XXIX Metal Balance Sheet

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul '25 Jul 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	Oct '20 Oct 31, 2020
Cash & Equivalents	1.81	4.06	5.77	8.86	17.51	1.74
Trading Asset Securities	1.11	2.26	4.44	6.54	-	-
Cash & Short-Term Investments	2.92	6.32	10.21	15.39	17.51	1.74
Cash Growth	-61.29%	-38.06%	-33.69%	-12.09%	904.24%	402.66%
Other Receivables	1.97	1.56	1.92	1.3	0.23	0.1
Receivables	1.97	1.56	1.92	1.3	0.23	0.1
Prepaid Expenses	0.05	0.16	0.17	0.1	0.1	0
Restricted Cash	0.48	0.06	0.06	-	-	-
Total Current Assets	5.42	8.1	12.35	16.8	17.83	1.85
Property, Plant & Equipment	0.29	0.14	0.03	0.04	0.06	0.02
Long-Term Investments	-	-	-	-	2.84	3.36
Total Assets	5.71	8.24	12.38	16.84	20.73	5.22
Accounts Payable	1.43	0.5	0.26	0.31	0.86	0.06
Current Income Taxes Payable	-	-	-	-	0.03	-
Current Unearned Revenue	-	-	-	-	2.61	0.31
Other Current Liabilities	1.44	-	-	0	0.06	0
Total Current Liabilities	2.88	0.5	0.26	0.32	3.56	0.38
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.06
Total Liabilities	2.88	0.5	0.26	0.32	3.56	0.44
Common Stock	30.28	20.1	19.97	17.21	14.41	3.58
Retained Earnings	-31.41	-15.53	-10.67	-3.35	0.55	0.07
Comprehensive Income & Other	3.97	3.17	2.82	2.66	2.21	1.12
Shareholders' Equity	2.84	7.74	12.12	16.52	17.17	4.78
Total Liabilities & Equity	5.71	8.24	12.38	16.84	20.73	5.22
Net Cash (Debt)	2.92	6.32	10.21	15.39	17.51	1.74
Net Cash Growth	-61.29%	-38.06%	-33.69%	-12.09%	904.24%	402.66%
Net Cash Per Share	0.01	0.04	0.06	0.11	0.14	0.03
Filing Date Shares Outstanding	306.81	258.81	173.66	151.04	146.61	107.94
Total Common Shares Outstanding	259.28	174.37	173.66	150.74	134.36	70.78
Working Capital	2.54	7.6	12.09	16.48	14.27	1.47
Book Value Per Share	0.01	0.04	0.07	0.11	0.13	0.07
Tangible Book Value	2.84	7.74	12.12	16.52	17.17	4.78
Tangible Book Value Per Share	0.01	0.04	0.07	0.11	0.13	0.07
Machinery	-	0.19	0.07	0.07	0.07	0.02

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