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northisle copper & gold inc (NCX) Snapshot

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northisle copper & gold inc (NCX) Details

Northisle Copper and Gold Inc., a junior resource company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, molybdenum, and rhenium metals. Its principal property consists of the North Island Project that comprises approximately 300 mineral claims and is located to the northwest of Vancouver, British Columbia. The company is headquartered in Vancouver, Canada. Northisle Copper and Gold Inc. is a subsidiary of Western Copper Corporation.

northisle copper & gold inc (NCX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$109.4K
Chief Financial Officer, Corporate Secretary ...
Total Annual Compensation: C$86.4K
Compensation as of Fiscal Year 2013.

northisle copper & gold inc (NCX) Key Developments

NorthIsle Copper and Gold Inc. Auditor Raises 'Going Concern' Doubt

NorthIsle Copper and Gold Inc. filed its Annual on Apr 29, 2014 for the period ending Dec 31, 2013. In this report its auditor, Hay & Watson, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

NorthIsle Copper and Gold Inc., Annual General Meeting, Jun 13, 2014

NorthIsle Copper and Gold Inc., Annual General Meeting, Jun 13, 2014., at 09:00 Pacific Standard Time. Location: 18th Floor, 570 Granville St.,. Agenda: To fix the number of Directors; to elect Directors for the ensuing year; to appoint an auditor for the ensuing year, and authorizing the Directors to fix the auditor's remuneration; to consider and, if thought advisable, to pass an ordinary resolution approving the renewal of the company's stock option plan; and to transact such other business as may properly come before the Meeting or any adjournment thereof.

NorthIsle Copper and Gold Inc. Negotiates Loan Agreement

NorthIsle Copper and Gold Inc. announced that it has negotiated a loan agreement with certain insiders, pursuant to which $40,000 will be advanced to the company, such advances to be considered secured loans accruing interest at a rate of 12% per annum to be calculated and paid semi-annually from the date of the advances. As additional consideration for such advances, the Company has agreed to issue 160,000 bonus shares to the lenders pursuant to the provisions of the TSX Venture Exchange Policy 5.1, subject to the Company receiving acceptance from the Exchange.


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