Ranger Gold Corp 10-Q for FY2024 Q3

Ranger Gold Corp. (RNGC)

10-Q 2024-02-26 For: 2023-12-31

Added on April 06, 2026

About this 10-Q

Ranger Gold Corp filed this 10-Q on February 26, 2024, covering the quarter ended December 31, 2023 (FY2024 Q3).

Headline figures

Quarter ended December 31, 2023, as reported in this filing, compared with the same period a year earlier where the filing states it.

Revenue: $0; compared with $0 a year earlier
Net loss: $23.98K; compared with a net loss of $3600 a year earlier

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☒	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

	For the quarterly period ended: December 31, 2023

☐	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

	For the transition period from ________ to _________

	Commission file number: 000-53817

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
None

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
Emerging Growth Company	☐
(Do not check if a smaller reporting company)

Ranger Gold Corp.
Balance Sheets

	As of			As of
	December 31, 2023 (Unaudited)			March 31, 2023 (Audited)

CURRENT ASSETS	$	-		$	-
TOTAL CURRENT ASSETS		-			-

TOTAL ASSETS	$	-		$	-

LIABILITIES
CURRENT LIABILITIES
Accounts Payable		2,243			3,243

TOTAL CURRENT LIABILITIES		2,243			3,243

TOTAL LIABILITIES		2,243			3,243

COMMITMENTS AND CONTINGENCIES	$	-		$	-

STOCKHOLDER'S EQUITY
Common stock ($0.0001 par value; 500,000,000 shares authorized; 248,020,000 and 248,020,000 shares issued and outstanding at December 31, 2023 and March 31, 2023, respectively)		24,802			24,802
Preferred stock ($0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding at December 31, 2023 and March 31, 2023, respectively)		-			-
Additional Paid in Capital		1,134,659			1,097,084
Accumulated Deficit		(1,161,704	)		(1,125,129	)
TOTAL STOCKHOLDER'S EQUITY (DEFICIT)		(2,243	)		(3,243	)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY/(DEFICIT)	$	-		$	-

Ranger Gold Corp.
Statements of Cash Flows (Unaudited)

	For the Nine Months ended December 31,
	2023			2022 (Restated)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	(36,575	)	$	(16,133	)

Adjustments to reconcile net (loss) to net cash provided by (used in) operations:
Changes in Assets and Liabilities:
Increase (decrease) in Accounts Payable and Other Accruals		(1,000	)		2,159
Increase (decrease) in Accrued Interest Expense		-			-
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES		(37,575	)		(13,974	)
CASH FLOWS TO/(FROM) FINANCING ACTIVITIES:
Contributions of Capital by Major Shareholder		37,575			13,974
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES		37,575			13,974

NET INCREASE(DECREASE) IN CASH AND CASH EQUIVALENTS		-			-

CASH AND CASH EQUIVALENTS,
BEGINNING OF THE PERIOD		-			-
END OF THE PERIOD	$	-		$	-

*SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:*
*CASH PAID DURING THE PERIOD FOR:*
Interest	$	-		$	-
Taxes	$	-		$	-

Level 1	Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.
Level 2	Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
Level 3	Pricing inputs that are generally unobservable inputs and not corroborated by market data.

	December 31,
	2022 Originally Reported			2022 Restated			Amount of Change
Expenses:
Filing Fees		627			748			(121	)
Professional Fees		11,535			15,385			(3,790	)
Total Expenses		12,162			16,133			(3,911	)
NET LOSS		(12,162	)		(16,133	)		3,971

	·	Our ability to obtain financing as and when needed on acceptable terms.
	·	Our management’s inexperience in the mining industry.
	·	Our lack of mining properties and the difficulties we will encounter in identifying and completing due diligence on mining properties and negotiating deals to acquire mining properties at attractive valuations.
	·	Our ability to manage the myriad risks attendant to the mining industry, including risks to life and property, many of which are uninsurable
	·	Title risks attendant to properties that we may acquire.
	·	Our failure to accurately estimate the amount of reserves on a property and our ability to mine such reserves profitably.
	·	Risks associated with navigating governmental regulations and obtaining and maintaining permits required to conduct operations.
	·	Costs associated with complying with governmental regulations, including environmental regulations.
	·	The impact that changes in federal and state legislation, including changes in mining taxes and royalties payable to governments, could have on our revenues.
	·	The impact that regulations and pending legislation involving climate change could have on our ability to operate and on operating costs, which could have a material adverse effect on our business.
	·	The impact of weather and other natural events on our operations.
	·	Changes in commodity prices.
	·	The costs of defending litigation and payments we may be required to make with respect to decisions adverse to us.
	·	The lingering economic and social impacts of COVID 19 and our ability to retain qualified contractors and employees.
	·	The impact of inflation on our ability raise capital and on operating costs.

Exhibit		Description

10.1		Drawdown Promissory Note in favor of Bryan Glass Securities, Inc. dated January 1, 2024.
31.1		Certification of the Company’s Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022.
31.2		Certification of the Company’s Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022.
32.1*		Certification of the Company’s Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act of 2002.
101.INS		Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)
101.SCH		Inline XBRL Taxonomy Extension Schema Document
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document
104		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

	RANGER GOLD CORP.

Date: February 26, 2024	By:	/s/ Bryan Glass
	Name:	Bryan Glass
	Title:	President, Principal Executive Officer and Principal Financial Officer

Date of Advance	Amount of Advance	Amount of Principal Paid	Name of Person Making the Notation

1.	I have reviewed this quarterly report on Form 10-Q of Ranger Gold Corp.;

2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.	As the registrant’s sole certifying officer, I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under my supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.