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Mongoose Mining Ltd. (MNG) Financings

CSE: MNG · Gold · Exploration stage

Mongoose Mining Ltd. is engaged in the acquisition, exploration, and evaluation of mineral properties. Mongoose Mining, through its wholly-owned subsidiary Spark Minerals Inc., is the holder of exploration licences to explore an area covering approximately 3,264 hectares or 32.64 km2 , located in Londonderry and Debert, Nova Scotia (the “Property”).  The Property is recognized to indicate potential for IOCG mineralization.

Mongoose Mining Ltd. financial statements

Key figures read from 7 of 7 financial statement filings, Feb 21, 2020 to Nov 27, 2022. 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 2021Dec 2020Dec 2019
Cash and equivalentsC$1,128,794C$2,945C$380,918
Total current assetsC$1,181,780C$528,390C$387,835
Total current liabilitiesC$389,127C$263,186—
Working capitalC$792,653C$265,204—
Exploration and evaluation assetsC$609,705C$330,132C$44,380
Total assetsC$1,791,485C$858,522C$432,215
Total liabilities——C$15,369
Shareholders' equityC$1,402,358C$595,336C$416,846

Income statement: annual key figures

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

FY Dec 2021FY Dec 2020FY Dec 2019
General and administrativeC$5,000C$0C$23,893
Share-based compensationC$0C$25,000C$84,000
Net income (loss)(C$1,095,741)(C$95,848)(C$203,616)

Cash flow statement: annual key figures

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

FY Dec 2021FY Dec 2020
Operating cash flow(C$260,185)(C$32,158)
Investing cash flowC$445,601(C$29,209)
Financing cash flowC$940,433C$64,312
Change in cashC$1,125,849C$2,945
Cash at end of periodC$1,128,794C$2,945

No financings are on record for Mongoose Mining Ltd. yet.

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