Last $0.06 USD
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As of 4:30 PM 12/6/13 All times are local (Market data is delayed by at least 15 minutes).

greencastle resources ltd (GRSFF) Snapshot

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09/6/13 - $0.07
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greencastle resources ltd (GRSFF) Details

Greencastle Resources Ltd., a diversified resource exploration company, engages in the acquisition, exploration, and development of oil and gas, gold, and base metal properties in Canada and the United States. The company holds interest in the Jewel Ridge gold prospect in Eureka County, Nevada; the Indian Creek gold property located in the Battle Mountain-Eureka Trend of Nevada; and the Nechako property located in the Nechako Plateau region of British Colombia, as well as in three properties located in western Ontario. It also holds interest in six oil and gas properties in west central Saskatchewan; and an oil and gas exploration permit in the Longueuil/St-Hubert area, east of Montreal in the St. Lawrence Lowlands of Quebec. Greencastle Resources Ltd. is based in Toronto, Canada.

greencastle resources ltd (GRSFF) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: C$150.0K
President, Secretary, Director and Member of ...
Total Annual Compensation: C$150.0K
Chief Financial Officer
Total Annual Compensation: C$18.0K
Compensation as of Fiscal Year 2012.

greencastle resources ltd (GRSFF) Key Developments

Greencastle Resources Ltd. Reports Earnings Results for the Year Ended December 31, 2013

Greencastle Resources Ltd. reported earnings results for the year ended December 31, 2013. For the period, the company reported net income attributable to equity holders of the company was CAD 223,209 or CAD 0 per share compared to a net loss attributable to equity holders of the company of CAD 1.40 million or CAD 0.03 losses per share for the year ended December 31, 2012. Revenue was CAD 168,182 compared to CAD 353,615 for the year ended December 31, 2012. Net income before taxes was CAD 135,266 compared to a net loss before taxes of CAD 1.41 million for the year ended December 31, 2012.

Softrock Minerals Ltd. and Greencastle Resources Ltd. Announce Farm Out Spirit River, Alberta, Oil Lease

Softrock Minerals Ltd. reported that the company and its 50% joint venture partner, Greencastle Resources Ltd., have jointly farmed out their 100% working interest in their 640 acre petroleum and natural gas (P&NG) lease in the Spirit River area of Northwest Alberta to an operator which is active in the area. The terms of the agreement include an upfront payment to Softrock and Greencastle of $400,000 along with a 5.0% gross overriding royalty on future production with no deductions, plus a commitment to drill and complete (or abandon) one horizontal well to test the Charlie Lake formation in 2014. Spacing units allowing for four Charlie Lake horizontal wells and four shallower vertical Doe Creek wells (targeting an additional horizon that produces in places in the area), have been obtained in adjacent leases and could be utilized in the future if the farmee wishes.

Greencastle Resources Ltd., Special/Extraordinary Shareholders Meeting, Oct 23, 2013

Greencastle Resources Ltd., Special/Extraordinary Shareholders Meeting, Oct 23, 2013., at 10:00 US Eastern Standard Time. Location: 365 Bay Street, Suite 400. Agenda: To consider and, if deemed advisable, approve with or without variation, a resolution adopting the shareholder rights plan of the company; to consider and, if deemed advisable, approve with or without variation, a special resolution reducing the stated capital attributable to the common shares of the company and associated special distribution; and to transact such further or other business as may properly come before the Meeting or any adjournment(s) thereof.


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