Mar. 19 at 4:35 PM
$UURAF As at December 31, 2025, the Company had positive working capital of approximately
$19.5 million with an
unrestricted cash balance of approximately
$26.12 million. As at December 31, 2025, the Company had current
assets of approximately
$28.45 million and current liabilities of approximately
$8.94 million resulting in current ratio
of 3.18.
Subsequent to December 31, 2025, the Company received proceeds of
$4,095,795 from the exercise of stockoptions and warrants.
Based on the Company’s closing share price of
$6.07 on March 17, 2025 [25 is a typo], there are in-the-money outstanding stockoptions and warrants, that if exercised, would provide the Company with proceeds of
$15,404,939.
