AURYN Mining : Financial Statement

AURYN MINING

Financial Statements

June 30, 2022 and 2021

C O N T E N T S

Balance Sheets ..............................................................................................................................................	3
Statements of Operations.............................................................................................................................	4
Statements of Stockholders' Equity (Deficit) ...............................................................................................	5
Statements of Cash Flows.............................................................................................................................	7
Notes to the Financial Statements................................................................................................................	8

AURYN MINING
Balance Sheets
(unaudited)
ASSETS
		June 30, 2022		June 30, 2021
CURRENT ASSETS
Cash and cash equivalents	$	-	$	-
Total Current Assets		-		-
INTANGIBLE ASSETS
Mining concessions, net		40,800,000		42,400,000
Total Other Assets		40,800,000		42,400,000
TOTAL ASSETS	$	40,800,000	$	42,400,000
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES
Accounts payable	$	-	$	-
Accounts payable - Related Party		79,346		62,947
Total Current Liabilities		79,346		62,947
STOCKHOLDERS' EQUITY
Preferred stock (Par $0.001), 5,000 authorized,
5,000 and 5,000 issued and outstanding		5		5
Common stock (Par $0.001), 100,000,000 authorized,
70,000,000 and 70,000,000 issued and outstanding		70,000		70,000
Paid in capital in excess of par value		3,273,228		3,273,228
Retained income		37,377,421		38,993,820
Total Stockholders' Equity		40,720,654		42,337,053
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	40,800,000	$	42,400,000

The accompanying financials were not subject to an audit, review, or compilation.

The accompanying notes are an integral part of these financial statements.

3

AURYN MINING

Statements of Operations

(unaudited)

		For the six			For the six
		months ended			months ended
		June 30, 2022			June 30, 2021
INCOME	$	-	$	-
OPERATING EXPENSES
Amortization expense		800,000			800,000
Professional fees		8,625			7,743
Total Operating Expenses		808,625			807,743
NET INCOME (LOSS)	$	(808,625)	$	(807,743)

The accompanying financials were not subject to an audit, review, or compilation.

The accompanying notes are an integral part of these financial statements.

4

AURYN MINING

Statement of Stockholders' Equity

(unaudited)

												Paid in
												Capital in						Total
	Preferred Stock		Common Stock			Excess of			Retained		Stockholders'
	Shares			Amount		Shares			Amount			Par Value			Income			Equity
Balance, December 31, 2021	5,000	$	5	70,000,000	$	70,000	$	3,273,228	$	38,186,046	$	41,529,279
Net loss for the six months
ended June 30, 2022	-			-		-			-			-			(808,625)			(808,625)
Balance, June, 30 2022	5,000	$	5	70,000,000	$	70,000	$	3,273,228	$	37,377,421	$	40,720,654

The accompanying financials were not subject to an audit, review, or compilation.

The accompanying notes are an integral part of these financial statements.

5