secwatch.observer — SEC 8-K summary
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Issuer:     ATHENA GOLD CORP (AHNRF)
CIK:        0001304409
Form:       8-K/A
Filed at:   2022-03-14T23:59:59+00:00
Accession:  0001683168-22-001648
Event type: m_and_a
Sentiment:  negative
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acquired Nubian Resources USA reports 2020 net loss $29,955, accumulated deficit $537,733, going concern uncertainty
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- Net loss for 2020 was $29,955; accumulated deficit reached ($537,733) as of Dec 31, 2020.
- Total liabilities of $812,486, mostly $809,892 due to parent company Nubian Resources Ltd.
- Total assets $274,768: mineral concessions $215,268 and assets held for sale $59,500 (Dunfee/Copper Hills sold to related party).
- Going concern doubt: accumulated losses, no revenue, reliant on parent funding for operations.
- Acquired entity has no cash, no revenue, and ongoing exploration expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1304409/000168316822001648/0001683168-22-001648-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1304409/000168316822001648/athenagold_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-001648

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