American Copper Development : Q3 2025 Interim Financial Statements – FS

About this update from American Copper Development Corporation

AMERICAN COPPER DEVELOPMENT CORPORATION CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS SEPTEMBER 30, 2025 (Expressed in Canadian Dollars) NOTICE TO READER Pursuant to National Instrument 51-102, Part 4, subsection 4.3(3)(a) issued by the Canadian Securities Administrators, if an auditor has not performed a review of condensed interim consolidated financial statements, they must be accompanied by a notice indicating that the condensed interim consolidated financial statements have not been reviewed by an auditor. The condensed interim consolidated financial statements of the Company for the quarter ending September 30, 2025, have been prepared by and are the responsibility of the Company's management. The Company's independent auditors have not performed a review of these condensed interim consolidated financial statements in accordance with the standards established by the Chartered Professional Accountants of Canada for a review of condensed interim financial statements by an entity's auditor. CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Unaudited) (Expressed in Canadian Dollars) September 30, 2025 December 31, 2024 ASSETS Current Cash $ 738,210 $ 100,428 Prepaids (Note 4) 7,507 1,756 Receivables (Note 6) 8,575 18,211 754,292 120,395 Reclamation bond (Note 5) 103,839 103,839 Exploration and evaluation assets (Note 3) 1 1 $ 858,132 $ 224,235 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable and accrued liabilities (Note 3, 7 and 8) $ 464,639 $ 555,876 464,639 555,876 Shareholders' equity Share capital (Note 9) 20,719,980 19,515,324 Contributed surplus (Note 9) 683,273 683,273 Deficit (21,009,760) (20,530,238) 393,493 (331,641) $ 858,132 $ 224,235 Nature and Continuance of Operations (Note 1) On behalf of the Board: "Anthony Paterson" Director "Ali Pickett" Director The accompanying notes are an integral part of these condensed interim consolidated financial statements. CONDENSED INTERIM CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS (Unaudited) (Expressed in Canadian Dollars) Three Months Three Months Nine Months Nine Months Ended Ended Ended Ended September 30, September 30, September 30, September 30, 2025 2024 2025 2024 EXPENSES Consulting fees $ 31,500 $ 78,278 $ 55,567 $ 240,938 Investor relations 1,750 1,040 2,468 13,098 Office 10,795 13,961 18,113 34,223 Professional fees 25,347 20,464 56,689...

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