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: 214-1118 Homer St
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 2017, Explorex Resources Inc revenues was not reported. Net loss increased 64% to C$107K. Higher net loss reflects Consulting increase from C$15K to C$52K (expense), Management fees increase of 25% to C$23K (expense), Transfer agent and filing fees increase of 82% to C$6K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $6.13M as of Sep 30, 2017
Annual revenue (TTM): $0.00M as of Sep 30, 2017
EBITDA (TTM): -$0.39M as of Sep 30, 2017
Net annual income (TTM): -$0.37M as of Sep 30, 2017
Free cash flow (TTM): -$0.51M as of Sep 30, 2017
Net Debt Last Fiscal Year: N/A
Shares outstanding: 15,767,197 as of Dec 7, 2017
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization