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Last C$0.02 CAD
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As of 2:34 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

nubian resources ltd (NBR) Snapshot

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07/3/14 - C$0.06
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nubian resources ltd (NBR) Details

Nubian Resources Ltd., a junior mineral resource exploration company, engages in the exploration of mineral properties primarily in the United States. It focuses on exploring gold, copper, lead, zinc, and silver ores. The company holds interests in the Excelsior Springs gold property with mining claims covering an area of 3.5 square kilometers (km2) located in Esmeralda county, Nevada; the Dunfee gold project with 22 unpatented claims located in Gold Point mining district, Esmeralda county, Nevada; and the Blair Junction gold project with 10 unpatented claims located in Mount Diablo Meridian, Esmeralda county, Nevada. It also holds interests in the Leach Hot Springs gold-silver project with 4 claims located in Pershing County, Nevada; Enright Hill gold-silver project with 4 claims located to the north of Elko city, Nevada; Copper Hills gold project with 10 unpatented claims located in Socorro county, New Mexico; Worthing Canyon lead-zinc-silver-gold property with 18 unpatented claims in Birch Creek mining district, Lemhi county, Idaho; and Pipestone gold-silver property wit 4 unpatented claims located in Jefferson county, Montana. The company was formerly known as ICS Copper Systems Ltd. and changed its name to Nubian Resources Ltd. in February 2011. Nubian Resources Ltd. was incorporated in 2004 and is headquartered in Abbotsford, Canada.

Founded in 2004

nubian resources ltd (NBR) Top Compensated Officers

Chief Executive Officer, Director, Chairman o...
Total Annual Compensation: --
Chief Financial Officer, Director, Chairman o...
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Compensation as of Fiscal Year 2014.

nubian resources ltd (NBR) Key Developments

Nubian Resources Ltd Auditor Raises 'Going Concern' Doubt

Nubian Resources Ltd filed its Annual on Nov 27, 2014 for the period ending Jul 31, 2014. In this report its auditor, Morgan & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Nubian Resources Ltd, Annual General Meeting, Jul 31, 2014

Nubian Resources Ltd, Annual General Meeting, Jul 31, 2014., at 14:00 Pacific Standard Time. Location: Suite 202, Yale Court Plaza. Agenda: To receive the audited financial statements of the company for its financial year ended July 31, 2013 and the report of the auditors thereon; to set the number of directors of the Company to be elected at four; to elect directors of the company for the ensuing year; to appoint auditors of the company for the ensuing year and to authorize the directors to fix their remuneration for the ensuing year; to approve the company's stock option plan as more particularly described in the accompanying information circular and to authorize the directors to make modifications thereto in accordance with the stock option plan and the policies of the TSX Venture Exchange; and to consider any permitted amendment to or variation of any matter identified in this notice and to transact such other business as may properly come before the meeting or any adjournment thereof.

Nubian Resources Ltd. Enters into Debt Restructuring Agreements

Nubian Resources Ltd. announced that it has entered into debt restructuring agreements with related parties to replace, effective November 15, 2013, an aggregate of $253,534.25 of currently due and payable liabilities with promissory notes in equivalent principal amounts. The notes will be unsecured, bear interest at the rate of 10% per annum compounded monthly and mature on November 15, 2015. The company will have the right to repay the notes at any time without notice or penalty. The company intends to close the transaction as soon as possible. The company considers any abridging of time requirements to be reasonable in the circumstances given that the liabilities are already due and payable and the reasonableness of the commercial terms of the transaction. The company is also pleased to announce that Timber Wolf Minerals Ltd. has agreed to a deferral of payments due under the asset purchase agreement dated October 31, 2011, for a period of six months.


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