For the quarter ending 2025-10-31, NMEX has $170,966 in assets. $457,522 in debts.
| Balance Sheets | 2025-10-31 | 2025-07-31 | ||
|---|---|---|---|---|
| Cash | 8,270 | 4,059 | ||
| Accounts receivable | 11,240 | 6,750 | ||
| Total current assets | 19,510 | 10,809 | ||
| Oil and gas properties | 151,456 | 151,456 | ||
| Total other assets | 151,456 | 151,456 | ||
| Total assets | 170,966 | 162,265 | ||
| Accounts payable-Nonrelated Party | 82,525 | 45,422 | ||
| Accounts payable-Related Party | 22,500 | 12,000 | ||
| Accrued liabilities | 29,597 | 15,527 | ||
| Accrued compensation | 2,400 | - | ||
| Loans payable - current | 38,500 | 38,500 | ||
| Total current liabilities | 175,522 | 111,449 | ||
| Other payables-Nonrelated Party | 0 | 33,664 | ||
| Other payables-Related Party | 0 | 20,500 | ||
| Loan payable long term-Related Party | 197,000 | 135,000 | ||
| Loan payable long term-Nonrelated Party | 85,000 | 85,000 | ||
| Total liabilities | 457,522 | 385,613 | ||
| Common stock, 0.001 par value, 250,000,000 shares authorized 111,238,932 and 107,238,932 shares issued and outstanding as of october 31, 2025 and july 31, 2025, respectively | 111,239 | 107,239 | ||
| Common stock to be issued | 0 | 267,200 | ||
| Additional paid-in-capital | 3,587,208 | 3,324,008 | ||
| Accumulated deficit | -3,985,003 | -3,921,795 | ||
| Total stockholders deficit | -286,556 | -223,348 | ||
| Total liabilities and stockholders deficit | 170,966 | 162,265 | ||
NORTHERN MINERALS & EXPLORATION LTD. (NMEX)
NORTHERN MINERALS & EXPLORATION LTD. (NMEX)