Nickel Creek Platinum management commentary attributes wider nine-month 2026 net loss to higher share-based compensation
Bitget2026/10/30 22:29- Nickel Creek Platinum's management commentary reported a third-quarter 2026 net loss of CAD 258,000, versus CAD 124,000 a year earlier.
- Management attributed the wider loss primarily to drill-program preparation costs and higher noncash share-based compensation, partly offset by other income and expense changes.
- The nine-month 2026 net loss reached CAD 1.2 million, widening by CAD 400,000 from the year-earlier period.
- Higher grant-date share prices drove a CAD 300,000 increase in noncash share-based compensation; exploration and evaluation expenses rose CAD 100,000.
- Operating cash outflow increased to CAD 693,000 from CAD 566,000, primarily reflecting drilling-related exploration deposits and expenses.
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