SEDAR Interim Financial Statements

[
  {
    "companyName": "Avidian Gold Corp.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 485974,
      "amountsReceivableAndPrepaidExpenses": 35011,
      "investmentInHighTideResourcesCorp": 2057460,
      "investmentInContangoOreInc": 997532,
      "totalCurrentAssets": 3575977,
      "investmentInAssociate": null,
      "totalAssets": 3575977,
      "tradePayablesAndAccruedLiabilities": 102359,
      "convertibleDebenture": null,
      "totalCurrentLiabilities": 102359,
      "shareCapital": 19932362,
      "shareBasedPaymentReserve": 2245801,
      "deficit": -18704545,
      "totalEquity": 3473618,
      "totalLiabilitiesAndShareholdersEquity": 3575977,
      "cashPerShare": 0.0393,
      "workingCapitalPerShare": 0.2809
    },
    "incomeStatement": {
      "explorationAndEvaluationExpenditures": 8400,
      "generalAndAdministrative": 110417,
      "accretion": null,
      "shareBasedCompensation": null,
      "netLossBeforeOtherGainsLosses": -118817,
      "lossOnPartialSaleOfHighTideResourcesCorpInvestment": -232709,
      "gainOnDerecognitionOfEquityAccountingOfHighTideResourcesCorp": 338412,
      "fairValueAdjustmentOnInvestmentInHighTideResourcesCorp": 1274377,
      "gainOnDisposalOfSubsidiary": null,
      "realizedGainOnSaleOfInvestmentInContangoOreInc": null,
      "fairValueAdjustmentOnInvestmentInContangoOreInc": 261753,
      "foreignExchangeGainLoss": -27127,
      "lossFromEquityAccountingInAssociate": -37983,
      "unrealizedGainOnWarrantRevaluation": null,
      "lossOnSettlementOfConvertibleDebenture": null,
      "unrealizedGainOnDerivativeLiability": 871,
      "totalOtherGains": 1577594,
      "netIncomeLoss": 1458777,
      "netIncomeLossPerShareBasicAndDiluted": 0.12,
      "weightedAverageNumberOfSharesOutstandingBasicAndDiluted": 12360716
    },
    "cashFlowStatement": {
      "netIncomeForThePeriod": 1458777,
      "itemsNotInvolvingCash": -114089,
      "changesInNonCashWorkingCapital": 137638,
      "netCashFlowsProvidedByUsedInOperatingActivities": 23549,
      "proceedsFromSaleOfInvestmentInHighTideResourcesCorp": 201855,
      "proceedsFromSaleOfInvestmentInContangoOreInc": null,
      "netCashFlowsProvidedByInvestingActivities": 201855,
      "repaymentOfConvertibleDebentures": null,
      "netCashFlowsUsedByFinancingActivities": null,
      "changeInCash": 225404,
      "cashBeginningOfPeriod": 260570,
      "cashEndOfPeriod": 485974
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Investment in Public Company",
        "description": "Investment in High Tide Resources Corp. (HTR Corp.) - 14,842,020 common shares held",
        "ownershipPercentage": 17.15,
        "value": 2057460,
        "notes": "Carried at fair value (Level 1). Partial disposition occurred on September 23, 2025, ceasing equity method accounting."
      },
      {
        "type": "Investment in Public Company",
        "description": "Investment in Contango Ore Inc. - common shares",
        "ownershipPercentage": null,
        "value": 997532,
        "notes": "Carried at fair value (Level 1). Acquired as part of sale of Avidian Gold Alaska Inc."
      },
      {
        "type": "Mineral Property",
        "description": "Jungo property - unpatented mining claims",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Subject to a 2% NSR on certain claims. Incurred $8,400 in acquisition/holding costs for the six months ended Dec 31, 2025."
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited common shares, no par value",
      "issuedShares": 12360716,
      "classesOfShares": ["Common shares"],
      "warrants": [],
      "options": [
        {
          "number": 73331,
          "exercisePrice": 3.45,
          "expiryDate": "2026-04-07"
        },
        {
          "number": 109999,
          "exercisePrice": 3,
          "expiryDate": "2026-07-19"
        },
        {
          "number": 845000,
          "exercisePrice": 0.11,
          "expiryDate": "2029-11-15"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "USD",
      "periods": {
        "threeMonthsEndedDec312025": {
          "consultingFees": 15066,
          "wagesAndBenefits": null,
          "shareBasedCompensation": null,
          "total": 15066
        },
        "sixMonthsEndedDec312025": {
          "consultingFees": 33219,
          "wagesAndBenefits": 7061,
          "shareBasedCompensation": null,
          "total": 40280
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Current and former directors/officers",
          "description": "Amounts owed included in trade payables and accrued liabilities",
          "amount": 7416,
          "period": "As at December 31, 2025"
        }
      ]
    },
    "subsequentEvents": []
  }
]