ASX Share rice
Tue 11 Aug 2020 - 06:38:am (Sydney)

LAM Share Price

LARAMIDE RESOURCES LTDLAMEnergy

LAM Company Information

Name:

Laramide Resources Ltd

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

Address:

The Exchange Tower Toronto ON Canada M5X 1B1

Phone:

416-599-7363

Full Time Employees:

7

Pres, CEO & Director:

Mr. Marc Charles Henderson BA Economics, CFA

Chief Financial Officer:

Mr. Dennis George Gibson CPA

Company Sec.:

Mr. Christopher E.O. Irwin B.A., L.L.B., LLB, LL.M.

Company Overview:

Laramide Resources Ltd. explores for and develops uranium projects in Australia, Canada, and the United States. The company holds 100% interest in the Church Rock Uranium project, the Crownpoint Uranium project, the La Jara Mesa Uranium project, and the La Sal Uranium project located in the United States; and the Westmoreland Uranium project and the Murphy Uranium project located in Australia. Laramide Resources Ltd. was incorporated in 1980 and is headquartered in Toronto, Canada.

LAM Share Price Information

Shares Issued:

165.21M

Market Capitalisation:

$49.56M

Return On Assets (TTM):

$-0.01

Return On Equity (TTM):

$-0.05

LAM CashFlow Statement

CashFlow Date:

2019-12-31

Investments:

$108.97K

Change To Liabilities:

$-434,348

Total Cashflow From Investing Activities:

$108.97K

Net Borrowings:

$-1,002,897

Net Income:

$-421,986

Total Cash From Operating Activities:

$-2,282,596

Depreciation:

$89.66K

Other Cashflow From Investing Activities:

$805.98K

Change To Account Receivables:

$161.53K

Capital Expenditures:

$697.73K

LAM Income Statement

Income Date:

2019-12-31

Income Before Tax:

$-527,746

Net Income:

$-421,986

Gross Profit:

$-89,656

Operating Income:

$-1,642,699

Interest Expense:

$1.98M

Income Tax Expense:

$-105,760

Total Revenue:

$0

Total Operating Expenses:

$1.64M

Cost Of Revenue:

$89.66K

LAM Balance Sheet

Balance Sheet Date:

2019-12-31

Total Liabilities:

$14.84M

Total Stockholder Equity:

$71.62M

Other Current Liabilities:

$285.24K

Total Assets:

$86.46M

Common Stock:

$139.74M

Retained Earnings:

$-100,305,195

Other Liabilities:

$3.62M

Other Assets:

$474.93K

Cash:

$27.03K

Total Current Liabilities:

$4.90M

Property - Plant & Equipment:

$84.62M

Net Tangible Assets:

$71.62M

Long-Term Investments:

$1.02M

Total Current Assets:

$344.02K

Long-Term Debt:

$6.32M

Net Receivables:

$3.05K

Short-Term Investments:

$86.12M

Accounts Payable:

$381.51K

Non Currrent Assets (Other):

$86.12M

Short-Term Investments:

$86.12

Non Current Liabilities Total:

$9.94M

LAM Share Price History

LAM News

22 May, 2020
TORONTO , May 22, 2020 /CNW/ - Laramide is pleased to announce that it has today filed an independent technical report on its 100% owned Murphy Uranium Project in the Northern Territory of Australia ("the Project"). The report was authored by Robert Sowerby of Mining Associates Ltd. of Brisbane, Australia , and was prepared in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). The Murphy Project is adjacent to Laramide's Westmoreland Project in Queensland and is thus an important potential asset within Laramide's large regional tenement holdings.
06 Apr, 2020
TORONTO , April 6, 2020 /CNW/ - Further to its press release dated March 27, 2020 announcing that Laramide Resources Ltd. ("Laramide" or the "Company") intends to participate in the blanket relief program announced on March 18, 2020 (the "Blanket Order") by the Canadian Securities Administrators (the "CSA") extending deadlines to file financial statements, Management Discussion and Analysis ("MD&A"), and Annual Information Form ("AIF"), Laramide confirms that is relying on the relief therein in respect of its annual 2019 financial statements, MD&A and AIF, which it expects to file by the end of April. Until the Company has filed such financial Statements, MD&A, and AIF, insiders of Laramide are subject to the Company's share trading and black-out policy. Other than as previously disclosed by the Company, there have been no material business developments since the date of the interim financial statements that were filed on November 19, 2019 .
27 Mar, 2020
TORONTO , March 27, 2020 /CNW/ - Laramide Resources Ltd. ("Laramide" or the "Company") is pleased to announce that the Company and its lenders, Extract Capital Master Fund Ltd. and Extract Lending LLC (together, the "Lenders"), with Extract Advisors LLC acting as agent for and on behalf of the Lenders (the "Agent"), completed an amendment (the "Amendment") to the existing term loan made by the Lenders in favour of Laramide Resources ( USA ) Ltd. (the "Term Loan"), which includes, among other things, (i) an extension of the maturity date of the Term Loan from December 29, 2021 to March 31, 2023 and (ii) the outstanding amounts be convertible into common shares of the Company at a price of C$0.40 per common share. Pursuant to the Amendment, the Company paid an amendment fee of C$50,000 to the Agent and issued an aggregate of 300,000 common share purchase warrants to the Lenders with an exercise price of C$0.60 , each of which is exercisable for one (1) common share of the Company until March 25, 2022 .
16 Jan, 2020
TORONTO , Jan. 16, 2020 /CNW/ - Further to Laramide's press release dated January 10, 2020 , Laramide Resources Ltd. ("Laramide" or the "Company") is pleased to announce that the Company has closed its non-brokered private placement (the "Offering"), issuing 22,500,000 units (the "Units") at a price of C$0.20 per Unit, for aggregate gross proceeds of C$4,500,000 . The Company plans to use the proceeds of the Offering to complete the final milestone payment of the Churchrock acquisition and for general working capital purposes. Each Unit consists of one common share in the capital of the Company and one share purchase warrant (a "Warrant"), with each Warrant entitling the holder to purchase one additional common share at a price of C$0.30 for a period of 36 months from the date of closing of the Offering.
10 Jan, 2020
TORONTO , Jan. 10, 2020 /CNW/ - Laramide Resources Ltd. ("Laramide" or the "Company") announces that it has increased its private placement (the "Offering") as announced on January 3, 2020 . Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder to purchase one additional Common Share at a price of $0.30 per Common Share for a period of 36 months from the date of closing of the Offering, subject to the Shareholder Approval (as defined below) requirement.
03 Jan, 2020
Toronto, Ontario--(Newsfile Corp. - January 3, 2020) - Laramide Resources Ltd. (TSX: LAM) (ASX: LAM) ("Laramide" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement (the "Offering") of up to 15,000,000 units (the "Units") of the Company at a price of C$0.20 per Unit, for aggregate gross proceeds of up to C$3,000,000. Each Unit will consist of one common share in the capital of the Company ...
10 Dec, 2019
Toronto, Ontario--(Newsfile Corp. - December 10, 2019) - Further to its press release dated June 21, 2018, Laramide Resources Ltd. (TSX: LAM) (ASX: LAM) ("Laramide" or the "Company") announces that the Company has extended the vesting restriction attached to certain outstanding common share purchase warrants (the "Series B Warrants") that were issued as part of the Company's unit offering completed on June 20, 2018 (the "Offering").Pursuant to the Offering, the Company issued 12,500,000 units, ...
15 Nov, 2019
If you want to know who really controls Laramide Resources Ltd. (TSE:LAM), then you'll have to look at the makeup of...
22 Aug, 2019
TORONTO , Aug. 22, 2019 /CNW/ - Laramide Resources Ltd. ("Laramide" or the "Company") is pleased to announce it has closed its non-brokered private placement (the "Offering"), and that the Offering was over-subscribed as the Company issued 6,750,000 (the "Units") of the Company at a price of C$0.25 per Unit (the "Issue Price"), for aggregate gross proceeds of $1,687,500 . Each Unit is comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole Common Share warrant, a "Warrant"), with each Warrant exercisable into one Common Share of the Company at a price of $0.40 for a period of thirty (30) months from the Closing Date (as defined below).