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ArcPacific Resources Corp. (V:ACP)

Business Focus: Specialty Mining & Metals

Sector:  Basic Materials Industry:  Specialty Mining & Metals
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 1001 - 1166 Alberni St.
Tel: N/A
IR: See website
Key People
Ruben S. Verzosa
Chief Executive Officer, Director
Nizar Bharmal
Chief Financial Officer, Director
Business Overview
ArcPacific Resources Corp, formerly Plate Resources Inc., is a Canada-based junior exploration company. The Company is engaged in the business of identification, evaluation and acquisition of mineral properties, and petroleum and natural gas properties, as well as exploration of properties in Canada. The Company is involved in the process of earning its interest in the Lucky Mike Project, a mineral property located in south-central British Columbia, near Merritt. The Company has over 20 contiguous mineral claims in the Lucky Mike Project. These claims occupy an area of approximately 4,000 hectares. In addition, the Company is focused on other business opportunities. The Company has not generated any revenues.
Financial Overview
For the six months ended 31 July 2020, ArcPacific Resources Corp revenues was not reported. Net loss increased 81% to C$151K. Higher net loss reflects Consulting fees increase from C$44K to C$129K (expense), Professional fees increase of 51% to C$18K (expense), Transfer agent and filing fees increase of 9% to C$11K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $1.49M as of Jul 31, 2020
Annual revenue (TTM): $0.00M as of Jul 31, 2020
EBITDA (TTM): -$0.34M as of Jul 31, 2020
Net annual income (TTM): -$0.34M as of Jul 31, 2020
Free cash flow (TTM): -$0.20M as of Jul 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 20,466,157 as of Sep 25, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization