Surge Copper 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	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	8.19	1.88	0.08	2.82	7.82	3.27
Cash & Short-Term Investments	8.19	1.88	0.08	2.82	7.82	3.27
Cash Growth	122.62%	2121.88%	-97.00%	-63.93%	138.88%	9244.49%
Other Receivables	0.21	0.23	0.02	0.04	0.34	0.14
Receivables	0.21	0.23	0.02	0.04	0.34	0.14
Prepaid Expenses	0.16	0.08	0.09	0.11	0.09	0.14
Total Current Assets	8.56	2.2	0.19	2.97	8.25	3.55
Property, Plant & Equipment	59.03	54.82	51.15	47.38	39.03	30.36
Total Assets	67.6	57.02	51.34	50.35	47.28	33.91
Accounts Payable	1.24	0.29	0.21	0.07	0.14	0.11
Accrued Expenses	0.08	0.04	0.3	0.24	0.03	0.01
Current Portion of Leases	0.02	0.03	0.03	0.02	0.02	0.03
Current Unearned Revenue	-	-	0.31	0.91	1.38	0.28
Other Current Liabilities	0.51	0.04	-	-	-	-
Total Current Liabilities	1.86	0.41	0.85	1.25	1.57	0.43
Long-Term Leases	0.01	0.02	0.05	0.08	0.11	-
Long-Term Deferred Tax Liabilities	4.14	4.14	4.01	4.32	4.07	1.51
Total Liabilities	6.01	4.57	4.91	5.65	5.75	1.95
Common Stock	83.47	74.06	66.47	63.85	60.13	48.15
Additional Paid-In Capital	14.01	13.53	13.06	12.21	10.65	8.17
Retained Earnings	-35.89	-35.15	-33.1	-31.36	-29.25	-24.36
Shareholders' Equity	61.58	52.44	46.43	44.7	41.53	31.96
Total Liabilities & Equity	67.6	57.02	51.34	50.35	47.28	33.91
Total Debt	0.04	0.05	0.08	0.11	0.13	0.03
Net Cash (Debt)	8.15	1.83	0	2.72	7.7	3.25
Net Cash Growth	125.66%	42532.70%	-99.84%	-64.70%	136.85%	-
Net Cash Per Share	0.03	0.01	0.00	0.02	0.05	0.04
Filing Date Shares Outstanding	345.41	319.63	286.37	196.42	169.5	161.19
Total Common Shares Outstanding	345.41	290.98	224.45	194.55	166.97	133.19
Working Capital	6.71	1.79	-0.66	1.72	6.69	3.12
Book Value Per Share	0.18	0.18	0.21	0.23	0.25	0.24
Tangible Book Value	61.58	52.44	46.43	44.7	41.53	31.96
Tangible Book Value Per Share	0.18	0.18	0.21	0.23	0.25	0.24
Buildings	-	-	-	0.18	0.18	0.18
Machinery	0.15	0.15	0.15	0.19	0.19	0.18

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