Rackla Metals FY26 H1 net loss widens 26.37% to CAD 1.7 million

Reuters2026/09/02 12:44

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Rackla Metals posted a net loss of CAD 1.7 million, widening 26.37% from a year earlier; loss per share held at CAD 0.01.
Exploration expenditures more than doubled to CAD 1.41 million, driving a higher loss; interest income rose to CAD 125,370.
Cash climbed to CAD 11.72 million from CAD 9.68 million at year-end, supported by CAD 3.97 million of share-issuance proceeds.
Flow-through share liability rose to CAD 744,650 following a May flow-through financing, with CAD 2.49 million of cash reserved for eligible spending.
Drilling began at the Lentung tungsten property in August, targeting an NI 43-101 resource; plans include a 4,000-meter diamond program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rackla Metals Inc. published the original content used to generate this news brief on September 02, 2026, and is solely responsible for the information contained therein.

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.

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Rackla Metals FY26 H1 net loss widens 26.37% to CAD 1.7 million

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