Q2 2026 Condensed Interim Consolidated Financial Statements
| Stock | Marimaca Copper Corp (MC2.ASX) |
|---|---|
| Release Time | 14 Aug 2026, 11:07 a.m. |
| Price Sensitive | Yes |
MC2.ASX Releases Q2 2026 Interim Financial Statements
- Net working capital increased to $150.9 million as of June 30, 2026
- Marimaca Copper Corp. continues exploration and evaluation activities
- Cash and cash equivalents totaled $134.6 million as of June 30, 2026
- Company adopts IFRS 9 and IFRS 7 amendments, no material impact
- Assessment of new IFRS 18 standard in progress
MC2.ASX has released its Q2 2026 Condensed Interim Consolidated Financial Statements, detailing financial performance for the three and six months ended June 30, 2026. The company reported a significant increase in net working capital to $150.9 million as of June 30, 2026, up from $62.7 million at the end of 2025. Marimaca Copper Corp. continues its exploration and evaluation activities, with costs classified as exploration and evaluation assets. Cash and cash equivalents totaled $134.6 million as of June 30, 2026. The company has adopted the amendments to IFRS 9, Financial Instruments, and IFRS 7, Financial Instruments: Disclosures, effective January 1, 2026, with no material impact on financial position, performance, or cash flows. The company is currently assessing the impact of adopting IFRS 18, Presentation and Disclosure in Financial Statements, effective for annual reporting periods beginning on or after January 1, 2027.