Norsemont Mining Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	18.23	0.96	0.01	0.02	2.6
Cash & Short-Term Investments	18.23	0.96	0.01	0.02	2.6
Cash Growth	1803.24%	18637.68%	-79.14%	-99.06%	-65.79%
Other Receivables	0.03	0.01	0.01	0.03	0.08
Receivables	0.03	0.01	0.01	0.03	0.1
Prepaid Expenses	0.01	0.17	-	0.02	0.02
Other Current Assets	-	-	0	-	-
Total Current Assets	18.27	1.14	0.01	0.07	2.73
Property, Plant & Equipment	27.61	27.48	27.48	27.53	27.57
Long-Term Investments	-	-	0.03	0.03	0.03
Total Assets	45.88	28.61	27.52	27.63	30.32
Accounts Payable	1.69	2.42	2.12	1.5	1.33
Accrued Expenses	-	0.19	1.13	0.51	0.09
Short-Term Debt	3.03	-	0.33	1.25	-
Current Portion of Long-Term Debt	-	0.25	0.95	-	-
Current Portion of Leases	-	-	-	0.05	0.04
Other Current Liabilities	-	-	-	-	0.63
Total Current Liabilities	4.72	2.86	4.53	3.3	2.1
Long-Term Debt	2.59	2.62	-	-	-
Long-Term Leases	-	-	-	0.01	0.05
Long-Term Unearned Revenue	1.17	-	-	-	-
Other Long-Term Liabilities	12.58	-	-	-	-
Total Liabilities	21.05	5.48	4.53	3.31	2.15
Common Stock	56.2	47.81	46.78	45.81	44.95
Retained Earnings	-34.83	-26.91	-25.52	-23.18	-17.86
Comprehensive Income & Other	3.46	2.23	1.73	1.69	1.07
Shareholders' Equity	24.82	23.14	22.99	24.32	28.17
Total Liabilities & Equity	45.88	28.61	27.52	27.63	30.32
Total Debt	5.62	2.87	1.28	1.31	0.09
Net Cash (Debt)	12.61	-1.91	-1.27	-1.28	2.51
Net Cash Growth	-	-	-	-	-67.02%
Net Cash Per Share	0.17	-0.03	-0.02	-0.02	0.05
Filing Date Shares Outstanding	85.58	70	59.53	55.76	54.6
Total Common Shares Outstanding	85.58	69.86	59.53	55.55	53.98
Working Capital	13.55	-1.72	-4.51	-3.23	0.62
Book Value Per Share	0.29	0.33	0.39	0.44	0.52
Tangible Book Value	24.82	23.14	22.99	24.32	28.17
Tangible Book Value Per Share	0.29	0.33	0.39	0.44	0.52
Machinery	-	-	-	0.01	0.01

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