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04/23/13 - C$0.01
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nebu resources inc (NBU) Details

Nebu Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores primarily for gold. It holds interests in the Cork Lake Property covering approximately 12,360 acres in Sothman, Semple, and Nursey townships in northeastern Ontario; and the Beehive Property covering approximately 440 acres in the Timmins Mining Camp in Ontario. The company also has interests in the Mallard and Bowman Hislop properties located in Ontario. Nebu Resources Inc. was incorporated in 2006 and is headquartered in Toronto, Canada.

Founded in 2006

nebu resources inc (NBU) Top Compensated Officers

Chief Executive Officer, President, Non Indep...
Total Annual Compensation: C$104.0K
Chief Financial Officer, Secretary, Director,...
Total Annual Compensation: C$111.0K
Compensation as of Fiscal Year 2012.

nebu resources inc (NBU) Key Developments

Nebu Resources Inc. to Propose Amendments to the Articles of Incorporation

Nebu Resources Inc. planned to propose to the Annual General Meeting to be held on April 30, 2014, the amendments to the articles of incorporation to change the name of the company to CSM Minerals Corp., or such other name as may be determined by the board of directors of the company, to consolidate each of the issued and outstanding common shares of the company by changing ten common shares of the company, or such lesser amount as the directors of the company may determine, into one common share of the company (1:10), to create a new class of shares referred to as preferred royalty shares.

Nebu Resources Inc., Annual General Meeting, Jan 24, 2013

Nebu Resources Inc., Annual General Meeting, Jan 24, 2013., at 11:00 US Eastern Standard Time. Location: the offices of Fogler, Rubinoff LLP, Suite 3000. Agenda: To receive the audited financial statements for the fiscal year ended November 30, 2011 and November 20, 2010, report of the auditor and related management discussion and analysis; to elect directors of the company for the ensuing year; to appoint an auditor for the ensuing year and to authorize the directors to fix the auditor's remuneration; to consider, and if deemed advisable, to confirm and ratify the rolling stock option plan of the company; and to consider any permitted amendment to or variation of any matter identified in this notice of annual and special meeting of shareholders and to transact such other business as may properly come before the meeting or any adjournment thereof.

Nebu Resources to Commence Drilling at its Cork Lake Property Adjacent to SGX Resources Edelston Zone

Nebu Resources Inc. announced the commencement of a diamond drilling program near the southwest corner of its Cork Lake Property, the boundary of which is approximately 350 meters from SGX Resources' latest announced drill intersection. Nebu will be concentrating its drilling close to the area where SGX, earlier September 19, 2012, announced the intersection of both a high grade gold intersection of 57.4 g/t gold over 3.3 meters (including 540g/t over 0.4 meters) and as well as a broad zone of gold mineralization averaging 1.42 g/t gold over an interval of 53.5 meters. Based on the currently available information it has been determined that this drill intersection is located within 350 meters of the southwest corner of the Company's 100% owned Cork Lake Property. Drill holes reported by SGX since the initial discovery announcement in January 2012 indicate this gold zone (Edelston Zone), is traceable for a minimum of 600 meters in length and 100 meters wide.


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