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Last C$0.14 CAD
Change Today -0.005 / -3.45%
Volume 22.9K
GLM On Other Exchanges
As of 3:09 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

glenmark capital corp (GLM) Snapshot

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11/17/14 - C$0.72
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glenmark capital corp (GLM) Details

Glenmark Capital Corp. focuses on the identification, acquisition, and exploration of mineral properties in Canada. The company focuses on gold and uranium deposits. It has an option agreement to earn 100% interests in the Ford Lake project that covers an area of approximately 6,350 hectares located in the Athabasca Basin, Saskatchewan. The company was formerly known as Abbastar Resources Corp. and changed its name to Glenmark Capital Corp. in July 2013. Glenmark Capital Corp. was incorporated in 1992 and is based in Vancouver, Canada.

Founded in 1992

glenmark capital corp (GLM) Top Compensated Officers

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glenmark capital corp (GLM) Key Developments

Glenmark Capital Corp. Adopts Amendments to its Articles

Glenmark Capital Corp. announced that the company has adopted amendments to its Articles to include the advance notice provisions which were approved by shareholders at Annual General and Special Meeting held on December 23, 2014.

Glenmark Capital Corp. Identifies Multiple Targets at Carter Lake Uranium Project

Glenmark Capital Corp. announced that it has completed a detailed geophysical interpretation of its Carter Lake Project, located on the western side of the Athabasca Basin in northern Saskatchewan. The purpose of the interpretation was to refine defined subsurface conductive targets for follow up with ground surveys and, if warranted, diamond drilling. The targets were first indentified through a VTEM airborne electromagnetic (EM) and magnetic survey completed by ESO Uranium Corp. (now Alpha Exploration) in 2006, as part of ESO's "Hook Project". Preliminary interpretation by Geotech in 2008 identified 4.7 km of subsurface conductive anomalies, interpreted as a conductive horizon, at or above the unconformity and which may be indicative of hydrothermal enrichment. The 2015 Condor re-interpretation study identified twelve (12) Target Zones on Glenmark's Carter Lake Project that are deemed worthy of follow-up exploration. These 12 Target Zones are interpreted to indicate conductive graphic zones close to the depth of unconformity (predicted to vary from 440m to 600m below ground level in this area) and are prioritized into three (3) distinct groups based on geophysical responses and together define three (3) discreet anomalous trends. Higher priority was assigned to these Target Zones based on overall response strength, consistency of strike angle and length, and proximity to magnetic lows. Each of these Target Zones have the potential to be caused by clay alteration, graphitic conductors or fault zones within the basinal sandstone units and/or underlying basement rocks; all of which offer compelling targets for potential uranium mineralization. The general northeast strike of these defined conductors, parallels the Paterson Lake Corridor and is interpreted as related to the mineralization structures currently being assessed on Fission's Patterson Lake South Deposit and NexGen's Arrow Prospect.

Glenmark Capital Corp. Announces Appointment of Allan Mcnutt to its Advisory Board

Glenmark Capital Corp. announced the appointment of Allan McNutt P.Geo. to its recently formed advisory board. Allan was VP Exploration and later VP Corporate Acquisitions for Titan Uranium (2007 - 2010).


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