Clean Air Metals Files Interim Financial Statements for the Six Months Ended July 31, 2025
Clean Air Metals (OTCQB:CLRMF) has released its financial statements for the six months ended July 31, 2025. The company reported total assets of $36.9 million and cash position of $2.48 million. The company faces a working capital deficiency of $1.02 million, with shareholders' equity at $33.34 million.
During the period, Clean Air Metals invested $620,396 in exploration at the TBN project, focusing on the Escape Deposit. The company initiated a drill program and expects assay results in fiscal Q3. Additionally, work has begun on a Preliminary Economic Assessment (PEA) for Thunder Bay North, which will evaluate toll-milling options and focus on higher margin material from the Current and Escape deposits.
Net loss for the six months decreased to $589,533 compared to $2.29 million in the previous year.Clean Air Metals (OTCQB:CLRMF) ha pubblicato i bilanci per i sei mesi conclusi il 31 luglio 2025. L'azienda ha riportato attività totali di $36.9 milioni e una posizione di cassa di $2.48 milioni. L'azienda registra una carenza di capitale circolante di $1.02 milioni, con una patrimoniale degli azionisti di $33.34 milioni.
Durante il periodo, Clean Air Metals ha investito $620,396 in esplorazione del progetto TBN, concentrandosi sul giacimento Escape. La società ha avviato un programma di trivellazione e si aspettano i risultati delle analisi nel trimestre fiscale Q3. Inoltre, sono stati avviati lavori per una Preliminary Economic Assessment (PEA) per Thunder Bay North, che valuterà opzioni di toll-milling e si concentrerà su materiale a margine più elevato proveniente dai giacimenti Current ed Escape.
La perdita netta per sei mesi è diminuita a $589,533 rispetto a $2.29 milioni nell'anno precedente.
Clean Air Metals (OTCQB:CLRMF) ha publicado sus estados financieros para los seis meses finalizados al 31 de julio de 2025. La empresa reportó activos totales de $36.9 millones y una posición de efectivo de $2.48 millones. La compañía enfrenta una deficiencia de capital de trabajo de $1.02 millones, con un patrimonio de los accionistas de $33.34 millones.
Durante el periodo, Clean Air Metals invirtió $620,396 en exploración en el proyecto TBN, enfocándose en el yacimiento Escape. La empresa inició un programa de perforaciones y espera resultados de ensayos en el trimestre fiscal Q3. Además, se ha iniciado un Trabajo de Evaluación Económica Preliminar (PEA) para Thunder Bay North, que evaluará opciones de toll-milling y se centrará en material de mayor margen procedente de los depósitos Current y Escape.
La pérdida neta para los seis meses disminuyó a $589,533 en comparación con $2.29 millones en el año anterior.
Clean Air Metals(OTCQB:CLRMF)가 2025년 7월 31일 종료된 6개월 간의 재무제표를 발표했습니다. 회사의 총자산은 $36.9 million, 현금 보유액은 $2.48 million로 보고되었습니다. 운전자본 부족은 $1.02 million이고 주주자본은 $33.34 million입니다.
기간 중 Clean Air Metals는 TBN 프로젝트의 탐사에 $620,396를 투자했으며 Escape 광산에 주력했습니다. 회사는 시추 프로그램을 시작했으며 분기 회계의 Q3에서 시험 결과를 기대하고 있습니다. 또한 Thunder Bay North에 대한 예비 경제성 평가(PEA) 작업이 시작되어 톨링 방식 옵션을 평가하고 Current 및 Escape 매장지의 더 높은 마진 자재에 초점을 맞출 예정입니다.
6개월간 순손실은 전년 동기 $2.29 백만에서 $589,533으로 감소했습니다.
Clean Air Metals (OTCQB:CLRMF) a publié ses états financiers pour les six mois terminés le 31 juillet 2025. L’entreprise a enregistré des actifs totaux de $36.9 millions et une position de trésorerie de $2.48 millions. La société fait face à un défaut de fonds de roulement de $1.02 million, avec des capitaux propres des actionnaires à $33.34 millions.
Au cours de la période, Clean Air Metals a investi $620,396 dans l’exploration du projet TBN, en se concentrant sur le gisement Escape. L’entreprise a lancé un programme de forage et s’attend à des résultats d’analyses au cours du trimestre fiscal Q3. De plus, des travaux ont commencé sur une Évaluation Préliminaire de Faisabilité (PEA) pour Thunder Bay North, qui évaluera les options de toll-milling et se concentrera sur le matériau à marge plus élevée provenant des dépôts Current et Escape.
La perte nette sur six mois a diminué à $589,533 comparé à $2.29 millions l’année précédente.
Clean Air Metals (OTCQB:CLRMF) hat seine Finanzberichte für die sechs Monate bis zum 31. Juli 2025 veröffentlicht. Das Unternehmen meldete insgesamt Vermögenswerte von $36.9 Millionen und eine Barbestandsposition von $2.48 Millionen. Das Unternehmen verzeichnet eine Working-Capital-Unterdeckung von $1.02 Millionen, während das Eigenkapital der Aktionäre bei $33.34 Millionen liegt.
Im Berichtszeitraum investierte Clean Air Metals $620,396 in die Erkundung des TBN-Projekts, mit Fokus auf den Escape-Vorkommen. Das Unternehmen hat ein Bohrprogramm gestartet und rechnet mit Ergebnissen der Assays im Geschäftsjahr Q3. Zudem wurden Arbeiten an einer Preliminary Economic Assessment (PEA) für Thunder Bay North aufgenommen, die Optionen des Toll-Milling bewerten und sich auf margenstärkere Materialien aus den Vorkommen Current und Escape konzentrieren wird.
Der Nettolverlust für die sechs Monate sank auf $589,533 im Vergleich zu $2.29 Millionen im Vorjahr.
Clean Air Metals (OTCQB:CLRMF) أصدرت بياناتها المالية للنصف الأول المنتهي في 31 يوليو 2025. أبلغت الشركة عن أصول إجمالية قدرها $36.9 مليون وموقف نقدي قدره $2.48 مليون. تواجه الشركة عجزاً في رأس المال العامل قدره $1.02 مليون وحقوق المساهمين عند $33.34 مليون.
خلال الفترة، استثمرت Clean Air Metals $620,396 في الاستكشاف بمشروع TBN، مع التركيز على موضع Escape. بدأت الشركة برنامج حفر وتتوقع نتائج الاختبارات في الربع المالي Q3. كما بدأ العمل أيضاً على تقييم اقتصادي تمهيدي (PEA) لـ Thunder Bay North، الذي سيقيّم خيارات طحن Toll-Milling ويركّز على مواد ذات هامش أعلى من خُزيني Current وEscape.
انخفضت الخسارة الصافية للنصف الأول إلى $589,533 مقارنة بـ $2.29 مليون في العام السابق.
Clean Air Metals (OTCQB:CLRMF) 已披露截至2025年7月31日止的六个月财务报表。公司总资产为$36.9 million，现金头寸为$2.48 million。公司存在$1.02 million的营运资金缺口，股东权益为$33.34 million。
在此期间，Clean Air Metals在TBN项目的勘探投入了$620,396，重点关注Escape矿体。公司已启动钻探计划，预计在本财年第三季度获得化验结果。此外，Thunder Bay North的初步经济评价（PEA）已启动，评估 toll-milling 选项，并将重点放在Current与Escape矿床的高边际材料上。
六个月的净亏损为$589,533，低于前一年的$2.29百万。
- None.
- Working capital deficiency of $1.02 million indicates potential short-term liquidity challenges
- Total assets decreased to $36.95 million from $37.91 million since January 2025
- Shareholders' equity declined to $33.34 million from $33.89 million since January 2025
THUNDER BAY, ON / ACCESS Newswire / September 29, 2025 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) announces that it has filed its unaudited consolidated interim financial statements and management's discussion and analysis for the six-month period ended July 31, 2025, available for viewing on www.sedarplus.ca.
Financial Highlights
Total assets as at July 31, 2025 of
$36,946,848 Total cash as at July 31, 2025 of
$2,479,746 Working capital deficiency as at July 31, 2025 of
$1,017,202 Shareholder's equity as at July 31, 2025 of
$33,337,146
During the six months ended July 31, 2025, the Company incurred
Financial Summary
For the three months ended | For the six months ended | |||||||||||||||
July 31, 2025 | July 31, 2024 | July 31, 2025 | July 31, 2024 | |||||||||||||
Operating Expenses | $ | 400,205 | $ | 1,437,180 | $ | 752,774 | $ | 2,300,444 | ||||||||
Net Loss and Comprehensive Loss | (365,892 | ) | (1,425,964 | ) | (589,533 | ) | (2,289,228 | ) | ||||||||
Loss per share - | ||||||||||||||||
Basic and Diluted | $ | (0.00 | ) | $ | (0.01 | ) | $ | (0.00 | ) | $ | (0.01 | ) | ||||
July 31, 2025 | January 31, 2025 | |||||||||||||||
Total Assets | $ | 36,946,848 | $ | 37,908,937 | ||||||||||||
Total Liabilities | 3,609,702 | 4,017,254 | ||||||||||||||
Total Shareholders` Equity | $ | 33,337,146 | $ | 33,891,683 | ||||||||||||
Full details of the financial reports and operating results for the six month period ended July 31, 2025 are described in the Company's unaudited consolidated interim financial statements with accompanying notes and related Management's Discussion and Analysis, available on SEDAR+ at www.sedarplus.ca.
About Clean Air Metals
Clean Air Metals is a development and exploration company advancing its flagship,
One of the rare primary platinum resources outside of South Africa, the TBN project is in a stable and mining-friendly jurisdiction and benefits from longstanding relationships with local First Nations. With its proven technical team, Clean Air Metals is committed to growing the resources at the TBN project and creating long-term value for shareholders.
Social Engagement
Clean Air Metals Inc. acknowledges that the Thunder Bay North Critical Minerals Project is located within the area encompassed by the Robinson-Superior Treaty of 1850 and includes the territories of the Fort William First Nation, Red Rock Indian Band, Biinjitiwabik Zaaging Anishinabek and Kiashke Zaaging Anishinaabek. Clean Air Metals also acknowledges the contributions of the Métis Nation of Ontario, Region 2 and the Red Sky Métis Independent Nation to the rich history of our area.
The Company appreciates the opportunity to work in these territories and remains committed to the recognition and respect of those who have lived, travelled, and gathered on the lands since time immemorial. Clean Air Metals is committed to stewarding Indigenous heritage and remains committed to building, fostering and encouraging a respectful relationship with First Nations, Métis and Inuit peoples based upon principles of mutual trust, respect, reciprocity and collaboration in the spirit of reconciliation.
ON BEHALF OF THE BOARD OF DIRECTORS
"Mike Garbutt"
Mike Garbutt, CEO of Clean Air Metals Inc.
Connect with us on X/ Facebook/ Instagram.
Visit www.cleanairmetals.ca for more information or contact:
Mia Boiridy
Director of Communications and Investor Relations
250-575-3305
mboiridy@cleanairmetals.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or, future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof, and the Company does not assume any obligation to update or revise them to reflect new events or circumstances except in accordance with applicable securities laws. Actual events or results could differ materially from the Company's expectations or projections.
SOURCE: Clean Air Metals, Inc.
View the original press release on ACCESS Newswire
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