SEDAR Interim Financial Statements

[
  {
    "companyName": "Core Silver Corp.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 4428924,
      "gstAndOtherReceivables": 34024,
      "prepaidExpenses": 85162,
      "totalCurrentAssets": 4548110,
      "promissoryNote": 38717,
      "explorationAndEvaluationAssets": 15912369,
      "reclamationBonds": 37200,
      "totalAssets": 20536396,
      "accountsPayableAndAccruedLiabilities": 190130,
      "dueToRelatedParties": 83104,
      "totalCurrentLiabilities": 273234,
      "deferredIncomeTaxes": 1353473,
      "totalLiabilities": 1626707,
      "shareCapital": 21680101,
      "reserves": 5556973,
      "deficit": -8327385,
      "totalShareholdersEquity": 18909689,
      "totalLiabilitiesAndEquity": 20536396,
      "cashPerShare": 0.1345,
      "workingCapitalPerShare": 0.1298
    },
    "incomeStatement": {
      "administrativeFees": 45000,
      "advertisingAndTravelExpenses": 270013,
      "consultingFeesAndSalaries": 49396,
      "legalFees": 1046,
      "officeInsuranceAndMiscellaneous": 4419,
      "shareBasedPayments": 7847,
      "transferAgentAndFilingFees": 10448,
      "lossBeforeOtherItems": 388169,
      "interestIncome": 31011,
      "netLossAndComprehensiveLoss": 357158,
      "basicAndDilutedLossPerShare": 0.01,
      "weightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted": 32920565
    },
    "cashFlowStatement": {
      "netLossForThePeriod": -357158,
      "shareBasedCompensation": 7847,
      "accruedInterestOnGic": -50528,
      "changesInGstAndOtherReceivables": 121945,
      "changesInPrepaidExpenses": 226760,
      "changesInAccountsPayableAndAccruedLiabilities": -122884,
      "changesInDueToRelatedParties": 4338,
      "netCashFlowsUsedInOperatingActivities": -169680,
      "accruedInterestOnGicInvesting": 50528,
      "explorationAndEvaluationCosts": -1520525,
      "netCashFlowsUsedInInvestingActivities": -1469997,
      "increaseDecreaseInCash": -1639677,
      "cashBeginningOfPeriod": 6068601,
      "cashAndCashEquivalentsEndOfPeriod": 4428924
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Mineral/Resource Properties",
        "description": "Blue Property (100% interest earned through agreement with Zimtu Capital Corp.)",
        "ownershipPercentage": 100,
        "value": 15912369,
        "notes": "Includes Silver Lime Property and additional claims; total land package approximately 108,337 ha."
      },
      {
        "type": "Mineral/Resource Properties",
        "description": "Atlin Lake Claims (100% interest acquired)",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Two mineral tenures, approximately 3,311 ha, acquired for $10,000."
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited",
      "issuedShares": 32920565,
      "classesOfShares": ["Common shares"],
      "warrants": [
        {
          "number": 8000000,
          "exercisePrice": 0.32,
          "expiryDate": "2027-08-05"
        },
        {
          "number": 6000000,
          "exercisePrice": 0.85,
          "expiryDate": "2027-09-19"
        },
        {
          "number": 5410000,
          "exercisePrice": 0.3,
          "expiryDate": "2028-07-02"
        },
        {
          "number": 800000,
          "exercisePrice": 0.3,
          "expiryDate": "2028-07-02"
        }
      ],
      "options": [
        {
          "number": 20000,
          "exercisePrice": 2.3,
          "expiryDate": "2027-06-19"
        },
        {
          "number": 27500,
          "exercisePrice": 1.35,
          "expiryDate": "2029-04-25"
        },
        {
          "number": 1170000,
          "exercisePrice": 0.61,
          "expiryDate": "2029-07-21"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "2025": {
          "explorationAndEvaluationAssetExpenditures": 59500,
          "wagesToKeyManagement": 42000,
          "shareBasedPayments": 0,
          "total": 101500
        },
        "2024": {
          "explorationAndEvaluationAssetExpenditures": 68500,
          "wagesToKeyManagement": 40500,
          "shareBasedPayments": 107001,
          "total": 216001
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Zimtu Capital Corp.",
          "description": "Marketing services agreement",
          "amount": 12500,
          "period": "Monthly from February 1, 2026"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-01-14",
        "description": "Granted 1,750,000 stock options exercisable at $0.81 per share for 4 years, vesting immediately. Granted 1,350,000 restricted share units vesting 12 months from grant.",
        "impactValue": null
      }
    ]
  }
]