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Last C$0.08 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 3:47 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

loncor resources inc (LN) Snapshot

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52 Week High
07/11/14 - C$0.18
52 Week Low
01/7/15 - C$0.03
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loncor resources inc (LN) Details

Loncor Resources Inc. engages in the acquisition, exploration, and development of precious metal projects in the Democratic Republic of the Congo and Canada. The company primarily explores for gold and platinum deposits. It holds interests in the Ngayu project comprising 13 exploration permits covering an area of approximately 2,077 square kilometers in the Orientale Province in the northeast of the Congo; and the North Kivu project, which consists of 49 exploration permits that cover an area of approximately 13,210 square kilometers located in the North Kivu Province in eastern Congo. The company was formerly known as Nevada Bob’s International Inc. and changed its name to Loncor Resources Inc. in November 2008. Loncor Resources Inc. is headquartered in Toronto, Canada.

loncor resources inc (LN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $108.6K
Chief Financial Officer
Total Annual Compensation: --
General Counsel and Corporate Secretary
Total Annual Compensation: $48.0K
General Manager of DRC
Total Annual Compensation: $117.6K
Exploration Manager
Total Annual Compensation: $176.4K
Compensation as of Fiscal Year 2014.

loncor resources inc (LN) Key Developments

Loncor Resources Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Loncor Resources Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported interest income of $36 against $218 a year ago. Loss before income tax was $64,850 against $238,767 a year ago. Net cash used in operating activities was $123,668 against $31,137 a year ago. Expenditures on exploration and evaluation assets was $323,501 against $355,614 a year ago.

Loncor Resources Inc., Annual General Meeting, Jun 25, 2015

Loncor Resources Inc., Annual General Meeting, Jun 25, 2015., at 15:00 US Eastern Standard Time. Location: Royal Bank Plaza, South Tower. Agenda: To receive and consider the audited consolidated financial statements of the Corporation as at and for the financial year ended December 31, 2014, together with the auditors' report thereon; to elect directors of the Corporation; to reappoint BDO Canada LLP, Chartered Professional Accountants and Licensed Public Accountants, as the auditors of the Corporation to hold office until the close of the next annual meeting of shareholders of the Corporation, and to authorize the directors of the Corporation to fix the auditors' remuneration; and to transact such other business as properly may be brought before the Meeting or any adjournment or adjournments thereof.

Loncor Resources Inc. Announces Management Changes

Loncor Resources Inc. announced that Peter Cowley has stepped down from his roles as President and Chief Executive Officer of the company for personal reasons. Mr. Cowley has agreed to provide advisory services to Loncor. Arnold Kondrat, currently Executive Vice President and a founding director of the company, has been appointed by the board as interim President and Chief Executive Officer of the company, and the company will conduct a search for a new President and CEO under the direction of the board.


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