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Last C$0.03 CAD
Change Today 0.00 / 0.00%
Volume 200.0K
MWE On Other Exchanges
As of 1:45 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

mawson west ltd (MWE) Snapshot

Previous Close
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52 Week High
08/6/14 - C$0.40
52 Week Low
12/9/14 - C$0.02
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Current Stock Chart for MAWSON WEST LTD (MWE)

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mawson west ltd (MWE) Details

Mawson West Limited engages in the exploration, development, and production of copper and silver in the Democratic Republic of Congo. It primarily holds interests in the Dikulushi copper-silver mine; and the Kapulo copper exploration and development project, as well as multiple exploration targets covering a land package of approximately 7,300 square kilometers located in the Katanga province of the Democratic Republic of Congo. The company was incorporated in 1996 and is headquartered in West Perth, Australia.

Founded in 1996

mawson west ltd (MWE) Top Compensated Officers

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Executives, Board Directors

mawson west ltd (MWE) Key Developments

Mawson West Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Mawson West Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company announced revenue of USD 2,055,000 compared to USD 6,810,000 for the same period a year ago. Operating loss was USD 9,916,000 compared to USD 5,136,000 for the same period a year ago. Loss from operations was USD 9,914,000 compared to USD 5,655,000 for the same period a year ago. Net loss attributable to owners of the parent company was USD 9,020,000 or 3.2 cents per basic and diluted share compared to USD 4,620,000 or 2.9 cents per basic and diluted share for the same period a year ago. Net cash used in operating activities was USD 19,411,000 compared to USD 6,592,000 for the same period a year ago. Payments for mining development assets were USD 12,531,000 compared to USD 4,063,000 for the same period a year ago.

Mawson West Completes $15 Million Loan with Galena Private Equity Resources Fund

Mawson West Limited has completed and obtained a $15,000,000 unsecured loan from Galena Private Equity Resources Fund LP. The Loan will bear an interest rate of 12.0% per annum, payable in arrears on a quarterly basis, commencing on April 30, 2015, and maturing on May 1, 2016. In the event that shareholder approval is not obtained, the Lender may declare the loan due and payable. In this event the interest rate payable by Mawson West on the Loan will increase by a further 3.0% per annum from the date shareholder approval is not obtained.

Mawson West Meets TSX's Continued Listing Requirements

Further to TSX Bulletin 2014-1332 dated December 12, 2014, TSX has completed its review of the ordinary shares of Mawson West Limited and has determined that it meets TSX's continued listing requirements.


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