Valhalla Metals Inc (VMXX) Financings
TSXV: VMXX · Copper, Lead, Zinc · Advanced Exploration stage
- Market cap$68.8M
- Share price$0.455
- 52-week range$0.410 – $1.48
- Shares outstanding151,140,901
- ExchangeTSXV
- Websitevalhallametals.com
Valhalla Metals Inc. is a mineral exploration and development company advancing high-grade copper-zinc-lead-gold-silver volcanogenic massive sulphide (VMS) projects in Alaska's Ambler Mining District, one of the world's premier undeveloped polymetallic mineral belts. The Company owns the Sun and Smucker projects, which host substantial mineralized systems and significant exploration potential. Valhalla is focused on creating shareholder value through disciplined exploration, resource expansion, technical advancement, and responsible project development. Valhalla Metals' common shares trade on the TSX Venture Exchange and OTCQB under the symbols VMXX and VMXXF, respectively. Additional information is available at www.valhallametals.com.
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Valhalla Metals Inc financial statements
Key figures read from 40 of 40 financial statement filings, Nov 28, 2016 to Aug 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$411,658 | US$835,414 | US$1,681,885 | US$6,774,914 | C$352,100 |
| Total current assets | US$518,460 | US$947,666 | US$1,810,372 | US$7,122,929 | C$374,648* |
| Total current liabilities | US$338,086 | US$95,775 | US$153,972 | US$367,209 | — |
| Working capital | US$180,374 | US$851,891 | US$1,656,400 | US$6,755,720 | — |
| Exploration and evaluation assets | US$50,000 | US$50,000 | US$50,000 | US$1,650,615 | C$41,854 |
| Property, plant and equipment | — | — | US$0 | US$36,121 | — |
| Total assets | US$568,460 | US$997,666 | US$1,860,372 | US$8,809,665 | C$416,502 |
| Total liabilities | US$444,919 | US$199,608 | US$254,805 | — | — |
| Shareholders' equity | US$123,541 | US$798,058 | US$1,605,567 | US$8,442,456 | (C$355,042) |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
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 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | US$377,774 | US$351,958 | US$4,919,618 | US$150,829 | C$36,472 |
| General and administrative | US$165,279 | US$175,272 | US$188,265 | US$67,803 | C$140,679 |
| Share-based compensation | — | — | US$0 | US$873,722 | — |
| Impairments and write-downs | — | — | US$1,603,315 | US$30,846 | — |
| Net income (loss) | (US$697,382) | (US$711,078) | (US$6,817,228) | (US$6,563,932) | (C$649,156) |
Cash flow statement: annual key figures
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 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (US$455,481)* | (US$750,041)* | — | — | (C$164,370) |
| Investing cash flow | — | US$0* | — | — | (C$50) |
| Financing cash flow | US$0 | — | — | — | C$0 |
| Proceeds from share issues | — | — | — | — | C$0 |
| Change in cash | (US$455,481) | (US$750,041) | (US$5,073,367) | US$6,513,849 | (C$164,420) |
| Cash at end of period | US$411,658 | US$835,414 | US$1,681,885 | US$6,774,914 | — |
* Calculated from the statement's own lines: the company did not print this total with a label.
Valhalla Metals Inc financings
1 financing announced or closed by Valhalla Metals Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-04-30 | Valhalla Metals Inc (VMXX) | Private placement, non-brokered | Closed, 2 tranches | $15.0M | $0.650 | Valhalla Metals Announces Private Placement Offering of Subscription Receipts, with Lead Orders from Major Shareholders |