Ares Strategic Mining Balance Sheet

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

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Jun '24 Jun 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020	Sep '19 Sep 30, 2019	2018 - 2014
Cash & Equivalents	0.38	0.47	0.04	1.05	0.22	0	Upgrade
Short-Term Investments	-	0.17	0.39	-	-	-	Upgrade
Cash & Short-Term Investments	0.38	0.64	0.43	1.05	0.22	0	Upgrade
Cash Growth	-44.91%	48.32%	-59.08%	378.30%	27931.89%	-99.65%	Upgrade
Other Receivables	0.04	0.02	0.49	0.04	0.01	0.04	Upgrade
Receivables	0.04	0.02	0.49	0.04	0.01	0.04	Upgrade
Prepaid Expenses	9.13	0.29	0.25	0.23	0.31	0	Upgrade
Restricted Cash	2.13	1.2	0.09	0.09	-	-	Upgrade
Total Current Assets	11.68	2.15	1.26	1.42	0.54	0.04	Upgrade
Property, Plant & Equipment	22.28	15.23	14	8.34	4.63	2.25	Upgrade
Other Long-Term Assets	0.1	0.1	0.87	3.65	0.07	0	Upgrade
Total Assets	34.06	17.48	16.13	13.41	5.25	2.29	Upgrade
Accounts Payable	2.83	0.41	0.56	0.4	0.43	0.29	Upgrade
Accrued Expenses	0.46	0.25	0.2	0.05	0.19	0.24	Upgrade
Short-Term Debt	1.5	1.1	0.3	2.2	0.06	0.28	Upgrade
Current Portion of Long-Term Debt	1.57	0.82	-	-	-	-	Upgrade
Total Current Liabilities	6.37	2.58	1.06	2.65	0.68	0.81	Upgrade
Long-Term Debt	15.96	4.68	-	-	-	-	Upgrade
Total Liabilities	22.33	7.26	1.06	2.65	0.68	0.81	Upgrade
Common Stock	43.42	39.59	39.33	31.43	22.47	18.46	Upgrade
Additional Paid-In Capital	3.47	3.46	4.05	4.35	3.42	2.08	Upgrade
Retained Earnings	-34.05	-31.75	-27.16	-23.76	-20.11	-17.89	Upgrade
Comprensive Income & Other	0.12	0.14	0.08	-0.04	0.01	0.05	Upgrade
Total Common Equity	12.96	11.44	16.3	11.98	5.79	2.7	Upgrade
Minority Interest	-1.23	-1.22	-1.23	-1.22	-1.22	-1.22	Upgrade
Shareholders' Equity	11.73	10.22	15.08	10.76	4.57	1.48	Upgrade
Total Liabilities & Equity	34.06	17.48	16.13	13.41	5.25	2.29	Upgrade
Total Debt	19.03	6.6	0.3	2.2	0.06	0.28	Upgrade
Net Cash (Debt)	-18.66	-5.96	0.13	-1.15	0.16	-0.28	Upgrade
Net Cash Per Share	-0.13	-0.04	0.00	-0.01	0.00	-0.02	Upgrade
Filing Date Shares Outstanding	160.78	139	137.84	122.79	87.23	13.56	Upgrade
Total Common Shares Outstanding	160.78	139	137.77	106.79	78.22	13.56	Upgrade
Working Capital	5.31	-0.43	0.2	-1.23	-0.14	-0.77	Upgrade
Book Value Per Share	0.08	0.08	0.12	0.11	0.07	0.20	Upgrade
Tangible Book Value	12.96	11.44	16.3	11.98	5.79	2.7	Upgrade
Tangible Book Value Per Share	0.08	0.08	0.12	0.11	0.07	0.20	Upgrade
Land	2.83	2.81	0.08	0.08	0.08	0.08	Upgrade
Machinery	0.23	0.23	0.23	0.2	0.13	-	Upgrade
Construction In Progress	11.12	4.35	4.29	-	-	-	Upgrade

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