BWR Exploration Cash Flow Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	2020 - 2016
Net Income	-0.2	-0.34	-0.35	-0.42	-0.76	Upgrade
Stock-Based Compensation	-	-	0.03	0.03	0.07	Upgrade
Other Operating Activities	0.01	0.01	0	-0.01	0.02	Upgrade
Change in Accounts Payable	0.09	0.26	0.05	0.21	0.19	Upgrade
Change in Other Net Operating Assets	0.01	0.01	-0.01	-0	-0	Upgrade
Operating Cash Flow	-0.1	-0.06	-0.28	-0.18	-0.49	Upgrade
Short-Term Debt Issued	-	-	0.1	-	-	Upgrade
Total Debt Issued	-	-	0.1	-	-	Upgrade
Net Debt Issued (Repaid)	-	-	0.1	-	-	Upgrade
Issuance of Common Stock	0.09	-	0.14	-	0.5	Upgrade
Other Financing Activities	-	-	-0	-	-0.05	Upgrade
Financing Cash Flow	0.09	-	0.23	-	0.44	Upgrade
Net Cash Flow	-0.01	-0.06	-0.04	-0.18	-0.04	Upgrade
Levered Free Cash Flow	-0.22	0.06	-0.15	-0.03	-0.26	Upgrade
Unlevered Free Cash Flow	-0.21	0.07	-0.15	-0.03	-0.26	Upgrade
Change in Working Capital	0.09	0.27	0.04	0.21	0.19	Upgrade

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