Oriental Non-Ferrous Resources Development Inc. Auditor Raises 'Going Concern' Doubt
January 28, 2018
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Oriental Non-Ferrous Resources Development Inc. filed its Annual on Jan 29, 2018 for the period ending Sep 30, 2017. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Oriental Non-Ferrous Resources Development Inc is a Canada-based company engaged in nonferrous metal mining business sector. The Company's objective is to seek out and acquire prospective mineral exploration properties in Mongolia with the view to exploring and developing the properties. The Company holds mineral exploration license of the mineral properties located in Kharganii am-1, Bornuur soum, Tuv aimag, Mongolia totalling 1,073 hectares and mineral mining license covering 42.12 hectares of same areas, which is its primary mining focus.