SEDAR Interim Financial Statements

[
  {
    "companyName": "BluEnergies Ltd. (formerly Acme Gold Company Limited)",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 2127708,
      "amountsReceivable": 31819,
      "deposit": 46000,
      "prepaidExpenses": 115734,
      "totalCurrentAssets": 2321261,
      "deferredExplorationCosts": 224591,
      "explorationAndEvaluationAsset": 5317780,
      "totalAssets": 7863632,
      "amountsPayableAndAccruedLiabilities": 1061819,
      "shareholderLoanPayable": 2004937,
      "totalCurrentLiabilities": 3066756,
      "totalLiabilities": 3066756,
      "shareCapital": 11718348,
      "shareholderContributions": 806885,
      "reserves": 798482,
      "deficit": -8526839,
      "totalShareholdersEquity": 4796876,
      "totalLiabilitiesAndEquity": 7863632,
      "cashPerShare": 0.0331,
      "workingCapitalPerShare": -0.0116
    },
    "incomeStatement": {
      "conferencesMarketingAndShareholderRelations": 15796,
      "consultingAndManagementFees": 137260,
      "insurance": 9375,
      "interestExpense": 4937,
      "professionalFees": 6589,
      "officeAndAdministration": 16871,
      "rent": 15819,
      "shareBasedCompensation": 132026,
      "transferAgentAndFilingFees": 23487,
      "travel": 22741,
      "foreignExchange": -3095,
      "totalExpenses": 381806,
      "interestIncome": 8960,
      "lossAndComprehensiveLoss": -372846,
      "basicAndDilutedLossPerShare": -0.01,
      "weightedAverageSharesOutstanding": 64316076
    },
    "cashFlowStatement": {
      "lossForThePeriod": -372846,
      "shareBasedCompensation": 132026,
      "interestExpense": 4937,
      "changeInAmountsReceivable": -5787,
      "changeInDeferredTransactionCosts": null,
      "changeInPrepaidExpenses": 500,
      "changeInAmountsPayableAndAccruedLiabilities": -102716,
      "cashFromOperatingActivities": -343886,
      "deferredExplorationCosts": -40642,
      "explorationAndEvaluationAssets": -994626,
      "cashFromInvestingActivities": -1035268,
      "proceedsFromCommonSharesIssued": null,
      "shareIssueCosts": null,
      "exerciseOfWarrants": 9375,
      "shareholderLoansReceived": 2000000,
      "cashFromFinancingActivities": 2009375,
      "changeInCash": 630221,
      "cashBeginning": 1497487,
      "cashEnding": 2127708,
      "supplementalIncomeTaxes": null,
      "supplementalInterest": null,
      "explorationAndEvaluationAssetsInAccountsPayable": 418490,
      "commonSharesIssuedToSettleDebt": null,
      "deferredExplorationCostsCapitalized": 265082
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Mineral/Resource Property",
        "description": "Harper Basin Reconnaissance License (RL-003) - 35% interest in offshore Liberia oil and gas property",
        "ownershipPercentage": 35,
        "value": 5317780,
        "notes": "Joint Study and Application Agreement with TotalEnergies SE (65% interest). License term to June 30, 2027. Minimum work expenditure of US$1,600,000 during initial term."
      },
      {
        "type": "Deferred Exploration Costs",
        "description": "Harper Basin license exploration costs",
        "ownershipPercentage": null,
        "value": 224591,
        "notes": "Costs deferred related to Harper Basin license"
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited common shares without par value",
      "issuedShares": 64318250,
      "classesOfShares": ["Common shares"],
      "warrants": [
        {
          "number": 7858050,
          "exercisePrice": 0.75,
          "expiryDate": "2027-04-08"
        },
        {
          "number": 126900,
          "exercisePrice": 0.75,
          "expiryDate": "2026-03-04"
        }
      ],
      "options": [
        {
          "number": 250000,
          "exercisePrice": 0.2,
          "expiryDate": "2026-10-31"
        },
        {
          "number": 3800000,
          "exercisePrice": 0.4,
          "expiryDate": "2030-04-08"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "threeMonthsEndedDec312025": {
          "consultingAndManagementFees": 62742,
          "shareBasedPayments": 90333,
          "capitalizedConsultingFees": 79304
        },
        "threeMonthsEndedDec312024": {
          "consultingAndManagementFees": 163552,
          "shareBasedPayments": null,
          "capitalizedConsultingFees": 73190
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Shareholders, officers and directors",
          "description": "Unsecured loan agreement",
          "amount": 2000000,
          "period": "December 22, 2025"
        },
        {
          "counterparty": "Officers and directors",
          "description": "Amounts due included in accounts payable",
          "amount": 93112,
          "period": "As of December 31, 2025"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-01-05",
        "description": "Entered into Joint Study and Application Agreement with TotalEnergies SE for Harper Basin property exploration",
        "impactValue": null
      },
      {
        "eventDate": "2026-01-06",
        "description": "Obtained new Reconnaissance License (RL-003) with 35% Company interest, 65% TotalEnergies interest",
        "impactValue": null
      },
      {
        "eventDate": "2026-01-14",
        "description": "Entered agreement for legal services related to Harper Basin property for US$234,292 (C$325,073), to be settled with 216,715 common shares",
        "impactValue": null
      },
      {
        "eventDate": "2026-01-16",
        "description": "Granted 2,300,000 stock options at $1.50 exercise price, expiring January 15, 2031",
        "impactValue": null
      },
      {
        "eventDate": "2026-02-10",
        "description": "Announced acceleration of warrant expiry dates to March 12, 2026 for 7,984,950 warrants",
        "impactValue": null
      },
      {
        "eventDate": null,
        "description": "4,509,000 warrants exercised for proceeds of $3,381,750 after December 31, 2025",
        "impactValue": 3381750
      }
    ]
  }
]