Last C$0.06 CAD
Change Today -0.005 / -8.33%
Volume 10.7K
As of 1:31 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

parallel mining corp (PAL) Snapshot

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03/24/14 - C$0.14
52 Week Low
12/6/13 - C$0.04
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Current Stock Chart for PARALLEL MINING CORP (PAL)

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parallel mining corp (PAL) Details

Parallel Mining Corp. engages in the evaluation, acquisition, exploration, development, and exploitation of base and precious metal properties in Mexico and Canada. The company holds a 100% interest in the Kains Lake property that consists of 8 claims covering an area of approximately 1657.3 hectares located approximately 20 kilometers to the west of Port Hardy, at the north end of Vancouver Island, Canada. It also owns a 50% interest in the Matehuala property located in Mexico. The company was formerly known as Parallel Resources Ltd. and changed its name to Parallel Mining Corp. in December 2011. Parallel Mining Corp. was incorporated in 2007 and is based in West Vancouver, Canada.

Founded in 2007

parallel mining corp (PAL) Top Compensated Officers

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parallel mining corp (PAL) Key Developments

Parallel Mining Corp. Announces the Resignation of Rahoul Sharan as Member of the Board of Directors

Parallel Mining Corp. announced the resignation of Rahoul Sharan as a member of the board of directors of the Company (the "Board") to focus on other interests. Mr. Sharan has been a member of the Board since April 19, 2007.

Parallel Mining Corp. Announces Change of CFO

Parallel Mining Corp. announced the appointment of Rakesh Patel as CFO of the company. Mr. Patel is a chartered accountant and a partner with DMCL Chartered Accountants. Mr. Patel's appointment follows the resignation of Mr. Richard Barnett as CFO of the company.

Parallel Mining Corp. Announces Executive Changes

Parallel Mining Corp. announced that the board has appointed John D. Anderson as a director and the new President and CEO of the company. His appointment as President and CEO follows the resignation of Mr. Al Fabbro as President and CEO. Mr. Fabbro will remain a director of the Company. Mr. Anderson is most recently running Purplefish Capital Limited. Mr. Anderson is the founder and remains a director of American Eagle Oil & Gas Company. Mr. Anderson is also a director of Northern Freegold Resources Corp. In other developments, Jan Urata has been appointed Corporate Secretary of the company effective immediately.


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