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malbex resources inc (MBG) Snapshot

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04/22/14 - C$0.06
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11/20/14 - C$0.0050
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malbex resources inc (MBG) Details

Malbex Resources Inc., a mining company, is engaged in the acquisition and exploration of mineral properties in Argentina and Peru. The company primarily explores for gold, silver, and copper deposits. Its flagship project includes the Del Carmen project that covers an area of approximately 15,129 hectares and is located near the southern end of the El Indio Gold Belt, Argentina. Malbex Resources Inc. is headquartered in Toronto, Canada.

malbex resources inc (MBG) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$62.8K
Compensation as of Fiscal Year 2013.

malbex resources inc (MBG) Key Developments

Malbex Resources Inc. Announces Change of CFO

Malbex Resources Inc. announced the appointment of Daniel Crandall as the Company’s Chief Financial Officer to replace Stephanie Malec. 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. Previously, he was a Manager at Collins Barrow Toronto LLP. Mr. Crandall holds a CPA, CA, as well as an Honours Bachelor of Accounting degree from Brock University.

Malbex Resources Inc. Announces Change of its Year End from September 30 to December 31

Malbex Resources Inc. also announced that the board of directors approved a change of year end from September 30 to December 31. The company plans to report a fifteen month period ending December 31, 2014 with a comparative twelve month period ending September 30, 2013.

Malbex Resources Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended September 30, 2014

Malbex Resources Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended September 30, 2014. For the quarter, Net income was CAD 149,318 against net loss of CAD 680,552 a year ago. Basic and diluted earnings per share were CAD 0.00 against basic and diluted loss per share of CAD 0.01 a year ago. For the nine months, Net loss was CAD 1,149,166 against CAD 3,276,234 a year ago. Basic and diluted loss per share was CAD 0.01 against CAD 0.02 a year ago. Net cash used in operating activities was CAD 316,129 against CAD 3,142,886 a year ago.


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