None
SEDAR Interim Financial Statements
AAZ · Price
[
{
"companyName": "Azincourt Energy Corp.",
"reportingPeriodEnd": "2025-12-31",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
"cashAndCashEquivalents": 1925549,
"amountsReceivable": 37145,
"prepaidExpenses": 421643,
"totalCurrentAssets": 2386337,
"investment": 70892,
"mineralProperties": 5559785,
"totalAssets": 8194990,
"accountsPayableAndAccruedLiabilities": 213970,
"flowThroughShareLiability": 200000,
"totalCurrentLiabilities": 413970,
"totalLiabilities": 413970,
"shareCapital": 31653686,
"reserves": 16515126,
"deficit": -40567768,
"totalShareholdersEquity": 6478421,
"totalLiabilitiesAndEquity": 8194990,
"cashPerShare": 0.0257,
"workingCapitalPerShare": 0.0264
},
"incomeStatement": {
"auditAndAccounting": 12937,
"communicationAndMedia": 23451,
"consultingAndDirectorsFees": 129220,
"explorationAndEvaluationCostsNetOfRecoveries": 73184,
"filingAndTransferAgentFees": 12581,
"insurance": 2961,
"investorRelations": 3659,
"legal": 9447,
"marketing": 265903,
"officeAndAdministration": 16014,
"propertyInvestigationCost": 3150,
"rent": 7500,
"shareBasedCompensation": 27582,
"totalExpenses": 587589,
"administrationIncome": 16,
"interestIncome": 3740,
"realizedGainOnSaleOfMarketableSecurities": 0,
"unrealizedLossOnMarketableSecurities": 0,
"otherIncome": 0,
"lossAndComprehensiveLossForThePeriod": -583833,
"lossPerShareBasicAndDiluted": 0,
"weightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted": 74760489
},
"cashFlowStatement": {
"lossForThePeriod": -583833,
"dilutionOfJointVentureInterest": -68,
"shareBasedCompensation": 27582,
"otherIncome": 0,
"realizedGainOnSaleOfMarketableSecurities": 0,
"unrealizedLossOnMarketableSecurities": 0,
"changeInAmountsReceivable": 23587,
"changeInPrepaidExpenses": -40225,
"changeInAccountsPayableAndAccruedLiabilities": -139946,
"cashUsedInOperations": -712903,
"investments": -70894,
"proceedsFromSaleOfMarketableSecurities": 0,
"mineralPropertyAcquisitionCosts": 0,
"cashUsedInInvesting": -70894,
"proceedsFromIssuanceOfShares": 2031000,
"shareIssuanceCosts": -139288,
"cashProvidedByFinancing": 1891712,
"changeInCashAndCashEquivalents": 1107917,
"cashAndCashEquivalentsBeginningOfPeriod": 817632,
"cashAndCashEquivalentsEndOfPeriod": 1925549
},
"investmentsAndOtherAssets": [
{
"type": "Investment",
"description": "35,714 common shares of a privately held company",
"ownershipPercentage": null,
"value": 70892,
"notes": "Purchased for US$50,000 (C$70,892). Fair value approximates cost. Long-term financial asset."
},
{
"type": "Mineral Property",
"description": "East Preston Property, Saskatchewan, Canada",
"ownershipPercentage": 86.5,
"value": 4320177,
"notes": "Option agreement with Skyharbour Resources Ltd. and Dixie Gold Inc. Subject to 2% NSR royalty."
},
{
"type": "Mineral Property",
"description": "Snegamook Project, Newfoundland, Canada",
"ownershipPercentage": 100,
"value": 763966,
"notes": "Option agreement with BR Corporation Pty Ltd. Subject to 2% NSR royalty."
},
{
"type": "Mineral Property",
"description": "Harrier Project, Newfoundland, Canada",
"ownershipPercentage": 100,
"value": 475642,
"notes": "Assignment and Amendment Agreement with Koba Resources Limited and Uranidor Resource Limited. Subject to 0.5% NSR royalty."
}
],
"shareStructure": {
"authorizedShares": "Unlimited",
"issuedShares": 121679658,
"classesOfShares": ["Common shares without par value"],
"warrants": [
{
"number": 2085393,
"exercisePrice": 1.05,
"expiryDate": "2026-01-19"
},
{
"number": 1185199,
"exercisePrice": 1.05,
"expiryDate": "2026-01-26"
},
{
"number": 4705066,
"exercisePrice": 1.05,
"expiryDate": "2026-03-03"
},
{
"number": 5358895,
"exercisePrice": 0.3,
"expiryDate": "2026-12-21"
},
{
"number": 1108214,
"exercisePrice": 0.3,
"expiryDate": "2026-12-29"
},
{
"number": 1885726,
"exercisePrice": 0.3,
"expiryDate": "2027-04-22"
},
{
"number": 9866721,
"exercisePrice": 0.3,
"expiryDate": "2027-11-25"
},
{
"number": 8720487,
"exercisePrice": 0.3,
"expiryDate": "2028-07-15"
},
{
"number": 846666,
"exercisePrice": 0.3,
"expiryDate": "2028-08-11"
},
{
"number": 7133332,
"exercisePrice": 0.3,
"expiryDate": "2028-11-21"
},
{
"number": 21690000,
"exercisePrice": 0.07,
"expiryDate": "2028-12-23"
}
],
"options": [
{
"number": 200000,
"exercisePrice": 0.75,
"expiryDate": "2026-01-05"
},
{
"number": 83333,
"exercisePrice": 0.75,
"expiryDate": "2026-08-05"
},
{
"number": 726667,
"exercisePrice": 1.05,
"expiryDate": "2026-12-24"
},
{
"number": 833333,
"exercisePrice": 0.3,
"expiryDate": "2027-07-15"
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"2025": {
"consultingAndDirectorsFees": 55500,
"explorationAndEvaluationCosts": 38850,
"propertyInvestigationCosts": 3150,
"shareBasedPayments": 13418,
"total": 110918
},
"2024": {
"consultingAndDirectorsFees": 73500,
"explorationAndEvaluationCosts": 30271,
"propertyInvestigationCosts": 12144,
"shareBasedPayments": 21397,
"total": 137312
}
},
"namedIndividuals": [],
"otherRelatedPartyTransactions": [
{
"counterparty": "Companies controlled by family members of an officer and director",
"description": "Communication and media expenses",
"amount": 9000,
"period": "2025"
},
{
"counterparty": "Companies controlled by family members of an officer and director",
"description": "Consulting fees",
"amount": 7500,
"period": "2025"
}
]
},
"subsequentEvents": [
{
"eventDate": null,
"description": "Issued 2,499,998 common shares and 187,500 common shares as finders’ fee in connection with the Snegamook property.",
"impactValue": null
}
]
}
]
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Jun 11, 2026 · 18:42