Reported Earnings • May 05
Full year 2025 earnings released: CA$0.014 loss per share (vs CA$0.004 loss in FY 2024) Full year 2025 results: CA$0.014 loss per share (further deteriorated from CA$0.004 loss in FY 2024). Net loss: CA$4.98m (loss widened 263% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Announcement • Jan 01
Whitemud Resources Inc. Announces Executive Changes Whitemud Resources Inc. announced the appointment of Andrew Dickson as President, effective January 1, 2026. Andrew Dickson graduated from the University of Waterloo with a Bachelor of Applied Science in Mechanical Engineering and from Queen’s University with an MBA. He has over thirty-five years of experience in diverse industries, including petrochemicals, oil and gas, natural gas liquids midstream, cement manufacture, power generation and industrial wastewater treatment. He has also worked in business development and project management for an ENR top 10 design and contracting firm, delivering a variety of solutions, including ongoing process improvement and project design and delivery. Since 2021, Mr. Dickson has been instrumental in successfully reconfiguring the Gollier Creek Plant to employ a flash calciner process to produce high quality cementitious metakaolin from Whitemud’s clay deposits at Gollier Creek. Mr. Dickson replaces David Storoshenko, who has provided support and guidance in this position since 2011. Mr. Dickson replaces David Storoshenko, who has provided support and guidance in this positon since 2011. Whitemud, and its CEO, Stan Owerko, would like to thank Mr. Storoshenko for supporting him and the management team during this period of transition. Reported Earnings • Nov 30
Third quarter 2025 earnings released: CA$0.004 loss per share (vs CA$0.003 loss in 3Q 2024) Third quarter 2025 results: CA$0.004 loss per share (further deteriorated from CA$0.003 loss in 3Q 2024). Net loss: CA$1.34m (loss widened 28% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. 
