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Clean Air Metals Files Interim Financial Statements for the Three Months Ended April 30, 2024
THUNDER BAY, ON / ACCESSWIRE / July 2, 2024 / Clean Air Metals Inc. (" Clean Air Metals " or the...
About this update from Clean Air Metals, Inc.
[{"type":"text","content":"Clean Air Metals Files Interim Financial Statements for the Three Months Ended April 30, 2024THUNDER BAY, ON / ACCESSWIRE / July 2, 2024 / Clean Air Metals Inc. (\"Clean Air Metals\" or the \"Company\") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) announces that it has filed its unaudited consolidated interim financial statements and management's discussion and analysis for the three-month period ended April 30, 2024, available for viewing on www.sedarplus.ca.Financial HighlightsTotal assets as at April 30, 2024 of $38,552,693Total cash as at April 30, 2024 of $5,206,521Working capital as at April 30, 2024 of $2,272,846Shareholder's equity as at April 30, 2024 of $34,862,849Financial Summary For the three months ended April 30,2024 April 30,2023 Operating Expenses $863,264 $977,172 Net Loss and Comprehensive Loss (863,264) (905,500) Loss per share - Basic and Diluted $(0.00) $(0.00) April 30,2024 January 31,2024 Total Assets $38,552,693 $39,205,074 Total Liabilities 3,689,844 3,478,961 Total Shareholders' Equity $34,862,849 $35,726,113 Full details of the financial reports and operating results for the three-month period ended April 30, 2024 are described in the Company's unaudited consolidated interim financial statements with accompanying notes and related Management's Discussion and Analysis, available on SEDAR+ at www.sedarplus.ca.About Clean Air MetalsClean Air Metals is a development and exploration company advancing its flagship, 100% owned Thunder Bay North Critical Minerals (\"TBN\") project, 40 km northeast of Thunder Bay, Ontario. The TBN project, accessible by road and next to established infrastructure, hosts two (2) deposits - the Current and Escape deposits, only 2.5 km apart. Together, the deposits host a 13.8 Mt indicated mineral resource containing 2.4M Pt eq. oz (Technical Report on the Thunder Bay North Project, Ontario Canada, NI43-101, SLR Consulting Canada Ltd, June 19, 2023) with significant potential for expansion down-plunge.One of the rare primary platinum resources outside of South Africa, the TBN project is in a stable and mining-friendly jurisdiction and benefits from longstanding relationships with local First Nations. With its proven technical team, Clean Air Metals is committed to growing the resources at the TBN project and creating long-term value for shareholders.Social EngagementClean Air Metals Inc. ack...