30 July 2015late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its annual report would be filed late.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
26 Mar 2015quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $84 thousand for the period ended 2015-01-31.
16 Mar 2015late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its quarterly report would be filed late.
25 Feb 2015quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $84 thousand for the period ended 2015-01-31.
15 Dec 2014late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its quarterly report would be filed late.
15 Sept 2014late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its quarterly report would be filed late.
7 Aug 2014auditor change● Neutral
On July 16, 2014 Ingenium Accounting Associates resigned as auditor, and on July 17 the company engaged Excelsis Accounting Group. The filing reports no disagreements, and Ingenium's reports for the years to April 30, 2012 and 2013 carried going-concern doubt. This is the second auditor change since 2011, and the filing is headed Cibolan Gold Corporation, the first use of that name in this history, though it does not say the company was renamed.
29 July 2014late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its annual report would be filed late.
22 May 2014material agreement▲ GoodMajor
On May 6, 2014 the company's subsidiary agreed with Independence Gold-Silver Mines to buy 100% of the Wilson-Independence claims for $625,000 in two payments ($275,000 paid April 25, 2014; $350,000 due by August 23, 2014), plus 15,169,137 shares and warrants over 7.5 million shares. The royalty to IGS falls from 5% to 2.125%, versus the $3 million purchase price in the original lease. This lets the company own the claims outright, as the Compass joint venture needs, but adds more dilution and a $350,000 payment still due.
29 Apr 2014material agreement▲ GoodMajor
On April 24, 2014 the company signed a binding letter of intent with Compass Holdings, LLC of Utah, under which Compass pays $1.0 million in two tranches (first $500,000 by April 25, 2014) and a joint venture is formed on the Wilson-Independence Mine. Compass would earn 25% for the first $1.0 million and 50% on a further $1.875 million within 36 months. This is a different deal from the May 2013 Open Gold agreement, which the filing does not mention, so what happened to that earlier deal is not stated here (inference: it may have been replaced).
24 Mar 2014quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $108 thousand for the period ended 2014-01-31.
17 Mar 2014late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its quarterly report would be filed late.
23 Dec 2013quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $301 thousand for the period ended 2013-10-30.
16 Dec 2013late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its quarterly report would be filed late.
23 Sept 2013quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $100 thousand for the period ended 2013-07-31.
16 Sept 2013late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its quarterly report would be filed late.
29 July 2013late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its annual report would be filed late.
23 May 2013material agreement● NeutralMajor
On May 14, 2013 the company agreed to assign its 14 Battle Mountain (Independence) claims and 480 acres of fee land to Open Gold Corp., a TSX Venture-listed company, in return for shares making up 64% of Open Gold at closing. The company must distribute at least 90% of those shares to its own shareholders, and closing needs shareholder approval, TSX-V approval, and an Open Gold financing of $2,350,000. This would move the Independence asset, the company's main property in this history, out of the company in exchange for shares in Open Gold, and is not yet completed.
18 Mar 2013quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $177 thousand for the period ended 2013-01-31.
17 Dec 2012quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $381 thousand for the period ended 2012-10-31.
14 Sept 2012quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $137 thousand for the period ended 2012-07-31.
21 Mar 2012quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $183 thousand for the period ended 2012-01-31.
19 Mar 2012late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its quarterly report would be filed late.
4 Jan 2012auditor change● Neutral
This amends the December 2011 auditor-change filing. It changes the period covered by the no-disagreement statement to run through the dismissal date, rather than through July 31, 2011. The text still says Mark Bailey was dismissed and Ingenium hired on December 16, 2011, though it contains a typo giving the engagement year as 2009. There is no new substance on the change itself.
20 Dec 2011quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $256 thousand for the period ended 2011-10-31.
19 Dec 2011auditor change● Neutral
On December 16, 2011 the company dismissed its auditor Mark Bailey & Company (engaged since June 2009) and hired Ingenium Accounting Associates. The filing says there were no disagreements, and Mark Bailey's reports for the years to April 30, 2010 and 2011 carried going-concern doubt, continuing that warning from earlier auditors. No reason for the change is given.
15 Dec 2011late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its quarterly report would be filed late.
19 Sept 2011quarterly activities report▼ Bad
Cibolan Gold Corp reported quarterly revenue of $0 and a net loss of $210 thousand for the period ended 2011-07-31.
14 Sept 2011late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its quarterly report would be filed late.
1 Aug 2011late filing notice▼ Bad
Cibolan Gold Corp notified the SEC that its annual report would be filed late.