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Tiger International Resources Inc. V.TGR.H

Tiger International Resources Inc is a Canadian exploration company which is primarily engaged in the exploration and development of mining properties. The company holds an interest in Esperanza Project, Itogon Gold Project, and Free Gold Nuggets among others.


TSXV:TGR.H - Post by User

Post by Bthereon Mar 31, 2014 1:46pm
78 Views
Post# 22391012

Net Income per share is now in the positive. Check Sedar.

Net Income per share is now in the positive. Check Sedar.
 
 January 31, April 30, 
 Notes 2014 2013 
Assets 
Current assets 
Cash $ 99,972 $ 211 
Accounts receivable 4(b) 626 673 
Prepaid expenses - 3,667 
Total current assets 100,598 4,551 
Total assets $ 100,598 $ 4,551 
Liabilities 
Current liabilities 
Accounts payable and accrued liabilities 4(c) $ 9,473 $ 12,015 
Due to a director 8(c) 463,511 421,557 
Total current liabilities 472,984 433,572 
Total liabilities 472,984 433,572 
 
Shareholders' Deficiency 
Share capital 5 3,376,650 3,376,650 
Contributed surplus 207,200 207,200 
Deficit (3,956,236) (4,012,871) 
Total shareholders' equity (372,386) (429,021) 
Total liabilities and shareholders' equity $ 100,598 $ 4,551 
 
 
 
See accompanying notes to the condensed consolidated interim financial statements. 
 
 
 
Approved by the Board of Directors: 
 
(signed) “Patric Barry” (signed) “Joseph Breslawski” 
____________________ 
Director 
____________________ 
Director 
 
 
 2 
 
Tiger International Resources Inc. 
Condensed Consolidated Statements of Income and Comprehensive Income 
(amounts in Canadian dollars) 
(unaudited) 
 
 
Three months ended 
January 31, 
Nine months ended 
January 31, 
 Notes 2014 2013 2014 2013 
Expenses 
Interest and bank charges $ 67 $ 23 $ 182 $ 236
Office 9,800 9,635 29,480 29,017
Professional fees 2,719 2,843 7,869 8,084
Shareholder communication and listing fees 1,728 1,688 7,641 7,601
Travel and promotion 272 - 1,490 393
Foreign exchange gain (4,708) - (4,708) -
Exploration and evaluation expenditures - 4,381 7,417 45,868
 9,878 18,570 49,371 91,199
Loss before the following (9,878) (18,570) (49,371) (91,199)
Gain on disposal of assets 9 106,006 - 106,006 -
Net income (loss) and other comprehensive 
income (loss) for the period $ 96,128 $ (18,570) $ 56,635 $ (91,199)
Net income (loss) per share 
Basic 7 $ 0.011 $ (0.002) $ 0.006 $ (0.010)
Diluted 7 $ 0.010 $ (0.002) $ 0.006 $ (0.010)
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