MNDJFMandalay Resources Corp.

About Mandalay Resources Corp. (MNDJF)

Mandalay Resources Corp. (MNDJF) is a Gold company headquartered in Toronto, ON, Canada whose shares trade over-the-counter on the OTCQB tier.

Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Bjorkdal gold mine). The Company is focused on growing its production profile and reducing costs to generate significant positive cashflow. Mandalay's mission is to create shareholder value through the profitable operation of both its Costerfield and Bjorkdal mines. Currently, the Company's main objective is to continue mining the high-grade Youle and Shepherd veins at Costerfield, which are expected to continue to supply high-grade ore to the processing plant, while extending Mineral Reserves. At Bjorkdal, the Company will aim to increase production from the Aurora zone and other higher-grade areas in the coming years in order to maximize profit margins from the mine.

Products and services

Mandalay Resources is a Canadian-based natural resource company producing gold and antimony.

MNDJF key facts

Ticker symbol

MNDJF

Market tier

OTCQB

Sector

Basic Materials

Industry

Gold

Headquarters

Toronto, ON, Canada

Country of incorporation

CA

Year of incorporation

1997

Employees

467

Estimated market cap

$334.58M (as of Apr 10, 2025)

Shares outstanding

94,662,503

Reporting standard

International Reporting: Toronto Stock Exchange

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2024)

Mandalay Resources Corp. leadership

• Frazer Bourchier — CEO, President, Executive Director
• Ryan Austerberry — COO
• Hashim Ahmed — CFO
• Chris Davis — VP, Exploration, VP Environment, Community & First Nations Relation
• Scott Trebilcock — Chief Development Officer
• Edison Nguyen — IR
• Jasmine Virk — Company Secretary

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