Explorex Resources Inc. (C:EX)

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Business Focus: Integrated Mining

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Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: 625 Howe St Suite 488
Tel: N/A
Website: explorex.ca
IR: See website
Key People
William E. A. Wishart
Chairman of the Board
Mike Sieb
President, Director
Gary D. A. Schellenberg
Chief Executive Officer, Independent Director
Elizabeth Richards
Chief Financial Officer
James W. Mustard
Vice President - Corporate Development, Director
Business Overview
Explorex Resources Inc. is a junior gold and base metals mining and exploration company. The Company is engaged in acquiring, exploring and developing mineral properties, principally located in Eastern Canada. It has mineral holdings in Ontario, Quebec, New Brunswick and Saskatchewan. The Company is focused on exploration in the Abitibi Greenstone Belt of Ontario and Quebec, and Base metal in New Brunswick. It has interest in the Arlington property, which is located in the Beaverder silver camp, over 40 kilometers southeast of Kelowna. The Arlington property covers approximately 586.46 hectares and is centered on Hall Creek at the south end of Arlington Lakes. The Company also holds interest in Silver Dollar Property, which is located, approximately 45 kilometers southeast of Revelstoke, B.C. The Silver Dollar property is over 3,160 hectares in area. The Company also owns over 1,991 hectares of mining claims in Saskatchewan and approximately 2,800 hectares in New Brunswick.
Financial Overview
For the three months ended 30 June 2018, Explorex Resources Inc revenues was not reported. Net loss increased from C$107K to C$349K. Higher net loss reflects Professional fees increase from C$7K to C$82K (expense), Consulting increase from C$52K to C$118K (expense), Management fees increase from C$23K to C$71K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.01 to -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $4.44M as of Jun 30, 2018
Annual revenue (TTM): $0.00M as of Jun 30, 2018
EBITDA (TTM): -$1.37M as of Jun 30, 2018
Net annual income (TTM): -$1.35M as of Jun 30, 2018
Free cash flow (TTM): -$1.23M as of Jun 30, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 17,196,197 as of Jun 30, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization