Amex Gold Mining posts H1 net income of CAD 398,003 on higher income tax recovery, MD&A says
Reuters2026/08/26 10:47- Amex Gold Mining posted net income of CAD 398,003 for the six months ended June 30, 2026, versus a CAD 150,029 loss.
- Performance reflected income tax recovered of CAD 2.41 million tied to prior flow-through exploration spending.
- Liquidity strengthened as financing cash inflows reached CAD 75.8 million, lifting cash to CAD 75.7 million at June 30.
- Investment cash outflows rose to CAD 22.75 million, mainly tied to advancing the Perron bulk sample program.
- Focus shifted toward development execution, including a 40,000-ton bulk sample plan costing CAD 75 million to CAD 87 million, targeting revenue in 2028.
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