Financial Statements |
TRS.CDNX Consolidated Financial Statements |
| CONSOLIDATED
BALANCE SHEETS AS AT AUGUST 31, 2000 (UNAUDITED) |
|
August 31, 2000 |
August 31, 1999 |
|
ASSETS |
||
| Current | ||
Cash and cash equivalents |
$ 10,557 | $ 20,770 |
Accounts receivable |
3,578 | 7,118 |
| Marketable securities | 2,314 | - |
| Subscription receivable | - | 10,500 |
| 16,449 | 38,388 | |
Capital assets (Note 3) |
1,976 | 2,325 |
Note receivable (Note 4) |
3,686 | 6,000 |
Mineral properties (Notes 5) |
213,048 | 127,679 |
Deferred exploration costs (Notes 6) |
422,830 | 302,464 |
| $ 657,989 | $ 476,856 | |
LIABILITIES AND SHAREHOLDERS' EQUITY |
||
Current |
||
Accounts payable and accrued liabilities |
$ 145,836 | $ 129,976 |
Due to related parties (Note 9) |
70,439 | 10,000 |
| 216,275 | 139,976 | |
Shareholders' equity |
||
Capital stock (Note 8) |
3,972,787 | 3,812,829 |
Deficit |
(3,531,073) | (3,475,949) |
| 441,714 | 336,880 | |
| $ 657,989 | $ 476,856 |
Nature of continuance of operations (Note 1)
Contingencies (Note 11)
The accompanying notes are an integral part of these financial statements.
Approved on behalf of the Board:
Laura Lee Duffett - Director
N. Reid Toreson - Director
© Copyright 1999, Tres-Or Resources Ltd. All Rights Reserved |