Borneo Resource Investments Ltd. Reports No Change in Cash Position; Reverse Stock Split and Name Change Pending Approval

Reuters05-13

<a href="https://laohu8.com/S/BRNE">Borneo Resource Investments Ltd.</a> Reports No Change in Cash Position; Reverse Stock Split and Name Change Pending Approval

Borneo Resource Investments Ltd. has reported its financial results for the fiscal year ending March 31, 2025. The company recorded a net loss of $42,850, while the previous period reported a net loss of $25,950. The net loss attributable to shareholders of the company stands at $42,213, compared to $25,950 in the previous period. The company reported total operating expenses of $38,949, an increase from $25,000 in the prior period. Interest expense was reported at $3,713, up from $950 previously. Borneo Resource Investments Ltd. operates in a single segment focusing on the monetization of asymmetric natural resource asset opportunities, including critical metals and minerals, and precious metals. The company's financial statements have been prepared in accordance with generally accepted accounting principles in the United States. Additionally, the company has not declared any reverse stock split and name change effective as of May 12, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Borneo Resource Investments Ltd. published the original content used to generate this news brief on May 12, 2025, and is solely responsible for the information contained therein.

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Reports No Change in Cash Position; Reverse Stock Split and Name Change Pending Approval","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/BRNE\">Borneo Resource Investments Ltd.</a> Reports No Change in Cash Position; Reverse Stock Split and Name Change Pending Approval\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Borneo Resource Investments Ltd. has reported its financial results for the fiscal year ending March 31, 2025. The company recorded a net loss of $42,850, while the previous period reported a net loss of $25,950. The net loss attributable to shareholders of the company stands at $42,213, compared to $25,950 in the previous period. 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