Lavras Gold Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	7.55	1.65	11.05	4.79	1	0.33
Cash & Short-Term Investments	7.55	1.65	11.05	4.79	1	0.33
Cash Growth	79.74%	-85.08%	130.54%	381.36%	197.64%	183.74%
Other Receivables	0.01	0.03	0.03	0.03	-	-
Receivables	0.01	0.03	0.03	0.03	-	-
Prepaid Expenses	0.24	0.09	0.07	0.05	0.03	0.01
Total Current Assets	7.8	1.77	11.15	4.87	1.02	0.35
Property, Plant & Equipment	30.49	24.15	16.25	10.98	19.94	17.22
Other Intangible Assets	-	0.02	0.12	0.04	-	-
Other Long-Term Assets	-	-	-	-	0.01	0.01
Total Assets	38.29	25.94	27.53	15.89	20.98	17.58
Accounts Payable	1.42	1.1	0.57	0.49	0.09	0.11
Accrued Expenses	-	0.01	-	0.09	-	-
Current Portion of Leases	0.02	0.06	0.05	0.06	-	-
Total Current Liabilities	1.44	1.17	0.62	0.64	0.09	0.11
Long-Term Leases	0.12	0.1	0.15	0.25	-	-
Total Liabilities	1.55	1.27	0.77	0.89	0.09	0.11
Common Stock	44.06	29.89	29.88	16.44	21.7	18.07
Additional Paid-In Capital	3.6	2.42	0.84	0.49	-	-
Retained Earnings	-10.92	-7.64	-3.97	-1.93	-0.81	-0.61
Shareholders' Equity	36.74	24.67	26.75	15	20.89	17.47
Total Liabilities & Equity	38.29	25.94	27.53	15.89	20.98	17.58
Total Debt	0.13	0.16	0.2	0.31	-	-
Net Cash (Debt)	7.42	1.49	10.85	4.48	1	0.33
Net Cash Growth	83.15%	-86.30%	141.97%	350.17%	197.64%	183.74%
Net Cash Per Share	0.13	0.03	0.25	0.14	0.02	-
Filing Date Shares Outstanding	58.42	51.36	51.35	41.1	41.13	-
Total Common Shares Outstanding	58.41	51.36	51.35	41.1	41.13	-
Working Capital	6.36	0.6	10.53	4.23	0.93	0.24
Book Value Per Share	0.63	0.48	0.52	0.36	0.51	-
Tangible Book Value	36.74	24.65	26.63	14.96	20.89	17.47
Tangible Book Value Per Share	0.63	0.48	0.52	0.36	0.51	-
Machinery	0.14	0.13	0.09	0.04	-	-
Leasehold Improvements	0.03	0.03	0.03	0.03	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.