King Copper Discovery Corp. (TBXXF)
King Copper Discovery Corp. engages in the acquisition and exploration of resource properties in Peru and Argentina. It explores for copper, gold, and silver deposits. The company holds an option agreement to acquire 100% interest in certain claims comprising the Colquemayo project located in Peru. It also holds interests in the San Francisco project, which comprises the Don David project and the Santa Barbara project located in Argentina. The company was formerly known as Turmalina Metals Corp. and changed its name to King Copper Discovery Corp. in March 2025. King Copper Discovery Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.
Industry: Other Precious Metals
King Copper Discovery Corp.
OTC:TBXXFBasic Materials · Other Precious Metals
-1.81%$0.4130
Mkt Cap$132.06M
Float197.29M
O/S319.75M
Inst Own-
SI1.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$5.4M
Total Assets$11.49M
Free Cash Flow-$3.63M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$11.06M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in TBXXF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$11.49M
Liabilities$423K
Accounts Receivable$79K
Accounts Payable$0
Inventory$0
PP&E (Net)$193K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $46K | $0 | $0 | $0 | $100 | $130 | $175K | $182K |
| Gross Profit | $0 | -$46K | $0 | $0 | $0 | -$100 | -$130 | -$175K | -$182K |
| Gross Margin | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.54M | $2.08M | $3.06M | $633K | $1.32M | $3.24M | $2.27M | $393K | $1.24M |
| Other | $1.96M | $38K | $0 | $1.97M | $2.6M | $2.51M | $1.51M | $0 | $0 |
| Total Operating Expenses | $5.5M | $2.12M | $3.06M | $2.6M | $3.93M | $5.75M | $3.77M | $656K | $1.24M |
| Operating Income (EBIT) | -$5.5M | -$2.16M | -$3.06M | -$2.6M | -$3.93M | -$5.84M | -$3.74M | -$661K | -$1.42M |
| Operating Margin | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $90K | $2K | $44K | $22K | $53K | $40K | $25K | $0 | $0 |
| Other Income (Expense) | $107K | -$1.58M | -$850K | -$295K | -$470K | -$191K | $25K | -$5K | -$2K |
| Income Before Tax (EBT) | -$5.4M | -$3.74M | -$3.91M | -$2.9M | -$4.4M | -$6.03M | -$3.72M | -$661K | -$1.43M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5K | -$2K |
| Net Income | -$5.4M | -$3.74M | -$3.91M | -$2.9M | -$4.4M | -$6.03M | -$3.72M | -$661K | -$1.43M |
| Net Income Margin | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||
| EPS | -0.04 | -0.06 | -0.07 | -0.06 | -0.09 | -0.14 | -0.16 | -0.02 | -0.17 |
| Diluted EPS | -0.04 | -0.06 | -0.07 | -0.06 | -0.09 | -0.14 | -0.16 | -0.02 | -0.26 |
| Weighted Average OS | 209.25M | 87.49M | 76.64M | 66.90M | 66.67M | 62.11M | 32.88M | 48.95M | 11.68M |
| EBITDA | -$5.5M | -$2.16M | -$3.29M | -$115K | -$4.07M | -$5.17M | $3.68M | $656K | $0 |
| EBITDA Margin | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $11.19M | $21K | $16K | $15K | $2.86M | $7.13M | $3.82M | $16K | $56K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $11.19M | $21K | $16K | $15K | $2.86M | $7.13M | $3.82M | $16K | $56K |
| Accounts Receivable | $79K | $64K | $38K | $34K | $76K | $99K | $43K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$341 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $197 |
| Total Current Assets | $11.29M | $89K | $62K | $82K | $2.95M | $7.38M | $4.05M | $17K | $57K |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $193K | $134K | $1.3M | $1.63M | $1.1M | $481K | $383K | $56K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $193K | $134K | $1.3M | $1.63M | $1.1M | $481K | $383K | $56K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $11.49M | $222K | $1.37M | $1.71M | $4.05M | $7.86M | $4.44M | $73K | $57K |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $0 | $1.12M | $153 | $196K | $81K | $142K | $0 | $0 | $47K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $423K | $1.12M | $376K | $163K | $637 | $3K | $345K | $179K | $46K |
| Total Current Liabilities | $423K | $1.12M | $376K | $358K | $82K | $144K | $345K | $227K | $93K |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $423K | $1.12M | $376K | $358K | $82K | $144K | $345K | $227K | $93K |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $36.77M | $21.61M | $20.01M | $17.1M | $17.1M | $16.73M | $8.42M | $1.57M | $1.04M |
| Retained Earnings | -$31.82M | -$26.42M | -$22.68M | -$18.77M | -$15.88M | -$11.48M | -$5.45M | -$1.73M | -$1.07M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9K | -$7K |
| Other Stockholders' Equity | $6.11M | $3.91M | $3.66M | $3.03M | $2.75M | $2.47M | $1.12M | $9K | -$7K |
| Total Equity | $11.06M | -$901K | $991K | $1.36M | $3.97M | $7.71M | $4.09M | -$155K | -$36K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $11.49M | $222K | $1.37M | $1.71M | $4.05M | $7.86M | $4.44M | $73K | $57K |
| Supplementary Data | |||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$11.19M | -$21K | -$16K | -$15K | -$2.86M | -$7.13M | -$3.82M | -$16K | -$56K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Operating Activities | |||||||||
| Net Income | -$5.4M | -$3.74M | -$3.91M | -$2.9M | -$4.4M | -$6.03M | -$3.72M | -$661K | -$1K |
| Depreciation & Amortization | $0 | $1.5M | $567K | $2.81M | $231K | $231K | $3.68M | $656K | $1.42M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | -$230 | $0 | $0 | $0 |
| Stock-Based Compensation | $2.57M | $461K | $204K | $279K | $440K | $1.41M | $1.12M | $0 | $913 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$37K | -$22K | $21K | $28K | $149K | -$13K | -$231K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$674K | $747K | $18K | $277K | -$63K | -$200K | $303K | $0 | $0 |
| Total Working Capital Change | -$711K | $725K | $39K | $305K | $87K | -$214K | $72K | $252K | $0 |
| Other Non-Cash Items | -$26K | $0 | $0 | -$2.81M | -$231K | $230 | -$3.68M | -$656K | -$1.42M |
| Net Cash from Operating | -$3.57M | -$1.05M | -$3.1M | -$2.31M | -$3.87M | -$4.61M | -$2.52M | -$409K | -$390 |
| Investing Activities | |||||||||
| Capital Expenditures | -$59K | -$333K | -$240K | -$531K | -$619K | -$329K | -$327K | -$56K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$59K | -$333K | -$240K | -$531K | -$619K | -$329K | -$327K | -$56K | $0 |
| Financing Activities | |||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $15.59M | $1.5M | $3.56M | $0 | $214K | $8.87M | $6.82M | $417K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$800K | -$107K | -$227K | $0 | $0 | -$617K | -$162K | $8K | $465 |
| Net Cash from Financing | $14.79M | $1.39M | $3.34M | $0 | $214K | $8.25M | $6.66M | $425K | $465 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $11.17M | $5K | $1K | -$2.84M | -$4.27M | $3.31M | $3.8M | -$40K | $75 |
| Supplementary Data | |||||||||
| Operating Cash Flow | -$3.57M | -$1.05M | -$3.1M | -$2.31M | -$3.87M | -$4.61M | -$2.52M | -$409K | -$390 |
| Capital Expenditure | -$59K | -$333K | -$240K | -$531K | -$619K | -$329K | -$327K | -$56K | $0 |
| Free Cash Flow | -$3.63M | -$1.38M | -$3.34M | -$2.84M | -$4.49M | -$4.94M | -$2.85M | -$465K | -$390 |
| Cash at Beginning | $21K | $16K | $15K | $2.86M | $7.13M | $3.82M | $16K | $56K | $0 |
| Cash at End | $11.19M | $21K | $16K | $15K | $2.86M | $7.13M | $3.82M | $16K | $75 |