None
SEDAR Interim Financial Statements
OCG · Price
[
{
"companyName": "OUTCROP SILVER & GOLD CORPORATION",
"reportingPeriodEnd": "2026-02-28",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
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"marketableSecurities": 5041733,
"receivables": 94011,
"advancesAndPrepaidExpenses": 420537,
"assetsHeldForSale": 0,
"totalCurrentAssets": 28133907,
"equipment": 488270,
"investmentInAssociate": 10000,
"reclamationBond": 0,
"mineralProperties": 9857537,
"totalNonCurrentAssets": 10355807,
"totalAssets": 38489714,
"accountsPayableAndAccruedLiabilities": 1629507,
"totalLiabilities": 1629507,
"shareCapital": 124036142,
"shareSubscriptionsReceivable": -59400,
"reserves": 34791358,
"accumulatedOtherComprehensiveLoss": -91898,
"deficit": -121815995,
"totalShareholdersEquity": 36860207,
"totalLiabilitiesAndShareholdersEquity": 38489714,
"cashPerShare": 0.0496,
"workingCapitalPerShare": 0.0582
},
"incomeStatement": {
"exploration": 7035458,
"foreignExchange": 713741,
"generalAndAdministrative": 1962910,
"investorRelations": 741714,
"professionalFees": 339392,
"stockBasedCompensation": 250435,
"wagesAndBenefits": 857390,
"totalExpenses": 11901040,
"interestIncome": 263282,
"unrealizedGainOnMarketableSecurities": 2721492,
"lossForPeriod": -8916266,
"foreignCurrencyTranslationDifferences": -52589,
"comprehensiveLossForPeriod": -8968855,
"basicAndDilutedLossPerShare": -0.02,
"weightedAverageSharesOutstanding": 455316747
},
"cashFlowStatement": {
"netLoss": -8916266,
"depreciation": 13536,
"stockBasedCompensation": 250435,
"interestExpense": 0,
"unrealizedGainOnMarketableSecurities": -2721492,
"unrealizedForeignExchange": -43931,
"changesInReceivables": -40271,
"changesInAdvancesAndPrepaidExpenses": 447176,
"changesInAccountsPayableAndAccruedLiabilities": 472881,
"netCashOutflowsFromOperatingActivities": -10537932,
"explorationAndEvaluationAssets": 0,
"equipmentAcquisitions": -413236,
"netCashOutflowsFromInvestingActivities": -413236,
"sharesIssued": 30222486,
"shareIssueCosts": -1860083,
"repaymentOfLeaseLiability": 0,
"netCashInflowsFromFinancingActivities": 28362403,
"effectOfForeignExchangeOnCash": 59075,
"changeInCashDuringPeriod": 17470310,
"cashBeginningOfPeriod": 5107316,
"cashEndOfPeriod": 22577626
},
"investmentsAndOtherAssets": [
{
"type": "Marketable Securities",
"description": "Shares of Silver Mines Limited",
"ownershipPercentage": null,
"value": 5041733,
"notes": "20,090,000 common shares received as earn-in payment for Kramer Hills property. Subject to escrow until July 1, 2026."
},
{
"type": "Investment in Associate",
"description": "Shares of Bullfrog Gold Corporation",
"ownershipPercentage": null,
"value": 10000,
"notes": "10,000,000 shares received in exchange for Zacapa Gold BC subsidiary and South Bullfrog property."
},
{
"type": "Mineral Properties",
"description": "Mineral properties in Colombia and USA",
"ownershipPercentage": 100,
"value": 9857537,
"notes": "Includes Argelia, Mallama, Oribella, Santa Ana, Pearl, and Kramer Hills projects. Subject to various royalty agreements and option terms."
}
],
"shareStructure": {
"authorizedShares": "unlimited",
"issuedShares": 483598209,
"classesOfShares": ["common shares"],
"warrants": [
{
"number": 3448573,
"exercisePrice": 0.3,
"expiryDate": "2026-07-07"
},
{
"number": 3902700,
"exercisePrice": 0.22,
"expiryDate": "2026-03-14"
},
{
"number": 11363636,
"exercisePrice": 0.3,
"expiryDate": "2026-10-02"
},
{
"number": 15676136,
"exercisePrice": 0.3,
"expiryDate": "2027-03-27"
},
{
"number": 814763,
"exercisePrice": 0.22,
"expiryDate": "2027-03-27"
},
{
"number": 32890000,
"exercisePrice": 0.55,
"expiryDate": "2027-10-03"
}
],
"options": [
{
"number": 2400000,
"exercisePrice": 0.3,
"expiryDate": "2026-04-19"
},
{
"number": 2000000,
"exercisePrice": 0.22,
"expiryDate": "2027-04-08"
},
{
"number": 400000,
"exercisePrice": 0.25,
"expiryDate": "2027-10-05"
},
{
"number": 400000,
"exercisePrice": 0.26,
"expiryDate": "2027-10-05"
},
{
"number": 5150000,
"exercisePrice": 0.22,
"expiryDate": "2028-07-20"
},
{
"number": 250000,
"exercisePrice": 2.0,
"expiryDate": "2027-01-26"
},
{
"number": 6250,
"exercisePrice": 2.8,
"expiryDate": "2027-01-26"
},
{
"number": 6250,
"exercisePrice": 0.92,
"expiryDate": "2027-01-26"
},
{
"number": 87500,
"exercisePrice": 0.44,
"expiryDate": "2027-12-08"
},
{
"number": 125000,
"exercisePrice": 0.2,
"expiryDate": "2028-07-18"
},
{
"number": 2781250,
"exercisePrice": 0.16,
"expiryDate": "2029-03-26"
},
{
"number": 500000,
"exercisePrice": 0.27,
"expiryDate": "2029-10-31"
},
{
"number": 6100000,
"exercisePrice": 0.27,
"expiryDate": "2029-10-31"
},
{
"number": 4700000,
"exercisePrice": 0.2,
"expiryDate": "2030-04-30"
},
{
"number": 500000,
"exercisePrice": 0.2,
"expiryDate": "2030-08-05"
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"sixMonthsEndedFebruary282026": {
"exploration": 107302,
"legalFees": 214268,
"reimbursementOfExpense": 0,
"stockBasedCompensation": 156796,
"directorFees": 29334,
"wagesAndBenefits": 246765,
"total": 754465
},
"sixMonthsEndedFebruary282025": {
"exploration": 137965,
"legalFees": 19853,
"reimbursementOfExpense": 4566,
"stockBasedCompensation": 839434,
"directorFees": 0,
"wagesAndBenefits": 159558,
"total": 1161376
}
},
"namedIndividuals": [],
"otherRelatedPartyTransactions": [
{
"counterparty": "Slater Corporate Services Corporation",
"description": "Cost reimbursement, Corporate Secretary, CFO, corporate compliance services, accounting, and financial reporting",
"amount": 0,
"period": "six months ended February 28, 2026"
},
{
"counterparty": "I2 Services SAS",
"description": "Cost reimbursement",
"amount": 510011,
"period": "six months ended February 28, 2026"
},
{
"counterparty": "Farris LLP",
"description": "Legal services",
"amount": 214268,
"period": "six months ended February 28, 2026"
}
]
},
"subsequentEvents": [
{
"eventDate": null,
"description": "Issued 4,032,700 common shares following the exercise of warrants for gross proceeds of $913,594.",
"impactValue": 913594
},
{
"eventDate": "2026-03-16",
"description": "200,000 warrants at $0.22 expired unexercised.",
"impactValue": null
}
]
}
]
More from Outcrop Silver & Gold Corporation
Jun 03, 2026 · 06:45