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As of 8:10 PM 12/23/14 All times are local (Market data is delayed by at least 15 minutes).

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golconda resources (GOLCF) Details

Golconda Resources Ltd. engages in the acquisition, exploration, and development of mineral properties primarily in the United States. It primarily explores for gold ores. The company, through its subsidiary, Lyncorp Drilling Services Inc., also provides diamond core drilling services to the mining industry in western and northern Canada and the United States. Golconda Resources Ltd. is headquartered in Calgary, Canada.

golconda resources (GOLCF) Top Compensated Officers

Acting Chief Executive Officer and President
Total Annual Compensation: C$150.0K
Chief Financial Officer
Total Annual Compensation: C$22.6K
Compensation as of Fiscal Year 2012.

golconda resources (GOLCF) Key Developments

Golconda Resources Ltd. Enters Joint Venture Agreement With Kasten Energy Inc. and Tri Rez Legoff Energy Ltd

Golconda Resources Ltd. announced that it has entered into a joint venture agreement (JVA)with Kasten Energy Inc. and Tri Rez Legoff Energy Ltd., with respect to the conduct of oil and gas exploration and development of approximately one section of CLFN lands. Pursuant to the JVA, TRE has agreed with Golconda and Kasten to acquire from Indian Oil and Gas (IOGC) a lease covering the lands. The JVA provides that Golconda and Kasten shall spud or re-enter the earning well prior to August 31, 2015 in order to earn the section of the lands. Golconda's interest in the JVA will be assigned to Kasten for no additional consideration in accordance with the terms of the previously announced asset sale transaction between Golconda and Kasten.

Golconda Resources Explore Potential Strategic Alternatives

The Board of Directors of Golconda Resources Ltd. (TSXV:GA) intends to explore potential strategic alternatives following the closing of the asset sale transaction.

Golconda Resources Ltd., Annual General Meeting, Dec 18, 2014

Golconda Resources Ltd., Annual General Meeting, Dec 18, 2014.


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