AMARC RESOURCES LTD Reports FY24 Financials
Ticker: AXREF · Form: 6-K · Filed: Jul 22, 2024 · CIK: 1175596
| Field | Detail |
|---|---|
| Company | Amarc Resources LTD (AXREF) |
| Form Type | 6-K |
| Filed Date | Jul 22, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bearish |
Sentiment: bearish
Topics: financials, sec-filing, loss
TL;DR
AMARC RESOURCES LTD shows $186.6M assets, $211.7M liabilities, and a $18.6M net loss for FY24.
AI Summary
AMARC RESOURCES LTD filed a 6-K on July 22, 2024, reporting financial information for the period ending March 31, 2024. The company's total assets were $186,602,894, with total liabilities of $211,702,894, resulting in a net loss of $18,602,894 for the fiscal year. The filing also references services provided by United Mineral Services Ltd and Hunter Dickinson Services Inc.
Why It Matters
This filing provides a snapshot of AMARC RESOURCES LTD's financial health, including its asset base, liabilities, and profitability for the fiscal year ending March 31, 2024, which is crucial for investors assessing the company's performance.
Risk Assessment
Risk Level: medium — The company reported a net loss and liabilities exceeding assets, indicating potential financial strain.
Key Numbers
- $186.6M — Total Assets (As of March 31, 2024)
- $211.7M — Total Liabilities (As of March 31, 2024)
- $18.6M — Net Loss (For the fiscal year ending March 31, 2024)
Key Players & Entities
- AMARC RESOURCES LTD (company) — Filer
- United Mineral Services Ltd (company) — Service provider
- Hunter Dickinson Services Inc (company) — Service provider
- $186,602,894 (dollar_amount) — Total assets as of March 31, 2024
- $211,702,894 (dollar_amount) — Total liabilities as of March 31, 2024
- $18,602,894 (dollar_amount) — Net loss for the fiscal year ending March 31, 2024
FAQ
What was AMARC RESOURCES LTD's net loss for the fiscal year ending March 31, 2024?
AMARC RESOURCES LTD reported a net loss of $18,602,894 for the fiscal year ending March 31, 2024.
What were the total assets of AMARC RESOURCES LTD as of March 31, 2024?
The total assets of AMARC RESOURCES LTD as of March 31, 2024, were $186,602,894.
What were the total liabilities of AMARC RESOURCES LTD as of March 31, 2024?
The total liabilities of AMARC RESOURCES LTD as of March 31, 2024, were $211,702,894.
Which companies provided services to AMARC RESOURCES LTD during the reported periods?
The filing mentions services provided by United Mineral Services Ltd and Hunter Dickinson Services Inc.
What is the filing date of this 6-K report?
This 6-K report was filed on July 22, 2024.
Filing Stats: 240 words · 1 min read · ~1 pages · Grade level 11.3 · Accepted 2024-07-22 17:27:27
Filing Documents
- ahr_6k.htm (6-K) — 82KB
- ahr_ex991.htm (EX-99.1) — 824KB
- ahr_ex992.htm (EX-99.2) — 1393KB
- ahr_ex993.htm (EX-99.3) — 7KB
- ahr_ex994.htm (EX-99.4) — 7KB
- ahr_ex991img1.jpg (GRAPHIC) — 7KB
- ahr_ex991img5.jpg (GRAPHIC) — 15KB
- ahr_ex991img3.jpg (GRAPHIC) — 4KB
- ahr_ex992img4.jpg (GRAPHIC) — 43KB
- ahr_ex992img3.jpg (GRAPHIC) — 6KB
- 0001654954-24-009268.txt ( ) — 6023KB
- ahr-20240717.xsd (EX-101.SCH) — 100KB
- ahr-20240717_lab.xml (EX-101.LAB) — 325KB
- ahr-20240717_cal.xml (EX-101.CAL) — 54KB
- ahr-20240717_pre.xml (EX-101.PRE) — 250KB
- ahr-20240717_def.xml (EX-101.DEF) — 121KB
- ahr_6k_htm.xml (XML) — 618KB
Management's Discussion and Analysis for the twelve months ended March 31, 2024
Management's Discussion and Analysis for the twelve months ended March 31, 2024 99.3 Form 52-109FV1 Certification of annual filings – venture issue basic certificate - CEO 99.4 Form 52-109FV1 Certification of annual filings – venture issue basic certificate - CFO 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Amarc Resources Ltd. (Registrant) Date: July 17, 2024 By: /s/ Thomas Wilson Thomas Wilson Chief Financial Officer 3