Golden Spike Resources Corp. (C:GLDS)
Business Focus: Diversified Mining
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Latest 10 SEDI filings for GLDS within the last 6 months
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Company News
Dec 12, 2023 16:49 ET
Golden Spike Concludes Debt Settlement Transaction
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2023) - Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) ("Golden Spike" or the "Company") Further to its announcement on December 6, 2023, the Company has issued 562,500 common shares (each, a "Share") at $0.08 per Share as settlement of indebtedness totaling CAD$45,000 (the "Transaction").
Dec 06, 2023 12:33 ET
Golden Spike Closes Proceeds to Debt Settlement Transaction
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2023) - Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) ("Golden Spike" or the "Company") announces that it has entered into debt settlement agreement with an arm's length third party of the Company, pursuant to which the Company has agreed to issue an aggregate of 562,500 common shares (each, a "Share") at a deemed price of $0.08 per Share, to settle a total indebtedness of CAD$45,000 (the "Transaction").
Valuation Ratios
Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
--
6.15
4.51
Price to Book - most recent quarter
1.44
1.96
1.98
Price to Cash Flow per share - TTM
--
8.70
9.58
Price to Free Cash Flow per share - TTM
--
19.55
20.17
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 86,000 | 0 |
| Jan 15, 2024 | 1,376 | 0 |
| Dec 15, 2023 | 167,500 | 167,000 |
Business Summary
| Sector: Basic Materials | Industry: Diversified Mining |
Golden Spike Resources Corp. is a Canadian mineral exploration company. The Company is focused on identifying, acquiring and unlocking value in mineral opportunities in Canada and other low-risk jurisdictions. The Company holds the rights to acquire 100% interest in the Gregory River Property. The Gregory River Property covers approximately 3,425 hectares and is comprised of 17, with contiguous mineral licenses, which consolidates the majority of the belt under Golden Spike. The licenses are located on the west coast of the province of Newfoundland and Labrador, 42 kilometers (km) north northwest of the city of Corner Brook, and 53 km west of the city of Deer Lake. The Property lies approximately 27 km north-northeast of the York Harbour deposit, a Cyprus-type, copper-zinc-silver VMS deposit. The Company's wholly owned subsidiary is Golden Horizon Exploration Corp., which is an exploration stage company.
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