SEDAR Interim Financial Statements

[ { "companyName": "Golden Ridge Resources Ltd.", "reportingPeriodEnd": "2025-12-31", "reportStatus": "Unaudited", "auditorName": null, "auditorKeyMatters": [], "balanceSheet": { "cashAndCashEquivalents": 82751, "receivables": 11456, "prepaids": 19009, "loanReceivable": 464190, "marketableSecurities": 1893985, "totalCurrentAssets": 2471391, "equipment": 193200, "prepaidsNonCurrent": 17500, "reclamationBond": 37500, "rightOfUseAssets": 60707, "explorationAndEvaluationAssets": 3199751, "totalAssets": 5980049, "tradeAndOtherPayables": 64316, "leaseLiabilitiesCurrent": null, "nonCurrentLeaseLiabilities": 79868, "totalLiabilities": 144184, "shareCapital": 19891230, "contributedSurplus": 2751283, "accumulatedOtherComprehensiveLoss": 947584, "accumulatedDeficit": -17754232, "totalShareholdersEquity": 5835865, "cashPerShare": 0.0014, "workingCapitalPerShare": 0.0411, "weightedAverageSharesOutstanding": 58541320 }, "incomeStatement": { "totalExpenses": 280374, "interestIncome": 19359, "dividendIncome": 6340, "financingCosts": -3880, "netOtherIncome": 21819, "netLoss": 258555, "basicAndDilutedLossPerShare": 0.00, "weightedAverageSharesOutstanding": 58541320 }, "cashFlowStatement": { "netLoss": 258555, "depreciation": 38090, "financingCosts": 3880, "changesInReceivables": 16959, "changesInPrepaids": -2437, "changesInTradePayables": -53171, "cashUsedInOperatingActivities": -255234, "loanReceivableAdvances": -18288, "prepaidsInvesting": 1916, "proceedsFromSaleOfMarketableSecurities": 284951, "purchaseOfMarketableSecurities": -189604, "cashProvidedByInvestingActivities": 78975, "netDecreaseInCash": -176259, "cashBeginningOfPeriod": 259010, "cashEndOfPeriod": 82751 }, "investmentsAndOtherAssets": [ { "type": "Marketable Securities", "description": "Fireweed Zinc Ltd. common shares", "ownershipPercentage": null, "value": 1070450, "notes": "395,000 shares" }, { "type": "Marketable Securities", "description": "Kingfisher Metals Corp. common shares", "ownershipPercentage": null, "value": 310450, "notes": "1,128,910 shares" }, { "type": "Marketable Securities", "description": "Mutual funds", "ownershipPercentage": null, "value": 513086, "notes": "Managed funds" }, { "type": "Loan Receivable", "description": "Loan to MM Group Ltda.", "ownershipPercentage": null, "value": 464190, "notes": "8% interest, secured, extended maturity" }, { "type": "Mineral/Resource Properties", "description": "Williams Gold Property, Newfoundland", "ownershipPercentage": 100, "value": 3199751, "notes": "100% interest, subject to 2% NSR" }, { "type": "Mineral/Resource Properties", "description": "Hank Property, British Columbia", "ownershipPercentage": 100, "value": null, "notes": "100% interest, subject to 2% NSR to Lac Properties, option agreement with Kingfisher" } ], "shareStructure": { "authorizedShares": "Unlimited", "issuedShares": 58541320, "classesOfShares": ["Common Shares"], "warrants": [], "options": [ { "number": 830000, "exercisePrice": 0.32, "expiryDate": "2026-07-14" }, { "number": 1000000, "exercisePrice": 0.13, "expiryDate": "2027-06-10" }, { "number": 200000, "exercisePrice": 0.13, "expiryDate": "2028-02-01" } ], "rightsConvertibleInstruments": null }, "managementCompensation": { "currency": "CAD", "periods": { "2025-07-01 to 2025-12-31": { "consultingFees": 92550, "directorFees": 12000, "administrationFees": 16608, "total": 121158 }, "2024-07-01 to 2024-12-31": { "consultingFees": 94425, "directorFees": 12000, "administrationFees": 23888, "total": 130313 } }, "namedIndividuals": [ { "name": "Michael Blady", "title": "President, CEO, Director", "period": "2025-07-01 to 2025-12-31", "components": { "salary": null, "bonus": null, "consulting": 62400, "total": 62400 } }, { "name": "Michael Blady", "title": null, "period": "2024-07-01 to 2024-12-31", "components": { "salary": null, "bonus": null, "consulting": 52000, "total": 52000 } }, { "name": "CFO (Minco)", "title": "Chief Financial Officer", "period": "2025-07-01 to 2025-12-31", "components": { "salary": null, "bonus": null, "consulting": 30150, "total": 30150 } }, { "name": "CFO (Minco)", "title": null, "period": "2024-07-01 to 2024-12-31", "components": { "salary": null, "bonus": null, "consulting": 42425, "total": 42425 } }, { "name": "L. Nagy", "title": "Director", "period": "2025-07-01 to 2025-12-31", "components": { "salary": null, "bonus": null, "directorFees": 6000, "total": 6000 } }, { "name": "L. Nagy", "title": null, "period": "2024-07-01 to 2024-12-31", "components": { "salary": null, "bonus": null, "directorFees": 6000, "total": 6000 } }, { "name": "W. Lindqvist", "title": "Director", "period": "2025-07-01 to 2025-12-31", "components": { "salary": null, "bonus": null, "directorFees": 6000, "total": 6000 } }, { "name": "W. Lindqvist", "title": null, "period": "2024-07-01 to 2024-12-31", "components": { "salary": null, "bonus": null, "directorFees": 6000, "total": 6000 } } ], "otherRelatedPartyTransactions": [ { "counterparty": "Pacwest Management Ltd.", "description": "Administration fees (family of CFO)", "amount": 16608, "period": "2025-07-01 to 2025-12-31" }, { "counterparty": "Minco Corporate Management Inc.", "description": "Administration and accounting services", "amount": 23888, "period": "2024-07-01 to 2024-12-31" }, { "counterparty": "BruMar Holdings", "description": "Rent and expenses for exploration office", "amount": 11400, "period": "2025-07-01 to 2025-12-31" }, { "counterparty": "BruMar Holdings", "description": "Rent and expenses for exploration office", "amount": 6300, "period": "2024-07-01 to 2024-12-31" } ] }, "subsequentEvents": [ { "eventDate": null, "description": "Discussions to further extend the loan repayment maturity date beyond February 14, 2026 with MMG Vendors.", "impactValue": null } ] } ]