Gold X2 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 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	39.55	15.38	5.27	1.24	12.11	2.23
Cash & Short-Term Investments	39.55	15.38	5.27	1.24	12.11	2.23
Cash Growth	885.75%	191.86%	325.79%	-89.78%	443.86%	-
Other Receivables	0.46	0.33	0.15	0.24	0.84	0.02
Receivables	0.46	0.33	0.15	0.24	0.84	0.02
Prepaid Expenses	0.68	0.29	0.09	0.37	0.47	0.01
Restricted Cash	-	-	-	-	-	14.36
Other Current Assets	-	-	-	-	-	1.08
Total Current Assets	40.69	16	5.51	1.85	13.42	17.7
Property, Plant & Equipment	107.57	95.25	89.31	85.75	61.62	1.02
Other Long-Term Assets	0.08	0.45	0	0	0.16	0.01
Total Assets	148.33	111.69	94.82	87.6	75.2	18.73
Accounts Payable	1.75	0.79	0.27	1.34	1.92	0.17
Accrued Expenses	1.04	0.49	0.14	0.46	0.54	0.01
Current Portion of Leases	0.06	0.07	0.07	0.08	0.1	0.02
Current Unearned Revenue	4.73	3.56	0.26	0.16	1	-
Other Current Liabilities	-	-	-	-	-	15
Total Current Liabilities	7.59	4.92	0.74	2.03	3.57	15.19
Long-Term Leases	0.11	0.13	0.19	0.24	0.23	0
Long-Term Deferred Tax Liabilities	16.86	13.97	11.78	11.5	6.83	-
Total Liabilities	24.55	19.02	12.72	13.78	10.63	15.19
Common Stock	146.94	105.81	90.33	73.06	54.94	3.86
Retained Earnings	-31.64	-27.93	-23.1	-21.23	-14.23	-0.75
Comprehensive Income & Other	8.48	14.8	14.87	21.99	23.86	0.43
Shareholders' Equity	123.78	92.67	82.1	73.82	64.57	3.54
Total Liabilities & Equity	148.33	111.69	94.82	87.6	75.2	18.73
Total Debt	0.16	0.2	0.27	0.32	0.33	0.02
Net Cash (Debt)	39.39	15.18	5	0.92	11.77	2.2
Net Cash Growth	943.07%	203.36%	445.06%	-92.20%	434.24%	-
Net Cash Per Share	0.12	0.05	0.02	0.01	0.13	0.17
Filing Date Shares Outstanding	473.69	335.62	260.17	208.36	142.28	30.12
Total Common Shares Outstanding	465.85	335.62	259.67	167.85	115.46	30.12
Working Capital	33.1	11.08	4.76	-0.19	9.84	2.51
Book Value Per Share	0.27	0.28	0.32	0.44	0.56	0.12
Tangible Book Value	123.78	92.67	82.1	73.82	64.57	3.54
Tangible Book Value Per Share	0.27	0.28	0.32	0.44	0.56	0.12
Machinery	0.09	0.03	0.03	0.03	0.03	-

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