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Cross River Ventures Corp. (C:CRVC)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
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 exploration company. The Company is engaged in the acquisition and development of mineral resource properties. Its mineral resource properties include Tahsis Property and Fuchsite Lake project. Tahsis Property consists of five mineral tenures totaling approximately 4,866 hectares, located on Northern Vancouver Island, British Columbia, in the Nanaimo Mining Division. The Tahsis Property's deposit types include auriferous quartz vein and gold skarn mineralization. Its property is also potential for disseminated gold in limey clastic sediments. The Fuchsite Lake project comprises approximately 3,750 hectares, located in Armstrong, Ontario.
Financial Overview
For the six months ended 31 July 2021, Cross RiverVentures Corp revenues was not reported. Net loss increasedfrom C$40K to C$1.2M. Higher net loss reflects Investorrelations increase from C$0K to C$162K (expense),Consulting increase from C$5K to C$140K (expense),Share-based compensation increase from C$3K to C$80K(expense). Basic Earnings per Share excluding ExtraordinaryItems decreased from -C$0.01 to -C$0.04.
Reporting Currency: Canadian Dollars
Enterprise value: $2.91M as of Jul 31, 2021
Annual revenue (TTM): $0.00M as of Jul 31, 2021
EBITDA (TTM): -$2.72M as of Jul 31, 2021
Net annual income (TTM): -$2.74M as of Jul 31, 2021
Free cash flow (TTM): -$2.67M as of Jul 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 34,291,957 as of Jul 31, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization