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Bullfrog Gold Corp. (FROG) Financings

TSXV: FROG · Gold · Exploration stage

Bullfrog Gold holds a 100% interest in the South Bullfrog gold project consisting of 488 BLM claims covering 10,050 acres in the heart of the Beatty District. The district was consolidated between 2021 and 2025 by AngloGold through the acquisitions of Corvus Gold (US$371M), Coeur Sterling (US$150M), and Augusta Gold ($197M). 1,2,3,4 South Bullfrog is centrally located between AngloGold's Bullfrog, North Bullfrog, and Arthur development projects, with gold reserves totaling 6 million ounces Probable (164.65mt at 1.14 g/t Au) and gold resources (excluding reserves) of 7.6 million ounces Measured & Indicated (345.24mt at 0.69 g/t Au) and 8 million ounces Inferred (3203mt at 0.78 g/t Au). 1,5,6,7 South Bullfrog is drill permitted with five drill ready gold targets supported by historic workings, surface pathfinder rock and soil geochemistry, surface alteration, magnetic, electromagnetic and gravity geophysics, and favourable host rocks.

Bullfrog Gold Corp. financial statements

Key figures read from 20 of 20 financial statement filings, Nov 17, 2021 to Aug 5, 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 2025Dec 2024Dec 2023Dec 2022Dec 2021
Cash and equivalentsC$7,259C$34,090C$768,764C$1,020,724C$954,550
Total current assetsC$2,224,562C$2,311,420C$183,789——
Total current liabilities———C$14,205C$27,617
Exploration and evaluation assetsC$2,075,034C$2,160,606———
Property, plant and equipmentC$17,159C$24,080———
Total assetsC$2,297,140C$2,375,044C$958,462C$1,021,219C$957,592
Total liabilitiesC$158,042C$205,918C$48,672——
Shareholders' equityC$2,040,209C$2,054,484C$909,790C$1,007,014C$929,975

Income statement: annual key figures

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

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
Exploration and evaluation expenseC$81,196————
General and administrativeC$150,154C$227,328C$36,000C$37,234C$27,222
Share-based compensationC$85,799C$106,246C$0C$88,960C$123,478
Impairments and write-downs(C$28,555)————
Net income (loss)(C$685,013)(C$787,055)(C$97,224)(C$161,921)(C$284,953)

Cash flow statement: annual key figures

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

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
Operating cash flow(C$649,130)(C$689,765)(C$102,243)(C$83,826)(C$136,900)*
Investing cash flow(C$46,636)(C$344,909)(C$149,717)——
Financing cash flowC$669,000C$300,000C$0C$150,000C$1,091,450*
Exploration spending (capitalized)C$0(C$44,748)———
Property, plant and equipment spendingC$0————
Change in cash(C$26,831)(C$734,674)(C$251,960)C$66,174C$954,550
Cash at end of periodC$7,259C$34,090C$768,764C$1,020,724C$954,550

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

Bullfrog Gold Corp. financings

3 financings announced or closed by Bullfrog Gold Corp., read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-09-22Bullfrog Gold Corp. (FROG)Private placement, non-brokeredClosed, 1 tranche$8.0M$0.200Bullfrog Upsizes Non-Brokered Private Placement to $8 Million
2025-07-07Bullfrog Gold Corp. (FROG)Convertible debenture, private placement, non-brokeredClosed, 1 tranche$1.0M$0.060Applied Graphite Announces $1,000,000 Convertible Note Offering
2024-05-27Bullfrog Gold Corp. (FROG)Private placement, non-brokeredClosed, 1 tranche$300K$0.150Applied Graphite Closes Private Placement

Bullfrog Gold Corp. debt and credit facilities

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

DateDebtLenderAmountTerms
2025-07-07Convertible note / loan, proposed—C$1M10%

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