Total Metals Corp (TT) Financings
TSXV: TT · Gold · Exploration stage
- Market cap$12.2M
- Share price$0.205
- 52-week range$0.175 – $1.40
- Shares outstanding59,315,766
- ExchangeTSXV
- Websitetotalmetalscorp.com
Total Metals Corp. is focused on developing and advancing its high-grade gold and critical mineral assets located in Eastern Canada. The Electrolode Project is targeting high-potential critical mineral plus gold resources and targets in three favorable geologic trends, located near major mines in the Red Lake Gold camp and is strategically located between Kinross Gold's Great Bear Project and First Mining Gold's Springpole Project. The Electrolode Project is fully permitted for exploration drilling and hosts 10 historic mineralized zones with significant expansion potential plus new, untested targets ready for further exploration. Total Metals also owns 100% of the High Lake and West Hawk Lake Project covering 958 hectares in two gold properties located along the Trans-Canada Highway straddling the Manitoba / Ontario border. The Purdex Zone on the High Lake property has significant exploration potential and will be the primary target for initial exploration and potential future mining activities. The West Hawk Lake property is comprised of a single mineral lease, located within southeastern Manitoba. The Company has an option on the Menary gold property, strategically located in the Kenora Mining Division of Ontario, sharing a common southern boundary with the Rainy River claims being acquired by Coeur Mining, Inc. ('Coeur') following its ~US$7 billion acquisition of New Gold Inc. The most recent addition to the Company is the Pick Lake property, consisting of 75 claims and a mining lease covering over 5,260 hectares, accessible via a road connected to the Trans-Canada Highway to the south. The Pick Lake critical minerals deposit has an average strike length of approximately 250m and a depth extension tested between 300 to 1200m.
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Total Metals Corp financial statements
Key figures read from 5 of 5 financial statement filings, Aug 27, 2025 to Sep 25, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Apr 2026 | Apr 2025 | |
|---|---|---|
| Cash and equivalents | C$3,928,054 | C$391 |
| Total current assets | C$5,047,014 | C$2,366 |
| Exploration and evaluation assets | C$17,553,134 | C$392,610 |
| Total assets | C$22,600,148 | C$394,976 |
| Total liabilities | C$2,065,244 | C$45,275 |
| Shareholders' equity | C$20,534,904 | C$349,701 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | |
|---|---|---|
| General and administrative | C$1,393,462 | C$63,067 |
| Share-based compensation | C$1,992,098 | C$0 |
| Net income (loss) | (C$4,873,624) | (C$85,372) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | |
|---|---|---|
| Operating cash flow | (C$3,799,178) | (C$60,322) |
| Investing cash flow | (C$11,664,059) | (C$93,109) |
| Financing cash flow | C$19,390,900 | C$140,000 |
| Exploration spending (capitalized) | (C$11,667,608) | (C$93,109) |
| Proceeds from share issues | C$20,511,403 | C$140,000 |
| Change in cash | C$3,927,663 | (C$13,431) |
| Cash at end of period | C$3,928,054 | C$391 |
Total Metals Corp financings
3 financings announced or closed by Total Metals Corp, read by Mining News Terminal, newest first.
Total Metals Corp debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Total Metals Corp 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 |
|---|---|---|---|---|
| 2026-02-09 | Loan, terminated (company lending) | to Kattegat Mining Inc | — | 8% |