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canasil resources (CLZ) Snapshot

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03/17/14 - C$0.14
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canasil resources (CLZ) Details

Canasil Resources Inc. engages in the exploration and development of mineral properties. The company primarily explores for gold, silver, copper, zinc, and lead. It has interests in various properties located in Durango, Zacatecas, and Sinaloa states in Mexico, as well as in British Columbia, Canada. The company is headquartered in Vancouver, Canada.

2 Employees
Last Reported Date: 11/27/14

canasil resources (CLZ) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$150.0K
Chief Financial Officer and Vice President of...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

canasil resources (CLZ) Key Developments

Canasil Resources, Inc. Completes Phase 2 Drill Program on Salamandra Silver-Copper-Zinc-Lead Project in Durango State, Mexico

Canasil Resources Inc. announced that MAG Silver Corp. has completed the Phase 2 diamond drill program of 6,501 metres in 12 drill holes on Canasil's Salamandra Silver-Copper-Zinc-Lead Project in Durango State, Mexico. Together with the Phase 1 drill program of 3,609 metres in 5 drill holes reported previously on March 17, 2014, a total of 10,110 metres of drilling have now been completed in 17 drill holes by MAG under the option agreement. Results for the Phase 2 drill program are pending. MAG has also made the required CAD 150,000 first anniversary option payment, which is due on May 27, 2014. As of March 31, 2014, MAG reported a total of CAD 2,677,519 in exploration expenditures on the Salamandra project under the option agreement.

Canasil Resources, Inc. Auditor Raises 'Going Concern' Doubt

Canasil Resources, Inc. filed its Annual on Apr 25, 2014 for the period ending Dec 31, 2013. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Canasil Resources, Inc., Annual General Meeting, May 28, 2014

Canasil Resources, Inc., Annual General Meeting, May 28, 2014., at 10:30 China Standard Time. Location: 915-700 West Pender Street. Agenda: To receive the report of the directors; to receive and consider the audited consolidated financial statements of the Company for the fiscal period ended December 31, 2013, including the accompanying notes and the auditor's report, and the annual Management Discussion and Analysis; to appoint an auditor for the company to hold office until the close of the next Annual General Meeting; to determine the number of directors at six; to elect directors to hold office until the close of the next Annual General Meeting; to approve, with or without amendment, an ordinary resolution approving the company's Stock Option Plan; to approve an ordinary resolution ratifying, confirming and approving the company's advance notice policy; and to transact such other business as may properly come before the meeting or any adjournment or adjournments thereof.


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