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Ranger Gold Corp.

NYSE:RNGC
US$0.006Close 6 Oct 2026 · delayed

Past year: ▲ 0%(0.60c – 0.66c USD)

Market cap
A$2.1m
Shares on issue
243m
Story beats
9 since 2009
Last event
1 July 2024

Announcements, explained

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

1 July 2024financial restatement▼ BadMajor

The same bookkeeping problem resurfaced: preparing its fiscal 2023 audit, management again found unrecorded expenses paid from personal accounts, this time forcing a second restatement, of the December 2023 quarter.

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1 Nov 2023financial restatement▼ BadMajor

Ranger Gold disclosed that its fiscal 2022 financial statements (and several 2022 quarterly reports) can no longer be relied on: management had been paying some company expenses from personal accounts without recording them, understating liabilities. The board called it an honest error, not fraud, and the company had to restate.

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21 Mar 2023auditor change● Neutral

A follow-up amendment formally documented the engagement of Michael Gillespie & Associates as auditor, with no substantive change from the original filing.

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22 Feb 2023auditor change● Neutral

Now operating again after a dormant stretch (deregistered 2019, re-registered via a Form 10 in August 2022), Ranger Gold dismissed BF Borgers as its auditor - with no stated disagreement - and engaged Michael Gillespie & Associates for its fiscal 2023 audit.

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31 Jan 2022listing compliance notice▼ Bad

Ranger Gold Corp. withdrew a registration statement, abandoning the offering it covered.

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12 Sept 2019listing compliance notice▼ BadMajor

Ranger Gold Corp. deregistered its securities, ending its obligation to file reports with the SEC.

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19 Feb 2013material agreement termination▼ BadMajor

Ranger Gold also gave up its other MinQuest option, the Truman Property, citing an inability to meet the required payments - ending the MinQuest relationship entirely - while simultaneously picking up a new 20-year lease on the Gent Property in Lander County, Nevada from Nevada Mine Properties II ($5,000 to sign, $5,000/year, minimal spending required until year five).

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23 Feb 2012material agreement termination▼ BadMajor

Ranger Gold walked away from the CX Property, terminating its MinQuest option after a completed drill program found the ground didn't fit the company's plans; the property reverts to MinQuest.

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23 Nov 2011capital raising announcement▼ Bad

A private placement raised $300,000 at $0.15/share - back down to the price the company was selling stock at before its 2010 property deals, a sign the earlier re-rating hadn't held.

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26 Apr 2010capital raising announcement▲ GoodMajor

A private placement raised $500,000 at $1.25/share - more than eight times the price of its placements two months earlier, a sign the stock had re-rated sharply higher after the two Nevada property deals.

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1 Apr 2010material agreement▲ GoodMajor

The company optioned a second Nevada property from MinQuest, the Truman Property in Mineral County (52 unpatented claims), on similar terms to the CX Property deal: roughly $510,000 in option payments and $2.5 million in exploration spending over ten years.

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12 Mar 2010capital raising announcement● Neutral

Another small private placement closed, raising $10,500 at the same $0.15/share price.

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26 Jan 2010capital raising announcement● Neutral

The company closed a small private placement, raising $82,500 from two non-U.S. investors at $0.15/unit.

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30 Nov 2009material agreement▲ GoodMajor

The company optioned its first real asset, the CX Property in Nye County, Nevada (72 unpatented claims) from MinQuest, Inc., turning the shell into a gold explorer: up to $480,000 in option payments and $2.5 million in exploration spending over ten years, with MinQuest keeping a 3% royalty.

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9 Nov 2009auditor change● Neutral

Following the change in control, the company switched auditors, dismissing Wolinetz, Lafazan & Company and retaining Robison, Hill & Co.

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3 Nov 2009business combination● NeutralMajor

Fenario, Inc. (later renamed Ranger Gold Corp.) changed hands: Gurpartap "Gary" Singh Basrai bought 55.5% of the dormant shell company from its founder for $152,500 and took over as CEO, with the prior officers and directors resigning.

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