February 01, 2015 2:27 AM ET

Metals and Mining

Company Overview of Cancana Resources Corp

Company Overview

Cancana Resources Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Brazil and Canada. The company primarily explores for kimberlite and alluvial diamond, gold, and manganese deposits. Its principal project includes a series of manganese-bearing claims that consist of 45,000 contiguous hectares located in Rondonia, Brazil. The company was formerly known as Sola Resource Corp. and changed its name to Cancana Resources Corp. in January 2011. Cancana Resources Corp. was founded in 1980 and is headquartered in Calgary, Canada.

Sun Life Plaza West Tower

144-4th Avenue SW

Suite 1600

Calgary, AB T2P 3N4

Canada

Founded in 1980

Phone:

403-269-2065

Fax:

888-281-0548

Key Executives for Cancana Resources Corp

Cancana Resources Corp does not have any Key Executives recorded.

Cancana Resources Corp Key Developments

Cancana Resources Corp Announces Executive Appointments

Cancana Resources Corp. at its Annual and Special meeting of shareholders held on July 31, 2014, Anthony Julien, previously the interim President and Chief Executive Officer of the company, was formally appointed by the new board of directors as President and Chief Executive Officer of the company, and Senator J. Trevor Eyton was appointed Chairman of the board of directors. Mr. Julien, was the interim President and CEO of the company and has served on Cancana's Board of Directors since April 2014. Mr. Julien is also CEO of Rio Madeira, CEO of Oregon Resource Corporation and President of Ferrometals Holdings. Before joining Ferrometals, Mr. Julien has started and sold various companies over the past 20 years.

Cancana Resources Corp. Announces Management Changes

Cancana Resources Corp. announced a change in the leadership of the corporation. Mr. Andrew Male's appointment as President and Chief Executive Officer has come to an end effective July 21, 2014. The board is announced that Mr. Anthony Julien has agreed to take on the role of interim President and CEO. This appointment reflects the transition of the corporation from a mining exploration company into a producing mining company with assets and operations in Brazil. Mr. Julien, the interim President and CEO, has served on Cancana's Board of Directors since April 2014. Mr. Julien is President of Ferrometals BV, a wholly-owned subsidiary of funds managed by The Sentient Group Limited, which develops industrial minerals projects in Brazil and the United States to provide products to both the agricultural and steel industries.

Cancana Resources Corp Auditor Raises 'Going Concern' Doubt

Cancana Resources Corp filed its Annual on May 30, 2014 for the period ending Jan 31, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Similar Private Companies By Industry

Company Name Region
Borgia ltée Americas
Canadian Dehua International Mines Group Inc. Americas
Trimax Steel, Inc. Americas
Gerdau Steel North America Inc. Americas
Gold Giant Ventures Inc. Americas

Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 22, 2014
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Cancana Resources Corp, please visit www.cancanacorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.