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Mexus Gold US

US:MXSGDUS:MXSG
No current share price held for this company.

Past year: ▲ 0%(0.01c – 0.15c USD)

Market cap
—
Shares on issue
—
Story beats
15 since 2009
Last event
18 Oct 2018

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

18 Oct 2018capital raising announcement▼ BadMajor

On October 12, 2018 Mexus closed a $200,000 convertible note with an accredited investor: 6% interest, matures in 12 months, convertible into common stock at $0.006666667 per share. The company must reserve at least 30,000,000 shares for conversion, so conversion would add new shares (dilution). The attached press release is the April 2018 MarMar termination release, not a release about this financing.

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17 Aug 2018quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $0 and a net loss of $576 thousand for the period ended 2018-09-30.

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14 Aug 2018late filing notice▼ Bad

Mexus Gold US notified the SEC that its quarterly report would be filed late.

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14 Aug 2018quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $0 and a net loss of $576 thousand for the period ended 2018-09-30.

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29 June 2018late filing notice▼ Bad

Mexus Gold US notified the SEC that its annual report would be filed late.

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20 Apr 2018material agreement termination▼ BadMajor

Mexus's subsidiary terminated the Santa Elena joint venture with MarMar Holdings, saying MarMar failed to provide agreed funding, equipment and operations and could not meet environmental standards; only 8.5 oz of gold was produced in 22 months. Mexus says it expects no early termination penalties and plans to run Santa Elena itself (500 tons a day, an open pit on the Julio vein), promises a non-dilutive capital raise plan, and says set-up at the 8 Brothers project should be done by June 1, 2018.

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26 Mar 2018director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 3,507,000 shares.

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16 Feb 2018quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $0 and a net loss of $1.3 million for the period ended 2017-12-31.

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14 Feb 2018late filing notice▼ Bad

Mexus Gold US notified the SEC that its quarterly report would be filed late.

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23 Jan 2018director interest notice● Neutral

Mexus Gold US CEO, CFO, SECRETARY Thompson Paul Dwight sold 350,000 shares.

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14 Nov 2017quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $0 and a net loss of $1.3 million for the period ended 2017-12-31.

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21 Sept 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 50,000 shares at $0.63.

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12 Sept 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 350,000 shares.

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1 Sept 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Mexus Gold Us sold 100,000 shares at $0.05.

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1 Sept 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 100,000 shares at $0.05.

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28 Aug 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 100,000 shares at $0.05.

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22 Aug 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 450,000 shares.

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17 Aug 2017quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $0 and a net loss of $811 thousand for the period ended 2017-09-30.

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14 Aug 2017late filing notice▼ Bad

Mexus Gold US notified the SEC that its quarterly report would be filed late.

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29 June 2017late filing notice▼ Bad

Mexus Gold US notified the SEC that its annual report would be filed late.

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26 May 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 110,862 shares.

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5 May 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 225,555 shares.

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7 Apr 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 639,138 shares.

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7 Apr 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 50,000 shares at $0.12.

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21 Feb 2017quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $0 and a net loss of $784 thousand for the period ended 2016-12-31.

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15 Feb 2017late filing notice▼ Bad

Mexus Gold US notified the SEC that its quarterly report would be filed late.

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2 Feb 2017material agreement● NeutralMajor

Effective January 13, 2017, Mexus's Mexican subsidiary agreed to buy a 50% interest in the San Felix mining site (seven concessions, about 26,000 acres, near Caborca) from three individuals; the other 50% is owned by Mar Mar Holdings and Marco Antonio Martinez Mora. The total price is US$2,000,000 with Mexus responsible for 50%, payable in installments from US$150,000 by January 30, 2017 to US$300,000 by May 13, 2019. This is a purchase of San Felix, a site name that appeared earlier in the context as a sale to First Pursuit, and the filing does not say how the two relate.

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17 Jan 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 602,565 shares.

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13 Jan 2017director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 550,000 shares.

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19 Dec 2016director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 799,524 shares.

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