Desert Gold Ventures Inc (DAU) Financings
TSXV: DAU · Gold · Advanced Exploration stage
- Market cap$45.1M
- Share price$0.125
- 52-week range$0.060 – $0.150
- Shares outstanding360,639,099
- ExchangeTSXV
- Websitedesertgold.ca
Desert Gold Ventures Inc. is a gold exploration and development company which controls the 440 km 2 SMSZ Project in Western Mali containing Measured and Indicated Mineral Resources of 8.47 million tonnes grading 1.14 g/t gold totaling 310,300 ounces and Inferred Mineral Resources of 20.7 million tonnes grading 1.16 g/t gold totaling 769,200 ounces.
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Desert Gold Ventures Inc financial statements
Key figures read from 40 of 40 financial statement filings, Nov 28, 2016 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), 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 | US$445,077 | US$348,601 | US$279,575 | US$1,220,393 | US$1,216,664 |
| Short-term investments | — | — | US$0 | US$55,845 | US$96,941 |
| Total current assets | US$459,764* | — | US$297,809* | US$1,377,884* | US$1,506,306* |
| Total current liabilities | US$218,560 | US$175,390 | US$124,114 | US$539,698 | US$476,937 |
| Working capital | US$241,204 | — | US$173,695 | US$838,186 | US$1,029,369 |
| Property, plant and equipment | US$14,438 | US$0 | US$1,275 | US$3,767 | US$7,650 |
| Total assets | US$494,924 | US$359,448 | US$299,084 | US$1,381,651 | US$1,513,956 |
| Total liabilities | US$226,734 | — | — | — | — |
| Shareholders' equity | US$268,190 | US$184,058 | US$174,970 | US$841,953 | US$1,037,019 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
US dollars (US$), 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 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | US$919,964 | US$1,534,683 | US$446,931 | US$1,909,622 | US$3,551,549 |
| General and administrative | US$624,461 | US$546,772 | US$424,800 | US$603,301 | US$491,637 |
| Share-based compensation | US$174,988 | US$121,916 | US$104,155 | US$280 | US$159,258 |
| Impairments and write-downs | — | — | — | US$0 | US$13,826 |
| Net income (loss) | (US$1,789,598) | (US$2,479,674) | (US$984,929) | (US$2,798,201) | (US$4,183,238) |
Cash flow statement: annual key figures
US dollars (US$), 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 | (US$1,665,466) | (US$2,300,226) | (US$1,226,656) | (US$2,685,429) | (US$4,000,323) |
| Investing cash flow | US$95,394 | US$0 | US$69,108 | US$0 | (US$13,779) |
| Financing cash flow | US$1,679,685 | US$2,397,987 | US$212,977 | US$2,713,744 | US$1,266,531 |
| Property, plant and equipment spending | — | — | — | — | US$0 |
| Proceeds from share issues | US$0 | US$2,397,987 | US$0 | US$2,603,096 | US$1,266,531 |
| Change in cash | US$96,474 | US$69,026 | (US$940,818) | US$3,729 | (US$2,693,677) |
| Cash at end of period | US$445,077 | US$348,601 | US$279,575 | US$1,220,393 | US$1,216,664 |
Desert Gold Ventures Inc financings
1 financing announced or closed by Desert Gold Ventures Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-02-04 | Desert Gold Ventures Inc (DAU) | LIFE offering, non-brokered | Upsized | $7.2M | $0.080 | Desert Gold Upsizes Fully Subscribed LIFE Offering to C$7,230,000 |