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Last C$0.0050 CAD
Change Today -0.005 / -50.00%
Volume 1.0K
RI On Other Exchanges
As of 1:13 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

reliance resources ltd (RI) Snapshot

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52 Week High
08/6/14 - C$0.02
52 Week Low
08/6/14 - C$0.0050
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reliance resources ltd (RI) Details

Reliance Resources Limited, a junior mineral exploration company, acquires and explores precious metals. The company holds five gold exploration permits covering 68,000 acres on the islands of Sulawesi and Halmahera in eastern Indonesia. Reliance Resources Limited is headquartered in Vancouver, Canada.

reliance resources ltd (RI) Top Compensated Officers

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reliance resources ltd (RI) Key Developments

Reliance Resources Ltd. Auditor Raises 'Going Concern' Doubt

Reliance Resources Ltd. filed its Annual on Oct 28, 2014 for the period ending Jun 30, 2014. In this report its auditor, Manning Elliott, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Reliance Resources Ltd. Announces Executive Changes

Reliance Resources Ltd. announced that Mr. Nicholas Clark has resigned his position as Vice President, Commercial of the company and Mr. Kevin Kye has resigned his position as Chief Financial Officer of the company. The company will not replace Mr. Clark at this time. Mr. George S. Young will serve as interim CFO until a replacement is found. Ms. Sheryl Elsdon has been appointed the Corporate Secretary for Reliance, replacing Bernard G. Poznanski, who will continue as outside legal counsel for the company. Ms. Elsdon has worked in the public sector since 2005 and has extensive experience with both exploration companies and office management. She acts as both the office manager for McLeod Williams Capital Corp. and as the in-house Corporate Secretary for each of its public exploration mining companies.

Reliance Resources Ltd. to Expand Iron Exploration, Development Business Activities; Files for Conditional Approval of Interim Private Placement Financing of $200,000

Reliance Resources Ltd. announced an expansion to its iron exploration and development business activities and a related interim private placement. The company recently submitted to the Minnesota Department of Natural Resources or DNR applications to lease an additional 24 iron stockpile and tailings properties in the vicinity of Hibbing, Minnesota. Terms for leases on the properties have been negotiated between the company and the DNR, and execution of the leases is expected within one week. Further, the company has filed for conditional approval of an interim private placement financing of $200,000.


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