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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.

19 Dec 2016director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 795,000 shares.

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2 Dec 2016director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 750,000 shares.

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2 Dec 2016director interest notice● Neutral

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

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21 Nov 2016quarterly 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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14 Nov 2016late filing notice▼ Bad

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

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30 Aug 2016director interest notice● Neutral

Mexus Gold US PRESIDENT/CFO/SECRETARY Thompson Paul Dwight sold 738,860 shares.

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16 Aug 2016securities registration● Neutral

Mexus Gold US amended an already-effective registration statement.

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15 Aug 2016quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $0 and a net loss of $2.0 million for the period ended 2016-09-30.

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24 June 2016late filing notice▼ Bad

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

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16 June 2016material agreement● NeutralMajor

Effective May 19, 2016, Mexus's Mexican subsidiary signed a joint venture with Marmar Holding SA de C.V. on the Santa Elena (formerly Julio) and Marta Elena concessions, the properties Argonaut had walked away from. Marmar will provide operations, equipment and funding; profits go 5% to Mexus and 95% to Marmar until Marmar recovers its costs, then 50/50.

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25 Feb 2016quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $87 thousand and a net loss of $834 thousand for the period ended 2015-12-31.

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22 Feb 2016quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $87 thousand and a net loss of $834 thousand for the period ended 2015-12-31.

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16 Feb 2016late filing notice▼ Bad

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

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7 Dec 2015material agreement termination▼ BadMajor

Argonaut Gold told Mexus it will not exercise its option on the Julio/Santa Elena property, ending the Caborca joint venture agreed in July 2015. Argonaut cited gold-price uncertainty and the $5,000,000 drilling and mapping obligation, the $950,000 payable to Mexus, and the 20% fully carried contract; it is estimated to have spent about $500,000 on 16 drill holes (1,990 meters, averaging 0.392 ppm gold and 1.676 ppm silver). CEO Paul Thompson says he is talking to other possible partners for the underground hard rock project.

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23 Nov 2015quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $87 thousand and a net loss of $834 thousand for the period ended 2015-12-31.

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16 Nov 2015late filing notice▼ Bad

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

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21 Aug 2015quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $710 and a net loss of $567 thousand for the period ended 2015-09-30.

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19 Aug 2015quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $710 and a net loss of $567 thousand for the period ended 2015-09-30.

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14 Aug 2015late filing notice▼ Bad

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

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7 Aug 2015auditor change● Neutral

On July 7, 2015 the board dismissed auditor De Joya Griffith & Company, LLC and approved RBSM, LLP for the fiscal year ending March 31, 2016. De Joya's reports for the years to March 31, 2015 and 2014 carried a going-concern warning about losses from operations, and the filing reports no disagreements.

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15 July 2015material agreement▲ GoodMajor

On July 6, 2015 the company's Mexican subsidiary Mexus Gold Mining granted Argonaut Gold's subsidiary an option on its Caborca, Sonora concessions (Marta Elena, Julio II-VII, Mexus III), to be moved into a new company. Argonaut pays $75,000 on signing and must spend at least $300,000 by December 31, 2015; extensions raise the payments and spending, and exercising by December 31, 2018 requires $5,000,000 of spending and $950,000 of payments to Mexus for an 80% stake, leaving Mexus 20%. Argonaut can end the deal on 30 days' notice once required payments are made.

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29 June 2015late filing notice▼ Bad

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

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20 Feb 2015quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $0 and a net loss of $758 thousand for the period ended 2014-12-31.

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17 Feb 2015late filing notice▼ Bad

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

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19 Nov 2014quarterly activities report▼ Bad

Mexus Gold US reported quarterly revenue of $0 and a net loss of $758 thousand for the period ended 2014-12-31.

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14 Nov 2014late filing notice▼ Bad

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

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15 Oct 2014director interest notice● Neutral

Mexus Gold US CEO, CFO, Secretary Thompson Paul Dwight sold 231,432 shares at $0.04.

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5 Sept 2014quarterly activities report● Neutral

Mexus Gold US reported quarterly revenue of $0 for the period ended 2014-09-30.

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19 Aug 2014quarterly activities report● Neutral

Mexus Gold US reported quarterly revenue of $0 and net income of $744 thousand for the period ended 2014-09-30.

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13 Aug 2014late filing notice▼ Bad

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

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