Last $0.0038 USD
Change Today +0.0017 / 80.95%
Volume 10.0K
HNDI On Other Exchanges
Symbol
Exchange
OTC US
As of 9:57 AM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

handeni gold inc (HNDI) Snapshot

Open
$0.0038
Previous Close
$0.0021
Day High
$0.0038
Day Low
$0.0038
52 Week High
04/2/14 - $0.03
52 Week Low
12/30/13 - $0.0020
Market Cap
1.2M
Average Volume 10 Days
25.4K
EPS TTM
$0.0010
Shares Outstanding
321.4M
EX-Date
--
P/E TM
3.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for HANDENI GOLD INC (HNDI)

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handeni gold inc (HNDI) Details

Handeni Gold Inc., an exploration stage company, is engaged in the acquisition and exploration of mineral properties in Tanzania, Africa. It primarily has a 100% interest in the Handeni Gold Project that consists of 4 prospecting licenses covering approximately 800 square kilometers located in the Handeni artisanal gold mining district, Tanga Province, Tanzania. The company was formerly known as Douglas Lake Minerals Inc. and changed its name to Handeni Gold Inc. in February 2012. Handeni Gold Inc. was founded in 2004 and is based in Dar es Salaam, Tanzania.

handeni gold inc (HNDI) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: --
Chief Financial Officer, Secretary, Treasurer...
Total Annual Compensation: $13.1K
Compensation as of Fiscal Year 2013.

handeni gold inc (HNDI) Key Developments

Handeni Gold Inc. and IPP Ltd Announce Amendments to Unsecured Term Loan Facility Agreement

Handeni Gold Inc. and IPP Ltd. have amended the Unsecured Term Loan Facility Agreement entered on December 7, 2012 and the loan repayment due date has been extended from December 31, 2013 to June 30, 2014.

Handeni Gold Inc. Announces Update on Exploration Activities

Handeni Gold Inc. announced the update on prospecting licenses, exploration activities and the unsecured term loan facility agreement amendment in the United Republic of Tanzania. The company announced that the renewal applications for its four prospecting licenses in the Handeni district were approved and that four PL's have been renewed (PL6742/2010, PL6743/2010, PL6744/2010, and PL6779/2010) as 'first renewal licenses' valid for a period of 3 years until September and October 2016. The company thus retains the majority of its exploration targets as defined by its ongoing exploration program within the remaining prospecting area of approximately 356 km. Ongoing exploration is currently focused on the Mjembe target (PL6744/2010) as well as target 5 (PL6779/2010) where mapping, trenching and pitting will be followed by ground geophysics and ground geochemistry to define drill positions.

Handeni Gold Provides an Update on the Exploration Activities Conducted on its Exploration Licenses in the United Republic of Tanzania

Handeni Gold Inc. provided an update on the exploration activities conducted on its exploration licenses in the United Republic of Tanzania. The company announced an update on the results of the soil sampling program and ground magnetic survey conducted on the Mjembe target as reported in a news release published on 16 July 2013. A total of 232 samples were selected from a database of 5,068 soil samples collected on the 23km area comprising the Mjember target. The independent laboratory results confirmed the effectiveness of the soil sample selection method based on XRF analyses as 57% of the samples assayed returned anomalous gold values. The company will thus continue to use this cost effective method of exploration applicable to its Handeni licenses. The latest results outlined two highly anomalous areas defined by geochemistry (Au), airborne TEM geophysics and ground geophysics on the 23km Mjembe target. The company will now conduct a detailed mapping, pitting and trenching program on these areas in preparation for possible further ground geophysics and drill target generation. The company is also continuing exploration on its other targets.

 

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