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MarketScreener Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  Dakota Territory Resource Corp.    DTRC

DAKOTA TERRITORY RESOURCE CORP.

(DTRC)
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DAKOTA TERRITORY RESOURCE CORP : Other Events, Financial Statements and Exhibits (form 8-K)

10/26/2020 | 08:05am EST

Item 8.01 Other Events.

On October 23, 2020, we closed the purchase of the Maitland Gold Property in the Black Hills of South Dakota from Homestake Mining Company of California, a wholly owned subsidiary of Barrick Gold Corporation ("Barrick"), for consideration of $3.5 million cash and the issuance of 3 million shares of Dakota Territory's common stock. Additionally, Barrick will retain a 2.5% net smelter returns royalty on the property. The 2,112 mineral-acre Maitland acquisition will secure an important component of the Company's strategy for the structural corridor that extends from the Homestake Gold Mine to the Company's Blind Gold Property at the northern end of the Black Hills District.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibit Index:



Exhibit Number   Description

EX - 99.1 Press Release dated October 26, 2020

© Edgar Online, source Glimpses

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Financials (USD)
Sales 2020 - - -
Net income 2020 -1,11 M - -
Net Debt 2020 0,51 M - -
P/E ratio 2020 -9,83x
Yield 2020 -
Capitalization 81,8 M 81,8 M -
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float 72,8%
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Managers
NameTitle
Gerald Michael Aberle President, CEO, COO & Director
William Christopher Mathers CFO & Principal Accounting Officer
Richard Lynn Bachman Director & Chief Geological Officer
Stephen T. O'Rourke Director
Alexander G. Morrison Director
Sector and Competitors
1st jan.Capitalization (M$)
DAKOTA TERRITORY RESOURCE CORP.456.12%82
NEWMONT CORPORATION30.89%45 863
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WHEATON PRECIOUS METALS CORP.29.17%17 208
NEWCREST MINING LIMITED-12.63%15 924