EXHIBIT 99.3 PRINCETON MINING COMPANY Pro Forma Combined Consolidated Statement of Operations For the Year Ended December 31, 2000 (Unaudited) PRINCETON BRITTANY PRO FORMA PRO FORMA HISTORICAL HISTORICAL ADJUSTMENTS COMBINED ---------- ---------- ----------- -------- Revenues $ -- $ -- (A) $ 11,100 $ 11,100 ----------- ----------- ------------ ------------ Operating expenses 750 -- (A) 6,418 7,168 General and administrative 19,492 -- (A) 1,110 20,602 ----------- ----------- ------------ ------------ 20,242 -- 7,528 27,770 ----------- ----------- ------------ ------------ Loss from operations (20,242) -- 3,572 (16,670) ----------- ----------- ------------ ------------ Other expense: Interest expense 3,606 -- (A) 3,639 7,245 Write-down of mineral property 8,000 -- -- 8,000 ----------- ----------- ------------ ------------ 11,606 -- 3,639 15,245 ----------- ----------- ------------ ------------ Net loss (31,848) -- (67) (31,915) =========== =========== ============ ============ Net loss per share, basic and diluted $ (0.00) $ -- $ (0.00) $ (0.00) =========== =========== ============ ============ Weighted average common shares outstanding, basic and diluted 9,569,140 18,000,000 27,569,140 =========== ============ ============ (A) Brittany did not have prior operations, accordingly, the pro forma amounts are all estimates based upon current leases and agreements.