Last C$0.01 CAD
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As of 10:07 AM 11/25/14 All times are local (Market data is delayed by at least 15 minutes).

peat resources ltd (PET) Snapshot

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52 Week High
12/30/13 - C$0.03
52 Week Low
11/4/14 - C$0.0050
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Average Volume 10 Days
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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

Chairman and Interim Chief Executive Officer
Total Annual Compensation: --
Chief Financial Officer, Treasurer, Corporate...
Total Annual Compensation: C$37.7K
Compensation as of Fiscal Year 2014.

peat resources ltd (PET) Key Developments

Peat Resources Ltd. Appoints Robert T. Wright as Chairman and Interim Chief Executive Officer

The board of directors of Peat Resources announced the appointment of Robert T. Wright as Chairman and Interim Chief Executive Officer. John Allen will remain as a director of the company. Mr. Wright has been Vice-Chairman of the Company since January, 2010 and a director since February, 2007.

Peat Resources Ltd. Auditor Raises 'Going Concern' Doubt

Peat Resources Ltd. filed its Annual on Sep 29, 2014 for the period ending May 31, 2014. In this report its auditor, Collins Barrow LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Peat Resources Limited Announces Closing of Second Tranche of Debenture/Loan Agreement

Peat Resources Limited reported that it has closed the second tranche of the unsecured debenture loan transaction referred to in the company's news release of July 31, 2014, being an unsecured loan to the company of $90,000, 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 July 31, 2014 news release. The funds will be used for working capital.


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