Welcome to our dedicated page for Northern Mineral SEC filings (Ticker: NMEX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
northern minerals & exploration ltd. operates as a natural resource company in the united states. it produces oil and gas in central texas; and explores for gold and silver in northern nevada. the company has interest in the j.e. richey lease located in coleman county, texas. it is also involved in hotel & resort development activities. the company was formerly known as punchline resources ltd. and changed its name to northern minerals & exploration ltd. in august 2013. northern minerals & exploration ltd. was incorporated in 2006 and is based in salt lake city, utah.Northern Minerals & Exploration Ltd. reports results for the quarter ended October 31, 2025. The company generated its first oil and gas revenue of
Total assets were
The company discloses an accumulated deficit of
Northern Minerals & Exploration Ltd. (NMEX) filed Amendment No. 1 to its annual report for the year ended July 31, 2025, primarily to update signatures and officer certifications without other material changes. The company reported first-time oil and gas revenue of $8,634 from its working interests in 14 Oklahoma wells, generating a small gross margin of $264. Operating expenses of $235,578 and an impairment charge of $140,744 on oil and gas properties drove a net loss of $383,612, widening from $170,340 in 2024.
Total assets were $162,265, including $151,456 of capitalized oil and gas properties, against total liabilities of $385,613, resulting in a stockholders’ deficit of $223,348. The auditor highlighted substantial doubt about the company’s ability to continue as a going concern due to recurring losses, negative working capital and cash flow use. NMEX financed operations through equity sales and debt, including a related-party line of credit with up to $500,000 available, of which $135,000 was drawn as of July 31, 2025.
Northern Minerals & Exploration Ltd. (NMEX) is a junior natural resources company focused on oil and gas production in Texas and Oklahoma and gold and silver exploration in Nevada. In the year ended July 31, 2025, it recorded its first oil and gas revenue of $8,634, generating a modest gross margin of $264, but expenses and a non-cash impairment drove a larger loss. The company reported a net loss of $383,612, more than double the prior year’s loss of $170,340, including $140,744 of impairment on oil and gas properties.
Total assets were $162,265, mostly oil and gas properties, against $385,613 of liabilities, resulting in a stockholders’ deficit of $223,348 and only $4,059 of cash. Operations were funded primarily through related-party and third-party loans and small equity issuances, including stock issued to acquire interests in Lost Creek Acquisitions LLC. The auditor and management highlight recurring losses, negative working capital, and accumulated deficit as raising substantial doubt about the company’s ability to continue as a going concern, and management concludes internal controls over financial reporting are ineffective.
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