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Cross River Ventures Corp. (C:CRVC)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 1430-800 West Pender St.
Vancouver BC V6C 2V6
Tel: N/A
Website: https://crossriverventures.com
IR: See website
Key People
John Fraser
President, Director
Alex Klenman
Chief Executive Officer, Director
Alex Tong
Chief Financial Officer
Perry Grunenberg
Vice President - Exploration
Rob Carpenter
Executive Officer - Technical Team
Daniel MacNeil
Executive Officer - Technical Team
Alan Wainwright
Executive Officer - Technical Team
Lori Paslawski
Exploration Manager
Dan Placzek
Director, Corporate Secretary
Business Overview
Cross River Ventures Corp. is a Canada-based gold exploration company focused on the development of exploration properties. The principal business of the Company is the identification, evaluation, exploration and acquisition of mineral properties. The Company's projects include McVicar Gold Project, Shabu Lake Property, Maskootch Property and Manitou Project. McVicar Gold Project is located approximately 150 kilometers (km) east of Red Lake and 80 km west of Pickle Lake, in Northwestern Ontario, Canada. The Shabu Lake Property is located approximately 75 km east-northeast of the giant Red Lake gold camp. The Maskootch gold property is located along the southeastern margin of the Archean Uchi Greenstone Belt, approximately 100 km east of the Red Lake gold camp. The Manitou gold property is located within the eastern margin of the Archean Eagle-Wabigoon-Manitou lakes Greenstone belt approximately 40 km south of the community of Dryden.
Financial Overview
For the nine months ended 31 October 2023, Cross River Ventures Corp revenues was not reported. Net loss decreased 86% to C$537K. Lower net loss reflects Exploration and evaluation costs decrease of 100% to C$14K (expense), Investor relations decrease of 74% to C$46K (expense), Marketing, conferences and shareholder c decrease of 37% to C$127K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $0.79M as of Oct 31, 2023
Annual revenue (TTM): $0.00M as of Oct 31, 2023
EBITDA (TTM): -$1.38M as of Oct 31, 2023
Net annual income (TTM): -$2.08M as of Oct 31, 2023
Free cash flow (TTM): -$1.78M as of Oct 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 144,020,201 as of Mar 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization