Montero Mining and Exploration Ltd.
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 |
| Cost Of Revenue | 616.00 | 615.00 | 616.00 | 447.00 | 0.00 |
| Gross Profit | -616.00 | -615.00 | -616.00 | -447.00 | 0.00 |
| Selling General And Administration | 156,128 | 191,045 | 1.4M | 22,898 | 1.7M |
| General And Administrative Expense | 156,128 | 191,045 | 1.4M | 22,898 | 1.7M |
| Other Operating Expenses | 149,486 | 59,178 | 43,126 | 58,496 | -28,722 |
| Operating Expense | 305,614 | 250,223 | 1.4M | 81,394 | 1.6M |
| Operating Income | -306,230 | -250,838 | -1.4M | -81,841 | -1.6M |
| EBIT | -306,230 | -250,838 | -1.4M | 19.8M | -1.6M |
| Interest Expense | -- | -- | -- | -2,748 | 2,333 |
| Interest Expense Non Operating | -- | -- | -- | -2,748 | 2,333 |
| Interest Income | -- | 167,867 | -- | -- | -- |
| Interest Income Non Operating | -- | 167,867 | -- | -- | -- |
| Net Interest Income | 27,105 | 167,867 | 12,550 | 2,748 | -2,333 |
| Other Income Expense | 18,489 | -611,105 | -20,801 | 19.9M | -1,486 |
| Special Income Charges | 0.00 | 251,974 | 0.00 | 19.9M | 0.00 |
| Gain On Sale Of Security | 18,489 | -863,079 | -20,801 | -13,690 | -1,486 |
| Pretax Income | -260,636 | -694,076 | -1.5M | 19.8M | -1.6M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 3.0M | 0.00 |
| Net Income From Continuing And Discontinued Operation | -260,636 | -694,076 | -1.5M | 19.8M | -1.6M |
| Net Income From Continuing Operation Net Minority Interest | -260,636 | -694,076 | -1.5M | 19.8M | -1.6M |
| Net Income Including Noncontrolling Interests | -260,636 | -694,076 | -1.5M | 19.8M | -1.6M |
| Net Income Common Stockholders | -260,636 | -694,076 | -1.5M | 19.8M | -1.6M |
| Net Income | -260,636 | -694,076 | -1.5M | 19.8M | -1.6M |
| EBITDA | -305,614 | -250,223 | -1.4M | 19.8M | -1.6M |
| Normalized EBITDA | -324,103 | 360,882 | -1.4M | -81,394 | -1.6M |
| Reconciled Depreciation | 616.00 | 615.00 | 616.00 | 447.00 | 0.00 |
| Basic EPS | -0.03 | -0.08 | -0.17 | -- | -0.21 |
| Diluted EPS | -0.03 | -0.08 | -0.17 | -- | -0.21 |
| Basic Average Shares | 8.4M | 8.4M | 8.4M | -- | 7.9M |
| Diluted Average Shares | 8.4M | 8.4M | 8.4M | -- | 7.9M |
| Total Unusual Items | 18,489 | -611,105 | -20,801 | 19.9M | -1,486 |
| Total Unusual Items Excluding Goodwill | 18,489 | -611,105 | -20,801 | 19.9M | -1,486 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 |
| Normalized Income | -279,125 | -82,971 | -1.4M | 2.9M | -1.6M |
| Diluted NI Availto Com Stockholders | -260,636 | -694,076 | -1.5M | 19.8M | -1.6M |
| Net Income Continuous Operations | -260,636 | -694,076 | -1.5M | 19.8M | -1.6M |
| Net Non Operating Interest Income Expense | 27,105 | 167,867 | 12,550 | 2,748 | -2,333 |
| Other Gand A | 144,484 | 181,170 | 1.4M | -10,269 | 212,842 |
| Other Special Charges | -- | -251,974 | -- | -20.2M | -- |
| Reconciled Cost Of Revenue | 616.00 | 615.00 | 616.00 | 447.00 | 0.00 |
| Salaries And Wages | 11,644 | 9,875 | 9,875 | 33,167 | 1.4M |
| Total Expenses | 306,230 | 250,838 | 1.4M | 81,841 | 1.6M |
| Total Other Finance Cost | -27,105 | -- | -12,550 | -- | 2,333 |
| 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 | 202,016 | 491,422 | 1.9M | 417,527 | 533,890 |
| Cash Cash Equivalents And Short Term Investments | 2.6M | 2.9M | 19.5M | 923,453 | 1.0M |
| Cash Financial | 202,016 | 491,422 | 1.9M | 417,527 | 533,890 |
| Other Short Term Investments | 2.4M | 2.4M | 17.6M | 505,926 | 500,633 |
| Receivables | 2,904 | 8,650 | 2,356 | 19.9M | 2,927 |
| Prepaid Assets | 57,871 | 43,829 | 21,003 | 42,421 | 17,305 |
| Current Assets | 2.7M | 17.9M | 19.5M | 20.9M | 1.1M |
| Gross PPE | 1.0M | 970,447 | 956,498 | 817,077 | -- |
| Accumulated Depreciation | -45,374 | -44,758 | -44,143 | -43,527 | -- |
| Net PPE | 995,548 | 925,689 | 912,355 | 773,550 | 1.0M |
| Total Non Current Assets | 995,548 | 925,689 | 912,355 | 773,550 | 1.0M |
| Total Assets | 3.7M | 18.9M | 20.4M | 21.7M | 2.1M |
| Current Debt | -- | -- | -- | 216,986 | 214,440 |
| Current Debt And Capital Lease Obligation | -- | -- | -- | 216,986 | 214,440 |
| Accounts Payable | 31,273 | 25,515 | 17,556 | 23,968 | 148,487 |
| Payables | 110,854 | 15.1M | 899,795 | 495,734 | 810,499 |
| Payables And Accrued Expenses | 172,354 | 15.1M | 943,295 | 528,734 | 863,249 |
| Current Accrued Expenses | 61,500 | 22,812 | 43,500 | 33,000 | 52,750 |
| Other Current Liabilities | -- | -- | 1.00 | -- | -- |
| Current Liabilities | 172,354 | 15.1M | 943,296 | 745,720 | 1.1M |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 172,354 | 15.1M | 943,296 | 745,720 | 1.1M |
| Common Stock | 20.5M | 20.5M | 20.5M | 20.5M | 20.4M |
| Capital Stock | 20.5M | 20.5M | 20.5M | 20.5M | 20.4M |
| Retained Earnings | -13.3M | -13.0M | -12.3M | -10.9M | -30.7M |
| Gains Losses Not Affecting Retained Earnings | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M |
| Common Stock Equity | 3.5M | 3.7M | 19.5M | 20.9M | 1.0M |
| Stockholders Equity | 3.5M | 3.7M | 19.5M | 20.9M | 1.0M |
| Total Equity Gross Minority Interest | 3.5M | 3.7M | 19.5M | 20.9M | 1.0M |
| Total Capitalization | 3.5M | 3.7M | 19.5M | 20.9M | 1.0M |
| Net Tangible Assets | 3.5M | 3.7M | 19.5M | 20.9M | 1.0M |
| Tangible Book Value | 3.5M | 3.7M | 19.5M | 20.9M | 1.0M |
| Working Capital | 2.5M | 2.8M | 18.6M | 20.2M | -22,934 |
| Invested Capital | 3.5M | 3.7M | 19.5M | 21.1M | 1.2M |
| Total Debt | -- | -- | -- | 216,986 | 214,440 |
| Net Debt | -- | -- | -- | -- | -- |
| Share Issued | 8.4M | 8.4M | 8.4M | 8.4M | 8.4M |
| Ordinary Shares Number | 8.4M | 8.4M | 8.4M | 8.4M | 8.4M |
| Dividends Payable | -- | 15.0M | -- | -- | -- |
| Dueto Related Parties Current | 79,581 | 47,995 | 882,239 | 471,766 | 662,012 |
| Foreign Currency Translation Adjustments | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M |
| Machinery Furniture Equipment | 8,458 | 8,458 | 8,458 | 8,458 | -- |
| Other Current Borrowings | -- | -- | -- | -- | 214,440 |
| Other Equity Interest | -4.7M | -4.8M | 10.3M | 10.3M | 10.3M |
| Other Properties | 1.0M | 961,989 | 948,040 | 808,619 | -- |
| Other Receivables | 2,904 | 8,650 | 2,356 | 19.9M | 2,927 |
| Restricted Cash | -- | 15.0M | -- | -- | -- |
| 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 | -163,410 | -1.4M | 18.9M | -86,345 | -235,921 |
| Cash Flow From Continuing Operating Activities | -163,410 | -1.4M | 18.9M | -86,345 | -235,921 |
| Depreciation And Amortization | 616.00 | 615.00 | 616.00 | 447.00 | 0.00 |
| Depreciation Amortization Depletion | 616.00 | 615.00 | 616.00 | 447.00 | 0.00 |
| Stock Based Compensation | -- | -- | -- | 0.00 | -- |
| Change In Working Capital | 67,736 | -876,093 | 20.4M | -20.3M | -50,315 |
| Change In Receivables | 5,746 | -6,294 | 19.9M | -19.9M | 252.00 |
| Change In Payables And Accrued Expense | 76,032 | -846,973 | 414,382 | -331,928 | -45,623 |
| Change In Payable | 76,032 | -846,973 | 414,382 | -331,928 | -45,623 |
| Other Non Cash Items | 27,105 | 196,232 | -14,183 | -4,413 | 2,332 |
| Capital Expenditure | -70,475 | -- | -- | -20,308 | -11,245 |
| Net Investment Purchase And Sale | -55,521 | 15.1M | -17.1M | 0.00 | -500,000 |
| Investing Cash Flow | -125,996 | 15.0M | -17.2M | -20,308 | -511,245 |
| Cash Flow From Continuing Investing Activities | -125,996 | 15.0M | -17.2M | -20,308 | -511,245 |
| Repayment Of Debt | 0.00 | 0.00 | -216,986 | 1,666 | -- |
| Net Issuance Payments Of Debt | 0.00 | 0.00 | -216,986 | 1,666 | -60,928 |
| Issuance Of Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 1.3M |
| Net Common Stock Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 1.3M |
| Common Stock Dividend Paid | 0.00 | -- | -- | -- | 0.00 |
| Financing Cash Flow | 0.00 | -15.0M | -216,986 | -9,710 | 1.2M |
| Cash Flow From Continuing Financing Activities | 0.00 | -15.0M | -216,986 | -9,710 | 1.2M |
| Changes In Cash | -289,406 | -1.4M | 1.4M | -116,363 | 434,753 |
| Beginning Cash Position | 491,422 | 1.9M | 417,527 | 533,890 | 99,137 |
| End Cash Position | 202,016 | 491,422 | 1.9M | 417,527 | 533,890 |
| Free Cash Flow | -233,885 | -1.5M | 18.9M | -106,653 | -247,166 |
| Asset Impairment Charge | -- | 0.00 | 0.00 | -- | -- |
| Capital Expenditure Reported | -70,475 | -- | -- | -14,936 | -11,245 |
| Cash Dividends Paid | 0.00 | -- | -- | -- | 0.00 |
| Change In Prepaid Assets | -14,042 | -22,826 | 21,418 | -18,346 | -4,944 |
| Common Stock Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 1.3M |
| Depreciation | 616.00 | 615.00 | 616.00 | 447.00 | 0.00 |
| Net Income From Continuing Operations | -260,636 | -694,076 | -1.5M | 19.8M | -1.6M |
| Net Other Financing Charges | -- | -- | -- | -11,376 | -64,406 |
| Net Other Investing Changes | -- | -- | -139,241 | -- | -- |
| Net Short Term Debt Issuance | 0.00 | 0.00 | -216,986 | 1,666 | -60,928 |
| Operating Gains Losses | -- | -- | -- | 118,893 | 0.00 |
| Short Term Debt Payments | 0.00 | 0.00 | -216,986 | 1,666 | -- |