Woulfe Mining Corp WFEMF

Canadian Insider

[chizzles]

Just noticed today, and please, explain to me what this means. the shares and warrants have changed from direct ownership to indirect ownership. but both being Dundee. What do this mean, and is it a good or bad sign. Thanks in advance, Chizzles

					As of 11:59pm ET June 18th, 2014
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Price
Jun 12/14	Jun 10/14	Dundee Corporation	Control or Direction	Common Shares	99 - Correction of information	304,542
Jun 12/14	Jun 10/14	Dundee Corporation	Indirect Ownership	Warrants	55 - Expiration of warrants	-833,292
Jun 12/14	Jun 10/14	Dundee Corporation	Indirect Ownership	Warrants	90 - Change in the nature of ownership	50,768,000
Jun 12/14	Jun 10/14	Dundee Corporation	Direct Ownership	Warrants	90 - Change in the nature of ownership	-50,768,000
Jun 12/14	Jun 10/14	Dundee Corporation	Indirect Ownership	Common Shares	90 - Change in the nature of ownership	53,317,500
Jun 12/14	Jun 10/14	Dundee Corporation	Direct Ownership	Common Shares	90 - Change in the nature of ownership	-53,317,500
Apr 4/14	Apr 2/14	Dundee Corporation	Indirect Ownership	Warrants	53 - Grant of warrants	304,542
Mar 28/14	Mar 26/14	Gaucher, Michel	Direct Ownership	Options	50 - Grant of options	3,000,000	$0.100
Mar 27/14	Mar 26/14	Marleau, Hubert	Direct Ownership	Options	50 - Grant of options	500,000	$0.100
Mar 27/14	Mar 26/14	Skead, Michael Bethel	Direct Ownership	Options	50 - Grant of options	500,000	$0.100
Sign up for an account or login above to see all SEDI filings within the past 6 months.

Latest 10 SEDI filings (by filing date) for WOF within the last 6 months	[?]
Amended Filing

					As of 11:59pm ET June 18th, 2014
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Price
Jun 12/14	Jun 10/14	Dundee Corporation	Control or Direction	Common Shares	99 - Correction of information	304,542
Jun 12/14	Jun 10/14	Dundee Corporation	Indirect Ownership	Warrants	55 - Expiration of warrants	-833,292
Jun 12/14	Jun 10/14	Dundee Corporation	Indirect Ownership	Warrants	90 - Change in the nature of ownership	50,768,000
Jun 12/14	Oct 29/12	Dundee Corporation	Indirect Ownership	Warrants	00 - Opening Balance-Initial SEDI Report
Jun 12/14	Jun 10/14	Dundee Corporation	Direct Ownership	Warrants	90 - Change in the nature of ownership	-50,768,000
Jun 12/14	Jun 10/14	Dundee Corporation	Indirect Ownership	Common Shares	90 - Change in the nature of ownership	53,317,500
Jun 12/14	Oct 29/12	Dundee Corporation	Indirect Ownership	Common Shares	00 - Opening Balance-Initial SEDI Report
Jun 12/14	Jun 10/14	Dundee Corporation	Direct Ownership	Common Shares	90 - Change in the nature of ownership	-53,317,500
Apr 23/14	Mar 11/14	Korea Zinc Company Ltd.	Indirect Ownership	Common Shares	97 - Other	1,000,000	$0.105
Apr 23/14	Jan 6/11	Korea Zinc Company Ltd.	Indirect Ownership	Common Shares	00 - Opening Balance-Initial SEDI Report
Sign up for an account or login above to see all SEDI filings within the past 6 months.

Sign up for an account or login above to see the past 6 months of SEDI filings sorted by insider.

Sector: Basic Materials	Industry: Integrated Mining
See Regulatory Filings on SEDAR

Key People
Michel H. Gaucher Chief Executive Officer, Director	Mark N. Gelmon Chief Financial Officer

Company Contact
Address:	Suite 408, 837 West Hastings Street VANCOUVER BC V6C 3N6
Tel:	1-415-5950865
Website:	www.woulfemining.com
IR:	www.woulfemining.com/s/StockInfo.asp

Business Overview

Woulfe Mining Corp. (Woulfe) is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration and development of mineral properties in Korea. The Sangdong property is the Company's advanced project and is a tungsten/molybdenum brownfield property with bismuth and gold credits. The Company has been granted nine uranium/vanadium mining licenses located in the Geumsan area, southeast of the regional centre of Daejeon. Woulfe's uranium tenements lie within the Okcheon Metamorphic Belt (OMB), a north east-trending fold-and-thrust belt about 30 kilometers wide and extending some 150 kilometers through the middle of Korea. The Yeonwha 1 lead-zinc property lies approximately 20 kilometers to the south east of Sangdong. The Company holds exploration concessions in the Murchison Goldfields, in Western Australia, collectively known as the Albury Heath concessions.

Financial Overview

For the nine months ended 31 March 2014, Woulfe Mining Corp revenues was not reported. Net loss decreased 12% to C$2.7M. Lower net loss reflects Travel and related costs Other income decrease of 93% to C$39K (expense), Office and miscellaneous decrease of 86% to C$51K (expense), Management Fees decrease of 83% to C$57K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.

Employees:	9 as of Jun 30, 2009
Reporting Currency:	Canadian Dollars
Enterprise value:	$43.05M as of Mar 31, 2014
Annual revenue (TTM):	$0.00M as of Mar 31, 2014
EBITDA (TTM):	-$1.93M as of Mar 31, 2014
Net annual income (TTM):	-$3.75M as of Mar 31, 2014
Free cash flow (TTM):	-$5.55M as of Mar 31, 2014
Net Debt Last Fiscal Year:	$9.19M as of Mar 31, 2014
Shares outstanding:	352,288,101 as of Mar 31, 2014
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Competitors with Recent Insider Filings

New Gold(T:NGD)

Yamana Gold(T:YRI)

Dundee Precious Metals(T:DPM)

Woulfe Mining Corp. Insider Report Only $20.00

[chizzles]

Does this mean nobaody else knows what it means?

[chrisp6712]

I beleive the transfer to indirect ownership reduces their tax liability.

[kilgor]

"Direct owner simply owns something. If you own 10% of the stock in some company you are a direct owner. Indirect owner has the ownership thru some other entity. You own 50% of company A which owns 20% of company B then you are an indirect owner of company B."