Alaska Energy Metals 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	1.07	1.28	3.94	0.4	0.8	0.39
Short-Term Investments	-	-	0.44	1.75	1.26	1.25
Cash & Short-Term Investments	1.07	1.28	4.38	2.15	2.06	1.64
Cash Growth	-77.24%	-70.67%	104.08%	4.35%	25.11%	36.09%
Accounts Receivable	0.1	0.16	0.08	0.11	0.21	0.57
Other Receivables	-	-	-	0.05	0.03	0.03
Receivables	0.1	0.16	0.08	0.16	0.25	0.59
Prepaid Expenses	0.04	0.21	0.7	0.05	0.2	0.05
Total Current Assets	1.21	1.66	5.16	2.35	2.5	2.29
Property, Plant & Equipment	26.37	25.85	17.42	3.93	4.31	4.34
Total Assets	27.58	27.51	22.58	6.28	6.81	6.62
Accounts Payable	1.19	1.01	0.67	0.21	0.4	0.8
Accrued Expenses	0.42	0.12	0.03	0.13	0.06	0.03
Current Portion of Long-Term Debt	-	-	-	0.5	-	-
Current Portion of Leases	-	-	0.03	0.02	0.08	0.08
Other Current Liabilities	0.1	0.01	0.25	0.14	-	0.01
Total Current Liabilities	1.71	1.14	0.97	1	0.53	0.92
Long-Term Debt	-	-	-	-	-	0.32
Long-Term Leases	-	-	0.03	0.06	-	0.07
Long-Term Deferred Tax Liabilities	0.22	0.22	-	-	-	-
Total Liabilities	1.93	1.36	1	1.06	0.53	1.32
Common Stock	81.71	80.04	70.21	47.27	47.07	44.37
Retained Earnings	-69.36	-67.22	-58.38	-48.59	-46.89	-44.75
Comprehensive Income & Other	13.3	13.33	9.75	6.54	6.1	5.69
Shareholders' Equity	25.65	26.15	21.58	5.23	6.28	5.31
Total Liabilities & Equity	27.58	27.51	22.58	6.28	6.81	6.62
Total Debt	-	-	0.05	0.58	0.08	0.48
Net Cash (Debt)	1.07	1.28	4.33	1.57	1.98	1.17
Net Cash Growth	-77.07%	-70.30%	175.83%	-20.70%	69.36%	18.99%
Net Cash Per Share	0.01	0.01	0.12	0.10	0.14	0.11
Filing Date Shares Outstanding	183.68	161.77	86.53	15.62	15.22	11.52
Total Common Shares Outstanding	171.59	153.97	86.52	15.62	15.22	11.52
Working Capital	-0.5	0.52	4.19	1.35	1.97	1.36
Book Value Per Share	0.15	0.17	0.25	0.33	0.41	0.46
Tangible Book Value	25.65	26.15	21.58	5.23	6.28	5.31
Tangible Book Value Per Share	0.15	0.17	0.25	0.33	0.41	0.46

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.