Tsodilo Resources Limited (TSD.V) 2019年年度报告「TSX-V」.pdf

1、Tsodilo Resources Limited2011 Annual Report Annual Report 2019 Tsodilo Resources LimitedTable of ContentsManagements Discussion and Analysis-P.1 Financial Reporting Responsibility of Management-P.27 IndependentAuditors Report-P28 Consolidated Financial Statements-P.31Information for Investors-IBCTSO

2、DILO RESOURCES LIMITED Management s Discussion and Analysis FOR THE YEAR ENDED DECEMBER 31,2019 The Management s Discussion and Analysis has been authorized for release by the Company s Board of Directors on June 14,20201Management s Discussion and Analysis This managements discussion and analysis(“

3、MD&A”)should be read in conjunction with the consolidated financial statements of the Company and the notes thereto for the years ended December 31,2019 and 2018.The Companys consolidated financial statements are prepared in accordance with International Financial Reporting Standards(IFRS).The Compa

4、nys functional and reporting currency is United States dollars and all amounts stated are in United States dollar unless otherwise noted.In addition,the Company has three Botswana operating subsidiaries,Newdico(Pty)Ltd.,Gcwihaba Resources(Pty)Ltd.and Bosoto(Pty)Ltd.which have a functional currency o

5、f the Botswana Pula,and a South African subsidiary,Idada 361(Pty)Ltd.which has a functional currency of South African Rand.This managements discussion and analysis has been prepared as at June 14,2020.OVERVIEW Tsodilo Resources Limited(“Tsodilo”or the“Company”)was organized under the laws of the Pro

6、vince of Ontario in 1996 and continued under the laws of the Yukon in 2002.It is incorporated under laws of the Yukon Territory,Canada,under the Business Corporations Act of Yukon and the address of the Companys registered office is 161 Bay Street,P.O.Box 508 Toronto,Ontario,Canada,M5J 2S1.The Compa