None
SEDAR Interim Financial Statements
MINE · Price
[
{
"companyName": "Inomin Mines Inc.",
"reportingPeriodEnd": "2025-12-31",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
"cashAndCashEquivalents": 746907,
"deferredConsideration": 150000,
"prepayments": 19499,
"receivables": 29561,
"totalCurrentAssets": 945967,
"explorationAndEvaluationAssets": 790075,
"equipment": 26102,
"securityDepositsOnExplorationAndEvaluationAssets": 60886,
"totalNonCurrentAssets": 877063,
"totalAssets": 1823030,
"accountsPayableAndAccruedLiabilities": 78490,
"dueToJointVenturePartner": 446841,
"flowThroughPremiumLiability": null,
"totalLiabilities": 525331,
"shareCapital": 3190962,
"reserve": 631913,
"deficit": -2525176,
"totalEquity": 1297699,
"totalLiabilitiesAndEquity": 1823030,
"cashPerShare": 0.0152,
"workingCapitalPerShare": 0.0086
},
"incomeStatement": {
"filingFees": 19318,
"insurance": 8850,
"interestAndBankCharges": 1075,
"managementFees": 45000,
"marketingAndInvestorCommunications": 15842,
"officeCosts": 3000,
"professionalFees": 80891,
"shareBasedCompensation": 77344,
"travelCosts": 370,
"totalOperatingExpenses": -251690,
"flowThroughPremiumLiabilityRecovery": 3320,
"foreignExchangeLoss": -802,
"gainOnSaleOfTheSubsidiary": 33083,
"interestIncome": 1081,
"lossOnSecurities": null,
"inominOperatorFees": 116847,
"netLossBeforeIncomeTaxes": -98161,
"incomeTaxExpense": -87500,
"netLossAndComprehensiveLossForThePeriod": -185661,
"lossPerCommonShareBasicAndFullyDiluted": -0.00,
"weightedAverageNumberOfCommonSharesOutstanding": 46798388
},
"cashFlowStatement": {
"netLossAndComprehensiveLossForThePeriod": -185661,
"gainOnSaleOfTheSubsidiary": -33083,
"shareBasedCompensation": 77344,
"lossOnSecurities": null,
"flowThroughPremiumRecovery": -3320,
"interestIncome": -1081,
"unrealisedForeignExchangeLoss": -565,
"receivables": 37577,
"deposit": null,
"prepayments": -11924,
"accountsPayableAndAccruedLiabilities": -50131,
"netCashUsedInOperatingActivities": -170844,
"jointVentureCash": 421315,
"netExplorationRecoveriesCosts": 95834,
"proceedsFromSaleOfTheSubsidiaryNetOfTax": 150000,
"subsidiarysCashAndCashEquivalentsDisposedOf": -282,
"proceedsFromSaleOfSecurities": null,
"netCashProvidedByInvestingActivities": 666867,
"fundsReceivedOnPrivatePlacementsNetOfFindersFees": 204979,
"netCashProvidedByFinancingActivities": 204979,
"changeInCashAndCashEquivalentsForThePeriod": 701002,
"impactOfForeignExchange": -529,
"cashAndCashEquivalentsAtBeginningOfPeriod": 46434,
"cashAndCashEquivalentsAtTheEndOfPeriod": 746907
},
"investmentsAndOtherAssets": [
{
"type": "Mineral/Resource Property",
"description": "Beaver-Lynx Property (nickel-magnesium properties in British Columbia). Joint Venture with Sumitomo Metal Mining Canada Ltd.",
"ownershipPercentage": 100,
"value": 790075,
"notes": "Company is operator; Sumitomo can earn up to 80% interest via expenditure milestones."
},
{
"type": "Royalty",
"description": "1% NSR on the King's Point Project (including claims within 3km perimeter)",
"ownershipPercentage": null,
"value": null,
"notes": "Held on mineral claims acquired by Maritime Resources Corp."
},
{
"type": "Marketable Securities",
"description": "Not explicitly detailed in current period; prior period had securities.",
"ownershipPercentage": null,
"value": null,
"notes": "Mentioned in income statement (loss on securities) but not on balance sheet as of Dec 31, 2025."
}
],
"shareStructure": {
"authorizedShares": "unlimited",
"issuedShares": 49018552,
"classesOfShares": ["common shares without par value"],
"warrants": [
{
"number": 849000,
"exercisePrice": 0.10,
"expiryDate": "2026-05-28"
},
{
"number": 4028192,
"exercisePrice": 0.13,
"expiryDate": "2026-05-29"
},
{
"number": 307800,
"exercisePrice": 0.10,
"expiryDate": "2026-07-23"
},
{
"number": 2140000,
"exercisePrice": 0.10,
"expiryDate": "2027-12-20"
},
{
"number": 7003550,
"exercisePrice": 0.05,
"expiryDate": "2027-07-04"
}
],
"options": [
{
"number": 1025000,
"exercisePrice": 0.10,
"expiryDate": "2026-10-05"
},
{
"number": 100000,
"exercisePrice": 0.38,
"expiryDate": "2027-03-30"
},
{
"number": 1400000,
"exercisePrice": 0.08,
"expiryDate": "2028-07-03"
},
{
"number": 450000,
"exercisePrice": 0.05,
"expiryDate": "2029-08-12"
},
{
"number": 300000,
"exercisePrice": 0.05,
"expiryDate": "2029-11-07"
},
{
"number": 500000,
"exercisePrice": 0.05,
"expiryDate": "2029-11-18"
},
{
"number": 830000,
"exercisePrice": 0.09,
"expiryDate": "2030-11-07"
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"threeMonthsEndedDec312025": {
"managementFees": 15000,
"professionalFees": 13500,
"explorationAndEvaluationAssetExpenditures": null,
"shareBasedCompensation": 54496,
"total": 82996
},
"threeMonthsEndedDec312024": {
"managementFees": 15000,
"professionalFees": 13500,
"explorationAndEvaluationAssetExpenditures": null,
"shareBasedCompensation": 12600,
"total": 41100
},
"nineMonthsEndedDec312025": {
"managementFees": 45000,
"professionalFees": 40500,
"explorationAndEvaluationAssetExpenditures": 1000,
"shareBasedCompensation": 54496,
"total": 140996
},
"nineMonthsEndedDec312024": {
"managementFees": 45000,
"professionalFees": 40500,
"explorationAndEvaluationAssetExpenditures": 1000,
"shareBasedCompensation": 20510,
"total": 107010
}
},
"namedIndividuals": [
{
"name": "CEO (via Oro Grande Capital)",
"title": "Chief Executive Officer",
"period": "nineMonthsEndedDec312025",
"components": {
"salary": 45000,
"bonus": null,
"total": 45000
}
},
{
"name": "Corporate Secretary (via A. Shack Enterprises Inc.)",
"title": "Corporate Secretary",
"period": "nineMonthsEndedDec312025",
"components": {
"salary": 18000,
"bonus": null,
"total": 18000
}
},
{
"name": "CFO (via Avisar Everyday Solutions Ltd.)",
"title": "Chief Financial Officer",
"period": "nineMonthsEndedDec312025",
"components": {
"salary": 22500,
"bonus": null,
"total": 22500
}
}
],
"otherRelatedPartyTransactions": [
{
"counterparty": "Directors",
"description": "Geological consulting fees earned from Sumitomo under the Joint Venture",
"amount": 131050,
"period": "nineMonthsEndedDec312025"
},
{
"counterparty": "Avisar Everyday Solutions Ltd. (CFO's company)",
"description": "Professional fees earned from Sumitomo under the Joint Venture",
"amount": 9500,
"period": "nineMonthsEndedDec312025"
}
]
},
"subsequentEvents": [
{
"eventDate": "2026-02-19",
"description": "Financial statements approved and authorized for issue by the Board of Directors",
"impactValue": null
}
]
}
]
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