Past year: ▲ 300%(3.75c – 17.6c USD)
Each one in plain English, with the numbers worked through for a shareholder.
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.
15 Dec 2011quarterly activities report▼ Bad
Star Gold Corp. reported a quarterly net loss of $162 thousand for the period ended 2011-10-31.
14 Sept 2011quarterly activities report▼ Bad
Star Gold Corp. reported a quarterly net loss of $164 thousand for the period ended 2011-07-31.
29 July 2011late filing notice▼ Bad
Star Gold Corp. notified the SEC that its annual report would be filed late.
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 Mar 2011quarterly activities report▼ Bad
Star Gold Corp. reported a quarterly net loss of $40 thousand for the period ended 2011-01-31.
17 Mar 2011late filing notice▼ Bad
Star Gold Corp. notified the SEC that its quarterly report would be filed late.
15 Dec 2010quarterly activities report▼ Bad
Star Gold Corp. reported a quarterly net loss of $138 thousand for the period ended 2010-10-31.
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.
Create a free account to see this worked out for your own holding.
5 Oct 2010securities registration● Neutral
Star Gold Corp. filed notice of an exempt private placement.
15 Sept 2010late filing notice▼ Bad
Star Gold Corp. notified the SEC that its quarterly report would be filed late.
15 Sept 2010quarterly activities report▼ Bad
Star Gold Corp. reported a quarterly net loss of $71 thousand for the period ended 2010-07-31.
30 July 2010late filing notice▼ Bad
Star Gold Corp. notified the SEC that its annual report would be filed late.
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.
15 June 2010director interest notice● Neutral
Star Gold Corp. CEO, CFO Lindsay Edward Gorrill bought 8,000 shares on the open market at $0.25.
7 June 2010director interest notice● Neutral
Star Gold Corp. CEO, CFO Lindsay Edward Gorrill bought 10,000 shares on the open market at $0.28.
7 June 2010director interest notice● Neutral
Lindsay Edward Gorrill became a Star Gold Corp. CEO,, CFO and company insider (initial ownership filing).
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.
29 July 2009late filing notice▼ Bad
Star Gold Corp. notified the SEC that its annual report would be filed late.
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.
31 July 2008late filing notice▼ Bad
Star Gold Corp. notified the SEC that its annual report would be filed late.
16 Apr 2008material agreement▲ GoodMajor
Elan Development signed a purchase agreement with MinQuest on April 11, 2008, giving it the right to acquire 100% of the Excalibur property, 8 unpatented claims in Mineral County, Nevada. It would lose all rights and payments made if it failed to make the required payments.
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.
2 July 2007securities registration● Neutral
Star Gold Corp. filed the final prospectus for a registered offering.
14 June 2007securities registration● Neutral
Star Gold Corp. registered a small-business securities offering with the SEC.
