Blackrock Silver Balance Sheet

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

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul '25 Jul 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	Oct '20 Oct 31, 2020
Cash & Equivalents	7.13	9.4	0.66	3.65	8.54	6.59
Cash & Short-Term Investments	7.13	9.4	0.66	3.65	8.54	6.59
Cash Growth	-32.25%	1332.45%	-82.02%	-57.25%	29.53%	650.46%
Other Receivables	0.09	0.11	0.07	0.17	0.08	0.05
Receivables	0.09	0.11	0.07	0.17	0.08	0.05
Prepaid Expenses	0.21	0.22	0.41	0.25	0.14	0.11
Total Current Assets	7.43	9.73	1.14	4.06	8.76	6.76
Property, Plant & Equipment	7.93	7.49	5.43	4.35	2.65	1.68
Other Long-Term Assets	0.03	0.03	0.03	0.03	0.03	0.03
Total Assets	15.39	17.25	6.6	8.45	11.44	8.47
Accounts Payable	0.87	1.11	0.17	0.75	0.83	1.24
Accrued Expenses	0.19	0.16	0.12	0.15	0.49	0.26
Current Portion of Leases	0.03	0.03	-	-	-	-
Other Current Liabilities	0.08	0.07	0.05	0.05	-	-
Total Current Liabilities	1.17	1.36	0.34	0.95	1.32	1.49
Long-Term Leases	0.02	0.04	-	-	-	-
Other Long-Term Liabilities	0.09	0.08	0.04	0.09	0.18	0.02
Total Liabilities	1.28	1.48	0.38	1.03	1.5	1.51
Common Stock	99.6	86.35	65.14	61.12	41.67	19.7
Retained Earnings	-97.56	-81.41	-69.65	-63.65	-46.14	-18.12
Comprehensive Income & Other	12.07	10.83	10.73	9.95	14.42	5.37
Shareholders' Equity	14.11	15.77	6.22	7.42	9.94	6.95
Total Liabilities & Equity	15.39	17.25	6.6	8.45	11.44	8.47
Total Debt	0.05	0.07	-	-	-	-
Net Cash (Debt)	7.08	9.33	0.66	3.65	8.54	6.59
Net Cash Growth	-32.23%	1321.79%	-82.02%	-57.25%	29.53%	782.57%
Net Cash Per Share	0.02	0.04	0.00	0.02	0.06	0.08
Filing Date Shares Outstanding	331.56	314.72	222.59	179.01	155.88	122.48
Total Common Shares Outstanding	318.79	276.07	193.02	178.71	143.79	106.72
Working Capital	6.26	8.36	0.8	3.12	7.43	5.26
Book Value Per Share	0.04	0.06	0.03	0.04	0.07	0.07
Tangible Book Value	14.11	15.77	6.22	7.42	9.94	6.95
Tangible Book Value Per Share	0.04	0.06	0.03	0.04	0.07	0.07
Machinery	0.51	0.5	0.36	0.36	0.16	-

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