AIM Energy Inc (PK:AEXE)
Business Focus: Coke Coal Mining
| Sector: Basic Materials | Industry: Steel |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 170 S Green Valley Pkwy Ste 300 HENDERSON NV 89012-3145 |
| Tel: | N/A |
| Website: | aimexploration.com |
| IR: | See website |
| Key People | ||
| James Robert Todhunter President, Chief Executive Officer, Director | Gregorio Jordan Formoso Chief Financial Officer, Treasurer, Secretary, Director | |
| Business Overview |
| AIM Energy Inc., formerly AIM Exploration Inc., is an exploration-stage company. The Company is engaged in the acquisition and exploration of mineral properties with the intent to take properties into production. The Company operates as a mining company focusing towards Anthracite production in Peru and around the world marketing through a joint venture corporation with Prina Energy of India. The Anthracite Coal concessions are owned and/or controlled through its subsidiary, Aim Exploration SA. As of August 31, 2016, the Company's Peruvian Property consisted of three separate mining concessions. Its concessions include El Tunel Del Tiempo 1 code 11060780, El Tunel Del Tiempo 2 code 11060781 and Agujeros Negros MA-AG. These concessions are located in the Province of Otuzco, La Libertad region. As of August 31, 2016, the Company's property consisted of 1,000 hectares. |
| Financial Overview |
| For the nine months ended 31 May 2018, AIM Energy Inc revenues was not reported. Net loss decreased 52% to $733K. Lower net loss reflects Related party directors fees decrease from $389K (expense) to $0K, Public relations decrease from $67K (expense) to $0K, Unrealized foreign exchange loss decrease of 96% to $2K (expense). |
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