Pasinex Resources Ltd. today reports the Company’s financial and operating results for the three and six months ended June 30, 2020. Andrew Gottwald, Chief Financial Officer of Pasinex, commented, “The second quarter financial results are consistent with the past few quarters, but have stabilized from a cash flow perspective, primarily due to continued support through shareholder loans. There were positive developments at [...]
Pasinex Resources Ltd. previously announced that due to logistics and delays caused by the COVID-19 pandemic, the Company was relying on the British Columbia Securities Commission’s blanket order BCI 51-517 to postpone the filing of its second quarter financial statements and management’s discussion and analysis for the three and six months ended June 30, 2020. In response to the COVID-19 pandemic, the Commission and [...]
Pasinex Resources Ltd. today reports the resignation of Steven Williams as President, Chief Executive Officer and Director of Pasinex as well as an Officer and Director of all of its subsidiary companies. Steven Williams has decided to concentrate his expertise in the direction of mineral processing consulting services in the future, and we wish him well in his future endeavours. Steven was the founder of Pasinex and led [...]
Pasinex Resources Ltd. today announced that due to logistics and delays caused by the COVID-19 pandemic, the Company is relying on the British Columbia Securities Commission’s blanket order BCI 51-517 to postpone the filing of its second quarter financial statements and management’s discussion and analysis for the three and six months ended June 30, 2020. In response to the COVID-19 pandemic, the Commission and other [...]
Pasinex Resources Ltd. today reports the Company’s financial and operating results for the three months ended March 31, 2020. Steve Williams, President and CEO of Pasinex, commented, “The first quarter financial results continue to reflect the difficult times that Pasinex is going through as a consequence of significant impairment costs and virtually no dividend payment received from our Turkey joint venture in this [...]
Pasinex Resources Ltd. previously announced that due to logistics and delays caused by the COVID-19 pandemic, the Company was relying on the British Columbia Securities Commission’s blanket order BCI 51-515 to postpone the filing of its financial statements and management’s discussion and analysis for the three months ended March 31, 2020 . In response to the COVID-19 pandemic, the Commission and other securities [...]
Pasinex Resources Ltd. today reports the Company’s financial and operating results for the three months and year ended December 31, 2019. Steve Williams, President and CEO of Pasinex, commented, “Pasinex had a difficult year in 2019 due to problems associated with the failure to receive any significant payment against the loan receivable that our Turkish joint venture business, Horzum AS, has with our Turkish joint [...]
Pasinex Resources Ltd. previously announced that due to logistics and delays caused by the COVID-19 pandemic, the Company was relying on the British Columbia Securities Commission’s blanket order BCI 51-515 to postpone the filing of its annual financial statements and management’s discussion and analysis for the year ended December 31, 2019. In addition to this delay, the Company will rely on the Commission’s blanket [...]
Pasinex Resources Ltd. previously announced that due to logistics and delays caused by the COVID-19 pandemic, the Company was relying on the British Columbia Securities Commission’s blanket order BCI 51-515 to postpone the filing of its annual financial statements and management’s discussion and analysis for the year ended December 31, 2019. In response to the COVID-19 pandemic, the Commission and other securities [...]
Pasinex Resources Ltd. today announced that due to logistics and delays caused by the COVID-19 pandemic, the Company is relying on the British Columbia Securities Commission’s blanket order BCI 51-515 to postpone the filing of its annual financial statements and management’s discussion and analysis for the year ended December 31, 2019. In response to the COVID-19 pandemic, the Commission and other securities regulatory [...]
Pasinex Resources Ltd. today announced that they have approved the issuance of 1,500,000 incentive stock options of the Company to Chief Financial Officer, Mr. Andrew Gottwald. The options are exercisable at a price of $0.04 per share for a period of two years from the issue date of February 11, 2020. Steve Williams, President and CEO of Pasinex, commented, “I am very pleased that Mr. Gottwald is our CFO as he [...]
Pasinex Resources Ltd. today reported financial results for the third quarter of 2019. As expected, production from Horzum AS was lower than the prior year and combined with lower realized zinc prices in 2019, consolidated net income was lower than it was 2018. Adjusted consolidated net income for the nine months ended September 30, 2019, was approximately $2.5 million. Consolidated net loss for the nine months ended was [...]
