Provide an analysis of your company’s capital resources, including
(a) commitments for capital expenditures as of the date of your company’s financial statements including
(i) the amount, nature and purpose of these commitments;
(ii) the expected source of funds to meet these commitments; and
(iii) expenditures not yet committed but required to maintain your company’s capacity, to meet your company’s planned growth or to fund development activities;
(b) known trends or expected fluctuations in your company’s capital resources, including expected changes in the mix and relative cost of these resources; and
(c) sources of financing that your company has arranged but not yet used.
INSTRUCTIONS
(i) Capital resources are financing resources available to your company and include debt, equity and any other financing arrangements that you reasonably consider will provide financial resources to your company.
(ii) In discussing your company’s commitments you should discuss any exploration and development, or research and development expenditures required to maintain properties or agreements in good standing.