on Clean Air Metals, Inc. (NASDAQ:CLRMF)
Clean Air Metals Releases Financial Results for Nine Months Ending October 31, 2025
Clean Air Metals Inc. has published its unaudited interim financial statements and management's discussion for the nine months ending October 31, 2025. The company reported total assets of $36,602,553 and a working capital deficiency of $1,746,454. Shareholder's equity stood at $33,030,843.
During the period, the company incurred exploration costs of $1,046,223 at its Thunder Bay North (TBN) project. A key milestone was the completion of initial drilling at the Escape down-plunge area, resulting in a mineral discovery 400 meters from the known resource. Additionally, a Preliminary Economic Assessment was finalized.
Operating expenses for the nine-month period were $1,111,055, leading to a net loss of $895,835. Despite these figures, Clean Air Metals remains committed to its resource growth strategy at TBN.
R. E.
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