PUBC
PureBase Corporation0.0380
-0.0050-11.6%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
10.59MP/E (TTM)
-Basic EPS (TTM)
-0.02Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Lease assignment for mining rights
Purebase Corporation entered an Assignment of Lease Agreement on June 18, 2025, with U.S. Mine Corporation to acquire mining rights to 2,500 acres in Nevada's Weepah Hills, filed in an 8-K on July 8 and updated October 9. The deal awaits BLM and Rulco LLC consents to finalize. Transfer pending. This positions Purebase for potential resource expansion, yet hinges on approvals.
8-K
Purebase secures $500K loan
Purebase Corporation and Dockter Farms secured a $500,000 loan from J.J. Astor & Co. on July 31, 2025, netting $480,000 after fees for working capital. The deal issues a $650,000 promissory note with weekly repayments starting August 5, 2025, maturing May 5, 2026, backed by all assets and a second deed on 347 acres. Bonus shares of 750,000 go to the lender, potentially doubling if stock lags $0.50 in 90 days. Yet covenants bind Purebase tight.
10-Q
Q2 FY2025 results
Purebase Corporation posted revenue of $198,621 for Q2 FY2025 ended May 31, 2025, up 88% y/y from $105,722, fueled by earlier customer buys amid warmer weather, while gross margin swelled to 73.4% from 68.7%. Yet operating losses widened to $336,683 from $319,741 on steeper SG&A costs, and net loss hit $375,571, or $0.00 per diluted share on 250M shares, with the net loss exceeding operating by $38,888 due to related-party interest. Cash dwindled to $500 from $28,100 y/y, with negative operating cash flow of $610,600 for the half-year offset by $583,000 in related-party financing; free cash flow not disclosed in the 10-Q. Post-quarter, CEO Dockter inked a deal to buy 123M shares from USMC for $14.6M plus 10% interest within a year, severing old mining ties but locking in a six-month equipment option. Debt reliance runs deep.
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