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Last C$0.26 CAD
Change Today 0.00 / 0.00%
Volume 25.0K
ABM On Other Exchanges
As of 4:00 PM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

athabasca minerals inc (ABM) Snapshot

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10/6/14 - C$1.83
52 Week Low
09/29/15 - C$0.20
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athabasca minerals inc (ABM) Details

Athabasca Minerals Inc., a mineral exploration and management company, engages in the acquisition, exploration, and development of aggregates and industrial minerals in north-eastern Alberta, Canada. It primarily explores for various industrial minerals, such as sand, gravel, silica sand, salt, lithium, and limestone. The company has interests in sand and gravel pits, including the Susan Lake and Poplar Creek gravel pits, as well as Kearl, Logan, House River, and Pelican Hill pits located in northwestern Alberta. It also holds interest in the Alberta Metallic and Industrial Minerals permits, which cover an area of 194,348 hectares and is located in the Fort McMurray region, northeast Alberta; and Alberta Metallic and Industrial Minerals leases covering an area of 21,580 hectares of land that is located in the Fort McMurray region, Alberta. Athabasca Minerals Inc. is headquartered in Edmonton, Canada.

athabasca minerals inc (ABM) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: C$134.0K
Compensation as of Fiscal Year 2014.

athabasca minerals inc (ABM) Key Developments

Athabasca Minerals Inc. Announces Demise of Shaun O'Connor-Parsons

Athabasca Minerals Inc. announced the passing of Shaun O'Connor-Parsons on September 9th, 2015. Mr. Parsons was a founding director of Athabasca Minerals, and was an instrumental part in acquiring and developing the portfolio of assets operated by the Corporation. Shaun started his career in the gravel business in the 1960's, spending considerable time and efforts finding, developing and operating a number of aggregate operations in Alberta. Shaun was formerly a founding director of Aggregates Management Inc., an entity acquired by Athabasca Minerals in November 2008. Shaun was also a former president of General Gravel Sales Ltd., a major gravel company based in Edmonton for over 40 years.

Athabasca Minerals Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Athabasca Minerals Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $3.348 million. Net loss was $763,146 or $0.023 per share against $538,704 or $0.017 per share a year ago. For the six months, the company reported net loss was $2,166,164 or $0.065 per share against $2,449,097 or $0.078 per share a year ago. Capital Expenditures included equipment under lease obligation and resource properties for the six months ended June 30, 2015 have been reduced from a year to date budget of $5.0 million to $2.0 million.

Athabasca Minerals Inc. Announces Executive Changes Effective from August 7, 2015

Athabasca Minerals Inc. announced the appointment of Mr. Scott MacDougall, P. Eng to the permanent position of President and CEO. The corporation also appointed Mr. Don Paulencu, C.A., ICD.D to the Board of Directors. Mr. Paulencu was employed at Deloitte LLP for 39 years, and served as audit partner for the past 31 years. This appointment is subject to TSX Venture Exchange approval. The corporation also announced the appointment of Mr. Michael Peck to the position of Corporate Secretary. Mr. Peck has served on the board of directors of Athabasca since December 11, 2012 and was previously employed by Sheritt International Corporation as General Manager, Mining Operations in the Sheritt Coal Edmonton Division. Mr. Peck replaces Ms. Sabina Shah in her role as Corporate Secretary. The corporation also announced that Mr. Ed Bereznicki has resigned from the Board of Directors. The corporate developments effective from August 7, 2015.


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