Black Bull Resources Inc. Announces December 31, 2013-Interim Financial Statement Release
28 2월 2014 - 11:19AM
Marketwired
Black Bull Resources Inc. Announces December 31, 2013-Interim
Financial Statement Release
SHELBURNE, NOVA SCOTIA--(Marketwired - Feb 27, 2014) - Black
Bull Resources Inc. (TSX-VENTURE:BBS.H) has released its Interim
Report including the Financial Statements and Management's
Discussion & Analysis for the first fiscal quarter ended
December 31, 2013.
The Company recorded a net and comprehensive loss for the three
month period of $44,079 versus $46,668 for December 31, 2012, or
($0.00) per share versus ($0.00). Allowing for non-cash operating
expense of $3,734 compared to $4,149 for December 31, 2011, the
Company's operational cash flow was -$40,345 versus -$42,519 for
December, 31 2011.
"The focus continues to be to reduce cash burn," says Joseph
MacDonald President and CEO, "While the Company's future is
uncertain with a reduced cash burn the Company can continue to seek
longer-term strategic options for its resources."
About Black Bull
Resources Inc.
Black Bull Resources Inc. is a Canadian mining company based in
Nova Scotia that owns the White Rock Mine near Shelburne. The mine
produces a unique, bright, white, high-purity quartz, marketed
under the Scotia White™ trademark which is used in a range
of value-added, specialty products.
The White Rock Property also contains an identified resource of
kaolin and mica.
Further detailed information may be obtained from the Company's
website www.blackbullresources.com or corporate filings at
www.SEDAR.com.
FORWARD-LOOKING STATEMENTS: This news release contains certain
forward-looking statements. All statements, other than statements
of historical fact, included herein, including without limitation
statements regarding the Company's mining properties, development
results or future plans, are forward looking statements that
involve various risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Factors that could cause actual results or events
to differ materially from current expectations include, among other
things, changes in mineral prices, fluctuations in currency
exchange rates, uncertainties relating to the availability and
costs of financing needed in the future, the capital and operating
costs varying significantly from estimates, delays in the
development of projects, as well as those risk factors discussed or
referred to in Management's Discussion and Analysis under the
heading "[Risks and Uncertainties]" and other documents filed from
time to time with the securities regulatory authorities in all
provinces and territories of Canada and available at
www.sedar.com.
Although the Company has attempted to identify important factors
that could cause actual actions, events or results to differ
materially from those described in forward-looking statements,
there may be other factors that cause actions, events or results
not to be anticipated, estimated or intended. There can be no
assurance that forward-looking statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Unless
required by law, the Company undertakes no obligation to update
forward-looking statements if circumstances or management's
estimates or opinions should change. Accordingly, readers are
cautioned not to place undue reliance on forward-looking
statements.
NEITHER TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX-VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Black Bull Resources Inc.Joseph MacDonaldPresident &
CEO902-875-1510902-875-1617admin@blackbullresources.comwww.blackbullresources.com
Black Bull Resources (TSXV:BBS.H)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Black Bull Resources (TSXV:BBS.H)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024