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | — | — | — | — | C$0 |
| General and administrative | C$576,805 | C$319,960 | C$104,518 | C$201,482 | C$141,342 |
| Share-based compensation | C$643,644 | C$393,749 | C$65,720 | C$315,843 | C$415,378 |
| Net income (loss) | (C$409,157) | — | (C$666,906) | C$455,277 | (C$1,066,909) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$1,062,804)* | (C$881,130)* | — | (C$641,655)* | (C$500,538)* |
| Investing cash flow | (C$1,307,797)* | (C$600,371)* | — | (C$755,482)* | (C$2,380,591)* |
| Financing cash flow | — | — | — | C$1,075,815* | C$1,832,440* |
| Exploration spending (capitalized) | (C$2,434,545) | (C$1,017,844) | — | (C$2,191,023) | (C$2,762,652) |
| Property, plant and equipment spending | (C$31,695) | (C$51,257) | — | (C$49,809) | (C$13,567) |
| Change in cash | C$3,610,584 | C$591,188 | (C$1,021,009) | (C$321,322) | (C$1,048,689) |
| Cash at end of period | C$4,718,508 | C$1,107,924 | C$516,736 | C$1,537,745 | C$1,859,507 |
* Calculated from the statement's own lines: the company did not print this total with a label.
No financings are on record for Thunder Gold Corp yet.