Visible Gold Mines Balance Sheet

Financials in millions CAD. Fiscal year is August - July.

Millions CAD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Cash & Equivalents	0.1	0.02	0.03	0.02	0.17	0.33
Cash & Short-Term Investments	0.1	0.02	0.03	0.02	0.17	0.33
Cash Growth	590.82%	-51.24%	49.76%	-87.07%	-47.92%	1560.86%
Other Receivables	0.02	0.01	0.01	0.07	0.01	0.02
Receivables	0.02	0.01	0.01	0.07	0.01	0.02
Prepaid Expenses	0.01	0	0	0	0	0
Total Current Assets	0.13	0.03	0.04	0.09	0.19	0.36
Property, Plant & Equipment	0.05	0.05	0.07	0.65	1.17	4.97
Long-Term Investments	1.86	0.06	0.12	0.06	0.12	0.15
Total Assets	2.04	0.14	0.23	0.8	1.48	5.48
Accounts Payable	0.02	0.16	0.04	0.02	0.01	0
Accrued Expenses	0.04	0.43	0.24	0.08	0.05	0.04
Current Portion of Long-Term Debt	0.02	0.02	0.02	0.02	-	-
Current Income Taxes Payable	-	0.03	0.07	0.06	0.05	0.01
Total Current Liabilities	0.08	0.64	0.37	0.18	0.12	0.04
Long-Term Debt	0.03	0.04	0.06	0.07	-	-
Total Liabilities	0.11	0.68	0.43	0.26	0.12	0.04
Common Stock	23.72	23.72	23.57	23.56	23.41	23.41
Additional Paid-In Capital	6.24	6.24	6.2	6.16	6.16	6.11
Retained Earnings	-27.95	-30.36	-29.89	-29.19	-28.17	-24.08
Comprehensive Income & Other	-0.09	-0.14	-0.08	0.01	-0.04	-0.01
Shareholders' Equity	1.93	-0.54	-0.19	0.54	1.36	5.43
Total Liabilities & Equity	2.04	0.14	0.23	0.8	1.48	5.48
Total Debt	0.05	0.06	0.07	0.09	-	-
Net Cash (Debt)	1.91	0.02	0.08	-0.01	0.29	0.49
Net Cash Growth	4806.78%	-76.81%	-	-	-40.12%	1193.76%
Net Cash Per Share	0.05	0.00	0.00	-0.00	0.01	0.02
Filing Date Shares Outstanding	37.16	37.16	37.16	35.16	33.83	33.83
Total Common Shares Outstanding	37.16	37.16	35.16	35.08	33.83	33.83
Working Capital	0.05	-0.61	-0.32	-0.09	0.07	0.31
Book Value Per Share	0.05	-0.01	-0.01	0.02	0.04	0.16
Tangible Book Value	1.93	-0.54	-0.19	0.54	1.36	5.43
Tangible Book Value Per Share	0.05	-0.01	-0.01	0.02	0.04	0.16
Machinery	0.09	0.09	0.09	0.09	0.01	0.05

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