Last C$0.0050 CAD
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As of 9:51 AM 04/14/14 All times are local (Market data is delayed by at least 15 minutes).

duncan park hldgs corp (DPH) Snapshot

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09/6/13 - C$0.02
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04/25/13 - C$0.0050
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duncan park hldgs corp (DPH) Details

Duncan Park Holdings Corporation engages in the exploration of gold and other precious metals in Canada. It has the right to earn a 75% interest in the Dome property and a 100% interest in the McManus property located in the Red Lake mining district of Ontario, Canada. The company is based in Toronto, Canada.

duncan park hldgs corp (DPH) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$25.0K
Chief Financial Officer and Secretary
Total Annual Compensation: C$38.1K
Compensation as of Fiscal Year 2012.

duncan park hldgs corp (DPH) Key Developments

Duncan Park Holdings Corporation Enters into Loan Agreement

Duncan Park Holdings Corporation announced that it has entered into an unsecured term loan agreement to borrow $35,000 from a non-arm's length party (the Loan). The Loan bears an interest rate of 5% per annum, calculated annually and is due and payable on December 15, 2015.

Sphere Resources Inc Enter into Joint Venture Agreement with Duncan Park Holdings Corporation

Sphere Resources Inc. has entered into a joint venture agreement with Duncan Park Holdings Corporation with respect to the Dome property in Ontario's Red Lake Gold District. The option agreement previously entered into with DPHC with respect to the Dome property contemplated that the parties would enter into a joint venture agreement, with respect to future exploration on the Property, following the earn-in date. DPHC has earned a 75% interest in the property with the company retaining the balance. DPHC will be the operator of the project under the JV Agreement. Exploration of property will continue when funding and other conditions allow for it.

Duncan Park Holdings Corp. Enters into Unsecured Term Loan Agreement to Borrow $59,000

Duncan Park Holdings Corp. has entered into a unsecured term loan agreement to borrow $59,000 from a non-arm's length party. The loan bears an interest rate of 5% per annum, calculated annually and is due and payable on December 31, 2014. The loan was made by Ian McAvity, president, CEO, a director and a 10%+ shareholder of the corporation. Proceeds of the loan will be used for working capital purposes and may be prepaid by the corporation prior to its maturity date without penalty. With the new loan, the corporation has now borrowed a total of $215,000, on similar terms, under the $300,000 borrowing authority previously approved by the directors of the corporation. The maturity dates of the earlier loans had been extended from March 14, 2014 to December 31, 2014.


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