GR Silver Mining Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12.39	1.16	0.1	0.9	3.08	4.89
Cash & Short-Term Investments	12.39	1.16	0.1	0.9	3.08	4.89
Cash Growth	433.79%	1055.63%	-88.85%	-70.69%	-37.10%	138.77%
Other Receivables	0.07	0.01	0.02	0.01	0.03	0.04
Receivables	0.07	0.01	0.02	0.01	0.03	0.04
Prepaid Expenses	0.32	0.23	0.2	0.32	0.26	0.1
Total Current Assets	12.78	1.41	0.32	1.24	3.37	5.03
Property, Plant & Equipment	7.7	8.11	8.42	21.21	21.58	4.87
Long-Term Deferred Charges	-	-	-	-	-	0.16
Other Long-Term Assets	0.49	0.21	1.98	2.84	3.48	0.78
Total Assets	20.97	9.72	10.72	25.28	28.43	10.84
Accounts Payable	0.46	0.63	1.74	0.88	1.57	0.92
Accrued Expenses	1.08	0.74	22.29	17.47	12.94	0.04
Total Current Liabilities	1.54	1.37	24.03	18.34	14.51	0.96
Other Long-Term Liabilities	0.24	0.53	2.85	2.35	2.65	0.22
Total Liabilities	1.79	1.9	26.88	20.69	17.16	1.18
Common Stock	76.7	62.33	58.21	54.01	45.49	27.3
Retained Earnings	-69.29	-63.43	-82.71	-57.11	-38.32	-20.12
Comprehensive Income & Other	11.77	8.92	8.35	7.69	4.09	2.49
Shareholders' Equity	19.18	7.82	-16.15	4.59	11.26	9.67
Total Liabilities & Equity	20.97	9.72	10.72	25.28	28.43	10.84
Net Cash (Debt)	12.39	1.16	0.1	0.9	3.08	4.89
Net Cash Growth	433.79%	1055.63%	-88.85%	-70.69%	-37.10%	138.77%
Net Cash Per Share	0.03	0.00	0.00	0.00	0.02	0.05
Filing Date Shares Outstanding	433.17	344.49	311.67	261.78	167.88	134.25
Total Common Shares Outstanding	431.12	332.55	302.52	231.48	167.44	128.95
Working Capital	11.23	0.03	-23.71	-17.1	-11.14	4.07
Book Value Per Share	0.04	0.02	-0.05	0.02	0.07	0.07
Tangible Book Value	19.18	7.82	-16.15	4.59	11.26	9.67
Tangible Book Value Per Share	0.04	0.02	-0.05	0.02	0.07	0.07
Buildings	0.97	0.97	0.97	0.97	0.89	-
Machinery	1.15	1.13	1.43	1.58	1.43	1.2
Construction In Progress	-	-	-	-	-	0.07

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