This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsGold Line Resources (4UZA) 주식 개요Gold Line Resources Ltd. engages in the acquisition and exploration of mineral properties in Sweden and Finland. 자세히 보기4UZA 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성4/6배당0/6위험 분석지난 3개월 동안 주가 변동성이 German 시장과 비교했을 때 매우 높았습니다.지난 5년간 매년 수익이 13% 감소했습니다.지난 1년 동안 주주가 크게 희석되었습니다.수익이 USD$1m 미만입니다(CA$0)+ 위험 1건 추가모든 위험 점검 보기4UZA Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.043해당 없음내재 할인율Est. Revenue$PastFuture-10m12016201920222025202620282031Revenue CA$1.0Earnings CA$0.1AdvancedSet Fair ValueView all narrativesGold Line Resources Ltd. 경쟁사Pearl GoldSymbol: DB:02PMarket cap: €7.5mPasinex ResourcesSymbol: DB:PNXMarket cap: €13.7mIberAmerican LithiumSymbol: DB:W2CMarket cap: €54.8kRostraSymbol: DB:3330Market cap: €16.5m가격 이력 및 성과Gold Line Resources 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$0.04352주 최고가CA$0.08452주 최저가CA$0.032베타2.471개월 변동-24.74%3개월 변동-28.52%1년 변동-33.95%3년 변동-99.00%5년 변동n/aIPO 이후 변동-98.08%최근 뉴스 및 업데이트공시 • Feb 27Barsele Minerals Corp. (TSXV:BME) completed the acquisition of Gold Line Resources Ltd. (TSXV:GLDL) for CAD 5.93 million.Barsele Minerals Corp. (TSXV:BME) signed a letter of intent to acquire Gold Line Resources Ltd. (TSXV:GLDL) on November 9, 2023. Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 5.93 million on December 12, 2023. Under the terms of the transaction, Barsele will acquire all of the issued and outstanding common shares of Gold Line, and the holders of the issued and outstanding Gold Line Shares will receive 0.7382 of a Barsele Share for each Gold Line Share. Post completion, shareholders of Barsele will own 80% and Gold Line shareholders will own 20% in the resulting issuer. In connection with the Transaction, Barsele proposes to undertake the Concurrent Price Placement to raise aggregate proceeds of approximately CAD 1 million through the sale of up to 6,700,000 subscription receipts of Barsele for CAD 0.15 per Subscription Receipt. The proceeds from the private placement will be used to fund exploration programs across the combined portfolio of the Resulting Issuer, costs related to the proposed Transaction, and for working capital and general corporate purposes. In connection with the completion of the Transaction, the Gold Line Shares will be de-listed from the TSXV, and following closing, Gold Line will make an application to cease to be a reporting issuer under Canadian securities laws. Under certain circumstances, if the Arrangement Agreement is terminated, Barsele would be entitled to a termination fee of CAD 400,000. The board of directors of the Resulting Issuer will comprised of five directors, including two nominees of Gold Line and three nominees of Barsele. Taj Singh will assume the role as President, Chief Executive Officer, and Director, will lead the combined management and project team of the Resulting Issuer. Benjamin Gelber of Gold Line will assume the role of Vice President, Exploration. The Resulting Issuer Board is expected to be made up of Gold Line directors Toby Pierce (Non-executive Chair) and Taj Singh and Barsele directors Gary Cope and Ross Wilmot, as well as new incumbent Marc Legault. The transaction is subject to the approval of the Gold Line shareholders, approval of the TSX, issuance of a final order by the British Columbia Supreme Court, and completion of the Concurrent Private Placement. The board of directors of Barsele and Gold Line has unanimously approved the transaction and is expected to close in February 2024. As of February 15, 2024, the transaction has been approved by the shareholders of Gold Line and is expected to be completed on or about February 23, 2024. The hearing for the final order of the Supreme Court of British Columbia to approve the Arrangement is scheduled to take place on February 20, 2024.PI Financial Corp. is acting as a financial advisor as well as a fairness opinion provider to Gold Line. Victor Gerchikov of Stikeman Elliott LLP is acting as legal counsel to Barsele and Sam Cole of Cassels Brock & Blackwell LLP is acting as legal counsel to Gold Line. Computershare Trust Company of Canada acted as registrar and transfer agent to Gold Line. Davidson and Company LLP acted as GLDL’s auditor in the transaction. Computershare Investor Services Inc. acted as depositary to Gold Line. As of February 20, 2024, the Supreme Court of British Columbia granted a final order in respect of the proposed arrangement. Barsele Minerals Corp. (TSXV:BME) completed the acquisition of Gold Line Resources Ltd. (TSXV:GLDL) on February 26, 2024.공시 • Dec 14Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 6.6 million.Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 6.6 million on December 12, 2023. Under the terms of the transaction, Barsele will acquire all of the issued and outstanding common shares of Gold Line, and the holders of the issued and outstanding Gold Line Shares will receive 0.7382 of a Barsele Share for each Gold Line Share. Post completion, shareholders of Barsele will own 80% and Gold Line shareholders will own 20% in the resulting issuer. In connection with the Transaction, Barsele proposes to undertake the Concurrent Price Placement to raise aggregate proceeds of approximately CAD 1 million through the sale of up to 6,700,000 subscription receipts of Barsele for CAD 0.15 per Subscription Receipt. The proceeds from the private placement will be used to fund exploration programs across the combined portfolio of the Resulting Issuer, costs related to the proposed Transaction, and for working capital and general corporate purposes. In connection with the completion of the Transaction, the Gold Line Shares will be de-listed from the TSXV, and following closing, Gold Line will make an application to cease to be a reporting issuer under Canadian securities laws. Under certain circumstances, if the Arrangement Agreement is terminated, Barsele would be entitled to a termination fee of CAD 400,000. The board of directors of the Resulting Issuer will comprised of five directors, including two nominees of Gold Line and three nominees of Barsele. Taj Singh will assume the role as President, Chief Executive Officer, and Director, will lead the combined management and project team of the Resulting Issuer. Benjamin Gelber of Gold Line will assume the role of Vice President, Exploration. The Resulting Issuer Board is expected to be made up of Gold Line directors Toby Pierce (Non-executive Chair) and Taj Singh and Barsele directors Gary Cope and Ross Wilmot, as well as new incumbent Marc Legault. The transaction is subject to the approval of the Gold Line shareholders, approval of the TSX, issuance of a final order by the British Columbia Supreme Court, and completion of the Concurrent Private Placement. The board of directors of Barsele and Gold Line has unanimously approved the transaction and is expected to close in February 2024. PI Financial Corp. is acting as a financial advisor as well as a fairness opinion provider to Gold Line. Stikeman Elliott LLP is acting as legal counsel to Barsele and Cassels Brock & Blackwell LLP is acting as legal counsel to Gold Line.New Risk • Oct 30New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 76% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.06m market cap, or US$3.24m).공시 • Oct 07Gold Line Resources Ltd., Annual General Meeting, Dec 14, 2023Gold Line Resources Ltd., Annual General Meeting, Dec 14, 2023.공시 • Sep 27Gold Line Resources Ltd Appoints Gernot Wober to Its Advisory BoardGold Line Resources Ltd. announced that Mr. Gernot Wober has been appointed to the Company's Advisory Board. Mr. Wober is a professional geologist (P. Geo.) and has over 32 years of international resource exploration experience. Mr. Wober is currently VP Exploration for Discovery Silver Corp. where he started in 2018, and in 2019 identified the Cordero silver deposit in Chihuahua, Mexico for acquisition. Previously, he served as VP Exploration, Canada, at Osisko Mining Inc. ("Osisko"), during which time he took part in several key mergers and acquisitions and led the team through the advancement of the Windfall gold deposit and the discovery of the new Lynx Zone. Other roles Mr. Wober has held include VP Exploration for Oban Mining Corporation, Director Of Site Operations for the Pebble project in Alaska with the Pebble Limited Partnership, VP Exploration for Great Basin Gold Ltd., and various exploration roles with Chevron Canada Resources Limited, Noranda Exploration Company Limited, and Taseko Mines Limited.공시 • Sep 22Gold Line Resources Ltd. announced that it expects to receive CAD 2 million in fundingGold Line Resources Ltd. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.10 per unit for proceeds of up to CAD 2,000,000 on September 21, 2023. Each unit will consist of one common share and one-half of one share purchase warrant. Each full warrant will entitle the holder to purchase one common share at a price of CAD 0.20 per common share for a period of twenty-four months from the date of issuance. As a part of the transaction, The company will pay a finder's fee of 6% on the gross proceeds of the transaction. All securities issued under the financing are subject to TSX Venture Exchange approval will be subject to a four month and one day hold period after the date of closing.더 많은 업데이트 보기Recent updates공시 • Feb 27Barsele Minerals Corp. (TSXV:BME) completed the acquisition of Gold Line Resources Ltd. (TSXV:GLDL) for CAD 5.93 million.Barsele Minerals Corp. (TSXV:BME) signed a letter of intent to acquire Gold Line Resources Ltd. (TSXV:GLDL) on November 9, 2023. Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 5.93 million on December 12, 2023. Under the terms of the transaction, Barsele will acquire all of the issued and outstanding common shares of Gold Line, and the holders of the issued and outstanding Gold Line Shares will receive 0.7382 of a Barsele Share for each Gold Line Share. Post completion, shareholders of Barsele will own 80% and Gold Line shareholders will own 20% in the resulting issuer. In connection with the Transaction, Barsele proposes to undertake the Concurrent Price Placement to raise aggregate proceeds of approximately CAD 1 million through the sale of up to 6,700,000 subscription receipts of Barsele for CAD 0.15 per Subscription Receipt. The proceeds from the private placement will be used to fund exploration programs across the combined portfolio of the Resulting Issuer, costs related to the proposed Transaction, and for working capital and general corporate purposes. In connection with the completion of the Transaction, the Gold Line Shares will be de-listed from the TSXV, and following closing, Gold Line will make an application to cease to be a reporting issuer under Canadian securities laws. Under certain circumstances, if the Arrangement Agreement is terminated, Barsele would be entitled to a termination fee of CAD 400,000. The board of directors of the Resulting Issuer will comprised of five directors, including two nominees of Gold Line and three nominees of Barsele. Taj Singh will assume the role as President, Chief Executive Officer, and Director, will lead the combined management and project team of the Resulting Issuer. Benjamin Gelber of Gold Line will assume the role of Vice President, Exploration. The Resulting Issuer Board is expected to be made up of Gold Line directors Toby Pierce (Non-executive Chair) and Taj Singh and Barsele directors Gary Cope and Ross Wilmot, as well as new incumbent Marc Legault. The transaction is subject to the approval of the Gold Line shareholders, approval of the TSX, issuance of a final order by the British Columbia Supreme Court, and completion of the Concurrent Private Placement. The board of directors of Barsele and Gold Line has unanimously approved the transaction and is expected to close in February 2024. As of February 15, 2024, the transaction has been approved by the shareholders of Gold Line and is expected to be completed on or about February 23, 2024. The hearing for the final order of the Supreme Court of British Columbia to approve the Arrangement is scheduled to take place on February 20, 2024.PI Financial Corp. is acting as a financial advisor as well as a fairness opinion provider to Gold Line. Victor Gerchikov of Stikeman Elliott LLP is acting as legal counsel to Barsele and Sam Cole of Cassels Brock & Blackwell LLP is acting as legal counsel to Gold Line. Computershare Trust Company of Canada acted as registrar and transfer agent to Gold Line. Davidson and Company LLP acted as GLDL’s auditor in the transaction. Computershare Investor Services Inc. acted as depositary to Gold Line. As of February 20, 2024, the Supreme Court of British Columbia granted a final order in respect of the proposed arrangement. Barsele Minerals Corp. (TSXV:BME) completed the acquisition of Gold Line Resources Ltd. (TSXV:GLDL) on February 26, 2024.공시 • Dec 14Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 6.6 million.Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 6.6 million on December 12, 2023. Under the terms of the transaction, Barsele will acquire all of the issued and outstanding common shares of Gold Line, and the holders of the issued and outstanding Gold Line Shares will receive 0.7382 of a Barsele Share for each Gold Line Share. Post completion, shareholders of Barsele will own 80% and Gold Line shareholders will own 20% in the resulting issuer. In connection with the Transaction, Barsele proposes to undertake the Concurrent Price Placement to raise aggregate proceeds of approximately CAD 1 million through the sale of up to 6,700,000 subscription receipts of Barsele for CAD 0.15 per Subscription Receipt. The proceeds from the private placement will be used to fund exploration programs across the combined portfolio of the Resulting Issuer, costs related to the proposed Transaction, and for working capital and general corporate purposes. In connection with the completion of the Transaction, the Gold Line Shares will be de-listed from the TSXV, and following closing, Gold Line will make an application to cease to be a reporting issuer under Canadian securities laws. Under certain circumstances, if the Arrangement Agreement is terminated, Barsele would be entitled to a termination fee of CAD 400,000. The board of directors of the Resulting Issuer will comprised of five directors, including two nominees of Gold Line and three nominees of Barsele. Taj Singh will assume the role as President, Chief Executive Officer, and Director, will lead the combined management and project team of the Resulting Issuer. Benjamin Gelber of Gold Line will assume the role of Vice President, Exploration. The Resulting Issuer Board is expected to be made up of Gold Line directors Toby Pierce (Non-executive Chair) and Taj Singh and Barsele directors Gary Cope and Ross Wilmot, as well as new incumbent Marc Legault. The transaction is subject to the approval of the Gold Line shareholders, approval of the TSX, issuance of a final order by the British Columbia Supreme Court, and completion of the Concurrent Private Placement. The board of directors of Barsele and Gold Line has unanimously approved the transaction and is expected to close in February 2024. PI Financial Corp. is acting as a financial advisor as well as a fairness opinion provider to Gold Line. Stikeman Elliott LLP is acting as legal counsel to Barsele and Cassels Brock & Blackwell LLP is acting as legal counsel to Gold Line.New Risk • Oct 30New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 76% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.06m market cap, or US$3.24m).공시 • Oct 07Gold Line Resources Ltd., Annual General Meeting, Dec 14, 2023Gold Line Resources Ltd., Annual General Meeting, Dec 14, 2023.공시 • Sep 27Gold Line Resources Ltd Appoints Gernot Wober to Its Advisory BoardGold Line Resources Ltd. announced that Mr. Gernot Wober has been appointed to the Company's Advisory Board. Mr. Wober is a professional geologist (P. Geo.) and has over 32 years of international resource exploration experience. Mr. Wober is currently VP Exploration for Discovery Silver Corp. where he started in 2018, and in 2019 identified the Cordero silver deposit in Chihuahua, Mexico for acquisition. Previously, he served as VP Exploration, Canada, at Osisko Mining Inc. ("Osisko"), during which time he took part in several key mergers and acquisitions and led the team through the advancement of the Windfall gold deposit and the discovery of the new Lynx Zone. Other roles Mr. Wober has held include VP Exploration for Oban Mining Corporation, Director Of Site Operations for the Pebble project in Alaska with the Pebble Limited Partnership, VP Exploration for Great Basin Gold Ltd., and various exploration roles with Chevron Canada Resources Limited, Noranda Exploration Company Limited, and Taseko Mines Limited.공시 • Sep 22Gold Line Resources Ltd. announced that it expects to receive CAD 2 million in fundingGold Line Resources Ltd. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.10 per unit for proceeds of up to CAD 2,000,000 on September 21, 2023. Each unit will consist of one common share and one-half of one share purchase warrant. Each full warrant will entitle the holder to purchase one common share at a price of CAD 0.20 per common share for a period of twenty-four months from the date of issuance. As a part of the transaction, The company will pay a finder's fee of 6% on the gross proceeds of the transaction. All securities issued under the financing are subject to TSX Venture Exchange approval will be subject to a four month and one day hold period after the date of closing.공시 • Sep 21Gold Line Resources Ltd. Provides an Update on Exploration Activities on Its 100%-Owned Paubacken and Storjuktan Projects Located in the Gold Line Belt, Northern SwedenGold Line Resources Ltd. provided an update on exploration activities on its 100%-owned Paubacken and Storjuktan projects located in the Gold Line Belt, northern Sweden. The summer 2023 exploration was designed to progress existing targets and identify additional targets through execution of systematic exploration programs consisting of regional till sampling and base-of-till /top of bedrock drilling. Program Overview. Paubacken: 1,181 meters ("m") in 71 BoT drill holes were completed at the Aida zone. These holes were designed to systematically test prospective structural corridors at the Aida target to define additional drill targets and increase the footprint size of anomalous 2021 and 2022 results. Logging of drill chips and assays of samples is underway. In addition, 3,050 regional B Horizon (below topsoil) till samples were collected covering 1,350 hectares ("ha") over a 12 kilometer ("km") strike length of the northern extent of the first order Gold Line Belt structural corridor and associated second-order structures within the Paubacken exploration permit. Results are pending. Storjuktan: 4,357 regional B Horizon samples covering approximately 2,000 ha over multiple untested structural corridors within the central portion of the 25,000 ha Storjuktan project area were completed to identify additional areas of hydrothermal anomalism and assess regional upside. Results are pending. BoT sampling: Two BoT samples from directly above the till bedrock interface and two bedrock samples within the top of bedrock are collected for all drill holes. All samples are screened with X-ray fluorescence ("XRF") and analysed using a multi-element suite at MSALABS in Storuman, Sweden. Glacial till geochemical sampling: All samples are collected from the glacial till-derived B Horizon soil layer and screened using handheld XRF for pathfinder elements. The sampling density was very high, every 20 m on 100 m spaced lines. Anomalous areas identified will be tested for gold ("Au") at an external laboratory in Fourth Quarter 2023. Paubacken 2023 Exploration Program. The 2023 exploration program at Aida was designed to step out on known mineralization and identify additional areas of hydrother mal alteration and mineralization along the structural corridor and develop additional targets for follow up. Follow up drilling in 2022 included 14.6 m of 2.5 g/t Au starting at 142 m depth in AID-2022-001 along the structure, 50 m down drip from the initial intercept. In addition, a regional till sampling survey was completed over the northern portion of the project area. The survey focused on the northern extension of the regional Gold Line first order structure corridor and associated second order splay structures within the Paubackan permit area. In total 3,050 regional B Horizon soil samples were collected covering 1, 350 ha over a 12 km strike length of the regional structural corridor. The objective of the program was to identify additional zones of anomalous hydrothermal alteration within the larger Paubacken project area for follow up investigation. The Paubacken Project consists of 3 licenses totaling 17,097 ha that cover the central part of an emerging district in north central Sweden known as the "Gold Line Belt". The Gold Line Belt is host to several significant gold deposits, including gold deposits, including gold and gold deposits. The Gold Line Belt is host of several significant gold deposits, including the gold deposits, including gold.공시 • Sep 10Gold Line Resources Ltd. Announces CEO ChangesGold Line Resources Ltd. announced the appointment of Mr. Taj Singh as CEO of the Company. Mr. Singh's appointment is effective immediately and will be supported by outgoing CEO Adam Cegielski who will continue to serve on the Company's Board of Directors. Mr. Singh brings over 22 years of mining and resources industry experience, including roles as founding President and CEO of publicly listed companies NOA Lithium Brines Inc. and Discovery Silver Corp. With over 22 years of global mining experience, Mr. Singh has demonstrated his capabilities in both the operational and business aspects of mining. Most recently Singh was founding President and CEO of NOA Lithium Brines Inc. ("NOA") and he still currently acts as a Strategic Advisor. During Singh's time leading NOA, it advanced significantly, with opportunistic asset acquisitions as a private company, completion of its reverse-takeover and going-public transaction, successful funding rounds, and substantial exploration success; the company rapidly emerged as a premier lithium explorer in the prolific Argentine lithium district. Prior to NOA, Singh spent five years as founding President and CEO of Mexico-focused Discovery Silver Corp. ("Discovery") leading its tremendous growth. For four years, starting at the time of its 2016 go-public, Singh also served as Director and Lead Independent Director of the board of GT Gold Corp. which was subsequently acquired by Newmont Corporation for approximately $400 million. Other roles during Mr. Singh's career include Vice-President Business Development for Mexican gold producer Timmins Gold Corp. (since acquired by Argonaut Gold Inc.), Mining Equity Research Analyst at Macquarie Capital Markets, and over 10 years working in various operations, engineering and project development roles for major diversified miners Inco Limited and Vale Limited. Mr. Singh is a Professional Engineer (P.Eng), a Chartered Professional Accountant (CPA), a Certified Management Accountant (CMA), and holds a Bachelor of Engineering degree (Metallurgy /Minerals Processing) and a Master of Engineering degree (Metallurgy).공시 • Sep 09Gold Line Resources Ltd. Announces Management ChangesGold Line Resources Ltd. announced the appointment of Mr. Taj Singh as a President and Director of the Company. Mr. Singh's appointment is effective immediately and will be supported by outgoing CEO Adam Cegielski who will continue to serve on the Company's Board of Directors. Mr. Singh brings over 22 years of mining and resources industry experience, including roles as founding President and CEO of publicly listed companies NOA Lithium Brines Inc. and Discovery Silver Corp. With over 22 years of global mining experience, Mr. Singh has demonstrated his capabilities in both the operational and business aspects of mining. Most recently Singh was founding President and CEO of NOA Lithium Brines Inc. (NOA) and he still currently acts as a Strategic Advisor. During Singh's time leading NOA, it advanced significantly, with opportunistic asset acquisitions as a private company, completion of its reverse-takeover and going-public transaction, successful funding rounds, and substantial exploration success; the company rapidly emerged as a premier lithium explorer in the prolific Argentine lithium district. Prior to NOA, Singh spent five years as founding President and CEO of Mexico-focused Discovery Silver Corp. ("Discovery") leading its tremendous growth. For four years, starting at the time of its 2016 go-public, Singh also served as Director and Lead Independent Director of the board of GT Gold Corp. which was subsequently acquired by Newmont Corporation for approximately $400 million. Other roles during Mr. Singh's career include Vice-President Business Development for Mexican gold producer Timmins Gold Corp. (since acquired by Argonaut Gold Inc.), Mining Equity Research Analyst at Macquarie Capital Markets, and over 10 years working in various operations, engineering and project development roles for major diversified miners Inco Limited and Vale Limited. Mr. Singh is a Professional Engineer (P.Eng), a Chartered Professional Accountant (CPA), a Certified Management Accountant (CMA), and holds a Bachelor of Engineering degree (Metallurgy /Minerals Processing) and a Master of Engineering degree (Metallurgy).New Risk • Sep 03New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.5m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (154% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€2.00m market cap, or US$2.15m).공시 • May 06Gold Line Resources Ltd. Announces Resignation of Gregory McCunn from the Board of DirectorsGold Line Resources Ltd. announced that Gregory McCunn has resigned from the board of directors of the Company effective immediately, and the Board has accepted his resignation.공시 • Feb 02+ 1 more updateGold Line Resources Ltd. Appoints Aaron Triplett as Corporate SecretaryGold Line Resources Ltd. announced that the directors of the Company have appointed Aaron Triplett, CPA, CA as Corporate Secretary of the Company effective January 30, 2023. Mr. Triplett is a Chartered Professional Accountant (CPA, CA), and has accumulated over 15 years experience in the field of financial management and accounting, specializing in forecasting, compliance and risk management, and the development and monitoring of control systems. Mr. Triplett's experience includes acting as CFO for various operating public companies listed on the TSX Venture Exchange and Canadian Securities Exchange. Prior to his work with public companies, Mr. Triplett was an audit and assurance manager for a mid-size public accounting firm.Board Change • Nov 16High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. Independent Director Joel Shacker is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Apr 28High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Independent Director Joel Shacker is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Is New 90 Day High Low • Feb 09New 90-day high: €0.30The company is up 37% from its price of €0.22 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 57% over the same period.주주 수익률4UZADE Metals and MiningDE 시장7D-15.8%5.7%1.6%1Y-34.0%86.6%2.2%전체 주주 수익률 보기수익률 대 산업: 4UZA은 지난 1년 동안 86.6%의 수익을 기록한 German Metals and Mining 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 4UZA은 지난 1년 동안 2.2%를 기록한 German 시장보다 저조한 성과를 냈습니다.주가 변동성Is 4UZA's price volatile compared to industry and market?4UZA volatility4UZA Average Weekly Movement18.5%Metals and Mining Industry Average Movement10.6%Market Average Movement6.0%10% most volatile stocks in DE Market13.2%10% least volatile stocks in DE Market2.7%안정적인 주가: 4UZA의 주가는 지난 3개월 동안 German 시장보다 변동성이 컸습니다.시간에 따른 변동성: 4UZA의 주간 변동성(18%)은 지난 1년 동안 안정적이었지만 German 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트1984n/aTaj Singhgoldlineresources.com더 보기Gold Line Resources Ltd. 기초 지표 요약Gold Line Resources의 순이익과 매출은 시가총액과 어떻게 비교됩니까?4UZA 기초 통계시가총액€2.42m순이익 (TTM)-€1.53m매출 (TTM)n/a0.0x주가매출비율(P/S)-1.6x주가수익비율(P/E)4UZA는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표4UZA 손익계산서 (TTM)매출CA$0매출원가CA$0총이익CA$0기타 비용CA$2.25m순이익-CA$2.25m최근 보고된 실적Sep 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-0.048총이익률0.00%순이익률0.00%부채/자본 비율0.8%4UZA의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/02/27 17:51종가2024/02/27 00:00수익2023/09/30연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Gold Line Resources Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Feb 27Barsele Minerals Corp. (TSXV:BME) completed the acquisition of Gold Line Resources Ltd. (TSXV:GLDL) for CAD 5.93 million.Barsele Minerals Corp. (TSXV:BME) signed a letter of intent to acquire Gold Line Resources Ltd. (TSXV:GLDL) on November 9, 2023. Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 5.93 million on December 12, 2023. Under the terms of the transaction, Barsele will acquire all of the issued and outstanding common shares of Gold Line, and the holders of the issued and outstanding Gold Line Shares will receive 0.7382 of a Barsele Share for each Gold Line Share. Post completion, shareholders of Barsele will own 80% and Gold Line shareholders will own 20% in the resulting issuer. In connection with the Transaction, Barsele proposes to undertake the Concurrent Price Placement to raise aggregate proceeds of approximately CAD 1 million through the sale of up to 6,700,000 subscription receipts of Barsele for CAD 0.15 per Subscription Receipt. The proceeds from the private placement will be used to fund exploration programs across the combined portfolio of the Resulting Issuer, costs related to the proposed Transaction, and for working capital and general corporate purposes. In connection with the completion of the Transaction, the Gold Line Shares will be de-listed from the TSXV, and following closing, Gold Line will make an application to cease to be a reporting issuer under Canadian securities laws. Under certain circumstances, if the Arrangement Agreement is terminated, Barsele would be entitled to a termination fee of CAD 400,000. The board of directors of the Resulting Issuer will comprised of five directors, including two nominees of Gold Line and three nominees of Barsele. Taj Singh will assume the role as President, Chief Executive Officer, and Director, will lead the combined management and project team of the Resulting Issuer. Benjamin Gelber of Gold Line will assume the role of Vice President, Exploration. The Resulting Issuer Board is expected to be made up of Gold Line directors Toby Pierce (Non-executive Chair) and Taj Singh and Barsele directors Gary Cope and Ross Wilmot, as well as new incumbent Marc Legault. The transaction is subject to the approval of the Gold Line shareholders, approval of the TSX, issuance of a final order by the British Columbia Supreme Court, and completion of the Concurrent Private Placement. The board of directors of Barsele and Gold Line has unanimously approved the transaction and is expected to close in February 2024. As of February 15, 2024, the transaction has been approved by the shareholders of Gold Line and is expected to be completed on or about February 23, 2024. The hearing for the final order of the Supreme Court of British Columbia to approve the Arrangement is scheduled to take place on February 20, 2024.PI Financial Corp. is acting as a financial advisor as well as a fairness opinion provider to Gold Line. Victor Gerchikov of Stikeman Elliott LLP is acting as legal counsel to Barsele and Sam Cole of Cassels Brock & Blackwell LLP is acting as legal counsel to Gold Line. Computershare Trust Company of Canada acted as registrar and transfer agent to Gold Line. Davidson and Company LLP acted as GLDL’s auditor in the transaction. Computershare Investor Services Inc. acted as depositary to Gold Line. As of February 20, 2024, the Supreme Court of British Columbia granted a final order in respect of the proposed arrangement. Barsele Minerals Corp. (TSXV:BME) completed the acquisition of Gold Line Resources Ltd. (TSXV:GLDL) on February 26, 2024.
공시 • Dec 14Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 6.6 million.Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 6.6 million on December 12, 2023. Under the terms of the transaction, Barsele will acquire all of the issued and outstanding common shares of Gold Line, and the holders of the issued and outstanding Gold Line Shares will receive 0.7382 of a Barsele Share for each Gold Line Share. Post completion, shareholders of Barsele will own 80% and Gold Line shareholders will own 20% in the resulting issuer. In connection with the Transaction, Barsele proposes to undertake the Concurrent Price Placement to raise aggregate proceeds of approximately CAD 1 million through the sale of up to 6,700,000 subscription receipts of Barsele for CAD 0.15 per Subscription Receipt. The proceeds from the private placement will be used to fund exploration programs across the combined portfolio of the Resulting Issuer, costs related to the proposed Transaction, and for working capital and general corporate purposes. In connection with the completion of the Transaction, the Gold Line Shares will be de-listed from the TSXV, and following closing, Gold Line will make an application to cease to be a reporting issuer under Canadian securities laws. Under certain circumstances, if the Arrangement Agreement is terminated, Barsele would be entitled to a termination fee of CAD 400,000. The board of directors of the Resulting Issuer will comprised of five directors, including two nominees of Gold Line and three nominees of Barsele. Taj Singh will assume the role as President, Chief Executive Officer, and Director, will lead the combined management and project team of the Resulting Issuer. Benjamin Gelber of Gold Line will assume the role of Vice President, Exploration. The Resulting Issuer Board is expected to be made up of Gold Line directors Toby Pierce (Non-executive Chair) and Taj Singh and Barsele directors Gary Cope and Ross Wilmot, as well as new incumbent Marc Legault. The transaction is subject to the approval of the Gold Line shareholders, approval of the TSX, issuance of a final order by the British Columbia Supreme Court, and completion of the Concurrent Private Placement. The board of directors of Barsele and Gold Line has unanimously approved the transaction and is expected to close in February 2024. PI Financial Corp. is acting as a financial advisor as well as a fairness opinion provider to Gold Line. Stikeman Elliott LLP is acting as legal counsel to Barsele and Cassels Brock & Blackwell LLP is acting as legal counsel to Gold Line.
New Risk • Oct 30New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 76% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.06m market cap, or US$3.24m).
공시 • Oct 07Gold Line Resources Ltd., Annual General Meeting, Dec 14, 2023Gold Line Resources Ltd., Annual General Meeting, Dec 14, 2023.
공시 • Sep 27Gold Line Resources Ltd Appoints Gernot Wober to Its Advisory BoardGold Line Resources Ltd. announced that Mr. Gernot Wober has been appointed to the Company's Advisory Board. Mr. Wober is a professional geologist (P. Geo.) and has over 32 years of international resource exploration experience. Mr. Wober is currently VP Exploration for Discovery Silver Corp. where he started in 2018, and in 2019 identified the Cordero silver deposit in Chihuahua, Mexico for acquisition. Previously, he served as VP Exploration, Canada, at Osisko Mining Inc. ("Osisko"), during which time he took part in several key mergers and acquisitions and led the team through the advancement of the Windfall gold deposit and the discovery of the new Lynx Zone. Other roles Mr. Wober has held include VP Exploration for Oban Mining Corporation, Director Of Site Operations for the Pebble project in Alaska with the Pebble Limited Partnership, VP Exploration for Great Basin Gold Ltd., and various exploration roles with Chevron Canada Resources Limited, Noranda Exploration Company Limited, and Taseko Mines Limited.
공시 • Sep 22Gold Line Resources Ltd. announced that it expects to receive CAD 2 million in fundingGold Line Resources Ltd. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.10 per unit for proceeds of up to CAD 2,000,000 on September 21, 2023. Each unit will consist of one common share and one-half of one share purchase warrant. Each full warrant will entitle the holder to purchase one common share at a price of CAD 0.20 per common share for a period of twenty-four months from the date of issuance. As a part of the transaction, The company will pay a finder's fee of 6% on the gross proceeds of the transaction. All securities issued under the financing are subject to TSX Venture Exchange approval will be subject to a four month and one day hold period after the date of closing.
공시 • Feb 27Barsele Minerals Corp. (TSXV:BME) completed the acquisition of Gold Line Resources Ltd. (TSXV:GLDL) for CAD 5.93 million.Barsele Minerals Corp. (TSXV:BME) signed a letter of intent to acquire Gold Line Resources Ltd. (TSXV:GLDL) on November 9, 2023. Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 5.93 million on December 12, 2023. Under the terms of the transaction, Barsele will acquire all of the issued and outstanding common shares of Gold Line, and the holders of the issued and outstanding Gold Line Shares will receive 0.7382 of a Barsele Share for each Gold Line Share. Post completion, shareholders of Barsele will own 80% and Gold Line shareholders will own 20% in the resulting issuer. In connection with the Transaction, Barsele proposes to undertake the Concurrent Price Placement to raise aggregate proceeds of approximately CAD 1 million through the sale of up to 6,700,000 subscription receipts of Barsele for CAD 0.15 per Subscription Receipt. The proceeds from the private placement will be used to fund exploration programs across the combined portfolio of the Resulting Issuer, costs related to the proposed Transaction, and for working capital and general corporate purposes. In connection with the completion of the Transaction, the Gold Line Shares will be de-listed from the TSXV, and following closing, Gold Line will make an application to cease to be a reporting issuer under Canadian securities laws. Under certain circumstances, if the Arrangement Agreement is terminated, Barsele would be entitled to a termination fee of CAD 400,000. The board of directors of the Resulting Issuer will comprised of five directors, including two nominees of Gold Line and three nominees of Barsele. Taj Singh will assume the role as President, Chief Executive Officer, and Director, will lead the combined management and project team of the Resulting Issuer. Benjamin Gelber of Gold Line will assume the role of Vice President, Exploration. The Resulting Issuer Board is expected to be made up of Gold Line directors Toby Pierce (Non-executive Chair) and Taj Singh and Barsele directors Gary Cope and Ross Wilmot, as well as new incumbent Marc Legault. The transaction is subject to the approval of the Gold Line shareholders, approval of the TSX, issuance of a final order by the British Columbia Supreme Court, and completion of the Concurrent Private Placement. The board of directors of Barsele and Gold Line has unanimously approved the transaction and is expected to close in February 2024. As of February 15, 2024, the transaction has been approved by the shareholders of Gold Line and is expected to be completed on or about February 23, 2024. The hearing for the final order of the Supreme Court of British Columbia to approve the Arrangement is scheduled to take place on February 20, 2024.PI Financial Corp. is acting as a financial advisor as well as a fairness opinion provider to Gold Line. Victor Gerchikov of Stikeman Elliott LLP is acting as legal counsel to Barsele and Sam Cole of Cassels Brock & Blackwell LLP is acting as legal counsel to Gold Line. Computershare Trust Company of Canada acted as registrar and transfer agent to Gold Line. Davidson and Company LLP acted as GLDL’s auditor in the transaction. Computershare Investor Services Inc. acted as depositary to Gold Line. As of February 20, 2024, the Supreme Court of British Columbia granted a final order in respect of the proposed arrangement. Barsele Minerals Corp. (TSXV:BME) completed the acquisition of Gold Line Resources Ltd. (TSXV:GLDL) on February 26, 2024.
공시 • Dec 14Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 6.6 million.Barsele Minerals Corp. (TSXV:BME) entered into an arrangement agreement to acquire Gold Line Resources Ltd. (TSXV:GLDL) for CAD 6.6 million on December 12, 2023. Under the terms of the transaction, Barsele will acquire all of the issued and outstanding common shares of Gold Line, and the holders of the issued and outstanding Gold Line Shares will receive 0.7382 of a Barsele Share for each Gold Line Share. Post completion, shareholders of Barsele will own 80% and Gold Line shareholders will own 20% in the resulting issuer. In connection with the Transaction, Barsele proposes to undertake the Concurrent Price Placement to raise aggregate proceeds of approximately CAD 1 million through the sale of up to 6,700,000 subscription receipts of Barsele for CAD 0.15 per Subscription Receipt. The proceeds from the private placement will be used to fund exploration programs across the combined portfolio of the Resulting Issuer, costs related to the proposed Transaction, and for working capital and general corporate purposes. In connection with the completion of the Transaction, the Gold Line Shares will be de-listed from the TSXV, and following closing, Gold Line will make an application to cease to be a reporting issuer under Canadian securities laws. Under certain circumstances, if the Arrangement Agreement is terminated, Barsele would be entitled to a termination fee of CAD 400,000. The board of directors of the Resulting Issuer will comprised of five directors, including two nominees of Gold Line and three nominees of Barsele. Taj Singh will assume the role as President, Chief Executive Officer, and Director, will lead the combined management and project team of the Resulting Issuer. Benjamin Gelber of Gold Line will assume the role of Vice President, Exploration. The Resulting Issuer Board is expected to be made up of Gold Line directors Toby Pierce (Non-executive Chair) and Taj Singh and Barsele directors Gary Cope and Ross Wilmot, as well as new incumbent Marc Legault. The transaction is subject to the approval of the Gold Line shareholders, approval of the TSX, issuance of a final order by the British Columbia Supreme Court, and completion of the Concurrent Private Placement. The board of directors of Barsele and Gold Line has unanimously approved the transaction and is expected to close in February 2024. PI Financial Corp. is acting as a financial advisor as well as a fairness opinion provider to Gold Line. Stikeman Elliott LLP is acting as legal counsel to Barsele and Cassels Brock & Blackwell LLP is acting as legal counsel to Gold Line.
New Risk • Oct 30New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 76% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.06m market cap, or US$3.24m).
공시 • Oct 07Gold Line Resources Ltd., Annual General Meeting, Dec 14, 2023Gold Line Resources Ltd., Annual General Meeting, Dec 14, 2023.
공시 • Sep 27Gold Line Resources Ltd Appoints Gernot Wober to Its Advisory BoardGold Line Resources Ltd. announced that Mr. Gernot Wober has been appointed to the Company's Advisory Board. Mr. Wober is a professional geologist (P. Geo.) and has over 32 years of international resource exploration experience. Mr. Wober is currently VP Exploration for Discovery Silver Corp. where he started in 2018, and in 2019 identified the Cordero silver deposit in Chihuahua, Mexico for acquisition. Previously, he served as VP Exploration, Canada, at Osisko Mining Inc. ("Osisko"), during which time he took part in several key mergers and acquisitions and led the team through the advancement of the Windfall gold deposit and the discovery of the new Lynx Zone. Other roles Mr. Wober has held include VP Exploration for Oban Mining Corporation, Director Of Site Operations for the Pebble project in Alaska with the Pebble Limited Partnership, VP Exploration for Great Basin Gold Ltd., and various exploration roles with Chevron Canada Resources Limited, Noranda Exploration Company Limited, and Taseko Mines Limited.
공시 • Sep 22Gold Line Resources Ltd. announced that it expects to receive CAD 2 million in fundingGold Line Resources Ltd. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.10 per unit for proceeds of up to CAD 2,000,000 on September 21, 2023. Each unit will consist of one common share and one-half of one share purchase warrant. Each full warrant will entitle the holder to purchase one common share at a price of CAD 0.20 per common share for a period of twenty-four months from the date of issuance. As a part of the transaction, The company will pay a finder's fee of 6% on the gross proceeds of the transaction. All securities issued under the financing are subject to TSX Venture Exchange approval will be subject to a four month and one day hold period after the date of closing.
공시 • Sep 21Gold Line Resources Ltd. Provides an Update on Exploration Activities on Its 100%-Owned Paubacken and Storjuktan Projects Located in the Gold Line Belt, Northern SwedenGold Line Resources Ltd. provided an update on exploration activities on its 100%-owned Paubacken and Storjuktan projects located in the Gold Line Belt, northern Sweden. The summer 2023 exploration was designed to progress existing targets and identify additional targets through execution of systematic exploration programs consisting of regional till sampling and base-of-till /top of bedrock drilling. Program Overview. Paubacken: 1,181 meters ("m") in 71 BoT drill holes were completed at the Aida zone. These holes were designed to systematically test prospective structural corridors at the Aida target to define additional drill targets and increase the footprint size of anomalous 2021 and 2022 results. Logging of drill chips and assays of samples is underway. In addition, 3,050 regional B Horizon (below topsoil) till samples were collected covering 1,350 hectares ("ha") over a 12 kilometer ("km") strike length of the northern extent of the first order Gold Line Belt structural corridor and associated second-order structures within the Paubacken exploration permit. Results are pending. Storjuktan: 4,357 regional B Horizon samples covering approximately 2,000 ha over multiple untested structural corridors within the central portion of the 25,000 ha Storjuktan project area were completed to identify additional areas of hydrothermal anomalism and assess regional upside. Results are pending. BoT sampling: Two BoT samples from directly above the till bedrock interface and two bedrock samples within the top of bedrock are collected for all drill holes. All samples are screened with X-ray fluorescence ("XRF") and analysed using a multi-element suite at MSALABS in Storuman, Sweden. Glacial till geochemical sampling: All samples are collected from the glacial till-derived B Horizon soil layer and screened using handheld XRF for pathfinder elements. The sampling density was very high, every 20 m on 100 m spaced lines. Anomalous areas identified will be tested for gold ("Au") at an external laboratory in Fourth Quarter 2023. Paubacken 2023 Exploration Program. The 2023 exploration program at Aida was designed to step out on known mineralization and identify additional areas of hydrother mal alteration and mineralization along the structural corridor and develop additional targets for follow up. Follow up drilling in 2022 included 14.6 m of 2.5 g/t Au starting at 142 m depth in AID-2022-001 along the structure, 50 m down drip from the initial intercept. In addition, a regional till sampling survey was completed over the northern portion of the project area. The survey focused on the northern extension of the regional Gold Line first order structure corridor and associated second order splay structures within the Paubackan permit area. In total 3,050 regional B Horizon soil samples were collected covering 1, 350 ha over a 12 km strike length of the regional structural corridor. The objective of the program was to identify additional zones of anomalous hydrothermal alteration within the larger Paubacken project area for follow up investigation. The Paubacken Project consists of 3 licenses totaling 17,097 ha that cover the central part of an emerging district in north central Sweden known as the "Gold Line Belt". The Gold Line Belt is host to several significant gold deposits, including gold deposits, including gold and gold deposits. The Gold Line Belt is host of several significant gold deposits, including the gold deposits, including gold.
공시 • Sep 10Gold Line Resources Ltd. Announces CEO ChangesGold Line Resources Ltd. announced the appointment of Mr. Taj Singh as CEO of the Company. Mr. Singh's appointment is effective immediately and will be supported by outgoing CEO Adam Cegielski who will continue to serve on the Company's Board of Directors. Mr. Singh brings over 22 years of mining and resources industry experience, including roles as founding President and CEO of publicly listed companies NOA Lithium Brines Inc. and Discovery Silver Corp. With over 22 years of global mining experience, Mr. Singh has demonstrated his capabilities in both the operational and business aspects of mining. Most recently Singh was founding President and CEO of NOA Lithium Brines Inc. ("NOA") and he still currently acts as a Strategic Advisor. During Singh's time leading NOA, it advanced significantly, with opportunistic asset acquisitions as a private company, completion of its reverse-takeover and going-public transaction, successful funding rounds, and substantial exploration success; the company rapidly emerged as a premier lithium explorer in the prolific Argentine lithium district. Prior to NOA, Singh spent five years as founding President and CEO of Mexico-focused Discovery Silver Corp. ("Discovery") leading its tremendous growth. For four years, starting at the time of its 2016 go-public, Singh also served as Director and Lead Independent Director of the board of GT Gold Corp. which was subsequently acquired by Newmont Corporation for approximately $400 million. Other roles during Mr. Singh's career include Vice-President Business Development for Mexican gold producer Timmins Gold Corp. (since acquired by Argonaut Gold Inc.), Mining Equity Research Analyst at Macquarie Capital Markets, and over 10 years working in various operations, engineering and project development roles for major diversified miners Inco Limited and Vale Limited. Mr. Singh is a Professional Engineer (P.Eng), a Chartered Professional Accountant (CPA), a Certified Management Accountant (CMA), and holds a Bachelor of Engineering degree (Metallurgy /Minerals Processing) and a Master of Engineering degree (Metallurgy).
공시 • Sep 09Gold Line Resources Ltd. Announces Management ChangesGold Line Resources Ltd. announced the appointment of Mr. Taj Singh as a President and Director of the Company. Mr. Singh's appointment is effective immediately and will be supported by outgoing CEO Adam Cegielski who will continue to serve on the Company's Board of Directors. Mr. Singh brings over 22 years of mining and resources industry experience, including roles as founding President and CEO of publicly listed companies NOA Lithium Brines Inc. and Discovery Silver Corp. With over 22 years of global mining experience, Mr. Singh has demonstrated his capabilities in both the operational and business aspects of mining. Most recently Singh was founding President and CEO of NOA Lithium Brines Inc. (NOA) and he still currently acts as a Strategic Advisor. During Singh's time leading NOA, it advanced significantly, with opportunistic asset acquisitions as a private company, completion of its reverse-takeover and going-public transaction, successful funding rounds, and substantial exploration success; the company rapidly emerged as a premier lithium explorer in the prolific Argentine lithium district. Prior to NOA, Singh spent five years as founding President and CEO of Mexico-focused Discovery Silver Corp. ("Discovery") leading its tremendous growth. For four years, starting at the time of its 2016 go-public, Singh also served as Director and Lead Independent Director of the board of GT Gold Corp. which was subsequently acquired by Newmont Corporation for approximately $400 million. Other roles during Mr. Singh's career include Vice-President Business Development for Mexican gold producer Timmins Gold Corp. (since acquired by Argonaut Gold Inc.), Mining Equity Research Analyst at Macquarie Capital Markets, and over 10 years working in various operations, engineering and project development roles for major diversified miners Inco Limited and Vale Limited. Mr. Singh is a Professional Engineer (P.Eng), a Chartered Professional Accountant (CPA), a Certified Management Accountant (CMA), and holds a Bachelor of Engineering degree (Metallurgy /Minerals Processing) and a Master of Engineering degree (Metallurgy).
New Risk • Sep 03New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.5m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (154% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€2.00m market cap, or US$2.15m).
공시 • May 06Gold Line Resources Ltd. Announces Resignation of Gregory McCunn from the Board of DirectorsGold Line Resources Ltd. announced that Gregory McCunn has resigned from the board of directors of the Company effective immediately, and the Board has accepted his resignation.
공시 • Feb 02+ 1 more updateGold Line Resources Ltd. Appoints Aaron Triplett as Corporate SecretaryGold Line Resources Ltd. announced that the directors of the Company have appointed Aaron Triplett, CPA, CA as Corporate Secretary of the Company effective January 30, 2023. Mr. Triplett is a Chartered Professional Accountant (CPA, CA), and has accumulated over 15 years experience in the field of financial management and accounting, specializing in forecasting, compliance and risk management, and the development and monitoring of control systems. Mr. Triplett's experience includes acting as CFO for various operating public companies listed on the TSX Venture Exchange and Canadian Securities Exchange. Prior to his work with public companies, Mr. Triplett was an audit and assurance manager for a mid-size public accounting firm.
Board Change • Nov 16High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. Independent Director Joel Shacker is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Apr 28High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Independent Director Joel Shacker is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Is New 90 Day High Low • Feb 09New 90-day high: €0.30The company is up 37% from its price of €0.22 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 57% over the same period.
