Strategic Metals 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	2.08	1.98	3.38	7.27	8.53	16.24
Short-Term Investments	4.68	2.84	3.81	5.35	8.02	10.19
Cash & Short-Term Investments	6.75	4.83	7.19	12.62	16.55	26.44
Cash Growth	51.97%	-32.86%	-43.00%	-23.77%	-37.39%	37.54%
Accounts Receivable	0.09	0.6	0.15	0.29	0.32	0.41
Total Trade Receivables	0.09	0.6	0.15	0.29	0.32	0.41
Total Current Assets	6.84	5.43	7.34	12.91	16.88	26.85
Net Property, Plant & Equipment	79.94	79.27	79.41	76.67	72.07	65.41
Long-Term Investments	8.73	5.96	6.27	6.41	5	4.65
Other Long-Term Assets	0.14	0.18	0.22	0.19	0.13	0.12
Total Assets	95.65	90.84	93.24	96.19	94.08	97.02
Accounts Payable	0.05	0.18	0.23	0.64	0.26	0.33
Accrued Expenses	0.14	0.13	0.15	0.24	0.3	0.23
Short-Term Debt	-	-	0.06	-	-	-
Other Current Liabilities	-	-	-	0.35	0.1	1.82
Total Current Liabilities	0.19	0.31	0.44	1.23	0.65	2.37
Long-Term Debt	-	-	-	0.06	0.06	0.04
Other Long-Term Liabilities	5.74	5.12	5.75	6.11	6.33	5.24
Total Long-Term Liabilities	5.74	5.12	5.75	6.17	6.39	5.28
Total Liabilities	5.94	5.43	6.19	7.4	7.04	7.65
Common Stock	55.87	55.87	55.87	55.87	54.9	54.44
Additional Paid-in Capital	2.71	2.72	3.01	2.66	2.9	2.84
Retained Earnings	-12.1	-15.96	-12.63	-9.95	-4.53	0.57
Total Common Shareholders' Equity	46.49	42.63	46.25	48.58	53.27	57.85
Minority Interest	43.23	42.78	40.79	40.21	33.77	31.52
Shareholders' Equity	89.72	85.42	87.05	88.79	87.04	89.37
Total Liabilities & Equity	95.65	90.84	93.24	96.19	94.08	97.02
Total Debt	-	0	0.06	0.06	0.06	0.04
Net Cash (Debt)	6.75	4.83	7.13	12.56	16.49	26.4
Net Cash Growth	39.84%	-32.30%	-43.20%	-23.86%	-37.52%	37.87%
Net Cash Per Share	0.06	0.04	0.06	0.11	0.15	0.26
Book Value	46.49	42.63	46.25	48.58	53.27	57.85
Book Value Per Share	0.42	0.38	0.42	0.44	0.50	0.56
Tangible Book Value	46.49	42.63	46.25	48.58	53.27	57.85
Tangible Book Value Per Share	0.42	0.38	0.42	0.44	0.50	0.56

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.