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Last C$0.09 CAD
Change Today +0.005 / 5.88%
Volume 22.0K
IDI On Other Exchanges
As of 11:12 AM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

indico resources ltd (IDI) Snapshot

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52 Week High
07/25/14 - C$0.12
52 Week Low
04/15/15 - C$0.02
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indico resources ltd (IDI) Details

Indico Resources Ltd., an exploration stage company, acquires, explores, and develops Porphyry copper gold deposits in Peru. It has interests in the Ocaña Porphyry Project that consists of 22 concessions covering 110.24 square kilometers and is located in the Arequipa Region. The company was founded in 2006 and is headquartered in Vancouver, Canada.

Founded in 1996

indico resources ltd (IDI) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$240.0K
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

indico resources ltd (IDI) Key Developments

Indico Resources Ltd. Enters into Interim Agreement with Aruntani S.A.C. to the Develop Ocaña Copper Project, Located in the Arequipa Region of Peru

Indico Resources Ltd. announce that it has entered into an interim agreement with Aruntani S.A.C. with respect to the development of the Ocaña Copper Project, located in the Arequipa region of Peru. Pursuant to the terms of the Agreement, Indico and Aruntani have agreed to jointly develop the Ocaña project. Under the terms of the Partnership, Aruntani will own 70% of the Ocaña Project after completion of expenditures totaling $18.6 Million, with Indico owning the remaining 30%. The Partnership will immediately work to develop the leachable copper resource at Ocaña with the aim of constructing a 25 Mtpa SX-EW plant. Immediate plans will include additional drilling to expand the leachable copper resources and conduct metallurgical testing to complete a PEA on the leachable copper project.

Indico Announces Resignation of Eric Wardle as Director

Indico Resources Ltd. announced the resignation of Eric Wardle as a director of the Company. The Company will therefore be nominating only seven directors for re-election at the Company's annual general meeting scheduled to be held on December 11, 2014, namely, Robert Baxter, Hendrik van Alphen, Tareq Damerji, Brian Kerzner, Robert Parsons, David Savage and Asgari Stephens.

Indico Resources Ltd., Annual General Meeting, Dec 11, 2014

Indico Resources Ltd., Annual General Meeting, Dec 11, 2014., at 10:00 Pacific Standard Time. Location: The Boardroom, Suite 402 1166 Alberni Street. Agenda: To receive the audited consolidated financial statements of the company for the fiscal year ended May 31, 2014 (with comparative statements relating to the preceding fiscal period) together with the report of the Auditors thereon; to elect Directors of the company for the ensuing year; to appoint Smythe Ratcliffe LLP, as Auditors of the company for the ensuing year and to authorize the Directors to fix the Auditors remuneration; to consider the annual approval of the company's stock option plan; and to transact such further or other business as may properly come before the meeting or any adjournment or adjournments thereof.


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