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.
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.
You may also like
AirAsia says drug tests for all active pilots, cabin crew return negative results
GE HealthCare (GEHC.US) plans to acquire Sofie for $1 billion, aiming for high growth in the radiopharmaceutical sector
GE Healthcare plans to acquire Sofie for about $1 billion, aiming to expand recurring revenue by combining imaging devices with radiodiagnostic agents, in response to weak stock performance and pressure from activist investors.
Silver Price Forecast: XAG/USD bears have the upper hand below $64.75-$64.85 confluence
Resonac Holdings says RESONAC REPORT 2026 integrated report now available
Crypto prices
More
