Cadillac Mines (CADY) Q2 2026 earnings summary

Executive summary

• Filed unaudited condensed consolidated interim financial statements for Q2 2026 and H1 2026.

• Completed a successful initial public offering and concurrent private placement, raising significant capital.

• Positioned as a newly listed public company with a strong cash position and a focus on gold and critical mineral projects in the Abitibi region.

Financial highlights

• Ended Q2 2026 with $72.1 million in cash and equivalents and no debt.

• Raised $190.0 million from the IPO and $60.0 million from a private placement post-quarter.

• Over $300 million in working capital after combining quarter-end cash with new proceeds.

Outlook and guidance

• Well positioned to advance exploration, permitting, environmental, and engineering studies.

• Management anticipates future working capital requirements and development work, subject to risks and uncertainties.