Clean Air Metals Reports Annual Financial Results

Clean Air Metals Inc. has made public its audited financial statements for the year ending January 31, 2025. The company's total assets stand at $37.9 million, with a cash reserve of $3.4 million. Shareholder equity amounts to $33.9 million. Despite facing a net loss of $3.1 million, a slight improvement over the previous year's $3.5 million loss is observed.

The upcoming Annual General Meeting is scheduled for July 29, 2025. The company aims to capitalize on its successful winter drilling programs by initiating new explorations and preparing a Preliminary Economic Assessment due in the fall.

In a positive outlook, CEO Mike Garbutt notes a strong market for platinum group elements (PGEs) and is optimistic about advancing the Thunder Bay North Project. The project is lauded for its strategic location and relationships with local First Nations.