Snow Lake Resources Ltd. (LITM), an exploration-stage company reporting under IFRS in Canadian Dollars, faces a material going concern uncertainty contingent upon securing further financing, despite significant capital inflows. The company has no revenue as of the fiscal year ended June 30, 2025 (FY2025).
Financial Performance and Capital Structure: The Net Loss widened significantly to C$16.0 million (FY2025) from C\(6.9 million (FY2024), leading to an accumulated deficit of approximately C\)42.5 million. Total Expenses nearly doubled, driven largely by C$6.43 million in Consul
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