Clean Air Metals Files Interim Financial Statements for the Six Months Ended July 31, 2024

Thunder Bay, ON / ACCESSWIRE / September 30, 2024 - Clean Air Metals Inc. (TSXV:AIR), a company focused on development and exploration, announced it has filed its unaudited consolidated interim financial statements for the six-month period ended July 31, 2024. These documents are available on www.sedarplus.ca.

As of July 31, 2024, the company reported total assets of $37,635,700 and total cash of $4,194,919. Working capital stood at $922,959, while shareholders' equity was at $33,677,958.

For the six months ended July 31, 2024, Clean Air Metals noted operating expenses of $2,300,444, leading to a net loss of $2,289,228. This compares to a net loss of $1,908,304 for the same period in 2023. The basic and diluted loss per share remained unchanged at $0.01.

CEO Mike Garbutt expressed confidence in the company’s financial position for ongoing project developments through 2025, with additional results from their summer drill program expected soon.