None
SEDAR Interim Financial Statements
PRME · Price
[
{
"companyName": "Prime Drink Group Corp.",
"reportingPeriodEnd": "2025-12-31",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
"cash": 45580,
"restrictedCash": 450000,
"salesTaxesAndOtherReceivables": 226214,
"prepaidExpensesAndDeposits": 10958,
"totalCurrentAssets": 732752,
"propertyAndEquipment": 528252,
"waterRights": 4910029,
"totalAssets": 6171033,
"accountsPayableAndAccruedLiabilities": 841366,
"liabilitiesFromDiscontinuedOperations": 54361093,
"totalCurrentLiabilities": 55202459,
"totalLiabilities": 55202459,
"shareCapital": 39752341,
"reserves": 6860691,
"deficit": -95644458,
"totalEquity": -49031426,
"totalLiabilitiesAndEquity": 6171033,
"cashPerShare": 0.0001,
"workingCapitalPerShare": -0.1459
},
"incomeStatement": {
"revenues": 182757,
"purchaseOfGoods": 121948,
"shareBasedPayments": 229374,
"consultingFees": 207500,
"professionalFees": 589760,
"directorsAndAuditCommitteeMembersFees": 0,
"marketingAndAdvertising": 246216,
"investorRelations": 51642,
"waterSourceDevelopment": 6796,
"administrativeExpenses": 220492,
"depreciationOfPropertyAndEquipment": 441,
"totalOperatingExpenses": 1674169,
"lossFromOperations": -1491412,
"otherExpenses": 28489,
"interestIncome": -3692,
"financingExpenses": 7370,
"otherProfessionalFeesAndListingFees": 0,
"totalOtherExpenses": 32167,
"lossFromContinuingOperations": -1523579,
"lossFromDiscontinuedOperations": -251816,
"netLossAndComprehensiveLoss": -1775395,
"netLossPerShareBasicAndDilutedContinuing": -0.0042,
"netLossPerShareBasicAndDilutedDiscontinued": -0.0007,
"weightedAverageSharesOutstanding": 360985649
},
"cashFlowStatement": {
"netLoss": -1775395,
"shareBasedPayments": 229374,
"depreciationOfPropertyAndEquipment": 441,
"adjustmentsTotal": -1545580,
"salesTaxesAndOtherReceivables": 43726,
"prepaidExpensesAndDeposits": 26680,
"accountsPayableAndAccruedLiabilities": -16866,
"liabilitiesFromDiscontinuedOperations": -175775,
"netChangeInNonCashOperatingItems": -122235,
"cashFlowsUsedInOperatingActivities": -1667815,
"changeInRestrictedCash": -150000,
"sharesIssuedPrivatePlacement": 995000,
"sharesIssuedConcurrentPlacementBusinessCombination": 0,
"sharesIssuedConvertibleDebenture": 0,
"warrantsExercised": 0,
"shareOptionsExercised": 0,
"shareIssuanceCosts": 0,
"netCashFromFinancingActivities": 845000,
"netDecreaseIncreaseInCash": -822815,
"cashBeginningOfPeriod": 868395,
"cashEndOfPeriod": 45580
},
"investmentsAndOtherAssets": [
{
"type": "Water Rights",
"description": "Water source permits for Duhamel, Notre-Dame-du-Laus, St-Joseph de Coloraine, Sainte-Cécile-de-Witton, Saint-Élie-de-Caxton, Source Alto 2000 Inc.",
"ownershipPercentage": 100,
"value": 4910029,
"notes": "No impairment losses recognized during the period."
},
{
"type": "Investment in Subsidiary",
"description": "Triani Canada Inc. (acquired October 31, 2024)",
"ownershipPercentage": 100,
"value": null,
"notes": "Placed into receivership June 10, 2025. Assets fully impaired, liabilities remain outstanding."
}
],
"shareStructure": {
"authorizedShares": "Unlimited",
"issuedShares": 372970512,
"classesOfShares": ["Common shares without par value"],
"warrants": [
{
"number": 6240000,
"exercisePrice": 0.16,
"expiryDate": "2026-10-15"
},
{
"number": 11200000,
"exercisePrice": 0.125,
"expiryDate": "2025-10-31"
},
{
"number": 3076500,
"exercisePrice": 0.26,
"expiryDate": "2026-12-31"
},
{
"number": 11236680,
"exercisePrice": 0.25,
"expiryDate": "2027-03-25"
},
{
"number": 8603629,
"exercisePrice": 0.11,
"expiryDate": "2028-09-30"
},
{
"number": 7500015,
"exercisePrice": 0.06,
"expiryDate": "2028-12-31"
}
],
"options": [
{
"number": 500000,
"exercisePrice": 0.13,
"expiryDate": "2026-04-05"
},
{
"number": 3400000,
"exercisePrice": 0.165,
"expiryDate": "2026-04-05"
},
{
"number": 2450000,
"exercisePrice": 0.16,
"expiryDate": "2027-10-31"
},
{
"number": 600000,
"exercisePrice": 0.25,
"expiryDate": "2027-12-27"
},
{
"number": 1000000,
"exercisePrice": 0.06,
"expiryDate": "2028-11-24"
},
{
"number": 2500000,
"exercisePrice": 0.06,
"expiryDate": "2028-12-31"
},
{
"number": 1000000,
"exercisePrice": 0.16,
"expiryDate": "2029-10-31"
}
],
"rightsConvertibleInstruments": "Bonus consideration up to $23,500,000 payable in common shares upon achievement of operational milestones by March 31, 2027."
},
"managementCompensation": {
"currency": "CAD",
"periods": ["3 months ended Dec 31, 2025", "9 months ended Dec 31, 2025", "3 months ended Dec 31, 2024", "9 months ended Dec 31, 2024"],
"namedIndividuals": [
{
"name": "Alexandre Côté",
"title": "CEO and Director",
"period": "9 months ended Dec 31, 2025",
"components": {
"salary": null,
"bonus": null,
"total": 90000
}
},
{
"name": "CFO",
"title": "CFO",
"period": "9 months ended Dec 31, 2025",
"components": {
"salary": null,
"bonus": null,
"total": 98000
}
},
{
"name": "Director (former President and CEO)",
"title": "Director",
"period": "9 months ended Dec 31, 2025",
"components": {
"salary": null,
"bonus": null,
"total": 177000
}
}
],
"otherRelatedPartyTransactions": [
{
"counterparty": "9296-0186 Quebec Inc. and 9372-3039 Quebec Inc.",
"description": "Transactions measured at exchange amount with normal trade terms.",
"amount": null,
"period": "9 months ended Dec 31, 2025"
},
{
"counterparty": "Director",
"description": "Issued 1,818,181 common shares at $0.0825 per share as payment for professional services.",
"amount": 150000,
"period": "August 20, 2025"
}
]
},
"subsequentEvents": [
{
"eventDate": "2026-02-06",
"description": "Entered into exclusive licensing agreements with Prime Capital Investments Inc. for Beach Day Every Day (BDED) trademarks for production/commercialization of ready-to-drink and low-calorie cola beverages in North America (excluding Québec).",
"impactValue": null
}
]
}
]
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Jun 12, 2026 · 18:30