Softrock pleased with continued increase in revenue
29 11월 2019 - 11:40AM
PR Newswire (Canada)
/THIS RELEASE NOT FOR CIRCULATION OR
RELEASE IN THE USA./
CALGARY,
Nov. 28. 2019 /CNW/ - Softrock
Minerals Ltd (SFT on TSXV) announced in their third quarter report
recently released to SEDAR, that their oil and gas royalty revenue
in this year's third quarter had more than doubled over the
corresponding 3 months on 2018 from $12,195 to $
24,882.
Likewise royalty income for the first nine months of this year
at $74,081 is more than three times
last year's first nine months of $21,955.
The company looks forward optimistically to another two royalty
wells to be drilled in the future but also expressed disappointment
at the poor shows obtained this month on its northern Ontario nickel-cobalt prospect.
Neither the TSXV nor its regulation services provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Softrock Minerals Ltd.
Copyright 2019 Canada NewsWire
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