US GoldMining Inc

For the period ended Nov 30, 2023. Filed Feb 21, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 21, 2024

USGO$5.80+10.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

	Notes	November 30, 2023	November 30, 2022
Current assets
Cash and cash equivalents	3	$11,401,338	$54,508
Restricted cash	3	86,870	-
Other receivables	4	115,113	68,000
Inventories		27,249	-
Prepaid expenses and deferred costs	5	375,933	107,111
Total current assets		12,006,503	229,619
Exploration and evaluation assets	8	31,392	-
Operating lease right-of-use assets, net	7	135,728	-
Property and equipment, net	6	850,130	-
Total assets		$13,023,753	$229,619
Current liabilities
Accounts payable		$197,978	$466,127
Accrued liabilities		112,048	26,922
Current portion of lease liabilities	7	17,268	-
Withholdings taxes payable		180,863	116,187
Income tax payable	15	4,918	-
Due to GoldMining	16	-	677,783
Total current liabilities		513,075	1,287,019
Lease liabilities	7	118,087	-
Asset retirement obligations	10	179,880	225,871
Total liabilities		811,042	1,512,890
Stockholders’ equity
Capital stock
Common stock $0.001 par value: 300,000,000 shares authorized as at November 30, 2023 and November 30, 2022; 12,398,709 and 10,135,001 shares issued and outstanding as at November 30, 2023 and November 30, 2022	11	12,399	10,135
Additional paid-in capital		26,678,252	3,827,957
Accumulated deficit		(14,477,940)	(5,121,363)
Total stockholders’ equity (deficit)		12,212,711	(1,283,271)
Total liabilities and stockholders’ equity (deficit)		$13,023,753	$229,619

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.