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Strategic Resources Inc. (V:SR)

Business Focus: Uranium Mining

Sector:  Energy Industry:  Uranium
 
Company Contact
Address: 410 - 625 Howe Street
VANCOUVER BC V6C 2T6
Tel: N/A
Website: https://strategic-res.com
IR: See website
Key People
Sean Cleary
Chairman of the Board, Chief Executive Officer
Dan Nir
Chief Financial Officer
Scott Hicks
Executive Vice President - Corporate Development, Director
Michael Lam
Vice President - Finance
Danie Dutton
Vice President - Technical Services and Metallurgical Products and Processes
Alexandre Meterissian
Vice President - ESG and Communications
Charles Spector
Legal and Corporate Secretary
   
Business Overview
Strategic Resources Inc. is a Canada-based critical mineral exploration and development company focused on iron and vanadium projects in Canada and Finland. The Company is developing its flagship BlackRock Project, which is a fully permitted and ready to construct mine, concentrator and metallurgical facility located at a seaport in Quebec with full access to the St. Lawrence Seaway. BlackRock project is a metals and materials manufacturing project from its wholly owned vanadium and titanium bearing magnetite (VTM) deposit. It also holds two vanadium projects, such as Mustavaara, and Silasselka. The Mustavaara Project is in north-central Finland, approximately 179 km northwest of Oulu and 650 km north of Helsinki. Mustavaara consists of three reservations totaling 2,650 ha. The Silasselka Project is located in northern Finland, approximately 190 km north of Rovaniemi and 850 km north of Helsinki. Silasselka consists of 14 existing and pending exploration licenses totaling 14,000 ha.
Financial Overview
For the six months ended 31 December 2023, Strategic Resources Inc revenues was not reported. Net loss totaled to C$3.4M.
Reporting Currency: Canadian Dollars
Enterprise value: $54.96M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$8.01M as of Dec 31, 2023
Net annual income (TTM): -$24.75M as of Dec 31, 2023
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: $13.95M as of Dec 31, 2023
Shares outstanding: 59,027,995 as of Jan 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization