The numbers, and where they come from.
Share structure, cash, recent financings and the filings behind them. Every figure on this page traces to a public document on SEDAR+ or a news release, cited inline and as of a stated date, no exceptions.
Capital structure
Common shares outstanding
At the date of the Q1 2026 report. The figure at March 31, 2026 was 11,192,450, before the April 6, 2026 private placement and the May 21, 2026 shares-for-debt settlement.
Source: Q1 2026 MD&A, period ended March 31, 2026 (dated May 26, 2026).
Financial position
Cash
At March 31, 2026. Total assets were $77,066, including $71,500 of marketable securities.
Source: Q1 2026 condensed interim consolidated financial statements.
Working capital deficit
At March 31, 2026. The Company owes $7,011,419 to creditors who have agreed to postpone repayment of principal and accrued interest until December 31, 2027.
Source: Q1 2026 MD&A and financial statements.
Net loss, three months
For the three months ended March 31, 2026, comprising $83,852 from continuing operations and $33,195 from discontinued operations.
Source: Q1 2026 financial statements.
Filings & documents
SEDAR+ issuer profile
Audited annual financial statements, Management Discussion & Analysis, AGM materials, technical reports and material change reports are filed under TGX Energy & Resources Inc. (legacy profile: True North Gems Inc.).
Auditor
Saturna Group Chartered Professional Accountants LLP, Vancouver, BC. The Company's fiscal year ends December 31.
Source: Q3 MD&A, period ended September 30, 2025.
Latest interim filings
Q1 2026 financial statements
Condensed interim consolidated financial statements as at and for the three month period ended March 31, 2026. Unaudited, prepared by management and authorized for issuance by the Board on May 26, 2026.
Q1 2026 MD&A
Management discussion and analysis for the three months ended March 31, 2026, prepared on the basis of information available to May 26, 2026.
Notice to investors
The Company is in the exploration stage and has not generated revenue. The Company's interim and annual financial statements include a going-concern note. Mineral exploration is inherently speculative. No mineral resources or mineral reserves have been defined on any of the Company's properties. Investors are urged to read the Company's filings on SEDAR+, including the most recent audited annual financial statements, interim MD&A and management information circular, before making any investment decision. See Disclosure.