Clean Air Metals Files Interim Financial Statements for Q1 2024

Clean Air Metals Inc. has released its unaudited consolidated interim financial statements for the three months ended April 30, 2024. The company reports total assets of $38,552,693 and total cash reserves of $5,206,521. Working capital stands at $2,272,846, while shareholders' equity is recorded at $34,862,849.

For the reported period, operating expenses were $863,264, a decrease from $977,172 in the same period of 2023. The net loss and comprehensive loss totaled $863,264, slightly improved from $905,500 in 2023. The loss per share remains unchanged at $0.00.

A detailed review of financial statements and management's discussion and analysis is available on SEDAR+. The company continues to advance its Thunder Bay North Critical Minerals project, with significant resources and potential for expansion.