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Bullboard - Stock Discussion Forum International Zeolite Corp V.IZ

Alternate Symbol(s):  IZCFF

International Zeolite Corp. is a Canada-based minerals company. The Company is focused on exploration and development of mineral properties. The Company is also focused on the development, marketing, and sales of industrial commercial products from the production of its properties and the supply of raw materials from third party suppliers. The Company operates through two reporting segments... see more

TSXV:IZ - Post Discussion

International Zeolite Corp > Financials make no sense
View:
Post by lscfa on Jun 08, 2023 12:00pm

Financials make no sense

 

 

Royalties received

For the 3 months ended Sep 30/22

67,400

For the 6 months ended Dec 31/22

133,605

For the 9 months ended Mar 31/23

5,231

Comment by phantom666 on Jun 08, 2023 3:32pm
From Aug/22, 20 quarterly payments of $31,150.312 from PLAN for 50% of Bromley Creek Zeolite Deposit Claims. The amended agreement outlines the payment details for the 50% interest for $725,000. $101,933.76 has already been paid to International Zeolite, with PLAN now holding a 7.03% interest in the Bromley Creek zeolite deposit, located in British Columbia. The remaining $623,006.24 is payable ...more  
Comment by phantom666 on Jun 08, 2023 3:53pm
IZ's Royalty was cut from $9.00 to $4.50 per tonne removed from Bromley Creek