Capitan Silver 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	23.95	4.9	0.57	0.52	0.08	2.71
Cash & Short-Term Investments	23.95	4.9	0.57	0.52	0.08	2.71
Cash Growth	61710.79%	761.55%	8.97%	561.26%	-97.09%	12.77%
Accounts Receivable	-	0.17	-	-	-	-
Other Receivables	0.03	0.06	0.01	0.01	0.02	0.01
Receivables	0.03	0.23	0.01	0.01	0.02	0.01
Prepaid Expenses	0.01	0.02	0.02	0.02	0.02	0.03
Restricted Cash	0.03	0.03	0.03	0.03	0.03	0.03
Other Current Assets	0.26	0.14	0.05	0.04	0.01	0.01
Total Current Assets	24.28	5.31	0.66	0.61	0.15	2.79
Property, Plant & Equipment	22.7	20.78	10.54	10.26	7.84	5.66
Other Long-Term Assets	2.2	2.01	0.75	0.87	0.6	0.35
Total Assets	49.18	28.1	11.95	11.75	8.58	8.79
Accounts Payable	0.3	0.3	0.04	0.04	0.21	0.18
Accrued Expenses	-	-	-	-	0.01	-
Current Income Taxes Payable	0.02	0.01	0.01	0.01	0.01	0.02
Other Current Liabilities	-	-	-	-	0.05	-
Total Current Liabilities	0.33	0.31	0.05	0.05	0.28	0.2
Other Long-Term Liabilities	3.17	3.23	-	-	-	-
Total Liabilities	3.5	3.54	0.05	0.05	0.28	0.2
Common Stock	50.57	29.21	15.85	13.83	10.44	10.44
Retained Earnings	-6.85	-6.25	-4.76	-3.44	-2.7	-2.04
Comprehensive Income & Other	1.96	1.61	0.81	1.31	0.56	0.18
Shareholders' Equity	45.68	24.56	11.9	11.7	8.3	8.59
Total Liabilities & Equity	49.18	28.1	11.95	11.75	8.58	8.79
Net Cash (Debt)	23.95	4.9	0.57	0.52	0.08	2.71
Net Cash Growth	61710.79%	761.55%	8.97%	561.26%	-97.09%	12.77%
Net Cash Per Share	0.23	0.05	0.01	0.01	0.00	0.06
Filing Date Shares Outstanding	128.52	128.52	85.09	70.59	70.59	53.79
Total Common Shares Outstanding	125.57	114.24	84.06	70.59	53.79	53.79
Working Capital	23.95	5	0.61	0.56	-0.13	2.59
Book Value Per Share	0.36	0.22	0.14	0.17	0.15	0.16
Tangible Book Value	45.68	24.56	11.9	11.7	8.3	8.59
Tangible Book Value Per Share	0.36	0.22	0.14	0.17	0.15	0.16
Machinery	0.01	0	0	0	0	-

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