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KRO Company Profile

Rokmaster Resources Corp (RKR-V)

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Rokmaster Resources Corp listed on the TSXV by Jordan IPO on Nov 21, 2011 to explore the Bodine North VMS prospect in north-central British Columbia under the leadership of CEO John Mirko. A few months later Rokmaster optioned the Big Copper project in southeast BC. By mid 2012 Rokmaster had optioned 75% of the Pinaya gold-copper project in southern Peru obstruction by illegal miners forced Rokmaster to declare force majeure in Sept 2014. The ensuing legal dispute was settled in mid 2015 when Rokmaster agreed to terminate the agreement in exchange for cash and stock from Kaizen Discovery. In Nov 2016 did a deal with the Big Copper vendors to acquire the Duncan Lake zinc-lead project in southeastern BC for 12 million shares plus 36 million milestone contingent shares. Rokmaster settled accrued debts of $1.45 million in Jan 2017 for 29 million shares at $0.05 most of which went to insiders. It also raised $685,000 through a unit financing at $0.05 in April 2017. The Duncan Lake zinc-lead system was discovered by Cominco in 1957 and last explored in 1989-1997 after which the claims lapsed and were eventually online staked by the vendors. Duncan Lake has a historic resource in which zinc dominates. Rokmaster plans to compile historical data and assess the posibility of developing Duncan Lake as an underground zinc mine.
Trade DateVolumeHighLowCloseChgStatus
September 20, 2017150,000$0.04$0.04$0.04($0.01)Trading
Basic Info
Listed On:TSX Venture: RKR10/9/2001Sector:ResourceKey People
Issued:98,406,3063/31/2017Story Type:Mineral ExplorationJohn M. Mirko (CEO), Michael Cowin (Chair)
Diluted:151,371,416
JK Owns:No
Insider Stake:27%5/31/2017Tel:(604) 632-9602
Working Capital:$442,5423/31/2017Email:Address
Market Cap:$3,444,221
Web Site:rokmaster.com#1601-675 West Hastings Street, Vancouver, BC, V6B 1N2, Canada
Cash Breakup:$0.00per shTwitter:
Ranking within Company's Price Range based Group
All KRO as of Sep 20, 2017Group MedianCompanyPercentileScore
Price Range:below $0.10Issued:58,265,53998,406,30631.2%54.4%
Price Group Total:551Working Cap:($66,088)$442,54277.5%
TSXV KRO as of Sep 20, 2017Group MedianCompanyPercentileScore
Price Range:below $0.10Issued:55,400,16098,406,30628.9%53.9%
Price Group Total:532Working Cap:($73,474)$442,54278.8%
Group figures exclude delisted and suspended companies. The higher the company percentile the better, based on the assumptions that the lowest issued shares and highest working capital are best. The score is the average of the percentiles. A percentile is that percentage of a group that a member ranks higher than. Note that issued and WC reflect latest financials.
Charts & Financing Activity

 Most recent 43-101 resource estimate  Prior resource estimate  PEA  PFS  FS/BFS/DFS
Private Placement Key
less than $500,000 $1,000,000 - $2,000,000 $5,000,000 - $10,000,000 $20,000,000 - $50,000,000
$500,000 - $1,000,000 $2,000,000 - $5,000,000 $10,000,000 - $20,000,000 over $50,000,000
Private placement financing dates and value ranges are based on transactions reported by the TSXV Monthly Review.
Date Company Type Quantity Price FT Units Amount Broker
Nov 21, 2011 Rokmaster Resources Corp IPO 10,000,000 $0.200

$2,000,000 Jordan Capital Markets Inc.
Sep 4, 2012 Rokmaster Resources Corp PP 1,552,000 $0.250
Units $388,000
Sep 21, 2012 Rokmaster Resources Corp PP 4,568,000 $0.250
Units $1,142,000
Apr 25, 2014 Rokmaster Resources Corp PP 10,000,000 $0.100
Units $1,000,000
May 29, 2014 Rokmaster Resources Corp PP 8,500,000 $0.100
Units $850,000
Apr 6, 2017 Rokmaster Resources Corp PP 13,717,110 $0.050
Units $685,856
Capital
Financials Dated: March 31, 2017 Reporting Period: 3 months Year End: 12/31 Currency: CAD
Assets Liabilities Income
Cash Equivalents: $267,004 Current Liabilities: $0 Operating Revenues: $0
Receivables etc: $175,538 Tangible LT Debt: $481,625 Operating Cash Costs: $0
Current Assets: $442,542 Intangible LT Debt: $0 Operating Cash Flow: $0
Long Term Assets:$702,000Total Liabilities:$481,625Operating Non-Cash Costs:$0




Miscellaneous Revenue:$0
Total Assets: $1,144,542 Share Capital: $6,865,232 Cash Expenses: $139,915


Shareholder Deficit: ($6,202,315) Non-Cash Expenses: $381,500
Working Capital: $442,542 Net Shareholder Equity: $662,917 Total Expenses: $521,415




Overall Cash Flow:($139,915)
Monthly Overhead:$46,638

Net Income (Loss):($521,415)

Note:
Structure & People
Directors, Officers and Employees: 26,759,901 27.2% AGM: September 9, 2016
Other Insiders: 0 0.0% People Tree Available
Past Reported Shareholders: 3,240,000 N/A
Related Party Occupation Related
Since
Insider Director Officer Capacity Ownership %
Michael Cowin Fund Manager 11/17/2016 Chairman 3,000,000 3.0%
Antonio M. De Quadros Engineer 3/1/2011

310,000 0.3%
John M. Mirko Contractor 12/21/2010 CEO & President 22,749,901 23.1%
David W. Moore Geologist 8/14/2017

0 0.0%
Larry Okada Accountant 2/1/2012

150,000 0.2%
Feisal A. Somji Administrator 2/1/2012

550,000 0.6%
Theodore W. Muraro Engineer 5/3/2017

Advisory Board 0 0.0%
Albert (Rick) Timcke Financier 5/15/2017

IR 0 0.0%
Past Insiders and Reported Shareholders - Current Ownership Status unknown
Related Party Occupation Related
Since
Insider
Ended
Director
Ended

Capacity Ownership
Dennis Cojuco Accountant 1/25/2017


Insider 2,640,000
Manuel Delgado
4/30/2013 5/20/2015 5/20/2015
Director 0
John Florino
9/28/2012 9/9/2016 9/9/2016
Director 0
David Garnett Broker (Pro) 9/21/2012


Placee 100,000
Ernest S. Peters Businessman 3/1/2011 9/9/2016 9/9/2016
Director 500,000
Share positions of current insiders based on last AGM circular, ownership % based on current Issued. Share positions of past insiders and shareholders have not been adjusted for rollbacks or splits.
Risk Analysis

Click here to view IPV Report

Key to Understanding the Spec Value Hunter Tables
Flagship Play Secondary Plays Other Plays
A Spec Value Hunter table allows speculators to identify which projects offer poor, fair or good speculative value according to the rational speculation model. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production.
Poor Speculative Value - Fair Speculative Value - Good Speculative Value -
Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits
Active Company Projects
ProjectCountryRegionNet
Interest
StageIPV $
MM

$100
UPV
$500

$2000
Target MetalsDeposit Style
Duncan LakeCanadaCanada100% WI3-Discovery Delineation $5 Zinc LeadCarbonate Replacement
Big CopperCanadaCanada55% WI1-Grassroots $10 CopperVein
Company Projects

Duncan Lake Project
Share Collective Boomtown
Duncan LakeCanadaBCCanada0 ha
Net Interest: 100% WI
Vested: Yes
Uncapped NSR/GOR: 2.50%
Ownership Terms: Agreement dated Nov 2, 2016 to acquire 100% from John and Robert Denny and Graeme Haines for 12 million shares on closing, 12 million shares on a technical report confirming 3 million tonnes of 6% combined lead zinc equivalent, 12 million on 6 million tonnes, and 12 million shares on commercial production. The 36 million shares are issued right away as special A, B and C warrants that convert into common once the milestones are reached. Subject to 2.5% NSR.
Target Metals: Zinc LeadModel: Carbonate ReplacementStage: 3-Discovery Delineation

Big Copper Project
Share Collective Boomtown
Big CopperCanadaBCCanada11,044 ha
Net Interest: 55% WI
Vested: Yes
Uncapped NSR/GOR: 1.00%
Ownership Terms: February 2012 option to acquire from John and Robert Denny 100% for $110,000 cash and 200,000 common shares of Rokmaster in four instalments. The property is subject to a 2.0-per-cent net smelter return royalty. Rokmaster also has the option to reduce the NSR to 1.0 per cent by paying $500,000. On commercial production, an additional 100,000 common shares in the capital of Rokmaster shall be paid. In Oct 2015 the option was terminated and converted into a 55:45 JV.
Target Metals: CopperModel: VeinStage: 1-Grassroots
Company News Releases - Members Only
Aug 23, 2017Receives Enhanced Drill Permit
Aug 14, 2017Appoints David Moore to Board of Directors
Jun 6, 2017Data Review Reveals Copper Mineralization Proximal to the Duncan Lake Project
May 18, 2017Acquires Additional Hectares at Duncan Lake
May 16, 2017Engages Investor Relations Consultant
May 3, 2017Strenghtens Team and Provides Update on its Duncan Lake Project
Apr 6, 2017Private Placement Non Brokered
Apr 6, 2017Closes $300,850 Final Tranche Of Private Placement
Feb 28, 2017Consolidates Duncan Lake Zinc Project
Feb 23, 2017Expands its Duncan Lake Zinc Project
Feb 14, 2017Receives Drilling Permit
Jan 30, 2017Closes Shares For Debt Transaction
Jan 25, 2017Shares for Debt
Jan 25, 2017Property Asset or Share Purchase Agreement
Jan 23, 2017Closes Acquisition Of The Duncan Lake Zinc lead Property
Dec 29, 2016Closes $385,005 First Tranche of Private Placement
Nov 17, 2016Appoints Michael Cowin As Chairman Of The Board Of Directors
Nov 3, 2016Resume Trading
Nov 2, 2016Halt
Nov 2, 2016Agreement To Purchase The Duncan Lake Zinc lead Property & Concurrent Private Placement And Shares For Debt Settlement
Jun 7, 2016Completes Voluntary Delisting from BVL
Jan 4, 2016Voluntary Delisting On BVL
Oct 27, 2015Closes Transaction with Kaizen Discovery
Jul 6, 2015Kaizen Discovery Enter Into An Agreement Regarding Pinaya Project
Jun 30, 2015Property Asset or Share Purchase Agreement
Jun 25, 2015Completes Acquisition Of Tmi And Option To Purchase Operating Peru Flotation Plant
May 20, 2015Board Of Directors Change
May 6, 2015To Acquire Mexican Silver gold Exploration Company
Apr 2, 2015Rokmaster To Acquire Option To Purchase Operating Peru Flotation Plant And To Resume Arbitration With Am Gold
Jan 2, 2015Files Counterclaim Against Rokmaster for Damages
Dec 18, 2014Identifies Potential Silver gold Properties For Acquisition
Nov 25, 2014Files Domestic Commercial Arbitration Notice
Nov 14, 2014AM Gold Provides Update on Rokmaster Default
Nov 13, 2014Rokmaster Initiates Arbitration And Announces Departure Of Giovanni (John) Fiorino
Oct 17, 2014AM Gold Inc. Provides Update On Rokmaster Default
Sep 25, 2014Resume Trading
Sep 25, 2014Receives A Notice Of Default From AM Gold Inc. In Respect Of Pinaya Option
Sep 25, 2014AM Gold Issues Rokmaster Notice of Default
Sep 24, 2014Halt
Sep 22, 2014Declares Force Majeure In Respect Of Pinaya Option
Sep 9, 2014Provides Update On Drilling Program
Aug 25, 2014Update On Drilling Program
Aug 7, 2014Commences Drilling On Pinaya Property
Jul 30, 2014Mobilizes Drill Equipment To Pinaya
Jul 30, 2014Optionee Rokmaster Mobilizes Drill Equipment To Pinaya
Jul 15, 2014AM Gold Optionee Announces New Potential at Pinaya
Jul 14, 2014Uncovers Significant New Potential At Pinaya
Jul 3, 2014Receives Authorization To Commence Activities At Pinaya
Jun 4, 2014Plans Summer Drill Program At Pinaya
May 29, 2014Private Placement Non Brokered
May 28, 2014Closes $850,000 Final Tranche Of Private Placement
Apr 29, 2014AM Gold Receives Milestone Payment from Rokmaster
Apr 25, 2014Private Placement Non Brokered
Apr 22, 2014Closes $1,000,000 First Tranche Of Private Placement
Apr 16, 2014Receives Water Permit Approval
Apr 14, 2014Revises Terms Of Non Brokered Private Placement
Apr 2, 2014Renews Community And Land Owner Surface Easement Agreements On Its Pinaya Project
Mar 31, 2014Receives Environmental Impact Drill Permit Approval
Feb 28, 2014Amends Loan Agreement
Feb 18, 2014$3,500,000 Non Brokered Private Placement
Nov 4, 2013Extends Annual General Meeting
Oct 21, 2013Rokmaster Issues Shares To AM Gold Inc.
Oct 18, 2013Property Asset or Share Purchase Amending Agreement
Oct 16, 2013Rokmaster Issues Shares To AM Gold Inc.
Sep 23, 2013Rokmaster And AM Gold Amend Pinaya Option
Sep 23, 2013Rokmaster and AM Gold Amend Pinaya Option
Sep 20, 2013Achieves 100% Ownership of Red Mountain Gold Property, Yukon Territory, Canada, Through Acquisition of Remaining 20% Interest


 

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