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Foran Mining Corporation (TSXV:FOM) announced its financial results for the 3 month period ended MArh 31, which showed a net loss of $510,401 or $0.01 per share.
As quoted in the press release:
This compares to a net loss of $391,005 or $0.00 per share (basic and diluted) for the three-month period ended March 31, 2014.
As at March 31, 2015, the Company had a total of $2.6 million in cash and cash equivalents (December 31, 2014: $4.1 million). Working capital totaled $2.4 million (December 31, 2014: $4.0 million).
The unaudited Condensed Consolidated Interim Financial Statements for the three-month period ended March 31, 2015, along with Management’s Discussion and Analysis, have been filed on SEDAR and are available at www.sedar.com.
Click here to read the Foran Mining Corporation (TSXV:FOM) press release
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