|Bid||0.0250 x N/A|
|Ask||0.0350 x N/A|
|Day's Range||0.0300 - 0.0300|
|52 Week Range||0.0300 - 0.0800|
|Beta (3Y Monthly)||2.67|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A look at the shareholders of Handa Mining Corporation (CVE:HAND) can tell us which group is most powerful...
Handa Mining Corporation ("Handa" or the "Company") (HAND.V) is pleased to announce that it has completed the debt financing (the "Financing") of US$750,000 (announced on April 2, 2019). The proceeds of the Financing will be used to fund the construction of a processing plant (the "Plant") for the Nababeep Copper Oxide Project, located in the northern Cap Province of South Africa (as outlined in the joint venture agreement (the "JVA") announced on February 15, 2019). The Company has also received approval from the TSX Venture Exchange for the JVA. Pursuant to the JVA, for the first 24 months of copper production from the Plant, Handa and its lending consortium (collectively, the "Group") will be entitled to 65% of any profits generated by the Plant (the "Profit Interest").
Handa Mining Corporation ("Handa Mining" or the "Company") (HAND.V) is pleased to announce that it has signed a joint venture agreement (the “JVA”) with O’Okiep Copper Company (“OCC”) and SHIP Copper company (“SHIP”), (OCC and SHIP are, together, the “Property Owners”) to fund and build a processing plant (the “Plant”) that will recover copper from broken rock lying on the surface of properties held by the Property Owners located in the northern Cape Province of South Africa, approximately 600km north of Cape Town. Handa will have 60 days to determine whether to proceed. In the event Handa proceeds, it will issue an aggregate of three and a half million common shares to the Property Owners, with one and a half million common shares being issued immediately and the remaining two million being issued following two years of production from the Plant. For the first 24 months of production Handa would be entitled to 65% of any profits (as defined under Canadian IFRS) generated by the Plant. Following this period, Handa’s share in any profits would decrease to 33%.
Handa Mining Corporation ("Handa" or the "Company") (HAND.V) today announced that its Board of Directors has appointed Mark Lotz as Chief Financial Officer effective November 1, 2018, subject to approval by the TSX Venture Exchange. Mark is a Chartered Professional Accountant practicing publicly through his firm Lotz CPA Inc. Having qualified in 1994 he brings a wealth of experience in business, tax and consulting. Formerly a CEO and CFO in the brokerage industry, he also has senior management experience in the mining, manufacturing and digital media sectors. He provides strategic tax and business planning and is a sought after expert for complex contractual issues and financial quantification. He regularly consults with legal firms acting as an expert witness on matters of securities regulation and litigation. He sits on the board of and is chair of the audit committees for a number of public companies. In addition he serves as the CFO of Vodis Pharmaceuticals Inc.