- Canadian Spirit Resources Inc. (SPI) appoints new CFO
- Florence will be replacing Sead Hamzagic who is stepping down as CFO to pursue other opportunities
- Greg Florence is a Chartered Professional Accountant with over 30 years of business and financial experience in various sectors
- Before this announcement, the company’s most recent release was back in May when it presented its Q1 results for 2022
- It noted a loss and comprehensive loss for the three months ended March 31, 2022, that came out to be $222,024 (March 31, 2021 – $234,534)
- Canadian Spirit Resources Inc. (SPI) is sitting at C$0.12 at 3:26 pm EST as of June 9
Canadian Spirit Resources (SPI) has appointed Greg Florence as Chief Financial Officer.
Florence will be replacing Sead Hamzagic who is stepping down as CFO to pursue other opportunities.
Greg Florence is a Chartered Professional Accountant with over 30 years of business and financial experience in various sectors, including upstream oil and gas.
Florence has held several senior management positions with public and private companies, including CFO, Corporate Secretary, Director of Investments, and Vice President of Marketing and Corporate Development.
Before this announcement, the company’s most recent release was back in May when it presented its Q1 results for 2022.
It noted a loss and comprehensive loss for the three months ended March 31, 2022, that came out to be $222,024 (March 31, 2021 – $234,534).
Comparing this to the prior period, the decrease in loss of $12,510 was due to share-based compensation (non-cash stock options) of $32,328, consulting fees and professional fees (audit and legal) of $53,231 and Investor relations and filing fees of $11,048.
As noted above, the cost increase of 118,122 was a gain on the sale of idle equipment, accounting for other income of $130,250.
When looking at the number of shares outstanding as of March 31, 2021, we saw an accumulation of over 268,000,000, where as of December 31, 2020, we saw over 248,000,000.
Canadian Spirit Resources is a public company focused on the exploration and production of natural gas in Northeastern British Columbia.
Canadian Spirit Resources Inc. (SPI) is sitting at C$0.12 at 3:26 pm EST as of June 9.
