Company: GNTOF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001062993-25-008252
Chunk: 53

Company: GENTOR RESOURCES INC.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 19
Chunk 53
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 XBRL Instance Document                                                              
  101. SCH      Inline XBRL Taxonomy Extension Schema Document                                             
  101. CAL      Inline XBRL Taxonomy Extension Calculation Linkbase Document                               
  101. DEF      Inline XBRL Taxonomy Extension Definition Linkbase Document                                
  101. LAB      Inline XBRL Taxonomy Extension Label Linkbase Document                                     
  101. PRE      Inline XBRL Taxonomy Extension Presentation Linkbase Document                              
  104           Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).  

SIGNATURES

The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this annual report on its behalf.

Date: April 30, 2025.

GENTOR RESOURCES INC.

(Registrant)

By:_(signed)"Arnold T. Kondrat"

Arnold T. Kondrat

President and Chief Executive Officer

-43-

GENTOR RESOURCES INC.

CONSOLIDATED FINANCIAL STATEMENTS

As at December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022

(Stated in US dollars)

F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Shareholders of Gentor Resources Inc.

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated balance sheets of Gentor Resources Inc. (the "Company") as of December 31, 2024 and 2023, and the related consolidated statements of (loss) income and comprehensive (loss) income, shareholders' deficiency, and cash flows for each of the years in the three-year period ended December 31, 2024, 2023, and 2022, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

Material Uncertainty Related to Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed