Candax Reports First Quarter 2011 Results

Candax Energy Inc. (TSX:CAX) announces first quarter results for 2011.

The press release is quoted as saying:

Candax recorded a loss of $0.6 million ($0.001 per common share) for the three months ended March 31, 2011, compared to a loss of $3.6 million ($0.02 per common share) for the same period in 2010.

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