SEDAR Interim Financial Statements

[
  {
    "companyName": "Winshear Gold Corp.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 472936,
      "receivablesAndPrepaids": 66707,
      "investments": 0,
      "totalAssets": 539643,
      "tradeAndOtherPayables": 71006,
      "totalLiabilities": 71006,
      "shareCapital": 30621676,
      "reserves": 12115365,
      "deficit": -42268404,
      "totalShareholdersEquity": 468637,
      "totalLiabilitiesAndShareholdersEquity": 539643,
      "cashPerShare": 0.0118,
      "workingCapitalPerShare": 0.0116
    },
    "incomeStatement": {
      "explorationExpenses": 997639,
      "filingAndTransferAgentFees": 26751,
      "professionalFees": 84232,
      "marketing": 58303,
      "generalAndAdministration": 50915,
      "salariesAndConsulting": 257831,
      "shareBasedPayment": 76482,
      "totalOperatingExpenses": -1552153,
      "interestIncome": 21742,
      "foreignExchangeLossGain": -69585,
      "gainOnInvestments": 2685,
      "netLoss": -1597311,
      "basicLossPerShare": -0.04,
      "basicWeightedAverageSharesOutstanding": 40262753
    },
    "cashFlowStatement": {
      "lossForPeriod": -1597311,
      "unrealizedForeignExchange": 38978,
      "unrealizedGainOnInvestments": -2685,
      "shareBasedPayment": 76482,
      "sharesIssuedForExplorationExpense": 14000,
      "changesInReceivablesAndPrepaids": -4001,
      "changesInTradeAndOtherPayables": -104528,
      "cashUsedInOperatingActivities": -1579065,
      "proceedsFromDisposalOfMarketableSecurities": 5685,
      "cashFromInvestingActivities": 5685,
      "proceedsFromPrivatePlacement": 758000,
      "shareIssuanceCosts": -36551,
      "cashFromFinancingActivities": 721449,
      "effectOfForeignExchangeOnCash": -38978,
      "changeInCash": -890909,
      "cashBeginning": 1363845,
      "cashEnd": 472936
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Marketable Securities",
        "description": "Bronco Resources Corporation - disposed during period",
        "ownershipPercentage": null,
        "value": 0,
        "notes": "Disposed for cash proceeds of $5,685 resulting in a gain of $2,685"
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited common shares without par value",
      "issuedShares": 44251965,
      "classesOfShares": ["Common shares"],
      "warrants": [
        {
          "number": 6655667,
          "exercisePrice": 0.12,
          "expiryDate": "2027-06-24"
        }
      ],
      "options": [
        {
          "number": 1850000,
          "exercisePrice": 0.13,
          "expiryDate": "2029-08-27"
        },
        {
          "number": 250000,
          "exercisePrice": 0.13,
          "expiryDate": "2030-07-25"
        },
        {
          "number": 1600000,
          "exercisePrice": 0.13,
          "expiryDate": "2030-10-22"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": [
        {
          "periodEnd": "2025-12-31",
          "salariesAndBenefits": 277000,
          "shareBasedPayment": 75186,
          "professionalFees": 70432,
          "total": 352186
        }
      ],
      "namedIndividuals": [
        {
          "name": "Key Management Personnel",
          "title": "Directors and Officers",
          "period": "2025-12-31",
          "components": {
            "salary": 277000,
            "bonus": 0,
            "total": 352186
          }
        }
      ],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Palamina Corp.",
          "description": "Reimbursement for shared exploration expenditures on Peru properties",
          "amount": 0,
          "period": "2025-12-31"
        },
        {
          "counterparty": "Officer (legal fees)",
          "description": "Legal fees owed",
          "amount": 17182,
          "period": "2025-12-31"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": null,
        "description": "Private placement of 25,000,000 units at $0.10 per unit for gross proceeds of $2,500,000. Each unit consists of one common share and one half warrant (full warrant exercisable at $0.20 until March 2, 2029). Issued 459,000 finder warrants.",
        "impactValue": 2500000
      }
    ]
  }
]