SEDAR Interim Financial Statements

Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Condensed Interim Financial Statements (Unaudited) December 31, 2025 2 Notice of No Auditor Review The accompanying unaudited condensed interim financial statements were prepared by management and approved by the Audit Committee and the Board of Directors. The Company’s independent auditor has not performed a review of these condensed interim financial statements in accordance with the standards established by the Chartered Professional Accountants of Canada for a review of interim financial statements by an entity’s auditor. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Condensed Interim Statements of Financial Position (Unaudited) December 31 June 30 2025 2025 ASSETS Current Cash $ 324,249 $ 288,799 Accounts receivable 10,592 12,395 Marketable securities (note 5) 2,750 2,500 Prepaid expenses 11,840 34,038 349,431 337,732 Reclamation deposits (note 6) 9,151 9,151 Exploration and evaluation assets (note 7) 607,015 543,949 $ 965,597 $ 890,832 LIABILITIES Current Accounts payable and accrued liabilities (note 9) $ 20,697 $ 51,221 Flow-through share premium (note 8) - 2,502 20,697 53,723 SHAREHOLDERS' EQUITY Share capital (note 8) 22,418,278 22,183,278 Share-based payment reserve (note 8) 1,937,606 1,937,606 Deficit (23,410,984) (23,283,775) 944,900 837,109 $ 965,597 $ 890,832 Nature and continuance of operations (note 1) Subsequent events (note 10) Approved on behalf of the board on September ҝ, 2025 " ҝ" " ҝ" Gregory Lytle James Darcel The accompanying Notes to the Condensed Interim Financial Statements are an integral part of these financial statements 3 Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Condensed Interim Statements of Comprehensive Loss (Unaudited) Six month periods ended December 31, 2025 and 2024 For the Three Months For the Six Months Ended December 31 Ended December 31 2025 2024 2025 2024 Expenses Consulting $ - $ 20,871 $ - $ 67,162 Depreciation - 24 - 48 Insurance 3,886 3,220 7,772 6,440 Interest and bank charges 134 222 419 463 Management and administration fees (note 9) 41,503 26,250 83,417 52,500 Office 1,077 3,567 4,698 5,096 Professional fees 102 4,211 2,710 8,579 Share-based compensation (note 8) - - - 135,820 Site investigation fees - - 2,440 - Telephone 636 - 636 - Transfer agent and filing fees 15,933 10,759 27,290 22,214 Travel and promotion 343 538 778 1,070 Operating loss (63,614) (69,662) (130,160) (299,392) Other income (expenses) Interest income - - 199 200 Recovery of flow-through premium (note 8) 1,381 36,049 2,502 36,049 Unrealized gain (loss) on investments (note 5) - (250) 250 (500) 1,381 35,799 2,951 35,749 Net and comprehensive loss $ (62,233) $ (33,863) $ (127,209) $ (263,643) Loss per share - basic and diluted $ - $ - $ - $ (0.01) Weighted average number of shares outstanding 64,905,636 46,575,201 63,749,114 45,464,060 The accompanying Notes to the Condensed Interim Financial Statements are an integral part of these financial statements 4 Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Condensed Interim Statements of Changes in Equity (Unaudited) Six month periods ended December 31, 2025 and 2024 Issued Share Capital Share-based Number Amount Payment Reserve Deficit Total Balances, June 30, 2024 42,225,201 $ 21,304,778 $ 1,801,786 $ (22,818,931) $ 287,633 Shares and warrants --- issued for cash 4,350,000 522,000 - - 522,000 Allocation of proceeds to flow-through share premium - (43,500) - - (43,500) Share-based compensation - - 135,820 - 135,820 Net loss - - - (263,643) (263,643) Balances, December 31, 2024 46,575,201 21,783,278 1,937,606 (23,082,574) 638,310 Shares and warrants issued for cash 16,000,000 400,000 - - 400,000 Net loss - - - (201,201) (201,201) Balances, June 30, 2025 62,575,201 22,183,278 1,937,606 (23,283,775) 837,109 Shares issued for cash 4,700,000 235,000 - - 235,000 Net loss - - - (127,209) (127,209) Balances, December 31, 2025 67,275,201 $ 22,418,278 $ 1,937,606 $ (23,410,984) $ 944,900 The accompanying Notes to the Condensed Interim Financial Statements are an integral part of these financial statements 5 Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Condensed Interim Statements of Cash Flows (Unaudited) Six month periods ended December 31, 2025 and 2024 2025 2024 Operating activities Net loss $ (127,209) $ (263,643) Adjustments for items not involving cash: Depreciation - 48 Share-based compensation - 135,820 Recovery of flow-through premium (2,502) (36,049) Unrealized loss (gain) on investments (250) 500 (129,961) (163,324) Changes in non-cash working capital: Accounts receivable 1,803 (16,615) Prepaid expenses 22,198 21,874 Accounts payable and accrued liabilities (30,524) (28,778) (136,484) (186,843) Investing activity Investments in exploration and evaluation assets (63,066) (437,311) Financing activity Proceeds from issuance of shares and warrants, net 235,000 522,000 Net change in cash 35,450 (102,154) Cash, beginning of period 288,799 244,397 Cash, end of period $ 324,249 $ 142,243 Supplemental cash flow information Interest received $ 199 $ 200 Income taxes paid $ - $ - Non-cash financing and investing transactions (note 11) The accompanying Notes to the Condensed Interim Financial Statements are an integral part of these financial statements 6 Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 7 1. Nature and Continuance of Operations The Company was incorporated on June 14, 1977 under the laws of the Province of British Columbia, Canada. The Company is in the business of exploring its mineral exploration assets and has not yet determined whether these properties contain ore reserves that are economically recoverable. As of December 31, 2025, the Company was in the exploration stage and had interests in properties in Ontario, Canada. These condensed interim financial statements have been prepared on a going concern basis, which presumes the realization of assets and discharge of liabilities in the normal course of business for the foreseeable future. The ability of the Company to continue as a going concern and the recoverability of the amounts shown for exploration and evaluation assets are dependent upon the existence of economically recoverable reserves, the ability of the Company to obtain necessary financing to complete the development, and upon future profitable production or proceeds from the disposition thereof. The Company has sustained losses from operations and has an ongoing requirement for capital investment to explore its exploration and evaluation assets. As of December 31, 2025, the Company had working capital of $328,734 (June 30, 2025 – $284,009). Based on its current plans, budgeted exp --- enditures and cash requirements, the Company does not have sufficient cash to finance its current plans and will need to raise substantial additional capital to accomplish its plans over the next several years. The Company expects to seek additional financing through equity financing, though there can be no assurance as to the availability or terms upon which such financing might be available. The Company’s business may be affected by changes in political and market conditions, such as interest rates, availability of credit, inflation rates, tariffs, changes in laws, and national and international circumstances. Recent geopolitical events and potential global economic challenges, such as the risk of higher inflation and trade disputes, may create further uncertainty and risk with respect to the prospects of the Company’s business. These material uncertainties may cast significant doubt upon the Company’s ability to continue as a going concern. These condensed interim financial statements do not include any adjustments to the amounts and classification of assets and liabilities that might be necessary should the Company be unable to continue in business. The address of the Company’s office is 179 – 2945 Jacklin Road, Suite 416, Victoria, British Columbia, V9B 6J9, Canada. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 8 2. Material Accounting Policies Basis of Presentation These condensed interim financial statements, including comparatives, comply with IAS 34 – Interim Financial Reporting. The policies applied in these condensed interim financial statements are based on IFRS Accounting Standards (“IFRS”) issued and outstanding as of the date the Board of Directors approved these condensed interim financial statements. These condensed interim financial statements are presented in the Company’s functional and presentation currency – the Canadian dollar – on a historical cost basis except for certain items that are measured at fair value. The accounting policies described herein have been applied consistently to all periods presented in these condensed interim financial statements. Financial Instruments The Company determines the classification of its financial instruments at initial recognition. Financial assets and financial liabilities are classified according to the following measurement categories: i) those to be measured subsequently at fair value, either through profit or loss (“FVTPL”) or through other comprehensive income (“FVTOCI”); and ii) those to be measured subsequently at amortized cost. The Company’s financial assets consist of cash and marketable securities which are classified and measured at FVTPL with realized and unrealized gains or losses related to changes in fair value reported in profit or loss, and reclamation deposits which are classified at amortized cost. The Company’s financial liabilities consist of accounts payable and accrued liabilities which are classified and measured at amortized cost using the effective interest method. Interest expense is reported in profit or loss. Exploration and Evaluation Assets Once the legal right to explore a property has been acquired, costs directly related to exploration and evaluation expenditures are recognized and capitalized in addition to the acquisition costs. These direct expenditures include such costs as materials used, surveying cos --- ts, drilling costs, payments made to contractors and depreciation on plant and equipment during the exploration phase. Costs not directly attributable to exploration and evaluation activities, including general administrative overhead costs and pre-exploration expenses, are expensed in the period in which they occur. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 9 2. Material Accounting Policies (continued) Exploration and Evaluation Assets (continued) The Company may occasionally enter into option arrangements whereby the Company will transfer part of a mineral interest as consideration for an agreement by the transferee to meet certain exploration and evaluation expenditures, which would otherwise be undertaken by the Company. The Company does not record any expenditures made by the optionee on its behalf. Any consideration received from the agreement is credited against the costs previously capitalized to the exploration and evaluation asset given up by the Company with any excess consideration accounted for as a gain on disposal. When a project is deemed to no longer have commercially viable prospects to the Company, exploration and evaluation expenditures in respect of that project are deemed to be impaired. As a result, those exploration and evaluation costs in excess of estimated recoveries are written off to profit or loss. The Company assesses exploration and evaluation assets for impairment at each reporting date and when facts and circumstances suggest that the carrying amount of an asset may exceed its recoverable amount. Industry-specific indicators for an impairment review arise typically when one or more of the following circumstances applies: i) Substantive expenditure or further exploration and evaluation activities is neither budgeted nor planned; ii) Title to the asset is compromised, has expired or is expected to expire; iii) Adverse changes in the taxation, regulatory or political environment; and iv) Adverse changes in variables in commodity prices and markets making the project unviable. Once the technical feasibility and commercial viability of extracting the mineral resource have been determined, the property is considered to be a mine under development and is classified as “mines under construction.” Exploration and evaluation assets are tested for impairment before the assets are transferred to development properties. As the Company currently has no operational income, any incidental revenues earned in connection with exploration activities are applied as a reduction to capitalized exploration costs. Exploration and evaluation assets are classified as intangible assets. Cash which is subject to contractual restrictions on use is classified separately as reclamation deposits. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 10 2. Material Accounting Policies (continued) Loss per Share The Company uses the treasury stock method of calculating diluted per share amounts whereby any proceeds from the exercise of stock options or other dilutive instruments are assumed to be used to purchase common shares at the average market price during the period. The assumed conversion of outstanding common share options and warrants had an anti-dilutive impact in --- 2025 and 2024. There were 21,040,000 outstanding options and warrants as of December 31, 2025 (June 30, 2025 – 25,990,000) that were not included in the calculation of diluted per share amounts. Basic loss per share is calculated using the weighted-average number of shares outstanding during the period. Share Capital The proceeds from the exercise of stock options and warrants are recorded as share capital in the amount for which the option or warrant enabled the holder to purchase a share in the Company. Commissions and finders’ fees paid to underwriters, agents and finders and other related share issue costs, such as legal, auditing and printing, on the issue of the Company’s shares are charged directly to share capital. The Company has adopted a residual value method with respect to the measurement of shares and warrants issued as private placement units. The residual value method first allocates value to the more easily measurable component based on fair value and then the residual value, if any, to the less easily measurable component. The fair value of the common shares issued in private placements is determined to be the more easily measurable component and are valued at their fair value, as determined by the closing trade price on the announcement date. The remaining balance, if any, is allocated to attached warrants. Any fair value attributed to the warrants is recorded as share-based payment reserve. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 11 2. Material Accounting Policies (continued) Share-based Compensation Where equity-settled share options are awarded to employees, the fair value of the options at the date of grant is charged to profit or loss over the vesting period. Performance vesting conditions are considered by adjusting the number of equity instruments expected to vest at each reporting date so that, ultimately, the cumulative amount recognized over the vesting period is based on the number of options that eventually vest. Non-vesting conditions and market vesting conditions are factored into the fair value of the options granted. As long as all other vesting conditions are satisfied, a charge is made irrespective of whether these vesting conditions are satisfied. The cumulative expense is not adjusted for failure to achieve a market vesting condition or where a non-vesting condition is not satisfied. Where the terms and conditions of options are modified before they vest, the increase in the fair value of the options, measured immediately before and after the modification, is also charged to profit or loss over the remaining vesting period. Where equity instruments are granted to non-employees, they are recorded at the fair value of the goods or services received in profit or loss, unless they are related to the issuance of shares. Amounts related to the issuance of shares are recorded as a reduction of share capital. When the value of goods or services received in exchange for the share-based payment cannot be reliably estimated, the fair value is measured by use of a valuation model. The expected life used in the model is adjusted, based on management’s best estimate, for the effects of non-transferability, exercise restrictions and behavioural considerations. All equity-settled share-based payments are reflected in share-based payment reserve, until exercised. Upon exercis --- e, shares are issued from treasury and the amount reflected in share- based payment reserve is credited to share capital, adjusted for any consideration paid. Upon expiry, the amount originally recorded in share-based payment reserve remains unchanged. Where a grant of options is cancelled or settled during the vesting period, excluding forfeitures when vesting conditions are not satisfied, the Company immediately accounts for the cancellation as an acceleration of vesting and recognizes the amount that otherwise would have been recognized for services received over the remainder of the vesting period. Any payment made to the employee on the cancellation is accounted for as the repurchase of an equity interest except to the extent the payment exceeds the fair value of the equity instrument granted, measured at the repurchase date. Any such excess is recognized as an expense. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 12 2. Material Accounting Policies (continued) Flow-Through Shares and Units The Company will, from time to time, issue flow-through common shares and units to finance its exploration programs. Pursuant to the terms of the flow-through agreements, these shares and units transfer the tax deductibility of qualifying resource expenditures to investors. At the time of closing a financing involving flow-through units consisting of common shares and warrants, the Company allocates proceeds received as follows: i) share capital – the market trading price of the common shares; ii) flow-through share premium – equal to the estimated premium, if any, investors pay for the flow-through feature, which is recognized as a liability; and iii) warrant reserve – any excess. Upon eligible expenses being incurred, the Company derecognizes the liability and recognizes a deferred tax liability for the amount of tax reduction renounced to the investors. The premium is recognized as other income and the related deferred tax is recorded as a tax provision. Proceeds received from the issuance of flow-through shares and units are restricted to be used only for Canadian resource property exploration expenditures within a two-year period. As of December 31, 2025, the Company had no unspent flow-through commitment (June 30, 2025 – $230,513). The Company may also be subject to a Part XII.6 tax on flow-through proceeds renounced under the Look-back Rule, in accordance with Government of Canada flow-through regulations. When applicable, this tax is accrued as a financial expense until paid. Impairment of Long-Lived Assets Management evaluates non-current assets at each reporting period for indicators that carrying value is impaired and may not be recoverable. When indicators of impairment are present, the recoverable amount of an asset is evaluated at the level of a cash generating unit (“CGU”), the smallest identifiable group of assets that generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets, where the recoverable amount of a CGU is the greater of the CGU’s fair value less costs to sell and its value in use. An impairment loss is recognized in profit or loss to the extent that the carrying amount exceeds the recoverable amount. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Sta --- tements (Unaudited) December 31, 2025 and 2024 13 2. Material Accounting Policies (continued) Decommissioning Provision The Company records a liability based on the best estimate of costs for site closure and reclamation activities that the Company is legally or constructively required to remediate and the liability is recognized at the time environmental disturbance occurs. The resulting costs are capitalized to the corresponding asset. The provision for closure and reclamation liabilities is estimated using expected cash flows based on internal estimates discounted at a pre-tax rate specific to the liability. The capitalized amount is amortized on the same basis as the related asset. The liability is adjusted for the accretion of the discounted obligation and any changes in the amount or timing of the underlying future cash flows. Significant judgements and estimates are involved in forming expectations of the amounts and timing of future closure and reclamation cash flows. Changes in closure and reclamation estimates are accounted for as a change in the corresponding capitalized cost. Costs of reclamation projects for which a provision has been recorded are recorded directly against the provision as incurred, most of which are incurred upon cessation of exploration and evaluation or at the end of the life of a mine. Significant Accounting Estimates and Judgements The preparation of these condensed interim financial statements requires management to make certain estimates, judgements and assumptions that affect the reported amounts of assets and liabilities at the financial statement date and reported amounts of expenses during the reporting period. Actual outcomes could differ from these estimates. These condensed interim financial statements include estimates which, by their nature, are uncertain. The impact of such estimates is pervasive throughout the condensed interim financial statements and may require accounting adjustments based on future occurrences. Revisions to accounting estimates are recognized in the period in which the estimate is revised and future years if the revision affects both current and future periods. These estimates are based on historical experience, current and future economic conditions and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 14 2. Material Accounting Policies (continued) Significant Accounting Estimates and Judgements (continued) Critical Accounting Estimates There are no significant assumptions about the future and other sources of estimation uncertainty that management has made at the end of the reporting period, which could result in a material adjustment to the carrying amounts of assets and liabilities, in the event that actual results differ from assumptions made. Critical Accounting Judgements Critical accounting judgements are accounting policies that have been identified as being complex or involving subjective judgements or assessments. The Company made the following critical accounting judgements: Exploration and evaluation expenditures The application of the Company’s accounting policy for exploration and evaluation expenditures requires judgement in determining whether it is likely that future economic benefits will flow to the Company --- , which may be based on assumptions about future events or circumstances. If, after an expenditure is capitalized, information becomes available suggesting that the recovery of the expenditure is unlikely, the amount capitalized is written off to profit or loss in the period the new information becomes available. Going concern The preparation of these condensed interim financial statements requires management to make judgements regarding the ability of the Company to continue as a going concern as discussed in Note 1. New Accounting Standards and Interpretations Not Yet Adopted IFRS 18 Presentation and Disclosure in Financial Statements IFRS 18 introduces three sets of new requirements to give investors more transparent and comparable information about companies’ financial performance for better investment decisions: i) Three defined categories for income and expenses – operating, investing and financing – to improve the structure of the income statement and require all companies to provide new defined subtotals, including operating profit; ii) Requirement for companies to disclose explanations of management-defined performance measures that are related to the income statement; and iii) Enhanced guidance on how to organize information and whether to provide it in the primary financial statements or in the notes. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 15 2. Material Accounting Policies (continued) New Accounting Standards and Interpretations Not Yet Adopted (continued) This new standard is effective for reporting periods beginning on or after January 1, 2027. The Company will be evaluating the impact on future financial statements. 3. Capital Management The Company manages its capital to continue as a going concern largely through issuances of shares. These share issues depend on several factors, including a positive mineral exploration environment, positive stock market conditions, and the company’s track record and experience of its management. The capital structure of the Company consists of shareholders’ equity, comprising share capital, share-based payment reserve and deficit. The Company is not subject to any external capital requirements. There were no changes to the Company’s approach to capital management during the six-month period ended December 31, 2025. 4. Financial Instruments The fair value of the Company’s reclamation deposits and accounts payable and accrued liabilities approximate their carrying value due to the short-term nature of these instruments unless otherwise noted. It is management’s opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial instruments. The Company monitors and manages the risks relating to its financial instruments through analysis of exposures by degree and magnitude of risks. These risks include credit risk, market risk and liquidity risk. Credit risk Credit risk refers to the risk that another entity will default on its contractual obligations resulting in financial loss to the Company. As of December 31, 2025, such contractual obligations comprised cash held with high creditworthy financial institutions in the amount of $324,249 (June 30, 2025 – $288,799) and deposits with or pledged to the Province of British Columbia in the amount of $9,151 (June 30, 2025 – $9,151). Management considers --- this risk to be negligible. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 16 4. Financial Instruments (continued) Market risk Market risk is the risk that the fair value of a financial instrument will fluctuate because of changes in market prices. The Company does not currently hold any financial instruments that mitigate this risk with respect to its cash, which as of December 31, 2025 totaled $324,249 (June 30, 2025 – $288,799), nor its marketable securities, which had a fair value on December 31, 2025 of $2,750 (June 30, 2025 – $2,500). Liquidity risk Liquidity risk refers to the risk that the Company will not be able to meet its financial obligations when they become due or can only do so at excessive cost. As of December 31, 2025, the Company had working capital of $328,734 (June 30, 2025 – $284,009). Management anticipates that the Company will need to raise additional money to meet its obligations as they become due. Fair Value Hierarchy Financial instruments recorded at fair value in the Condensed Interim Statements of Financial Position are classified using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. The fair value hierarchy has the following levels: Level 1 Valuation is based on quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 Valuation techniques are based on inputs other than quoted prices included in level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices). Level 3 Valuation techniques are based on inputs for the asset or liability that are not based on observable market data (unobservable inputs). The fair value hierarchy requires the use of observable market inputs whenever such inputs exist. A financial instrument is classified to the lowest level of the hierarchy for which a significant input has been considered in measuring fair value. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 17 4. Financial Instruments (continued) Fair Value Hierarchy (continued) The following tables present the financial instruments recorded at fair value in the Condensed Interim Statements of Financial Position, classified using the fair value hierarchy described above: Assets as of December 31, 2025 Level 1 Level 2 Level 3 Cash $324,249 $ - $ - Marketable securities 2,750 - - Assets as of June 30, 2025 Level 1 Level 2 Level 3 Cash $288,799 $ - $ - Marketable securities 2,500 - - 5. Marketable Securities Investments in shares comprised the following: Number of Shares Cost Accumulated Unrealized Loss Fair Value December 31, 2025 BTU Metals Corp. 50,000 $3,200 $(450) $2,750 Number of Shares Cost Accumulated Unrealized Loss Fair Value June 30, 2025 BTU Metals Corp. 50,000 $3,200 $(700) $2,500 During the six-month period ended December 31, 2025, the Company recorded an unrealized gain of $250 (2024 – $(500)) on its marketable securities. 6. Reclamation Deposits As of December 31, 2025, bank term deposits totaling $9,151 (June 30, 2025 – $9,151) have been posted as reclamation bonds with the Province of British Columbia, Canada. The term deposits bear interest at a weighted average rate of 2.5% per annum (June 30 --- , 2025 – 2.9%). Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 18 7. Exploration and Evaluation Assets West Madsen The Company owns a 100% interest in the West Madsen Project comprising two contiguous claim blocks in Ontario’s Red Lake gold camp. To purchase the property, the Company paid $175,000, issued 1,375,000 shares with a fair value of $0.36 per share and granted to the vendor a 2.5% net smelter returns royalty. The Company may repurchase 40% of the royalty for $500,000. The Company also acquired 100% of the Flat Lake and Madsen Medicine Stone claim groups adjacent to the original West Madsen Project. The Company paid a total of $80,000, issued 250,000 shares with an average value of $0.82 per share and granted to the vendor a 2% net smelter returns royalty. The Company may repurchase half of the royalty for $1,000,000. As the Company had budgeted no exploration work for the project at the time, in June 2023 management determined that the asset was impaired and wrote down the carrying amount to zero. In February 2024, the Company recommenced exploration. Slate Falls The Company owns a 100% interest in the Slate Falls Project located near Slate Falls in northwestern Ontario. To acquire the property, the Company paid $145,550, issued 120,000 shares with an average value of $0.17 per share, and granted to the vendor a 2% net smelter returns royalty, of which the Company may repurchase half for $1,000,000. As the Company had budgeted no exploration work for the project at the time, in June 2022 management determined that the asset was impaired and wrote down the carrying amount to zero. In April 2025, the Company recommenced exploration. Red Lake The Company owns a 100% interest in the McDonough and Pipestone Bay properties located near Red Lake, Ontario. To purchase the properties, the Company paid $45,100, issued 110,000 shares with a fair value of $0.51 per share and granted to the vendor a 1.5% net smelter returns royalty. The Company may repurchase one-half of the royalty for $400,000. As the Company had budgeted no exploration work for the project at the time, in June 2023 management determined that the asset was impaired and wrote down the carrying amount to zero. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 19 7. Exploration and Evaluation Assets (continued) Red Lake (continued) In January 2024, the Company entered into an option agreement to sell the Pipestone Bay property. To exercise the option and acquire a 100% interest in the Pipestone Bay property, the optionee would pay $60,000 and issue 1,000,000 of its common shares to the Company over three years, and would incur exploration expenditures totaling $1,000,000 over four years. In January 2025, the optionee terminated its option. In May 2025, the Company recommenced exploration. Pakwash North The Company owns a 40% interest in the Pakwash North Project located approximately 36 kilometres southeast of Red Lake, Ontario. To purchase the property, the Company paid $51,500, issued 110,000 shares with a fair value of $0.47 per share, and granted a 1.5% net smelter returns royalty of which the Company may repurchase half for $400,000. In March 2021, the Company entered into an agreement with BTU Metals Ltd. --- (“BTU”) whereby BTU acquired a 60% ownership interest in the Pakwash North property by paying the Company $75,000, issuing 1,000,000 common shares of BTU with a fair value of $0.06 per share, and incurring exploration expenditures on the property of not less than $500,000. 8. Share Capital Authorized An unlimited number of common shares without par value Common Shares In August 2024, the Company completed a private placement of 4,350,000 flow-through shares at a price of $0.12 per share for proceeds totaling $522,000. The Company estimated the fair value of the portion of the flow-through units relating to the flow-through premium at $0.01 per share, for a total of $43,500. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 20 8. Share Capital (continued) Common Shares (continued) In March 2025, the Company completed a private placement of 16,000,000 units at a price of $0.025 per unit for proceeds totaling $400,000. Each unit comprised one common share and one share purchase warrant entitling the holder to purchase an additional common share at a price of $0.05. Of the warrants issued, 10,000,000 will expire March 20, 2027 and 6,000,000 will expire March 27, 2027. The warrants include an accelerated expiry provision whereby if the closing price of the Company’s common shares is at or above $0.20 per share for a period of 10 consecutive trading days, the Company may elect to accelerate the expiry date of the warrants by delivering notice to the warrant holders and issuing a news release. The warrants will expire on the 30th calendar day after the later of the date of such notice and the date of issuance of such news release. During the six-month period ended December 31, 2025, the Company issued 4,700,000 common shares pursuant to the exercise of warrants at a price of $0.05 per share for proceeds of $235,000. Warrants A summary of the Company’s warrants outstanding as of December 31, 2025 and June 30, 2025, and the changes for the periods ending on those dates are as follows: December 31, 2025 June 30, 2025 Number of Warrants Weighted Average Exercise Price Number of Warrants Weighted Average Exercise Price Balance, beginning of period 24,000,000 $ 0.07 10,734,500 $ 0.13 Issued - - 16,000,000 0.05 Exercised or expired (4,700,000) 0.05 (2,734,500) 0.20 Balance, end of period 19,300,000 $ 0.07 24,000,000 $ 0.07 A summary of warrants outstanding as of December 31, 2025 and June 30, 2025 is as follows: Exercise Price Per Share Number of Warrants Outstanding and Exercisable Expiry Date December 31, 2025 June 30, 2025 $0.10 April 29, 2026 8,000,000 8,000,000 $0.05 March 20, 2027 8,000,000 10,000,000 $0.05 March 27, 2027 3,300,000 6,000,000 19,300,000 24,000,000 Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 21 8. Share Capital (continued) Share-Based Compensation The Company adopted, and its shareholders approved, a stock option plan whereby up to a maximum of 10% of the outstanding shares of the Company as of the date of grant are reserved for the grant and issuance of incentive stock options. Under the plan, the exercise price of an option may not be set at less than the minimum price permitted by the TSX Venture Exchange, and the options may be exercisable for up to 10 years. T --- he aggregate number of options granted to any one individual during any twelve-month period may not exceed 5% of the issued shares of the Company, or 2% in the case of consultants and investor relations representatives. Stock options granted to investor relations representatives vest in four equal quarterly amounts on each three-month anniversary following the date of the grant. A summary of the Company’s stock options as of December 31, 2025 and June 30, 2025 and the changes for the periods ending on those dates are as follows: December 31, 2025 June 30, 2025 Number of Options Weighted Average Exercise Price Weighted Average Remaining Life (Years) Number of Options Weighted Average Exercise Price Weighted Average Remaining Life (Years) Balance, beginning of period 1,990,000 $ 0.10 3.7 1,915,000 $ 0.49 1.1 Granted - - 1,550,000 0.10 Expired (250,000) 0.10 (1,475,000) 0.59 Balance, end of period 1,740,000 $ 0.11 3.0 1,990,000 $ 0.10 3.7 A summary of stock options outstanding as of December 31, 2025 and June 30, 2025 is as follows: Exercise Price Per Share Number of Stock Options Outstanding and Exercisable Expiry Date December 31, 2025 June 30, 2025 $0.10 August 13, 2025 - 250,000 $0.12 December 12, 2027 240,000 240,000 $0.12 February 10, 2028 200,000 200,000 $0.10 July 16, 2029 1,300,000 1,300,000 1,740,000 1,990,000 During the six-month period ended December 31, 2024, the Company granted options to purchase up to 1,550,000 shares at $0.10 per share until July 16, 2029. The fair value of the options was estimated using the Black-Scholes option valuation model with the following assumptions: Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 22 8. Share Capital (continued) Share-Based Compensation Total or Weighted Average 2025 2024 Number of options - 1,550,000 Estimated life (years) - 5.00 Share price at date of grant - $0.115 Option exercise price - $0.100 Risk-free interest rate - 3.32% Estimated annual volatility based on historical volatility - 96.86% Expected dividends - - Option fair value - $0.088 Value of options - $135,820 9. Related Party Transactions The following transactions with related parties have been valued in these condensed interim financial statements at the exchange amount, which is the amount of consideration established and agreed to by the parties: Key Management Compensation During the six-month period ended December 31, 2025, the Company paid and accrued: i) management and administration fees of $46,500 (2024 – nil) to a proprietorship owned by the Company’s Chief Executive Officer; ii) management and administration fees of $nil (2024 – $30,000) to a corporation controlled by the Company’s former Chief Executive Officer; iii) consulting and professional fees of $18,917 (2024 – nil) to a corporation controlled by the Company’s Chief Financial Officer; iv) management and administration fees of $nil (2024 – $4,500) to the Company’s former Chief Financial Officer; and v) management and administration fees of $18,000 (2024 – $18,000) to the Company’s Corporate Secretary. As of December 31, 2025, the Company accrued as payable $5,000 (June 30, 2025 – $5,000) to an officer of the Company in the ordinary course of business. Amounts due to related parties are without interest, unsecured and without stated terms of repayment. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An e --- xploration stage company) Notes to the Condensed Interim Financial Statements (Unaudited) December 31, 2025 and 2024 23 10. Subsequent Events In January 2026, the Company issued 1,500,000 common shares pursuant to the exercise of warrants at a price of $0.05 per share for proceeds of $75,000. Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Condensed Interim Schedule of Exploration and Evaluation Assets (Unaudited) Six month period ended December 31, 2025 West Madsen Slate Falls Red Lake Totals Acquisition costs Staking and renewals 3,052 $ 480 $ - $ 3,532 $ 3,052 480 - 3,532 Opening balance 4,968 4,025 - 8,993 8,020 4,505 - 12,525 Deferred exploration expenditures Drilling and planning - - - - Prospecting 55,516 - 3,816 59,332 Reporting and analysis 202 - - 202 55,718 - 3,816 59,534 Opening balance 512,874 1,815 20,267 534,956 568,592 1,815 24,083 594,490 Balance, December 31, 2025 576,612 $ 6,320 $ 24,083 $ 607,015 $ The accompanying Notes to the Condensed Interim Financial Statements are an integral part of these financial statements 24 Gold Finder Resources Ltd. (Formerly GoldON Resources Ltd.) (An exploration stage company) Condensed Interim Schedule of Exploration and Evaluation Assets (Unaudited) Six month period ended December 31, 2024 West Madsen Slate Falls Red Lake Totals Acquisition costs Staking and renewals 1,136 $ - $ - $ 1,136 $ 1,136 - - 1,136 Opening balance - - - - 1,136 - - 1,136 Deferred exploration expenditures Drilling and planning 441,079 - - 441,079 441,079 - - 441,079 Opening balance 34,498 - - 34,498 475,577 - - 475,577 Balance, December 31, 2024 476,713 $ - $ - $ 476,713 $ The accompanying Notes to the Condensed Interim Financial Statements are an integral part of these financial statements 25