For the year ending 2025-12-31, MAGE has $10,497 in assets. $2,103,757 in debts.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash | 547 | |||
| Prepaid expenses and other current assets | 9,950 | |||
| Total current assets | 10,497 | |||
| Mineral rights and properties | 0 | |||
| Total assets | 10,497 | |||
| Accounts payable | 206,232 | |||
| Accounts payable - related party | 224,250 | |||
| Accrued liabilities | 214,089 | |||
| Convertible note payable, net - related party | 285,000 | |||
| Convertible note payable, net | 380,978 | |||
| Accrued interest - related parties | 135,382 | |||
| Accrued interest | 226,182 | |||
| Advances payable - related party | 70,905 | |||
| Advances payable | 67,988 | |||
| Notes payable | 25,000 | |||
| Notes payable - related party | 168,000 | |||
| Derivative liability | 99,751 | |||
| Total current liabilities | 2,103,757 | |||
| Total liabilities | 2,103,757 | |||
| Common shares, 0.001 par value 1,000,000,000 shares authorized 27,379,295 and 26,157,635 shares issued and outstanding, respectively | 27,380 | |||
| Additional paid-in capital | 20,074,973 | |||
| Accumulated deficit | -22,195,613 | |||
| Shareholders' deficit | -2,093,260 | |||
| Total liabilities and shareholders' deficit | 10,497 | |||
MAGELLAN COPPER & GOLD Corp (MAGE)
MAGELLAN COPPER & GOLD Corp (MAGE)