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sacre-coeur minerals ltd (SCM) Snapshot

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sacre-coeur minerals ltd (SCM) Details

Sacre-Coeur Minerals, Ltd. acquires, explores for, and develops gold properties. It holds interest in a portfolio of exploration and evaluation assets, including the Million Mountain project located in Guyana, South America. The company also holds interest in two prospecting licenses covering an area of 75.6 square kilometers. Sacre-Coeur Minerals, Ltd. was founded in 2004 and is headquartered in Vancouver, Canada.

Founded in 2004

sacre-coeur minerals ltd (SCM) Top Compensated Officers

Chief Geologist of Puruni Region
Total Annual Compensation: --
Chief Geologist of Northwest
Total Annual Compensation: --
Managing Director of Rayleigh Capital IR
Total Annual Compensation: --
Manager Logistics of Sacre - Coeur Guyana Inc
Total Annual Compensation: --
Manager Administration of Sacre - Coeur Guyan...
Total Annual Compensation: --
Compensation as of Fiscal Year 2015.

sacre-coeur minerals ltd (SCM) Key Developments

Sacre-Coeur Minerals To Transfer Its Listing To NEX From TSX-V

Sacre-Coeur Minerals Ltd. announced that in accordance with TSX Venture (TSX-V) Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on January 13, 2015, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX. As of January 13, 2015, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies. The trading symbol for the Company will change from SCM to SCM.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market. Further to the Exchange Bulletin dated September 23, 2014, trading in the shares of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

Sacre-Coeur Minerals Ltd. Announces Executive and Board Resignations

Sacre-Coeur Minerals Ltd. announced it has received notices of resignation from its directors and officers. On August 27, 2014, Gregory B. Sparks, President, Chief Executive Officer and a Director, John G. Booth, Chairman and a Director, Ardito Martohardjono, a Director, William B. Harris, a Director and Jennifer Todhunter, Chief Financial Officer and Corporate Secretary resigned from the company, effective immediately. Bipin Ghelani previously submitted his resignation as a Director on July 26, 2014.

Sacre-Coeur Minerals Ltd. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended January 31, 2014

Sacre-Coeur Minerals Ltd. announced unaudited consolidated earnings results for the third quarter and nine months ended January 31, 2014. For the quarter, the company reported loss before other income of CAD 374,807 against CAD 301,244 a year ago. Net loss and comprehensive loss for the period was CAD 828,800 against CAD 315,356 a year ago. Basic and diluted loss per common share was CAD 0.01 against CAD 0.01 a year ago. Cash flow used in operating activities was CAD 488,229 against CAD 348,095 a year ago. For the nine months, the company reported loss before other income of CAD 1,026,517 against CAD 939,543 a year ago. Net loss and comprehensive loss for the period was CAD 2,339,821 against CAD 1,067,633 a year ago. Basic and diluted loss per common share was CAD 0.04 against CAD 0.02 a year ago. Cash flow from operating activities was CAD 1,239,585 against cash flow used in operating activities of CAD 1,138,270 a year ago. Acquisition of equipment was CAD 150,651 against CAD 47,504 a year ago.


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