SEDAR Interim Financial Statements

[
  {
    "companyName": "Kootenay Resources Inc.",
    "reportingPeriodEnd": "2025-09-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 51322,
      "receivablesAndAdvances": 95532,
      "prepaidExpenses": 412,
      "totalCurrentAssets": 147266,
      "fixedAssets": 5125,
      "explorationAdvancesAndReclamationDeposits": 76150,
      "explorationAndEvaluationAssets": 4488109,
      "totalAssets": 4716650,
      "accountsPayableAndAccruedLiabilities": 274704,
      "totalCurrentLiabilities": 274704,
      "deferredTaxLiability": 64888,
      "totalLiabilities": 339592,
      "shareCapital": 5059510,
      "reserves": 86082,
      "deficit": -768534,
      "totalShareholdersEquity": 4377058,
      "totalLiabilitiesAndShareholdersEquity": 4716650,
      "cashPerShare": 0.0013,
      "workingCapitalPerShare": -0.0033
    },
    "incomeStatement": {
      "depreciation": 496,
      "officeAndGeneral": 16176,
      "professionalFees": null,
      "rent": 11434,
      "regulatoryAndFilingFees": 1421,
      "lossBeforeExplorationAndOtherItems": 29527,
      "mineralPropertyInvestigation": 17391,
      "otherIncome": -4143,
      "lossAndComprehensiveLossForThePeriod": 42775,
      "basicAndDilutedLossPerShare": -0.001,
      "weightedAverageNumberOfSharesOutstandingBasicAndDiluted": 38240325
    },
    "cashFlowStatement": {
      "lossForThePeriod": -42775,
      "depreciation": 496,
      "changeInReceivableAndAdvances": 4015,
      "changeInPrepaidExpenses": 206,
      "changeInAccountsPayableAndAccruedLiabilities": 24813,
      "cashFlowsFromOperatingActivities": -13245,
      "netProceedsFromPrivatePlacement": 62900,
      "cashFlowsFromFinancingActivities": 62900,
      "receiptOfMineralPropertyPayment": null,
      "explorationAdvance": null,
      "investmentInExplorationAndEvaluationAssets": -13441,
      "cashFlowsFromInvestancingActivities": -13441,
      "netChangeInCashAndCashEquivalentsDuringThePeriod": 36214,
      "cashAndCashEquivalentsBeginningOfPeriod": 15108,
      "cashAndCashEquivalentsEndOfPeriod": 51322
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Mineral Property",
        "description": "Copley Property – 30% retained interest after Centerra option termination",
        "ownershipPercentage": 30,
        "value": 201634,
        "notes": "Option agreement terminated during the nine months ended September 30, 2025."
      },
      {
        "type": "Mineral Property",
        "description": "Silver Fox – 100% interest",
        "ownershipPercentage": 100,
        "value": 673844,
        "notes": "Subject to a 2.0% net smelter returns royalty in favour of the Kennedy Group."
      },
      {
        "type": "Mineral Property",
        "description": "Two Times Fred Properties – 100% interest",
        "ownershipPercentage": 100,
        "value": 321360,
        "notes": "Subject to a 2% NSR that can be purchased by the Company for $500,000 per each one-half (0.5%) percentile."
      },
      {
        "type": "Mineral Property",
        "description": "Fox Property – 100% interest, subject to LOI with Rokmaster Resources Corp.",
        "ownershipPercentage": 100,
        "value": 942284,
        "notes": "Letter of intent outlines terms for Rokmaster to earn a 60% interest. Existing underlying 2% NSR."
      },
      {
        "type": "Mineral Property",
        "description": "Meachen Bend Project – 100% interest",
        "ownershipPercentage": 100,
        "value": 216853,
        "notes": "Subject to underlying 1.5% net smelter returns royalty, 0.5% can be purchased for $500,000."
      },
      {
        "type": "Mineral Property",
        "description": "Moyie Anticline Project – 100% interest",
        "ownershipPercentage": 100,
        "value": 1588963,
        "notes": "Subject to underlying 2% NSR, 1.5% can be purchased for $3,000,000."
      },
      {
        "type": "Mineral Property",
        "description": "Walter the Water Buffalo Property – 30% retained interest after Centerra option",
        "ownershipPercentage": 30,
        "value": 530161,
        "notes": "Centerra has option to earn 70% interest. Company received cash payments of $5,000, $10,000, and $10,000."
      }
    ],
    "shareStructure": {
      "authorizedShares": "unlimited",
      "issuedShares": 38857820,
      "classesOfShares": [
        "common shares",
        "preferred shares"
      ],
      "warrants": [
        {
          "number": 1412500,
          "exercisePrice": 0.15,
          "expiryDate": "2025-10-26"
        },
        {
          "number": 216097,
          "exercisePrice": 0.15,
          "expiryDate": "2027-03-30"
        },
        {
          "number": 96043,
          "exercisePrice": 0.10,
          "expiryDate": "2027-03-30"
        }
      ],
      "options": [],
      "rightsOrConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "nineMonthsEndedSeptember302025": 0,
        "nineMonthsEndedSeptember302024": 0
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2025-10-06",
        "description": "Closed non-brokered private placement offering for aggregate gross proceeds of $247,450 consisting of NFT Units and FT Units. Proceeds to be used for development of Moyie Anticline Project, other resource properties and general working capital.",
        "impactValue": 247450
      }
    ]
  }
]