SAO — South Atlantic Gold Balance Sheet

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Annual balance sheet for South Atlantic Gold, fiscal year end - February 28th, CAD millions except per share, conversion factor applied.

	2021 February 28th	2022 February 28th	2023 February 28th	2024 February 29th	2025 February 28th
Period Length:	—	—	—	—	—
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Cash
Cash and Short Term Investments	1.09	1.27	0.019	0.235	0.226
Net Total Accounts Receivable
Net Total Receivables	0.012	0.009	0.012	0.017	0.02
Prepaid Expenses
Total Current Assets	1.13	1.31	0.033	0.253	0.262
Gross Property, Plant And Equipment
Accumulated Depreciation
Net Property, Plant And Equipment	2.25	3.33	4.1	3.83	3.33
Other Long Term Assets
Total Assets	3.39	4.69	4.17	4.1	3.61
Accounts Payable
Payable / Accrued
Notes Payable / Short Term Debt
Total Other Current Liabilities
Total Current Liabilities	0.485	0.403	0.286	0.466	0.243
Total Long Term Debt
Total Debt
Total Liabilities	0.485	0.403	0.286	0.466	0.243
Common Stock
Additional Paid In Capital
Retained Earnings (Accumulated Deficit)
Other Equity
Total Equity	2.9	4.29	3.89	3.63	3.37
Total Liabilities & Shareholders' Equity	3.39	4.69	4.17	4.1	3.61
Total Common Shares Outstanding