Malaga Inc. (TSX:MLG,OTCQX:MLGAF) announced its financial results for the third quarter ended September 30, 2012.

As quoted in the press release:

The Company’s production shortfall resulted in reduced sales that led to an increase in the working capital deficit to $4,195,526 ($1,545,235 as at December 31, 2011), and a reduction of cash on hand to $53,364 ($530,885 as at December 31, 2011).

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