Defiance Silver Balance Sheet

Financials in millions CAD. Fiscal year is July - June.

Millions CAD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	10.2	14.75	0.27	4.56	11.78	20.83
Cash & Short-Term Investments	10.2	14.75	0.27	4.56	11.78	20.83
Cash Growth	8569.88%	5448.67%	-94.18%	-61.27%	-43.44%	3560.91%
Other Receivables	0.13	0.06	0.05	0	0.03	0.07
Receivables	0.13	0.21	0.05	0	0.03	0.07
Prepaid Expenses	-	-	-	0.03	0.03	0.02
Restricted Cash	-	-	-	0.39	0.39	0.39
Other Current Assets	0.18	0.06	0.03	0.1	0.14	0.26
Total Current Assets	10.5	15.02	0.35	5.08	12.36	21.56
Property, Plant & Equipment	48.18	43.44	38.22	33.42	27.02	20.02
Other Long-Term Assets	4.25	3.83	3.7	3.42	2.18	1.45
Total Assets	62.93	62.29	42.27	41.93	41.56	43.04
Accounts Payable	1.07	0.79	0.76	1.14	1.31	1.01
Accrued Expenses	0.09	0.06	0.07	0.15	0.1	0.26
Total Current Liabilities	1.15	0.85	0.83	1.29	1.41	1.27
Long-Term Deferred Tax Liabilities	0.04	0.04	0.04	0.04	0.04	0.04
Total Liabilities	1.19	0.88	0.87	1.33	1.44	1.31
Common Stock	78.91	77.5	56.82	54.27	52.15	51.43
Retained Earnings	-26.46	-25.12	-22.2	-19.85	-17.36	-13.51
Comprehensive Income & Other	9.29	9.04	6.79	6.18	5.34	3.81
Shareholders' Equity	61.74	61.41	41.41	40.6	40.12	41.73
Total Liabilities & Equity	62.93	62.29	42.27	41.93	41.56	43.04
Net Cash (Debt)	10.2	14.75	0.27	4.56	11.78	20.83
Net Cash Growth	8569.88%	5448.67%	-94.18%	-61.27%	-43.44%	-
Net Cash Per Share	0.03	0.05	0.00	0.02	0.05	0.11
Filing Date Shares Outstanding	368.64	364.02	274.05	229.36	227.75	220.23
Total Common Shares Outstanding	364.05	358.49	256.14	229	221.72	220.03
Working Capital	9.35	14.17	-0.48	3.79	10.96	20.29
Book Value Per Share	0.17	0.17	0.16	0.18	0.18	0.19
Tangible Book Value	61.74	61.41	41.41	40.6	40.12	41.73
Tangible Book Value Per Share	0.17	0.17	0.16	0.18	0.18	0.19
Land	-	0.06	0.06	0.06	0.06	-
Buildings	-	0.04	0.04	0.04	0.04	-
Machinery	-	0.27	0.27	0.27	0.22	0.12

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