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	Sep '25 Sep 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	25.7	15.38	5.27	1.24	12.11	2.23
Cash & Short-Term Investments	25.7	15.38	5.27	1.24	12.11	2.23
Cash Growth	312.79%	191.86%	325.79%	-89.78%	443.86%	-
Other Receivables	0.6	0.33	0.15	0.24	0.84	0.02
Receivables	0.6	0.33	0.15	0.24	0.84	0.02
Prepaid Expenses	0.44	0.29	0.09	0.37	0.47	0.01
Restricted Cash	-	-	-	-	-	14.36
Other Current Assets	-	-	-	-	-	1.08
Total Current Assets	26.74	16	5.51	1.85	13.42	17.7
Property, Plant & Equipment	124.54	95.25	89.31	85.75	61.62	1.02
Other Long-Term Assets	0.07	0.45	0	0	0.16	0.01
Total Assets	151.35	111.69	94.82	87.6	75.2	18.73
Accounts Payable	2.69	0.79	0.27	1.34	1.92	0.17
Accrued Expenses	1.24	0.49	0.14	0.46	0.54	0.01
Current Portion of Leases	0.12	0.07	0.07	0.08	0.1	0.02
Current Unearned Revenue	2.41	3.56	0.26	0.16	1	-
Other Current Liabilities	0.15	-	-	-	-	15
Total Current Liabilities	6.61	4.92	0.74	2.03	3.57	15.19
Long-Term Leases	0.19	0.13	0.19	0.24	0.23	0
Long-Term Deferred Tax Liabilities	19.37	13.97	11.78	11.5	6.83	-
Total Liabilities	26.71	19.02	12.72	13.78	10.63	15.19
Common Stock	149.73	105.81	90.33	73.06	54.94	3.86
Retained Earnings	-32.53	-27.93	-23.1	-21.23	-14.23	-0.75
Comprehensive Income & Other	7.45	14.8	14.87	21.99	23.86	0.43
Shareholders' Equity	124.65	92.67	82.1	73.82	64.57	3.54
Total Liabilities & Equity	151.35	111.69	94.82	87.6	75.2	18.73
Total Debt	0.31	0.2	0.27	0.32	0.33	0.02
Net Cash (Debt)	25.39	15.18	5	0.92	11.77	2.2
Net Cash Growth	322.75%	203.36%	445.06%	-92.20%	434.24%	-
Net Cash Per Share	0.07	0.05	0.02	0.01	0.13	0.17
Filing Date Shares Outstanding	493.95	335.62	260.17	208.36	142.28	30.12
Total Common Shares Outstanding	473.69	335.62	259.67	167.85	115.46	30.12
Working Capital	20.13	11.08	4.76	-0.19	9.84	2.51
Book Value Per Share	0.26	0.28	0.32	0.44	0.56	0.12
Tangible Book Value	124.65	92.67	82.1	73.82	64.57	3.54
Tangible Book Value Per Share	0.26	0.28	0.32	0.44	0.56	0.12
Machinery	0.22	0.03	0.03	0.03	0.03	-

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