Gold X2 Mining Inc (AUXX) Financings
TSXV: AUXX · Gold, Silver · Advanced Exploration stage
- Market cap$661.0M
- Share price$6.53
- 52-week range$2.79 – $12.00
- Shares outstanding101,230,641
- ExchangeTSXV
- Websitegoldx2.com
Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. The Company's current focus is the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The 2026 updated National Instrument 43-101 - Standards of Disclosure for Mineral Projects (' NI 43-101 ') mineral resource estimate (' MRE ') for the Moss and East Coldstream Deposits has expanded to 2.458 million ounces of Indicated gold resources at 14 g/t Au, contained within 73.8 million tonnes and 4.209 million ounces of Inferred gold resources at 0.97 g/t Au contained within 134.7 million tonnes. The Moss Deposit also has a silver MRE of 3.160 million ounces of indicated silver resources at 1.53 g/t Ag contained within 64.3 Mt and 6.273 million ounces of inferred silver resources at 1.55 g/t Ag contained within 125.9 Mt. Results of a preliminary economic assessment (' PEA ') of the Moss Gold Project suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by a NI 43-101 technical report for the Moss Gold Project available on the Company's website and under the Company's issuer profile on SEDAR+.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
Gold X2 Mining Inc financial statements
Key figures read from 35 of 35 financial statement filings, Jul 30, 2018 to Aug 27, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Jan 2024 | Dec 2023 | Mar 2023 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$12,601,306 | C$15,379,270 | C$5,269,421 | C$5,269,421 | C$1,237,564 |
| Short-term investments | C$86,819 | C$447,000 | C$547 | C$547 | C$3,765 |
| Total current assets | C$13,435,546* | C$15,997,157* | C$5,508,820* | C$5,508,820* | C$1,845,529* |
| Total current liabilities | C$5,748,695 | C$4,915,552 | C$744,577 | C$744,577 | C$2,034,160 |
| Working capital | C$7,686,851 | C$11,081,605 | C$4,764,243 | C$4,764,243 | (C$188,631) |
| Exploration and evaluation assets | C$77,779,455 | C$95,055,852 | C$52,229,250 | C$89,046,844 | C$85,423,172 |
| Total assets | C$91,745,104 | C$111,691,766 | C$58,002,859 | C$94,820,453 | C$87,599,116 |
| Total liabilities | C$6,400,157 | C$19,019,015 | C$2,777,265 | C$12,718,265 | C$13,775,337 |
| Shareholders' equity | C$85,344,947 | C$92,672,751 | C$55,225,594 | C$82,102,188 | C$73,823,779 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$27,386,604 | — | — | — | — |
| General and administrative | C$2,886,490 | C$1,228,099 | C$838,840 | C$1,137,673 | C$1,264,114 |
| Share-based compensation | C$3,226,978 | C$2,000,288 | C$928,626 | C$2,067,446 | C$2,840,413 |
| Net income (loss) | (C$26,353,535) | (C$5,980,330) | (C$3,042,537) | (C$7,021,052) | (C$13,475,472) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$29,134,539) | (C$2,520,993) | (C$1,709,234) | (C$2,651,898) | (C$3,754,711) |
| Investing cash flow | (C$10,984,737) | (C$5,626,097) | (C$4,173,620) | (C$23,955,784) | (C$9,079,655) |
| Financing cash flow | C$37,341,312 | C$18,256,939 | C$9,914,711 | C$15,739,487 | C$8,354,424 |
| Exploration spending (capitalized) | — | — | — | — | (C$19,211,447) |
| Property, plant and equipment spending | — | — | — | C$0 | (C$33,256) |
| Proceeds from share issues | C$32,949,737 | C$12,647,045 | C$9,982,280 | C$15,856,361 | C$8,429,482 |
| Change in cash | (C$2,777,964) | C$10,109,849 | C$4,031,857 | (C$10,868,195) | (C$4,479,942) |
| Cash at end of period | C$12,601,306 | C$15,379,270 | C$5,269,421 | C$1,237,564 | C$12,105,759 |
Gold X2 Mining Inc financings
1 financing announced or closed by Gold X2 Mining Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-01-27 | Gold X2 Mining Inc (AUXX) | Flow-through, non-brokered | Tranche closed, 1 tranche | $115.9M | $1.23 | Gold X2 Announces Strategic Investments from AngloGold Ashanti and Hess Capital Through Non-Brokered Private Placement |