Westward Gold Inc. (WG) Financials
CSE: WG · Gold · Exploration stage
- Market cap$34.4M
- Share price$0.150
- 52-week range$0.070 – $0.395
- Shares outstanding229,258,083
- ExchangeCSE
- Properties2
- Websitewestwardgold.com
Westward Gold is a mineral exploration company focused on developing the Toiyabe and Turquoise Canyon Projects located in the Cortez Hills area of Lander County, Nevada. The Company is also advancing the Mulloy Project in Northern Ontario. From time to time, the Company may also evaluate the acquisition of other mineral exploration assets and opportunities.
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Westward Gold Inc. financial statements
Key figures read from 10 of 12 financial statement filings, Aug 15, 2019 to Jul 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Mar 2026 | Mar 2025 | |
|---|---|---|
| Cash and equivalents | C$4,181,611 | C$841,336 |
| Total current assets | C$4,308,046 | C$1,001,979 |
| Exploration and evaluation assets | C$13,521,964 | C$9,060,390 |
| Total assets | C$18,086,088 | C$10,261,699 |
| Total liabilities | C$190,400 | C$173,290 |
| Shareholders' equity | C$17,895,688 | C$10,088,409 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | |
|---|---|---|
| General and administrative | C$753,275 | C$701,727 |
| Share-based compensation | C$806,145 | C$179,255 |
| Net income (loss) | (C$2,046,884) | (C$1,348,962) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | |
|---|---|---|
| Operating cash flow | (C$1,100,724) | (C$1,460,894) |
| Investing cash flow | (C$4,607,019) | (C$817,657) |
| Financing cash flow | C$9,048,018 | C$2,699,575 |
| Exploration spending (capitalized) | (C$4,545,170) | (C$796,299) |
| Proceeds from share issues | C$8,649,965 | C$2,430,600 |
| Change in cash | C$3,340,275 | C$421,024 |
| Cash at end of period | C$4,181,611 | C$841,336 |
Westward Gold Inc. financings
4 financings announced or closed by Westward Gold Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-09-09 | Westward Gold Inc. (WG) | Private placement, non-brokered | Closed, 1 tranche | $12.0M | $0.250 | Westward Gold Announces $5M Non-Brokered Private Placement Financing, with a Combined $2.5M in Lead Orders from Top Shareholders Crescat Capital LLC & Concept Capital Management Ltd. |
| 2025-09-23 | Westward Gold Inc. (WG) | Private placement, non-brokered | Closed, 1 tranche | $5.0M | $0.110 | Westward Gold Announces 5m Non Brokered Private Placement Financing With 2.5m Lead Order From New Cornerstone Investor 1m From |
| 2025-03-19 | Westward Gold Inc. (WG) | Private placement, non-brokered | Closed, 1 tranche | $4.0M | $0.080 | Westward Gold Announces Financing With 1m Lead Order From Crescat Capital Llc |
| 2024-11-29 | Westward Gold Inc. (WG) | Private placement, non-brokered | Closed, 1 tranche | $1.2M | $0.080 | Westward Gold Announces 800 000 Private Placement |
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