Highlander Silver Balance Sheet

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

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Mar '25 Mar 31, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	Dec '20 Dec 31, 2020	2019
Cash & Equivalents	30.29	2.5	0.23	1.97	3.5	1.08	Upgrade
Cash & Short-Term Investments	30.29	2.5	0.23	1.97	3.5	1.08	Upgrade
Cash Growth	1425.52%	988.76%	-88.33%	-43.81%	223.99%	1411.48%	Upgrade
Other Receivables	0.09	0.29	0.01	0.04	0.02	-	Upgrade
Receivables	0.09	0.29	0.01	0.04	0.02	-	Upgrade
Prepaid Expenses	0.02	0.03	0.01	0.02	0.01	0	Upgrade
Total Current Assets	30.4	2.82	0.25	2.03	3.54	1.08	Upgrade
Property, Plant & Equipment	11.84	12.22	0.27	3.67	2.24	1.98	Upgrade
Other Long-Term Assets	0.16	0.15	-	-	-	-	Upgrade
Total Assets	42.4	15.19	0.52	5.7	5.78	3.06	Upgrade
Accounts Payable	0.53	0.33	0.12	0.22	0.06	0.05	Upgrade
Accrued Expenses	-	0.02	0.04	0.05	0.01	-	Upgrade
Other Current Liabilities	1.82	1.71	0.08	0.02	-	-	Upgrade
Total Current Liabilities	2.35	2.06	0.23	0.29	0.07	0.05	Upgrade
Other Long-Term Liabilities	2.33	2.18	-	-	-	-	Upgrade
Total Liabilities	4.69	4.24	0.23	0.29	0.07	0.05	Upgrade
Common Stock	50.13	19.52	7.22	7.2	7.13	3.64	Upgrade
Additional Paid-In Capital	-	-	-	1.25	1.06	0.13	Upgrade
Retained Earnings	-15.13	-10.11	-8.3	-2.78	-2.25	-0.68	Upgrade
Comprehensive Income & Other	2.71	1.53	1.37	-0.25	-0.23	-0.06	Upgrade
Total Common Equity	37.71	10.95	0.28	5.41	5.71	3.03	Upgrade
Minority Interest	-	-	-	-	-	-0.01	Upgrade
Shareholders' Equity	37.71	10.95	0.28	5.41	5.71	3.02	Upgrade
Total Liabilities & Equity	42.4	15.19	0.52	5.7	5.78	3.06	Upgrade
Net Cash (Debt)	30.29	2.5	0.23	1.97	3.5	1.08	Upgrade
Net Cash Growth	1425.52%	988.76%	-88.33%	-43.81%	223.99%	1411.48%	Upgrade
Net Cash Per Share	0.38	0.04	0.01	0.07	0.17	0.08	Upgrade
Filing Date Shares Outstanding	104.97	81.72	60.46	30.37	20.15	18.58	Upgrade
Total Common Shares Outstanding	104.87	81.22	30.46	30.37	20.15	18.58	Upgrade
Working Capital	28.05	0.76	0.02	1.74	3.47	1.04	Upgrade
Book Value Per Share	0.36	0.13	0.01	0.18	0.28	0.16	Upgrade
Tangible Book Value	37.71	10.95	0.28	5.41	5.71	3.03	Upgrade
Tangible Book Value Per Share	0.36	0.13	0.01	0.18	0.28	0.16	Upgrade
Machinery	-	0.15	0.09	0.02	0.03	0.09	Upgrade
Construction In Progress	-	0.06	-	-	-	-	Upgrade

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