The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Loss for the year | -8,861,799 |
| Accretion expense | 8,373 |
| Depreciation expense | 441,359 |
| Share-based payments | 315,212 |
| Loss on derivative warrant liability revaluation | 2,381,301 |
| Unrealized foreign exchange loss | -119,699 |
| Interest accrued on promissory note | 257,964 |
| Total adjustment for non-cash items | -5,337,891 |
| Gst receivable | 19,044 |
| Prepaids and deposits | 99,735 |
| Accounts payable and accrued liabilities | 228,189 |
| Due to related parties | 619,983 |
| Net cash used in operating activities | -4,608,498 |
| Mineral properties acquisition costs | 209,435 |
| Net cash used in investing activities | -209,435 |
| Issuance of subordinate voting shares, net | 11,625,657 |
| Exercise of stock options | 420,783 |
| Exercise of warrants | 760,479 |
| Issuance of promissory notes, net | 1,179,983 |
| Repayment of promissory note | 962,931 |
| Net cash provided by financing activities | 13,023,971 |
| Effect of exchange rate changes on cash | -1,407 |
| Net change in cash for the year | 8,204,631 |
| Cash and cash equivalents, beginning of year | 849,572 |
| Cash and cash equivalents, end of year | 9,054,203 |
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