Northern Minerals & Exploration LTD. (NMEX) — SEC Filings

Overview

Northern Minerals & Exploration LTD. (NMEX) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Dec 15, 2025: NORTHERN MINERALS & EXPLORATION LTD. (NMEX) reported a net loss of $63,208 for the three months ended October 31, 2025, an improvement from the $77,462 net loss in the same period of 2024. The company generated revenue of $5,065 in Q1 2026, a significant increase from zero revenue in Q1 2025, primar

Sentiment Summary

Across 12 filings, the sentiment breakdown is: 4 bearish, 8 neutral. The dominant filing sentiment for Northern Minerals & Exploration LTD. is neutral.

Filing Type Overview

Northern Minerals & Exploration LTD. (NMEX) has filed 6 10-Q, 1 10-K/A, 2 10-K, 3 8-K with the SEC between Mar 2024 to Dec 2025.

Filings by Year

2025 · 2024

Recent Filings (12)

• NMEX Narrows Loss to $63K, Boosts Revenue Amid Going Concern Doubts — 10-Q · Dec 15, 2025 Risk: high
  NORTHERN MINERALS & EXPLORATION LTD. (NMEX) reported a net loss of $63,208 for the three months ended October 31, 2025, an improvement from the $77,462 net loss
• NMEX Amends 10-K, Removes Officer from Signatures — 10-K/A · Nov 26, 2025 Risk: high
  NORTHERN MINERALS & EXPLORATION LTD. (NMEX) filed an Amendment No. 1 to its Form 10-K for the fiscal year ended July 31, 2025, primarily to remove Ivan Webb fro
• NMEX Stalls: No Revenue, Zero Employees, High Regulatory Risk — 10-K · Nov 17, 2025 Risk: high
  NORTHERN MINERALS & EXPLORATION LTD. (NMEX) reported no revenue for the fiscal year ended July 31, 2025, and has not incurred any research and development expen
• Northern Minerals & Exploration Ltd. Appoints New CEO — 8-K · Oct 20, 2025 Risk: medium
  Northern Minerals & Exploration Ltd. announced on October 17, 2025, a change in its principal executive officer, with John L. Wilson stepping down as CEO. The c
• NMEX Narrows Losses, Acquires New Property Amidst Debt-to-Equity Swaps — 10-Q · Jun 16, 2025 Risk: high
  NORTHERN MINERALS & EXPLORATION LTD. (NMEX) reported no revenue for the nine months ended April 30, 2025, consistent with the prior year, indicating its pre-rev
• Northern Minerals & Exploration Ltd. Reports Asset Deal & Officer Changes — 8-K · May 12, 2025 Risk: medium
  Northern Minerals & Exploration Ltd. (formerly Punchline Resources Ltd. and Punchline Entertainment, Inc.) filed an 8-K on May 12, 2025, reporting on the comple
• Northern Minerals & Exploration Ltd. Q2 2025 Update — 10-Q · Mar 17, 2025 Risk: medium
  Northern Minerals & Exploration Ltd. filed its Q2 2025 10-Q report for the period ending January 31, 2025. The company, formerly known as Punchline Resources Lt
• Northern Minerals & Exploration Ltd. Reports Officer and Director Changes — 8-K · Mar 13, 2025 Risk: medium
  Northern Minerals & Exploration Ltd. filed an 8-K on March 13, 2025, reporting changes effective March 12, 2025. The filing pertains to the departure of directo
• Northern Minerals & Exploration Ltd. Files Q1 2025 10-Q — 10-Q · Dec 13, 2024 Risk: medium
  Northern Minerals & Exploration Ltd. filed its 10-Q for the period ending October 31, 2024. The company, formerly known as Punchline Resources Ltd., is involved
• Northern Minerals & Exploration Ltd. Files 2024 10-K — 10-K · Oct 29, 2024 Risk: medium
  Northern Minerals & Exploration Ltd. filed its 2024 10-K report, detailing its operations for the fiscal year ending July 31, 2024. The company, previously know
• Northern Minerals & Exploration Ltd. Files Q3 2024 10-Q — 10-Q · Jun 13, 2024 Risk: low
  Northern Minerals & Exploration Ltd. filed its Q3 2024 10-Q report for the period ending April 30, 2024. The company, formerly known as Punchline Resources Ltd.
• Northern Minerals & Exploration Ltd. Files 10-Q for Q2 2024 — 10-Q · Mar 18, 2024 Risk: low
  NORTHERN MINERALS & EXPLORATION LTD. (NMEX) filed a Quarterly Report (10-Q) with the SEC on March 18, 2024. The company filed its 10-Q for the period ending Jan

Risk Profile

Risk Assessment: Of NMEX's 12 recent filings, 4 were flagged as high-risk, 6 as medium-risk, and 2 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Key financial metrics from Northern Minerals & Exploration LTD.'s most recent 10-Q filing (Dec 15, 2025):

• Revenue: $5,065
• Net Income: -$63,208
• EPS: N/A
• Debt-to-Equity: N/A
• Cash Position: $8,270
• Operating Margin: -1173.2%
• Total Assets: $170,966
• Total Debt: $457,522

Key Executives

• Nevada
• Oklahoma
• Texas
• Ivan Webb
• Noel Schaefer
• Rachel Boulds
• John L. Wilson
• David L. Johnson
• Karl Herger
• Victor Miranda
• Robert Campbell
• Mr Miranda

Industry Context

The oil and gas exploration and production sector is capital-intensive and subject to volatile commodity prices. Companies in this industry face significant exploration risks, regulatory hurdles, and environmental concerns. NMEX appears to be in the early stages of operations, generating minimal revenue from oil and gas sales, and is heavily reliant on financing.

Top Tags

mining (4) · exploration (3) · financials (3) · 10-Q (3) · Penny Stock (2) · Related Party Transactions (2) · Mineral Exploration (2) · management-change (2) · Oil and Gas (1) · Exploration (1)

Executive Compensation

From the most recent 10-K filing (Nov 17, 2025):

• Noel Schaefer — Director: $75,450
• Ivan Webb — Officer: $27,600
• Rachel Boulds — Officer: $27,600

Key Numbers

• Net Loss: $63,208 — Decreased from $77,462 in the prior year period.
• Revenue: $5,065 — Generated from oil and natural gas sales, up from $0 in Q1 2025.
• Cash: $8,270 — As of October 31, 2025, increased from $4,059 at July 31, 2025.
• Cash Used in Operating Activities: $57,789 — For the three months ended October 31, 2025.
• Accumulated Deficit: $3,985,003 — As of October 31, 2025, indicating significant historical losses.
• Total Stockholders' Deficit: $286,556 — As of October 31, 2025, worsened from $223,348 at July 31, 2025.
• Proceeds from Note Payable – Related Party: $62,000 — Primary source of cash provided by financing activities.
• Common Shares Outstanding: 111,238,932 — As of December 15, 2025.
• Total Liabilities: $457,522 — As of October 31, 2025, significantly exceeding total assets.
• Total Assets: $170,966 — As of October 31, 2025.
• Aggregate market value of non-affiliate common equity: $1,563,000 — Based on 102,841,682 shares at $0.0152 per share as of the last business day of the most recently completed second fiscal quarter.
• Common shares issued and outstanding: 107,238,932 — As of November 13, 2025.
• Number of employees: 0 — As of July 31, 2025, the company has no employees.
• Number of officers acting as consultants: 3 — Ivan Webb, Noel Schaefer, and Rachel Boulds.
• Year of incorporation: 2006 — Incorporated on December 11, 2006, under Nevada laws.

Frequently Asked Questions