Roxmore Resources Inc. (GARLF)
Roxmore Resources Inc. functions as an investment firm, allocating capital across various sectors including life sciences, mining, industrial enterprises, and technological innovations. The company's assets include a complete ownership stake in the Carlyle's Newton Gold Project, situated approximately 100 kilometers west of Williams Lake in central British Columbia, Canada. Additionally, its portfolio features the Converse Gold Project, an undeveloped gold deposit located within the Battle Mountain trend, and the Rattlesnake Hills Gold Project, positioned in Central Wyoming, roughly 100 kilometers southwest of Casper in western Natrona County. Founded in 1987, the company initially operated under the name Axcap Ventures Inc. before rebranding to Roxmore Resources Inc. in November 2025. Its corporate headquarters are located in Vancouver, Canada.
Industry: Other Precious Metals
Roxmore Resources Inc.
OTC:GARLFBasic Materials · Other Precious Metals
+0.21%$4.90
Mkt Cap$353.82M
Float25.39M
O/S72.21M
Inst Own-
SI0.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$11.14M
Total Assets$36.32M
Free Cash Flow-$12.93M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$30.48M
Shares Outstanding
Short Interest
Split History4 splits · 3 reverse
2-year cumulative
1:10
Nasdaq bars a compliance period at 1:250
- 1:10Reverse splitNov 20, 202510 shares → 1
- 2.4:1Forward splitOct 30, 20241 share → 2.4
- 1:10Reverse splitMay 21, 202410 shares → 1
- 1:25Reverse splitNov 12, 201925 shares → 1
Balance Sheet Details
Assets$36.32M
Liabilities$5.84M
Accounts Receivable$97K
Accounts Payable$0
Inventory$0
PP&E (Net)$2K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | 2011-01-31 | 2010-01-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $31.15M | $41.73M | $10.09M | $87K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | -25.3% | 313.7% | 11476.0% | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $308 | $54 | $166 | $398 | $30.68M | $41.03M | $9.66M | $9K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | -$307 | -$54 | -$166 | -$398 | $476K | $697K | $423K | $78K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | 1.5% | 1.7% | 4.2% | 90.0% | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $9.67M | $2.7M | $323K | $175K | $617K | $702K | $2.54M | $16.42M | $771K | $60K | $83K | $102K | $72K | $23K | $19K | $25K | $38K |
| Other | $113K | $225K | $0 | -$68K | $216K | $0 | -$2.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $9.79M | $2.7M | $323K | $175K | $620K | $702K | $2.65M | $16.45M | $771K | $61K | $94K | $102K | $73K | $24K | $21K | $26K | $39K |
| Operating Income (EBIT) | -$9.79M | -$2.7M | -$323K | -$175K | -$620K | -$899K | -$2.17M | -$15.74M | -$1.41M | -$2K | $94K | $102K | $73K | $24K | $21K | $26K | $39K |
| Operating Margin | - | - | - | - | - | - | -7.0% | -37.7% | -14.0% | -2.0% | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $1K | $0 | $0 | $17K | $5K | $3K | $792 | $5K | $382 | $98 | $0 | $0 | $0 | $0 |
| Interest Income | $69K | $30K | $8 | $13K | $39K | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$1.35M | -$415K | -$901K | -$468K | $63K | $1.36M | $1.51M | -$13K | -$27K | -$465 | -$233K | -$128K | $108K | -$47K | -$41K | -$21K | -$61K |
| Income Before Tax (EBT) | -$11.14M | -$3.11M | -$1.22M | -$642K | -$535K | $463K | -$659K | -$15.76M | -$66K | -$69K | -$140K | -$27K | $181K | $24K | $21K | $5K | -$22K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $59K | $26K | -$35K | $141K | $0 | $0 | $0 | $47K | $41K | $0 | $0 |
| Net Income | -$11.14M | -$3.11M | -$1.22M | -$642K | -$535K | $463K | -$719K | -$15.79M | -$1.41M | -$69K | -$140K | -$27K | $181K | -$24K | -$21K | $5K | -$22K |
| Net Income Margin | - | - | - | - | - | - | -2.3% | -37.8% | -14.0% | -78.6% | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||||||||
| EPS | -0.48 | -0.63 | -3.30 | -1.90 | -6.40 | 5.40 | -8.60 | -240.30 | 0.00 | 0.00 | -434.00 | -10.00 | 1755.00 | -561.00 | -487.00 | 117.00 | -50.00 |
| Diluted EPS | -0.48 | -0.63 | -3.30 | -2.10 | -6.40 | 5.40 | -8.60 | -240.30 | 0.00 | 0.00 | -434.00 | -10.00 | 1755.00 | -561.00 | -487.00 | 117.00 | -50.00 |
| Weighted Average OS | 32.77M | 6.97M | 520,300 | 432,600 | 116,500 | 117,863 | 116,500 | 92,100 | 0 | 0 | 451 | 426 | 145 | 59 | 59 | 59 | 59 |
| EBITDA | -$9.79M | $149 | $311 | -$175K | -$620K | -$899K | -$570K | -$15.73M | $0 | $0 | $57K | $177K | -$72K | -$23K | -$19K | -$56K | -$55K |
| EBITDA Margin | - | - | - | - | - | - | -1.8% | -37.7% | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | 2011-01-31 | 2010-01-31 |
| Assets | |||||||||||||||||
| Current Assets | |||||||||||||||||
| Cash and Cash Equivalents | $961K | $8.45M | $78K | $148K | $591K | $117K | $1.38M | $3.99M | $7.75M | $733 | $396 | $39K | $62 | $14K | $150 | $202 | $5K |
| Short-Term Investments | $7.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $727 | $19K | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $8.12M | $8.45M | $78K | $148K | $591K | $117K | $1.38M | $3.99M | $7.75M | $733 | $1K | $58K | $62 | $14K | $150 | $202 | $5K |
| Accounts Receivable | $97K | $295K | $293K | $592K | $0 | $0 | $0 | $140K | $69K | $2K | $628 | $6K | $4K | $2K | $1K | $1K | $1K |
| Inventory | $0 | $0 | $0 | -$592 | $0 | $0 | $0 | $28K | $12K | $0 | $0 | $0 | $0 | $135 | $0 | $0 | $0 |
| Other Current Assets | $223K | $0 | $293K | $0 | $0 | $0 | $0 | -$5K | $0 | $0 | $0 | $0 | $0 | -$135 | $0 | $0 | $0 |
| Total Current Assets | $8.83M | $9.55M | $371K | $740K | $594K | $117K | $1.62M | $4.19M | $8.2M | $3K | $2K | $65K | $4K | $17K | $2K | $2K | $7K |
| Long-Term Assets | |||||||||||||||||
| Property, Plant & Equipment Net | $2K | $1.64M | $0 | $0 | $0 | $166 | $565 | $76K | $0 | $0 | $0 | $9K | $48K | $49K | $47K | $48K | $49K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $116K | $1.03M | $509K | $891K | $588K | $2.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $27.37M | $0 | $0 | $302K | $365K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $27.49M | $2.67M | $509K | $1.19M | $954K | $2.09M | $565 | $76K | $0 | $0 | $0 | $9K | $48K | $49K | $47K | $48K | $49K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $36.32M | $12.23M | $880K | $1.93M | $1.55M | $2.2M | $1.62M | $4.26M | $8.2M | $3K | $2K | $73K | $52K | $66K | $48K | $49K | $56K |
| Liabilities | |||||||||||||||||
| Current Liabilities | |||||||||||||||||
| Accounts Payable | $0 | $458K | $163K | $74K | $179K | $367K | $228K | $166K | $252K | $18K | $17K | $17K | $21K | $276K | $304K | $293K | $313K |
| Short-Term Debt | $0 | $178K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $34K | $34K | $34K | $34K | $34K | $90K | $34K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $304K | $18K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $2.87M | $466K | $34K | $34K | $34K | $34K | $90K | $34K | $0 | $0 | $0 | $0 | -$9K | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $2.87M | $671K | $342K | $172K | $322K | $443K | $318K | $571K | $252K | $160K | $90K | $40K | $80K | $556K | $515K | $496K | $507K |
| Long-Term Liabilities | |||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $2.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $2.97M | $0 | $0 | $0 | $0 | $0 | $0 | $26K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $5.84M | $671K | $342K | $172K | $322K | $443K | $318K | $597K | $252K | $160K | $90K | $40K | $80K | $556K | $515K | $496K | $507K |
| Stockholders' Equity | |||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $59.1M | $20.93M | $16.99M | $16.99M | $15.93M | $15.93M | $15.93M | $15.83M | $0 | $0 | $0 | $0 | $0 | $1.43M | $1.43M | $0 | $0 |
| Retained Earnings | -$34.91M | -$23.79M | -$20.67M | -$19.45M | -$18.81M | -$18.27M | -$18.74M | -$15.87M | -$3.27M | -$1.85M | -$1.78M | -$1.76M | -$1.74M | -$1.92M | -$1.9M | -$1.88M | -$1.88M |
| Comprehensive Income & Other | $5.74M | $13.87M | $3.68M | $3.68M | $3.56M | $3.56M | $3.56M | $3.17M | $335K | $0 | $0 | $0 | $146K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $6.28M | $14.41M | $4.22M | $4.22M | $4.1M | $4.1M | $4.1M | $3.71M | $11.21M | $1.69M | $1.69M | $1.8M | $1.71M | $0 | $0 | $1.43M | $1.43M |
| Total Equity | $30.48M | $11.56M | $538K | $1.76M | $1.23M | $1.76M | $1.3M | $3.67M | $7.94M | -$157K | -$88K | $34K | -$28K | -$491K | -$467K | -$446K | -$451K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $36.32M | $12.23M | $880K | $1.93M | $1.55M | $2.2M | $1.62M | $4.26M | $8.2M | $3K | $2K | $73K | $52K | $66K | $48K | $49K | $56K |
| Supplementary Data | |||||||||||||||||
| Total Debt | $0 | $178K | $0 | $0 | $0 | $0 | $0 | $0 | $352K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$961K | -$8.27M | -$78K | -$148K | -$591K | -$117K | -$1.38M | -$3.99M | -$7.4M | -$733 | -$396 | -$39K | -$62 | -$14K | -$150 | -$202 | -$5K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | 2011-01-31 | 2010-01-31 |
| Operating Activities | |||||||||||||||||
| Net Income | -$11.14M | -$3.11M | -$1.22M | -$642K | -$535K | $463K | -$719K | -$15.79M | -$1.42M | -$69K | -$140K | -$27K | $181K | -$24K | -$21K | $5K | -$22K |
| Depreciation & Amortization | $0 | $2.7M | $323K | $166 | $166 | $398 | $72K | $25K | $38K | $2K | $0 | $0 | $868 | $1K | $1K | $1K | $1K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $56K | $26K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $237K | $0 | $0 | $0 | $0 | $499 | $2.24M | $0 | $0 | $0 | $0 | -$209K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||
| Accounts Receivable | -$120K | -$11K | $513K | -$513K | $0 | -$29K | -$187K | $493K | $2K | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $513K | $0 | $0 | -$49K | $50K | -$12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | -$150K | -$121K | $124K | $23K | -$212K | $111K | $116 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $86K | -$900K | $170K | -$510K | -$3K | -$15K | -$33K | $286K | -$591K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$34K | -$911K | $683K | -$660K | -$124K | $81K | -$246K | $618K | -$478K | $69K | $56K | -$43K | -$493 | $3K | $11K | $11K | $203K |
| Other Non-Cash Items | $4.76M | -$2.79M | $538K | $429K | $144K | -$1.17M | -$1.6M | $11.43M | -$38K | -$2K | $41K | -$75K | -$254K | $0 | $0 | -$31K | -$17K |
| Net Cash from Operating | -$6.42M | -$3.87M | $321K | -$873K | -$515K | -$621K | -$1.94M | -$1.45M | -$1.89M | -$150 | -$42K | -$145K | -$73K | -$20K | -$9K | -$13K | $165K |
| Investing Activities | |||||||||||||||||
| Capital Expenditures | -$6.53M | -$801K | $0 | $681K | -$1.34M | $0 | -$476 | -$101K | $0 | $0 | $0 | $0 | $0 | -$4K | $0 | $0 | $0 |
| Acquisitions | -$1.32M | $391K | -$184K | -$681K | $1.34M | $0 | $0 | $4.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$690K | -$95K | -$1.17M | -$1.78M | -$394K | -$962K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $836K | $367K | $818K | $1.1M | $1.74M | $393K | $0 | $0 | $0 | $487 | $4K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$1.64M | -$581K | -$206K | -$67K | -$356K | -$71K | $0 | $4.09M | $0 | $0 | $0 | $113K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$9.35M | -$991K | -$391K | -$748K | $988K | -$641K | -$476 | $3.99M | $0 | $487 | $4K | $113K | $0 | -$4K | $0 | $0 | $0 |
| Financing Activities | |||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | $71K | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $15.82M | $3.1M | $0 | $1.18M | $0 | $0 | $0 | $903K | $10.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$178K | $9.96M | $0 | $1.18M | $0 | $0 | -$671K | $903K | -$443K | $2 | $0 | $71K | $59K | $38K | $9K | $9K | -$160K |
| Net Cash from Financing | $15.64M | $13.23M | $0 | $1.18M | $0 | $0 | -$671K | $903K | $9.64M | $2 | $0 | $71K | $59K | $38K | $9K | $9K | -$160K |
| Forex Effect | -$6.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$7.09M | $8.37M | -$70K | -$443K | $474K | -$1.26M | -$2.61M | $3.45M | $7.75M | $337 | -$39K | $39K | -$14K | $14K | -$51 | -$5K | $5K |
| Supplementary Data | |||||||||||||||||
| Operating Cash Flow | -$6.42M | -$3.87M | $321K | -$873K | -$515K | -$621K | -$1.94M | -$1.45M | -$1.89M | -$150 | -$42K | -$145K | -$73K | -$20K | -$9K | -$13K | $165K |
| Capital Expenditure | -$6.51M | -$801K | $0 | $681K | -$1.34M | $0 | -$476 | -$101K | $0 | $0 | $0 | $0 | $0 | -$4K | $0 | $0 | $0 |
| Free Cash Flow | -$12.93M | -$4.68M | $321K | -$192K | -$1.86M | -$621K | -$1.94M | -$1.55M | -$1.89M | -$150 | -$42K | -$145K | -$73K | -$23K | -$9K | -$13K | $165K |
| Cash at Beginning | $8.05M | $78K | $148K | $591K | $117K | $1.38M | $3.99M | $543K | $733 | $396 | $39K | $62 | $14K | $150 | $202 | $5K | $34 |
| Cash at End | $961K | $8.45M | $78K | $148K | $591K | $117K | $1.38M | $3.99M | $7.75M | $733 | $396 | $39K | $62 | $14K | $150 | $202 | $5K |