Volta Metals Ltd. (VLTA) Financings
CSE: VLTA · REE, Gallium, Lithium · Exploration stage
- Market cap$38.7M
- Share price$0.265
- 52-week range$0.135 – $0.400
- Shares outstanding146,124,044
- ExchangeCSE
- Websitevoltametals.ca
Volta Metals Ltd. is a critical mineral exploration company focused on rare earths, gallium, lithium, cesium, and tantalum. Volta owns, has optioned and is currently exploring a critical minerals portfolio in Ontario, one of the world's most prolific and emerging hard-rock critical mineral districts.
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Volta Metals Ltd. financial statements
Key figures read from 8 of 11 financial statement filings, Nov 29, 2019 to Aug 17, 2023. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Cash and equivalents | C$1,054,186 | C$156,315 |
| Short-term investments | C$25,000 | C$0 |
| Total current assets | C$1,148,202* | — |
| Property, plant and equipment | C$0 | C$1,341 |
| Total assets | C$1,358,763 | C$4,529,910 |
| Total liabilities | C$100,606 | C$991,535 |
| Shareholders' equity | C$1,258,158 | C$3,538,375 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2022 | FY Dec 2021 | |
|---|---|---|
| Revenue | C$0 | C$69,400 |
| General and administrative | C$55,348 | C$116,643 |
| Share-based compensation | C$41,460 | C$39,583 |
| Net income (loss) | (C$2,268,052) | C$2,140,273 |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2022 | FY Dec 2021 | |
|---|---|---|
| Operating cash flow | (C$550,657) | (C$2,062,982) |
| Investing cash flow | C$2,150,749 | C$2,400 |
| Financing cash flow | (C$700,000) | C$1,934,285 |
| Proceeds from share issues | C$0 | C$930,000 |
| Change in cash | C$897,871 | (C$129,933) |
| Cash at end of period | C$1,054,186 | C$156,315 |
Volta Metals Ltd. financings
1 financing announced or closed by Volta Metals Ltd., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-04-07 | Volta Metals Ltd. (VLTA) | LIFE offering, non-brokered | Closed, 1 tranche | $2.5M | $0.170 | Volta Metals Announces Non-Brokered LIFE Offering |