Arizona Sonoran Copper Co Inc (TSX:ASCU)
C$ 1.42 0.04 (2.9%) Market Cap: 189.39 Mil Enterprise Value: 174.08 Mil PE Ratio: 0 PB Ratio: 1.37 GF Score: 44/100

Arizona Sonoran Copper Company Inc at Red Cloud Fall Mining Showcase Transcript

Nov 10, 2022 / 07:40PM GMT
Release Date Price: C$1.71 (+0.59%)
George Ogilvie
Arizona Sonoran Copper Company Inc. - President, CEO, and Director

Thank you ever so much, everyone. So it's Arizona Sonoran Copper Company. The title of the presentation is Copper -- Invest in Sustainability. We do make some forward-looking statements, so I'll draw everybody's attention to the cautionary language. This presentation is on our website, so please feel free to view the language at your own discretion.

A little bit on the share capital structure. So today, only 89 million shares issued, fully diluted 99 million. Options and warrants are in the money; some of those will expire next May and June, so we expect to receive a little bit more money into treasury. The options and warrants are in the money.

Today, we have a very clean balance sheet with no debt, and approximately USD23.5 million in the bank, so we're very well-funded. We've got a large controlling shareholder, which is Tembo Capital, who are a private equity group out of London; they were heavily involved with [Arrow] Copper five years ago when they were a plus-20% shareholder. And for those of you

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