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Wescan Goldfields Inc. (V:WGF)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 224 4th Ave S Suite 600
Tel: N/A
IR: See website
Key People
Kenneth E. MacNeill
Chairman of the Board, Chief Executive Officer
Greg Shyluk
Chief Financial Officer
Business Overview
Wescan Goldfields Inc. is engaged in the acquisition, exploration and development of mineral properties. The Company's properties include Jojay gold property, Munro Lake gold property and Jasper Gold Project. The Company holds interest in the Jojay gold property, consisting of over five claim blocks covering approximately 1,500 hectares located over 150 kilometers northeast of La Ronge, Saskatchewan. The Company holds interest in the Munro Lake gold property, which consists of mineral dispositions covering approximately 2,490 hectares located over 130 kilometers northeast of La Ronge, Saskatchewan. The Company holds interest in the Fork Lake/Jasper/Tamar (Jasper) gold property, consisting of certain mineral dispositions covering approximately 6,510 hectares located over 150 kilometers northeast of La Ronge, Saskatchewan. The property contains the high grade Jasper Gold Mine, which mines and mills approximately 140,130 tons at an average grade of over18.9 grams per ton gold.
Financial Overview
For the three months ended 31 March 2020, Wescan Goldfields Inc. revenues was not reported. Net loss decreased 1% to C$17K. Lower net loss reflects Administration decrease of 1% to C$17K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $3.04M as of Mar 31, 2020
Annual revenue (TTM): $0.00M as of Mar 31, 2020
EBITDA (TTM): -$0.10M as of Mar 31, 2020
Net annual income (TTM): -$0.10M as of Mar 31, 2020
Free cash flow (TTM): -$0.11M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 45,084,320 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization