Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Alliance Mining Corp. (V:ALM)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 888 Dunsmuir Street, Suite 888
VANCOUVER BC V6C 3K4
Tel: N/A
Website: N/A
IR: N/A
Key People
Scott Kent
Chief Financial Officer, Director
Christopher Ross Anderson
President, Chief Executive Officer, Director
 
Business Overview
Alliance Mining Corp. is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties. The Company holds mineral claims located in Manitoba, Canada. The Company intends to acquire a 100% interest in the Red Rice Lake Property, located in the Bissett Gold Mine Camp in Manitoba. The Company intends to hold a 100% interest in the Moose claims, located in the Bissett-Rice Lake district of Southern Manitoba. The Moose claim lies eight kilometers (km) southeast of the San Antonio/True North mine-mill complex. The Company intends to hold a 50% interest in 27 contiguous mining claims totalling 410 hectares (Greenbelt Property), located south of Bissett, Manitoba.
Financial Overview
For the nine months ended 30 September 2023, Alliance Mining Corp revenues was not reported. Net loss increased 61% to C$537K. Higher net loss reflects General and Administration increase from C$34K to C$201K (expense), Accounting, Audit & Legal increase of 9% to C$40K (expense), Rent increase of 10% to C$35K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.05 to -C$0.06.
Reporting Currency: Canadian Dollars
Enterprise value: $1.32M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$0.55M as of Sep 30, 2023
Net annual income (TTM): -$0.65M as of Sep 30, 2023
Free cash flow (TTM): $0.05M as of Sep 30, 2023
Net Debt Last Fiscal Year: $0.09M as of Sep 30, 2023
Shares outstanding: 8,744,316 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization