Company Profile For Tiomin Resources Inc.

Tiomin Resources Inc. (TIO.TO) (Toronto Stock Exchange)

sector: Basic Materials · industry: Mining & Metals - Specialty ·

As of 6:08pm GMT

0.03CAD

Price Change

+0.00

Percent Change

+20.00%

Analyst Recommendations

Overview

Tiomin Resources Inc. is engaged in the exploration and development of industrial mineral and base metal projects. The Company is focused on the development of its Kwale Project in Kenya. As of December 31, 2008, the Company is not engaged in production on any of its properties and has only minimal revenue derived from interest earned on its cash balances.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Tiomin Resources Inc. reported no revenues. Net loss increased 92% to C$3.9M. Revenues reflect that the Company is still being in its exploration stage. Higher loss reflects an increase in professional fees, a rise in leasehold expenses, lower interest & other income, an increase in general exploration & write off expenses, higher shareholders information expenses and the presence of charge on loan impairment.