MyFinsight

HomeBlogAboutContact

MyFinsight

Making company financials insightful for everyone

Quick Links

  • About
  • Blog
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2026 MyFinsight. All rights reserved.

|||

For the year ending 2025-12-31, MAGE has $10,497 in assets. $2,103,757 in debts.

Balance Sheets Overview

Current Ratio
0.50%
Quick Ratio
0.50%
Debt to Asset Ratio
20041.51%
Unit: Dollar
Assets Breakdown
    • Prepaid expenses and other curre...
    • Cash
    • Mineral rights and properties
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Convertible note payable, net
    • Others

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
Unit: Dollar.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Prepaid expenses andother current assets$9,950 Cash$547 Total current assets$10,497 Total assets$10,497 Accumulated deficit-$22,195,613 Total liabilities andshareholders' deficit$10,497 Shareholders' deficit-$2,093,260 Additional paid-in capital$20,074,973 Common shares, 0.001par value...$27,380 Total liabilities$2,103,757 Total currentliabilities$2,103,757 Convertible note payable,net$380,978 Convertible note payable,net - related party$285,000 Accrued interest$226,182 Accounts payable -related party$224,250 Accrued liabilities$214,089 Accounts payable$206,232 Notes payable -related party$168,000 Accrued interest -related parties$135,382 Derivative liability$99,751 Advances payable -related party$70,905 Advances payable$67,988 Notes payable$25,000

MAGELLAN COPPER & GOLD Corp (MAGE)

MAGELLAN COPPER & GOLD Corp (MAGE)