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Last C$0.08 CAD
Change Today 0.00 / 0.00%
Volume 0.0
CEC On Other Exchanges
As of 3:07 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

compliance energy corp (CEC) Snapshot

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02/6/15 - C$0.40
52 Week Low
08/12/15 - C$0.04
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compliance energy corp (CEC) Details

Compliance Energy Corporation engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company primarily holds a 75% interest in the Raven Coal Deposit that covers approximately 3,100 hectares of coal rights; and a 100% interest in the Bear Coal Deposit, which consists of 8 coal licenses totaling 2,046 hectares in Vancouver Island. Compliance Energy Corporation was incorporated in 2000 and is headquartered in Vancouver, Canada.

Founded in 2000

compliance energy corp (CEC) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$24.0K
Total Annual Compensation: C$175.0K
Compensation as of Fiscal Year 2014.

compliance energy corp (CEC) Key Developments

Stephen Ellis Resigns as COO of Compliance Energy Corporation

Compliance Energy Corporation announced that Stephen Ellis has resigned as COO of the company to pursue another opportunity. Mr. Ellis will continue on as an advisor and aid in an orderly transition until his successor is appointed.

Compliance Energy Corporation Announces Itochu Corporation Completed Withdrawal from the Comox Joint Venture

Compliance Energy Corporation announced that Itochu Corporation of Japan has completed its withdrawal from the Comox Joint Venture as of June 12, 2015 and LG International Corporation of Korea have informed the company of their planned withdrawal from the project. The company purchased the Vancouver Islands coal rights in 2005 and established a joint venture with Itochu and LGi. The economic feasibility study was completed in 2009 for the development of a modest underground coal project projected to be in operation within three years. The Environmental Assessment process was entered into in 2009 and after six years and an excess of $20 million expenditures, the company's efforts have been thwarted. Compliance Energy Corporation is evaluating its' options of how to proceed with its' freehold coal rights.

Compliance Energy Corp. Auditor Raises 'Going Concern' Doubt

Compliance Energy Corp. filed its Annual on Apr 29, 2015 for the period ending Dec 31, 2014. In this report its auditor, Smythe Ratcliffe, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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