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Advanced Gold Exploration Inc. (AUEX) Financings

CSE: AUEX · Gold · Exploration stage

Advanced Gold Exploration Inc. is an exploration stage mineral resources company whose principal business activities include acquiring, exploring and evaluating strategic mineral properties.

Advanced Gold Exploration Inc. financial statements

Key figures read from 11 of 12 financial statement filings, Aug 9, 2022 to Aug 31, 2026. Each column is the period as the company first filed it.

Balance sheet: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Cash and equivalentsC$43,860C$140,204C$191,633C$2,811,376C$317,666
Total current assetsC$59,305*C$201,570*C$360,950*C$2,847,194*C$1,789,839*
Exploration and evaluation assetsC$796,133C$771,133C$662,768C$558,768C$42,300
Total assetsC$855,438C$972,703C$1,023,718C$3,405,962C$1,832,139
DebtC$101,334————
Total liabilitiesC$358,990C$547,897C$488,990C$89,597C$22,205
Shareholders' equityC$496,448C$424,806C$534,728——

* Calculated from the statement's own lines: the company did not print this total with a label.

Income statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021FY Dec 2020
Exploration and evaluation expense(C$203,141)(C$286,190)(C$2,160,956)C$38,953C$113,093
General and administrativeC$142,433C$80,141C$427,068C$223,533C$181,267
Share-based compensation———C$42,664—
Net income (loss)(C$362,174)(C$548,983)(C$3,191,532)(C$813,989)C$1,855,179

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021FY Dec 2020
Operating cash flow(C$457,844)(C$399,429)(C$2,977,038)—(C$2,151,695)
Investing cash flow(C$25,000)C$58,274(C$68,000)—(C$1,244,700)
Financing cash flowC$411,500C$289,726C$425,295C$2,738,528(C$73,000)
Proceeds from share issuesC$311,500C$289,726C$425,295—C$0
Change in cash(C$96,344)(C$51,429)(C$2,619,743)C$2,493,710(C$979,995)
Cash at end of periodC$43,860C$140,204C$191,633C$2,811,376(C$932,459)

Advanced Gold Exploration Inc. financings

1 financing announced or closed by Advanced Gold Exploration Inc., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-02-27Advanced Gold Exploration Inc. (AUEX)Private placement, non-brokeredClosed, 1 tranche$977K$0.200Advanced Gold Announces Closing of Offering, Acquisition of Silver Belle Project and Vertical Amalgamation

Advanced Gold Exploration Inc. debt and credit facilities

Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Advanced Gold Exploration Inc. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.

DateDebtLenderAmountTerms
2024-10-07Convertible debenture, proposed—C$100,0003%

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