Regulus Resources posts Q1 net loss of CAD 1.0 million**

Reuters02-28
Regulus Resources posts Q1 net loss of CAD 1.0 million**

Regulus reported Q1 FY2026 results (three months ended Dec. 31, 2025), posting a net loss of CAD 976,096 and a comprehensive loss of CAD 1.2 million. Loss per share (basic and diluted) was CAD (0.01) on a weighted average 125,529,949 shares. The explorer ended the quarter with cash and cash equivalents of CAD 6.3 million, total assets of CAD 66.8 million, and working capital of CAD 5.5 million, and reported exploration and evaluation assets of CAD 59.2 million. During the quarter, Regulus capitalized CAD 845,433 of additions to exploration and evaluation assets at its AntaKori project (field operations CAD 488,856; labour CAD 300,097; third-party services CAD 56,480). In corporate updates, the company said it is awaiting final Phase 2 copper sulphide leach test results from Nuton, and noted that SRK Peru has been hired to complete a mineral resource estimate for an integrated Coimolache Sulphides/AntaKori copper-gold project, anticipated in Q1 2026, subject to mutual release agreement. Regulus also reported a cashless exercise of 200,000 stock options in October 2025, issuing 71,273 common shares, and granted 100,000 stock options in December 2025 at CAD 3.80 per share, vesting over two years.

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. Regulus Resources Inc. published the original content used to generate this news brief on February 27, 2026, and is solely responsible for the information contained therein.

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