SEDAR Interim Financial Statements

[
  {
    "companyName": "OPAWICA EXPLORATIONS INC.",
    "reportingPeriodEnd": "2025-11-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 20937,
      "investments": 58328,
      "salesTaxesReceivable": 165417,
      "dueFromRelatedParty": 116339,
      "prepaidExpenses": 5875,
      "totalCurrentAssets": 366896,
      "explorationAndEvaluationAssets": 4777082,
      "totalAssets": 5143978,
      "tradeAndOtherPayables": 147006,
      "provisionForIndemnityCurrent": 118474,
      "flowThroughPremium": 64468,
      "totalCurrentLiabilities": 329948,
      "provisionForIndemnityNonCurrent": 540093,
      "totalLiabilities": 870041,
      "shareCapital": 47207971,
      "shareSubscriptions": -11500,
      "reserves": 3644330,
      "accumulatedDeficit": -46566864,
      "totalShareholdersEquity": 4273937,
      "totalLiabilitiesAndShareholdersEquity": 5143978,
      "cashPerShare": 0.0005,
      "workingCapitalPerShare": 0.0009
    },
    "incomeStatement": {
      "employeeCosts": 151876,
      "generalAndAdministrative": 71083,
      "totalExpenses": 222959,
      "changeInFairValueOfInvestments": -10213,
      "interestIncome": 166,
      "flowThroughPremiumRecovery": 1990,
      "netLossAndComprehensiveLoss": -231016,
      "lossPerCommonShareBasicAndDiluted": -0.01,
      "weightedAverageNumberOfCommonSharesOutstanding": 39338775
    },
    "cashFlowStatement": {
      "netLossForThePeriod": -231016,
      "shareBasedPayments": 54376,
      "flowThroughPremiumRecovery": -1990,
      "changeInFairValueOfInvestments": 10213,
      "salesTaxReceivable": -4835,
      "prepaidExpenses": 25196,
      "tradeAndOtherPayables": 54249,
      "totalCashFlowsUsedInOperatingActivities": -93807,
      "expendituresOnExplorationAndEvaluationAssets": -1683,
      "purchaseOfEquipment": null,
      "totalCashFlowsUsedInInvestingActivities": -1683,
      "proceedsFromSharesIssuedForPrivatePlacements": null,
      "shareIssuanceCosts": null,
      "totalCashFlowsFromFinancingActivities": null,
      "changeInCashDuringThePeriod": -95490,
      "cashBeginningOfPeriod": 116427,
      "cashEndOfPeriod": 20937
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Marketable Securities",
        "description": "Generation Uranium Inc. - Common shares and warrants",
        "ownershipPercentage": null,
        "value": 58328,
        "notes": "960,000 common shares and 2,200,000 warrants. Fair value determined using Black-Scholes model."
      },
      {
        "type": "Mineral/Resource Properties",
        "description": "Arrowhead and Bazooka East Properties (Quebec)",
        "ownershipPercentage": 100,
        "value": 1182109,
        "notes": "Acquired 100% interest. Subject to 2% NSR royalty, with option to purchase half for $1,000,000 each. Also subject to 0.5% NSR to GoldSpot Discoveries Corp."
      },
      {
        "type": "Mineral/Resource Properties",
        "description": "Bazooka West Property (Quebec)",
        "ownershipPercentage": 100,
        "value": 3594973,
        "notes": "Acquired 100% interest. Subject to 3% gross metal royalty."
      },
      {
        "type": "Mineral/Resource Properties",
        "description": "Cornwall Property (British Columbia)",
        "ownershipPercentage": 100,
        "value": 0,
        "notes": "Acquired via share purchase of 1381766. Written down to $nil as no immediate exploration plans."
      }
    ],
    "shareStructure": {
      "authorizedShares": "unlimited common shares; unlimited preference shares",
      "issuedShares": 39338775,
      "classesOfShares": ["common", "preference"],
      "warrants": [
        {
          "number": 3154998,
          "exercisePrice": 0.15,
          "expiryDate": "2026-05-08"
        },
        {
          "number": 1690000,
          "exercisePrice": 0.15,
          "expiryDate": "2026-05-19"
        },
        {
          "number": 11750000,
          "exercisePrice": 0.1,
          "expiryDate": "2026-06-05"
        },
        {
          "number": 8411200,
          "exercisePrice": 0.25,
          "expiryDate": "2026-11-21"
        },
        {
          "number": 2424800,
          "exercisePrice": 0.4,
          "expiryDate": "2026-12-20"
        },
        {
          "number": 1397000,
          "exercisePrice": 0.3,
          "expiryDate": "2027-04-03"
        }
      ],
      "options": [
        {
          "number": 2200000,
          "exercisePrice": 0.1,
          "expiryDate": "2026-06-05"
        },
        {
          "number": 400000,
          "exercisePrice": 0.17,
          "expiryDate": "2027-01-09"
        },
        {
          "number": 400000,
          "exercisePrice": 0.14,
          "expiryDate": "2027-06-03"
        },
        {
          "number": 900000,
          "exercisePrice": 0.09,
          "expiryDate": "2028-10-17"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "2025-11-30": {
          "shortTermEmployeeBenefitsAndDirectorsFees": 67500,
          "shareBasedPayments": 54376,
          "total": 121876
        },
        "2024-11-30": {
          "shortTermEmployeeBenefitsAndDirectorsFees": 72000,
          "shareBasedPayments": null,
          "total": 72000
        }
      },
      "namedIndividuals": [
        {
          "name": "CEO (Company controlled by President & CEO)",
          "title": "President and Chief Executive Officer",
          "period": "2025-11-30",
          "components": {
            "salary": 45000,
            "bonus": null,
            "total": 45000
          }
        },
        {
          "name": "Monty Sutton",
          "title": "Chief Financial Officer",
          "period": "2025-11-30",
          "components": {
            "salary": 15000,
            "bonus": null,
            "total": 15000
          }
        },
        {
          "name": "Corporate Secretary",
          "title": "Corporate Secretary",
          "period": "2025-11-30",
          "components": {
            "salary": 7500,
            "bonus": null,
            "total": 7500
          }
        }
      ],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "CEO",
          "description": "Due from related party",
          "amount": 116339,
          "period": "2025-11-30"
        },
        {
          "counterparty": "Officers and Directors",
          "description": "Trade and other payables due",
          "amount": 67250,
          "period": "2025-11-30"
        }
      ]
    },
    "subsequentEvents": []
  }
]