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Last €0.01 EUR
Change Today +0.001 / 9.09%
Volume 14.5K
OLM On Other Exchanges
Symbol
Exchange
Venture
OTC US
Frankfurt
As of 5:21 AM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

mindoro resources ltd (OLM) Snapshot

Open
€0.01
Previous Close
€0.01
Day High
€0.01
Day Low
€0.01
52 Week High
09/18/14 - €0.05
52 Week Low
06/2/14 - €0.01
Market Cap
3.6M
Average Volume 10 Days
28.3K
EPS TTM
--
Shares Outstanding
297.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MINDORO RESOURCES LTD (OLM)

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mindoro resources ltd (OLM) Details

Mindoro Resource Ltd. is engaged in the acquisition, exploration, and development of mineral properties in the Philippines. The company primarily explores for nickel, copper, and gold. It holds interests in the Agata nickel project located in the Surigao del Norte province of Northern Mindanao; and the Pan de Azucar sulphur-copper-gold project located near Panay Island. Mindoro Resource Ltd. is headquartered in Edmonton, Canada.

mindoro resources ltd (OLM) Top Compensated Officers

Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$141.7K
Compensation as of Fiscal Year 2014.

mindoro resources ltd (OLM) Key Developments

Mindoro Resources Ltd. Announces Management Changes

Mindoro Resources Ltd. announced that the Board of Directors has accepted the resignation of Penny Gould as Chief Executive Officer and appointed Luis Jovito A. Santos Jr. to the role of interim Chief Executive Officer, effective immediately. Mr. Santos currently serves as Vice President, Business Development for TVI Pacific Inc. and was previously the Chief Financial Officer for TVI Resource Development (Phils.) Inc. from 2004 to 2014. The company also announced appointment of Arturo P. de los Santos to the board of directors and the appointment of existing director Clifford M. James as the interim Chairman of the Board following the resignation of directors A. Robson Garden and Lawrence Nagy. Mr. de los Santos brings with him more than fifteen years of mining experience in the Philippine concrete aggregates industry as the President and General Manager of Angat Rockbase Concrete Aggregates Inc. from 1996 to 2011. Mr. James is currently the Chairman, President and CEO of TVI Pacific Inc. and Chairman of TVI Resource Development (Phils.) Inc.

Mindoro Resources Ltd. Auditor Raises 'Going Concern' Doubt

Mindoro Resources Ltd. filed its Annual on Apr 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Mindoro Resources Ltd. Announces Extension to Bridge Loan Maturity Date

Mindoro Resources Ltd. announced that it has arranged to extend the term of a previously announced bridge loan from January 31 to February 28, 2015. As announced on December 17, 2014, Mindoro acquired a CAD 500,000 bridge loan from TVI Resource Development (Phils.) Inc. (‘TVIRD’). Under the terms of the loan, the principal and accrued interest were due on the earlier of January 31, 2015, or upon receipt of the proceeds from a proposed $2 million convertible debenture issue to TVIRD. Mindoro and TVIRD agreed to the extension of the bridge loan due to delays in finalizing the convertible debenture. The proposed convertible debenture would be issued on similar financial terms as the bridge loan, except with a two year term and a conversion feature in accordance with the rules of the TSX Venture Exchange.

 

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