None
SEDAR Interim Financial Statements
GRI · Price
[
{
"companyName": "Galore Resources Inc.",
"reportingPeriodEnd": "2025-12-31",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
"2025-12-31": {
"cash": 1535,
"amountsReceivable": 5581,
"totalCurrentAssets": 7116,
"explorationAndEvaluationAssets": 12832384,
"totalAssets": 12839500,
"accountsPayableAndAccruedLiabilities": 10067148,
"advances": 222462,
"dueToRelatedParty": 756985,
"loanPayable": 159817,
"totalCurrentLiabilities": 11206412,
"shareCapital": 18597270,
"reserves": 3199887,
"deficit": -20164069,
"totalEquity": 1633088,
"totalLiabilitiesAndEquity": 12839500,
"cashPerShare": 0.0000,
"workingCapitalPerShare": -0.0632
},
"2025-03-31": {
"cash": 2899,
"amountsReceivable": 3616,
"totalCurrentAssets": 6515,
"explorationAndEvaluationAssets": 12467468,
"totalAssets": 12473983,
"accountsPayableAndAccruedLiabilities": 9159225,
"advances": 104420,
"dueToRelatedParty": 758027,
"loanPayable": 159535,
"totalCurrentLiabilities": 10181207,
"shareCapital": 18597270,
"reserves": 3199887,
"deficit": -19504381,
"totalEquity": 2292776,
"totalLiabilitiesAndEquity": 12473983
}
},
"incomeStatement": {
"threeMonthsEnded2025-12-31": {
"consulting": 6420,
"corporateDevelopmentAndInvestorRelations": 2146,
"interestExpense": 21596,
"managementFees": 85792,
"officeAndMiscellaneous": 7779,
"professionalFees": 5000,
"shareholderCommunications": 0,
"trustAndFilingFees": 15029,
"lossBeforeOtherItems": -143762,
"bonusShares": 0,
"foreignExchangeGainLoss": 52947,
"forgivenessOfDebt": 0,
"netLossAndComprehensiveLoss": -90815,
"weightedAverageShares": 177300669,
"basicAndDilutedLossPerShare": 0.00
},
"threeMonthsEnded2024-12-31": {
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"corporateDevelopmentAndInvestorRelations": 1133,
"interestExpense": 19671,
"managementFees": 86038,
"officeAndMiscellaneous": 9179,
"professionalFees": 38122,
"shareholderCommunications": 1828,
"trustAndFilingFees": 32510,
"lossBeforeOtherItems": -197301,
"bonusShares": 0,
"foreignExchangeGainLoss": -282707,
"forgivenessOfDebt": 0,
"netLossAndComprehensiveLoss": -480008,
"weightedAverageShares": 177300669,
"basicAndDilutedLossPerShare": 0.00
},
"nineMonthsEnded2025-12-31": {
"consulting": 6420,
"corporateDevelopmentAndInvestorRelations": 3247,
"interestExpense": 63053,
"managementFees": 255631,
"officeAndMiscellaneous": 18439,
"professionalFees": 69971,
"shareholderCommunications": 1624,
"trustAndFilingFees": 22988,
"lossBeforeOtherItems": -441373,
"bonusShares": 0,
"foreignExchangeGainLoss": -228943,
"forgivenessOfDebt": 10628,
"netLossAndComprehensiveLoss": -659688,
"weightedAverageShares": 177300669,
"basicAndDilutedLossPerShare": 0.00
},
"nineMonthsEnded2024-12-31": {
"consulting": 12720,
"corporateDevelopmentAndInvestorRelations": 5060,
"interestExpense": 60538,
"managementFees": 254058,
"officeAndMiscellaneous": 20043,
"professionalFees": 68488,
"shareholderCommunications": 1828,
"trustAndFilingFees": 37613,
"lossBeforeOtherItems": -460348,
"bonusShares": -5180,
"foreignExchangeGainLoss": -201861,
"forgivenessOfDebt": 0,
"netLossAndComprehensiveLoss": -667389,
"weightedAverageShares": 173119101,
"basicAndDilutedLossPerShare": 0.00
}
},
"cashFlowStatement": {
"nineMonthsEnded2025-12-31": {
"netLoss": -659688,
"interestAccrual": 63053,
"foreignExchangeGain": 228943,
"forgivenessOnDebt": -10628,
"bonusSharesIssued": 0,
"totalAdjustments": -348320,
"changeInAmountsReceivable": -1965,
"changeInPrepaidExpenses": 0,
"changeInAccountsPayable": 276853,
"netCashUsedInOperating": -103432,
"explorationAndEvaluationAssets": -28989,
"netCashUsedInInvesting": -28989,
"advancesFromRelatedParty": 13015,
"advancesFromThirdParty": 118042,
"loanPayable": 0,
"shareIssuanceCosts": 0,
"netCashFromFinancing": 131057,
"increaseInCash": -1364,
"cashBeginning": 2899,
"cashEnding": 1535
},
"nineMonthsEnded2024-12-31": {
"netLoss": -667389,
"interestAccrual": 60538,
"foreignExchangeGain": 201861,
"forgivenessOnDebt": 0,
"bonusSharesIssued": 5180,
"totalAdjustments": -399810,
"changeInAmountsReceivable": 644,
"changeInPrepaidExpenses": 11259,
"changeInAccountsPayable": 393443,
"netCashUsedInOperating": 5536,
"explorationAndEvaluationAssets": -158834,
"netCashUsedInInvesting": -158834,
"advancesFromRelatedParty": 48007,
"advancesFromThirdParty": 69273,
"loanPayable": 37168,
"shareIssuanceCosts": -2131,
"netCashFromFinancing": 152317,
"increaseInCash": -981,
"cashBeginning": 2066,
"cashEnding": 1085
}
},
"investmentsAndOtherAssets": [
{
"type": "Mineral/Resource Properties",
"description": "Dos Santos gold and base-metal property in Zacatecas, Mexico, including surface rights to Rancho Duraznillo",
"ownershipPercentage": 100,
"value": 12832384,
"notes": "Company owns 100% interest. Subject to exploration and exploitation agreement with Oztoc Metal Corporation (rescinded)."
}
],
"shareStructure": {
"authorizedShares": "Unlimited",
"issuedShares": 177300669,
"classesOfShares": ["Common Shares"],
"warrants": [],
"options": [
{
"number": 8325000,
"exercisePrice": 0.10,
"expiryDate": "2026-05-26"
},
{
"number": 7100000,
"exercisePrice": 0.10,
"expiryDate": "2027-09-08"
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": [
{
"period": "nine months ended 2025-12-31",
"components": {
"consultingFees": 6420,
"managementFees": 255631,
"total": 262051
}
},
{
"period": "nine months ended 2024-12-31",
"components": {
"consultingFees": 12720,
"managementFees": 410736,
"total": 423456
}
}
],
"namedIndividuals": [],
"otherRelatedPartyTransactions": [
{
"counterparty": "CEO of the Company",
"description": "Loan payable with accrued interest (principal USD 150,000 and USD 100,000 at 8% per annum)",
"amount": 756985,
"period": "as at 2025-12-31"
},
{
"counterparty": "CEO of the Company",
"description": "Advances received (non-interest bearing, due on demand)",
"amount": 13015,
"period": "nine months ended 2025-12-31"
},
{
"counterparty": "Officers and directors",
"description": "Accounts payable for accrued management fees and other amounts",
"amount": 3853347,
"period": "as at 2025-12-31"
}
]
},
"subsequentEvents": []
}
]