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Adventus Mining Corporation (V:ADZN)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
See Regulatory Filings on SEDAR
Company Contact
Address: 220 Bay Street, Suite 550
Tel: N/A
IR: See website
Key People
Christian Peter Thomas Kargl-Simard
President, Chief Executive Officer, Director
Frances Kwong
Chief Financial Officer, Vice President - Finance, Corporate Secretary
Skott Mealer
Vice President, General Manager - Curimining
Jason K. Dunning
Vice President - Exploration
Olivia Gamache
Vice President - Environmental Management & Community Development
Sam Leung
Vice President - Corporate Development
Dustin Small
Vice President - Projects
Alvaro Duenas
Country Manager of Ecuador
Business Overview
Adventus Mining Corporation is a mineral exploration and development company that is based in Toronto, Ontario, Canada. The Company is focused on the identification and acquisition of mineral properties and the exploration and development of its mineral properties. Its Curipamba project is comprised of about seven concessions representing about 21,500 hectares (ha) and includes the El Domo deposit. Its Pijili project consists of three concessions totaling 3,246 ha. Pijili is located in the province of Azuay, approximately 150 kilometers (km) from the major port city of Guayaquil. Its Santiago project consists of a single concession that encompasses approximately 2,350 ha. Its Irish projects holds about 40 exploration prospecting licenses in the Republic of Ireland, comprising three separate blocks across the principal prospective areas of the North Midlands and Southwest Ireland. The Company's Irish projects include Rathkeale project, Kingscourt project and Fermoy project.
Financial Overview
For the nine months ended 30 September 2022, Adventus Mining Corp revenues was not reported. Net loss totaled $2.5M vs. income of $1.3M. Net loss reflects G/L on Invest HFS, Maturity & Trading decrease from $3M (income) to $0K, Reversal of impairment loss in investmen decrease from $1.3M (income) to $0K, Foreign exchange loss increase from $28K to $948K (expense).
Employees: 273 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $67.99M as of Sep 30, 2022
Annual revenue (TTM): $0.00M as of Sep 30, 2022
EBITDA (TTM): -$8.53M as of Sep 30, 2022
Net annual income (TTM): $21.01M as of Sep 30, 2022
Free cash flow (TTM): -$32.35M as of Sep 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 179,630,112 as of Feb 3, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization