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delrand resources ltd (DRN) Snapshot

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delrand resources ltd (DRN) Details

Delrand Resources Limited engages in the acquisition and exploration of diamond properties in the Democratic Republic of the Congo. It also holds rights to iron ore exploration properties in the Democratic Republic of the Congo. The company was formerly known as BRC DiamondCore Ltd. and changed its name to Delrand Resources Limited in June 2011. Delrand Resources Limited was incorporated in 1990 and is headquartered in Toronto, Canada.

6 Employees
Last Reported Date: 09/28/15
Founded in 1990

delrand resources ltd (DRN) Top Compensated Officers

Chief Executive Officer, Director and Chairma...
Total Annual Compensation: --
President and Director
Total Annual Compensation: C$96.3K
Vice President of Finance and Director
Total Annual Compensation: C$16.1K
Compensation as of Fiscal Year 2014.

delrand resources ltd (DRN) Key Developments

Delrand Resources Limited Reports Audited Consolidated Earnings Results for the Year Ended June 30, 2015

Delrand Resources Limited reported audited consolidated earnings results for the year ended June 30, 2015. For the year, the company reported net loss and comprehensive loss of CAD 4,375,171 or CAD 0.20 per basic and diluted share compared to CAD 3,487,552 or CAD 0.16 per basic and diluted share a year ago. Headline loss per share was CAD 0.09 compared to CAD 0.01 a year ago. Adjustments for headline loss per share was CAD 0.11 against CAD 0.15 a year ago. Net cash flows used in operating activities was CAD 851,067 against CAD 308,741 a year ago. Expenditures on exploration and evaluation were CAD 19,858 against CAD 278,903 a year ago.

Delrand Resources Limited Auditor Raises 'Going Concern' Doubt

Delrand Resources Limited filed its Annual on Sep 28, 2015 for the period ending Jun 30, 2015. In this report its auditor, McGovern, Hurley, Cunningham, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Delrand Resources Limited Primary Exchange Listing has Changed to TSX Venture Exchange - Nex from The Toronto Stock Exchange

Delrand Resources Limited primary exchange listing has changed to TSX Venture Exchange - Nex from The Toronto Stock Exchange.


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