The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -153,277 | -181,749 |
| Stock based compensation | 5,993 | 14,259 |
| (gain) loss on conversion of debt | -19,950 | - |
| (gain) loss on change in derivative liability | -103,410 | -15,042 |
| Prepaid expenses and other current assets | -1,875 | - |
| Accounts payable and accrued liabilities | 5,534 | 40,003 |
| Accounts payable - related party | 18,000 | 36,000 |
| Loss on conversion of debt | - | -19,950 |
| Accrued interest | 18,264 | 29,578 |
| Net cash used in operating activities | -201 | -26,917 |
| Proceeds from notes payable from related parties | 0 | 0 |
| Repayment of notes payable from third parties | 0 | 20,000 |
| Repayment of advances from third parties | 0 | 93,390 |
| Proceeds from advances from third parties | 0 | - |
| Proceeds from sale of common stock | 0 | 140,000 |
| Net cash provided by financing activities | 0 | 26,610 |
| Net change in cash | -201 | -307 |
| Cash and cash equivalents at beginning of period | 896 | - |
| Cash and cash equivalents at end of period | 388 | - |
MAGELLAN COPPER & GOLD Corp (MAGE)
MAGELLAN COPPER & GOLD Corp (MAGE)