None
SEDAR Interim Financial Statements
VBN · Price
[
{
"companyName": "Pedro Resources Ltd.",
"reportingPeriodEnd": "2025-09-30",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
"currentAssets": {
"cash": 7274,
"cashHeldInTrustWithLawyer": 0,
"hstReceivables": 5688,
"totalCurrentAssets": 12962
},
"nonCurrentAssets": {
"mineralClaims": 1,
"totalNonCurrentAssets": 1
},
"totalAssets": 12962,
"currentLiabilities": {
"accountsPayableAndAccruedLiabilities": 856416,
"considerationPayable": 2858,
"promissoryNotePayable": 31536,
"dueToRelatedParty": 5,
"totalCurrentLiabilities": 890810
},
"nonCurrentLiabilities": {
"convertibleDebentures": 555071,
"promissoryNotePayable": 10139,
"totalNonCurrentLiabilities": 565210
},
"totalLiabilities": 1456020,
"shareholdersDeficiency": {
"shareCapital": 9818040,
"contributedSurplus": 186367,
"equityComponentOfConvertibleDebentures": 129115,
"accumulatedDeficit": -11576580,
"totalShareholdersDeficiency": -1443058
},
"derivedMetrics": {
"cashPerShare": 0.0002,
"workingCapitalPerShare": -0.0221
}
},
"incomeStatement": {
"advertisingPromotion": 0,
"consultingFees": 0,
"generalAndAdministration": 403,
"professionalFees": 71457,
"regulatoryAndTransferAgentFees": 17327,
"shareholderCommunications": 13333,
"travel": 130,
"bankCharges": 647,
"hstAuditAppeal": 0,
"lossBeforeFinanceAndOtherItems": -10067,
"financeExpenses": -28481,
"accretionExpense": -45054,
"netLossAndComprehensiveLoss": -248735,
"lossPerCommonShareBasicAndDiluted": -0.002,
"weightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted": 39810830
},
"cashFlowStatement": {
"operatingActivities": {
"netLossForThePeriod": -248734,
"accretionExpense": 45054,
"shareBasedCompensation": 0,
"financingExpense": 0,
"prepaid": 0,
"accountsPayableAndAccruedLiabilities": 30000,
"hstReceivables": -5688,
"cashHeldInTrustWithLawyer": 0,
"cashFlowUsedInOperatingActivities": -8286
},
"financingActivities": {
"advancesOfPromissoryPayables": 9067,
"proceedsFromPrivatePlacement": 0,
"advanceFromRelatedParty": 0,
"cashFlowProvidedByFinancingActivities": 9067
},
"netIncreaseDecreaseInCashForThePeriod": 781,
"cashAtBeginningOfThePeriod": 6493,
"cashAtEndOfThePeriod": 7274
},
"investmentsAndOtherAssets": [
{
"type": "Mineral Claims",
"description": "Voisey's Bay property (13 prospective mineral licenses, 721 claims, 18,025 hectares)",
"ownershipPercentage": 100,
"value": 1,
"notes": "Subject to a 2.5% net smelter returns royalty (NSR) with option to purchase 1.5% for $1,500,000. Not renewed, company is undergoing a change of business."
}
],
"shareStructure": {
"authorizedShares": "Unlimited Class A common shares",
"issuedShares": 39810830,
"classesOfShares": [
"Class A common shares"
],
"warrants": [],
"options": [
{
"number": 200000,
"exercisePrice": 0.05,
"expiryDate": "2026-08-08"
}
],
"rightsConvertibleInstruments": "Convertible debentures with conversion price of $0.05 per share"
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"nineMonthsEnded2025-09-30": {
"shortTermCompensation": 12500
},
"nineMonthsEnded2024-09-30": {
"shortTermCompensation": 32500
}
},
"namedIndividuals": [],
"otherRelatedPartyTransactions": [
{
"counterparty": "Directors and officers",
"description": "Promissory notes payable bearing 6% interest, no fixed repayment terms",
"amount": 41675,
"period": "As of September 30, 2025"
},
{
"counterparty": "Shareholder",
"description": "Convertible debenture of $725,000 (non-brokered private placement)",
"amount": 725000,
"period": "Issued December 19, 2023, maturing in 3 years, 7.2% interest"
}
]
},
"subsequentEvents": []
}
]