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West Mining Corp. (WEST) Financials

CSE: WEST · Copper, Gold, Silver · Advanced Exploration stage

West Mining Corp. is a mineral exploration company currently exploring for copper, gold and silver on its 100% owned Junkers Property in north-central British Columbia and its 100% owned Spanish Mountain West Property in central British Columbia. West Mining also holds a 100% interest in the Kena Property, which it has optioned to Upside Gold Corp.

West Mining Corp. financial statements

Key figures read from 21 of 21 financial statement filings, Mar 1, 2021 to Jun 17, 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.

Oct 2025Oct 2024Oct 2023Oct 2022Oct 2021
Cash and equivalentsC$1,217C$49,626C$3,157C$681,751C$3,438,154
Short-term investmentsC$0C$2,750C$18,000C$32,000C$50,000
Total current assetsC$67,364*C$117,870*C$62,282*C$930,382*C$3,913,481*
Total current liabilitiesC$424,818C$241,241C$271,534C$21,254C$349,619
Working capital(C$357,454)(C$123,371)(C$209,252)C$909,128C$3,563,862
Exploration and evaluation assetsC$5,146,151C$6,120,252C$8,483,686C$8,483,228C$8,033,375
Total assetsC$5,271,015C$6,295,622C$8,603,468C$9,471,110C$12,227,087
DebtC$0C$53,754C$51,285——
Shareholders' equityC$4,846,197C$6,054,381C$8,331,934C$9,449,856C$11,877,468

* 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 Oct 2025FY Oct 2024FY Oct 2023FY Oct 2022FY Oct 2021
General and administrativeC$381,286C$949,516C$480,649C$754,724C$1,194,186
Share-based compensationC$91,000C$134,299C$0C$600,000C$2,667,770
Impairments and write-downsC$21,037—C$0(C$594,000)—
Net income (loss)(C$1,344,184)(C$5,136,994)(C$1,129,922)—(C$6,715,486)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Oct 2025FY Oct 2024FY Oct 2023FY Oct 2022FY Oct 2021
Operating cash flow(C$374,571)(C$1,369,867)(C$600,872)(C$1,682,550)(C$4,626,972)
Investing cash flow(C$379,916)—(C$129,007)(C$1,073,853)—
Financing cash flow(C$53,754)C$1,543,861—C$0C$10,891,093
Exploration spending (capitalized)(C$421,284)—(C$129,007)(C$1,016,353)—
Proceeds from share issuesC$0——C$0—
Change in cash(C$48,409)C$46,469(C$678,594)(C$2,756,403)—
Cash at end of periodC$1,217C$49,626C$3,157C$681,751—

West Mining Corp. financings

3 financings announced or closed by West Mining Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-01-29West Mining Corp. (WEST)Private placement, non-brokeredClosed, 1 tranche$633K$0.052West Mining Announces Financing
2024-06-24West Mining Corp. (WEST)LIFE offering, non-brokeredClosed, 1 tranche$550K$0.300West Mining Announces Private Placement
2024-04-23West Mining Corp. (WEST)Private placement, non-brokeredClosed, 1 tranche$825K$0.200West Mining Announces Private Placement

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