None
SEDAR Interim Financial Statements
FG · Price
[
{
"companyName": "FALCON GOLD CORP.",
"reportingPeriodEnd": "2025-12-31",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
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"amountsReceivable": 228456,
"marketableSecurities": 222716,
"prepaidExpenses": 35000,
"totalCurrentAssets": 506597,
"accountsPayableAndAccruedLiabilities": 2851919,
"loanPayable": 115000,
"premiumOnFlowThrough": null,
"totalCurrentLiabilities": 2966919,
"shareCapital": 13212877,
"shareSubscriptionsReceivable": -26276,
"reserves": 2298455,
"deficit": -17945378,
"totalShareholdersEquityDeficiency": -2460322,
"totalLiabilitiesAndEquity": 506597,
"cashPerShare": 0.0001,
"workingCapitalPerShare": -0.0138
},
"incomeStatement": {
"consultingFees": 4750,
"explorationExpenditures": 1316994,
"filingFeesAndCommunications": 14909,
"generalAndAdministrationCosts": 12670,
"managementFees": 90000,
"professionalFees": 54510,
"shareBasedPayments": 3415,
"travelAndPromotion": 1224,
"administrativeExpenses": 1498472,
"otherIncome": 135447,
"unrealizedGainOnMarketableSecurities": 47500,
"otherItems": 182947,
"netLossAndComprehensiveLoss": -1315525,
"basicAndDilutedLossPerShare": -0.01,
"weightedAverageNumberOfCommonSharesOutstanding": 177621630
},
"cashFlowStatement": {
"netLossForThePeriod": -1315525,
"unrealizedLossGainOnMarketableSecurities": -47500,
"shareBasedPayment": 3415,
"otherIncome": -135447,
"changesInNonCashWorkingCapitalItemsRelatedToOperations": {
"amountReceivable": -150887,
"prepaidExpensesAndDeposits": -8227,
"accountsPayableAndAccruedLiabilities": 1491873
},
"cashUsedInOperatingActivities": -162298,
"sharesIssuedForCash": null,
"shareIssueCosts": null,
"shareSubscriptionReceivable": 25000,
"loanPayable": 115000,
"cashProvidedByFinancingActivities": 140000,
"changeInCashDuringThePeriod": -22298,
"cashBeginningOfPeriod": 42723,
"cashEndOfThePeriod": 20425
},
"investmentsAndOtherAssets": [
{
"type": "Marketable Securities",
"description": "Portofino Resources Inc. - 161,500 shares",
"ownershipPercentage": null,
"value": 1615,
"notes": "Fair value at December 31, 2025"
},
{
"type": "Marketable Securities",
"description": "Marvel Discovery Corp. - 1,500,000 shares",
"ownershipPercentage": null,
"value": 45000,
"notes": "Fair value at December 31, 2025"
},
{
"type": "Marketable Securities",
"description": "Power One Resources Corp. - 300,000 shares",
"ownershipPercentage": null,
"value": 15000,
"notes": "Fair value at December 31, 2025"
},
{
"type": "Marketable Securities",
"description": "Carmanah Minerals Corp. - 4,000,000 shares",
"ownershipPercentage": null,
"value": 120000,
"notes": "Fair value at December 31, 2025"
},
{
"type": "Marketable Securities",
"description": "Carmanah – Warrants - 4,000,000 warrants",
"ownershipPercentage": null,
"value": 41100,
"notes": "Fair value at December 31, 2025"
},
{
"type": "Marketable Securities",
"description": "Latamark Resources Corp. - 5,000,000 shares (Private Company)",
"ownershipPercentage": null,
"value": 1,
"notes": "Fair value at December 31, 2025"
},
{
"type": "Mineral/Resource Properties",
"description": "Central Canada Property",
"ownershipPercentage": 100,
"value": null,
"notes": "100% interest, subject to 2.0% NSR"
},
{
"type": "Mineral/Resource Properties",
"description": "Spitfire and Sunny Boy",
"ownershipPercentage": 100,
"value": null,
"notes": "100% interest, subject to 2% NSR"
},
{
"type": "Mineral/Resource Properties",
"description": "Hope Brook",
"ownershipPercentage": 100,
"value": null,
"notes": "100% interest, staked claims"
},
{
"type": "Mineral/Resource Properties",
"description": "Baie Verte Area",
"ownershipPercentage": null,
"value": null,
"notes": "Option agreement with Carmanah Minerals Corp., retains 2.5% NSR"
},
{
"type": "Mineral/Resource Properties",
"description": "Camilleri Project",
"ownershipPercentage": 100,
"value": null,
"notes": "100% interest, subject to 1% NSR"
},
{
"type": "Mineral/Resource Properties",
"description": "Holmstead Project",
"ownershipPercentage": 100,
"value": null,
"notes": "100% interest, subject to 1% NSR"
},
{
"type": "Mineral/Resource Properties",
"description": "Nickel North Project",
"ownershipPercentage": 100,
"value": null,
"notes": "100% interest, subject to 1% NSR"
},
{
"type": "Mineral/Resource Properties",
"description": "Robb & Turnbull Property",
"ownershipPercentage": 100,
"value": null,
"notes": "100% interest"
},
{
"type": "Mineral/Resource Properties",
"description": "Bruce Lake Property",
"ownershipPercentage": null,
"value": null,
"notes": "Assigned 100% interest to Portofino Resources Inc., retains 0.5% NSR"
},
{
"type": "Mineral/Resource Properties",
"description": "Burton Property",
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"value": null,
"notes": "49% interest, subject to 2.5% NSR and 10% NPI"
}
],
"shareStructure": {
"authorizedShares": "Unlimited",
"issuedShares": 177934130,
"classesOfShares": ["Common shares"],
"warrants": [
{
"number": 6666665,
"exercisePrice": 0.12,
"expiryDate": "2026-01-14"
},
{
"number": 1694167,
"exercisePrice": 0.05,
"expiryDate": "2028-12-20"
},
{
"number": 1000000,
"exercisePrice": 0.05,
"expiryDate": "2029-02-08"
},
{
"number": 70000,
"exercisePrice": 0.05,
"expiryDate": "2026-02-08"
},
{
"number": 4165167,
"exercisePrice": 0.05,
"expiryDate": "2029-02-16"
},
{
"number": 250000,
"exercisePrice": 0.1,
"expiryDate": "2026-03-27"
},
{
"number": 630000,
"exercisePrice": 0.1,
"expiryDate": "2026-04-25"
},
{
"number": 1662000,
"exercisePrice": 0.07,
"expiryDate": "2027-05-24"
},
{
"number": 2600000,
"exercisePrice": 0.07,
"expiryDate": "2027-07-24"
},
{
"number": 2500000,
"exercisePrice": 0.08,
"expiryDate": "2026-10-28"
},
{
"number": 1000000,
"exercisePrice": 0.05,
"expiryDate": "2028-10-28"
},
{
"number": 420000,
"exercisePrice": 0.08,
"expiryDate": "2026-10-28"
},
{
"number": 4500000,
"exercisePrice": 0.08,
"expiryDate": "2026-11-20"
},
{
"number": 781666,
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"expiryDate": "2026-11-20"
},
{
"number": 315000,
"exercisePrice": 0.08,
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},
{
"number": 3333330,
"exercisePrice": 0.08,
"expiryDate": "2026-12-09"
},
{
"number": 450000,
"exercisePrice": 0.05,
"expiryDate": "2028-12-30"
},
{
"number": 1836442,
"exercisePrice": 0.05,
"expiryDate": "2029-01-06"
}
],
"options": [
{
"number": 1700000,
"exercisePrice": 0.1,
"expiryDate": "2026-08-31"
},
{
"number": 2000000,
"exercisePrice": 0.05,
"expiryDate": "2027-01-31"
},
{
"number": 2500000,
"exercisePrice": 0.05,
"expiryDate": "2028-09-15"
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"sixMonthsEndedDecember312025": {
"managementFees": 90000,
"generalAndAdministrationRent": 7748,
"professionalFeesAccounting": 12000,
"shareBasedPayments": 3415,
"total": 113163
},
"sixMonthsEndedDecember312024": {
"managementFees": 90000,
"generalAndAdministrationRent": 17606,
"professionalFeesAccounting": 22000,
"shareBasedPayments": 24494,
"total": 154100
}
},
"namedIndividuals": [],
"otherRelatedPartyTransactions": [
{
"counterparty": "CEO",
"description": "Accounts payable due",
"amount": 4841,
"period": "As at December 31, 2025"
},
{
"counterparty": "Company controlled by CEO",
"description": "Accounts payable due",
"amount": 87067,
"period": "As at December 31, 2025"
},
{
"counterparty": "Company controlled by CFO",
"description": "Accounts payable due",
"amount": 33490,
"period": "As at December 31, 2025"
},
{
"counterparty": "Marvel Discovery Corp.",
"description": "Amounts receivable (paid expenses on behalf)",
"amount": null,
"period": "As at December 31, 2025"
},
{
"counterparty": "Latamark Resources Corp.",
"description": "Amounts receivable (paid expenses on behalf, written off)",
"amount": null,
"period": "As at December 31, 2025"
}
]
},
"subsequentEvents": [
{
"eventDate": "2026-01-16",
"description": "6,666,665 share purchase warrants expired unexercised.",
"impactValue": null
}
]
}
]
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