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Critical Elements Lithium Corporation (V:CRE)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 80
de la Seigneurie West Blvd, Suite 201
BLAINVILLE QC J7C 5M3
Tel: 1-514-8171119
Website: https://www.cecorp.ca/en
IR: See website
Key People
Steffen Haber
President, Director
Jean-Sebastien Lavallee
Chief Executive Officer
Nathalie Laurin
Chief Financial Officer, Secretary
Marcus Brune
Vice President - Finance, Director
Yves Perron
Vice President - Engineering, Construction and Reliability
 
Business Overview
Critical Elements Lithium Corp is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 246.55 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. The Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. The Rose South property consists of over 280 claims.
Financial Overview
For the six months ended 29 February 2024, Critical Elements Lithium Corp revenues was not reported. Net loss increased from C$54K to C$1.6M. Higher net loss reflects Other Non Operating I/E decrease from C$125K (income) to C$0K, Depreciation of right-of-use assets increase from C$12K to C$36K (expense), Depreciation of fixed assets increase from C$2K to C$22K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01.
Employees: 5 as of Aug 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $174.11M as of Feb 29, 2024
Annual revenue (TTM): $0.00M as of Feb 29, 2024
EBITDA (TTM): -$5.06M as of Feb 29, 2024
Net annual income (TTM): -$4.79M as of Feb 29, 2024
Free cash flow (TTM): -$15.98M as of Feb 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 217,785,300 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization