Star Gold net loss widens 220.5% to $824,850 in FY26

Reuters2026/07/22 13:57

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Star Gold Corp. posted a net loss of $824,850 for fiscal 2026, widening 220.5% from the prior year.
Pre-development expense climbed to $231,565, up 2,533.2% year over year, as work advanced on the Longstreet Project permitting plan.
Legal and professional fees rose to $253,029, up 196.6%, on higher legal services tied to compliance, SEC filings, property transfer and corporate transactions.
Cash flow used by operating activities increased to $929,165, while cash on hand totaled $1.93 million at April 30, 2026.
Proceeds included a Feb. 27 private placement that raised $2.98 million, alongside $671,450 of debt and accrued interest converted into equity units.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Star Gold Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-024054), on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Star Gold net loss widens 220.5% to $824,850 in FY26

You may also like

Crypto prices