Nickel North Exploration Corp.
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 | 85,145 | 54,215 | 72,220 | 71,508 | 47,096 |
| General And Administrative Expense | 85,145 | 54,215 | 72,220 | 71,508 | 47,096 |
| Other Operating Expenses | 2,395 | 3,370 | 10,279 | 2,200 | 14,065 |
| Operating Expense | 87,540 | 57,585 | 82,499 | 73,708 | 61,161 |
| Operating Income | -87,540 | -57,585 | -82,499 | -73,708 | -61,161 |
| EBIT | -87,540 | -57,585 | -82,499 | -61,708 | -61,161 |
| Interest Expense | 21,896 | 61,392 | 59,405 | 63,779 | 61,242 |
| Interest Expense Non Operating | 21,896 | 61,392 | 59,405 | 63,779 | 61,242 |
| Interest Income | -- | -- | -- | 0.00 | 0.00 |
| Interest Income Non Operating | -- | -- | -- | 0.00 | 0.00 |
| Net Interest Income | -21,896 | -61,392 | -59,405 | -63,779 | -61,242 |
| Pretax Income | -109,436 | -118,977 | -141,904 | -125,487 | -122,403 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -109,436 | -118,977 | -141,904 | -114,335 | -122,403 |
| Net Income From Continuing Operation Net Minority Interest | -109,436 | -118,977 | -141,904 | -114,335 | -122,403 |
| Net Income Including Noncontrolling Interests | -109,436 | -118,977 | -141,904 | -114,335 | -122,403 |
| Net Income Common Stockholders | -109,436 | -118,977 | -141,904 | -114,335 | -122,403 |
| Net Income | -109,436 | -118,977 | -141,904 | -114,335 | -122,403 |
| EBITDA | -87,540 | -57,585 | -82,499 | -61,708 | -61,161 |
| Normalized EBITDA | -87,540 | -57,585 | -82,499 | -61,708 | -61,161 |
| Basic EPS | -0.00 | -0.00 | -0.00 | -- | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -- | -0.00 |
| Basic Average Shares | 103.9M | 100.4M | 102.3M | -- | 100.4M |
| Diluted Average Shares | 103.9M | 100.4M | 102.3M | -- | 100.4M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -109,436 | -118,977 | -141,904 | -114,335 | -122,403 |
| Diluted NI Availto Com Stockholders | -109,436 | -118,977 | -141,904 | -114,335 | -122,403 |
| Net Income Continuous Operations | -109,436 | -118,977 | -141,904 | -114,335 | -122,403 |
| Net Non Operating Interest Income Expense | -21,896 | -61,392 | -59,405 | -63,779 | -61,242 |
| Other Gand A | 85,145 | 54,215 | 72,220 | 71,508 | 47,096 |
| Salaries And Wages | -- | -- | -- | 0.00 | 0.00 |
| Total Expenses | 87,540 | 57,585 | 82,499 | 73,708 | 61,161 |
| 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 | 44,679 | 85,057 | 141,635 | 15,053 | 13,753 |
| Cash Cash Equivalents And Short Term Investments | 44,679 | 85,057 | 141,635 | 15,053 | 13,753 |
| Receivables | 10,987 | 7,486 | 15,780 | 11,630 | 8,537 |
| Prepaid Assets | 15,405 | 3,471 | 2,617 | 3,727 | 5,336 |
| Current Assets | 71,071 | 96,014 | 160,032 | 30,410 | 27,626 |
| Total Non Current Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 71,071 | 96,014 | 160,032 | 30,410 | 27,626 |
| Current Debt | 2.5M | 2.5M | 2.5M | 2.4M | 2.3M |
| Current Debt And Capital Lease Obligation | 2.5M | 2.5M | 2.5M | 2.4M | 2.3M |
| Accounts Payable | 418,306 | 350,343 | 351,397 | 336,440 | 263,127 |
| Payables | 418,306 | 350,343 | 351,397 | 336,440 | 263,127 |
| Payables And Accrued Expenses | 502,244 | 431,718 | 430,210 | 412,690 | 337,815 |
| Current Accrued Expenses | 83,938 | 81,375 | 78,813 | 76,250 | 74,688 |
| Current Liabilities | 3.0M | 3.0M | 2.9M | 2.8M | 2.7M |
| Long Term Debt | 9,015 | 14,138 | 21,690 | 28,916 | 62,588 |
| Long Term Debt And Capital Lease Obligation | 9,015 | 14,138 | 21,690 | 28,916 | 62,588 |
| Total Non Current Liabilities Net Minority Interest | 9,015 | 14,138 | 21,690 | 28,916 | 73,740 |
| Total Liabilities Net Minority Interest | 3.1M | 3.0M | 2.9M | 2.8M | 2.7M |
| Common Stock | 12.3M | 12.3M | 12.3M | 12.1M | 12.1M |
| Capital Stock | 12.3M | 12.3M | 12.3M | 12.1M | 12.1M |
| Additional Paid In Capital | 818,506 | 818,506 | 818,506 | 818,506 | 818,506 |
| Retained Earnings | -16.1M | -16.0M | -15.9M | -15.7M | -15.6M |
| Common Stock Equity | -3.0M | -2.9M | -2.8M | -2.8M | -2.7M |
| Stockholders Equity | -3.0M | -2.9M | -2.8M | -2.8M | -2.7M |
| Total Equity Gross Minority Interest | -3.0M | -2.9M | -2.8M | -2.8M | -2.7M |
| Total Capitalization | -3.0M | -2.9M | -2.7M | -2.8M | -2.6M |
| Net Tangible Assets | -3.0M | -2.9M | -2.8M | -2.8M | -2.7M |
| Tangible Book Value | -3.0M | -2.9M | -2.8M | -2.8M | -2.7M |
| Working Capital | -3.0M | -2.9M | -2.7M | -2.8M | -2.6M |
| Invested Capital | -431,173 | -335,704 | -270,178 | -382,280 | -321,341 |
| Total Debt | 2.6M | 2.5M | 2.5M | 2.4M | 2.4M |
| Net Debt | 2.5M | 2.5M | 2.3M | 2.4M | 2.4M |
| Share Issued | 105.4M | 105.4M | 105.4M | 100.4M | 100.4M |
| Ordinary Shares Number | 105.4M | 105.4M | 105.4M | 100.4M | 100.4M |
| Non Current Deferred Liabilities | -- | -- | -- | 0.00 | 11,152 |
| Non Current Deferred Taxes Liabilities | -- | -- | -- | 0.00 | 11,152 |
| Other Current Borrowings | 2.5M | 2.5M | 2.5M | 2.4M | 2.3M |
| Taxes Receivable | 10,987 | 7,486 | 15,780 | 11,630 | 8,537 |
| 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 | -33,123 | -49,409 | -68,913 | 3,656 | -33,331 |
| Cash Flow From Continuing Operating Activities | -33,123 | -49,409 | -68,913 | 3,656 | -33,331 |
| Stock Based Compensation | -- | -- | -- | 0.00 | 0.00 |
| Change In Working Capital | 55,092 | 8,948 | 14,480 | 73,393 | 29,575 |
| Change In Receivables | -3,501 | 8,294 | -4,150 | -3,092 | -2,380 |
| Change In Payables And Accrued Expense | 70,527 | 1,508 | 17,520 | 74,876 | 36,475 |
| Change In Payable | 70,527 | 1,508 | 17,520 | 74,876 | 36,475 |
| Other Non Cash Items | 21,221 | 60,620 | 58,511 | 55,750 | 59,497 |
| Investing Cash Flow | -- | -- | -- | 0.00 | 0.00 |
| Cash Flow From Continuing Investing Activities | -- | -- | -- | 0.00 | 0.00 |
| Issuance Of Debt | 0.00 | -- | -- | 0.00 | 0.00 |
| Repayment Of Debt | -7,255 | -- | -- | -- | 0.00 |
| Net Issuance Payments Of Debt | -7,255 | -7,169 | -4,505 | -2,356 | 0.00 |
| Issuance Of Capital Stock | 0.00 | 0.00 | 200,000 | -- | 0.00 |
| Net Common Stock Issuance | 0.00 | 0.00 | 200,000 | -- | 0.00 |
| Financing Cash Flow | -7,255 | -7,169 | 195,495 | -2,356 | 0.00 |
| Cash Flow From Continuing Financing Activities | -7,255 | -7,169 | 195,495 | -2,356 | 0.00 |
| Changes In Cash | -40,378 | -56,578 | 126,582 | 1,300 | -33,331 |
| Beginning Cash Position | 85,057 | 141,635 | 15,053 | 13,753 | 47,084 |
| End Cash Position | 44,679 | 85,057 | 141,635 | 15,053 | 13,753 |
| Free Cash Flow | -33,123 | -49,409 | -68,913 | 3,656 | -33,331 |
| Change In Prepaid Assets | -11,934 | -854.00 | 1,110 | 1,609 | -4,520 |
| Common Stock Issuance | 0.00 | 0.00 | 200,000 | -- | 0.00 |
| Long Term Debt Payments | -7,255 | -- | -- | -- | 0.00 |
| Net Income From Continuing Operations | -109,436 | -118,977 | -141,904 | -114,335 | -122,403 |
| Net Long Term Debt Issuance | -7,255 | -7,169 | -4,505 | -102,356 | 100,000 |