Entrée Resources Ltd.

Entrée Resources Ltd.

Entrée Resources Ltd.

Overview
Date Founded

1995

Headquarters

1166 Alberni Street Suite 1201 VANCOUVER A1 V6E 3Z3

Type of Company

Public

Employees (Worldwide)

11

Industries

Non-Energy Mining & Minerals
Metal Manufacturing & Products

Company Description

Entrée Gold continues to build value in a climate of increasing base metal prices and industry consolidation, combining its development-stage projects in Mongolia with exploration growth potential in the Americas. Entrée Gold Inc. is a Canadian mineral exploration company focused on the worldwide discovery and development of copper and gold prospects. The Company has significant interests in three key copper porphyry deposits: the Hugo North Extension and the Heruga deposits in Mongolia, and the Ann Mason deposit, located near Yerington, Nevada. The Lookout Hill property in Mongolia completely surrounds the Oyu Tolgoi mining license held by Oyu Tolgoi LLC ("OTLLC"), a subsidiary of Turquoise Hill Resources and the Government of Mongolia. A portion of Lookout Hill (Shivee West) is 100% owned by Entrée. The remainder is subject to a joint venture with OTLLC. The joint venture property hosts the Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit. The deposits are included in the larger Oyu Tolgoi mining complex - Rio Tinto is the project manager on behalf of OTLLC. Excellent exploration potential remains on the property for the discovery of additional mineralized zones. In North America, the Company is exploring for porphyry-related copper systems in Nevada and New Mexico. The primary North American asset is the Ann Mason Project, located near Yerington, Nevada. The Company recently released the results of a positive Preliminary Economic Assessment for the Ann Mason copper-molybdenum porphyry deposit in conjunction with an updated pit constrained resource estimate. Ann Mason is expected to yield a base case (“Base Case”), pre-tax, 7.5% net present value ("NPV7.5") of $1.11 billion and an internal rate of return ("IRR") of 14.8%, using assumed copper, molybdenum, gold and silver prices of US$3.00/lb, US$13.50/lb, US$1,200/oz and US$22/oz, respectively. Using October 15, 2012 spot commodity prices of US$3.71/lb copper, US$10.43/lb molybdenum, US$1,736/oz gold and US$33.22/oz silver (“Spot Case”) the pre-tax NPV7.5 and IRR increase to $2.54 billion and 22.9%, respectively*. The project has considerable potential, both to increase the size of the Ann Mason deposit and to discover additional targets. In addition to being a politically stable jurisdiction and close to infrastructure, the Yerington copper camp has seen significant historic copper production along with a resurgence of exploration activity and now hosts over 20 billion pounds of copper in several deposits owned by a diverse group of companies

Executives & Employees

Director, President & Chief Executive Officer

Chief Financial Officer

Vice President, Legal Affairs & Corporate Secretary

Vice President, Corporate Development

Manager-Investor Relations

Investor Relations Contact

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Board of Directors

President at M.H. Bailey & Associates LLC

Of Counsel at McCullough O'Connor Irwin LLP

General Manager, Copper Division at Rio Tinto Plc

President at kTravel Solutions, Inc.

President & Director at AE Consulting LLC

Former Chief Financial Officer & Interim Chief Executive Officer at General Fusion, Inc.

Managing Director at Canisp Consulting Ltd.

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Entrée Resources Ltd.
Recent Transactions
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purchases Entree Gold, Inc. /Ann Mason & Lordsburg Projects from Entrée Resources Ltd.

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Entrée Resources Ltd. raised money in a private placement transaction

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Entrée Resources Ltd. raised money in a private placement transaction

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Transaction Advisors
Auditor

Advised onEntrée Resources Ltd. issued Common Stock

Legal Advisor

Advised onEntrée Resources Ltd. purchases PacMag Metals Ltd.

Investment Advisor

Advised onEntrée Resources Ltd. purchases PacMag Metals Ltd.

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Advisors & Consultants
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Advisor

Life Peer, House of Lords at United Kingdom Parliament

Advisor

President, Chief Executive Officer & Director at Silver One Resources, Inc.

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Clients

Sandstorm Gold finances gold mining projects through an arrangement called gold streaming. A gold stream involves Sandstorm making an upfront payment to a mining partner that is in need of capital to build their mine, refinance their obligations, complete an acquisition or for various other reasons. In exchange for that upfront payment, Sandstorm receives a contract which stipulates the purchase of a certain percentage of the gold produced from the mine, for the life of the mine, at a fixed per unit cost. To give an example, one of Sandstorm’s gold streaming agreements is with a company called Mutiny Gold (ASX-MYG). Mutiny needed capital for the development of its Deflector project in Western Australia. Sandstorm provided US$38 million to Mutiny as an upfront cash payment and in return, received a gold streaming agreement to purchase 15% of the life of mine gold produced from Deflector at US$500 per ounce.

Candente Copper Corp. engages in the acquisition, exploration, and development of mineral properties. It focuses on the exploration and development of its Canariaco Property, which includes Canariaco Norte, Canariaco Sur and Quebrada Verde, Arikepay, Miraflores, Don Gregorio, Las Pavas and El As de Zinc projects. It also holds a portfolio of other early stage base metal properties located in Peru. The company was founded by Fredy Jose Huanqui Guerra and Joanne Constance Freeze on May 1, 1997 and is headquartered in Vancouver, Canada.

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Key Stats and Financials As of 2016
Market Capitalization
$102M
Total Enterprise Value
$55.7M
Earnings Per Share
$-0.04
Revenue
$0
Net Profit
$-6.18M
EBITDA
$-5.87M
Total Debt
$9.84M
Total Equity
$26.1M
TEVNet Income
-9.01x
Debt TEV
0.18x
Three Year Compounded Annual Growth Rate Of Revenue
0%
Five Year Compounded Annual Growth Rate Of Revenue
0%
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Suppliers
Candente Copper Corp. Metal Manufacturing & Products | VANCOUVER , BC

Candente Copper Corp. engages in the acquisition, exploration, and development of mineral properties. It focuses on the exploration and development of its Canariaco Property, which includes Canariaco Norte, Canariaco Sur and Quebrada Verde, Arikepay, Miraflores, Don Gregorio, Las Pavas and El As de Zinc projects. It also holds a portfolio of other early stage base metal properties located in Peru. The company was founded by Fredy Jose Huanqui Guerra and Joanne Constance Freeze on May 1, 1997 and is headquartered in Vancouver, Canada.

Sandstorm Gold Ltd. Consumer Finance | Vancouver, BC

Sandstorm Gold finances gold mining projects through an arrangement called gold streaming. A gold stream involves Sandstorm making an upfront payment to a mining partner that is in need of capital to build their mine, refinance their obligations, complete an acquisition or for various other reasons. In exchange for that upfront payment, Sandstorm receives a contract which stipulates the purchase of a certain percentage of the gold produced from the mine, for the life of the mine, at a fixed per unit cost. To give an example, one of Sandstorm’s gold streaming agreements is with a company called Mutiny Gold (ASX-MYG). Mutiny needed capital for the development of its Deflector project in Western Australia. Sandstorm provided US$38 million to Mutiny as an upfront cash payment and in return, received a gold streaming agreement to purchase 15% of the life of mine gold produced from Deflector at US$500 per ounce.

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