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MINERVA GOLD INC 10-Q Filings

MINR OTC

Every 10-Q that MINERVA GOLD INC (MINR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow MINR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MINR filings page.

Rhea-AI Summary

Minerva Gold Inc. (MINR) reported very small-scale operations with continuing losses and a weakened balance sheet for the three months ended May 31, 2026. Revenue was $9,000 against operating expenses of $11,221, resulting in a net loss of $2,221, similar to the prior-year period.

Total assets fell to $2,450 from $10,116 at February 28, 2026, while liabilities were $54,835, entirely short term and largely a non‑interest‑bearing, on‑demand loan from a former officer, producing a stockholders’ deficit of $52,385. Cash was essentially nil and operating cash outflow was $6,132. The company’s auditors and management highlight substantial doubt about its ability to continue as a going concern. A prior mineral property option was terminated, so no exploration rights are currently held, and management has signed a related‑party letter of intent to acquire Chinese sanitary‑ware manufacturer Taizhou Sentian using common and preferred stock, with a definitive agreement targeted around August 31, 2026. Disclosure controls and procedures were assessed as not effective.

Rhea-AI Summary

Minerva Gold Inc. reported a small design-services business but remains financially strained in its quarterly report for the period ended November 30, 2025. The company generated $24,000 in revenue for the nine months, all from design services, compared with no revenue a year earlier. Despite this, it posted a nine‑month net loss of $13,945, an improvement from a $23,048 loss in the prior‑year period, and a loss of $19,295 for the most recent quarter alone.

Liquidity is very weak: cash was only $759 as of November 30, 2025, down from $17,180 at the prior fiscal year‑end. Total liabilities were $58,280, largely a $55,780 non‑interest‑bearing, demand loan from the sole officer and director, and stockholders’ deficit widened to $54,721. Accumulated loss since inception reached $91,121, and management states there is substantial doubt about the company’s ability to continue as a going concern.

The company no longer holds rights to its previously optioned mineral property after failing to meet a $500,000 cash payment, $300,000 exploration spending, and a 30% share transfer requirement under a terminated option agreement. Management discloses that disclosure controls and procedures were not effective and that additional equity or debt financing will be needed to fund planned operations.

Rhea-AI Summary

Minerva Gold Inc. is a junior mineral exploration company operating in Kazakhstan that also expanded into a new design services segment to diversify revenues. The company has 6,570,000 shares issued and outstanding and an authorized capital of 75,000,000 common shares with a $0.001 par value.

The filing discloses a substantial doubt about the company's ability to continue as a going concern, citing a reported figure of 71,826 that contributes to that assessment. The company has a $55,780 non‑interest bearing, unsecured, demand loan outstanding to cover incorporation and general administrative costs.