Generation 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	11.55	5.53	16.46	18.77	5.4	11.66
Short-Term Investments	-	-	-	-	1.24	2.57
Cash & Short-Term Investments	11.55	5.53	16.46	18.77	6.64	14.23
Cash Growth	63.99%	-66.43%	-12.30%	182.67%	-53.35%	864.72%
Other Receivables	0.24	0.25	0.12	1.73	0.73	0.48
Receivables	0.24	0.25	0.12	1.73	0.73	0.48
Prepaid Expenses	0.13	0.22	0.14	0.22	0.1	0.14
Total Current Assets	11.92	6	16.72	20.72	7.47	14.86
Property, Plant & Equipment	0.7	0.83	1.13	2.88	0.67	0.76
Long-Term Investments	0.65	1.4	2.1	-	-	-
Other Long-Term Assets	0.12	0.12	0.26	1.42	0.04	0.04
Total Assets	13.39	8.35	20.22	25.02	8.17	15.66
Accounts Payable	2	1.36	1.91	4.38	1.82	1.71
Current Portion of Leases	0.26	1.54	2.46	3.1	0.04	0.03
Other Current Liabilities	0.21	0.06	0.42	0.65	0.49	0.02
Total Current Liabilities	2.46	2.96	4.79	8.13	2.35	1.77
Long-Term Leases	0.79	0.07	0.09	0.2	0.15	0.19
Other Long-Term Liabilities	66.37	55.1	44.73	40.78	-	-
Total Liabilities	69.62	58.13	49.61	49.11	2.5	1.96
Common Stock	89.31	80.73	80.43	66.67	38.93	28.37
Retained Earnings	-148.87	-136.21	-114.59	-96.83	-40.84	-23.76
Comprehensive Income & Other	3.32	5.69	4.77	6.05	7.58	9.09
Shareholders' Equity	-56.24	-49.78	-29.39	-24.1	5.67	13.7
Total Liabilities & Equity	13.39	8.35	20.22	25.02	8.17	15.66
Total Debt	1.04	1.61	2.55	3.3	0.19	0.22
Net Cash (Debt)	10.51	3.92	13.91	15.47	6.45	14.01
Net Cash Growth	101.06%	-71.86%	-10.05%	139.87%	-53.97%	1241.00%
Net Cash Per Share	0.04	0.02	0.07	0.09	0.04	0.11
Filing Date Shares Outstanding	269.63	236.99	236.05	181.52	179.92	140.52
Total Common Shares Outstanding	268.4	236.99	236.05	180.42	150.41	136.32
Working Capital	9.45	3.05	11.93	12.59	5.12	13.09
Book Value Per Share	-0.21	-0.21	-0.12	-0.13	0.04	0.10
Tangible Book Value	-56.24	-49.78	-29.39	-24.1	5.67	13.7
Tangible Book Value Per Share	-0.21	-0.21	-0.12	-0.13	0.04	0.10
Land	1.07	1.07	1.07	1.07	0.6	0.6
Machinery	0.09	0.09	0.07	0.07	0.03	0.05

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