None
SEDAR Interim Financial Statements
RTE · Price
[
{
"companyName": "ROUTE 109 RESOURCES INC. (formerly BMEX Gold Inc.)",
"reportingPeriodEnd": "2025-05-31",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
"cash": 39571,
"gstReceivable": 53773,
"prepaidExpenses": 6738,
"totalCurrentAssets": 100082,
"explorationAndEvaluationAssets": 15549614,
"totalAssets": 15649696,
"accountsPayableAndAccruedLiabilities": 265084,
"loans": 191497,
"totalCurrentLiabilities": 456581,
"totalLiabilities": 456581,
"shareCapital": 18507756,
"shareBasedPaymentReserve": 1356282,
"contributedSurplus": 386797,
"accumulatedDeficit": -5057720,
"totalShareholdersEquity": 15193115,
"totalLiabilitiesAndShareholdersEquity": 15649696,
"cashPerShare": 0.0024,
"workingCapitalPerShare": -0.0213
},
"incomeStatement": {
"accretionExpense": 19007,
"amortizationOfEquipment": 0,
"consulting": 0,
"directorsFees": 0,
"executiveCompensation": 85500,
"officeAndGeneral": 14269,
"professionalFees": 28321,
"transferAgentAndRegulatoryFees": 45207,
"totalExpenses": -192304,
"otherIncomeFlowThroughPremiumRecovery": 0,
"otherIncome": 0,
"lossOnForeignExchange": -13,
"totalOtherIncomeAndExpenses": -13,
"lossAndComprehensiveLossForThePeriod": -192317,
"basicAndDilutedLossPerCommonShare": -0.01,
"weightedAverageNumberOfCommonSharesOutstanding": 16703977
},
"cashFlowStatement": {
"netLossForThePeriod": -192317,
"itemsNotInvolvingCash": {
"accretionExpense": 19007,
"amortizationOfEquipment": 0,
"restrictedShareUnitsIssuedForDirectorsFees": 0,
"otherIncomeFlowThroughPremiumRecovery": 0,
"otherIncome": 0
},
"changesInNonCashOperatingWorkingCapital": {
"gstReceivable": -48681,
"prepaidExpenses": -4282,
"accountsPayableAndAccruedLiabilities": -61765
},
"netCashUsedInOperatingActivities": -288038,
"explorationAndEvaluationAssets": -910795,
"netCashUsedInInvestingActivities": -910795,
"cashReceivedFromPrivatePlacements": 0,
"shareIssuanceCosts": 0,
"netCashProvidedByFinancingActivities": 0,
"changeInCashDuringThePeriod": -1198833,
"cashBeginningOfPeriod": 1238404,
"cashEndOfPeriod": 39571,
"cashPaidForInterest": 0,
"cashPaidForIncomeTaxes": 0
},
"investmentsAndOtherAssets": [
{
"type": "Mineral Property",
"description": "King Tut Property, Ligneris and Celoron Townships, Quebec - 100% ownership. 2% NSR royalty retained by vendor.",
"ownershipPercentage": 100,
"value": 3108752,
"notes": "Acquisition cost: $636,000. Exploration and evaluation costs: $2,472,752."
},
{
"type": "Mineral Property",
"description": "Dunlop Bay Property, Matagami, Quebec - 100% ownership. 2% NSR royalty retained by vendors.",
"ownershipPercentage": 100,
"value": 12440862,
"notes": "Acquisition cost: $9,172,250. Exploration and evaluation costs: $3,268,612."
}
],
"shareStructure": {
"authorizedShares": "unlimited common shares and unlimited preferred shares",
"issuedShares": 16759889,
"classesOfShares": [
"Common shares",
"Preferred shares"
],
"warrants": [
{
"number": 300000,
"exercisePrice": 0.5,
"expiryDate": "2025-12-29"
},
{
"number": 281250,
"exercisePrice": 0.5,
"expiryDate": "2026-01-25"
},
{
"number": 8008296,
"exercisePrice": 0.2,
"expiryDate": "2026-08-02"
}
],
"options": [
{
"number": 20000,
"exercisePrice": 2.6,
"expiryDate": "2026-06-04"
},
{
"number": 20000,
"exercisePrice": 1.9,
"expiryDate": "2026-08-03"
},
{
"number": 45000,
"exercisePrice": 1.5,
"expiryDate": "2026-12-16"
},
{
"number": 115000,
"exercisePrice": 0.55,
"expiryDate": "2027-12-15"
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"threeMonthsEndedMay312025": {
"executiveCompensation": 22500,
"directorsFees": 0,
"total": 22500
},
"threeMonthsEndedMay312024": {
"executiveCompensation": 36000,
"directorsFees": 0,
"total": 36000
},
"nineMonthsEndedMay312025": {
"executiveCompensation": 85500,
"directorsFees": 0,
"total": 85500
},
"nineMonthsEndedMay312024": {
"executiveCompensation": 108000,
"directorsFees": 34501,
"total": 142501
}
},
"namedIndividuals": [
{
"name": "CEO",
"title": "Chief Executive Officer",
"period": "Nine months ended May 31, 2025",
"components": {
"salary": 48000,
"bonus": null,
"total": 48000
}
},
{
"name": "CFO",
"title": "Chief Financial Officer",
"period": "Nine months ended May 31, 2025",
"components": {
"salary": 37500,
"bonus": null,
"total": 37500
}
}
],
"otherRelatedPartyTransactions": [
{
"counterparty": "Directors and Officers",
"description": "Loans payable - non-interest bearing, due May 31, 2026",
"amount": 113813,
"period": "As at May 31, 2025"
},
{
"counterparty": "Directors, Officers, and former directors and officers",
"description": "Accounts payable",
"amount": 38850,
"period": "As at May 31, 2025"
}
]
},
"subsequentEvents": []
}
]
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Jun 11, 2026 · 17:01