Inactive Instrument

Parallel Mining Corp.

PAL

CA69915U2011

Parallel Mining Corp. Auditor Raises 'Going Concern' Doubt

Published on 09/26/2025

S&P Capital IQ

Add MarketScreener to your sources

PARALLEL MINING CORP.

-.--%

Parallel Mining Corp. filed its Annual on Sep 26, 2025 for the period ending May 31, 2025. In this report its auditor, De Visser Gray, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Add MarketScreener to your sources

Latest news about Parallel Mining Corp.

04-18	Parallel Mining Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended February 28, 2026	CI
01-30	Parallel Mining Corp. Reports Earnings Results for the Second Quarter and Six Months Ended November 30, 2025	CI
28/10/25	Parallel Mining Corp. Reports Earnings Results for the First Quarter Ended August 31, 2025	CI
26/09/25	Parallel Mining Corp. Reports Earnings Results for the Full Year Ended May 31, 2025	CI
26/09/25	Parallel Mining Corp. Auditor Raises 'Going Concern' Doubt	CI
29/04/25	Parallel Mining Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended February 28, 2025	CI
19/02/25	Parallel Mining Corp. Reports Earnings Results for the Second Quarter and Six Months Ended November 30, 2024	CI
10/02/25	Parallel Mining Corp. Reports Earnings Results for the Full Year Ended May 31, 2024	CI
10/02/25	Parallel Mining Corp. Auditor Raises 'Going Concern' Doubt	CI
23/09/24	Parallel Mining Corp. announced that it has received CAD 0.0375 million in funding	CI
26/04/24	Parallel Mining Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended February 29, 2024	CI
26/01/24	Parallel Mining Corp. Reports Earnings Results for the Second Quarter and Six Months Ended November 30, 2023	CI
30/10/23	Parallel Mining Corp. Reports Earnings Results for the First Quarter Ended August 31, 2023	CI
27/10/23	Parallel Mining Corp. Reports Earnings Results for the Full Year Ended May 31, 2023	CI
19/04/23	Parallel Mining Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended February 28, 2023	CI

Chart Parallel Mining Corp.

Duration

Period

PAL: Dynamic Chart

Company Profile

Parallel Mining Corp. is a Canada-based company that is focused on the development of advanced gold exploration projects in East Africa. Its projects include the Lightning project, Star project, and North Terer and Ziban Gedena property. The Lightning project is situated within the North-Western zones of Tigray Province in Northern Ethiopia, approximately 280 kilometers (km) due North West of Mekelle which is situated 780 km north of Addis Ababa. The Star project is comprised of two contiguous Exploration Blocks (Adi Dairo & West Shire) and one individual Exploration Block (Terakimti) that cover an area of approximately 399.73 square kilometers located in the Tigray Region of the Federal Democratic Republic of Ethiopia. The North Terer and Ziban Gedena property licenses are located in Tigray Province in Northern Ethiopia. The property is located approximately 350 km northwest of the administrative center of Mekâ€™ele, which is approximately 780 km from the country's capital, Addis Ababa.

Employees

Sector

Specialty Mining & Metals

More about the company