THUNDER BAY, ON / ACCESS Newswire / June 30, 2026 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSX.V: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, 2026, available for viewing on www.sedarplus.ca.
Financial Highlights
Total assets as at April 30, 2026 of $35,855,341
Total cash as at April 30, 2026 of $664,328
Working capital deficiency as at April 30, 2026 of $2,683,766
Shareholder's equity as at April 30, 2026 of $32,258,687
During the three-month period ended April 30, 2026, the Company incurred $57,783 in cost for exploration activities at the TBN project. During the quarter, the Company has been pursuing project financing alternatives while continuing to advance critical aspects of the project including progressing Advanced Exploration permitting discussions, and detailed planning for the next phase of exploration at Escape down-plunge.
Financial Summary
For the three months ended | ||||||||
April 30, 2026 | April 30, 2025 | |||||||
Operating Expenses | $ | 356,240 | $ | 352,569 | ||||
Net Loss and Comprehensive Loss | (349,906 | ) | (223,641 | ) | ||||
Loss per share - | ||||||||
Basic and Diluted | $ | (0.00 | ) | $ | (0.00 | ) | ||
April 30, 2026 | January 31, 2026 | |||||||
Total Assets | $ | 35,855,341 | $ | 36,226,670 | ||||
Total Liabilities | 3,596,654 | 3,621,866 | ||||||
Total Shareholders' Equity | $ | 32,258,687 | $ | 32,604,804 |
Full details of the financial reports and operating results for the three-month period ended April 30, 2026 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 Metals
Clean 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 14.9 Mt indicated mineral resource grading 2.66 g/t (Pt+Pd), 0.40% Cu and 0.24% Ni (NI 43-101 PEA Technical Report, Thunder Bay North Project, Ontario, Canada SLR Consulting Canada Ltd, November 21, 2025,) 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.