Namibia Critical Metals Balance Sheet

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Cash & Equivalents	1.77	1.12	1.25	1.24	1.04	1.16
Short-Term Investments	0.04	0.05	0.02	0.01	0.07	0.05
Cash & Short-Term Investments	1.81	1.17	1.28	1.25	1.1	1.21
Cash Growth	29.39%	-7.98%	2.15%	13.23%	-9.01%	96.09%
Other Receivables	0.18	0.09	0.08	0.26	0.61	0.4
Receivables	0.18	0.09	0.08	0.26	0.61	0.4
Other Current Assets	0.01	0.01	0.01	0.01	0.01	0.01
Total Current Assets	2	1.28	1.37	1.52	1.72	1.62
Property, Plant & Equipment	23.91	23.91	24.07	24.18	25.77	26.07
Other Long-Term Assets	-	-	-	-	0.12	0.25
Total Assets	25.91	25.19	25.44	25.7	27.6	27.95
Accounts Payable	0.54	0.24	0.31	0.56	0.38	0.43
Current Unearned Revenue	0.19	0.19	0.56	0.89	0.85	0.84
Other Current Liabilities	0.03	0.03	0.03	0.03	0.02	0.89
Total Current Liabilities	0.76	0.46	0.9	1.47	1.25	2.16
Long-Term Debt	-	-	-	0.04	0.04	0.03
Total Liabilities	0.76	0.46	0.9	1.51	1.29	2.19
Common Stock	49.21	48.64	48.06	47.12	47.12	46.38
Additional Paid-In Capital	7.87	7.87	6.94	6.89	5.97	5.79
Retained Earnings	-33.18	-33.01	-32.21	-31.64	-29.36	-28.73
Comprehensive Income & Other	1.44	1.44	2.04	2.08	2.76	2.47
Total Common Equity	25.35	24.93	24.82	24.46	26.5	25.92
Minority Interest	-0.2	-0.2	-0.28	-0.27	-0.18	-0.16
Shareholders' Equity	25.14	24.73	24.54	24.19	26.32	25.75
Total Liabilities & Equity	25.91	25.19	25.44	25.7	27.6	27.95
Total Debt	-	-	-	0.04	0.04	0.03
Net Cash (Debt)	1.81	1.17	1.28	1.21	1.06	1.18
Net Cash Growth	29.39%	-7.98%	5.53%	13.65%	-9.68%	97.98%
Net Cash Per Share	0.01	0.01	0.01	0.01	0.01	0.01
Filing Date Shares Outstanding	233.59	232.59	217.82	204.97	196.63	192.73
Total Common Shares Outstanding	232.59	226.8	217.82	196.63	196.63	192.73
Working Capital	1.23	0.82	0.47	0.05	0.47	-0.54
Book Value Per Share	0.11	0.11	0.11	0.12	0.13	0.13
Tangible Book Value	25.35	24.93	24.82	24.46	26.5	25.92
Tangible Book Value Per Share	0.11	0.11	0.11	0.12	0.13	0.13
Machinery	-	-	0.01	0.02	0.05	0.22

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