SEDAR Interim Financial Statements

[
  {
    "companyName": "Melkior Resources Inc.",
    "reportingPeriodEnd": "2025-11-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 1918182,
      "salesTaxReceivable": 44005,
      "prepaidExpenses": 95031,
      "totalCurrentAssets": 2057218,
      "accountsPayableAndAccruedLiabilities": 141106,
      "flowThroughShareLiability": 94443,
      "totalCurrentLiabilities": 235549,
      "shareCapital": 51968855,
      "reserves": 5943798,
      "deficit": -56090984,
      "totalShareholdersEquity": 1821669,
      "totalLiabilitiesAndShareholdersEquity": 2057218,
      "derivedMetrics": {
        "cashPerShare": 0.0412,
        "workingCapitalPerShare": 0.0391
      }
    },
    "incomeStatement": {
      "consultingAndManagementFees": 4062,
      "explorationAndEvaluationExpenditures": 93192,
      "generalAndAdministrative": 8733,
      "marketing": 24375,
      "professionalFees": 156575,
      "regulatoryFees": 5895,
      "netLossFromOperations": -292832,
      "interestIncome": 16000,
      "reversalOfFlowThroughShareLiability": 10036,
      "netLossAndComprehensiveLoss": -266796,
      "basicAndDilutedNetLossPerShare": -0.01,
      "weightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted": 46600210
    },
    "cashFlowStatement": {
      "netLossForThePeriod": -266796,
      "reversalOfFlowThroughShareLiability": -10036,
      "salesTaxReceivable": 20748,
      "prepaidExpenses": 64144,
      "amountsPayableAndAccruedLiabilities": 15121,
      "netCashUsedInOperatingActivities": -176819,
      "netChangeInCash": -176819,
      "cashBeginningOfPeriod": 2095001,
      "cashEndOfPeriod": 1918182,
      "interestIncomeFromCash": 16000,
      "taxesPaidInCash": 0
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Mineral Property",
        "description": "Urban (Quebec)",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Acquired through map staking, no NSR."
      },
      {
        "type": "Mineral Property",
        "description": "Launay (Quebec)",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Subject to 1.5% NSR, half may be purchased for $750,000."
      },
      {
        "type": "Mineral Property",
        "description": "Val d'Or (Quebec)",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Acquired by direct staking."
      },
      {
        "type": "Mineral Property",
        "description": "Beschefer East (Quebec)",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Option agreement to acquire 100%, subject to NSR of up to 2.5%."
      },
      {
        "type": "Mineral Property",
        "description": "Carscallen (Ontario)",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Subject to various NSR agreements, some with buyback options."
      },
      {
        "type": "Mineral Property",
        "description": "Hemlo (Ontario)",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Subject to 3% NSR, one-third may be purchased for $1,000,000."
      },
      {
        "type": "Mineral Property",
        "description": "Genex (Ontario)",
        "ownershipPercentage": 50,
        "value": null,
        "notes": "Option agreement to acquire 100%, currently in arbitration."
      }
    ],
    "shareStructure": {
      "authorizedShares": "unlimited common shares and unlimited preferred shares",
      "issuedShares": 46600210,
      "classesOfShares": ["common", "preferred"],
      "warrants": [
        {
          "number": 1457375,
          "exercisePrice": 0.25,
          "expiryDate": "2025-12-22"
        },
        {
          "number": 2087996,
          "exercisePrice": 0.22,
          "expiryDate": "2027-06-12"
        }
      ],
      "options": [
        {
          "number": 900000,
          "exercisePrice": 0.7,
          "expiryDate": "2026-02-22"
        },
        {
          "number": 450000,
          "exercisePrice": 0.35,
          "expiryDate": "2027-01-25"
        },
        {
          "number": 1200000,
          "exercisePrice": 0.08,
          "expiryDate": "2030-02-05"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "2025-11-30": {
          "consultingAndManagementFees": 18750,
          "professionalFees": 9535,
          "regulatoryFees": 5895,
          "total": 34180
        },
        "2024-11-30": {
          "consultingAndManagementFees": 18750,
          "professionalFees": 9980,
          "regulatoryFees": 6080,
          "total": 34810
        }
      },
      "namedIndividuals": [
        {
          "name": "CEO (via Silverwater Capital Corp.)",
          "title": "CEO",
          "period": "2025-11-30",
          "components": {
            "salary": null,
            "bonus": null,
            "total": 18750
          }
        }
      ],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Marrelli Group",
          "description": "Professional fees and regulatory fees for CFO services, bookkeeping, regulatory filings, corporate secretarial, and transfer agent services.",
          "amount": 15430,
          "period": "2025-11-30"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": null,
        "description": "1,457,375 warrants and 140,000 finders' warrants expired unexercised.",
        "impactValue": null
      },
      {
        "eventDate": "2026-01-06",
        "description": "BCSC issued a failure-to-file cease trade order (FFCTO) related to the outstanding filing of its August 31, 2025 audited financial statements and accompanying management’s discussion and analysis and related CEO and CFO certificates.",
        "impactValue": null
      },
      {
        "eventDate": "2026-01-08",
        "description": "The FFCTO was revoked by BCSC.",
        "impactValue": null
      }
    ]
  }
]