Minaurum Silver FY2026 loss widens as company cites higher Alamos drilling and resource work costs

Reuters2026/08/25 03:35

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Minaurum posted a fiscal 2026 comprehensive loss of CAD 17.48 million, widened from CAD 5.72 million a year earlier.
Spending surged on drilling and resource-estimate work at Alamos (Quintera), lifting exploration costs to CAD 14.25 million from CAD 3.46 million.
General and administrative expenses rose to CAD 2.31 million from CAD 1.13 million, reflecting higher marketing, professional fees, share-based payments.
Working capital totaled CAD 19.02 million at April 30, 2026, supported by financings of CAD 9.2 million in July 2025, CAD 25 million in December 2025.
Cash was CAD 19.59 million at year-end; total assets increased to CAD 26.32 million from CAD 7.66 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Minaurum Silver Inc. published the original content used to generate this news brief on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Minaurum Silver FY2026 loss widens as company cites higher Alamos drilling and resource work costs

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