VR Resources Ltd. (VRR) Financials
TSXV: VRR · Copper, Gold · Exploration stage
- Market cap$21.7M
- Share price$0.350
- 52-week range$0.085 – $0.630
- Shares outstanding62,020,429
- ExchangeTSXV
- Websitevrresources.com
VR is an established junior exploration company based in Vancouver, British Columbia. VR evaluates, explores and advances opportunities in copper, gold and critical metals in Nevada, USA, and Ontario, Canada. VR applies modern exploration technologies, in-house experience and expertise in greenfields exploration to large-footprint mineral systems in underexplored areas/districts. The foundation of VR is the proven track record of its Board in early-stage exploration, discovery and M&A. VR owns its projects outright and evaluates new opportunities on an ongoing basis, whether by staking or acquisition.
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VR Resources Ltd. financial statements
Key figures read from 39 of 39 financial statement filings, Nov 4, 2016 to Oct 29, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$2,532,086 | C$246,932 | C$2,125,958 | C$744,191 | C$1,968,469 |
| Short-term investments | C$0 | C$229,180 | — | — | — |
| Total current assets | C$3,623,390* | C$574,193* | C$5,114,694* | C$797,792* | C$2,042,563* |
| Exploration and evaluation assets | C$2,133,203 | C$2,926,243 | C$2,483,808 | C$10,313,757 | C$9,146,463 |
| Property, plant and equipment | — | C$0 | C$1,110 | C$1,585 | C$2,264 |
| Total assets | C$5,803,397 | C$3,650,909 | C$7,650,342 | C$11,193,900 | C$11,246,647 |
| Shareholders' equity | C$5,443,360 | C$3,581,941 | C$7,550,124 | C$11,082,944 | C$10,928,337 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| General and administrative | C$119,056 | C$153,418 | C$150,014 | C$119,823 | C$82,231 |
| Share-based compensation | C$479,571 | C$288,381 | C$242,438 | C$136,211 | C$426,574 |
| Impairments and write-downs | C$0 | (C$1,569,470) | — | — | — |
| Net income (loss) | (C$975,748) | (C$5,011,613) | (C$7,085,113) | (C$2,400,945) | (C$2,612,560) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$787,287) | (C$780,482) | (C$760,412) | (C$639,416) | (C$677,302) |
| Investing cash flow | (C$243,019) | (C$1,658,065) | (C$1,335,683) | (C$2,712,564) | (C$2,539,258) |
| Financing cash flow | C$3,329,364 | C$547,619 | C$3,477,862 | C$2,127,702 | C$2,253,281 |
| Exploration spending (capitalized) | (C$435,831) | (C$2,770,453) | (C$1,365,719) | (C$2,722,235) | (C$2,483,901) |
| Change in cash | C$2,285,154 | C$1,879,026 | C$1,381,767 | (C$1,224,278) | (C$963,279) |
| Cash at end of period | — | — | C$2,125,958 | C$744,191 | C$1,968,469 |
VR Resources Ltd. financings
1 financing announced or closed by VR Resources Ltd., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-09-17 | VR Resources Ltd. (VRR) | Private placement, non-brokered | Closed, 1 tranche | $7.5M | $0.400 | VR Resources Closes $7.5M Private Placement |