-+ 0.00%
-+ 0.00%
-+ 0.00%
Radisson Mining Q2 2026 loss widens as O’Brien drilling drives exploration spend to CAD 10.2 million
Share
Listen to the news
Radisson Mining Q2 2026 loss widens as O’Brien drilling drives exploration spend to CAD 10.2 million
  • Radisson posted a net loss of CAD 898,201 for the six months ended June 30, 2026, versus CAD 459,860 a year earlier.
  • Revenue rose to CAD 256,543 from CAD 159,368, driven by interest income and grants rather than operating sales.
  • Exploration and evaluation spending climbed to CAD 10.2 million from CAD 5.32 million, reflecting accelerated drilling at O’Brien.
  • Administration costs increased to CAD 2.66 million from CAD 1.62 million, led by higher salaries and investor relations spending.
  • Cash and guaranteed investment certificates totaled CAD 46.03 million, supported by a CAD 25 million flow-through share financing at CAD 1.38.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Radisson Mining Resources Inc. published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending