US GoldMining Inc
For the period ended Nov 30, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
USGO$5.06-12.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
| Notes | 2023 | 2022 | |
|---|---|---|---|
| Operating expenses | |||
| Exploration expenses | 8 | $5,054,500 | $543,322 |
| General and administrative expenses | 9 | 4,670,248 | 1,172,810 |
| Accretion | 10 | 21,051 | 19,255 |
| Depreciation | 6 | 30,959 | - |
| Total operating expenses | 9,776,758 | 1,735,387 | |
| Loss from operations | (9,776,758) | (1,735,387) | |
| Other income (expenses) | |||
| Interest income | 426,919 | - | |
| Foreign exchange loss | (1,801) | (3,270) | |
| Net loss for the year before tax | $(9,351,640) | $(1,738,657) | |
| Current income tax expense | 15 | (4,937) | - |
| Net loss for the year | $(9,356,577) | $(1,738,657) | |
| Loss per share | |||
| Basic and diluted | 12 | $(0.82) | $(0.17) |
| Basic and diluted | 11,480,346 | 9,937,248 | |
| 1 | The shares and associated amounts have been retrospectively restated to reflect a 2.714286-for-1 stock split of each issued and outstanding share of Common Stock, an increase in its authorized shares of Common Stock from 10,000,000 to 300,000,000, as well as the increase in par value to $0.001, which occurred in September 2022 (see Note 11). |
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