CROSSHAIR EXPLORATION & MINING CORP.
CONSOLIDATED FINANCIAL STATEMENTS
APRIL 30, 2010
(Expressed in Canadian Dollars)
The accompanying notes are an integral part of these consolidated financial statements .
INDEPENDENT AUDITORS’ REPORT
To the Shareholders of
Crosshair Exploration & Mining Corp.
We have audited the consolidated balance sheets of Crosshair Exploration & Mining Corp. as at April 30, 2010
and 2009 and the consolidated statements of operations and comprehensive loss, shareholders' equity and cash
flows for the years ended April 30, 2010, 2009 and 2008. These financial statements are the responsibility of the
Company's management. Our responsibility is to express an opinion on these financial statements based on our
We conducted our audits in accordance with Canadian generally accepted auditing standards and with the
standards of the Public Company Accounting Oversight Board (United States). Those standards require that we
plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material
misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its internal
control over financial reporting. Our audit included consideration of internal control over financial reporting as a
basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of
expressing an option on the effectiveness of the Company’s internal control over financial reporting. Accordingly,
we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall financial statement presentation.
In our opinion, these consolidated financial statements present fairly, in a