Pacific Empire Minerals FY2026 loss widens as Trident drilling drives higher exploration spend, share-based pay rises

Reuters2026/07/29 23:49

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Pacific Empire Minerals posted a loss of CAD 2.39 million for the year ended March 31, 2026, driven by higher exploration spending and operating costs.
Net exploration expenditures rose to CAD 1.06 million, mainly tied to drilling work programs at the Trident property.
General and administrative expenses increased to CAD 1.48 million, led by CAD 419,095 of share-based compensation and higher consulting and directors’ fees.
Working capital improved to CAD 547,606, supported by CAD 2.55 million of financing cash inflows, including CAD 1.83 million in private placements.
Cash ended at CAD 629,118; management flagged a need for additional funding to cover planned administrative and exploration spending.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Empire Minerals Corp. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pacific Empire Minerals FY2026 loss widens as Trident drilling drives higher exploration spend, share-based pay rises

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