| Income Statement | 2025-07-31 | 2025-04-30 | 2024-07-31 | |
|---|---|---|---|---|
| Exploration and property holding costs | 107,582 | 38,933 | - | |
| Depreciation and concessions impairment (notes 9 and 10) | 65,780 | 2,302 | 2,292 | |
| Exploration and property holding costs note4 | - | - | 119,271 | |
| Funding agreement reimbursement (contra expense) (note 5) | -31,187 | -31,350 | -35,336 | |
| Total exploration and property holding costs | 142,175 | 9,885 | 86,227 | |
| Personnel | 60,298 | 65,454 | -17,915 | |
| Office and administrative | 55,682 | 64,347 | 63,718 | |
| Recovery of provision for uncollectible value added taxes | - | - | -6,352 | |
| Professional services | 15,514 | 20,933 | 20,549 | |
| Directors fees | 24,021 | 24,146 | 28,997 | |
| Provision for (recovery of) uncollectible value-added taxes (note 8) | 1,212 | 2,275 | - | |
| Funding agreement reimbursement (contra expense) (note 5) | -140,331 | -165,348 | -134,795 | |
| Total general and administrative expenses (recovery) | 16,396 | 11,807 | -45,798 | |
| Loss from operations | -158,571 | -21,692 | -40,429 | |
| Interest income | 3,426 | 3,378 | 20,995 | |
| Foreign currency transaction (loss) gain | -12,032 | -15,200 | 2,787 | |
| Change in fair value of warrants derivative liability (note 13) | 240,533 | 36,753 | -37,356 | |
| Total other (expenses) income | -249,139 | -48,575 | 61,138 | |
| (loss) income before income taxes | -407,710 | -70,267 | 20,709 | |
| Income tax recovery (expense) | -2,513 | - | -425 | |
| Net and comprehensive (loss) income | -405,197 | -70,267 | 21,134 | |
| Basic net loss per common share (note 6) (in dollars per share) | -0.01 | 0 | 0 | |
| Basic weighted average number of common shares (notes 6, 13 and 14) (in shares) | 47,512,880 | 47,376,039 | 47,365,652 | |
| Diluted net loss per common share (note 6) (in dollars per share) | -0.01 | 0 | 0 | |
| Diluted weighted average number of common shares (notes 6, 13 and 14) (in shares) | 47,512,880 | 47,376,039 | 47,365,652 | |
SILVER BULL RESOURCES, INC. (SVBL)
SILVER BULL RESOURCES, INC. (SVBL)