Compensation unit options 67,375 67,375 Deficit (31,678,182) (31,302,601) 9,620,098 9,933,981 9,967,803 10,294,859 The accompanying notes are an integral part of these financial statements Approved on behalf of the board: (signed) "Norman Betts" (signed) "Errol Farr" Director Director 2. ADEX Mining Inc. Consolidated Statements of Loss, Comprehensive Loss and Deficit For the .