Norsemont Mining Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	16.08	18.23	0.96	0.01	0.02	2.6
Cash & Short-Term Investments	16.08	18.23	0.96	0.01	0.02	2.6
Cash Growth	2354.89%	1803.24%	18637.68%	-79.14%	-99.06%	-65.79%
Other Receivables	0.02	0.03	0.01	0.01	0.03	0.08
Receivables	0.02	0.03	0.01	0.01	0.03	0.1
Prepaid Expenses	0.11	-	-	-	0.02	0.02
Other Current Assets	-	0.01	0.17	0	-	-
Total Current Assets	16.22	18.27	1.14	0.01	0.07	2.73
Property, Plant & Equipment	27.61	27.61	27.48	27.48	27.53	27.57
Long-Term Investments	-	-	-	0.03	0.03	0.03
Total Assets	43.82	45.88	28.61	27.52	27.63	30.32
Accounts Payable	1.42	1.6	2.42	2.12	1.5	1.33
Accrued Expenses	-	0.09	0.19	1.13	0.51	0.09
Short-Term Debt	-	-	-	0.33	1.25	-
Current Portion of Long-Term Debt	3.05	3.03	0.25	0.95	-	-
Current Portion of Leases	-	-	-	-	0.05	0.04
Other Current Liabilities	-	-	-	-	-	0.63
Total Current Liabilities	4.46	4.72	2.86	4.53	3.3	2.1
Long-Term Debt	3.79	2.59	2.62	-	-	-
Long-Term Leases	-	-	-	-	0.01	0.05
Long-Term Unearned Revenue	1.83	1.17	-	-	-	-
Other Long-Term Liabilities	19.11	12.58	-	-	-	-
Total Liabilities	29.2	21.05	5.48	4.53	3.31	2.15
Common Stock	57.36	56.2	47.81	46.78	45.81	44.95
Retained Earnings	-46.5	-34.83	-26.91	-25.52	-23.18	-17.86
Comprehensive Income & Other	3.76	3.46	2.23	1.73	1.69	1.07
Shareholders' Equity	14.63	24.82	23.14	22.99	24.32	28.17
Total Liabilities & Equity	43.82	45.88	28.61	27.52	27.63	30.32
Total Debt	6.84	5.62	2.87	1.28	1.31	0.09
Net Cash (Debt)	9.24	12.61	-1.91	-1.27	-1.28	2.51
Net Cash Growth	-	-	-	-	-	-67.02%
Net Cash Per Share	0.12	0.17	-0.03	-0.02	-0.02	0.05
Filing Date Shares Outstanding	88.27	89.32	70	59.53	55.76	54.6
Total Common Shares Outstanding	88.27	86.89	69.86	59.53	55.55	53.98
Working Capital	11.75	13.55	-1.72	-4.51	-3.23	0.62
Book Value Per Share	0.17	0.29	0.33	0.39	0.44	0.52
Tangible Book Value	14.63	24.82	23.14	22.99	24.32	28.17
Tangible Book Value Per Share	0.17	0.29	0.33	0.39	0.44	0.52
Buildings	-	0.13	-	-	-	-
Machinery	-	0.02	-	-	0.01	0.01