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Last C$0.06 CAD
Change Today 0.00 / 0.00%
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FBX On Other Exchanges
As of 9:52 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

first bauxite corp (FBX) Snapshot

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10/9/14 - C$0.10
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first bauxite corp (FBX) Details

First Bauxite Corporation, a natural resources company, is engaged in the acquisition, exploration, and development of bauxite deposits in Guyana, South America. The company holds interests in the Bonasika project, which consists of Bonasika 1, Bonasika 2, and Bonasika 5 blocks covering a total area of 3.8 square kilometers; and Bonasika 6 and Bonasika 7 blocks covering a total area of 39.6 square kilometers located to the southwest of Georgetown, Guyana. It also has interests in the Tarakulli property that consists of 2 prospecting licenses covering an area of approximately 10,000 hectares located in north eastern Guyana; and the Essequibo-Demerara project located in the coastal bauxite belt of Guyana. The company was formerly known as Academy Ventures Inc. and changed its name to First Bauxite Corporation in December 2008. First Bauxite Corporation was incorporated in 2003 and is headquartered in Toronto, Canada.

Founded in 2003

first bauxite corp (FBX) Top Compensated Officers

Chief Executive Officer, President, Corporate...
Total Annual Compensation: C$27.1K
Compensation as of Fiscal Year 2014.

first bauxite corp (FBX) Key Developments

First Bauxite Corp. Plans to Invest $200 Million to Develop a Bauxite Processing Plant in Louisiana

First Bauxite Corp. announced that the company plans to invest $200 million to develop a bauxite processing plant on the Mississippi River in St. John the Baptist Parish. The project would create 100 new direct jobs ranging from entry level to skilled trade and professional management positions at an average annual salary of $70,000, plus benefits. At peak building activity, the company estimates the project would generate 150 construction jobs. The company plans to build the plant on a 30-acre tract at the Globalplex Intermodal Terminal, which is owned and operated by the Port of South Louisiana in Reserve.

First Bauxite Corporation Appoints Daniel Crandall as Chief Financial Officer to Replace Carlos Pinglo

First Bauxite Corporation announced the appointment of Daniel Crandall as the company's Chief Financial Officer to replace Carlos Pinglo, effective December 31, 2014. Mr. Crandall is a Manager at Marrelli Support Services Inc., providing CFO, accounting, regulatory compliance, and management advisory services to numerous issuers on the TSX, TSX-Venture and other Canadian and US exchanges.

First Bauxite Corporation Auditor Raises 'Going Concern' Doubt

First Bauxite Corporation filed its Annual on Dec 30, 2014 for the period ending Sep 30, 2014. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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