Azarga Metals Balance Sheet

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

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	0.05	0.13	0.02	0.12	0.18	0.86
Cash & Short-Term Investments	0.05	0.13	0.02	0.12	0.18	0.86
Cash Growth	266.77%	743.33%	-87.65%	-33.11%	-78.67%	11.30%
Other Receivables	0	0	0	0	0.06	0.07
Receivables	0	0	0	0	0.06	0.07
Prepaid Expenses	0.01	0.01	0.01	0.01	0.11	0.03
Restricted Cash	-	-	-	-	0.05	-
Total Current Assets	0.06	0.14	0.02	0.13	0.4	0.97
Property, Plant & Equipment	0.89	0.89	0.53	0.87	0.87	8.01
Long-Term Deferred Charges	-	-	-	-	-	0.05
Total Assets	0.95	1.03	0.56	1	1.27	9.03
Accounts Payable	0.05	0.04	0.15	0.17	0.33	0.07
Accrued Expenses	0.03	0	0.57	0.3	0.08	0.19
Current Portion of Long-Term Debt	-	-	-	-	1.72	-
Other Current Liabilities	-	-	-	0.54	0.2	-
Total Current Liabilities	0.08	0.04	0.71	1.01	2.33	0.26
Long-Term Debt	-	-	-	-	-	6.13
Other Long-Term Liabilities	-	-	-	-	0.3	-
Total Liabilities	0.08	0.04	0.71	1.01	2.64	6.39
Common Stock	146.48	146.48	145.19	145.05	143.04	137.75
Retained Earnings	-163.36	-163.18	-162.92	-162.57	-161.84	-152.25
Comprehensive Income & Other	17.75	17.69	17.57	17.52	17.43	17.14
Total Common Equity	0.87	0.99	-0.16	-0.01	-1.37	2.64
Shareholders' Equity	0.87	0.99	-0.16	-0.01	-1.37	2.64
Total Liabilities & Equity	0.95	1.03	0.56	1	1.27	9.03
Total Debt	-	-	-	-	1.72	6.13
Net Cash (Debt)	0.05	0.13	0.02	0.12	-1.54	-5.26
Net Cash Growth	266.77%	743.33%	-87.65%	-	-	-
Net Cash Per Share	0.00	0.00	0.00	0.01	-0.11	-0.48
Filing Date Shares Outstanding	87.19	76.89	73.71	36.37	20.81	13.05
Total Common Shares Outstanding	76.89	76.89	36.37	33.51	19.7	12.11
Working Capital	-0.02	0.1	-0.69	-0.88	-1.93	0.71
Book Value Per Share	0.01	0.01	-0.00	-0.00	-0.07	0.22
Tangible Book Value	0.87	0.99	-0.16	-0.01	-1.37	2.64
Tangible Book Value Per Share	0.01	0.01	-0.00	-0.00	-0.07	0.22

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