Top Strike Announces 2021 Third Quarter Financial Results ending January 31, 2021 and Corporate Update – PRNewswire

CALGARY, AB, March 30, 2021 /PRNewswire/ – Top Strike Resources Corp. d.b.a. “Vencanna Ventures” (the “Corporation” or “Vencanna”) (CSE: VENI) (OTCQB: TPPRF) is pleased to provide a summary of its financial results as of January 31, 2021.  Selected financial information is outlined below and should be read in conjunction with the Corporation’s financial statements and management’s discussion and analysis for the three ended January 31, 2021, which are available on SEDAR at www.sedar.com.

Financial Highlights

The following financial data is selected information for the Corporation for the eight most recently completed financial quarters:

($)

Jan 31,
2021

Oct 31,
2020

July 31,
2020

Apr 30,
2020

Jan 31,
2020

Oct 31,
2019

Jul 31,
2019

Apr 30,
2019

Revenue

142,842

144,635

127,166

950,424

307,630

281,650

113,548

222,857

Gain (Loss) for
the period

(663,014)

(134,587)

(253,263)

712,761

59,196

(60,828)

(205,824)

(1,390,478)

Gain (Loss) per
share – basic

 

(0.00)

 

(0.00)

 

(0.00)

 

0.00

 

0.00

 

(0.00)

 

(0.00)

 

(0.02)

Total assets

10,464,502

10,789,987

10,873,139

9,293,961

8,671,208

8,438,837

8,468,446

8,603,826

Total liabilities

2,239,989

1,900,699

1,870,846

76,132

66,268

37,109

58,138

58,370

Expenses for the three months ended January 31, 2021 was $805,856 (2020 – $248,434) of which $554,260 (2020 – $Nil) is related to unrealized changes in fair market value for investments and other financial instruments and $251,596 (2020 – $248,434)

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