Laurion Mineral Exploration Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 327,988 | 978,526 | 563,319 | 665,184 |
| General And Administrative Expense | 327,988 | 978,526 | 563,319 | 665,184 |
| Other Operating Expenses | 3.5M | 2.5M | 4.2M | 3.2M |
| Operating Expense | 3.9M | 3.6M | 4.7M | 3.9M |
| Operating Income | -3.9M | -3.6M | -4.7M | -3.9M |
| EBIT | -3.9M | -3.6M | -4.7M | -3.9M |
| Interest Income | 448,383 | 386,305 | 0.00 | -- |
| Interest Income Non Operating | 448,383 | 386,305 | 0.00 | -- |
| Net Interest Income | 448,383 | 386,305 | 0.00 | -- |
| Other Income Expense | 497,096 | 82,493 | 58,640 | 151,103 |
| Other Non Operating Income Expenses | 382,286 | 42,677 | 16,877 | 151,103 |
| Gain On Sale Of Security | 114,810 | 39,816 | 41,763 | -- |
| Pretax Income | -2.9M | -3.1M | -4.7M | -3.7M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -2.9M | -3.1M | -4.7M | -3.7M |
| Net Income From Continuing Operation Net Minority Interest | -2.9M | -3.1M | -4.7M | -3.7M |
| Net Income Including Noncontrolling Interests | -2.9M | -3.1M | -4.7M | -3.7M |
| Net Income Common Stockholders | -2.9M | -3.1M | -4.7M | -3.7M |
| Net Income | -2.9M | -3.1M | -4.7M | -3.7M |
| EBITDA | -3.9M | -3.6M | -4.7M | -3.9M |
| Normalized EBITDA | -4.0M | -3.6M | -4.8M | -3.9M |
| Basic EPS | -0.01 | -0.01 | -0.02 | -0.02 |
| Diluted EPS | -0.01 | -0.01 | -0.02 | -0.02 |
| Basic Average Shares | 267.4M | 258.1M | 252.4M | 223.1M |
| Diluted Average Shares | 267.4M | 258.1M | 252.4M | 223.1M |
| Total Unusual Items | 114,810 | 39,816 | 41,763 | -- |
| Total Unusual Items Excluding Goodwill | 114,810 | 39,816 | 41,763 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -3.0M | -3.1M | -4.7M | -3.7M |
| Diluted NI Availto Com Stockholders | -2.9M | -3.1M | -4.7M | -3.7M |
| Net Income Continuous Operations | -2.9M | -3.1M | -4.7M | -3.7M |
| Net Non Operating Interest Income Expense | 448,383 | 386,305 | 0.00 | -- |
| Other Gand A | 289,136 | 891,373 | 337,820 | 268,335 |
| Other Taxes | 45,180 | 39,852 | -2,227 | 1,906 |
| Salaries And Wages | 38,852 | 87,153 | 225,499 | 396,849 |
| Total Expenses | 3.9M | 3.6M | 4.7M | 3.9M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 6.1M | 6.5M | 7.5M | 6.9M |
| Cash Cash Equivalents And Short Term Investments | 6.1M | 6.5M | 7.5M | 6.9M |
| Cash Financial | -- | 6.5M | 7.5M | 6.9M |
| Other Short Term Investments | 28,980 | 0.00 | -- | -- |
| Accounts Receivable | -- | 262,240 | 63,621 | 50,545 |
| Receivables | 261,946 | 262,240 | 63,621 | 50,545 |
| Prepaid Assets | 90,430 | 51,827 | 37,909 | 156,715 |
| Current Assets | 10.2M | 9.4M | 9.2M | 9.9M |
| Total Non Current Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 10.2M | 9.4M | 9.2M | 9.9M |
| Payables And Accrued Expenses | 143,002 | 169,873 | 107,853 | 182,070 |
| Other Current Liabilities | 480,340 | 317,326 | -- | 16,877 |
| Current Liabilities | 623,342 | 487,199 | 107,853 | 198,947 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 623,342 | 487,199 | 107,853 | 198,947 |
| Common Stock | 45.3M | 41.6M | 38.6M | 34.2M |
| Capital Stock | 45.3M | 41.6M | 38.6M | 34.2M |
| Additional Paid In Capital | 4.4M | 4.4M | 4.5M | 4.4M |
| Retained Earnings | -42.5M | -39.6M | -36.5M | -31.9M |
| Common Stock Equity | 9.6M | 8.9M | 9.1M | 9.7M |
| Stockholders Equity | 9.6M | 8.9M | 9.1M | 9.7M |
| Total Equity Gross Minority Interest | 9.6M | 8.9M | 9.1M | 9.7M |
| Total Capitalization | 9.6M | 8.9M | 9.1M | 9.7M |
| Net Tangible Assets | 9.6M | 8.9M | 9.1M | 9.7M |
| Tangible Book Value | 9.6M | 8.9M | 9.1M | 9.7M |
| Working Capital | 9.6M | 8.9M | 9.1M | 9.7M |
| Invested Capital | 9.6M | 8.9M | 9.1M | 9.7M |
| Share Issued | 273.5M | 263.3M | 256.8M | 247.1M |
| Ordinary Shares Number | 273.5M | 263.3M | 256.8M | 247.1M |
| Accrued Interest Receivable | 115,484 | 107,290 | -- | -- |
| Other Equity Interest | 2.4M | 2.4M | 2.5M | 3.0M |
| Restricted Cash | 3.8M | 2.5M | 1.6M | 2.9M |
| Taxes Receivable | 146,462 | 154,950 | -- | -- |
| Treasury Shares Number | -- | 0.00 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.4M | -3.1M | -4.4M | -3.6M |
| Cash Flow From Continuing Operating Activities | -3.4M | -3.1M | -4.4M | -3.6M |
| Stock Based Compensation | 38,852 | 87,153 | 189,249 | 288,656 |
| Change In Working Capital | -65,181 | -150,517 | 31,513 | -87,301 |
| Change In Receivables | 294.00 | -198,619 | -13,076 | 78,804 |
| Change In Payables And Accrued Expense | -26,872 | 62,020 | -74,217 | -86,728 |
| Other Non Cash Items | -382,286 | 91,180 | 41,123 | -59,267 |
| Sale Of Investment | 25,831 | 12,316 | 48,155 | 0.00 |
| Net Investment Purchase And Sale | 25,831 | 12,316 | 48,155 | 0.00 |
| Investing Cash Flow | 25,831 | 12,316 | 48,155 | 0.00 |
| Cash Flow From Continuing Investing Activities | 25,831 | 12,316 | 48,155 | 0.00 |
| Issuance Of Capital Stock | 4.3M | 2.9M | 2.0M | 4.6M |
| Net Common Stock Issuance | 4.3M | 2.9M | 2.0M | 4.6M |
| Financing Cash Flow | 4.1M | 3.0M | 3.8M | 10.6M |
| Cash Flow From Continuing Financing Activities | 4.1M | 3.0M | 3.8M | 10.6M |
| Changes In Cash | 762,446 | -62,474 | -605,804 | 7.0M |
| Beginning Cash Position | 9.0M | 9.1M | 9.7M | 2.7M |
| End Cash Position | 9.8M | 9.0M | 9.1M | 9.7M |
| Free Cash Flow | -3.4M | -3.1M | -4.4M | -3.6M |
| Change In Prepaid Assets | -38,603 | -13,918 | 118,806 | -79,377 |
| Common Stock Issuance | 4.3M | 2.9M | 2.0M | 4.6M |
| Gain Loss On Investment Securities | -56,070 | -12,316 | -48,155 | -- |
| Net Income From Continuing Operations | -2.9M | -3.1M | -4.7M | -3.7M |
| Net Other Financing Charges | -312,224 | -78,214 | -92,350 | -233,160 |
| Operating Gains Losses | -56,070 | -12,316 | -48,155 | -- |
| Proceeds From Stock Option Exercised | 142,500 | 193,943 | 1.9M | 6.3M |
| Unrealized Gain Loss On Investment Securities | 1,260 | 0.00 | -- | -- |