Pacific Booker Minerals Inc. - Interim Financial Statements for the Nine Month Period Ended October 31, 2025
Pacific Booker Minerals Inc. presents its unaudited condensed interim financial statements for the nine-month period ended October 31, 2025. The company is in the advanced exploration stage with no operating revenue and relies on financing for its operations. The financial statements are prepared on a going concern basis, but significant uncertainties exist regarding the company's ability to continue operations due to recurring losses and negative cash flows. The company is focused on the exploration of its mineral property interests, primarily the Morrison claims in British Columbia. Significant exploration and evaluation costs have been capitalized, but an impairment allowance was recorded in 2022 due to the refusal of an Environmental Assessment Certificate. The company is currently in the design stage of exploration and evaluation for the Morrison property. As of October 31, 2025, the company reported total assets of $869,780 and total liabilities of $1,182,800, resulting in a total equity deficit of $313,020. The net loss for the nine-month period ended October 31, 2025, was $661,445.