Capella Minerals Converts Debt to Equity and Restructures Director Loan Ahead of Rescheduled AGM

The latest update is out from Capella Minerals ( (TSE:CMIL) ).

Capella Minerals has converted C$262,607 of outstanding liabilities, including management and director fees and part of a promissory note, into 4,376,784 common shares in a bid to conserve cash, with all shares subject to a four-month-plus-one-day trading hold. The company has also replaced a previous unapproved convertible promissory note with a new US$133,177 unsecured, non-convertible note held by a director, maturing in August 2026, and rescheduled its annual general and special meeting to January 30, 2026, steps that collectively underscore ongoing efforts to manage its balance sheet, comply with securities regulation, and maintain shareholder governance while it seeks new projects and funding.

The most recent analyst rating on (TSE:CMIL) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Capella Minerals stock, see the TSE:CMIL Stock Forecast page.

Spark’s Take on TSE:CMIL Stock

According to Spark, TipRanks’ AI Analyst, TSE:CMIL is a Neutral.

The score is primarily held back by weak financial performance (pre-revenue, ongoing losses/cash burn, and negative equity). Technicals are neutral-to-slightly constructive with price above longer-term averages, while valuation remains unattractive/unclear due to a negative P/E and no dividend. Corporate events provide some offset via improved funding and active drilling progress.

To see Spark’s full report on TSE:CMIL stock, click here.

More about Capella Minerals

Capella Minerals Ltd is a Canadian exploration and development company focused on generating gold-copper projects globally, targeting opportunities in the broader precious and base metals exploration sector.

Average Trading Volume: 123,990

Technical Sentiment Signal: Buy

Current Market Cap: C$4.16M

See more insights into CMIL stock on TipRanks’ Stock Analysis page.