Athena Gold Corporation filed a Form 6-K with the SEC on November 12, 2026, reporting unaudited condensed interim consolidated financial statements for the nine months ended September 30, 2026, expressed in Canadian dollars.

Key Highlights

  • Net loss of C$5,959,914 for the nine months ended September 30, 2026, compared to net income of C$1,889,215 in the same period of 2025, according to the filing.
  • Total assets of C$10,593,117 as at September 30, 2026, down from C$12,501,389 at December 31, 2025, the filing disclosed.
  • Cash and cash equivalents fell to C$482,647 at September 30, 2026, from C$2,839,369 at December 31, 2025, as the filing reported.
  • Mineral properties increased to C$7,960,012 at September 30, 2026, from C$4,834,615 at December 31, 2025, with C$2,310,000 worth of shares issued for mineral property acquisitions during the period.
  • Basic and diluted loss per share of C$0.17 for the nine months ended September 30, 2026, versus earnings per share of C$0.08 in the prior-year period.
  • Total shareholders' equity of C$10,498,323 at September 30, 2026, with 35,866,732 shares outstanding, per the filing.
  • No auditor review was performed on these interim financial statements, as noted in the filing's Notice of No Auditor Review.

Athena Gold's Nine-Month 2026 Financials: Key Movements in Loss, Assets, and Equity

According to the Form 6-K filed November 12, 2026, Athena Gold Corporation (CSE:ATHA, OTCQB:AHNRF) recorded a comprehensive loss of C$5,959,914 for the nine months ended September 30, 2026. The filing attributes the loss primarily to exploration and evaluation costs of C$2,358,043, general and administrative expenses of C$1,585,123, and an unrealized loss on investments of C$2,173,929. This compares to comprehensive income of C$1,889,215 in the nine months ended September 30, 2025, which had benefited from C$3,100,285 in unrealized gains on investments.

The filing reports that cash used in operating activities totaled C$2,468,757 for the nine months ended September 30, 2026. Investment in securities declined to C$1,742,939 at September 30, 2026, from C$4,030,559 at December 31, 2025. During the period, the warrant liability of C$1,832,191 that existed at December 31, 2025 was transferred to share capital, and share capital rose to C$31,059,350 from C$25,172,222. Share-based payments of C$892,052 were also recorded during the period.

The filing notes that the Company is incorporated in British Columbia, Canada, following a re-domestication approved by shareholders on March 27, 2025, and an amalgamation completed on April 15, 2025. As a result, Athena became a foreign private issuer under the SEC and now files on Form 6-K. The financial statements were approved on behalf of the Board of Directors on November 12, 2026, by directors John Power and Koby Kushner. Kushner, who also serves as President and CEO, signed the filing. The statements are unaudited and prepared by management, with no independent auditor review performed.

What Was Disclosed

Athena Gold Corporation filed unaudited interim consolidated financial statements for the nine months ended September 30, 2026, reporting a net loss of C$5,959,914, total assets of C$10,593,117, cash of C$482,647, and 35,866,732 shares outstanding as at September 30, 2026.