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Kesselrun Resources Ltd. (V:KES)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 278 Bay Street, Suite 102
Tel: N/A
IR: See website
Key People
Michael Thompson
President, Chief Executive Officer, Director
Joao da Costa
Chief Financial Officer, Corporate Secretary, Director
Business Overview
Kesselrun Resources Ltd. is an exploration-stage company. The Company is a mineral exploration company engaged in the acquisition, exploration and development of mineral properties. Its principal focus is its Bluffpoint property (Bluffpoint), covering 4,608 hectares located in Bluffpoint Lake Township, with portions extending into the townships of Lawrence Lake, Napanee Lake and Barker Bay in the Kenora Mining Division of Northwestern Ontario. It includes 56 mining claims covering 11,408 hectares located in Bluffpoint Lake Township. It also has interest in the Huronian Property, which is situated in the Shebandowan Greenstone Belt located in the AbitibiWawa Subprovince approximately 100 kilometers west of Thunder Bay, Ontario. The Huronian Project consists of 153 contiguous unpatented mining claims totaling 4,640 hectares, four patented mining claims totaling 404.3 hectares located in Moss Township, Thunder Bay Mining Division, Ontario. The Company has no revenues.
Financial Overview
For the nine months ended 30 April 2020, Kesselrun Resources Ltd revenues was not reported. Net loss decreased 55% to C$353K. Lower net loss reflects Unrealized loss on investment decrease of 78% to C$139K (expense), Consulting decrease of 4% to C$63K (expense), Office expenses decrease of 29% to C$3K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $16.49M as of Apr 30, 2020
Annual revenue (TTM): $0.00M as of Apr 30, 2020
EBITDA (TTM): -$0.26M as of Apr 30, 2020
Net annual income (TTM): -$0.40M as of Apr 30, 2020
Free cash flow (TTM): -$0.36M as of Apr 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 48,525,148 as of Jul 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization