Note 17 – Subsequent events

Management evaluated subsequent events through the date these financial statements were issued and concluded that no events subsequent to March 31, 2026 have occurred that would require recognition or disclosure except as noted below.

Subsequent to quarter-end, between April 1, 2026, and April 14, 2026, our Chief Executive Officer, Chet Billingsley, purchased an additional 6,900 shares of the Company’s common stock on the open market at an average price of $0.060 per share. Such share purchases are reported on Form 4s filed with the Securities and Exchange Commission within two business days of the transaction date in accordance with Section 16(a) of the Securities and Exchange Act of 1934.

Subsequent to the quarter-end, effective April 3, 2026, 11 Series Q Convertible Preferred Shares owned by our Chief Executive Officer, Chet Billingsley, were elected to be converted into 5,906,107 shares of the Company’s Common Stock at the Series Q Conversion Value of $347,279 at a Common Stock conversion price of $0.0588 per Common Share. The conversion was reported on Form 4 filed with the Securities and Exchange Commission within two business days of the transaction date in accordance with Section 16(a) of the Securities and Exchange Act of 1934.

Subsequent to year-end, on April 6, 2026, the Company initiated futures trading with a test minimum May 2026 one-hundred-ounce silver contract and a test minimum June 2026 one-ounce gold contract.

Subsequent to quarter-end, on April 16, 2026, the Company sold one kilogram of gold bullion for $148,329, at a $49,886 realized gain.

Subsequent to quarter end, the Company received a total of $13,464 in royalty interest payments, gross, which, after payment of $662 in severance taxes paid by the Company, were $12,802, net, which represents a portion of the royalty income earned by the Company in February, 2026.