1911 Gold Corporation (AUMB) Financings
TSXV: AUMB · Gold · Development stage
- Market cap$239.8M
- Share price$0.670
- 52-week range$0.555 – $1.50
- Shares outstanding357,918,413
- ExchangeTSXV
- Websitewww.1911gold.com
1911 Gold is an advanced gold explorer and developer focused on its 100%-owned True North Gold Project in the Archean Rice Lake Greenstone Belt in Manitoba, Canada. The Company controls a large, highly prospective ~62,000-hectare land package with numerous past-producing gold operations within trucking distance of the fully built and permitted True North mine and mill complex. 1911 Gold is positioning itself to make a decision on restarting operations in the future and offers a unique investment opportunity with significant exploration upside. The strategy is to build a district-scale gold mining operation around centralized and readily expandable infrastructure to support a socially and environmentally responsible, long-term mining operation with little development risk and a growing mineral resource base. 1911 Gold's True North complex and the exploration land package are located within and among the First Nation communities of the Hollow Water First Nation and the Black River First Nation. 1911 Gold looks forward to maintaining open, cooperative, and respectful communications with all of our local communities and stakeholders to foster mutually beneficial working relationships.
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1911 Gold Corporation financial statements
Key figures read from 33 of 34 financial statement filings, Aug 22, 2018 to Aug 18, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$23,578 | C$7,412 | C$3,099 | C$630 | C$9,954 |
| Short-term investments | C$52 | C$18 | C$71 | C$35 | C$213 |
| Total current assets | C$24,906* | C$8,109* | C$3,947* | C$1,970* | C$11,788* |
| Exploration and evaluation assets | C$30,128 | C$30,329 | C$30,325 | C$31,793 | C$33,414 |
| Property, plant and equipment | C$4,945 | C$763 | C$891 | — | — |
| Total assets | C$60,379 | C$39,601 | C$35,563 | C$34,163 | C$45,602 |
| Total liabilities | C$14,695 | C$5,531 | C$5,039 | C$5,977 | C$6,319 |
| Shareholders' equity | C$45,684 | C$34,070 | C$30,524 | C$28,186 | C$39,283 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | — | C$0 | C$731 | C$5,884 | C$9,667 |
| Cost of sales | — | — | C$0 | (C$4,578) | C$12,866 |
| Exploration and evaluation expense | C$16,841 | C$1,812 | C$1,067 | C$8,023 | C$4,412 |
| General and administrative | C$4,643 | C$1,466 | C$1,037 | C$1,820 | C$1,984 |
| Share-based compensation | C$2,150 | C$158 | C$116 | C$297 | — |
| Impairments and write-downs | C$0 | (C$423) | (C$481) | C$0 | — |
| Net income (loss) | (C$25,322) | (C$4,796) | (C$2,006) | (C$11,387) | (C$8,761) |
Cash flow statement: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$19,645)* | (C$5,764)* | — | — | (C$7,291)* |
| Investing cash flow | (C$2,331)* | C$336* | — | — | (C$473)* |
| Financing cash flow | C$38,142* | C$9,741* | — | — | C$7,689* |
| Exploration spending (capitalized) | — | C$0 | — | — | (C$357) |
| Property, plant and equipment spending | (C$2,331) | (C$114) | — | — | — |
| Proceeds from share issues | C$36,226 | C$7,737 | — | — | C$7,599 |
| Change in cash | C$16,166 | C$4,313 | C$2,469 | (C$9,324) | (C$75) |
| Cash at end of period | C$23,578 | C$7,412 | C$3,099 | C$630 | C$9,954 |
* Calculated from the statement's own lines: the company did not print this total with a label.
1911 Gold Corporation financings
5 financings announced or closed by 1911 Gold Corporation, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-06-16 | 1911 Gold Corporation (AUMB) | Flow-through, bought deal | Closed, 1 tranche | $35.6M | $0.640 | The United States / 1911 Gold Announces $20 Million Bought Deal Financing |
| 2026-06-08 | 1911 Gold Corporation (AUMB) | Flow-through, brokered | Terminated | — | — | 1911 Gold Announces Overnight Marketed Offering |
| 2025-07-17 | 1911 Gold Corporation (AUMB) | Flow-through, LIFE offering, bought deal | Closed, 1 tranche | $17.0M | $0.200 | 1911 Gold Closes C$13.2 Million “Bought Deal” LIFE Offering Including Increased Investment by Eric Sprott |
| 2024-12-09 | 1911 Gold Corporation (AUMB) | Flow-through, non-brokered | Closed, 1 tranche | $8.1M | $0.239 | 1911 Gold Provides Exploration Update and Announces $5 Million Non-Brokered Private Placement with Corporate Lead Investment |
| 2023-12-05 | 1911 Gold Corporation (AUMB) | Flow-through, private placement, non-brokered | Closed, 1 tranche | $3.9M | $0.060 | 1911 Gold Provides Strategic Update and Announces Non-Brokered Private Placement with Lead Order from Eric Sprott |