Laurion Mineral Exploration Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 252,093 | 51,099 | 75,697 | 87,377 | 118,837 |
| General And Administrative Expense | 252,093 | 51,099 | 75,697 | 87,377 | 118,837 |
| Other Operating Expenses | 1.9M | 786,063 | 722,843 | 1.1M | 485,817 |
| Operating Expense | 2.2M | 874,033 | 826,611 | 1.2M | 612,191 |
| Operating Income | -2.2M | -874,033 | -826,611 | -1.2M | -612,191 |
| EBIT | -2.2M | -874,033 | -826,611 | -1.2M | -612,191 |
| Interest Income | 61,319 | 71,297 | 77,767 | 101,946 | 111,492 |
| Interest Income Non Operating | 61,319 | 71,297 | 77,767 | 101,946 | 111,492 |
| Net Interest Income | 61,319 | 71,297 | 77,767 | 101,946 | 111,492 |
| Other Income Expense | 211,950 | 127,311 | 97,870 | 154,394 | 45,409 |
| Other Non Operating Income Expenses | 211,950 | 67,311 | 64,912 | 125,414 | 45,409 |
| Gain On Sale Of Security | -- | 60,000 | 32,958 | 28,980 | -- |
| Pretax Income | -1.9M | -675,425 | -650,974 | -959,492 | -455,290 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -1.9M | -675,425 | -650,974 | -959,492 | -455,290 |
| Net Income From Continuing Operation Net Minority Interest | -1.9M | -675,425 | -650,974 | -959,492 | -455,290 |
| Net Income Including Noncontrolling Interests | -1.9M | -675,425 | -650,974 | -959,492 | -455,290 |
| Net Income Common Stockholders | -1.9M | -675,425 | -650,974 | -959,492 | -455,290 |
| Net Income | -1.9M | -675,425 | -650,974 | -959,492 | -455,290 |
| EBITDA | -2.2M | -874,033 | -826,611 | -1.2M | -612,191 |
| Normalized EBITDA | -2.2M | -934,033 | -859,569 | -1.2M | -612,191 |
| Basic EPS | -0.01 | -0.00 | -0.00 | -- | -0.00 |
| Diluted EPS | -0.01 | -0.00 | -0.00 | -- | -0.00 |
| Basic Average Shares | 274.1M | 273.7M | 273.5M | -- | 267.3M |
| Diluted Average Shares | 274.1M | 273.7M | 273.5M | -- | 267.3M |
| Total Unusual Items | -- | 60,000 | 32,958 | 28,980 | -- |
| Total Unusual Items Excluding Goodwill | -- | 60,000 | 32,958 | 28,980 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -1.9M | -735,425 | -683,932 | -988,472 | -455,290 |
| Diluted NI Availto Com Stockholders | -1.9M | -675,425 | -650,974 | -959,492 | -455,290 |
| Net Income Continuous Operations | -1.9M | -675,425 | -650,974 | -959,492 | -455,290 |
| Net Non Operating Interest Income Expense | 61,319 | 71,297 | 77,767 | 101,946 | 111,492 |
| Other Gand A | 202,950 | 43,962 | 68,955 | 77,194 | 103,236 |
| Other Taxes | 21,141 | 36,871 | 28,071 | 4,810 | 7,537 |
| Salaries And Wages | 49,143 | 7,137 | 6,742 | 10,183 | 15,601 |
| Total Expenses | 2.2M | 874,033 | 826,611 | 1.2M | 612,191 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 5.6M | 5.7M | 6.1M | 6.1M | 6.2M |
| Cash Cash Equivalents And Short Term Investments | 5.6M | 5.7M | 6.1M | 6.1M | 6.2M |
| Other Short Term Investments | 0.00 | 0.00 | 0.00 | 28,980 | -- |
| Receivables | 430,087 | 257,218 | 186,867 | 261,946 | 318,637 |
| Prepaid Assets | 72,817 | 211,147 | 133,216 | 90,430 | 144,207 |
| Current Assets | 7.1M | 8.9M | 9.7M | 10.2M | 8.9M |
| Total Non Current Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 7.1M | 8.9M | 9.7M | 10.2M | 8.9M |
| Payables And Accrued Expenses | 463,447 | 175,359 | 348,377 | 143,002 | 167,451 |
| Other Current Liabilities | 136,168 | 348,119 | 415,429 | 480,340 | 265,364 |
| Current Liabilities | 599,615 | 523,478 | 763,806 | 623,342 | 432,815 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 599,615 | 523,478 | 763,806 | 623,342 | 432,815 |
| Common Stock | 45.5M | 45.5M | 45.3M | 45.3M | 43.2M |
| Capital Stock | 45.5M | 45.5M | 45.3M | 45.3M | 43.2M |
| Additional Paid In Capital | 4.4M | 4.3M | 4.4M | 4.4M | 4.4M |
| Retained Earnings | -45.8M | -43.9M | -43.2M | -42.5M | -41.6M |
| Common Stock Equity | 6.5M | 8.3M | 8.9M | 9.6M | 8.4M |
| Stockholders Equity | 6.5M | 8.3M | 8.9M | 9.6M | 8.4M |
| Total Equity Gross Minority Interest | 6.5M | 8.3M | 8.9M | 9.6M | 8.4M |
| Total Capitalization | 6.5M | 8.3M | 8.9M | 9.6M | 8.4M |
| Net Tangible Assets | 6.5M | 8.3M | 8.9M | 9.6M | 8.4M |
| Tangible Book Value | 6.5M | 8.3M | 8.9M | 9.6M | 8.4M |
| Working Capital | 6.5M | 8.3M | 8.9M | 9.6M | 8.4M |
| Invested Capital | 6.5M | 8.3M | 8.9M | 9.6M | 8.4M |
| Share Issued | 274.1M | 274.0M | 273.5M | 273.5M | 267.8M |
| Ordinary Shares Number | 274.1M | 274.0M | 273.5M | 273.5M | 267.8M |
| Accrued Interest Receivable | 198,524 | 164,338 | 97,231 | 115,484 | 264,436 |
| Other Equity Interest | 2.4M | 2.4M | 2.4M | 2.4M | 2.4M |
| Restricted Cash | 975,879 | 2.7M | 3.2M | 3.8M | 2.2M |
| Taxes Receivable | 231,563 | 92,880 | 89,636 | 146,462 | 54,201 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -1.8M | -1.1M | -474,434 | -1.0M | -535,674 |
| Cash Flow From Continuing Operating Activities | -1.8M | -1.1M | -474,434 | -1.0M | -535,674 |
| Stock Based Compensation | 49,143 | 7,137 | 6,742 | 10,183 | 15,601 |
| Change In Working Capital | 253,548 | -321,300 | 237,668 | 86,018 | -50,576 |
| Change In Receivables | -172,869 | -70,351 | 75,079 | 56,691 | 32,877 |
| Change In Payables And Accrued Expense | 288,087 | -173,018 | 205,375 | -24,450 | 7,341 |
| Other Non Cash Items | -211,950 | -67,310 | -64,912 | -125,414 | -45,409 |
| Sale Of Investment | 0.00 | 0.00 | 31,939 | 0.00 | 0.00 |
| Net Investment Purchase And Sale | 0.00 | 0.00 | 31,939 | 0.00 | 0.00 |
| Investing Cash Flow | 0.00 | 0.00 | 31,939 | 0.00 | 0.00 |
| Cash Flow From Continuing Investing Activities | 0.00 | 0.00 | 31,939 | 0.00 | 0.00 |
| Issuance Of Capital Stock | 0.00 | -- | -- | 2.6M | 0.00 |
| Net Common Stock Issuance | 0.00 | -- | -- | 2.6M | 0.00 |
| Financing Cash Flow | 19,550 | -- | -- | 2.4M | 96,500 |
| Cash Flow From Continuing Financing Activities | 19,550 | -- | -- | 2.4M | 96,500 |
| Changes In Cash | -1.8M | -968,944 | -442,495 | 1.4M | -439,174 |
| Beginning Cash Position | 8.4M | 9.4M | 9.8M | 8.4M | 8.8M |
| End Cash Position | 6.6M | 8.4M | 9.4M | 9.8M | 8.4M |
| Free Cash Flow | -1.8M | -1.1M | -474,434 | -1.0M | -535,674 |
| Change In Prepaid Assets | 138,330 | -77,931 | -42,786 | 53,777 | -90,794 |
| Common Stock Issuance | 0.00 | -- | -- | 2.6M | 0.00 |
| Gain Loss On Investment Securities | 0.00 | 0.00 | -2,958 | -30,240 | 0.00 |
| Net Income From Continuing Operations | -1.9M | -675,426 | -650,974 | -959,492 | -455,290 |
| Net Other Financing Charges | -- | -- | -- | -181,414 | 0.00 |
| Operating Gains Losses | 0.00 | 0.00 | -2,958 | -30,240 | 0.00 |
| Proceeds From Stock Option Exercised | 19,550 | -- | -- | 0.00 | 96,500 |
| Unrealized Gain Loss On Investment Securities | -- | 0.00 | 0.00 | -- | -- |