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EPM Mining Ventures Inc. (TSXV:EPK,OTCQX:EPKMF) announced its first quarter 2013 results, and director election results from its Annual and Special Meeting of Shareholders held in Toronto on May 9, 2013. The directors that were reelected were Arthur Ditto, Chairman; Daniel Basse, De Lyle Bloomquist, Theodore Botts, Lance D’Ambrosio, Jeff Gentry, Ramakrishnan Mukundan, and Thomas Pladsen.
As quoted in the press release:
Highlights from the Q1 Financials include:
- The Company reported a net loss for the First Quarter of $0.69 million ($0.01 per share) compared with a net loss of $0.64 million ($0.01 per share) for the first quarter of 2012.
- The Company incurred a total of $3.0 million during the First Quarter on project-related activities for its Sevier Playa Project, compared to $4.1 million for the first quarter of 2012. First Quarter activities included an expansion of its 2012 drilling program, prefeasibility study engineering, bench scale test work, and environmental permitting.
- The Company ended the First Quarter with cash and cash equivalents of $7.8 million compared with $10.6 million as at December 31, 2012.
Click here to read the EPM Mining Ventures Inc. (TSXV:EPK,OTCQX:EPKMF) press release
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