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Rain City Resources (XCNQ:RAIN) Construction In Progress : C$0.00 Mil (As of Dec. 2024)


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What is Rain City Resources Construction In Progress?


Rain City Resources Construction In Progress Historical Data

The historical data trend for Rain City Resources's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Rain City Resources Construction In Progress Chart

Rain City Resources Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Construction In Progress
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Rain City Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Rain City Resources Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Rain City Resources Business Description

Traded in Other Exchanges
N/A
Address
142 - 757 West Hastings Street, Vancouver, BC, CAN, V6C 1A1
Rain City Resources Inc is an integrated lithium technology and project development company committed to solving the environmental, social, and economic issues associated with extracting lithium from brine. Its primary focus is on lithium production sourced from brines using proprietary Direct Lithium Extraction (DLE) processes. The company has purchased an interest in a patented technology, adapted to Direct Lithium Extraction (DLE) called ACCELi. In addition, it holds a 100% interest in the Bro Property, located in the Yukon region.
Executives
Mineral Road Discovery Inc 10% Security Holder
Damien Edward Reynolds 10% Security Holder
1459988 Bc Ltd 10% Security Holder
Emma Fairhurst 10% Security Holder
Crest Resources Inc. 10% Security Holder
Richard Ryan Penn 10% Security Holder, Director, Senior Officer
Roman Reuven Rubin 10% Security Holder, Director, Senior Officer