Gold Springs Resource Corp. Files 2024 Financial Statements, MD&A and Annual Information Form
Gold Springs Resource Corp. (TSX: GRC) (OTCQB: GRCAF) has released its audited financial statements, MD&A, and AIF for the year ended December 31, 2024. The company reported a net loss of $0.68 million ($0.00 per share) compared to $0.64 million loss in 2023.
Key financial highlights include:
- General and administrative expenses decreased to $0.58 million from $0.64 million in 2023
- Exploration spending increased to $0.55 million from $0.42 million in 2023
- Cash position of $0.04 million as of December 31, 2024
- Loss includes $0.05 million from equipment disposal and $0.02 million reduction in foreign exchange gains
Gold Springs Resource Corp. (TSX: GRC) (OTCQB: GRCAF) ha pubblicato i suoi bilanci finanziari auditati, il MD&A e l'AIF per l'anno conclusosi il 31 dicembre 2024. L'azienda ha registrato una perdita netta di 0,68 milioni di dollari (0,00 dollari per azione) rispetto a una perdita di 0,64 milioni di dollari nel 2023.
I principali risultati finanziari includono:
- Le spese generali e amministrative sono diminuite a 0,58 milioni di dollari rispetto a 0,64 milioni di dollari nel 2023
- La spesa per esplorazione è aumentata a 0,55 milioni di dollari rispetto a 0,42 milioni di dollari nel 2023
- Posizione di cassa di 0,04 milioni di dollari al 31 dicembre 2024
- La perdita include 0,05 milioni di dollari dalla vendita di attrezzature e una riduzione di 0,02 milioni di dollari nei guadagni da cambi esteri
Gold Springs Resource Corp. (TSX: GRC) (OTCQB: GRCAF) ha publicado sus estados financieros auditados, el MD&A y el AIF para el año que terminó el 31 de diciembre de 2024. La empresa reportó una pérdida neta de 0,68 millones de dólares (0,00 dólares por acción) en comparación con una pérdida de 0,64 millones de dólares en 2023.
Los aspectos financieros clave incluyen:
- Los gastos generales y administrativos disminuyeron a 0,58 millones de dólares desde 0,64 millones de dólares en 2023
- El gasto en exploración aumentó a 0,55 millones de dólares desde 0,42 millones de dólares en 2023
- Posición de efectivo de 0,04 millones de dólares al 31 de diciembre de 2024
- La pérdida incluye 0,05 millones de dólares por la venta de equipos y una reducción de 0,02 millones de dólares en ganancias por cambio de divisas
골드 스프링스 리소스 Corp. (TSX: GRC) (OTCQB: GRCAF)는 2024년 12월 31일로 종료된 회계연도에 대한 감사 재무제표, MD&A 및 AIF를 발표했습니다. 회사는 68만 달러의 순손실 (주당 0.00 달러)을 기록했으며, 이는 2023년의 64만 달러 손실에 비해 증가한 수치입니다.
주요 재무 하이라이트는 다음과 같습니다:
- 일반 및 관리비용이 2023년 64만 달러에서 58만 달러로 감소했습니다.
- 탐사 비용이 2023년 42만 달러에서 55만 달러로 증가했습니다.
- 2024년 12월 31일 기준 현금 보유액은 4만 달러입니다.
- 손실에는 장비 처분으로 인한 5만 달러와 외환 이익 감소로 인한 2만 달러가 포함됩니다.
Gold Springs Resource Corp. (TSX: GRC) (OTCQB: GRCAF) a publié ses états financiers audités, son MD&A et son AIF pour l'année se terminant le 31 décembre 2024. La société a enregistré une perte nette de 0,68 million de dollars (0,00 dollar par action) par rapport à une perte de 0,64 million de dollars en 2023.
Les principaux faits financiers comprennent :
- Les dépenses générales et administratives ont diminué à 0,58 million de dollars contre 0,64 million de dollars en 2023
- Les dépenses d'exploration ont augmenté à 0,55 million de dollars contre 0,42 million de dollars en 2023
- Position de trésorerie de 0,04 million de dollars au 31 décembre 2024
- La perte comprend 0,05 million de dollars provenant de la cession d'équipements et une réduction de 0,02 million de dollars des gains de change
Gold Springs Resource Corp. (TSX: GRC) (OTCQB: GRCAF) hat ihre geprüften Finanzberichte, MD&A und AIF für das am 31. Dezember 2024 endende Jahr veröffentlicht. Das Unternehmen meldete einen Nettoverlust von 0,68 Millionen Dollar (0,00 Dollar pro Aktie) im Vergleich zu einem Verlust von 0,64 Millionen Dollar im Jahr 2023.
Wichtige finanzielle Höhepunkte sind:
- Die allgemeinen und Verwaltungskosten sanken auf 0,58 Millionen Dollar von 0,64 Millionen Dollar im Jahr 2023
- Die Ausgaben für Erkundung stiegen auf 0,55 Millionen Dollar von 0,42 Millionen Dollar im Jahr 2023
- Die Liquiditätsposition betrug 0,04 Millionen Dollar zum 31. Dezember 2024
- Der Verlust umfasst 0,05 Millionen Dollar aus dem Verkauf von Anlagen und eine Reduzierung von 0,02 Millionen Dollar bei den Devisengewinnen
- Reduced general and administrative expenses by 9.4% to $0.58 million
- Increased exploration spending by 31% to $0.55 million
- Net loss increased to $0.68 million from $0.64 million year-over-year
- Low cash position of only $0.04 million at year-end
- Incurred $0.05 million loss on disposal of equipment
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2025) - Gold Springs Resource Corp. (TSX: GRC) (OTCQB: GRCAF) (the "Company"), reports the release of its audited consolidated financial statements for the year ended December 31, 2024, the related management's discussion and analysis of financial position and results of operations ("MD&A") and the annual information form ("AIF"). In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated.
During the year ended December 31, 2024, general and administrative expenses, excluding non-cash share-based payments, decreased to
About Gold Springs Resource Corp.
Gold Springs Resource Corp. (TSX: GRC) (OTCQB: GRCAF) is focused on the exploration and expansion of the gold and silver resources of its large Gold Springs project located on the border of Nevada and Utah, USA. The project is situated in the prolific Great Basin of Western USA, one of the best mining jurisdictions in the world.
Gold Springs Resource Corp. Contact:
Antonio Canton, President and CEO
acanton@goldspringsresource.com
Forward-Looking Statements
Certain statements contained herein constitute "forward-looking information" under applicable Canadian securities laws ("forward-looking statements"). Forward-Looking statements look into the future and provide an opinion as to the effect of certain events and trends on the business. Forward-Looking statements herein may include words such as "creating", "believe", "would", "continue", "will", "promising", "should", and similar expressions and includes the statement relating to the significant potential of the Charlie Ross deposit. These forward-looking statements are based on current expectations and entail various risks and uncertainties. Actual results may materially differ from expectations if known and unknown risks or uncertainties affect our business or if our estimates or assumptions prove inaccurate. Factors that could cause results or events to differ materially from current expectations expressed or implied by the forward-looking statements, include, but are not limited to, risks of the mineral exploration industry which may affect the advancement of the Gold Springs project, including possible variations in mineral resources, grade, recovery rates, metal prices, capital and operating costs, and the application of taxes; availability of sufficient financing to fund planned or further required work in a timely manner and on acceptable terms; availability of equipment and qualified personnel, failure of equipment or processes to operate as anticipated, changes in project parameters, including water requirements for operations, as plans continue to be refined; regulatory, environmental and other risks of the mining industry more fully described in the Company's Annual Information Form and continuous disclosure documents, which are available on SEDAR+ at www.sedarplus.ca. The assumptions made in developing the forward-looking statements include: the accuracy of current resource estimates and the interpretation of drill, metallurgical testing and other exploration results; the continuing support for mining by local governments in Nevada and Utah; the availability of equipment and qualified personnel to advance the Gold Springs project; execution of the Company's existing plans and further exploration and development programs for Gold Springs, which may change due to changes in the views of the Company or if new information arises which makes it prudent to change such plans or programs. Readers are cautioned not to place undue reliance on the forward-looking statements contained in this press release. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason. Unless otherwise indicated, forward-looking statements in this press release describe the Company's expectations as of the date hereof.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246583