Gold X2 Mining Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	12.6	15.38	5.27	12.11	2.23
Cash & Short-Term Investments	12.6	15.38	5.27	12.11	2.23
Cash Growth	-18.06%	191.86%	-56.47%	443.86%	-
Other Receivables	0.54	0.33	0.15	0.84	0.02
Receivables	0.54	0.33	0.15	0.84	0.02
Prepaid Expenses	0.29	0.29	0.09	0.47	0.01
Restricted Cash	-	-	-	-	14.36
Other Current Assets	-	-	-	-	1.08
Total Current Assets	13.44	16	5.51	13.42	17.7
Property, Plant & Equipment	78.22	95.25	89.31	61.62	1.02
Other Long-Term Assets	0.09	0.45	0	0.16	0.01
Total Assets	91.75	111.69	94.82	75.2	18.73
Accounts Payable	4.47	0.79	0.27	1.92	0.17
Accrued Expenses	-	0.49	0.14	0.54	0.01
Current Portion of Leases	0.11	0.07	0.07	0.1	0.02
Current Unearned Revenue	1	3.56	0.26	1	-
Other Current Liabilities	0.17	-	-	-	15
Total Current Liabilities	5.75	4.92	0.74	3.57	15.19
Long-Term Leases	0.17	0.13	0.19	0.23	0
Long-Term Deferred Tax Liabilities	-	13.97	11.78	6.83	-
Other Long-Term Liabilities	0.48	-	-	-	-
Total Liabilities	6.4	19.02	12.72	10.63	15.19
Common Stock	161.79	105.81	90.33	54.94	3.86
Retained Earnings	-84.13	-27.93	-23.1	-14.23	-0.75
Comprehensive Income & Other	7.68	14.8	14.87	23.86	0.43
Shareholders' Equity	85.34	92.67	82.1	64.57	3.54
Total Liabilities & Equity	91.75	111.69	94.82	75.2	18.73
Total Debt	0.28	0.2	0.27	0.33	0.02
Net Cash (Debt)	12.32	15.18	5	11.77	2.2
Net Cash Growth	-18.84%	203.36%	-57.51%	434.24%	-
Net Cash Per Share	0.03	0.05	0.02	0.13	0.17
Filing Date Shares Outstanding	482.34	335.62	260.17	142.28	30.12
Total Common Shares Outstanding	482.34	335.62	259.67	115.46	30.12
Working Capital	7.69	11.08	4.76	9.84	2.51
Book Value Per Share	0.18	0.28	0.32	0.56	0.12
Tangible Book Value	85.34	92.67	82.1	64.57	3.54
Tangible Book Value Per Share	0.18	0.28	0.32	0.56	0.12
Machinery	-	0.03	0.03	0.03	-

Source: S&P Capital IQ. Standard template. Financial Sources.