Defiance Silver Balance Sheet

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

Millions CAD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	12.89	14.75	0.27	4.56	11.78	20.83
Cash & Short-Term Investments	12.89	14.75	0.27	4.56	11.78	20.83
Cash Growth	1206.61%	5448.67%	-94.18%	-61.27%	-43.44%	3560.91%
Other Receivables	0.3	0.06	0.05	0	0.03	0.07
Receivables	0.3	0.21	0.05	0	0.03	0.07
Prepaid Expenses	-	-	-	0.03	0.03	0.02
Restricted Cash	-	-	-	0.39	0.39	0.39
Other Current Assets	0.09	0.06	0.03	0.1	0.14	0.26
Total Current Assets	13.28	15.02	0.35	5.08	12.36	21.56
Property, Plant & Equipment	46.01	43.44	38.22	33.42	27.02	20.02
Other Long-Term Assets	4.1	3.83	3.7	3.42	2.18	1.45
Total Assets	63.38	62.29	42.27	41.93	41.56	43.04
Accounts Payable	0.61	0.79	0.76	1.14	1.31	1.01
Accrued Expenses	0.07	0.06	0.07	0.15	0.1	0.26
Total Current Liabilities	0.68	0.85	0.83	1.29	1.41	1.27
Long-Term Deferred Tax Liabilities	0.04	0.04	0.04	0.04	0.04	0.04
Total Liabilities	0.72	0.88	0.87	1.33	1.44	1.31
Common Stock	78.87	77.5	56.82	54.27	52.15	51.43
Retained Earnings	-25.36	-25.12	-22.2	-19.85	-17.36	-13.51
Comprehensive Income & Other	9.15	9.04	6.79	6.18	5.34	3.81
Shareholders' Equity	62.66	61.41	41.41	40.6	40.12	41.73
Total Liabilities & Equity	63.38	62.29	42.27	41.93	41.56	43.04
Net Cash (Debt)	12.89	14.75	0.27	4.56	11.78	20.83
Net Cash Growth	1206.61%	5448.67%	-94.18%	-61.27%	-43.44%	-
Net Cash Per Share	0.04	0.05	0.00	0.02	0.05	0.11
Filing Date Shares Outstanding	364.02	364.02	274.05	229.36	227.75	220.23
Total Common Shares Outstanding	363.87	358.49	256.14	229	221.72	220.03
Working Capital	12.59	14.17	-0.48	3.79	10.96	20.29
Book Value Per Share	0.17	0.17	0.16	0.18	0.18	0.19
Tangible Book Value	62.66	61.41	41.41	40.6	40.12	41.73
Tangible Book Value Per Share	0.17	0.17	0.16	0.18	0.18	0.19
Land	-	0.06	0.06	0.06	0.06	-
Buildings	-	0.04	0.04	0.04	0.04	-
Machinery	-	0.27	0.27	0.27	0.22	0.12

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