Here is some more material info that a shareholder can get from the company upon request... Yes, you need to ask for it... nothing is automatic. -am
FORM 61
QUARTERLY REPORT
Incorporated as part of : Schedule A
X Schedules B & C
ISSUER DETAILS:
NAME OF ISSUER: MINK INTERNATIONAL RESOURCES CORP.
(Formerly Mink Mineral Resources Inc.)
ISSUER'S ADDRESS: Suite 802, 595 Howe Street, Vancouver, British Columbia, V6C 2T5
ISSUER TELEPHONE NUMBER: (604) 687-3636
CONTACT PERSON: Orlando L. dela Cuesta
CONTACT'S POSITION : President
CONTACT TELEPHONE NUMBER (604) 687-3636
FOR QUARTER ENDED January 31, 1998
DATE OF REPORT: March 31, 1998
CERTIFICATE
THE SCHEDULE(S) REQUIRED TO COMPLETE THIS QUARTERLY REPORT ARE ATTACHED AND THE DISCLOSURE CONTAINED THEREIN HAS BEEN APPROVED BY THE BOARD OF DIRECTORS. A COPY OF THIS QUARTERLY REPORT WILL BE PROVIDED TO ANY SHAREHOLDER WHO REQUESTS IT. PLEASE NOTE THIS FORM IS INCORPORATED AS PART OF BOTH THE REQUIRED FILING OF SCHEDULE A AND SCHEDULES B & C.
"Orlando L. dela Cuesta" 98/03/31
NAME OF DIRECTOR DATE SIGNED (YY/MM/DD)
"Noel P. Cabalfin" 98/03/31
NAME OF DIRECTOR DATE SIGNED (YY/MM/DD)
(Signatures for this Form should be entered in TYPED form)
SCHEDULE B
Supplementary Information
Period Ended January 31, 1998
1. For fiscal year to date - See attached financial statements
These interim consolidated financial statements represent the consolidation of the accounts of Mink International Resources Corp., and its wholly owned subsidiary companies: Le Groupe ML Ressources Ltee. a British Columbia company, and Mink International Resources (Ghana) Limited, incorporated in Ghana, West Africa. Both subsidiaries were incorporated in 1997.
Consulting fees include $30,000 to maintain a location in London, England.
Administrative expenses include management fees of $6,000 payable to private company controlled by a Director. Exploration expenditures include engineering consulting fees totalling $16,339 paid to two directors.
2. For the quarter under review:
a. Securities Issued in Period:
Date Type of Security Type of Issue
Number
Price Total Proceeds
Consideration
Commission
97/12/5 Common share Private Placement
1,000,000
$0.40
$400,000
Cash
None
b. Options granted in period: 800,000 options at $0.45 expiring January 30, 2000.
3. As at the end of the quarter:
a. Capital Structure: The Company has authorized capital of 100,000,000 common shares of which 16,374,877 is issued and outstanding
b. Options and warrants outstanding
Exercise Price Expiry Date No. of options
$0.54 March 24, 1999 486,000
$0.54 September 11, 1999 905,000
$0.45 January 30, 2000 800,000
Exercise Price Expiry Date No. of warrants
$0.40 September 18, 1998 1,000,000
c. Directors
Orlando L. dela Cuesta - President and Director
Noel P. Cabalfin - Secretary and Director
Charles P. Keith - Director
Deane H. Williams - Director
Ren‚ G. L‚pine - Director
John C. Folinsbee - Director |
