telson resources inc (TSN:Venture)
telson resources inc (TSN) Snapshot
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Open
C$0.05
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Previous Close
C$0.05
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Day High
C$0.05
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Day Low
C$0.05
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52 Week High
09/17/12 - C$0.40
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52 Week Low
03/4/13 - C$0.02
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Market Cap
1.6M
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Average Volume 10 Days
9.4K
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EPS TTM
--
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Shares Outstanding
32.9M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
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Telson Resources Inc. engages in the exploration and development of gold, silver, and base metal properties in Mexico. The company’s principal property includes the Tahuehueto project that covers an area of approximately 9,081-hectares and is located in north-western Durango State. It also holds an option to purchase 100% interest in the Jocuixtita Silver Project, which covers an area of 4,332 hectares and is located near San Ignacio town, Sinaloa. The company was formerly known as Soho Resources Corp. and changed its name to Telson Resources Inc. in January 2013. Telson Resources Inc. was founded in 1986 and is based in Vancouver, Canada.
telson resources inc (TSN) Top Compensated Officers
telson resources inc (TSN) Key Developments
Telson Resources Inc. announced that due to the current difficult market conditions being experienced by junior resource public companies, the company has decided to cancel its listing on the OTCQX board. The company will continue to be listed on the OTCBB Pink Sheets. At such time that market conditions improve, a decision will be made in regard to re-establishing the listing on the OTCQX.
Soho Resources Corp., Special/Extraordinary Shareholders Meeting, Dec 21, 2012., at 11:00 Pacific Standard Time. Location: Suite 700. Agenda: To receive and consider the report of the directors; to receive and consider the audited financial statements of the company for the year ended February 29, 2012, together with the auditor's report thereon; to appoint auditors for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditors; to fix the number of directors for the ensuing year at six; to elect directors for the ensuing year; to approve consider the consolidation of all the issued and outstanding common shares of the company on the basis of one new common share for up to eight old common shares, or on such other basis as may be approved; to approve and adopt, with or without modification, by ordinary resolution, the 2012 stock option plan, as more particularly described in the accompanying information circular; and to transact such further and other business as may be properly brought before the meeting and any adjournment or postponement thereof.
Soho Resources Corp. announced consolidated unaudited earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company reported loss before other item was CAD 204,329 against CAD 417,724 a year ago. Loss and comprehensive loss for the period was CAD 204,081 against CAD 417,029 a year ago. Basic and diluted loss per common share was CAD 0.00 against CAD 0.00 for the same period a year ago. Net cash used in operating activities was CAD 55,186 against CAD 13,062 a year ago. Mineral properties were CAD 359,847 against CAD 1,973,556 a year ago. For the six months, the company reported loss before other item of CAD 502,729 against 1,058,640 a year ago. Loss and comprehensive loss for the period was CAD 499,313 against CAD 1,056,057 a year ago. Basic and diluted loss per common share was CAD 0.00 against CAD 0.01 for the same period a year ago. Net cash used in operating activities was CAD 139,518 against CAD 572,293 a year ago. Mineral properties were CAD 171,944 against CAD 1,607,018 a year ago.
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Industry Analysis
TSN
Industry Average
| Valuation | TSN | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 0.1x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact TELSON RESOURCES INC, please visit www.telsonresources.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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