Allegiance Resources Corp.
0.10
CAD
-0.05
(-35.48%)
ISIN
CA0174101018
CUSIP
017410101
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
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.Company Description
- CEO
- Kelly Abbott
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Vancouver Canada
- IPO Date
- Apr 8, 2022
- Website
- pegmatiteone.com
- Similar Companies
- Business
- Allegiance Resources Corporation is a Canadian mineral exploration and resource development company engaged in the acquisition, exploration, evaluation, and advancement of critical minerals and precious metals properties across North America. The company's core operations and technical offerings include the exploration and delineation of critical and defense-essential metals assets; lithium and rare-element pegmatite prospect development; gold, copper, and vanadium mineral exploration; comprehensive geological field mapping and ultraviolet-lamp mineral prospecting; geochemical rock, soil, and grab sampling programs; surface trenching and channel sampling; core drilling and diamond drilling exploration campaigns; mineral tenure management, direct claim staking, and property optioning; and geological technical reporting in compliance with Canadian regulatory standards. Allegiance Resources focuses on developing natural resources critical to the green energy transition, advanced electronics, aerospace, and defense manufacturing supply chains. Its asset portfolio includes the Golden Scheelite Tungsten Project located in the Varyville Mining District of Humboldt County, Nevada; the Morrison River Lithium Property in Northwestern Ontario; the Frazer Lake Mound Spodumene Lithium Project in Northwestern Ontario; and the Georgina Gold-Copper-Vanadium Property on Vancouver Island, British Columbia. In recent major corporate developments, the company rebranded from Pegmatite One Lithium and Gold Corp. (originally founded as Madi Minerals Ltd.) to Allegiance Resources Corp., officially updating its Canadian Securities Exchange ticker symbol to ALLG. In a strategic expansion into critical industrial and national security minerals, the company established its wholly owned United States operating subsidiary, Wolfram Critical Minerals Inc., through which it secured a 100 percent interest in the Golden Scheelite Tungsten Project. Furthermore, the company structured an exclusive option agreement with Valor Resources (Thunderbird Resources) regarding the Frazer Lake Lithium Project to advance exploration. Founded in 2021, Allegiance Resources Corporation is headquartered in Vancouver, British Columbia, Canada.