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vendome resources corp (VDR) Snapshot

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10/21/13 - C$0.13
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vendome resources corp (VDR) Details

Vendome Resources Corp. is engaged in the exploration of base metals and precious metals in Canada. The company’s principal properties include the San Javier, La Diana, and San Miguel properties located in the Sierra Madre del Sur in the State of Guerrero, Mexico, which cover an area of approximately 17,000 hectares. The company was formerly known as Vendome Capital II Corp. and changed its name to Vendome Resources Corp. in May 2010. Vendome Resources Corp. was incorporated in 2007 and is based in Toronto, Canada.

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vendome resources corp (VDR) Key Developments

Vendome Resources In Talks To Acquire La Diana Concession

Vendome Resources Corp (TSXV:VDR) has entered into advanced discussions with Camsim Minas SA de CV in order to acquire 100% of Camsim's wholly-owned "La Diana" concession located in the heart of the highly prolific Sierra Madre del Sur precious metals belt in Southern Mexico. Vendome’s Chief Executive Officer John Priestner said: "We believe the La Diana Project to be of tremendous merit and that it has unusually high exploration potential. Since my arrival to the Company I have made it a priority, as part of our corporate strategy, to build shareholder value. An integral part of this strategy is to acquire a 100% ownership of the La Diana concession. To that end, we are focused on concluding a very fair and equitable transaction for the Vendome shareholders in the not-too-distant-future." Derek Sutherland, Director General of Camsim stated "After working professionally with, and moreover, having become personally acquainted with Vendome's new management over the past eight months, we feel very comfortable and confident in their abilities to lead the La Diana Project through the exploration and development stage. I am very impressed not only with their new Chief Executive Officer's leadership skills, but also the geological expertise that the management team is able to bring to the project. Personally, I am enthusiastic about what the future could represent to the Camsim shareholders under Vendome's 100% ownership of the project."

Vendome Resources Corp Auditor Raises 'Going Concern' Doubt

Vendome Resources Corp filed its Annual on Jun 27, 2014 for the period ending Feb 28, 2014. In this report its auditor, Wasserman Ramsay, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Vendome Resources Corp Appoints Victoria Kuklina as Chief Financial Officer

Vendome Resources Corp. announced the appointment of Victoria Kuklina as its Chief Financial Officer. Victoria will report directly to the company's Chief Executive Officer, John Priestner, and will be responsible for overseeing the company's financial operations.


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