Artemis Gold Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-31.44	-11.45	-21.63	-13.71
Depreciation & Amortization	1.1	0.99	0.48	0.42
Loss (Gain) From Sale of Investments	-	-	10.53	2.06
Loss (Gain) on Equity Investments	0.47	0.59	0.89	0.7
Stock-Based Compensation	8	4.47	5.08	4.58
Other Operating Activities	13.23	-3.44	-2.98	0.16
Change in Accounts Receivable	0.5	-0.38	-0.13	0.19
Change in Accounts Payable	-0.66	0.7	1.7	-0.12
Operating Cash Flow	-8.81	-8.52	-6.05	-5.73
Capital Expenditures	-482.77	-396.42	-96.91	-83.64
Investment in Securities	-	-	1.38	3.32
Other Investing Activities	29.69	-21.95	-1.26	0.67
Investing Cash Flow	-453.09	-418.37	-96.79	-79.66
Long-Term Debt Issued	315	150	-	-
Total Debt Issued	315	150	-	-
Long-Term Debt Repaid	-5.62	-1.28	-0.36	-0.3
Net Debt Issued (Repaid)	309.38	148.72	-0.36	-0.3
Issuance of Common Stock	30.16	8.62	175.38	173
Other Financing Activities	-5.95	232.05	-9.45	-7.81
Financing Cash Flow	333.59	389.4	165.58	164.9
Net Cash Flow	-128.31	-37.5	62.73	79.51
Free Cash Flow	-491.59	-404.94	-102.97	-89.37
Free Cash Flow Per Share	-2.32	-2.06	-0.63	-0.63
Cash Interest Paid	5.02	-	-	-
Levered Free Cash Flow	-408.39	-375.85	-82.16	-131.46
Unlevered Free Cash Flow	-408.35	-375.78	-82.11	-131.41
Change in Working Capital	-0.16	0.32	1.57	0.07

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.