CANXGOLD MNG Stock Price, News & Analysis
GDMRF
OTC
Company Description
Golden Dawn Minerals Inc. (TSXV:CXG)(OTC PINK:GDMRF)(FRANKFURT:3G8B), known as Canxgold Mining Corp., is facing challenges due to an enforcement action by its senior secured creditor, RIVI Opportunity Fund LP. The British Columbia Supreme Court granted an order against the company and its subsidiaries, resulting in a judgment of USD$4,470,913.54 as of March 31, 2023. Despite efforts to reach an agreement with RIVI, business operations have been suspended pending further direction from the board of directors. The company's management and board members have resigned in light of recent developments.
Stock Performance
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Performance 1 year
$282.8K
Market Cap
75.7M
Shares outstanding
Latest News
SEC Filings
No SEC filings available for CANXGOLD MNG.
Financial Highlights
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Revenue (TTM)
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Net Income (TTM)
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Diluted EPS (TTM)
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Oper. Profit Margin
Upcoming Events
Frequently Asked Questions
What is the market cap of CANXGOLD MNG (GDMRF)?
The market cap of CANXGOLD MNG (GDMRF) is approximately 282.8K.
What challenges is Canxgold Mining Corp. facing?
Canxgold is facing challenges due to an enforcement action by its senior secured creditor, RIVI Opportunity Fund LP, resulting in a judgment against the company and the suspension of business operations.
What is the impact of the court order on Canxgold Mining Corp.?
The court order resulted in a judgment of USD$4,470,913.54 against the company as of March 31, 2023, leading to the appointment of a receiver or receiver-manager of the company's assets.
Why have the board members and management resigned from Canxgold Mining Corp.?
Following recent developments, including the enforcement action and court order, all members of the company's board and management have tendered resignations effective immediately.
Are there any ongoing operations at Canxgold Mining Corp.?
Business operations at Canxgold Mining Corp. have been suspended pending further direction from the board of directors.
How can I get more information about Canxgold Mining Corp.?
For further information, please contact Golden Dawn Minerals Inc. - Corporate Communications at Tel: (604) 221-8936.