v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current    
Cash $ 117,633 $ 3,480
Receivables and prepayments 3,049 1,851
Total current assets 120,682 5,331
Non-current    
Exploration assets 42,951 42,951
Right of use asset 1,907 3,814
Equipment 519 771
Software 2,125 1,928
Investments 13,447 8,203
Total non-current assets 60,949 57,667
TOTAL ASSETS 181,631 62,998
Current    
Accounts payable and accrued liabilities 46,048 42,754
Short-term debt   11,775
Warrants liability 13,351  
Total current liabilities 59,399 54,529
Non-current    
Deferred tax liability 10,675 10,675
Royalty liability 145,000 14,000
Warrants liability   912
Total non-current liabilities 155,675 25,587
TOTAL LIABILITIES 215,074 80,116
EQUITY    
Common shares (unlimited shares, no par value - issued: 422,966,333 (December 31, 2024 - 340,708,460)) 681,343 477,217
Additional paid - in capital 237,696 138,303
Accumulated other comprehensive loss (1,203) (1,203)
Deficit (951,279) (631,435)
TOTAL EQUITY (33,443) (17,118)
TOTAL LIABILITIES AND EQUITY $ 181,631 $ 62,998