North America Lithium & Gold Corp (NALG)
North America Lithium Corp. (NALG) is primarily involved in the exploration and discovery of lithium deposits. Its most significant venture entails the revitalization of the Midnight Owl Mine, situated approximately 13 miles east of Wickenburg, Arizona. The company, formerly identified as BrightRock Gold Corp., officially changed its name to North America Lithium Corp. in August 2025. The corporate headquarters are established in Gurnee, Illinois.
Sector: Non-Operating Establishments
Industry: Industrial Materials
North America Lithium Corp.
OTC:NALGBasic Materials · Industrial Materials
+23.49%$0.0531
Mkt Cap$18.37M
Float333.32M
O/S345.98M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$533K
Total Assets$1.66M
Free Cash Flow-$95K
Debt & Equity
Debt 51%
Equity 49%
Preferred 0%
Total Debt$724K
Total Equity$702K
Preferred Stock$117
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:30Reverse splitJul 14, 200430 shares → 1
Balance Sheet Details
Assets$1.66M
Liabilities$962K
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$349K
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 2012 | FY 2011 | FY 2010 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | 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 | 2017-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $950K | $814K | $814K | $0 | $0 | $0 | $0 | $0 | -$15K |
| YoY Growth | - | - | - | - | - | - | - | - | - | 16.7% | 0.0% | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | -$479K | $56K | $56K | $56K | $56K | $56K | $912K | $339K | $389K | $0 | $0 | $0 | $0 | $0 | $117K |
| Gross Profit | $0 | $0 | $0 | $479K | -$56K | -$56K | -$56K | -$56K | -$56K | $37K | $474K | $425K | $0 | $0 | $0 | $0 | $0 | -$132K |
| Gross Margin | - | - | - | - | - | - | - | - | - | 3.9% | 58.3% | 52.2% | - | - | - | - | - | 893.4% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $489K | $68K | $2K | $110K | $7K | $0 | $0 | $0 | $0 | $116K | $217K | $167K | $0 | $0 | $0 | $0 | $0 | $1.39M |
| Other | $0 | $0 | $1.77M | $0 | $0 | $0 | -$4 | -$4 | -$4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $489K | $68K | $1.77M | $110K | $7K | $0 | -$4 | -$4 | -$4 | $116K | $217K | $167K | $0 | $0 | $0 | $0 | $0 | $1.39M |
| Operating Income (EBIT) | -$489K | -$68K | -$1.77M | -$110K | -$63K | -$56K | -$56K | -$56K | -$56K | -$79K | $258K | $258K | $0 | $0 | $0 | $0 | $0 | -$1.52M |
| Operating Margin | - | - | - | - | - | - | - | - | - | -8.3% | 31.7% | 31.7% | - | - | - | - | - | 10301.1% |
| Interest Expense | $44K | $45K | $26K | $12K | $10K | $10K | $10K | $10K | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8K |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$44K | -$45K | -$22K | -$12K | -$10K | -$10K | -$10K | -$10K | -$10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.42M |
| Income Before Tax (EBT) | -$533K | -$113K | -$1.79M | -$122K | -$74K | -$67K | -$67K | -$67K | -$67K | -$79K | $258K | $258K | $0 | $0 | $0 | $0 | $0 | -$3.94M |
| Income Tax Expense | $0 | $0 | $8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $88K | $88K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$533K | -$113K | -$1.8M | -$122K | -$74K | -$67K | -$67K | -$67K | -$67K | -$79K | $170K | $170K | $0 | $0 | $0 | $0 | $0 | -$3.94M |
| Net Income Margin | - | - | - | - | - | - | - | - | - | -8.3% | 20.9% | 20.9% | - | - | - | - | - | 26653.9% |
| Supplementary Data | ||||||||||||||||||
| EPS | -0.00 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 1.79 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -76135000.00 |
| Diluted EPS | -0.00 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 1.79 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -76135000.00 |
| Weighted Average OS | 340.82M | 333.70M | 322.76M | 311.83M | 800.10M | 800.10M | 800.10M | 800.10M | 800.10M | 200.10M | 95,093 | 114.39M | 28.68M | 28.68M | 28.68M | 28.68M | 28.68M | 25.86M |
| EBITDA | -$489K | -$68K | $0 | -$54K | -$7K | $0 | $0 | $0 | $0 | -$79K | $308K | $308K | $0 | $0 | $0 | $0 | $0 | -$3.87M |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | -8.3% | 37.8% | 37.8% | - | - | - | - | - | 26209.1% |
Balance Sheet
| Period | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $1.27M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12K | $12K | $12K |
| Short-Term Investments | $40K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12K | $12K | $12K |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $84K | $34K | $130K | $130K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $535K | $535K |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.31M | $0 | $0 | $0 | $0 | $0 | $0 | $84K | $47K | $717K | $717K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $349K | $449K | $337K | $297K | $353K | $410K | $466K | $522K | $821K | $783K | $783K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.42M | $15K | $15K |
| Long-Term Investments | $0 | $449K | $337K | $21K | $21K | $21K | $21K | $21K | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | -$449K | -$337K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $349K | $449K | $337K | $318K | $374K | $431K | $487K | $543K | $2.24M | $799K | $799K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.66M | $449K | $337K | $318K | $374K | $431K | $487K | $627K | $2.29M | $1.52M | $1.52M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $0 | $0 | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $328K | $328K |
| Short-Term Debt | $724K | $533K | $203K | $138K | $131K | $0 | $0 | $0 | $31K | $61K | $61K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $238K | $127K | $101K | $101K | $91K | $81K | $70K | $60K | $0 | $0 | $0 |
| Total Current Liabilities | $962K | $661K | $307K | $239K | $222K | $81K | $70K | $60K | $31K | $389K | $389K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $131K | $131K | $131K | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $131K | $131K | $131K | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $962K | $661K | $307K | $239K | $222K | $211K | $201K | $190K | $31K | $389K | $389K |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $117 | $116 | $100 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $34K | $33K | $33K | $80K | $80K | $80K | $80K | $80K | $20K | $10K | $10K |
| Retained Earnings | -$4.64M | -$4M | -$2.2M | -$1.76M | -$1.69M | -$1.62M | -$1.55M | -$1.4M | $480K | $559K | $559K |
| Comprehensive Income & Other | $0 | $0 | $0 | $1.84M | $1.84M | $1.84M | $1.84M | $1.84M | $1.78M | $0 | $567K |
| Other Stockholders' Equity | $5.31M | $3.76M | $2.2M | $1.76M | $1.76M | $1.76M | $1.76M | $1.76M | $1.76M | $558K | $558K |
| Total Equity | $702K | -$212K | $30K | $79K | $153K | $219K | $286K | $437K | $2.26M | $1.13M | $1.13M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.66M | $449K | $337K | $318K | $374K | $431K | $487K | $627K | $2.29M | $1.52M | $1.52M |
| Supplementary Data | |||||||||||
| Total Debt | $724K | $533K | $203K | $138K | $131K | $131K | $131K | $131K | $31K | $61K | $61K |
| Net Debt | -$551K | $533K | $203K | $138K | $131K | $131K | $131K | $131K | $18K | $49K | $49K |
Cash Flow Statement
| Period | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2012 | FY 2011 | FY 2010 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2000-12-31 |
| Operating Activities | ||||||||||||
| Net Income | -$533K | -$2K | -$122K | -$74K | -$67K | -$67K | -$67K | -$67K | -$79K | $170K | $170K | -$3.94M |
| Depreciation & Amortization | $0 | $1.77M | $56K | $56K | $56K | $56K | $56K | $56K | $0 | $50K | $50K | $58K |
| Deferred Income Tax | $0 | $0 | $478K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $2K | $92 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $96K | -$55K | -$55K | $403K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $535K | -$326K | -$326K | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$328K | $82K | $82K | $354K |
| Other Working Capital | $41K | $26 | $600 | $11 | $0 | $0 | $0 | $0 | $40K | $759 | $759 | -$41K |
| Total Working Capital Change | $41K | $26 | $600 | $11 | $0 | $0 | $0 | $0 | $342K | -$299K | -$299K | $717K |
| Other Non-Cash Items | $446K | -$1.77M | -$431K | $17K | -$113K | -$113K | -$113K | -$113K | $0 | $102K | $102K | $2.61M |
| Net Cash from Operating | -$46K | -$219 | -$18K | -$10 | -$123K | -$123K | -$123K | -$123K | $263K | $23K | $23K | -$557K |
| Investing Activities | ||||||||||||
| Capital Expenditures | -$49K | -$111 | -$37K | $0 | $0 | $0 | $0 | $0 | -$1.44M | -$434K | -$435K | -$105K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $218K | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $218K | $0 | -$96K |
| Net Cash from Investing | -$49K | -$111 | -$37K | $0 | $0 | $0 | $0 | $0 | -$1.44M | -$216K | -$217K | -$201K |
| Financing Activities | ||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | -$3K |
| Common Stock Issuance | $1.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11K | $279K | -$84K | $723K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$84K | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $331 | $55K | $10 | $0 | $0 | $0 | $0 | $1.17M | $0 | $280K | $0 |
| Net Cash from Financing | $1.41M | $331 | $55K | $10 | $0 | $0 | $0 | $0 | $1.18M | $195K | $196K | $726K |
| Forex Effect | -$40K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2K | $0 | $32K |
| Net Change in Cash | $1.27M | $0 | $0 | $0 | -$123K | -$123K | -$123K | -$123K | $245 | $0 | $2K | $0 |
| Supplementary Data | ||||||||||||
| Operating Cash Flow | -$46K | -$219 | -$18K | -$10 | -$123K | -$123K | -$123K | -$123K | $263K | $23K | $23K | -$557K |
| Capital Expenditure | -$49K | -$111 | -$37K | $0 | $0 | $0 | $0 | $0 | -$1.44M | -$434K | -$435K | -$105K |
| Free Cash Flow | -$95K | -$330 | -$55K | -$10 | -$123K | -$123K | -$123K | -$123K | -$1.18M | -$411K | -$411K | -$661K |
| Cash at Beginning | $0 | $0 | $0 | -$123K | -$123K | -$123K | $0 | $0 | $12K | $12K | $10K | $0 |
| Cash at End | $1.27M | $0 | $0 | -$28K | -$123K | -$123K | -$123K | -$123K | $12K | $12K | $12K | $0 |