Financial Statements |
TRS.CDNX Consolidated Financial Statements |
| CONSOLIDATED BALANCE SHEETS |
|
February 28, 2001 |
February 29, 2000 |
|
ASSETS |
||
| Current | ||
Cash |
$ 143,315 | $ 496 |
Marketable securities (Note 3) |
$ 24,000 | - |
Accounts receivable |
$ 3,981 | $ 11,490 |
Subscriptions receivable |
10,150 | - |
| 181,446 | 11,986 | |
Capital assets (Note 4) |
1,383 | 1,976 |
Note receivable (Note 5) |
3,686 | 3,686 |
Mineral properties (Notes 6) |
137,375 | 166,798 |
Deferred exploration costs (Notes 7) |
390,630 | 393,244 |
| $ 714,520 | $ 577,690 | |
LIABILITIES AND SHAREHOLDERS' EQUITY |
||
Current |
||
Accounts payable and accrued liabilities |
$ 125,650 | $ 136,120 |
Due to related parties (Note 9) |
30.347 | 35,389 |
| 155,997 | 171,809 | |
Shareholders' equity |
||
Capital stock (Note 8) |
4,011,745 | 3,869,723 |
Share subscriptions received (Note 13) |
117,800 | 33,000 |
Deficit |
(3,571,022) | (3,375,526) |
| 558,523 | 405,881 | |
| $ 714,520 | $ 577,690 |
Nature of continuance of operations (Note 1)
Contingencies (Note 12)
Subsequent events (Note 13)
Approved on behalf of the Board:
Laura Lee Duffett - Director
N. Reid Toreson - Director
The accompanying notes are an integral part of these financial statements.
© Copyright 1999, Tres-Or Resources Ltd. All Rights Reserved |