AMARC RESOURCES LTD (AXREF) Form 6-K — Jul 27, 2026
Amarc Resources Ltd. filed its annual financial statements for the year ended March 31, 2026, accompanied by an auditor's report that raises substantial doubt about the company's ability to continue as a going concern. The independent auditor noted that the company has no current source of revenue, has incurred losses since inception, and remains dependent on securing new financing to meet its obligations. The financial statements reveal a net loss of approximately $930,000 for the year, a working capital deficiency of $1.26 million, and an accumulated deficit totaling nearly $75 million.
Key figures
- Revenue
- 0
- Cash Position
- 1414013
- Shares Outstanding
- 225377364
- Accumulated Deficit
- 74870587
- Freeport Stage1 Spend
- 35000000
- Freeport Stage2 Spend
- 75000000
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