Manning Ventures Inc (MANN)

[JonnyRBuck12]

Manning Ventures Due Diligence Report. All Information Available On Sedar.

Tickers: CSE:MANN | OTCQB:MANVF | FRA:1H5
Prices: $0.055 CAD | $0.04765 USD | €0.027
Market Cap: $3.51M CAD
Common Shares: 63,798,967

Company Website: https://manning-ventures.com

2022 Company Presentation: https://manning-ventures.com/wp-content/uploads/2022/01/Manning-Ventures-CorpPres-Jan-2022.pdf

Most Recent Financials (May 31, 2022)
ASSETS
Cash: $1,593,268
Accounts Receivable: $176,172
Prepaid Expenses: $7,955
Exploration & Evaluation Assets: $7,196,332
Total Assets: $8,973,727

LIABILITIES
Accounts Payable: $260,605
Flow Through Share Liability: $219,783
Total Liabilities: $480,388

Average quarterly G&A cash burn per quarter: $267,000

Due to the MD&A being quite extensive from the amount of properties that the company holds, the best way to learn more about the company is through their presentation posted above, company website, or seeing the MD&A on Sedar.

*Note* Recent Nickel discovery by Murchinson Minerals (MUR.V) is in the same area as Manning Ventures five Iron Ore properties.