Canadian Phoenix: 2012 Q1 Results

Canadian Phoenix Resources (TSXV:CXP) reported its 2012 first quarter results.

As quoted in the press release:

2012 FIRST QUARTER HIGHLIGHTS

• The Corporation held $79.3 million in cash and cash equivalents and maintained a working capital surplus of $79.2 million as at March 31, 2012.

• The Corporation’s cash and cash equivalents per common share and net asset value per common share were $1.37 as at March 31, 2012.

Click here to read the Canadian Phoenix Resources (TSXV:CXP) press release.