Belo Sun Q2 FY26 net loss widens to CAD 4.26 million
Reuters2026/08/14 14:33- Belo Sun posted a net loss of CAD 4.26 million in Q2 2026, widening from CAD 2.6 million a year earlier.
- Operating loss widened to CAD 4.69 million, while interest income rose to CAD 424,104.
- Cash and cash equivalents jumped to CAD 40.55 million at June 30, 2026 from CAD 4.7 million at year-end.
- Financing cash inflow totaled CAD 40.64 million, driven by a CAD 41.34 million private placement with CAD 947,084 issuance costs.
- Exploration and evaluation expense rose to CAD 968,624, while legal fees climbed to CAD 541,438.
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