Q2 Metals Balance Sheet

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

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Cash & Equivalents	22.39	12.39	5.87	12.01	0.95	0.95
Cash & Short-Term Investments	22.39	12.39	5.87	12.01	0.95	0.95
Cash Growth	240.71%	110.94%	-51.12%	1169.10%	-	9083.92%
Other Receivables	0.89	0.27	0.72	0.09	0.07	0.07
Total Trade Receivables	0.89	0.27	0.72	0.09	0.07	0.07
Other Current Assets	0.38	0.54	0.17	0.04	0.2	0.2
Total Current Assets	23.65	13.19	6.77	12.14	1.22	1.22
Other Long-Term Assets	62.9	35.72	22.09	7.22	3.57	3.57
Total Assets	86.55	48.91	28.86	19.36	4.78	4.78
Accounts Payable	3.47	1.77	2.08	0.31	0.17	0.17
Short-Term Debt	-	-	-	0.03	0.03	0.03
Other Current Liabilities	1.92	0.09	-	1.56	-	-
Total Current Liabilities	5.39	1.86	2.08	1.9	0.2	0.2
Other Long-Term Liabilities	0.27	0.27	-	-	-	-
Total Long-Term Liabilities	0.27	0.27	-	-	-	-
Total Liabilities	5.66	2.12	2.08	1.9	0.2	0.2
Common Stock	87.9	55.42	34.72	26.2	12.78	12.78
Additional Paid-in Capital	10.59	8.27	3.51	2.52	1.18	1.18
Shareholders' Equity	98.49	63.69	38.24	28.72	13.96	13.96
Total Liabilities & Equity	104.15	65.82	40.32	30.62	14.16	14.16
Total Debt	-	0	0	0.03	0.03	0.03
Net Cash (Debt)	22.39	12.39	5.87	11.98	0.92	0.92
Net Cash Growth	80.75%	110.94%	-51.00%	1204.95%	-	300967.87%
Net Cash Per Share	0.14	0.10	0.07	0.27	0.07	0.07
Book Value	98.49	63.69	38.24	28.72	13.96	13.96
Book Value Per Share	0.60	0.54	0.46	0.64	1.03	1.03
Tangible Book Value	98.49	63.69	38.24	28.72	13.96	13.96
Tangible Book Value Per Share	0.60	0.54	0.46	0.64	1.03	1.03