KAT Exploration Inc.
KATX
Other OTC1.05
USD
- -
- -
CIK
0001474558
ISIN
US48238M2035
CUSIP
48238M203
Return %
Stock
S&P500
1Y
262,400.00
26.53
3Y
40,284.62
76.60
5Y
1,049,900.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Gregory Daniel Klok
- Full Time Employees
- 1
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2313 Hollyhill Lane Denton TX United States of America 76205
- IPO Date
- Oct 31, 1994
- CIK
- 0001474558
- Similar Companies
- Business
- KAT Exploration Inc. (KATX) operates as a shell company focused on identifying merger, acquisition, reverse merger, or business combination opportunities with operating businesses, particularly in the mineral exploration and mining sector; it provides no current products or services beyond these transactional activities. Incorporated in Nevada on July 7, 1992, originally as Select Media Communications Inc. and renamed KAT Exploration Inc. in May 2009, the company maintains principal executive offices in Sunny Isles, Florida, with past exploration interests in gold, copper, and silver primarily in Canada and historic operations in North America. The company targets junior mining and small-scale gold operations, competing with venture capital firms, SPACs, and other entities for suitable transactions without restrictions on industry or geography. Subsequent to the fiscal year ended November 30, 2024, KAT Exploration entered a joint venture with GS Mining Company LLC, contributing mine leases and agreements to a new Colorado-based limited liability company owned 80% by KAT Exploration for gold mining and milling development; the company committed $3.5 million to upgrade related mines and facilities amid competition from small-scale operators using excavators and wash plants. In 2024, it issued three $50,000 convertible promissory notes at 18% interest, convertible into common stock at 80% of the prior ten-day VWAP or automatically upon triggers like asset acquisitions or mine production. Leadership transitioned in 2023 with Caren Currier and Dr. Christopher Krause resigning to Gregory Klok, a mining veteran with over 20 years managing placer and hard rock operations across Mexico, Peru, Colombia, West Africa, and North America.