Last $0.02 USD
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Volume 15.5K
As of 5:20 PM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

double crown resources inc (DDCC) Snapshot

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52 Week High
11/4/13 - $0.05
52 Week Low
02/20/14 - $0.0081
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double crown resources inc (DDCC) Details

Double Crown Resources, Inc. operates as a natural resource exploration and development company in Canada. It has a 100% interest in the Bateman gold and nickel prospect that consists of 136 claim units covering a series of nickel-colbalt-gold-platinum group element prospects and is located to the northwest of Thunder Bay, Ontario. The company was formerly known as Denarii Resources Inc. and changed its name to Double Crown Resources Inc. in November 2011. Double Crown Resources, Inc. was founded in 2006 and is headquartered in Henderson, Nevada.

4 Employees
Last Reported Date: 04/11/14
Founded in 2006

double crown resources inc (DDCC) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: --
President and Director
Total Annual Compensation: --
Chief Operating Officer and Director
Total Annual Compensation: $15.0K
Secretary and Treasurer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

double crown resources inc (DDCC) Key Developments

Double Crown Resources Signs Contract for Exclusive Rights to Major Source of Highest Grade Barite, Located in Guatemala

Double Crown Resources Inc. announced that a formal contract has been signed granting the company exclusive rights to all barite ore from the Bilojom II mine in Guatemala. Barite (barium sulfate) is used as a key weighting agent in modern oilfield extraction methods by both on-shore and off-shore drillers throughout the world. With barite export operations planned to begin by the 3rd quarter of 2014, the benefits to everyone involved with Double Crown, and all the local operations in Guatemala, are expected in the very near term.

Double Crown Resources Signs 8 Year Agreement for High Grade Barite from China

Double Crown Resources Inc. signed a new, 8 year Master Purchase Agreement (MPA) with a strategic mineral mining company in China for monthly shipments of high grade barite. This agreement will provide Double Crown with 30,000 metric tons of high grade barite per month (market value approximately $5.5 million per monthly shipment). The MPA was negotiated and signed to procure product for a long-term oilfield service contract with a major petroleum drilling company now in late stage development and near finalization. The barite product from this Chinese mining source has been fully tested and verified to meet or exceed petroleum grade API standards. Processed barite is a key mineral commodity with growing market demand for use in off-shore petroleum drilling operations. Double Crown's Chief Operating Officer Antonio B. Castillo traveled to China for the purpose of negotiating and signing the 8 year MPA for this valuable source of high grade barite.

Double Crown Resources Inc. announced delayed annual 10-K filing

On 03/31/2014, Double Crown Resources Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.


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