NorthX Nickel Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	1.06	0.88	2.88	2.05	0.21	0.73
Cash & Short-Term Investments	1.06	0.88	2.88	2.05	0.21	0.73
Cash Growth	-28.95%	-69.56%	40.01%	863.39%	-70.84%	236.27%
Other Receivables	0.03	0.03	0.23	1.2	0.1	0.01
Receivables	0.03	0.03	0.23	1.2	0.1	0.01
Prepaid Expenses	0	0.03	0.04	0.16	0	0.76
Other Current Assets	0.02	2.68	0.09	-	0	-
Total Current Assets	1.12	3.62	3.24	3.41	0.32	1.5
Property, Plant & Equipment	3.6	3.48	37.29	35.75	-	0.04
Long-Term Investments	-	0.06	0.06	-	-	-
Other Long-Term Assets	0.03	-	-	0.06	-	-
Total Assets	4.74	7.15	40.59	39.22	0.32	1.54
Accounts Payable	0.05	0.09	0.66	0.53	0.24	0.18
Accrued Expenses	0.06	0.06	0.08	0.6	-	0.05
Current Unearned Revenue	-	-	-	0.29	-	-
Other Current Liabilities	-	2.66	0.53	0.19	-	-
Total Current Liabilities	0.1	2.8	1.27	1.61	0.24	0.22
Long-Term Deferred Tax Liabilities	-	-	-	0.18	-	-
Other Long-Term Liabilities	-	-	2.1	1.74	-	-
Total Liabilities	0.1	2.8	3.37	3.53	0.24	0.22
Common Stock	40.6	39.5	38.19	37.65	3.19	1.17
Additional Paid-In Capital	3.57	3.84	3.21	1.88	0.41	0.02
Retained Earnings	-44.49	-43.35	-7.56	-6.64	-4.22	-0.74
Comprehensive Income & Other	4.96	4.36	3.39	2.8	0.7	0.86
Shareholders' Equity	4.64	4.35	37.22	35.69	0.08	1.31
Total Liabilities & Equity	4.74	7.15	40.59	39.22	0.32	1.54
Net Cash (Debt)	1.06	0.88	2.88	2.05	0.21	0.73
Net Cash Growth	-28.95%	-69.56%	40.01%	863.39%	-70.84%	236.27%
Net Cash Per Share	0.03	0.04	0.20	0.15	0.13	0.91
Filing Date Shares Outstanding	55.14	28.63	18.98	15.11	15.11	1.42
Total Common Shares Outstanding	55.14	28.63	18.97	15.11	1.85	1.08
Working Capital	1.01	0.81	1.97	1.8	0.08	1.27
Book Value Per Share	0.08	0.15	1.96	2.36	0.04	1.21
Tangible Book Value	4.64	4.35	37.22	35.69	0.08	1.31
Tangible Book Value Per Share	0.08	0.15	1.96	2.36	0.04	1.21
Buildings	-	-	0.05	-	-	-
Machinery	0.03	0.03	0.06	-	-	-

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