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.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity (Deficit)
| Common Stock · Additional Paid-In · Accumulated · Total Stockholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Note | Shares1 | Amount1 | Capital | Deficit | (Deficit) | |
| Balance at November 30, 2021 | 9,500,001 | $9,500 | $3,108,874 | $(3,382,706) | $(264,332) | |
| Performance based restricted shares issued | 635,000 | 635 | (635) | - | - | |
| Return of capital | 8,16 | - | - | (1,096,343) | - | (1,096,343) |
| Withholding taxes on return of capital | 16 | - | - | (173,889) | - | (173,889) |
| Settlement of funding agreement | 8,16 | - | - | 1,837,363 | - | 1,837,363 |
| Capital contributions from GoldMining | 16 | - | - | 87,284 | - | 87,284 |
| Share-based compensation - performance based restricted shares | - | - | 5,238 | - | 5,238 | |
| Share-based compensation - allocated from GoldMining | 16 | - | - | 60,065 | - | 60,065 |
| Net loss for the year | - | - | - | (1,738,657) | (1,738,657) | |
| Balance, at November 30, 2022 | 10,135,001 | $10,135 | $3,827,957 | $(5,121,363) | $(1,283,271) | |
| Common stock | ||||||
| Issued under initial public offering | 11.1 | 2,000,000 | 2,000 | 18,206,955 | - | 18,208,955 |
| Underwriter fees and issuance costs | 11.1 | - | - | (883,311) | - | (883,311) |
| Issued upon exercise of warrants | 11.4 | 258,708 | 259 | 3,362,945 | - | 3,363,204 |
| Warrants | ||||||
| Issued in connnection with initial public offering | 11.1 | - | - | 1,791,045 | - | 1,791,045 |
| Underwriter fees and issuance costs | 11.1 | - | - | (86,883) | - | (86,883) |
| Withholding taxes on return of capital | - | - | (10,741) | - | (10,741) | |
| Capital contributions from GoldMining | 16 | - | - | 46,459 | - | 46,459 |
| Share-based compensation | ||||||
| Common stock issued for consulting services | 11.2 | 5,000 | 5 | 65,695 | - | 65,700 |
| Allocated from GoldMining | 16 | - | - | 54,348 | - | 54,348 |
| Amortization of share-based compensation | 11.3,11.5 | - | - | 303,783 | - | 303,783 |
| Net loss for the year | - | - | - | (9,356,577) | (9,356,577) | |
| Balance at November 30, 2023 | 12,398,709 | $12,399 | $26,678,252 | $(14,477,940) | $12,212,711 | |
| 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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