Clean Energy Transition Inc. (TRAN) Financings
TSXV: TRAN · Nickel · Advanced Exploration stage
- Market cap$1.8M
- Share price$0.035
- 52-week range$0.020 – $0.050
- Shares outstanding50,151,550
- ExchangeTSXV
- Websitetransition.inc
Transition.inc is focused on opportunities to generate positive cash flow across the energy transition. The Company currently holds a portfolio of Critical Minerals assets, including the Aurora Nickel Project in Ontario, where it is advancing a potential low-carbon production opportunity to supply growing North American demand for nickel, and high-quality Silica/Quartz projects at Snow White in Ontario and Silicon Ridge in Quebec, which may serve as feedstock for silicon metal used in solar energy systems and advanced manufacturing. Alongside the Critical Minerals assets, transition.inc is also looking for additional opportunities, more broadly, from across the energy transition. TRAN has launched "TranFin", an Energy-as-a-Service platform for Canadian homeowners, removing the upfront-cost barrier for homeowners seeking residential clean energy upgrades, while giving installers a new way to close projects. Under the proposed model, TranFin would fund, own, monitor, and maintain residential batteries, solar systems, heat pumps, and related bundled projects, while homeowners would receive the benefits of those Energy Assets through a predictable long-term subscription fee.
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Clean Energy Transition Inc. financial statements
Key figures read from 37 of 37 financial statement filings, Mar 30, 2017 to Sep 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), 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$420,683 | C$858,135 | C$781,024 | C$3,593 | C$30,123 |
| Short-term investments | C$90,960 | C$280,440 | C$1,704,380 | C$0 | C$6,454 |
| Total current assets | C$592,689 | C$1,337,334 | C$2,544,652 | C$198,192 | C$417,154 |
| Total current liabilities | — | — | C$388,816 | C$4,309,321 | C$3,613,774 |
| Working capital | — | — | C$2,155,836 | (C$4,111,129) | (C$3,196,620) |
| Exploration and evaluation assets | — | — | C$0 | C$1,221,003 | C$1,177,061 |
| Property, plant and equipment | C$0 | C$2,389 | C$16,717 | C$112,693 | C$132,443 |
| Total assets | C$592,689 | C$1,339,723 | C$2,561,369 | C$7,864,487 | C$7,723,432 |
| Debt | — | — | C$0 | C$1,844,503 | C$2,085,036 |
| Total liabilities | C$274,686 | C$395,463 | C$388,816 | C$5,314,785 | C$4,904,699 |
| Shareholders' equity | C$318,003 | C$944,260 | C$2,172,553 | C$2,549,702 | C$2,818,733 |
Income statement: annual key figures
Canadian dollars (C$), 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 | |
|---|---|---|---|---|---|
| Revenue | C$0 | C$126,585 | C$498,590 | C$1,347,930 | C$1,665,057 |
| Cost of sales | C$0 | (C$134,111) | (C$290,058) | (C$726,665) | (C$862,435) |
| Exploration and evaluation expense | C$115,101 | C$464,155 | — | — | — |
| General and administrative | C$102,433 | C$141,191 | C$92,218 | C$99,972 | C$73,862 |
| Share-based compensation | C$21,452 | C$15,362 | C$25,603 | C$0 | C$19,615 |
| Net income (loss) | (C$597,820) | (C$490,349) | (C$1,420,425) | (C$291,501) | (C$9,788,780) |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$580,137) | (C$1,293,322) | (C$1,166,650) | C$1,167,678 | C$533,300 |
| Investing cash flow | — | C$957,921 | C$3,977,955 | (C$789,326) | (C$346,584) |
| Financing cash flow | — | C$412,512 | (C$2,033,874) | (C$404,882) | (C$284,994) |
| Exploration spending (capitalized) | — | C$0 | (C$4,656) | (C$43,941) | (C$35,875) |
| Property, plant and equipment spending | — | C$0 | (C$30,510) | (C$3,592) | (C$121,031) |
| Proceeds from share issues | — | C$412,512 | — | — | C$0 |
| Change in cash | (C$437,452) | C$77,111 | C$0 | (C$273,082) | (C$540,278) |
| Cash at end of period | C$420,683 | C$858,135 | C$781,024 | C$3,593 | C$30,123 |
Clean Energy Transition Inc. financings
1 financing announced or closed by Clean Energy Transition Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-06-22 | Clean Energy Transition Inc. (TRAN) | Private placement, non-brokered | Closed, 1 tranche | $375K | $0.050 | Transition.inc Introduces TranFin Energy-as-a-Service Platform and Announces Financing |
Clean Energy Transition Inc. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Clean Energy Transition Inc. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2024-02-05 | Credit facility, repaid / settled | Bank | C$1.8M | 0%, matures 2021-06-07 |