Black Dragon Gold Corp (BDG) 2019年年度报告「ASX」.pdf

1、 ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2019 Black Dragon Gold Corp.Annual report for the year ended 31 December 2019 2 Contents Page Strategic Report 3 2019 Highlights&Recent Developments 3 Executive Directors Review 4 Tenement Portfolio&Competent Persons Report 8 Chairmans Update 9 Report of

2、 the Directors 12 Directors&Key Management 12 Company Directory 13 Directors Report 15 Corporate Governance Statement 17 Directors Responsibilities Statement 20 Audited Consolidated Financial Statements 21 Independent Auditors Report to the Members of Black Dragon Gold Corp.22 Consolidated Statement

3、 of Financial Position 25 Consolidated Statement of Operations&Comprehensive Loss 26 Consolidated Statement of Changes of Cash Flows 27 Consolidated Statement of Changes in Shareholders Equity 28 Notes to the Consolidated&Company financial statements 29 ASX Additional Information 44Black Dragon Gold

4、 Corp.Annual report for the year ended 31 December 2019 Strategic Report 3 2019 Highlights The 2019 strategic plan focused on creating shareholder value through fast tracking the progress of the Salave asset to production.Before assuming management of the Company,previous management had identified t

5、he construction permitting issues and the existing RMB debt as the sole restraints on the realization of the assets significant value.Previous management resolved the RMB debt by renegotiating an option to repurchase the US$10 million facility for US$3 million plus certain other consideration.On Jan

6、uary 23,2018 the Company announced that it had commenced a 2,200m exploration drilling program on the Salave Gold Deposit(“Salave”or“Salave Project”)in Asturias,Spain,following the receipt of approval from the Asturias Ministry of Employment,Industry&Tourism,as well as the Municipality of Tapia de C