OTC Bulletin Board
S & P Company Insight for NWT URANIUM CORP. |
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Profile
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| Business Summary: NWT Uranium Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. It focuses on uranium bearing mineral properties in Canada; and silver and gold bearing properties in Mexico. NWT Uranium Corp. also holds a 33. | | | Address 36 Toronto Street
Suite 1000
Toronto
, Ontario M5C 2C5
Phone: 866-437-9551
Website: http://www.northwestmineral.com
| | Auditor |
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MSCM LLP
Toronto
Canada
| | Transfer Agent |
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Equity Transfer Services Inc.
| | Founded: 2003 Domicile: Ontario | | | |
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Background
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| NWT Uranium Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. It focuses on uranium bearing mineral properties in Canada; and silver and gold bearing properties in Mexico. NWT Uranium Corp. also holds a 33.2% stake in Niger Uranium Ltd., a uranium exploration company that holds a total of eight properties in Niger. The company, formerly known as Northwestern Mineral Ventures Inc., was founded in 2003 and is headquartered in Toronto, Canada. | | History: INCORPORATED in Ontario Sept. 26, 2003. Name changed from Northwestern Mineral Ventures, Inc. to NWT Uranium Corp. Aug. 3, 2007. | | | | Subsidiaries: |
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Northwestern Mineral Ventures (USA) Inc.
| | | | | | Capital Expenditures, thousand. Canadian Dollars |
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| Year | Amount | | 2005 | 5 |
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Management
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Management
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| Officers | Position |
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| John P. Lynch | President & Chief Executive Officer | | Raphael Danon | Chief Financial Officer |
| | Directors |
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| Anton Gabriel Esterhuizen | | Simon Lawrence | | John P. Lynch | | David Subotic | | | |
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Annual Report
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| Annual Report |
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| | | Income Statement | |
| 2008 | 2007 | 2006 |
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| Expenses | 2,874 | 2,040 | 2,588 | | Foreign currency transl. | (13) | (48) | 11 | | Amortization | 203 | 121 | 4 | | Gain on disposition Of Irhazer and In Gall Projects | - | 19,260 | -- | | Loss on disposition of fixed assets | 4 | - | - | | Strategic Alliance fee | 658 | - | - | | Write-off of defr. expenditures | - | 1,639 | 209 | | Income taxes | (962) | 3,666 | (369) | | Net income | (2,791) | 11,745 | (2,421) | | Share earns. basic | (0.03) | $0.11 | ($0.03) | | Share earns. diluted | (0.03) | $0.11 | ($0.03) |
| | | | Balance Sheet | |
| 2008 | 2007 |
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| Assets: |
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| | Cash | 7,435 | 905 | | Short-term investment | 53 | 12,319 | | Due from Niger Uranium Limited | - | 576 | | Amounts receivable and prepaid expenses | 2,105 | 482 | | Income taxes recoverable | 911 | - | | Tot. curr assets | 10,503 | 14,282 | | Fixed assets | 483 | 677 | | Property expenditure advances | 34 | 61 | | Investment in Niger Uranium Limited | 3,108 | 17,067 | | Interest in exploration properties and deferred exploration expenditures | 3,992 | 5,340 | | Total assets | 18,120 | 37,427 | | Liabilities: |
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| | Accts. pay. & accruals | 414 | 629 | | Income tax | - | 3,312 | | Tot. curr. liabs. | 414 | 3,941 | | Future income tax liability | 422 | 668 | | Com. stk. n.p. | 106,031 | 19,575 | | Warrants | 3,139 | 3,139 | | Total Shareholders' equity | 17,28 | 32,818 | | Total liabs. | 18,120 | 37,427 |
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Interim Report
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| Interim Report
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| | | Data Not Available | | | | | | | | | |
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Pro Forma Report
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| Pro Forma Report
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| | | Data Not Available | | | | | | | | | |
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Quarterly Report
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| Quarterly Report Information
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| | | Quarterly Revenue, US$ |
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| Year | Quarter | Revenue | | 2009 |
1 | Nil | | 2008 |
1 | Nil | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2008 |
Full Year
| Nil | | 2007 |
1 | Nil | | 2007 |
2 | Nil | | 2007 |
3 | Nil | | 2007 |
4 | Nil | | 2007 |
Full Year
| Nil | | 2006 |
1 | Nil | | 2006 |
2 | Nil | | 2006 |
3 | Nil | | 2006 |
Full Year
| Nil | | 2005 |
1 | Nil | | 2005 |
2 | Nil | | 2005 |
3 | Nil | | 2005 |
Full Year
| Nil | | 2004 |
3 | Nil | | 2004 |
Full Year
| Nil |
| | | | | | Quarterly Net Income, US$ |
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| Year | Quarter | Revenue | | 2009 |
1 | (790,000) | | 2008 |
1 | (460,000) | | 2008 |
2 | (440,000) | | 2008 |
3 | (4,610,000) | | 2007 |
1 | (370,000) | | 2007 |
2 | (560,000) | | 2007 |
3 | 12,790,000 | | 2007 |
4 | (1,390,000) | | 2007 |
Full Year
| 11,750,000 | | 2006 |
1 | (280,000) | | 2006 |
2 | (1,460,000) | | 2006 |
3 | (310,000) | | 2006 |
Full Year
| (2,421,000) | | 2005 |
1 | (140,000) | | 2005 |
2 | (160,000) | | 2005 |
3 | (780,000) | | 2005 |
Full Year
| (1,780,000) | | 2004 |
3 | (190,000) | | 2004 |
Full Year
| (1,121,000) |
| | | | | | Quarterly EPS, US$ |
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| Year | Quarter | Revenue | | 2009 |
1 | (.01) | | 2008 |
1 | Nil | | 2008 |
2 | Nil | | 2008 |
3 | (.04) | | 2008 |
Full Year
| (.03) | | 2007 |
1 | Nil | | 2007 |
2 | .01 | | 2007 |
3 | .12 | | 2007 |
4 | (.01) | | 2007 |
Full Year
| .11 | | 2006 |
1 | Nil | | 2006 |
2 | (.02) | | 2006 |
3 | Nil | | 2006 |
Full Year
| (.02) | | 2005 |
1 | Nil | | 2005 |
2 | Nil | | 2005 |
3 | (.01) | | 2005 |
Full Year
| (.02) | | 2004 |
3 | (.01) | | 2004 |
Full Year
| (.02) |
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Stock Data
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| | | Capitalization as of 06/30/2008: | | | | | Authorized Shares | Outstanding Shares |
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| Common no par | Unlimited | 106,131,342 |
| | | | LONG TERM DEBT: None. | | | | Common no par | | | | COMMON OFFERED: January 9, 2004, the company, through Dominick & Dominick Securities Inc., agent, offered, on a best-efforts basis, a minimum of 8,000,000 and a maximum of 15,000,000 Common shares at Canadian Dollar (C$) 0.10 per share; comm., C$0.007 per share. The offering was completed Feb. 26, 2004, through the sale of 15,000,000 shares. | | | | |
Transfer Agent: Equity Transfer Services Inc.
Toronto
, Ontario | | | | OTC Bulletin Board( Primary): NWURF | | | | | | TSX Venture Exchange( Secondary): | | | | Exchange | Year | High | Low |
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| OTC Bulletin Board | 2008 | 0.6300 | 0.0100 | | OTC Bulletin Board | 2007 | 1.2300 | 0.4400 | | OTC Bulletin Board | 2006 | 1.2000 | 0.2300 | | OTC Bulletin Board | 2005 | 0.7300 | 0.3200 | | OTC Bulletin Board | 2004 | 0.6500 | 0.4500 |
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| | | | DIVIDENDS: Common no par: No cash.
Common no par, split 2-for-1, ex-Sept. 6, 2005. | | | | | |
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