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Timberline Resources Corp

TSXV:TBRUS:TLRS
No current share price held for this company.

Past year: ▲ 117%(6.00c – 16.0c CAD)

Market cap
—
Shares on issue
—
Story beats
36 since 2006
Last event
20 Sept 2024

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

14 Feb 2014material agreement● Neutral

Timberline accepted an early, discounted $150,000 cash payment from its former drilling subsidiary TDI to satisfy a $220,000 obligation due later in 2014 - a modest cash-now-for-less-later trade, with the rest of the 2011 drilling-services deal unaffected.

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11 Feb 2014quarterly activities report▼ Bad

Timberline Resources Corp reported a quarterly net loss of $509 thousand for the period ended 2013-12-31.

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29 Oct 2013capital raising announcement▲ Good

Timberline expanded its lease with the Knight family trust to add 104 more Nevada mineral claims (bringing the total to 590 claims across seven properties), paying with 200,000 restricted shares - continued build-out of the Nevada exploration land package.

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10 Sept 2013capital raising announcement● Neutral

Timberline closed its second Aegis Capital-led public offering of 5 million shares, issuing 150,000 warrants to Aegis as underwriting compensation - another routine equity raise in an ongoing pattern of small-cap dilutive financing.

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5 Sept 2013securities registration● Neutral

Timberline Resources Corp filed the final prospectus for a registered offering.

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5 Sept 2013material agreement● Neutral

Timberline priced another underwritten public offering of up to 5 million shares plus a 750,000-share over-allotment, again through Aegis Capital - a second Wall Street-style raise within a year, reflecting continued reliance on equity issuance to fund exploration.

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4 Sept 2013securities registration● Neutral

Timberline Resources Corp filed a prospectus supplement for an offering off its existing shelf.

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28 Aug 2013capital raising announcement▲ Good

Timberline leased, with an exclusive purchase option, a package of 584 mining claims (over 11,000 acres across six Nevada properties) from the Knight family trust, plus a right of first refusal on nearby third-party claims - a large new land package added to its Nevada gold portfolio.

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15 Aug 2013quarterly activities report▼ Bad

Timberline Resources Corp reported a quarterly net loss of $594 thousand for the period ended 2013-06-30.

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13 Aug 2013quarterly activities report▼ Bad

Timberline Resources Corp reported a quarterly net loss of $594 thousand for the period ended 2013-06-30.

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10 May 2013quarterly activities report▼ Bad

Timberline Resources Corp reported a quarterly net loss of $653 thousand for the period ended 2013-03-31.

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9 May 2013quarterly activities report▼ Bad

Timberline Resources Corp reported a quarterly net loss of $653 thousand for the period ended 2013-03-31.

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1 Mar 2013resource reserve update▲ Good

Timberline announced a 30% increase in the measured-and-indicated gold resource at Lookout Mountain - continued resource growth at the flagship Nevada project gained through the Staccato acquisition.

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14 Feb 2013quarterly activities report▼ Bad

Timberline Resources Corp reported a quarterly net loss of $1.2 million for the period ended 2012-12-31.

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13 Feb 2013quarterly activities report▼ Bad

Timberline Resources Corp reported a quarterly net loss of $1.2 million for the period ended 2012-12-31.

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27 Dec 2012capital raising announcement▲ Good

Timberline announced the Aegis Capital-led public offering had closed with the underwriters fully exercising their over-allotment option - completing the December 2012 stock sale, not a farm-in/farm-out transaction (the filing contains no farm-in content; likely a pipeline misclassification).

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21 Dec 2012securities registration● Neutral

Timberline Resources Corp filed the final prospectus for a registered offering.

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21 Dec 2012material agreement● Neutral

Timberline signed an underwriting agreement with Aegis Capital for a public offering of up to 5 million common shares (plus a 750,000-share over-allotment option), giving Aegis a one-year right of first refusal on future offerings - a bigger, Wall Street-style capital raise than its earlier small private placements.

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19 Dec 2012securities registration● Neutral

Timberline Resources Corp filed a prospectus supplement for an offering off its existing shelf.

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13 Aug 2012quarterly activities report▼ Bad

Timberline Resources Corp reported quarterly revenue of $0 and a net loss of $1.8 million for the period ended 2012-06-30.

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8 Aug 2012quarterly activities report▼ Bad

Timberline Resources Corp reported quarterly revenue of $0 and a net loss of $1.8 million for the period ended 2012-06-30.

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23 May 2012securities registration● Neutral

Timberline Resources Corp filed the final prospectus for a registered offering.

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11 May 2012securities registration● Neutral

Timberline Resources Corp registered a securities offering with the SEC using its shelf eligibility.

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8 May 2012quarterly activities report▼ Bad

Timberline Resources Corp reported quarterly revenue of $0 and a net loss of $1.1 million for the period ended 2012-03-31.

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7 May 2012quarterly activities report▼ Bad

Timberline Resources Corp reported quarterly revenue of $0 and a net loss of $1.1 million for the period ended 2012-03-31.

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13 Feb 2012quarterly activities report● Neutral

Timberline Resources Corp reported quarterly revenue of $3.2 million and net income of $454 thousand for the period ended 2011-12-31.

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10 Feb 2012quarterly activities report● Neutral

Timberline Resources Corp reported quarterly revenue of $3.2 million and net income of $454 thousand for the period ended 2011-12-31.

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9 Feb 2012quarterly activities report● Neutral

Timberline Resources Corp reported quarterly revenue of $3.2 million and net income of $454 thousand for the period ended 2011-12-31.

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15 Nov 2011asset acquisition disposition▲ GoodMajor

Timberline closed the sale of Timberline Drilling to its management buyers and signed the related drilling-services agreement guaranteeing at least $440,000-plus of discounted future drilling work - completing the exit from the drilling-services business first entered via the 2006 Kettle Drilling acquisition.

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31 Oct 2011material agreement▲ GoodMajor

Timberline agreed to sell its Timberline Drilling subsidiary (the former Kettle Drilling, acquired in 2006) to its own management team via TDI Holdings for $8 million cash, a $1.35 million note, assumed debt and $1.1 million of future discounted drilling services - unwinding the 2006 diversification into drilling services to refocus purely on exploration.

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