Clean Air Metals Releases Interim Financial Statements

Clean Air Metals Inc. has published its unaudited interim financial statements and management discussions for the six months ending July 31, 2026. The company reported total assets of $35.5 million and a cash reserve of $422,500. However, it faced a working capital deficiency of $3.2 million.

The company spent $164,309 on exploration at its Thunder Bay North project during this period. Additionally, a grant of $57,000 was received from the Critical Minerals Innovation Fund to support metallurgical assessments.

The company's financial results include operating expenses totaling $852,887 for the six months, leading to a net loss of $842,678. Total liabilities amounted to $3.7 million, with shareholder equity at $31.8 million. Development and exploration activities continue to focus on expanding the Thunder Bay North project.