Goldsky Resources (GSKR) Q4 2025 earnings summary

Executive summary

• Completed acquisition of Mawson Finland Limited in December 2025, expanding Nordic asset base.

• Raised C$80 million in concurrent financing, significantly increasing cash reserves.

• Announced agreement to acquire remaining 55% of Barsele Gold Project, consolidating 100% ownership.

Financial highlights

• Cash position rose to $84.4 million at year-end 2025 from $9.6 million in 2024, driven by financing.

• Total assets increased to $178.0 million from $26.5 million year-over-year, reflecting acquisitions.

• Exploration and evaluation assets grew to $91.5 million from $15.4 million, mainly due to Rajapalot project.

• Reported net loss of $28.2 million for 2025, up from $10.9 million in 2024, due to higher exploration and corporate activity.

Outlook and guidance

• Plans to advance Barsele Gold Project toward a Preliminary Economic Assessment in 2026.

• Ongoing exploration and drilling programs at Rajapalot and other Nordic assets to continue in 2026.