Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 0.0
PET On Other Exchanges
Symbol
Exchange
Venture
As of 3:41 PM 07/16/14 All times are local (Market data is delayed by at least 15 minutes).

peat resources ltd (PET) Snapshot

Open
C$0.02
Previous Close
C$0.02
Day High
C$0.02
Day Low
C$0.02
52 Week High
10/4/13 - C$0.05
52 Week Low
11/8/13 - C$0.01
Market Cap
1.4M
Average Volume 10 Days
1.4K
EPS TTM
--
Shares Outstanding
69.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PEAT RESOURCES LTD (PET)

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peat resources ltd (PET) Details

Peat Resources Limited, a clean energy company, explores and develops peat lands primarily in Canada. The company has rights to exploration licenses on 130,000 hectares of peat lands in Newfoundland and Labrador. Its peat fuel is used in electricity generating stations and other facilities. The company is headquartered in Toronto, Canada.

peat resources ltd (PET) Top Compensated Officers

Chief Financial Officer, Secretary, Treasurer...
Total Annual Compensation: C$24.0K
Compensation as of Fiscal Year 2013.

peat resources ltd (PET) Key Developments

Peat Resources Limited Announces Closing of Loan and Settlement Agreement

Peat Resources Limited has closed the loan transaction referred earlier of June 19, 2014, being an unsecured loan to the company of $110,000 on the following terms: payable in one year, with 12.0% annual interest, payable earlier at the option of the company without notice or bonus. An agent's commission was paid as described in the June 19, 2014 news release. The funds have been used to fund the settlement of accounts payable to a contracted consultant disclosed in the company's press release of June 18, 2014 and for working capital.

Peat Resources Limited Announces Debenture/Loan Agreement of $110,000

Peat Resources Limited reported that it has negotiated, subject to regulatory approval, an unsecured debenture loan to the company of $110,000 on the following terms: payable in one year, with 12.0% annual interest, payable earlier at the option of the company without notice or bonus. An agent's fee of 9% of the funds raised and broker warrants totaling 10% of the funds raised divided by $0.05 per share is to be paid. Each broker warrant allows the holder to acquire one common share of the company at a price of $0.05 up to 24 months following the closing date.

Peat Resources Limited Announces Executive Changes

Peat Resources Limited announced that John Allen has been appointed interim CEO. The board also thanked Peter Telford for his services as CEO and for his much needed continuing support by remaining as a director of the company. Further thanked founding director, Leon La Prairie upon his retirement from the board and over thirty years of service to the company. Patricia Mannard remains CFO.

 

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Valuation PET Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 12.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
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