Company: BRGC
Filing Date: 2025-03-10
Form Type: 10-Q
Source: 0001683168-25-001450
Chunk: 6

Company: North America Lithium & Gold Corp
Filing Date: 2025-03-10
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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30, 2001 and 2000, respectively.

General and administrative expenses

We had $0 of general and administrative expenses
(“ G& A”) for the three months ended June 30, 2001, compared to $499,972 for the three months June 30, 2000, a decrease
of 100%. The decrease is primarily due to the Company having no operations as of December 31, 2000.

Professional fees

We incurred $0 of professional fees for the three
months ended June 30, 2001, compared to $0 for the three months ended June 30, 2000, an increase/decrease of $0. Professional fees generally
consist of audit, legal, accounting and investor relation service fees. The Increase/decrease is primarily due to the Company having no
operations as of June 30, 2001.

Other income (expense)

For the three months ending June 30, 2001, we
had total other expense of $0, compared to total other expense of $5,417 for the three months ended June 30, 2000. In the current period
we incurred $5,417 of interest expense.

Net loss

We incurred a net loss of $0 for the three months
ended June 30, 2001, compared to $491,177 for the three months ended June 30, 2000. Our increase/decrease in net loss is primarily due
to the Company having no operations as of June 30, 2001.

  11  

The six months ended June 30, 2001 compared to the six months
ended June 30, 2000

Revenue

For the six months ended June 30, 2001 and 2000,
we had revenue of $0 and $95,812, respectively.

Cost of Revenue

For the six months ended June 30, 2001 and 2000,
cost of revenue was $0 and $41,833.

General and administrative expenses

We had $0 of G& A expenses for the six months
ended June 30, 2001, compared to $499,972 for the six months June 30, 2000, an increase/decrease of $0. The increase/decrease is primarily
due to the Company having no operations as of June 30, 2001.

Officer Compensation

We incurred $0 and $0 of officer compensation for the six months