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Record Resources Inc. (V:REC)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 229, 52477 Highway 21
SHERWOOD PARK AB T8A 6K2
Tel: N/A
Website: https://recordgoldcorp.com
IR: See website
Key People
Vladimir A. Katic
President, Chief Executive Officer, Director
Richard D. Colling
Chief Financial Officer
 
Business Overview
Record Resources Inc. is a Canadian lithium and gold exploration company. The Company focuses on acquiring and developing its lithium, uranium and gold properties. Its properties include Whitemud River and Rope Lake Lithium Properties; Doran Lithium Property; Grenfell Gold Exploration Property; 4 Nations Gold Exploration Property; Kenogami East Gold Exploration Property, and Amikougami + Otto Gold Exploration Property. The Whitemud River lithium prospect consists of 111 claims and 200 kilometers (km) east of Red Lake and approximately 125 km northeast of Sioux Lookout. It also has an option agreement to acquire a 100 % interest in the Doran Lithium Property, located 60 km east of the Root Lake Lithium Project. Its Grenfell Gold Exploration Property is located in Grenfell Township. It has also optioned a uranium property in western Ontario consisting of 10 claims. The Company also has an option to acquire Malborne property, which consists of 780 claims stretching over 16,320 hectares.
Financial Overview
For the three months ended 31 December 2023, Record Resources Inc revenues was not reported. Net loss decreased 94% to C$2K. Lower net loss reflects General and administrative decrease of 94% to C$2K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $2.76M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.07M as of Dec 31, 2023
Net annual income (TTM): -$0.75M as of Dec 31, 2023
Free cash flow (TTM): -$0.06M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.11M as of Dec 31, 2023
Shares outstanding: 75,425,382 as of Apr 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization