SEDAR Interim Financial Statements

[
  {
    "companyName": "Earthwise Minerals Corp.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 34440,
      "amountsReceivable": 4316,
      "prepaidExpenses": 32917,
      "totalCurrentAssets": 71673,
      "explorationAndEvaluationAsset": 125373,
      "totalAssets": 197046,
      "accountsPayableAndAccruedLiabilities": 1114319,
      "loansAndPromissoryNotesPayable": 37953,
      "totalCurrentLiabilities": 1152272,
      "shareCapital": 5898324,
      "shareSubscriptionsReceivable": -5000,
      "contributedSurplus": 664209,
      "accumulatedDeficit": -7512759,
      "totalShareholdersDeficit": -955226,
      "totalLiabilitiesAndShareholdersDeficit": 197046,
      "cashPerShare": 0.0011,
      "workingCapitalPerShare": -0.0342
    },
    "incomeStatement": {
      "consultingFees": 98699,
      "marketing": 44070,
      "officeAndGeneral": 9885,
      "professionalFees": 69573,
      "regulatoryAndTransferAgentFee": 17626,
      "shareBasedPayments": 20700,
      "travelConferencesAndEntertainment": 11772,
      "totalExpenses": 272325,
      "interestIncome": 0,
      "penaltiesAndOtherInterestCharges": -39704,
      "netLossAndComprehensiveLoss": -312029,
      "basicAndDilutedLossPerShare": -0.01,
      "weightedAverageNumberOfCommonSharesOutstanding": 27545658
    },
    "cashFlowStatement": {
      "netLossForThePeriod": -312029,
      "shareBasedPayments": 20700,
      "penaltiesAndOtherInterestCharges": 39704,
      "changesInAmountsReceivable": 4818,
      "changesInPrepaidExpenses": -19150,
      "changesInAccountsPayableAndAccruedLiabilities": 13903,
      "cashUsedInOperatingActivities": -252054,
      "explorationExpenditures": -80758,
      "cashUsedInInvestingActivities": -80758,
      "loansAndPromissoryNoteReceived": 0,
      "loansAndPromissoryNotePaid": 0,
      "privatePlacementsProceedsNetOfCost": 266820,
      "shareSubscriptionReceived": 10000,
      "cashProvidedByFinancingActivities": 276820,
      "changeInCashDuringThePeriod": -55992,
      "cashBeginningOfPeriod": 90432,
      "cashEndOfThePeriod": 34440
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Mineral/Resource Property",
        "description": "Iron Range Gold Property - Option to acquire up to 80% interest",
        "ownershipPercentage": null,
        "value": 125373,
        "notes": "Option agreement with Eagle Plains Resources Ltd. Carrying value includes cash payments, shares issued, and exploration expenditures."
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited",
      "issuedShares": 34290615,
      "classesOfShares": ["Common shares"],
      "warrants": [
        {
          "number": 1587500,
          "exercisePrice": 0.1,
          "expiryDate": "2027-03-20"
        },
        {
          "number": 4486666,
          "exercisePrice": 0.05,
          "expiryDate": "2027-08-05"
        },
        {
          "number": 4425000,
          "exercisePrice": 0.05,
          "expiryDate": "2027-11-21"
        }
      ],
      "options": [
        {
          "number": 150000,
          "exercisePrice": 0.5,
          "expiryDate": "2027-07-07"
        },
        {
          "number": 1750000,
          "exercisePrice": 0.05,
          "expiryDate": "2030-02-11"
        },
        {
          "number": 450000,
          "exercisePrice": 0.05,
          "expiryDate": "2030-05-10"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "nineMonthsEndedDecember312025": {
          "consultingFees": 60699,
          "professionalFees": 6400,
          "marketing": 17500,
          "shareBasedPayments": 16100,
          "total": 100699
        },
        "nineMonthsEndedDecember312024": {
          "consultingFees": 80000,
          "professionalFees": 0,
          "marketing": 0,
          "shareBasedPayments": 0,
          "total": 80000
        }
      },
      "namedIndividuals": [
        {
          "name": "Mark Luchinski",
          "title": "CEO and Director",
          "period": "nineMonthsEndedDecember312025",
          "components": {
            "salary": 54000,
            "bonus": null,
            "total": 54000
          }
        },
        {
          "name": "George Yordanov",
          "title": "former VP Exploration and Director",
          "period": "nineMonthsEndedDecember312025",
          "components": {
            "salary": 6699,
            "bonus": null,
            "total": 6699
          }
        },
        {
          "name": "Ikavinder Deol",
          "title": "CFO",
          "period": "nineMonthsEndedDecember312025",
          "components": {
            "salary": 6400,
            "bonus": null,
            "total": 6400
          }
        },
        {
          "name": "Mateo Arcila",
          "title": "Director",
          "period": "nineMonthsEndedDecember312025",
          "components": {
            "salary": 17500,
            "bonus": null,
            "total": 17500
          }
        },
        {
          "name": "Patrick Morris",
          "title": "Former CEO",
          "period": "nineMonthsEndedDecember312024",
          "components": {
            "salary": 80000,
            "bonus": null,
            "total": 80000
          }
        }
      ],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Patrick Morris (via Enermetal Ventures Inc.)",
          "description": "Amounts owed included in accounts payable",
          "amount": 62948,
          "period": "As at December 31, 2025"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": null,
        "description": "Completed non-brokered private placement financing by issuing 17,194,414 non-flow through units at $0.035 for gross proceeds of $601,804. Each unit includes one common share and one warrant exercisable at $0.05 expiring February 9, 2029.",
        "impactValue": 601804
      },
      {
        "eventDate": null,
        "description": "Issued 100,000 common shares fair valued at $3,000 pursuant to the extension of an option agreement.",
        "impactValue": 3000
      }
    ]
  }
]