Athabasca Minerals Key Executives
This section highlights Athabasca Minerals's key executives, including their titles and compensation details.
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Athabasca Minerals Earnings
This section highlights Athabasca Minerals's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
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Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|
Athabasca Minerals Inc. develops and supplies aggregates and industrial minerals in Canada. The company operates through four segments: AMI Aggregates, AMI Silica, AMI RockChain, and TerraShift. It holds interest in the Richardson Quarry project comprising three metallic and industrial mineral leases covering an area of 3,904 hectares located to the north of Fort McMurray region. The company also holds interests in the Montney In-Basin project situated in the vicinity of Dawson Creek, Alberta and Fort St. John, British Columbia; the Duvernay project located in Alberta; and Firebag silica sand deposit located north of Fort McMurray, Alberta. In addition, it constructs, operates, and manages the Coffey Lake Public Pit located in north of Fort McMurray, Alberta. Further, it operates RockChain, a digital platform to provide integrated supply and transportation solutions industrial and construction markets; and offers engineering and project services, as well as proprietary technology applications, such as TerraMaps. The company serves multi-national companies, governmental bodies, and small and private companies in infrastructure, construction, power generation, aggregates, forestry, and energy sectors. The company was incorporated in 2006 and is headquartered in Edmonton, Canada.
$0.11
Stock Price
$8.38M
Market Cap
-
Employees
Edmonton, AB
Location
Financial Statements
Access annual & quarterly financial statements for Athabasca Minerals, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|
| Revenue | $34.58M | $12.13M | $1.95M | $2.60M | $5.13M |
| Cost of Revenue | $34.55M | $11.02M | $2.34M | $3.67M | $3.67M |
| Gross Profit | $25.04K | $1.10M | $-399.33K | $-1.06M | $1.47M |
| Gross Profit Ratio | 0.07% | 9.10% | -20.53% | -40.93% | 28.58% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $5.58M | $3.18M | $3.10M | $3.62M | $3.06M |
| Selling and Marketing Expenses | $224 | $93 | $- | $- | $- |
| Selling General and Administrative Expenses | $5.58M | $3.18M | $3.10M | $3.62M | $3.06M |
| Other Expenses | $166.33K | $179.31K | $49.86K | $-2.02M | $1.86M |
| Operating Expenses | $5.74M | $3.36M | $3.15M | $1.61M | $4.92M |
| Cost and Expenses | $40.30M | $14.39M | $5.50M | $5.27M | $8.58M |
| Interest Income | $3.15K | $31.30K | $22.19K | $90.32K | $66.14K |
| Interest Expense | $770.58K | $62.31K | $86.87K | $3.29K | $8.46K |
| Depreciation and Amortization | $3.86M | $481.83K | $381.24K | $394.26K | $901.02K |
| EBITDA | $-1.85M | $-1.79M | $-3.05M | $-2.45M | $-2.98M |
| EBITDA Ratio | -5.36% | -14.63% | -177.22% | -94.26% | -49.68% |
| Operating Income | $-5.72M | $-2.26M | $-3.83M | $-2.85M | $-3.45M |
| Operating Income Ratio | -16.53% | -18.61% | -196.82% | -109.42% | -67.24% |
| Total Other Income Expenses Net | $17.42M | $175.42K | $328.59K | $-14.32K | $548.64K |
| Income Before Tax | $11.70M | $-2.18M | $-3.50M | $-2.72M | $-3.03M |
| Income Before Tax Ratio | 33.84% | -17.94% | -179.93% | -104.54% | -59.12% |
| Income Tax Expense | $-465.79K | $10.81K | $30.65K | $1.82K | $-523.96K |
| Net Income | $12.17M | $-2.19M | $-3.53M | $-2.72M | $-2.51M |
| Net Income Ratio | 35.19% | -18.03% | -181.50% | -104.61% | -48.91% |
| EPS | $0.15 | $-0.03 | $-0.07 | $-0.06 | $-0.07 |
| EPS Diluted | $0.15 | $-0.03 | $-0.07 | $-0.06 | $-0.07 |
| Weighted Average Shares Outstanding | 77.99M | 67.95M | 49.66M | 43.35M | 33.90M |
| Weighted Average Shares Outstanding Diluted | 80.14M | 67.95M | 49.66M | 43.35M | 33.90M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 | June 30, 2019 | March 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $348.76K | $14.41M | $13.00M | $8.56M | $11.52M | $7.46M | $7.04M | $3.28M | $4.34M | $3.28M | $1.10M | $514.15K | $425.73K | $245.71K | $759.59K | $1.11M | $78.15K | $980.40K | $433.63K | $690.17K |
| Cost of Revenue | $49.71K | $14.87M | $13.20M | $8.51M | $12.32M | $7.86M | $5.86M | $3.21M | $3.98M | $2.81M | $895.98K | $601.96K | $747.68K | $276.70K | $718.16K | $1.32M | $522.92K | $1.28M | $569.59K | $546.51K |
| Gross Profit | $299.06K | $-453.27K | $-200.28K | $43.66K | $-800.14K | $-401.10K | $1.18M | $74.64K | $362.35K | $467.11K | $200.68K | $-87.81K | $-321.95K | $-30.99K | $41.43K | $-213.83K | $-444.78K | $-295.42K | $-135.96K | $143.66K |
| Gross Profit Ratio | 85.70% | -3.10% | -1.50% | 0.50% | -6.90% | -5.40% | 16.80% | 2.30% | 8.30% | 14.20% | 18.30% | -17.08% | -75.62% | -12.61% | 5.45% | -19.29% | -569.16% | -30.13% | -31.35% | 20.82% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $1.29M | $1.50M | $981.40K | $1.59M | $1.30M | $1.75M | $930.17K | $719.12K | $603.74K | $949.60K | $909.70K | $758.49K | $716.27K | $786.08K | $841.45K | $920.16K | $937.21K | $862.53K | $901.19K | $1.02M |
| Selling and Marketing Expenses | $- | $- | $- | $224 | $- | $- | $- | $93 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $1.29M | $1.50M | $981.40K | $1.59M | $1.30M | $1.75M | $930.17K | $719.22K | $603.74K | $949.60K | $909.70K | $758.49K | $716.27K | $786.08K | $841.45K | $920.16K | $937.21K | $862.53K | $901.19K | $1.02M |
| Other Expenses | $- | $15.00K | $63.37K | $145.57K | $3.90K | $-6.01K | $22.88K | $-51.11K | $32.92K | $28.21K | $63.58K | $-3.05K | $47.84K | $57.66K | $77.62K | $37.64K | $36.44K | $15.67K | $131.89K | $118.19K |
| Operating Expenses | $1.30M | $1.54M | $1.04M | $1.73M | $1.31M | $1.75M | $953.04K | $663.99K | $748.44K | $1.06M | $894.53K | $682.51K | $730.90K | $818.79K | $919.94K | $926.80K | $-1.22M | $879.28K | $1.02M | $1.25M |
| Cost and Expenses | $1.34M | $16.41M | $14.24M | $10.25M | $13.63M | $9.61M | $6.82M | $3.87M | $4.73M | $3.87M | $1.79M | $1.28M | $1.48M | $1.10M | $1.64M | $2.25M | $-699.37K | $2.16M | $1.59M | $1.80M |
| Interest Income | $5.46K | $128 | $172 | $302 | $1.33K | $855 | $667 | $18.70K | $5.92K | $385 | $6.29K | $5.80K | $5.97K | $3.15K | $7.27K | $16.47K | $18.74K | $34.32K | $20.79K | $21.09K |
| Interest Expense | $169.63K | $454.52K | $385.15K | $641.38K | $64.18K | $55.48K | $9.55K | $11.35K | $14.40K | $16.32K | $20.24K | $78.69K | $2.60K | $2.91K | $2.68K | $2.42K | $251 | $178 | $443 | $402 |
| Depreciation and Amortization | $34.71K | $1.31M | $1.23M | $1.64M | $1.12M | $4.38M | $71.53K | $86.81K | $87.30K | $124.27K | $93.23K | $148 | $3.32K | $4.36K | $2.78K | $2.78K | $2.78K | $2.78K | $61.19K | $79.76K |
| EBITDA | $-2.42M | $-676.37K | $-29.81K | $-971.62K | $-987.36K | $-1.11M | $307.46K | $-557.76K | $-259.95K | $-461.18K | $-530.75K | $-842.07K | $-1.00M | $-728.57K | $-813.00K | $-1.13M | $806.18K | $-1.16M | $-943.35K | $-885.82K |
| EBITDA Ratio | -693.79% | -4.69% | 0.00% | -0.57% | -8.57% | -14.93% | 4.26% | -16.30% | -5.99% | -13.37% | -48.40% | -163.78% | -235.50% | -322.67% | -107.03% | -99.08% | 1031.63% | -118.34% | -217.55% | -128.35% |
| Operating Income | $-996.10K | $-2.00M | $-1.23M | $-1.69M | $-2.11M | $-5.49M | $228.72K | $-684.26K | $-386.09K | $-591.80K | $-689.55K | $-907.01K | $-1.17M | $-858.00K | $-897.89K | $-1.19M | $748.22K | $-1.22M | $-1.18M | $-1.09M |
| Operating Income Ratio | -285.61% | -13.86% | -9.45% | -19.76% | -18.28% | -73.62% | 3.25% | -20.86% | -8.89% | -18.03% | -62.88% | -176.41% | -273.78% | -349.19% | -118.21% | -107.13% | 957.46% | -124.93% | -272.45% | -158.09% |
| Total Other Income Expenses Net | $-1.65M | $1.12M | $-368.53K | $-1.85M | $-25.57K | $-1.35M | $22.35M | $51.16K | $24.44K | $12.08K | $87.74K | $-71.52K | $52.32K | $184.04K | $62.83K | $85.95K | $-28.84K | $-129.96K | $126.30K | $157.81K |
| Income Before Tax | $-2.65M | $-1.26M | $-1.69M | $-3.54M | $-2.15M | $-5.38M | $22.58M | $-633.11K | $-361.65K | $-579.72K | $-601.81K | $-903.88K | $-1.11M | $-673.96K | $-815.68K | $-1.10M | $748.67K | $-1.31M | $-1.06M | $-932.58K |
| Income Before Tax Ratio | -759.85% | -8.75% | -13.01% | -41.37% | -18.69% | -72.19% | 320.53% | -19.30% | -8.33% | -17.66% | -54.88% | -175.80% | -259.87% | -274.29% | -107.38% | -99.38% | 958.03% | -133.68% | -243.32% | -135.12% |
| Income Tax Expense | $-1.29M | $-467.27K | $76.72K | $-465.79K | $47.93K | $3.20M | $-22.34M | $10.51K | $183 | $5 | $106 | $30.65K | $43.55K | $52.35K | $58.13K | $25.35K | $7.40K | $-22.39K | $1.82K | $118.59K |
| Net Income | $-2.65M | $-793.96K | $-1.77M | $-3.07M | $-2.20M | $-8.58M | $44.92M | $-643.62K | $-361.83K | $-579.73K | $-601.91K | $-934.53K | $-1.11M | $-673.96K | $-815.68K | $-1.10M | $748.67K | $-1.31M | $-1.06M | $-932.58K |
| Net Income Ratio | -759.85% | -5.51% | -13.60% | -35.93% | -19.11% | -115.09% | 637.71% | -19.62% | -8.34% | -17.66% | -54.89% | -181.76% | -259.87% | -274.29% | -107.38% | -99.38% | 958.03% | -133.68% | -243.74% | -135.12% |
| EPS | $-0.03 | $-0.01 | $-0.02 | $-0.04 | $-0.03 | $-0.11 | $0.58 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.01 | $-0.02 | $-0.02 | $0.02 | $-0.03 | $-0.03 | $-0.03 |
| EPS Diluted | $-0.03 | $-0.01 | $-0.02 | $-0.04 | $-0.03 | $-0.11 | $0.57 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.01 | $-0.02 | $-0.02 | $0.02 | $-0.03 | $-0.03 | $-0.03 |
| Weighted Average Shares Outstanding | 78.58M | 78.58M | 78.58M | 78.58M | 78.40M | 77.70M | 77.12M | 71.86M | 68.54M | 67.96M | 63.37M | 56.21M | 48.53M | 47.56M | 45.32M | 45.01M | 44.68M | 43.14M | 40.54M | 35.68M |
| Weighted Average Shares Outstanding Diluted | 78.58M | 78.58M | 78.58M | 78.58M | 78.40M | 77.70M | 78.54M | 71.86M | 68.54M | 67.96M | 63.37M | 56.21M | 48.53M | 47.56M | 46.31M | 45.01M | 46.36M | 43.14M | 40.54M | 35.68M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $800.26K | $2.52M | $1.95M | $2.00M | $5.08M |
| Short Term Investments | $- | $- | $- | $- | $124.15K |
| Cash and Short Term Investments | $800.26K | $2.52M | $1.95M | $2.00M | $5.08M |
| Net Receivables | $5.10M | $1.29M | $579.79K | $1.01M | $1.53M |
| Inventory | $3.99M | $846.60K | $846.60K | $1.11M | $1.31M |
| Other Current Assets | $664.28K | $127.33K | $32.41K | $115.58K | $241.10K |
| Total Current Assets | $10.56M | $4.78M | $3.41M | $4.24M | $8.16M |
| Property Plant Equipment Net | $56.49M | $12.81M | $7.24M | $7.45M | $7.51M |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $23.47K | $36.20K | $84.92K | $- | $- |
| Goodwill and Intangible Assets | $23.47K | $36.20K | $84.92K | $- | $- |
| Long Term Investments | $24.98M | $2.80M | $3.52M | $3.63M | $1.65M |
| Tax Assets | $-24.98M | $-2.80M | $3.20M | $- | $- |
| Other Non-Current Assets | $2.31M | $3.31M | $1.08M | $2.96M | $2.96M |
| Total Non-Current Assets | $58.82M | $16.15M | $15.13M | $14.04M | $12.11M |
| Other Assets | $-1 | $- | $- | $- | $- |
| Total Assets | $69.38M | $20.94M | $18.54M | $18.27M | $20.27M |
| Account Payables | $9.69M | $1.77M | $1.00M | $1.27M | $1.58M |
| Short Term Debt | $2.42M | $828.67K | $1.45M | $93.69K | $29.28K |
| Tax Payables | $590.05K | $64.41K | $45.08K | $- | $- |
| Deferred Revenue | $- | $- | $- | $-1.27M | $858.64K |
| Other Current Liabilities | $609.48K | $133.29K | $- | $94.21K | $858.64K |
| Total Current Liabilities | $13.31M | $2.79M | $2.50M | $1.46M | $3.33M |
| Long Term Debt | $12.58M | $304.90K | $218.52K | $86.20K | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $8.28M | $- | $- | $- | $- |
| Other Non-Current Liabilities | $14.10M | $2.69M | $2.64M | $2.46M | $2.27M |
| Total Non-Current Liabilities | $26.69M | $2.99M | $2.86M | $2.54M | $2.27M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $40.00M | $5.79M | $5.36M | $4.00M | $5.60M |
| Preferred Stock | $- | $- | $0 | $0 | $- |
| Common Stock | $23.51M | $22.97M | $18.96M | $16.73M | $14.47M |
| Retained Earnings | $-977.34K | $-13.14M | $-10.96M | $-7.43M | $-4.70M |
| Accumulated Other Comprehensive Income Loss | $1.35M | $2.48K | $-0 | $-0 | $- |
| Other Total Stockholders Equity | $5.49M | $5.32M | $5.19M | $4.96M | $4.91M |
| Total Stockholders Equity | $29.38M | $15.15M | $13.18M | $14.27M | $14.67M |
| Total Equity | $29.38M | $15.15M | $13.18M | $14.27M | $14.67M |
| Total Liabilities and Stockholders Equity | $69.38M | $20.94M | $18.54M | $18.27M | $20.27M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $69.38M | $20.94M | $18.54M | $18.27M | $20.27M |
| Total Investments | $24.98M | $2.80M | $3.52M | $3.63M | $1.65M |
| Total Debt | $15.01M | $1.13M | $1.67M | $179.89K | $29.28K |
| Net Debt | $14.21M | $-1.38M | $-289.29K | $-1.82M | $-5.05M |
Balance Sheet Charts
| Breakdown | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 | June 30, 2019 | March 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $2.07M | $3.11M | $1.02M | $800.26K | $2.06M | $1.21M | $528.52K | $2.52M | $2.00M | $674.60K | $1.56M | $1.95M | $1.18M | $1.09M | $1.74M | $2.00M | $3.99M | $3.72M | $5.28M | $5.08M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $43.93K | $94.90K | $237.15K | $124.15K |
| Cash and Short Term Investments | $2.07M | $3.11M | $1.02M | $800.26K | $2.06M | $1.21M | $528.52K | $2.52M | $2.00M | $674.60K | $1.56M | $1.95M | $1.18M | $1.09M | $1.74M | $2.00M | $3.99M | $3.72M | $5.28M | $5.08M |
| Net Receivables | $1.26M | $11.12M | $7.07M | $5.10M | $6.51M | $3.70M | $5.72M | $1.37M | $1.70M | $3.00M | $427.53K | $579.79K | $245.89K | $114.72K | $1.13M | $1.01M | $85.98K | $1.04M | $713.67K | $1.53M |
| Inventory | $278.84K | $2.53M | $3.96M | $3.99M | $3.43M | $3.35M | $3.23M | $846.60K | $846.60K | $846.60K | $846.60K | $846.60K | $846.60K | $1.11M | $1.11M | $1.11M | $1.11M | $1.14M | $1.31M | $1.31M |
| Other Current Assets | $278.84K | $693.15K | $895.17K | $664.28K | $223.85K | $275.78K | $148.67K | $52.99K | $123.16K | $200.00K | $288.92K | $32.41K | $46.89K | $41.62K | $78.15K | $115.58K | $154.25K | $65.37K | $79.58K | $116.95K |
| Total Current Assets | $3.60M | $17.45M | $12.95M | $10.56M | $12.22M | $8.53M | $9.63M | $4.78M | $4.67M | $4.72M | $3.12M | $3.41M | $2.32M | $2.36M | $4.06M | $4.24M | $5.38M | $6.06M | $7.62M | $8.16M |
| Property Plant Equipment Net | $6.49M | $54.65M | $56.14M | $56.49M | $51.95M | $50.17M | $52.28M | $12.81M | $12.53M | $12.74M | $12.54M | $7.24M | $7.76M | $7.92M | $7.97M | $7.45M | $7.53M | $7.39M | $7.48M | $7.51M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $24.43K | $24.43K | $24.43K | $23.47K | $26.36K | $29.26K | $32.73K | $36.20K | $39.67K | $43.15K | $77.97K | $84.92K | $91.48K | $143.45K | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $24.43K | $24.43K | $24.43K | $23.47K | $26.36K | $29.26K | $32.73K | $36.20K | $39.67K | $43.15K | $77.97K | $84.92K | $91.48K | $143.45K | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $20.51M | $21.34M | $1.52M | $1.52M | $1.52M | $1.52M | $2.53M | $2.54M | $2.54M | $3.50M | $3.51M | $3.52M | $3.60M | $3.61M | $3.61M | $3.63M | $3.57M | $3.60M | $1.87M | $1.65M |
| Tax Assets | $788.88K | $-21.34M | $-1.52M | $-1.52M | $-1.52M | $-1.52M | $-2.53M | $-2.54M | $-2.54M | $-3.50M | $-3.51M | $3.20M | $3.26M | $3.21M | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $120.15K | $909.02K | $2.31M | $2.31M | $2.29M | $2.29M | $769.08K | $769.08K | $769.08K | $769.08K | $769.08K | $1.08M | $1.08M | $1.84M | $4.84M | $2.96M | $1.84M | $2.70M | $2.58M | $2.96M |
| Total Non-Current Assets | $27.93M | $55.59M | $58.48M | $58.82M | $54.27M | $52.49M | $55.61M | $16.15M | $15.88M | $17.06M | $16.89M | $15.13M | $15.78M | $16.71M | $16.42M | $14.04M | $12.93M | $13.69M | $11.93M | $12.11M |
| Other Assets | $- | $-2 | $-10 | $-1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $31.53M | $73.04M | $71.43M | $69.38M | $66.49M | $61.02M | $65.24M | $20.94M | $20.55M | $21.79M | $20.01M | $18.54M | $18.10M | $19.07M | $20.48M | $18.27M | $18.32M | $19.75M | $19.55M | $20.27M |
| Account Payables | $2.07M | $15.95M | $12.39M | $9.69M | $8.52M | $5.15M | $7.17M | $1.77M | $2.17M | $3.20M | $1.12M | $1.00M | $587.21K | $527.64K | $1.51M | $1.27M | $345.89K | $2.06M | $1.90M | $1.58M |
| Short Term Debt | $4.73M | $7.65M | $4.33M | $2.42M | $2.57M | $2.78M | $682.10K | $828.67K | $982.16K | $1.13M | $1.29M | $1.45M | $690.21K | $638.25K | $507.92K | $93.69K | $94.49K | $30.98K | $49.24K | $29.28K |
| Tax Payables | $177.22K | $498.37K | $589.64K | $590.05K | $51.28K | $64.41K | $64.41K | $64.41K | $20.10K | $30.65K | $30.65K | $45.08K | $31.34K | $31.34K | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $177.22K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-1.51M | $-1.27M | $-345.89K | $602.24K | $759.74K | $858.64K |
| Other Current Liabilities | $1 | $391.24K | $606.33K | $609.48K | $133.30K | $133.29K | $133.29K | $133.29K | $- | $- | $- | $- | $16.90K | $16.90K | $131.31K | $94.21K | $250.88K | $602.24K | $759.74K | $858.64K |
| Total Current Liabilities | $6.98M | $24.50M | $17.92M | $13.31M | $11.27M | $8.12M | $8.05M | $2.79M | $3.17M | $4.37M | $2.43M | $2.50M | $1.33M | $1.21M | $2.15M | $1.46M | $691.27K | $3.30M | $3.47M | $3.33M |
| Long Term Debt | $303.49K | $10.68M | $12.55M | $12.58M | $5.23M | $3.23M | $3.43M | $304.90K | $335.38K | $225.00K | $240.37K | $218.52K | $1.13M | $1.30M | $1.34M | $86.20K | $103.92K | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $3.95M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $7.71M | $8.27M | $8.28M | $10.37M | $9.74M | $9.45M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $697.35K | $-17.38M | $5.90M | $5.82M | $7.04M | $6.84M | $6.77M | $2.69M | $2.82M | $2.81M | $2.51M | $2.64M | $3.08M | $3.02M | $2.95M | $2.46M | $2.32M | $- | $- | $- |
| Total Non-Current Liabilities | $1.00M | $22.34M | $26.72M | $26.69M | $22.64M | $19.81M | $19.64M | $2.99M | $3.15M | $3.03M | $2.76M | $2.86M | $4.20M | $4.32M | $4.29M | $2.54M | $2.43M | $2.32M | $2.31M | $2.27M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $7.98M | $46.84M | $44.64M | $40.00M | $33.91M | $27.93M | $27.70M | $5.79M | $6.32M | $7.40M | $5.19M | $5.36M | $5.53M | $5.53M | $6.44M | $4.00M | $3.12M | $5.61M | $5.78M | $5.60M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $0 | $- | $- | $0 | $0 | $- | $- | $- | $- |
| Common Stock | $23.51M | $23.51M | $23.51M | $23.51M | $23.40M | $23.34M | $23.04M | $22.97M | $21.43M | $21.27M | $21.16M | $18.96M | $17.45M | $17.37M | $17.26M | $16.73M | $16.58M | $16.28M | $14.57M | $14.47M |
| Retained Earnings | $-6.37M | $-3.46M | $-2.67M | $-977.34K | $2.10M | $4.05M | $9.44M | $-13.14M | $-12.50M | $-12.14M | $-11.56M | $-10.96M | $-10.02M | $-8.92M | $-8.24M | $-7.43M | $-6.33M | $-7.07M | $-5.76M | $-4.70M |
| Accumulated Other Comprehensive Income Loss | $850.18K | $602.66K | $414.85K | $1.35M | $1.62M | $318.77K | $-293.83K | $- | $- | $- | $- | $-0 | $- | $- | $-0 | $-0 | $- | $- | $-0 | $- |
| Other Total Stockholders Equity | $5.56M | $5.55M | $5.53M | $5.49M | $5.47M | $5.39M | $5.36M | $5.32M | $5.30M | $5.25M | $5.23M | $5.19M | $5.14M | $5.08M | $5.02M | $4.96M | $4.94M | $4.93M | $4.96M | $4.91M |
| Total Stockholders Equity | $23.55M | $26.20M | $26.79M | $29.38M | $32.58M | $33.09M | $37.54M | $15.15M | $14.23M | $14.39M | $14.82M | $13.18M | $12.57M | $13.54M | $14.04M | $14.27M | $15.20M | $14.14M | $13.77M | $14.67M |
| Total Equity | $23.55M | $26.20M | $26.79M | $29.38M | $32.58M | $33.09M | $37.54M | $15.15M | $14.23M | $14.39M | $14.82M | $13.18M | $12.57M | $13.54M | $14.04M | $14.27M | $15.20M | $14.14M | $13.77M | $14.67M |
| Total Liabilities and Stockholders Equity | $31.53M | $73.04M | $71.43M | $69.38M | $66.49M | $61.02M | $65.24M | $20.94M | $20.55M | $21.79M | $20.01M | $18.54M | $18.10M | $19.07M | $20.48M | $18.27M | $18.32M | $19.75M | $19.55M | $20.27M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $31.53M | $73.04M | $71.43M | $69.38M | $66.49M | $61.02M | $65.24M | $20.94M | $20.55M | $21.79M | $20.01M | $18.54M | $18.10M | $19.07M | $20.48M | $18.27M | $18.32M | $19.75M | $19.55M | $20.27M |
| Total Investments | $20.51M | $21.34M | $1.52M | $1.52M | $1.52M | $1.52M | $2.53M | $2.54M | $2.54M | $3.50M | $3.51M | $3.52M | $3.60M | $3.61M | $3.61M | $3.63M | $3.57M | $3.60M | $1.87M | $1.65M |
| Total Debt | $5.04M | $18.34M | $16.88M | $15.01M | $7.80M | $6.01M | $4.11M | $1.13M | $1.32M | $1.36M | $1.53M | $1.67M | $1.82M | $1.94M | $1.85M | $179.89K | $198.42K | $30.98K | $49.24K | $29.28K |
| Net Debt | $2.97M | $15.23M | $15.86M | $14.21M | $5.75M | $4.80M | $3.58M | $-1.38M | $-679.67K | $685.07K | $-34.67K | $-289.29K | $640.36K | $845.58K | $112.99K | $-1.82M | $-3.79M | $-3.69M | $-5.23M | $-5.05M |
Annual Cash Flow
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|
| Net Income | $12.17M | $-2.19M | $-3.53M | $-2.72M | $-2.51M |
| Depreciation and Amortization | $352.92K | $609.17K | $532.43K | $399.61K | $447.72K |
| Deferred Income Tax | $-407.42K | $-609.17K | $-1.67M | $- | $-523.96K |
| Stock Based Compensation | $221.75K | $247.95K | $337.35K | $364.44K | $- |
| Change in Working Capital | $200.73K | $-84.64K | $266.13K | $- | $1.24M |
| Accounts Receivables | $-4.25M | $-419.19K | $520.99K | $- | $-142.22K |
| Inventory | $-3.48M | $229.57K | $- | $- | $736.98K |
| Accounts Payables | $1.43M | $-229.57K | $- | $- | $-57.59K |
| Other Working Capital | $6.50M | $334.55K | $-254.85K | $- | $702.22K |
| Other Non Cash Items | $-14.80M | $813.38K | $2.02M | $-833.10K | $2.06M |
| Net Cash Provided by Operating Activities | $-2.27M | $-1.21M | $-2.04M | $-2.79M | $820.55K |
| Investments in Property Plant and Equipment | $-301.06K | $-606.23K | $-18.55K | $-126.98K | $-107.63K |
| Acquisitions Net | $-1.40M | $120.15K | $126.83K | $-1.02M | $-1.50M |
| Purchases of Investments | $-148 | $-956.60K | $-684.88K | $-1.02M | $-1.95M |
| Sales Maturities of Investments | $148 | $956.60K | $684.88K | $393.98K | $- |
| Other Investing Activities | $-589.07K | $1.01M | $-819.28K | $633.76K | $2.59M |
| Net Cash Used for Investing Activities | $-2.29M | $520.52K | $-711.00K | $-1.14M | $981.45K |
| Debt Repayment | $- | $- | $- | $- | $- |
| Common Stock Issued | $32.99K | $1.74M | $1.48M | $908.79K | $1.15M |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $2.84M | $1.25M | $2.71M | $849.69K | $647.16K |
| Net Cash Used Provided by Financing Activities | $2.84M | $1.25M | $2.71M | $849.69K | $647.16K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-1.72M | $563.06K | $-40.91K | $-3.08M | $2.45M |
| Cash at End of Period | $800.26K | $2.52M | $1.95M | $2.00M | $5.08M |
| Cash at Beginning of Period | $2.52M | $1.95M | $2.00M | $5.08M | $2.63M |
| Operating Cash Flow | $-2.27M | $-1.21M | $-2.04M | $-2.79M | $820.55K |
| Capital Expenditure | $-301.06K | $-606.23K | $-18.55K | $-126.98K | $-107.63K |
| Free Cash Flow | $-2.57M | $-1.82M | $-2.06M | $-2.92M | $712.92K |
Cash Flow Charts
| Breakdown | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 | June 30, 2019 | March 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-2.65M | $-793.96K | $-1.69M | $-3.07M | $-2.15M | $-5.38M | $22.58M | $-643.62K | $-361.83K | $-579.73K | $-601.91K | $-880.57K | $-1.13M | $-673.96K | $-815.68K | $-1.10M | $748.67K | $-1.31M | $-1.06M | $-932.58K |
| Depreciation and Amortization | $40.38K | $129.91K | $1.23M | $1.33M | $1.10M | $1.01M | $55.00K | $141.15K | $217.25K | $132.72K | $93.23K | $116.91K | $269.44K | $121.22K | $117.41K | $87.31K | $101.92K | $98.44K | $61.19K | $79.76K |
| Deferred Income Tax | $-40.38K | $-387.04K | $- | $-407.42K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.82K | $-208 |
| Stock Based Compensation | $21.10K | $21.10K | $36.70K | $65.87K | $84.44K | $5.93K | $65.52K | $53.79K | $60.98K | $65.66K | $67.52K | $74.00K | $84.64K | $76.14K | $102.56K | $53.04K | $164.76K | $92.72K | $53.92K | $36.79K |
| Change in Working Capital | $184.38K | $1.90M | $-352.39K | $1.22M | $514.11K | $-108.08K | $-1.35M | $56.84K | $317.56K | $-420.87K | $-38.17K | $-349.61K | $-136.44K | $1.08M | $-83.57K | $- | $- | $- | $1.21M | $263.82K |
| Accounts Receivables | $920.62K | $2.33M | $-2.41M | $973.10K | $-2.87M | $2.03M | $-4.37M | $410.99K | $1.30M | $-2.58M | $444.92K | $-275.21K | $-131.17K | $1.05M | $-121.00K | $- | $- | $- | $818.19K | $626.82K |
| Inventory | $-571.40K | $1.44M | $-2.29M | $-899.11K | $-80.61K | $-120.52K | $-2.31M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $37.37K | $62.07K |
| Accounts Payables | $-349.22K | $-2.47M | $2.29M | $1.12M | $3.37M | $-1.89M | $5.41M | $-394.29K | $-1.05M | $2.07M | $-326.22K | $- | $- | $- | $- | $- | $- | $- | $457.52K | $-388.40K |
| Other Working Capital | $184.38K | $596.47K | $2.06M | $24.01K | $95.67K | $-127.10K | $5.33M | $-354.15K | $66.29K | $88.93K | $-156.87K | $-74.40K | $-5.27K | $36.53K | $37.43K | $- | $- | $- | $-98.91K | $-36.67K |
| Other Non Cash Items | $1.52M | $3.41K | $60.66K | $1.34M | $40.93K | $3.23M | $-22.32M | $76.59K | $232.00K | $233.58K | $177.98K | $525.32K | $376.33K | $-1.22M | $330.17K | $39.47K | $-1.78M | $-149.44K | $-112.69K | $415.85K |
| Net Cash Provided by Operating Activities | $-920.08K | $874.18K | $-716.73K | $467.82K | $-412.06K | $-1.24M | $-975.00K | $-456.40K | $248.71K | $-701.35K | $-301.34K | $-513.95K | $-532.62K | $-609.20K | $-349.11K | $-921.91K | $-760.35K | $-1.27M | $161.47K | $-136.57K |
| Investments in Property Plant and Equipment | $- | $-679.70K | $-925.44K | $791.05K | $-406.76K | $-58.37K | $-624.80K | $-421.34K | $- | $-114.82K | $-70.06K | $-17.02K | $-701 | $- | $-826 | $-12.97K | $-68.50K | $-5.35K | $-40.16K | $-20.68K |
| Acquisitions Net | $- | $2.80M | $- | $-1.40M | $- | $- | $- | $-1 | $- | $- | $120.15K | $- | $- | $126.83K | $- | $- | $- | $-742.00K | $-280.00K | $- |
| Purchases of Investments | $- | $- | $- | $- | $-148 | $- | $- | $- | $3.37K | $-3.37K | $-1 | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $956.60K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $-204.56K | $- | $-588.92K | $-148 | $- | $- | $50.00K | $959.97K | $- | $-3.37K | $54.73K | $718.31K | $-210.23K | $-1.38M | $-1.12M | $863.52K | $-111.97K | $374.58K | $-1.55M |
| Net Cash Used for Investing Activities | $- | $1.92M | $-925.44K | $-1.19M | $-406.91K | $-58.37K | $-624.80K | $-371.34K | $959.97K | $-114.82K | $46.73K | $37.71K | $717.61K | $-83.40K | $-1.38M | $-1.13M | $795.02K | $-859.32K | $54.42K | $-1.57M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $-81.66K | $141.76K | $183.37K | $32.99K | $1.51M | $156.07K | $75.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $-81.66K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-84.00K | $-707.71K | $1.87M | $-784.65K | $1.79M | $1.98M | $-95.28K | $1.35M | $113.95K | $-69.42K | $-139.56K | $1.31M | $-118.72K | $46.28K | $1.47M | $76.26K | $217.55K | $573.90K | $-18.01K | $1.08M |
| Net Cash Used Provided by Financing Activities | $-84.00K | $-707.71K | $1.87M | $-784.65K | $1.79M | $1.98M | $-95.28K | $1.35M | $113.95K | $-69.42K | $-139.56K | $1.31M | $-118.72K | $46.28K | $1.47M | $76.26K | $217.55K | $573.90K | $-18.01K | $1.08M |
| Effect of Forex Changes on Cash | $- | $-1 | $- | $255.05K | $558.57K | $-1.15K | $-293.83K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-1.00M | $2.08M | $223.82K | $-1.26M | $1.53M | $682.17K | $-1.99M | $520.22K | $1.32M | $-885.60K | $-394.18K | $778.37K | $86.50K | $-646.31K | $-259.47K | $-1.99M | $264.22K | $-1.55M | $197.87K | $-624.00K |
| Cash at End of Period | $2.07M | $3.11M | $1.02M | $800.26K | $2.06M | $1.21M | $528.52K | $2.52M | $2.00M | $674.60K | $1.56M | $1.95M | $1.18M | $1.09M | $1.74M | $2.00M | $3.99M | $3.72M | $5.28M | $5.08M |
| Cash at Beginning of Period | $3.07M | $1.02M | $800.26K | $2.06M | $528.52K | $528.52K | $2.52M | $2.00M | $674.60K | $1.56M | $1.95M | $1.18M | $1.09M | $1.74M | $2.00M | $3.99M | $3.72M | $5.28M | $5.08M | $5.70M |
| Operating Cash Flow | $-920.08K | $874.18K | $-716.73K | $467.82K | $-412.06K | $-1.24M | $-975.00K | $-456.40K | $248.71K | $-701.35K | $-301.34K | $-513.95K | $-532.62K | $-609.20K | $-349.11K | $-921.91K | $-760.35K | $-1.27M | $161.47K | $-136.57K |
| Capital Expenditure | $- | $-679.70K | $-925.44K | $791.05K | $-406.76K | $-58.37K | $-624.80K | $-421.34K | $- | $-114.82K | $-70.06K | $-17.02K | $-701 | $- | $-826 | $-12.97K | $-68.50K | $-5.35K | $-40.16K | $-20.68K |
| Free Cash Flow | $-920.08K | $194.47K | $-1.64M | $1.26M | $-818.82K | $-1.30M | $-1.60M | $-877.75K | $248.71K | $-816.17K | $-371.40K | $-530.97K | $-533.32K | $-609.20K | $-349.94K | $-934.88K | $-828.85K | $-1.27M | $121.31K | $-157.25K |
Athabasca Minerals Dividends
Explore Athabasca Minerals's dividend history, including dividend yield, payout ratio, and historical payments.
Athabasca Minerals News
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Athabasca Minerals Inc. Announces Closing of Corporate Sale to Badger Mining Corporation at a Value of $29.2 Million
EDMONTON, Alberta, April 26, 2024 (GLOBE NEWSWIRE) -- Athabasca Minerals Inc. (TSXV: AMI), together with its subsidiaries (collectively, “Athabasca” or the “Corporation”) announces today that it has closed the previously announced transaction (the “Transaction”) contemplated by the subscription agreement (the “Agreement”) between the Corporation and Badger Mining Corporation (“Badger” or the “Purchaser”) providing for the acquisition of the Corporation by the Purchaser. The Transaction follows the Corporation's filing of the Notice of Intention under the provisions of Part III, Division 1 of the Bankruptcy and Insolvency Act (Canada) (“BIA”) and its previously announced sales and investment solicitation process (“SISP”). The Transaction was approved by the Alberta Court of King's Bench (the “Court”) on Friday, April 19, 2024.
Athabasca Minerals Inc. Announces Court Approval of Reorganization and Delisting From TSX Venture Exchange
EDMONTON, Alberta, April 19, 2024 (GLOBE NEWSWIRE) -- Athabasca Minerals Inc. (TSXV: AMI) (“Athabasca” or the “Corporation”) announced today that it has applied to delist its common shares (the “Common Shares”) from the TSX Venture Exchange (the “TSXV”). The delisting is being pursued in accordance with the terms of the subscription agreement between the Corporation and Badger Mining Corporation (“Badger”) dated February 9, 2024 (the “Agreement”), whereby, among other things, Badger will acquire all of the Common Shares (the “Transaction”). The Transaction is subject to, and has been approved by, an order of the Court of King's Bench of Alberta (the “Court”) under the Bankruptcy and Insolvency Act (the “BIA”), which order has been granted following an application held the morning of April 19, 2024.
Athabasca Minerals Inc. Granted Stay Extension and Replacement Interim Financing
Edmonton, Alberta--(Newsfile Corp. - March 11, 2024) - Athabasca Minerals Inc. (TSXV: AMI) (together with its subsidiaries, collectively, "Athabasca" or the "Corporation") announce that it has obtained an order (the "Order") from the Court of King's Bench of Alberta (the "Court") on March 8, 2024 in support of its restructuring efforts under the Notice of Intention to Make a Proposal (the "NOI"). This Order extends the current stay period to April 22, 2024 (the "Stay Extension"), amending and restating the stay extension announced on January 26, 2024.
Athabasca Minerals Inc. Announces Corporate Sale Transaction Valued at CAD $29.2 Million
Edmonton, Alberta--(Newsfile Corp. - February 15, 2024) - Athabasca Minerals Inc. (TSXV: AMI), together with its subsidiaries (collectively, "Athabasca" or the "Corporation") announces today that it has entered into a transaction agreement (the "Agreement") with Badger Mining Corporation (the "Purchaser" or "Badger") for the acquisition of the Corporation by Badger (the "Transaction"). The Transaction is to be implemented by way of a subscription agreement between the Corporation and the Purchaser, and a reverse vesting order ("RVO") to be issued by the Alberta Court of King's Bench (the "Court") under the Bankruptcy and Insolvency Act (Canada) (the "BIA"), pursuant to which: i) the existing common shares of Athabasca will be exchanged on a 1:1 basis for shares in a newly incorporated entity termed "ResidualCo"; ii) all other existing equity interests in Athabasca will be cancelled for no consideration; iii) certain existing claims and liabilities will be transferred from the Corporation to ResidualCo; and iv) Badger will be issued new shares from the Corporation's treasury and will acquire such shares free and clear of all claims and encumbrances.
Athabasca Minerals Inc. Granted Extension of Stay Period and Provides Update on Sales Process
Edmonton, Alberta--(Newsfile Corp. - January 29, 2024) - Athabasca Minerals Inc. (TSXV: AMI), together with its subsidiaries (collectively, "Athabasca" or the "Corporation") announces that it has obtained an order from the Court of King's Bench of Alberta (the "Court") on January 26, 2024 in support of its restructuring efforts under the Notice of Intention to Make a Proposal (the "NOI"). This order extends the current stay period to March 11, 2024 (the "Stay Extension"), amending and restating the initial order announced on December 15, 2023.
Athabasca Minerals Inc. Announces Commencement of Court-Approved Sale and Investment Solicitation Process
Edmonton, Alberta--(Newsfile Corp. - December 15, 2023) - As previously announced on November 14, 2023, Athabasca Minerals Inc. (TSXV: AMI), together with its subsidiaries (collectively, "Athabasca" or the "Corporation") commenced a restructuring process by filing Notices of Intention to Make a Proposal to its creditors (the "NOI") under the provisions of Part III, Division 1 of the Bankruptcy and Insolvency Act (Canada), as amended (the "BIA"). KSV Restructuring Inc. is acting as proposal trustee (the "Proposal Trustee").
Athabasca Minerals Inc. Announces Q3 - 2023 Financial Results, Resignation of Donald Paulencu as Director and Chairman, and Update on Notice of Intention Process
Edmonton, Alberta--(Newsfile Corp. - November 29, 2023) - Athabasca Minerals Inc. (TSXV: AMI) ("Athabasca" or the "Corporation") reports its financial and operating results for the three and nine months ended September 30, 2023 ("Interim Financial Statements") along with the associated Management's Discussion & Analysis ("MD&A"). Athabasca also announces that Mr.
Athabasca Minerals Inc. Announces Termination of the Arrangement Agreement with JMAC Energy Services LLC, Resignation of Jon McCreary as Director, Notice of Intention to Make a Proposal and Filing of Restated Financial Statements
Edmonton, Alberta--(Newsfile Corp. - November 14, 2023) - Athabasca Minerals Inc. (TSXV: AMI) ("Athabasca" or the "Corporation") announces the termination of the arrangement agreement dated September 20, 2023 between JMAC Energy Services LLC ("JMAC") and Athabasca (the "Arrangement Agreement"), resignation of Jon McCreary as director of the Corporation, the filing of a Notice of Intention ("Notice of Intention") to Make a Proposal to its creditors under the provision of Part III, Division of the Bankruptcy and Insolvency Act (Canada) (the "BIA") and filing of restated financial statements. TERMINATION OF ARRANGEMENT AGREEMENT The sole manager of JMAC has provided the Corporation with a notice terminating the Arrangement Agreement (the "NoT"), as a result of the conditions set out in Section 6.2(b) and Section 6.2(c) of the Arrangement Agreement being incapable of being satisfied by the Outside Date (as defined in the Arrangement Agreement) in connection with and as evidenced by the Amendment and Restatement of the Financial Statements as set out below.
Athabasca Minerals Inc. Announces Requirement to Restate Its Financial Statements and MD&A and Postponement of the Special Meeting
Edmonton, Alberta--(Newsfile Corp. - October 30, 2023) - Athabasca Minerals Inc. (TSXV: AMI) ("Athabasca" or the "Corporation") announces that, based on discussions with its auditors, the Corporation is required to amend and restate its audited consolidated financial statements for the years ended December 31, 2021 and December 31, 2022 ("Annual Financial Statements") and the associated Management's Discussion & Analysis, as well as the interim condensed consolidated financial statements and the associated Management's Discussion & Analysis for the three and six month periods ended June 30, 2023 (together with the Annual Financial Statements, collectively, the "Consolidated Financial Statements"). The Corporation is required to amend and restate the Consolidated Financial Statements as at and for the years ending December 31, 2021 and December 31, 2022 as the accounting position of a joint operation taken on the set up of its joint arrangement in AMI Silica LLC, entered into in 2021 (the "Joint Arrangement") was found to be incorrect.
Athabasca Minerals Inc. Enters into Agreement to be Acquired by JMAC Energy Services LLC and Enters into an Amended Loan Agreement
Edmonton, Alberta--(Newsfile Corp. - September 21, 2023) - Athabasca Minerals Inc. (TSXV: AMI) ("Athabasca" or the "Corporation") announces that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with JMAC Energy Services LLC (the "Purchaser" or "JMAC") pursuant to which the Purchaser has agreed to acquire all of the issued and outstanding common shares of Athabasca ("Athabasca Shares"), other than Athabasca Shares already owned or controlled by the Purchaser, or persons or entities related to the Purchaser for cash consideration of $0.145 per Athabasca Share (the "Purchase Price"). The proposed transaction (the "Transaction") is to be completed by way of a plan of arrangement under the Business Corporations Act (Alberta) (the "Plan of Arrangement").
Athabasca Minerals Announces Q2 2023 Financial Results and Postponement of Shareholder Meeting Date
Calgary, Alberta--(Newsfile Corp. - August 24, 2023) - Athabasca Minerals Inc. (TSXV: AMI) ("AMI" or the "Corporation"), announces its Q2 Financial Statements for the second-quarter ending June 30, 2023. The Q2 2023 Financial Statements and Management's Discussion and Analysis are available on SEDAR+ at www.sedarplus.ca and on the Corporation's website at www.athabascaminerals.com.
Athabasca Minerals, Inc. (ABCAF) Q3 2022 Earnings Call Transcript
Athabasca Minerals, Inc. (OTCPK:ABCAF) Q3 2022 Earnings Conference Call November 29, 2022 11:30 AM ET Company Participants Cheryl Grue - Director, Corporate Affairs David Churchill - CFO Dana Archibald - CEO Conference Call Participants Cheryl Grue Good morning to all of you who have joined us on today's call. My name is Cheryl Grue, and I am the Director of Corporate Affairs for Athabasca Minerals, Inc. Today's call will be addressing the 2022 third quarter financials that were released last week as well as providing an update on AMI's current activities and our continued refocusing of the company as part of our commitment to corporate growth and shareholder value.
Athabasca Minerals Inc. (ABCAF) Q2 2022 Earnings Call Transcript
Athabasca Minerals Inc. (OTCPK:ABCAF) Q2 2022 Earnings Conference Call August 30, 2022 11:30 AM ET Company Representatives Dana Archibald - Chief Executive Officer David Churchill - Chief Financial Officer Cheryl Grue - Director of Corporate Affairs Conference Call Participants Cheryl Grue Good morning to all of you who have joined us on today's call. My name is Cheryl Grue and I am the Director of Corporate Affairs for Athabasca Minerals, Inc. Today's call will be a different format than previous updates, as we will not be presenting any slides, but rather David Churchill, our CFO, will be speaking directly to the 2022, Q2 results that were posted last week.
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