PPX Mining Balance Sheet

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	25.69	5.16	3.03	0.8	1.35	0.34
Cash & Short-Term Investments	25.69	5.16	3.03	0.8	1.35	0.34
Cash Growth	1539.88%	70.08%	277.25%	-40.25%	300.07%	1072.56%
Other Receivables	5.45	5.01	0.24	1.52	0.27	0.2
Receivables	5.45	5.01	0.24	1.52	0.27	0.21
Prepaid Expenses	0.1	0.03	0.02	0.03	0.01	0
Restricted Cash	-	-	-	0	0.75	-
Other Current Assets	-	-	-	-	0.32	-
Total Current Assets	31.23	10.19	3.29	2.36	2.69	0.55
Property, Plant & Equipment	23.71	22.43	11.42	10.26	9.08	9.82
Total Assets	54.94	32.62	14.71	12.62	11.76	10.36
Accounts Payable	1.7	1.43	0.63	0.56	0.98	2.72
Accrued Expenses	-	-	-	-	-	1.66
Short-Term Debt	1.54	1.81	0.2	0.18	2.08	1.02
Current Portion of Long-Term Debt	3.76	3.37	-	0.59	9.35	6.19
Current Income Taxes Payable	4.17	4.17	0.11	0.58	-	-
Other Current Liabilities	5.19	2.88	0.92	0.58	1.52	0.37
Total Current Liabilities	16.37	13.67	1.86	2.49	13.94	11.96
Long-Term Debt	12.94	11.72	9.67	5.83	-	1.46
Long-Term Deferred Tax Liabilities	4.64	1.51	-	-	-	-
Other Long-Term Liabilities	30.45	26.37	2.96	2.68	0.42	0.39
Total Liabilities	64.4	53.27	14.49	11	14.36	13.82
Common Stock	94.9	74.74	68.78	65.85	62.28	62.08
Retained Earnings	-114.27	-104.18	-77.42	-72.1	-72.34	-72.64
Comprehensive Income & Other	9.9	8.79	8.87	7.87	7.47	7.11
Shareholders' Equity	-9.46	-20.65	0.23	1.63	-2.6	-3.45
Total Liabilities & Equity	54.94	32.62	14.71	12.62	11.76	10.36
Total Debt	18.25	16.9	9.87	6.6	11.43	8.67
Net Cash (Debt)	7.44	-11.75	-6.84	-5.8	-10.09	-8.33
Net Cash Per Share	0.01	-0.02	-0.01	-0.01	-0.02	-0.02
Filing Date Shares Outstanding	852.35	841.41	685.78	636.08	512.45	508.87
Total Common Shares Outstanding	841.91	754.92	685.78	636.08	512.45	508.87
Working Capital	14.86	-3.48	1.43	-0.13	-11.25	-11.42
Book Value Per Share	-0.01	-0.03	0.00	0.00	-0.01	-0.01
Tangible Book Value	-9.46	-20.65	0.23	1.63	-2.6	-3.45
Tangible Book Value Per Share	-0.01	-0.03	0.00	0.00	-0.01	-0.01
Land	0.57	0.58	0.35	0.35	-	-
Construction In Progress	12.11	8.52	1.23	1.09	0.97	1.15

Source: S&P Global Market Intelligence. Standard template. Financial Sources.