Commercial Credit Report for Parallel Mining Corp

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	Parallel Mining Corp
#1100 - 1111 Melville Street
Phone: (604) 682-2928p:604 682-2928	VANCOUVER, BC V6E 3V6 Canada	Fax: (604) 682-2928f:604 682-2928

Business Summary

Parallel Mining Corp. is a Canada-based company that is focused on the development of advanced gold exploration projects in East Africa. Its projects include the Lightning project, Star project, and North Terer and Ziban Gedena property. The Lightning project is situated within the North-Western zones of Tigray Province in Northern Ethiopia, approximately 280 kilometers (km) due North West of Mekelle which is situated 780 km north of Addis Ababa. The Star project is comprised of two contiguous Exploration Blocks (Adi Dairo & West Shire) and one individual Exploration Block (Terakimti) that cover an area of approximately 399.73 square kilometers located in the Tigray Region of the Federal Democratic Republic of Ethiopia. The North Terer and Ziban Gedena property licenses are located in Tigray Province in Northern Ethiopia. The property is located approximately 350 km northwest of the administrative center of Mek’ele, which is approximately 780 km from the country's capital, Addis Ababa.

(Source: Company's Website)

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
11/30/2023	5/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
1021	Copper ores

Officers and Directors

Title	Name	Age	Title Date	Start Date
President, Chief Executive Officer, Director	John D.Anderson	55	4/24/2014	4/24/2014
Chief Financial Officer	Rakesh I.Patel		5/14/2014	5/14/2014
Director	WilsonJin		9/27/2019	9/27/2019
Independent Director	Allan J.Fabbro		4/24/2014	11/9/2012

Business Names

Business Name
0909189
PAL
Transburkina Mining, S.A.RL.

General Information

Outstanding Shares:	20,158,419	(As of 11/30/2021)
Stock Exchange:	CVE
Fax Number:	(604) 682-2928

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