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Copper Lake Resources Ltd. (V:CPL)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1 King Street West, Suite 4800 - 233
TORONTO ON M5H 1A1
Tel: N/A
Website: copperlakeresources.com
IR: See website
Key People
Terrence Llewellyn Macdonald
Chief Executive Officer, Company Secretary, Director
Paul McGroary
Chief Financial Officer, Director
Donald Hoy
Vice President - Exploration
Business Overview
Copper Lake Resources Ltd. is a mineral exploration company focused on acquiring, exploring and developing exploration and evaluation assets in Canada. The Company's focus is on the exploration and development of its two properties in Ontario, the Marshall Lake property and the Norton Lake property. The Norton Lake Property is located approximately 450 kilometers north of Thunder Bay, Ontario on the south margin of the Ring of Fire exploration region and consists of over 30 claims covering approximately 8,800 hectares. The Norton Lake Project consists of two properties: the Norton West Property and the Norton East Property. The Marshall Lake Property is located over 250 kilometers north-northeast of Thunder Bay, Ontario. The Marshall Lake Property consists of over 40 mineral claims (approximately 540 claim units) with an area of over 8,860 hectares and approximately 90 mining leases with an area of over 1,566.17 hectares for a total land position of approximately 10,430.17 hectares.
Financial Overview
For the nine months ended 31 July 2021, Copper LakeResources Ltd revenues was not reported. Net loss increasedfrom C$208K to C$483K. Higher net loss reflects Explorationand evaluation expenditures increase from C$35K to C$347K(expense), Investor relations and advisory fees increasefrom C$27K to C$84K (expense), Gain on amendment of optionagreement decrease from C$25K (income) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $16.15M as of Jul 31, 2021
Annual revenue (TTM): $0.00M as of Jul 31, 2021
EBITDA (TTM): -$0.78M as of Jul 31, 2021
Net annual income (TTM): -$0.72M as of Jul 31, 2021
Free cash flow (TTM): -$0.96M as of Jul 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 178,269,096 as of Oct 4, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization