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Metalore Resources Limited (V:MET)

Business Focus: Oil & Gas Exploration and Production

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Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for MET within the last 6 months
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Company News

Dec 09, 2020 16:45 ET
Metalore Sells Its East Cedartree Project to First Mining Gold Corp
SIMCOE, ON / ACCESSWIRE / December 9, 2020 / Metalore Resources Limited (TSXV:MET) ("Metalore" or the "Company") is pleased to announce that it has completed the sale of its East Cedartree Project to First Mining Gold Corp.
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Dec 03, 2020 08:00 ET
Metalore to Sell East Cedartree Project to First Mining Gold Corp
SIMCOE, ON / ACCESSWIRE / December 3, 2020 / Metalore Resources Limited (TSXV:MET) ("Metalore" or the "Company") announces that First Mining Gold Corp. has agreed to purchase the East Cedartree Project for $3 million cash and 3,000,000 First Mining shares. The transaction is expected to close by December 8, 2020. While the purchase of the project completes an important land package assembly for First Mining, the sale represents the opportunity for the Chilian Family and closely associated shareholders (who control over 67% of all outstanding shares of Metal
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Valuation Ratios

Price to Sales - TTM
Price to Book - most recent quarter
Price to Cash Flow per share - TTM
Price to Free Cash Flow per share - TTM
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Short Report

DateNumber of Shares ShortedNet Change
Dec 31, 2020450
Dec 31, 196900
Dec 31, 196900
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Business Summary

Sector:  Energy Industry:  Oil & Gas Exploration and Production

Metalore Resources Limited is a junior resource company. The Company is engaged in the exploration, development and production of natural gas in Southwestern Ontario and in early-stage exploration of precious metals in Northwestern Ontario. The Company owns and/or controls approximately 40,000 acres of petroleum, natural gas and mineral leases in Charlotteville, Walsingham and Houghton townships in Norfolk County, Ontario. It produces natural gas from over 80 wells in approximately two townships in Norfolk County, Ontario. The Company holds interest in Beardmore/Geraldton Gold properties, located in Northwestern Ontario, approximately 180 kilometers northeast of Thunder Bay, Ontario. The Company holds interest in the Cedartree Lake Gold Property (CLG), which consists of over 200 claim units that cover approximately 8,000 acres. The CLG Property is located approximately 80 kilometers southeast of the town of Kenora, Ontario, over 20 kilometers southeast of Sioux Narrows.

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