Past year: ▲ 300%(3.75c – 17.6c USD)
Each one in plain English, with the numbers worked through for a shareholder.
5 June 2026auditor change● Neutral
Auditor Assure CPA merged into Sadler, Gibb & Associates, which took over as the company's independent accountant — a firm consolidation, not a dispute, though Assure's last opinions still carried a going-concern qualification. Longstreet, now fully owned, is being advanced toward a formal Environmental Impact Statement.
4 Mar 2026capital raising announcement▲ GoodMajor
Raised $3.68 million — by far its largest financing — combining new capital with debt conversion at $0.04/unit; insiders, including the CFO and all three board members, took part, a strong show of confidence as the company pushes Longstreet toward permitting.
28 Sept 2020asset acquisition disposition▲ GoodMajor
Completed the Longstreet title transfer: Great Basin Resources quitclaimed 120 unpatented mining claims to Star Gold following a $30,000 payment, closing out the prior year's deal and giving Star Gold clear ownership of its flagship project.
17 Sept 2020security holder rights change● Neutral
Extended the warrant repricing deadline a second time, to September 30, 2020 — the third deadline set for the same incentive.
8 Sept 2020security holder rights change● Neutral
Extended the temporary $0.045 warrant repricing deadline from August 31 to September 11, 2020.
15 June 2020security holder rights change● Neutral
Temporarily repriced all outstanding warrants to $0.045/share through August 31, 2020 to encourage exercise and raise cash.
14 Aug 2019farm in farm out agreement▲ GoodMajor
Struck a final deal for outright title to Longstreet: in exchange for repricing existing options, issuing new ones, a $50,000 cash payment and an 18-month consulting agreement, Great Basin Resources — now the counterparty holding the underlying option, in place of the original MinQuest structure — agreed to transfer the property free of any further required spending, with Star Gold keeping an option to buy back half of the 3% royalty for $1.75 million once ore sales begin.
6 Dec 2018farm in farm out agreement▼ Bad
Again pushed back Longstreet's required expenditure deadlines, collapsing the 2019 and 2020 payment dates into a single August 2019 deadline — continuing the pattern of renegotiating the schedule rather than meeting it.
19 Oct 2017capital raising announcement▲ Good
Closed its largest raise yet, $1,079,885 from 34 investors, at an effective $0.05/share.
14 Oct 2016capital raising announcement▼ Bad
Raised $700,000 at $0.05/share — half the price of the prior year's round — as the stock continued to slide.
14 Oct 2015capital raising announcement● Neutral
Raised $421,400 at roughly $0.10/share; unusually, the warrants can be called early once the company obtains a Bureau of Land Management Record of Decision approving Longstreet's Environmental Impact Statement, tying this financing to the permitting process.
18 Dec 2014farm in farm out agreement▼ Bad
Renegotiated the Longstreet option with MinQuest, pushing $650,000 of exploration spending due by January 2016 into later years in exchange for granting MinQuest more stock options — relief suggesting Star Gold was struggling to fund the schedule as originally written.
28 Aug 2014capital raising announcement● Neutral
Raised $371,312 from 9 investors, with warrants struck at $0.23 — well below the $0.50 warrants sold the year before, reflecting a weaker share price.
9 Oct 2013capital raising announcement▲ Good
Raised $1.1 million — its largest placement to date — selling 4.4 million shares and warrants to 14 investors.
What it means for a shareholder
4.4m new shares at about US$0.250 to raise about US$1.1m. That's 13% dilution: every existing holder's slice gets 13% smaller. If you held US$1,000 of shares (4,000 at the issue price), your slice goes from 0.0131% to 0.0114% of the company. To keep it you'd need 575 more shares - about US$144 at the issue price.
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23 May 2013capital raising announcement▲ Good
Investors exercised warrants from the February 2012 offering for $622,896, bringing shares outstanding to about 30.6 million.
25 Feb 2013capital raising announcement● Neutral
Extended the expiry of warrants from the February 2012 debenture financing by about two and a half months, to April 30, 2013.
22 Jan 2013capital raising announcement▲ Good
Closed a $358,000 private placement of stock and warrants at $0.40/share, including an institutional investor, to fund working capital and the 2013 Longstreet drilling program.
19 June 2012capital raising announcement▲ Good
Raised a further $250,000 through a second debenture tranche (5% notes, convertible this time at $0.30/share) to fund the company's summer 2012 drilling program.
2 May 2012capital raising announcement● Neutral
The $900,000 raised via February's convertible debentures converted into 9 million common shares, retiring that debt in exchange for dilution.
21 Feb 2012capital raising announcement▲ GoodMajor
Launched a $1.5 million convertible debenture program (5% notes converting at $0.10/share, plus warrants) to fund exploration, with $900,000 already placed by mid-February 2012.
19 Jan 2012financial restatement▼ BadMajor
Restated its FY2010 and Q1 FY2011 financial statements after finding it had been misapplying accounting rules for capitalizing lease and option payments on the Excalibur, Longstreet and Jet properties since 2008 — an accounting fix, not a change to the underlying assets.
8 June 2011auditor change● Neutral
Switched auditors from Jewett, Schwartz, Wolfe & Associates to DeCoria Maichel Teague; no disagreements were reported, though the outgoing firm's last opinion had already flagged going-concern doubt.
22 Nov 2010capital raising announcement▲ Good
Raised $120,000 in a private placement (240,000 units at $0.50) earmarked for further work at Longstreet and Excalibur.
What it means for a shareholder
240,000 new shares at US$0.500 to raise about US$120,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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12 July 2010material agreement▲ Good
Added a third, much smaller MinQuest option — the 4-claim Jet Project in Esmeralda County — for a modest $5,000 upfront plus $35,000 in further payments and $70,000 of spending over seven years.
20 Jan 2010material agreement▲ GoodMajor
Star Gold optioned a second, larger MinQuest property — the 60-claim Longstreet project near Tonopah, Nevada — under a 7-year deal requiring $250,000 in payments and $3.55 million of exploration spending to earn a 100% interest, less a 3% royalty to MinQuest. Longstreet would go on to become the company's flagship asset.
22 June 2009material agreement▲ Good
Now renamed Star Gold Corp., the company expanded Excalibur from 8 to 50 claims after MinQuest staked 42 more claims around the original ground and folded them into the purchase agreement.
16 Apr 2008material agreement▲ GoodMajor
Elan Development (soon renamed Star Gold Corp.) agreed to acquire 100% of MinQuest's 8-claim Excalibur gold property in Nevada for $100,000 cash, 200,000 shares/options and $275,000 of required exploration spending, leaving MinQuest a 3% smelter royalty — the deal that gave the company its first project.
16 Apr 2008material agreement▲ Good
The same-day amended filing disclosed the company had also raised $60,000 in a private placement (600,000 shares and warrants at $0.10) to help fund the new Excalibur acquisition.
