Post by TELEMARKERon Feb 08, 2025 10:10am
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Post# 36444162
Feb 4 MD&A
Feb 4 MD&AAt December 31, 2024, the Company had a working capital deficiency of $358,298 (June 30, 2024 – $236,530). The Company will have to raise funds to continue operations and although the Company is using its best efforts to achieve its business plans by examining various financing alternatives, there is no assurance that the Company will be successful with any financing ventures.
On January 10, 2025, the Company received $21,134 with respect to the BC Mining Tax Credit receivable for the year ended June 30, 2024. Commitment
The Company has signed a two-year lease on its core shack premises located in Princeton, British Columbia at a rate of $1,200 per month in the first year and at a rate of $1,300 per month in the second year. The lease expires on October 31, 2026.