Get Started for Free Contexxia identifies hard-to-find pieces of information in SEC filings. No more highlighters, no more redlining, no more poring over huge documents. Tundra Gold Corp. (1499467) 10-Q published on Mar 12, 2013 at 6:17 pm
Reporting Period: Jan 30, 2013
For the three-months ended January 31, 2013 we had a net loss of $18,583 compared to a net loss of $22,149 for the three-months ended January 31, 2012. The decrease in the net loss was due to the Company incurring $0 in mineral property exploration expenses in the three-months ended January 31, 2013 compared to $3,300 in the three-months ended January 31, 2012. During the three months ended January 31, 2012 the Company incurred expenses relating to the archeological survey and mapping of its Crescent Fault Property. General and administrative expenses were $18,583 for the three months ended January 31, 2013 compared to $18,849 for January 31, 2012.
Net cash used in operating activities during the nine months ended January 31, 2013 was $63,585 compared to $88,476 during the nine months ended January 31, 2012. The cash used in operating activities decreased partly due to a decrease in the net loss to $63,007 in 2013 compared to $90,084 in 2012. The impact of the lower net loss was partially offset by cash flows from changes in accounts payable and accrued liabilities. For the nine months ended January 31, 2013 there was an outflow of $3,695 compared to an inflow of $78 for the nine months ended January 31, 2012. For the nine months ended January 31, 2013, cash received from financing activities was $0 compared to $100,000 in the nine months ended January 31, 2012 which was received from the collection of subscriptions receivable. Investing activities for the nine months ended January 31, 2013 consisted of $5,000 related to the annual Marietta property lease payment and $10,300 received from the refund of the reclamation bond on the Crescent Fault Property. Investing activities for the same period in 2012 consisted of $5,000 related to the annual Marietta property lease payment and the payment of $10,330 for the Crescent Fault bond.