None
SEDAR Interim Financial Statements
KAPA · Price
[
{
"companyName": "KAPA GOLD INC.",
"reportingPeriodEnd": "2025-09-30",
"reportStatus": "Unaudited",
"auditorName": "Davidson & Company LLP",
"auditorKeyMatters": [],
"balanceSheet": {
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"accountsPayableAndAccruedLiabilities": 235109,
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"shareCapital": 12791623,
"reserves": 573305,
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"totalShareholdersEquity": 3324225,
"totalLiabilitiesAndShareholdersEquity": 3559334,
"cashPerShare": 0.0153,
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},
"2024-12-31": {
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}
},
"incomeStatement": {
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"legalAndProfessionalFees": 12457,
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"transferAgentAndExchangeFees": 11493,
"travel": 4722,
"totalOperatingExpenses": 110636,
"foreignExchangeLoss": -3870,
"recoveryOfImpairmentOfExplorationAndEvaluationAssets": 0,
"interestIncome": 1851,
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"lossAndComprehensiveLoss": -112655,
"lossPerShareBasicAndDiluted": 0,
"weightedAverageNumberOfCommonSharesBasicAndDiluted": 77107196
},
"2024Q3": {
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"lossAndComprehensiveLoss": -108338,
"lossPerShareBasicAndDiluted": 0,
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},
"2025YTD": {
"consultingFees": 55451,
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"transferAgentAndExchangeFees": 35798,
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"interestIncome": 2790,
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"lossAndComprehensiveLoss": -354812,
"lossPerShareBasicAndDiluted": 0,
"weightedAverageNumberOfCommonSharesBasicAndDiluted": 76247644
},
"2024YTD": {
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"travel": 0,
"totalOperatingExpenses": 377859,
"foreignExchangeLoss": -3626,
"recoveryOfImpairmentOfExplorationAndEvaluationAssets": -2469,
"interestIncome": 0,
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"lossAndComprehensiveLoss": -383954,
"lossPerShareBasicAndDiluted": -0.01,
"weightedAverageNumberOfCommonSharesBasicAndDiluted": 55810744
}
},
"cashFlowStatement": {
"2025YTD": {
"lossAndComprehensiveLoss": -354812,
"depreciationExpense": 2175,
"shareBasedCompensation": 0,
"unrealizedForeignExchangeLoss": 0,
"impairmentOfExplorationAndEvaluationAssets": 0,
"gstReceivable": -8262,
"prepaidExpensesAndDeposits": 71079,
"accountsPayableAndAccruedLiabilities": -10085,
"cashUsedInOperatingActivities": -299905,
"blackhawkPropertyExpenditures": -155980,
"mastodonNickelProjectExpenditures": 0,
"cashUsedInInvestingActivities": -155980,
"cashReceivedFromExerciseOfWarrants": 750490,
"cashProvidedByFinancingActivities": 750490,
"changeInCashAndCashEquivalents": 294605,
"cashAndCashEquivalentsBeginningOfPeriod": 870545,
"cashAndCashEquivalentsEndOfPeriod": 1165150
},
"2024YTD": {
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"depreciationExpense": 2175,
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"unrealizedForeignExchangeLoss": 2537,
"impairmentOfExplorationAndEvaluationAssets": 2469,
"gstReceivable": -8861,
"prepaidExpensesAndDeposits": -34161,
"accountsPayableAndAccruedLiabilities": 59882,
"cashUsedInOperatingActivities": -330164,
"blackhawkPropertyExpenditures": -10916,
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"cashUsedInInvestingActivities": -13385,
"cashReceivedFromExerciseOfWarrants": 0,
"cashProvidedByFinancingActivities": 0,
"changeInCashAndCashEquivalents": -343549,
"cashAndCashEquivalentsBeginningOfPeriod": 527451,
"cashAndCashEquivalentsEndOfPeriod": 183902
}
},
"investmentsAndOtherAssets": [
{
"type": "Mineral Property",
"description": "Blackhawk Property",
"ownershipPercentage": 100,
"value": 2334563,
"notes": "Option agreement with MFD Investment Holdings S.A. for potential 10% interest upon meeting expenditure and drilling milestones."
},
{
"type": "Cash Equivalents",
"description": "Redeemable guaranteed investment certificates (GICs)",
"ownershipPercentage": null,
"value": 332791,
"notes": "Maturities of 1 to 8 months and interest rates of 2.25%."
}
],
"shareStructure": {
"authorizedShares": "unlimited",
"issuedShares": 79763344,
"classesOfShares": [
"common shares"
],
"warrants": [
{
"number": 19600000,
"exercisePrice": 0.1,
"expiryDate": "2027-09-30"
}
],
"options": [
{
"number": 200000,
"exercisePrice": 0.11,
"expiryDate": "2026-11-15"
},
{
"number": 2200000,
"exercisePrice": 0.25,
"expiryDate": "2027-05-19"
},
{
"number": 400000,
"exercisePrice": 0.1,
"expiryDate": "2028-07-06"
},
{
"number": 750000,
"exercisePrice": 0.1,
"expiryDate": "2029-09-24"
},
{
"number": 1200000,
"exercisePrice": 0.1,
"expiryDate": "2029-10-15"
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"2025Q3": {
"fieldCostsCapitalized": -1250,
"consultingFees": 12969,
"investorRelations": 7536,
"managementFees": 45375,
"shareBasedCompensation": 0
},
"2025YTD": {
"fieldCostsCapitalized": 34683,
"consultingFees": 54224,
"investorRelations": 19536,
"managementFees": 141045,
"shareBasedCompensation": 0
},
"2024Q3": {
"consultingFees": 9939,
"investorRelations": 6000,
"managementFees": 45375,
"shareBasedCompensation": 24592
},
"2024YTD": {
"consultingFees": 37315,
"investorRelations": 18000,
"managementFees": 154063,
"shareBasedCompensation": 27997
}
},
"namedIndividuals": [],
"otherRelatedPartyTransactions": [
{
"counterparty": "Officers, directors, and companies controlled by directors and officers",
"description": "Accounts payable and accrued liabilities",
"amount": 75381,
"period": "2025-09-30"
}
]
},
"subsequentEvents": []
}
]
More from KAPA Gold Inc.
Jul 03, 2026 · 16:23