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Quarterly Activities Report: Trueclaim Exploration Cash Balance increases 152.3%

Mar 17, 2020 - News Bites Canadian Markets
Mergers and Acquisitions


Corporate Wire Date: 16 March 2020 15:35 EDT

The Cash Burn of operating activities was CAD2,369,312 for the nine months ended December 31, 2019. This corresponds to an average Cash Burn Rate of CAD263,257 per month.

Quarter ended 31 Dec 2019 CAD Cash and cash equivalents at beginning of period 263,000 Net cash from / (used in) operating activities (2.4 million) Net cash from investing activities (803,000) Net cash from financing activities 3...