Fox Tungsten Balance Sheet

Financials in millions CAD. Fiscal year is February - January.

Millions CAD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Cash & Equivalents	2.07	0.27	0.09	0.03	0.28	1.62
Short-Term Investments	1.11	0.23	0	0	0.01	0.01
Cash & Short-Term Investments	3.18	0.5	0.09	0.03	0.29	1.63
Cash Growth	2945.02%	442.77%	175.70%	-88.51%	-82.07%	13.43%
Other Receivables	1.08	0.95	0.02	0.01	0.05	0.07
Receivables	1.08	0.95	0.02	0.01	0.05	0.07
Prepaid Expenses	0.13	0.03	0	0	0.02	0.02
Total Current Assets	4.39	1.48	0.11	0.04	0.36	1.72
Property, Plant & Equipment	10.85	9.35	18.24	18.51	18.35	17.46
Other Long-Term Assets	3.73	3.38	0.13	0.1	0.1	0.1
Total Assets	18.98	14.21	18.48	18.65	18.81	19.28
Accounts Payable	0.11	0.1	0.1	0.13	0	0.07
Accrued Expenses	0.02	0.02	0.08	0.15	0.03	0.03
Current Portion of Leases	-	-	-	-	0.02	0.02
Current Unearned Revenue	-	-	-	0	0.02	0.11
Total Current Liabilities	0.12	0.12	0.18	0.28	0.07	0.22
Long-Term Leases	-	-	-	-	-	0.02
Long-Term Deferred Tax Liabilities	0.13	0.13	0.91	1.11	1.18	1.04
Total Liabilities	0.25	0.25	1.09	1.39	1.25	1.28
Common Stock	28.4	24.7	24.22	23.58	23.57	23.49
Retained Earnings	-13.45	-14.38	-10.36	-9.72	-9.37	-8.53
Comprehensive Income & Other	3.77	3.64	3.52	3.4	3.36	3.05
Shareholders' Equity	18.72	13.96	17.38	17.26	17.55	18.01
Total Liabilities & Equity	18.98	14.21	18.48	18.65	18.81	19.28
Total Debt	-	-	-	-	0.02	0.03
Net Cash (Debt)	3.18	0.5	0.09	0.03	0.28	1.6
Net Cash Growth	2945.02%	442.77%	175.70%	-87.83%	-82.72%	14.91%
Net Cash Per Share	0.02	0.00	0.00	0.00	0.00	0.01
Filing Date Shares Outstanding	213.07	147.58	137.52	132.48	124.18	122.5
Total Common Shares Outstanding	213.07	147.52	137.52	124.48	124.18	122.5
Working Capital	4.27	1.36	-0.07	-0.24	0.29	1.5
Book Value Per Share	0.09	0.09	0.13	0.14	0.14	0.15
Tangible Book Value	18.72	13.96	17.38	17.26	17.55	18.01
Tangible Book Value Per Share	0.09	0.09	0.13	0.14	0.14	0.15
Machinery	-	-	-	0.04	0.04	0.04

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