Iona Energy: 2012 Q1 Financial Results

- May 30th, 2012

Iona Energy Inc. (TSXV:INA) reported 2012 first quarter financial results.

Iona Energy Inc. (TSXV:INA) reported 2012 first quarter financial results.

As quoted in the press release:

Financial

  • Exploration and evaluation assets of CAD$51.4 million (December 31, 2011- CAD$28.2 million).
  • Total assets of CAD$76.0 million (December 31, 2011 – CAD$72.1 million).

Iona’s CEO, Neill A. Carson commented:

The first quarter of 2012 has seen further growth in the Company with the Kells acquisition and fast track development of the field.

Click here to read the Iona Energy Inc. (TSXV:INA) press release.

Leave a Reply