Salazar Resources Balance Sheet

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	0.56	1.61	0.64	0.61	2.17	3.72
Cash & Short-Term Investments	0.56	1.61	0.64	0.61	2.17	3.72
Cash Growth	-49.68%	153.17%	4.49%	-71.87%	-41.81%	176.54%
Other Receivables	0.24	0.18	0.17	0.67	0.94	0.54
Receivables	0.24	0.18	0.17	0.67	0.94	0.54
Inventory	0.46	0.47	0.47	0.45	0.58	0.62
Prepaid Expenses	0.07	0.12	0.15	0.06	0.15	0.28
Total Current Assets	1.32	2.38	1.43	1.8	3.83	5.16
Property, Plant & Equipment	7.24	6.94	6.68	7.61	8.46	8.77
Long-Term Investments	13.87	14.05	14.28	14.42	16.99	15.08
Long-Term Deferred Charges	-	-	-	-	-	0.17
Total Assets	22.43	23.38	22.38	23.83	29.27	29.18
Accounts Payable	0.56	0.23	0.27	0.33	0.5	0.31
Accrued Expenses	0.02	0	0	0.12	0.12	0.1
Other Current Liabilities	-	0	-	-	-	-
Total Current Liabilities	0.57	0.24	0.27	0.46	0.62	0.4
Total Liabilities	0.57	0.24	0.27	0.46	0.62	0.4
Common Stock	53.95	53.95	52.21	49.9	49.44	46.82
Retained Earnings	-40.05	-38.92	-38.02	-33.38	-27.71	-23.8
Comprehensive Income & Other	7.96	8.12	7.92	6.86	6.92	5.76
Shareholders' Equity	21.86	23.15	22.11	23.37	28.66	28.78
Total Liabilities & Equity	22.43	23.38	22.38	23.83	29.27	29.18
Net Cash (Debt)	0.56	1.61	0.64	0.61	2.17	3.72
Net Cash Growth	-49.68%	153.17%	4.49%	-71.87%	-41.81%	176.54%
Net Cash Per Share	0.00	0.01	0.00	0.00	0.01	0.03
Filing Date Shares Outstanding	248.86	248.86	248.86	184.21	183.71	152.71
Total Common Shares Outstanding	248.86	248.86	223.86	184.21	180.03	152.66
Working Capital	0.75	2.15	1.16	1.34	3.21	4.76
Book Value Per Share	0.09	0.09	0.10	0.13	0.16	0.19
Tangible Book Value	21.86	23.15	22.11	23.37	28.66	28.78
Tangible Book Value Per Share	0.09	0.09	0.10	0.13	0.16	0.19
Land	0.28	0.29	0.44	0.26	0.41	0.39
Machinery	2.44	2.58	3.03	2.94	2.87	2.89

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