on Clean Air Metals, Inc. (NASDAQ:CLRMF)
Clean Air Metals Reports Q1 2025 Financials
Clean Air Metals Inc. has filed its financial results for the quarter ending April 30, 2025. The company registered total assets of $37.5 million and cash reserves of $2.5 million. A working capital deficit of $527,130 was noted, while shareholder equity stood at $33.7 million.
During this period, Clean Air Metals allocated $584,284 towards exploration at the Thunder Bay North project, focusing on drilling and geophysics at the Current Deposit. These efforts are pivotal for revising the mine plan.
The quarter saw operating expenses of $352,569, significantly down from $863,264 year-on-year. The net loss was $223,641, compared to the previous year's $863,264, maintaining a stable loss per share of $0.00.
Detailed financial reports are available on SEDAR+.
R. E.
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