Trade Cornish Metals Inc. - CUSN CFD

Cornish Metals Inc. Company profile

About Cornish Metals Inc

Cornish Metals Inc. is a Canada-based associate company of Osisko and builds a portfolio of strategic metals assets in the United Kingdom and North America. The Company’s United Kingdom projects include United Downs, South Crofty, cornish lithium and cornish mining. Its North America project includes nickel king. The United Downs project covers, or is located immediately adjacent to, four former copper and tin producing mines, Consolidated Mines and United Mines to the west, and Mount Wellington and Wheal Jane Mines to the east. Its 100% owned South Crofty project is located in the Central Mining District of Cornwall, South West England. The Company maintains a 100% interest in the approximately7,642 hectares Nickel King property, located in the Northwest Territories, approximately 145 kilometers northeast of Stony Rapids, Saskatchewan. The property is situated within Pre-Cambrian age rocks along the Snowbird Tectonic Zone.

Financial summary

BRIEF: For the nine months ended 31 October 2021, CornishMetals Inc revenues was not reported. Net loss increased37% to C$2.1M. Higher net loss reflects Professional Feesincrease from C$192K to C$842K (expense), Foreign exchangeloss increase from C$0K to C$387K (expense), Salaries andbenefits increase of 71% to C$899K (expense). BasicEarnings per Share excluding Extraordinary Items remainedflat at -C$0.01.

Equity composition

4 May 2004 1-for-2 reverse stock split. 03/14, 1-For-10Reverse stock split.