Last $0.58 USD
Change Today +0.08 / 16.00%
Volume 31.0K
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As of 8:04 PM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

timberline resources corp (TLR) Snapshot

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52 Week High
01/23/14 - $2.88
52 Week Low
11/11/14 - $0.44
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Average Volume 10 Days
Shares Outstanding
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timberline resources corp (TLR) Details

Timberline Resources Corporation, an exploration stage company, explores and develops mineral properties in the western United States. The company primarily explores for gold, as well as silver and copper ores. Its flagship project includes the Lookout Mountain project, located in Nevada. The company was formerly known as Silver Crystal Mines, Inc. and changed its name to Timberline Resources Corporation in February 2004. Timberline Resources Corporation was incorporated in 1968 and is headquartered in Coeur d’Alene, Idaho.

7 Employees
Last Reported Date: 12/18/13
Founded in 1968

timberline resources corp (TLR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $220.5K
Chief Financial Officer
Total Annual Compensation: $216.5K
Vice President of Exploration
Total Annual Compensation: $175.0K
Compensation as of Fiscal Year 2013.

timberline resources corp (TLR) Key Developments

Timberline Resources Corporation Announces Executive Changes

Timberline Resources Corporation announced that it has appointed Mr. Kiran Patankar as Timberline's new President and Chief Executive Officer. Mr. Patankar will succeed Paul Dircksen, who will semi-retire and has been appointed as the company's new Vice-President of Business Development and Technical Services. The appointments of Mr. Patankar and Mr. Dircksen will be effective on January 1, 2015. December 2014, Mr. Patankar served as Managing Director, Investment Banking of Mackie Research Capital Corporation.

Timberline Resources Receives NYSE MKT Compliance Letter

Timberline Resources Corporation announced that it has received a letter from the NYSE MKT advising the Company that Timberline has regained compliance with the NYSE MKT continued listing standards. Specifically, the Company has regained compliance with respect to Sections 1003(a)(iv) and 1003(f)(v) of the NYSE MKT Company Guide referenced in letters from the Exchange dated February 6, 2014, and May 19, 2014. The Company remains subject to normal continued listing monitoring by the Exchange.

Timberline Resources Corporation Files Certificate of Amendment to its Certificate of Incorporation

On October 31, 2014, Timberline Resources Corporation filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware, which has effected a 12-for-1 reverse stock split of its common stock. As a result of the reverse stock split, every twelve shares of the company's issued and outstanding common stock was converted into one share of common stock, reducing the number of issued and outstanding shares of the company's common stock from approximately 119 million to approximately 9.9 million. No fractional shares were issued in connection with the reverse stock split. Stockholders who otherwise would be entitled to receive fractional shares because they hold a number of pre-reverse stock split shares of the company's common stock not evenly divisible by twelve, will have the number of post-reverse split shares of the company's common stock to which they are entitled rounded up to the next whole number of shares of the company's common stock. No stockholders will receive cash in lieu of fractional shares.


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