American Pacific Mining Corp (USGD) Financings
CSE: USGD · Copper, Gold · Exploration stage
- Market cap$40.1M
- Share price$0.150
- 52-week range$0.120 – $0.310
- Shares outstanding267,125,947
- ExchangeCSE
- Websiteamericanpacificmining.com
American Pacific Mining Corp. is a precious and base metals explorer and developer focused on opportunities in the Western United States. The Company's flagship asset is the 100%-owned past-producing Madison Copper-Gold Project in Montana. For the Madison transaction, American Pacific was selected as a finalist in both 2021 and 2022 for 'Deal of the Year' at the S&P Global Platts Metals Awards, an annual program that recognizes exemplary accomplishments in 16 performance categories. Through a 2025 transaction with Vizsla Copper, American Pacific has established a major equity position milestone upside exposure to the advanced exploration stage Plamer Copper-Zinc VMS Project in Alaska. Also, in American Pacific's portfolio are several high-grade, precious metals projects located in key mining districts in Nevada, some of which the Company intends to transact. the Company's mission is to provide shareholders discovery and exploration upside exposure across its portfolio through partnerships, spin-outs and direct exploration.
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American Pacific Mining Corp financial statements
Key figures read from 11 of 11 financial statement filings, Apr 29, 2024 to Aug 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | |
|---|---|---|---|---|
| Cash and equivalents | C$908,702 | C$12,345,191 | C$2,858,690 | C$6,036,504 |
| Short-term investments | C$11,251,874 | — | — | — |
| Total current assets | C$17,044,919 | C$40,075,018 | C$37,234,066 | C$36,578,993 |
| Total current liabilities | C$1,550,425 | C$3,997,430 | C$1,214,160 | C$925,258 |
| Working capital | C$15,494,494 | C$36,077,588 | C$36,019,906 | C$35,653,735 |
| Exploration and evaluation assets | C$9,078,085 | C$33,147,687 | C$35,616,173 | C$36,215,068 |
| Property, plant and equipment | C$63,644 | C$2,417,641 | C$1,470,850 | C$199,852 |
| Total assets | C$33,647,306 | C$52,809,515 | C$41,248,198 | C$42,961,087 |
| Total liabilities | C$1,580,502 | C$4,108,373 | C$2,136,632 | C$1,019,369 |
| Shareholders' equity | C$32,066,804 | C$48,701,142 | C$39,111,566 | C$41,941,718 |
Income statement: annual key figures
Canadian dollars (C$), 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$8,024,751 | C$6,090,242 | C$11,168,489 | C$4,920,570 |
| General and administrative | C$1,102,520 | C$869,804 | C$1,015,793 | C$743,867 |
| Share-based compensation | C$195,949 | C$14,069 | C$1,372,440 | C$1,827,754 |
| Net income (loss) | (C$15,820,792) | C$3,485,523 | (C$9,068,844) | (C$10,091,012) |
Cash flow statement: annual key figures
Canadian dollars (C$), 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$7,347,416) | (C$7,454,714) | (C$13,931,794) | (C$8,060,330) |
| Investing cash flow | (C$1,173,914) | C$8,876,297 | (C$955,050) | (C$703,646) |
| Financing cash flow | (C$2,610,084) | C$7,539,288 | C$11,733,988 | C$88,048 |
| Exploration spending (capitalized) | (C$533,213) | (C$518,236) | (C$263,700) | (C$261,783) |
| Property, plant and equipment spending | (C$6,628) | (C$30,466) | (C$530,670) | (C$3,685) |
| Proceeds from share issues | — | C$4,219,762 | — | — |
| Change in cash | (C$11,436,489) | C$9,486,501 | (C$3,177,814) | (C$9,049,171) |
| Cash at end of period | C$908,702 | C$12,345,191 | C$2,858,690 | C$6,036,504 |
American Pacific Mining Corp financings
1 financing announced or closed by American Pacific Mining Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-01-20 | American Pacific Mining Corp (USGD) | LIFE offering, non-brokered | Closed, 1 tranche | $9.8M | $0.220 | American Pacific Announces Non-Brokered LIFE Financing of up to $7.5 Million |