Pacific Empire Minerals management says Q1 ended June 30, 2026 loss widens on higher exploration and administrative spending
Reuters2026/09/01 00:44- Management commentary for the three months ended June 30, 2026 reported a comprehensive loss of CAD 510,984.
- Higher net exploration spending of CAD 201,869 drove the wider loss, compared with CAD 22,522 a year earlier.
- General and administrative expense rose to CAD 326,917 from CAD 140,506, led by consulting, investor relations, professional fees.
- Financing activity lifted liquidity; cash was CAD 3,277,809, working capital CAD 3,185,987 at quarter-end.
- Management flagged potential need for additional cash to fund plans, citing possible financing or asset sales.
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