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Last $0.45 USD
Change Today 0.00 / 0.00%
Volume 578.0
XBOR On Other Exchanges
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

cross border resources inc (XBOR) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/3/14 - $1.50
52 Week Low
03/24/15 - $0.29
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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cross border resources inc (XBOR) Details

Cross Border Resources, Inc., an independent natural gas and oil company, engages in the acquisition, exploration, development, and exploitation of natural gas and oil reserves in North America. The company focuses on the southeastern New Mexico. It owns approximately 865,893 gross mineral and lease acres in New Mexico. The company is headquartered in Dallas, Texas. Cross Border Resources, Inc. is a subsidiary of Red Mountain Resources, Inc.

cross border resources inc (XBOR) Top Compensated Officers

Principal Executive Officer and Interim Presi...
Total Annual Compensation: $200.0K
Principal Financial Officer, Chief Accounting...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

cross border resources inc (XBOR) Key Developments

Cross Border Resources, Inc. Files Form 15

Cross Border Resources, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.001 per share.

Cross Border Resources, Inc. announced delayed 10-Q filing

On 11/17/2014, Cross Border Resources, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Cross Border Resources, Inc. Enters into Settlement Agreement with KeyBanc Capital Markets, Inc

On August 26, 2014, Cross Border Resources, Inc. entered into a settlement agreement with KeyBanc Capital Markets, Inc. settling a lawsuit between the parties. The lawsuit related to an engagement letter pursuant to which KeyBanc was to act as the exclusive financial advisor to Cross Border's board of directors in connection with a possible transaction as defined in the engagement letter. In connection with the settlement, Cross Border agreed to pay KeyBanc $900,000 in three equal installments on or before August 28, 2014, October 31, 2014 and December 31, 2014, and the parties agreed to mutual releases of liability related to the engagement letter.


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