ESAU FS Q3 FY2026

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# ESAU FS Q3 FY2026

Source: https://esgold.com/wp-content/uploads/2026/07/ESAU-FS-Q3-FY2026.pdf
Published: 2026-07-01T00:00:00+00:00
Fetched: 2026-09-06T10:59:26.24+00:00
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## Content

# ESAU FS Q3 FY2026
ESGold Corp.
CONSOLIDATED INTERIM FINANCIAL STATEMENTS
(Expressed in Canadian Dollars)
(Unaudited)
FOR THE NINE-MONTH PERIODS ENDED MARCH 31, 2026 AND 2025
NOTICE OF NO AUDITOR REVIEW OF
INTERIM FINANCIAL STATEMENTS
Under National Instrument 51-102, Part 4, subsection 4.3 (3) (a), if an auditor has not performed a review of the
interim financial statements, they must be accompanied by a notice indicating that an auditor has not reviewed the
financial statements.
The accompanying unaudited consolidated interim financial statements of the Company have been prepared by and
are the responsibility of the Company’s management.
The Company’s independent auditor has not performed a review of these financial statements in accordance with
standards established by the Chartered Professional Accountants of Canada for a review of interim financial
statements by an entity’s auditor.
ESGOLD CORP.
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(Unaudited: Expressed in Canadian Dollars)
AS AT MARCH 31, 2026 AND JUNE 30, 2025
Nature and continuance of operations (Note 1)
Subsequent events (Note 14)
Approved and authorized by the Board on May 28, 2026.
“Peter Espig” Director “Paul Mastantuono” Director
Peter Espig Paul Mastantuono
The accompanying notes are an integral part of these consolidated interim financial statements.
ESGOLD CORP.
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(Unaudited: Expressed in Canadian Dollars)
FOR THE NINE-MONTH PERIODS ENDED MARCH 31, 2026 AND 2025
The accompanying notes are an integral part of these consolidated interim financial statements.
ESGOLD CORP.
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
(Unaudited: Expressed in Canadian Dollars)
AS AT MARCH 31, 2026 AND JUNE 30, 2025
The accompanying notes are an integral part of these consolidated interim financial statements.
ESGOLD CORP.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited: Expressed in Canadian Dollars)
FOR THE NINE-MONTH PERIODS ENDED MARCH 31, 2026 AND 2025
The accompanying notes are an integral part of these consolidated interim financial statements.
ESGOLD CORP.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Unaudited: Expressed in Canadian Dollars)
FOR THE NINE-MONTH PERIOD ENDED MARCH 31, 2026
1. NATURE OF OPERATIONS AND GOING CONCERN
ESGold Corp. (the “Company”) is an exploration stage company which was incorporated under the Canada Business
Corporations Act on October 22, 2004. On November 29, 2021, the Company was continued to the governing
jurisdiction of British Columbia and on July 14, 2022, the Company changed its name from Secova Metals Corp. to
ESGold Corp.
The Company’s head office and registered office is Royal Centre, 1500 - 1055 West Georgia Street, Vancouver,
British Columbia, Canada. The Company’s records office is Royal Centre, 1500 - 1055 West Georgia Street,
Vancouver, British Columbia, Canada.
The Company is in the process of acquiring and evaluating potential exploration projects in Canada. The recoverability
of amounts for resource properties and related deferred exploration costs are dependent upon the existence of
economically recoverable reserves, the ability of the Company to obtain necessary financing to complete the
development of those reserves and upon future profitable production.
During the year ended June 30, 2024, the Company completed a share consolidation of ten (10) old common shares
for one (1) new common share. All common share and per share amounts have been retroactively restated to present
the share consolidation.
These consolidated financial statements have been prepared in accordance with IFRS Accounting Standards (“IFRS”)
with the assumption that the Company will be able to realize its assets and discharge its liabilities in the normal course
of business rather than through a process of forced liquidation. The Company has incurred losses from inception and
does not currently have the financial resources to sustain operations in the long-term. While the Company has been
successful in obtaining its required funding in the past, there is no assurance that such future financing will be available
or be available on favourable terms. An inability to raise additional financing may impact the future assessment of the
Company as a going concern. These material uncertainties may cast significant doubt about the ability of the Company
to continue as a going concern. There are many external factors that can adversely affect general workforces,
economies and financial markets globally. It is not possible for the Company to predict the duration or magnitude of
adverse results of such external factors and its effect on the Company’s business or ability to raise capital.
The consolidated financial statements do not include adjustments to amounts and classifications of assets and liabilities
that might be necessary should the Company be unable to continue operations. Continued operations of the Company
are dependent on the Company's ability to receive financial support, necessary financings, or generate profitable
operations in the future.
2. BASIS OF PREPARATION
Statement of Compliance
These consolidated financial statements, including comparatives, have been prepared using accounting policies
consistent with IFRS as issued by the International Accounting Standards Board (“IASB”).
These consolidated financial statements were authorized and approved by the Board of Directors on May 28, 2026.
Use of Estimates
The preparation of these consolidated financial statements in conformity with IFRS requires management to make
certain estimates, judgements and assumptions that affect the reported amounts of assets and liabilities at the date of
the financial statements and the reported revenues and expenses during the period. Actual results could differ from
these estimates.
ESGOLD CORP.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Unaudited: Expressed in Canadian Dollars)
FOR THE NINE-MONTH PERIOD ENDED MARCH 31, 2026
2. BASIS OF PREPARATION (Continued)
Significant assumptions about the future and other sources of estimation and judgement uncertainty that management
has made at the end of the reporting period, that could result in a material adjustment to the carrying amounts of assets
and liabilities in the event that actual results differ from assumptions made, relate to:
The Company uses significant judgement in assessing for signs of impairment on the exploration and evaluation assets.
Management has determined that exploration, evaluation and related costs incurred which were capitalized may have
future economic benefits and may be economically recoverable. Management uses several criteria in its assessments
of economic recoverability and probability of future economic benefits including geologic and other technical
information, history of conversion of mineral deposits with similar characteristics to its own properties to proven and
probable mineral reserves, scoping and feasibility studies, accessible facilities and existing permits.
The valuation of shares issued in non-cash transactions. Generally, the valuation of non-cash transactions is based on
the value of the good or services received. When this cannot be determined, it is based on the fair value of the non-
cash consideration. When non-cash transactions are entered into with employees and those providing similar services,
the non-cash transactions are measured at the fair value of the consideration given up using market prices.
The determination of deferred tax assets and liabilities is inherently complex and requires making certain estimates
and assumptions about future events. While income tax filings are subject to audits and reassessments, the Company
has adequately provided for all income tax obligations. However, changes in facts and circumstances as a result of
income tax audits, reassessments, jurisprudence, and any new legislation may result in an increase or decrease in our
provision for income taxes.
Share-based payments are subject to estimation of the value of the award at the date of grant using pricing models
such as the Black-Scholes option valuation model. The option valuation model requires the input of highly subjective
assumptions including the expected stock price volatility. Because the Company’s stock options have characteristics
significantly different from those of traded options and because the subjective input assumptions can materially affect
the calculated fair value, such value is subject to measurement uncertainty.
The Company utilizes significant judgement in assessing its compliance with relevant flow through financing tax
requirements including the determination of qualified eligible expenditures to reduce flow through spending
obligations.
The Company’s asset retirement obligation represents management’s best estimate of the present value of the future
cash outflows required to settle the liabilities, which reflects estimates of future costs, inflation, and assumptions of
risks associated with the future cash outflows, and the applicable risk free interest rates for discounting the future cash
outflows. Changes in the above estimates and assumptions can result in changes to the provisions recognized by the
Company.
ESGOLD CORP.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Unaudited: Expressed in Canadian Dollars)
FOR THE NINE-MONTH PERIOD ENDED MARCH 31, 2026
3. MATERIAL ACCOUNTING POLICY INFORMATION
Basis of consolidation
These consolidated financial statements include the financial statements of the Company and the wholly-owned
entities controlled by the Company, including 1084409 B.C. Ltd, 1106632 B.C. Ltd, 1095252 B.C. Ltd, 1107136 B.C.
Ltd. and 1106541 B.C. Ltd. which are all inactive. Control exists when the Company has the power, directly or
indirectly, to govern the financial and operating policies of an entity so as to obtain benefits from its activities.
The financial statements of the subsidiaries are included in the consolidated financial statements from the date that
control commences until the date that control ceases. All significant intercompany transactions and balances have
been eliminated.
Exploration and evaluation assets
Pre-exploration costs are expensed as incurred. Costs related to the acquisition and exploration of mineral properties
are capitalized by property until the commencement of commercial production. If commercially profitable ore reserves
are developed, capitalized costs of the related property are reclassified as mining assets and amortized using the unit
of production method. If, after management review, it is determined that capitalized acquisition, exploration and
evaluation costs are not recoverable over the estimated economic life of the property, or the property is abandoned,
or management deems there to be an impairment in value, the property is written down to its net realizable value.
Any option payments received by the Company from third parties or tax credits refunded to the Company are credited
to the capitalized cost of the mineral property. If payments received exceed the capitalized cost of the mineral property,
the excess is recognized as income in the year received. The amounts shown for exploration and evaluation assets do
not necessarily represent present or future values. Their recoverability is dependent upon the discovery of
economically recoverable reserves, the ability of the Company to obtain the necessary financing to complete the
development, and future profitable production or proceeds from the disposition thereof.
Financial instruments
Financial assets
On initial recognition, financial assets are recognized at fair value and are subsequently classified and measured at:
(i) amortized cost; (ii) fair value through other com

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