None
SEDAR Interim Financial Statements
EPR · Price
[
{
"companyName": "E-POWER RESOURCES INC.",
"reportingPeriodEnd": "2025-12-31",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
"cashAndCashEquivalents": 99588,
"receivables": 98484,
"prepaids": 75884,
"marketableSecurities": 2100,
"totalCurrentAssets": 276056,
"explorationAndEvaluationAssets": 1709715,
"totalAssets": 1985771,
"accountsPayableAndAccruedLiabilities": 263304,
"flowThroughPremiumLiability": null,
"totalCurrentLiabilities": 263304,
"shareCapital": 6621867,
"subscriptionsReceivable": null,
"optionsReserve": 108019,
"warrantsReserve": 243028,
"deficit": -5250447,
"totalShareholdersEquity": 1722467,
"totalLiabilitiesAndShareholdersEquity": 1985771,
"cashPerShare": 0.0014,
"workingCapitalPerShare": 0.0002
},
"incomeStatement": {
"foreignExchangeLoss": 0,
"generalExplorationExpensesRecovery": 0,
"listingAndFilingFees": 12560,
"managementAndConsultingFees": 56000,
"investorRelations": 30461,
"officeTaxesPermitsAdvertisingBankFeesPostageItWebAndCommunications": 12497,
"professionalFees": 29823,
"shareBasedPayments": 6469,
"travel": 437,
"totalExpenses": -145222,
"gainOnSettlementOfDebtsWithShares": 0,
"flowThroughPremiumRecoveryIncome": 430,
"interestIncome": 0,
"unrealizedGainLossOnMarketableSecurities": -4455,
"writeOffOfAccountsPayable": 0,
"totalOtherItems": -4025,
"netLossAndComprehensiveLoss": -149246,
"basicAndDilutedLossPerShare": -0.002,
"weightedAverageNumberOfCommonSharesOutstanding": 72227438
},
"cashFlowStatement": {
"netLossForTheYear": -149246,
"adjustmentsForNonCashItem": {
"flowThroughPremiumRecoveryIncome": 0,
"shareBasedPayments": 6469,
"gainOnSettlementOfDebtsWithShares": -31250,
"impairmentOfExplorationAndEvaluationAssets": 0,
"servicesReceivedInExchangeOfShareIssuance": 95100,
"writeOffOfAccountsPayable": 12600,
"unrealizedLossGainOnMarketableSecurities": 4455
},
"netChangeInNonCashWorkingCapitalAccounts": {
"decreaseIncreaseInReceivables": -21335,
"decreaseIncreaseInPrepaids": -23818,
"increaseDecreaseInPayables": -53393
},
"netCashUsedInOperatingActivities": -148237,
"explorationAndEvaluationAssetsNet": -71285,
"netCashUsedInInvestingActivities": -71285,
"sharesIssuedForCashNet": 0,
"netCashProvidedByFinancingActivities": 0,
"increaseDecreaseInCashDuringTheYear": -219522,
"cashBeginningOfYear": 319110,
"cashEndOfYear": 99588,
"interestPaid": 0,
"incomeTaxesPaid": 0,
"explorationAndEvaluationExpensesIncludedInAccountsPayable": 11771
},
"investmentsAndOtherAssets": [
{
"type": "Marketable Securities",
"description": "300,000 common shares of Rival Technologies Inc. received related to disposal of claims on Turgeon Graphite Project",
"ownershipPercentage": null,
"value": 2100,
"notes": "Fair value as at Dec 31, 2025. Unrealized loss of $4,455 recorded for the quarter."
},
{
"type": "Mineral/Resource Properties",
"description": "Tetepisca Project, Quebec - 52 mineral claims",
"ownershipPercentage": 100,
"value": 1560992,
"notes": "Net book value. Option agreement with Volt Carbon Technologies Inc. terminated subsequent to Sep 30, 2024."
},
{
"type": "Mineral/Resource Properties",
"description": "Turgeon Project, Quebec",
"ownershipPercentage": 100,
"value": 147723,
"notes": "Net book value. Option agreement with Rival Technologies Inc. terminated Mar 1, 2023."
}
],
"shareStructure": {
"authorizedShares": "Unlimited common shares; Unlimited class A preferred shares; Unlimited class B preferred shares",
"issuedShares": 72675373,
"classesOfShares": ["Common Shares", "Class A Preferred Shares", "Class B Preferred Shares"],
"warrants": [
{
"number": 26285005,
"exercisePrice": 0.11,
"expiryDate": null
},
{
"number": 737350,
"exercisePrice": 0.08,
"expiryDate": null
}
],
"options": [
{
"number": 2000000,
"exercisePrice": 0.12,
"expiryDate": null
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"threeMonthsEndedDec312025": {
"consultingFeesAdministrativeServicesCeo": 6420,
"consultingFeesFinancialAccountingServicesCfo": 17100,
"consultingFeesAdministrativeManagementServicesVpExplorationDirector": 5000,
"consultingFeesTechnicalServicesVpExplorationDirector": 45000,
"shareBasedPayments": 0,
"total": 73520
},
"threeMonthsEndedDec312024": {
"consultingFeesAdministrativeServicesCeo": 42000,
"consultingFeesFinancialAccountingServicesCfo": 17100,
"consultingFeesAdministrativeManagementServicesVpExplorationDirector": 10000,
"consultingFeesTechnicalServicesVpExplorationDirector": 5000,
"shareBasedPayments": 6469,
"total": 80569
},
"yearEndedSep302025": {
"consultingFeesAdministrativeServicesCeo": 168000,
"consultingFeesFinancialAccountingServicesCfo": 68400,
"consultingFeesAdministrativeManagementServicesVpExplorationDirector": 20000,
"consultingFeesTechnicalServicesVpExplorationDirector": 40000,
"shareBasedPayments": 5774,
"total": 302174
}
},
"namedIndividuals": [
{
"name": "Chief Executive Officer (former CEO for year end 2025 and Q1 2025; new CEO for Q1 2026)",
"title": "CEO",
"period": "threeMonthsEndedDec312025",
"components": {
"salary": null,
"bonus": null,
"total": 6420
}
},
{
"name": "Chief Financial Officer",
"title": "CFO",
"period": "threeMonthsEndedDec312025",
"components": {
"salary": null,
"bonus": null,
"total": 17100
}
},
{
"name": "VP Exploration and Director",
"title": "VP Exploration, Director",
"period": "threeMonthsEndedDec312025",
"components": {
"salary": null,
"bonus": null,
"total": 50000
}
}
],
"otherRelatedPartyTransactions": []
},
"subsequentEvents": [
{
"eventDate": null,
"description": "The financial statements for the three months ended December 31, 2025 were issued and approved by the Board of Directors on February 18, 2026.",
"impactValue": null
}
]
}
]
More from E-Power Resources Inc
Jun 30, 2026 · 14:23