Company Metalore Resources Limited

Equities

MET

CA5913071034

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. 14:30:05 29/05/2024 BST 5-day change 1st Jan Change
2.95 CAD +1.72% Intraday chart for Metalore Resources Limited +1.72% +11.32%

Business Summary

Metalore Resources Limited is a Canada-based mining exploration company. The Company is engaged in natural gas production and gold exploration in Ontario. The Company owns and/or controls approximately 40,000 acres of petroleum, natural gas and mineral leases in Charlotteville and Walsingham townships in Norfolk County, Ontario. The natural gas is produced from over 83 wells in two townships in Norfolk County, Ontario, and is distributed to over 150 commercial and residential customers along gathering pipelines through a cooperative agreement with Enbridge Gas Inc. The Company retains approximately 21-26% joint venture interest in over 600 gold mining claims in the prolific Beardmore-Geraldton gold belt held by operator Greenstone Gold Mines GP Inc. It holds approximately 1% net smelter return on about 18 claims in the Brookbank and Beardmore areas of Ontario. The Company explores Northwestern Ontario for gold, copper, zinc, lithium, platinum-group elements (PGEs) and diamonds.

Number of employees: 4

Sales per Business

CAD in Million2022Weight2023Weight Delta
Natural Gas
106.7 %
1 106.6 % 1 106.7 % +31.60%
Royalties Paid
-6.9 %
0 -7.0 % 0 -6.9 % +30.25%
Royalty Income
0.2 %
0 0.4 % 0 0.2 % -29.43%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
100.0 %
1 100.0 % 1 100.0 % +31.48%

Managers

Managers TitleAgeSince
Chief Executive Officer - 31/10/87
Director of Finance/CFO - 31/12/16
Sales & Marketing - 31/12/99

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 31/12/08
Chairman - 31/12/81
Chief Executive Officer - 31/10/87
Director/Board Member - 15/06/09
Director of Finance/CFO - 31/12/16

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,775,035 672,970 ( 37.91 %) 0 37.91 %

Shareholders

NameEquities%Valuation
581,211 32.74 % 1 M $
468,454 26.39 % 1 M $
40,000 2.253 % 85 800 $
6,900 0.3887 % 14 801 $
Bruce Davis
0.1690 %
3,000 0.1690 % 6 435 $
2,500 0.1408 % 5 363 $

Company contact information

Metalore Resources Ltd.

124 Norfolk Street North Suite 422

N3Y 3N8, Simcoe

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http://www.metaloreresources.ca
address Metalore Resources Limited(MET)
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