| Business Summary | | Cadence
Resources
Corp.,
formerly
known
as
Royal
Silver
Mines,
Inc.,
is
a
United
States
mineral
resource
company.
The
Company
is
engaged
in
the
business
of
acquiring
and
exploring
mineral
properties
containing
silver,
gold,
copper
and
other
mineralization.
The
Company
operates
its
business
as
an
exploration
stage
company,
meaning
that
it
intends
to
receive
income
from
property
sales,
joint
ventures,
or
other
business
arrangements
with
larger
companies,
rather
than
developing
and
placing
its
properties
into
production
itself. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Cadence
Resources
Corp.
is
a
development
stage
company
and
conducts
business
as
a
junior
natural
resource
company.
The
company
intends
to
receive
income
from
property
sales
or
joint
ventures
with
larger
companies.
For
the
nine
months
ended
6/30/01,
the
Company
reported
no
revenues.
Net
loss
rose
19%
to
$217
thousand.
Revenues
reflect
the
lack
of
any
revenue
generating
business
operations.
Net
loss
reflects
a
loss
on
the
disposition
of
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Howard Crosby, 48 Pres,
Treasurer, Director | $25K | John Ryan, 37 VP,
Corp. Devel., Sec., Director | 25K | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|