TVI Pacific Inc V.TVI

Alternate Symbol(s): TVIPF

Metals & Mining Industrial Metals & Minerals

TVI Pacific Inc. is a Canadian resource company focused on mining projects in the Philippines. The Company holds a 30.66% interest in TVI Resource Development Phils., Inc. (TVIRD). TVIRD's assets include the wholly owned Balabag gold-silver mine and Siana gold mine (Siana). It also has in its portfolio of projects its 100%-owned Mapawa project (gold), a 60% indirect interest in the Mabilo project (a copper-gold-iron skarn deposit that offers potential for multi-metal products, namely copper, gold and silver, with by-products magnetite and pyrite), and a 60% interest in Agata Mining Ventures Inc. (nickel/iron DSO mine). Siana is located in Tubod, Surigao del Norte, approximately 35 kilometers from Surigao City and near to Lake Mainit. The Balabag Gold and Silver Mine, which spans a 4,779-hectare Mineral Production Sharing Agreement. The mine is situated within the municipalities of Bayog in Zamboanga del Sur and Diplahan and Kabasalan in Zamboanga Sibugay, Mindanao, Philippines.

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TVI Pacific Inc > Would be nice to see the first step to IPO, 3 mths process..

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Comment by Bludstanon Dec 03, 2024 8:27pm

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Post# 36344209

RE:RE:Would be nice to see the first step to IPO, 3 mths process..

Jumping the gun though. Didn't we have a conversation about this recently and we weren't even sure if TVIRD qualified. From the same site RR provided:

Profit Test	A.) Cumulative net income, excluding non –recurring items, of at least Php75 million for three (3) full fiscal years immediately preceding the application for listing; AND B.) Minimum net income of Php50 million for the most recent fiscal year For this purpose, the Applicant Company shall submit to the Exchange audited consolidated financial statements for the last three (3) full fiscal years preceding the filing of the application. The financial statements must be accompanied by an unqualified external auditor’s opinion.