Quri-Mayu Developments Ltd.
0.04
CAD
+0.00
(-12.50%)
ISIN
CA74915N1087
CUSIP
74915N108
Return %
Stock
S&P 500
1Y
-41.67
14.20
3Y
16.67
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Vancouver Canada
- IPO Date
- Aug 15, 2022
- Website
- quri-mayu.ca
- Similar Companies
- Business
- Quri-Mayu Developments Ltd. is a Canada-based junior mineral exploration and resource development company engaged in the identification, evaluation, acquisition, and exploration of natural resource properties. The company operates within the basic materials and mining sector, targeting critical, base, and battery metals to serve the global commodities and green energy supply chains. Its core operational activities and mineral property offerings comprise the acquisition and tenure management of prospective mineral claims; comprehensive geological mapping, surface sampling, and geochemical analysis; airborne and ground-based geophysical surveying; diamond drilling and subsurface assay evaluation; and the systematic exploration and prospective development of magmatic nickel-copper sulphide deposits with associated cobalt and platinum-group elements (PGE). The company's principal and flagship asset is the 100-percent-owned AT Property, which encompasses four contiguous mineral claims covering approximately 3,440 hectares situated in the Chilcotin region within the Clinton Mining Division of south-central British Columbia, Canada. Originally incorporated on November 28, 2017, as Quri-Mayu Ventures Ltd., a subsidiary of EVI Global Group Developments Corp., the company changed its name to Quri-Mayu Developments Ltd. in August 2018, is headquartered in Vancouver, British Columbia, and trades publicly on the TSX Venture Exchange under the ticker symbol QURI. In recent major corporate developments, Quri-Mayu Developments Ltd. has focused on strategic capital raises and balance sheet optimization to advance its project pipeline, including executing equity private placements and debt settlement agreements to convert outstanding obligations into equity, alongside announcing non-brokered private placement equity financings of up to 2.0 million Canadian dollars to fund systematic exploration programs and diamond drilling at the AT Property as well as for general working capital. The company has also adjusted its corporate governance structure, including board-level transitions such as the resignation of director Peter Rhodes, while actively maintaining its strategic positioning in Canadian critical minerals exploration.