NALG · North America Lithium & Gold Corp · Exempt Offerings
$0.04
+0.00 (+0.00%)
At close · Nov 12
Return incl. dividend (before tax)
Going-concern doubt
— flagged Mar 14, 2025
Substantial doubt about the company's ability to continue as a going concern.
“As of March 31 2006, there is substantial doubt regarding our ability to continue as a going concern as we have not generated sufficient cash flow to fund our operations. We have suffered recurring losses from operations and have not yet generated any revenue. As a result of these and other factors, our independent auditor has expressed substantial doubt about our ability to continue as a going concern. Our future success and viability, therefore, are dependent upon our ability to generate capital financing. The failure to generate sufficient revenues or raise additional capital may have a material and adverse effect upon us and our shareholders.”View the 10-Q filed Mar 14, 2025
Market Cap
$13.67M
Shares
340.82M
Volume · Nov 12
1385
Avg daily vol (3M)
31.93K
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Private capital raises reported to the SEC on Form D under Regulation D, showing the offering size, amount sold, minimum investment and number of investors. Public operating companies rarely raise capital this way, so this page is often empty.