22 February 2026
Minerva Gold Inc.
10-K / May 8, 2025
10-K / May 16, 2024
10-K / May 8, 2025
Company Summary: Minerva Gold Inc.
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Type of Business:
Minerva Gold Inc. is primarily a mineral exploration company engaged in the identification, acquisition, and exploration of precious metals in Kazakhstan. -
Additional Business Segment:
The company has expanded to include design services, providing innovative, tailored design solutions across various industries, from conceptualization to execution. -
Operations and Infrastructure:
- Employees:
The company has a limited operational scale with only its key officers and no significant further personnel mentioned. - Facilities:
Does not own any physical property or facilities.
- Employees:
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Financials (as of February 28, 2025):
- Revenue:
$26,000 for the fiscal year ending February 28, 2025.
No revenue was recorded in the previous year (ended February 29, 2024). - Net Income (Loss):
A net loss of $7,123 in fiscal year 2025, compared to a net loss of $35,660 in 2024. - Assets:
Total assets of $27,005, primarily cash ($17,180) and prepaid expenses ($6,500), with minor property assets. - Liabilities:
Total liabilities of $67,780, including deferred revenue of $12,000 and loans from related parties totaling $55,780. - Stockholders’ Equity:
A negative equity of $40,775, reflecting accumulated deficits.
- Revenue:
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Customer Base and Revenue Details:
No specific details on the number of customers or clients are provided. Revenue is generated mainly from design services, but no details on the number of clients served or contract specifics are given. -
Funding and Capital:
The company is funded through private placements, loans from shareholders, and related-party advances. As of the latest reporting, it relies heavily on these sources with no external commercial bank credit lines. -
Employees:
Only the director and officers are identified; no additional employees are mentioned. -
Other Details:
- The company operates as a single-reportable segment focused on mineral exploration and design services.
- It has never paid dividends and has no current stock-based compensation plans.
- The company’s business is still at an early stage with ongoing development and exploration efforts.
