Minaean International Corp.
Climate Impact & Sustainability Data (2007, 2013, 2015)
Reporting Period: 2007
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2013
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- The Company has incurred losses from inception and has a working capital deficiency.
- The Company continues to be dependent upon its ability to finance its operations through financing activities that may include issuance of additional debt or equity securities.
- The Company’s continuing operations and ultimately, the Company’s ability to continue as a going concern, is dependent upon its ability to either secure additional debt or equity capital and/or generate consistent cash flow from operations in the future.
- The Company has and may continue to have capital requirements in excess of its currently available resources.
Mitigation Strategies
- The Company has been successful in obtaining its required financing in the past, mainly through the issuance of equity capital and debt financing from both arms length and non-arms length parties.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: DAVIDSON & COMPANY LLP
Reporting Period: 2015
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Incurred losses from inception and has a working capital deficiency.
- Inability to raise additional financing may impact the future assessment of the Company as a going concern.
Mitigation Strategies
- Entered into a Memorandum of Understanding with Shapoorji Pallonji International FZC for corporate restructuring, including a private placement and debt settlement.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: DAVIDSON & COMPANY LLP
Sustainable Products & Innovation
- Vesta Quik-Build
- Artisan Quik-Build
- Modular Quik-Build
- Cellular Light Concrete